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Next plc (GB:NXT)
LSE:NXT
UK Market
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Next plc (NXT) Ratios

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Next plc Ratios

GB:NXT's free cash flow for Q4 2025 was £0.44. For the 2025 fiscal year, GB:NXT's free cash flow was decreased by £ and operating cash flow was £0.19. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.69 1.69 2.04 1.99 1.99
Quick Ratio
1.14 1.14 1.44 1.47 1.47
Cash Ratio
0.13 0.13 0.10 0.36 0.36
Solvency Ratio
0.23 0.34 0.33 0.30 0.30
Operating Cash Flow Ratio
0.45 0.72 0.68 0.74 0.74
Short-Term Operating Cash Flow Coverage
2.27 3.65 7.24 3.83 3.83
Net Current Asset Value
£ -468.30M£ -468.30M£ -584.20M£ -564.60M£ -564.60M
Leverage Ratios
Debt-to-Assets Ratio
0.38 0.38 0.48 0.53 0.53
Debt-to-Equity Ratio
1.14 1.14 1.65 2.09 2.09
Debt-to-Capital Ratio
0.53 0.53 0.62 0.68 0.68
Long-Term Debt-to-Capital Ratio
0.25 0.25 0.41 0.45 0.45
Financial Leverage Ratio
2.98 2.98 3.43 3.94 3.94
Debt Service Coverage Ratio
1.93 2.83 5.52 3.07 3.07
Interest Coverage Ratio
8.14 11.13 11.27 9.95 9.95
Debt to Market Cap
0.06 0.07 0.11 0.11 0.11
Interest Debt Per Share
16.30 16.42 16.07 17.18 17.18
Net Debt to EBITDA
1.73 1.20 1.57 1.49 1.49
Profitability Margins
Gross Profit Margin
43.30%43.19%43.83%42.90%42.90%
EBIT Margin
17.39%17.71%18.53%19.56%19.56%
EBITDA Margin
21.46%22.79%22.90%24.33%24.33%
Operating Profit Margin
17.51%17.58%17.45%18.60%18.60%
Pretax Profit Margin
15.76%16.13%16.98%17.69%17.69%
Net Profit Margin
11.80%12.03%14.14%14.65%14.65%
Continuous Operations Profit Margin
11.86%12.04%14.12%14.65%14.65%
Net Income Per EBT
74.83%74.58%83.24%82.79%82.79%
EBT Per EBIT
90.00%91.78%97.35%95.12%95.12%
Return on Assets (ROA)
10.87%15.11%17.86%17.01%17.01%
Return on Equity (ROE)
35.37%44.99%61.33%67.08%67.08%
Return on Capital Employed (ROCE)
23.78%32.53%30.39%31.02%31.02%
Return on Invested Capital (ROIC)
15.62%21.38%22.79%22.31%22.31%
Return on Tangible Assets
12.80%17.79%18.77%17.56%17.56%
Earnings Yield
3.62%6.18%8.67%7.08%7.08%
Efficiency Ratios
Receivables Turnover
3.12 4.25 0.00 0.00 0.00
Payables Turnover
7.15 9.77 12.29 9.59 9.59
Inventory Turnover
2.94 4.02 4.27 4.17 4.17
Fixed Asset Turnover
3.15 4.30 3.85 3.73 3.73
Asset Turnover
0.92 1.26 1.26 1.16 1.16
Working Capital Turnover Ratio
4.25 5.35 4.30 4.04 4.04
Cash Conversion Cycle
190.14 139.41 55.78 49.41 49.41
Days of Sales Outstanding
117.09 85.91 0.00 0.00 0.00
Days of Inventory Outstanding
124.08 90.85 85.48 87.47 87.47
Days of Payables Outstanding
51.03 37.36 29.70 38.06 38.06
Operating Cycle
241.17 176.77 85.48 87.47 87.47
Cash Flow Ratios
Operating Cash Flow Per Share
5.83 9.47 5.97 7.00 7.00
Free Cash Flow Per Share
5.03 8.16 3.98 4.91 4.91
CapEx Per Share
0.85 1.32 1.98 2.09 2.09
Free Cash Flow to Operating Cash Flow
0.86 0.86 0.67 0.70 0.70
Dividend Paid and CapEx Coverage Ratio
3.04 2.73 1.53 1.46 1.46
Capital Expenditure Coverage Ratio
6.87 7.20 3.01 3.35 3.35
Operating Cash Flow Coverage Ratio
0.38 0.61 0.39 0.42 0.42
Operating Cash Flow to Sales Ratio
0.16 0.19 0.15 0.19 0.19
Free Cash Flow Yield
4.30%8.20%6.02%6.55%6.55%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
27.61 16.18 11.54 14.12 14.12
Price-to-Sales (P/S) Ratio
3.14 1.95 1.63 2.07 2.07
Price-to-Book (P/B) Ratio
8.93 7.28 7.08 9.47 9.47
Price-to-Free Cash Flow (P/FCF) Ratio
23.26 12.20 16.62 15.27 15.27
Price-to-Operating Cash Flow Ratio
20.77 10.51 11.09 10.71 10.71
Price-to-Earnings Growth (PEG) Ratio
0.28 -2.33 1.46 0.10 0.10
Price-to-Fair Value
8.93 7.28 7.08 9.47 9.47
Enterprise Value Multiple
16.38 9.74 8.69 9.99 9.99
Enterprise Value
15.78B 13.58B 10.02B 11.24B 11.24B
EV to EBITDA
16.38 9.74 8.69 9.99 9.99
EV to Sales
3.51 2.22 1.99 2.43 2.43
EV to Free Cash Flow
26.01 13.91 20.28 17.94 17.94
EV to Operating Cash Flow
22.42 11.98 13.54 12.59 12.59
Tangible Book Value Per Share
8.45 8.51 7.84 6.95 6.95
Shareholders’ Equity Per Share
13.57 13.67 9.35 7.92 7.92
Tax and Other Ratios
Effective Tax Rate
0.25 0.25 0.19 0.18 0.18
Revenue Per Share
37.22 51.11 40.56 36.25 36.25
Net Income Per Share
4.39 6.15 5.73 5.31 5.31
Tax Burden
0.75 0.75 0.83 0.83 0.83
Interest Burden
0.91 0.91 0.92 0.90 0.90
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.10 0.11 0.10 0.08 0.08
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.33 1.05 1.04 1.32 1.32
Currency in GBP
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