Next Vision (NXSN) AI Stock Analysis

• Market Cap: ₪34.77B
• Dividend Yield: 0.77%
• Average Volume (3M): 369.18K
• Price to Earnings (P/E): 33.2
• Beta (1Y): 1.04
• Revenue Growth: 39.62%
• EPS Growth: 40.53%
• Country: IL
• Employees: 88
• Sector: Technology
• Sector Strength: 88
• Industry: Security & Protection Services
• EPS (TTM): 101.37
• Shares Outstanding: 91,319,440
• 10 Day Avg. Volume: 315,690
• 30 Day Avg. Volume: 369,175
• PEG Ratio: 0.16
• Price to Book (P/B): 10.16
• Price to Sales (P/S): 12.17
• P/FCF Ratio: 21.19
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 1.57
• Revenue Forecast (FY): ₪250.90M

• Rating: 78 Outperform
• Price Target: 30,712.00 ▲(108.93% Upside)
• Action: Reiterated Date: 01/24/26
• Date: Action: Reiterated 01/24/26

Score is driven primarily by outstanding financial performance (rapid growth, exceptional profitability, and low leverage) and strong bullish technical trend. These positives are meaningfully offset by a very high P/E and overbought momentum signals that raise near-term risk.

Positive Factors

Exceptional revenue growth & margins

Sustained near-100% revenue growth combined with very high gross and net margins indicates durable product differentiation and pricing power. This supports reinvestment, funds R&D and scale, and underpins long-term profitability across healthcare and industrial verticals.

Very low leverage and high ROE

Minimal leverage reduces financial risk and interest burden, increasing resilience across cycles. Very high ROE reflects efficient capital use and strong returns on shareholder equity, enabling internally funded growth and strategic flexibility over the medium term.

Diversified revenue model

A mix of hardware sales, subscription software, and partnerships creates recurring revenue, smoother cash flows and broader market access. This multi-channel model supports sustainable customer relationships and upsell opportunities, strengthening long-term revenue visibility.

Negative Factors

FCF growth trails revenue growth

While cash generation is positive, FCF growth materially lags revenue expansion, suggesting aggressive reinvestment, working capital demands, or scaling inefficiencies. Persistently lower FCF growth can constrain self-funded expansion and raise financing needs over time.

Incomplete balance sheet disclosure

Missing equity ratio creates a data gap in assessing how assets are financed and true capitalization. Over the medium term, limited transparency on asset financing hampers evaluation of solvency risks and the firm's ability to withstand capital intensity shocks.

Small employee base may limit scaling

A headcount of 88 constrains internal capacity for R&D, manufacturing scale, and global customer support as demand grows. Reliance on a small team increases operational risk and dependence on partners or outsourcing to execute large enterprise deployments sustainably.

Next Vision Business Overview & Revenue Model

Company Description

NextVison Stabilized Systems, Ltd. develops, manufactures, and markets stabilized day and night cameras for ground and aerial vehicles. The company was incorporated in 2009 and is based in Kfar Saba, Israel.

How the Company Makes Money

Next Vision generates revenue through a diversified model encompassing direct product sales, subscription services, and strategic partnerships. The primary revenue stream comes from the sale of imaging systems and AR devices to healthcare providers and industrial clients, enabling them to leverage advanced technology for improved operational outcomes. Additionally, NXSN offers subscription-based access to its proprietary software platforms, providing ongoing support and updates to clients. The company has also established significant partnerships with key industry players, which contribute to joint ventures and collaborative projects, further enhancing its market reach and financial stability.

Next Vision Financial Statement Overview

Summary

Exceptional income statement strength (97.71% TTM revenue growth and very high margins), supported by a solid balance sheet with minimal leverage (debt-to-equity 0.02) and strong ROE (59.25%). Cash flow is healthy with strong cash conversion, though FCF growth (11.54%) trails revenue growth.

Income Statement

Next Vision's income statement is exceptionally strong, with a remarkable revenue growth rate of 97.71% TTM, indicating robust expansion. The company maintains high profitability with a gross profit margin of 72.68% and a net profit margin of 60.02% TTM, showcasing efficient cost management and strong pricing power. EBIT and EBITDA margins are also impressive at 68.01% and 69.31% TTM, respectively, reflecting operational efficiency.

Balance Sheet

The balance sheet of Next Vision is solid, with a low debt-to-equity ratio of 0.02 TTM, indicating minimal leverage and financial risk. The return on equity is exceptionally high at 59.25% TTM, demonstrating effective use of shareholders' equity to generate profits. However, the equity ratio is not provided, which limits a full assessment of asset financing.

Cash Flow

Next Vision's cash flow statement shows positive trends, with a free cash flow growth rate of 11.54% TTM, indicating healthy cash generation. The operating cash flow to net income ratio of 2.12 TTM suggests strong cash conversion, and the free cash flow to net income ratio of 0.94 TTM indicates efficient cash utilization. However, the growth rate, while positive, is not as high as the revenue growth, suggesting potential reinvestment or operational cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	151.04M	114.93M	51.94M	26.05M	15.03M	7.86M
Gross Profit	108.19M	82.89M	35.62M	17.26M	9.41M	3.96M
EBITDA	178.59M	78.09M	28.82M	13.44M	6.85M	2.84M
Net Income	89.91M	66.40M	27.57M	11.15M	5.74M	2.15M
Balance Sheet
Total Assets	610.00M	159.16M	96.49M	64.27M	51.37M	6.92M
Cash, Cash Equivalents and Short-Term Investments	529.63M	122.61M	68.63M	53.90M	42.84M	2.58M
Total Debt	3.43M	496.00K	671.00K	257.00K	403.00K	352.00K
Total Liabilities	28.00M	21.46M	16.56M	7.59M	3.56M	1.74M
Stockholders Equity	582.00M	137.69M	79.93M	56.68M	47.81M	5.18M
Cash Flow
Free Cash Flow	54.04M	66.01M	20.35M	14.32M	3.67M	549.00K
Operating Cash Flow	56.92M	68.41M	21.80M	15.60M	4.47M	905.00K
Investing Cash Flow	-1.59B	-50.10M	7.27M	1.94M	-12.85M	-356.00K
Financing Cash Flow	1.37B	-11.74M	-5.79M	-2.98M	36.69M	-559.00K

Next Vision Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14700.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IL:NXSN, the sentiment is Positive. The current price of 14700 is below the 20-day moving average (MA) of 33058.00, below the 50-day MA of 28534.60, and below the 200-day MA of 17357.65, indicating a bullish trend. The MACD of 2744.44 indicates Negative momentum. The RSI at 61.12 is Neutral, neither overbought nor oversold. The STOCH value of 57.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IL:NXSN.

Next Vision Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NXSN	78 Outperform	₪34.77B	33.19	―	0.77%	39.62%	40.53%
HLAN	76 Outperform	₪5.07B	19.24	22.56%	1.88%	7.39%	10.64%
ONE	76 Outperform	₪5.05B	20.43	―	2.55%	14.11%	25.79%
FORTY	73 Outperform	₪6.15B	47.62	―	2.68%	1.94%	-8.81%
MTRX	66 Neutral	₪9.64B	23.68	―	2.41%	8.82%	14.25%
MLTM	62 Neutral	₪2.36B	19.95	―	―	11.90%	13.57%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%