NX Filtration N.V. (NXFIL) AI Stock Analysis

• Market Cap: €211.32M
• Dividend Yield: N/A
• Average Volume (3M): 36.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: 39.33%
• EPS Growth: 14.48%
• Country: NL
• Employees: 70
• Sector: Utilities
• Sector Strength: 74
• Industry: Regulated Water
• EPS (TTM): -0.40
• Shares Outstanding: 58,054,070
• 10 Day Avg. Volume: 32,668
• 30 Day Avg. Volume: 36,289
• PEG Ratio: 1.84
• Price to Book (P/B): 3.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -19.39
• 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: €3.80
• Price Target Upside: 5.56% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: €3.50 ▼(-2.78%Downside)

NX Filtration N.V. faces significant challenges with profitability and cash flow despite strong revenue growth and a solid balance sheet. Technical indicators and valuation metrics reflect bearish sentiment and unattractive valuation. The company needs to address these financial and operational issues to improve its stock attractiveness.

NX Filtration N.V. Business Overview & Revenue Model

Company Description

NX Filtration N.V. develops, manufactures, and sells hollow fiber membrane solutions for treating water and other liquids in the Netherlands, rest of Europe, North America, Asia, and internationally. The company offers direct nanofiltration, ultrafiltration, and microfiltration membrane modules that remove bacteria, viruses, micropollutants, color, nano plastics, and selective salts from water without pre-treatment and use of chemicals. It also provides HYDRAcap ultrafiltration modules to treat surface water, ground water, seawater, and wastewaters as primary treatment or pretreatment to reverse osmosis and nanofiltration. The company was incorporated in 2016 and is headquartered in Enschede, the Netherlands.

How the Company Makes Money

NX Filtration makes money primarily through the sale of its innovative membrane products and filtration systems. The company's revenue model is centered around the manufacturing and distribution of its advanced filtration membranes to a diverse range of clients, including municipalities, industrial companies, and water treatment facilities. Key revenue streams include the direct sale of its nanofiltration membranes, as well as offering tailored filtration solutions and services. Additionally, partnerships with engineering firms and utility companies help expand its market reach and contribute to its earnings by facilitating large-scale implementations of its technology.

NX Filtration N.V. Financial Statement Overview

Summary

NX Filtration N.V. presents a mixed financial picture. While revenue growth is promising, profitability remains a concern due to persistent negative margins. The balance sheet is robust with low leverage, but the company is not effectively converting equity into profit. Cash flow issues persist, necessitating a reliance on external financing. Overall, the company needs to address its profitability and cash flow challenges to achieve financial sustainability.

Income Statement

NX Filtration N.V. has shown a notable revenue growth of 39.38% from 2023 to 2024. However, the company is facing challenges with profitability, as evidenced by a negative EBIT and EBITDA margin, alongside a net profit margin of -228.99% in 2024. The gross profit margin remains high at 78.17%, indicating efficient production, but overall profitability is severely impacted by high operating expenses.

Balance Sheet

The company's balance sheet reflects strong equity levels with an equity ratio of 77.85%, indicating low leverage. The debt-to-equity ratio is 0.21, which suggests conservative use of debt. However, the negative return on equity (-18.97%) highlights the company's struggle to generate profits from shareholders' equity. The overall financial stability is supported by a significant amount of cash reserves.

Cash Flow

NX Filtration N.V. is experiencing negative free cash flow, although there has been an improvement from the previous year. The free cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash to cover its net losses. The operating cash flow to net income ratio is also negative, reflecting ongoing cash flow challenges. The company relies heavily on financing activities to support its operations.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	10.09M	7.24M	7.55M	3.17M	671.00K
Gross Profit	7.88M	7.98M	5.45M	1.96M	739.00K
EBITDA	-14.56M	-10.60M	-8.98M	-13.61M	-2.16M
Net Income	-23.09M	-23.29M	-8.64M	-11.35M	-2.09M
Balance Sheet
Total Assets	156.31M	136.04M	149.33M	157.49M	15.93M
Cash, Cash Equivalents and Short-Term Investments	53.38M	49.93M	104.27M	133.43M	6.60M
Total Debt	25.51M	1.51M	1.81M	1.39M	1.19M
Total Liabilities	34.61M	16.59M	6.80M	6.35M	2.59M
Stockholders Equity	121.69M	119.45M	142.54M	151.14M	13.34M
Cash Flow
Free Cash Flow	-47.08M	-55.68M	-28.37M	-21.83M	-4.07M
Operating Cash Flow	-21.15M	-11.74M	-15.70M	-13.21M	-2.62M
Investing Cash Flow	-25.93M	-43.94M	-12.67M	-8.62M	-1.45M
Financing Cash Flow	50.53M	1.34M	-787.00K	148.66M	10.60M

NX Filtration N.V. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.60
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:NXFIL, the sentiment is Negative. The current price of 3.6 is below the 20-day moving average (MA) of 3.75, below the 50-day MA of 3.93, and below the 200-day MA of 3.75, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 35.16 is Neutral, neither overbought nor oversold. The STOCH value of 36.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NL:NXFIL.

NX Filtration N.V. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VPK	71 Outperform	€4.64B	13.28	11.89%	3.36%	-7.72%	-14.33%
VPK	71 Outperform	€4.64B	13.28	11.89%	3.36%	-7.72%	-14.33%
Sector *	67 Neutral	$16.50B	17.05	4.45%	3.57%	4.76%	6.13%
NXFIL	45 Neutral	€211.32M	―	-19.15%	―	39.33%	14.48%