Logo image of NXGN

NEXTGEN HEALTHCARE INC (NXGN) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:NXGN - US65343C1027 - Common Stock

23.94 USD
+0.03 (+0.13%)
Last: 11/8/2023, 8:00:02 PM
23.93 USD
-0.01 (-0.04%)
After Hours: 11/8/2023, 8:00:02 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to NXGN. NXGN was compared to 35 industry peers in the Health Care Technology industry. NXGN has only an average score on both its financial health and profitability. NXGN has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

4

1. Profitability

1.1 Basic Checks

NXGN had positive earnings in the past year.
NXGN had a negative operating cash flow in the past year.
NXGN had positive earnings in 4 of the past 5 years.
Each year in the past 5 years NXGN had a positive operating cash flow.
NXGN Yearly Net Income VS EBIT VS OCF VS FCFNXGN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20M 40M 60M 80M 100M

1.2 Ratios

NXGN has a Return On Assets of -0.72%. This is in the better half of the industry: NXGN outperforms 78.57% of its industry peers.
NXGN has a Return On Equity of -1.47%. This is in the better half of the industry: NXGN outperforms 78.57% of its industry peers.
NXGN has a better Return On Invested Capital (0.82%) than 78.57% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXGN is below the industry average of 6.61%.
Industry RankSector Rank
ROA -0.72%
ROE -1.47%
ROIC 0.82%
ROA(3y)0.48%
ROA(5y)1.41%
ROE(3y)0.64%
ROE(5y)2.06%
ROIC(3y)1.91%
ROIC(5y)2.95%
NXGN Yearly ROA, ROE, ROICNXGN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 2 4 6 8

1.3 Margins

Looking at the Operating Margin, with a value of 1.06%, NXGN is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
In the last couple of years the Operating Margin of NXGN has declined.
With a Gross Margin value of 46.40%, NXGN perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
In the last couple of years the Gross Margin of NXGN has declined.
Industry RankSector Rank
OM 1.06%
PM (TTM) N/A
GM 46.4%
OM growth 3Y-58.31%
OM growth 5Y-27.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.93%
GM growth 5Y-2.66%
NXGN Yearly Profit, Operating, Gross MarginsNXGN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 20 30 40 50

More info and screens

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NXGN is destroying value.
Compared to 1 year ago, NXGN has less shares outstanding
Compared to 5 years ago, NXGN has more shares outstanding
The debt/assets ratio for NXGN is higher compared to a year ago.
NXGN Yearly Shares OutstandingNXGN Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M
NXGN Yearly Total Debt VS Total AssetsNXGN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M

2.2 Solvency

An Altman-Z score of 3.59 indicates that NXGN is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.59, NXGN is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
NXGN has a Debt/Equity ratio of 0.63. This is a neutral value indicating NXGN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.63, NXGN is doing worse than 66.67% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Altman-Z 3.59
ROIC/WACC0.08
WACC10.14%
NXGN Yearly LT Debt VS Equity VS FCFNXGN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

2.3 Liquidity

A Current Ratio of 2.52 indicates that NXGN has no problem at all paying its short term obligations.
The Current ratio of NXGN (2.52) is comparable to the rest of the industry.
A Quick Ratio of 2.52 indicates that NXGN has no problem at all paying its short term obligations.
NXGN has a Quick ratio (2.52) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.52
Quick Ratio 2.52
NXGN Yearly Current Assets VS Current LiabilitesNXGN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

More info and screens

6

3. Growth

3.1 Past

NXGN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 33.33%, which is quite impressive.
The Earnings Per Share has been growing slightly by 6.96% on average over the past years.
NXGN shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.25%.
The Revenue has been growing slightly by 4.23% on average over the past years.
EPS 1Y (TTM)33.33%
EPS 3Y5.69%
EPS 5Y6.96%
EPS Q2Q%24%
Revenue 1Y (TTM)13.25%
Revenue growth 3Y6.53%
Revenue growth 5Y4.23%
Sales Q2Q%10.65%

3.2 Future

NXGN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.15% yearly.
NXGN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.76% yearly.
EPS Next Y14.49%
EPS Next 2Y17.83%
EPS Next 3Y17.28%
EPS Next 5Y17.15%
Revenue Next Year11.2%
Revenue Next 2Y9.22%
Revenue Next 3Y8.41%
Revenue Next 5Y7.76%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
NXGN Yearly Revenue VS EstimatesNXGN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
NXGN Yearly EPS VS EstimatesNXGN Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2 2.5

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

NXGN is valuated rather expensively with a Price/Earnings ratio of 21.38.
Compared to the rest of the industry, the Price/Earnings ratio of NXGN indicates a rather cheap valuation: NXGN is cheaper than 92.86% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.59. NXGN is around the same levels.
The Price/Forward Earnings ratio is 17.59, which indicates a rather expensive current valuation of NXGN.
Based on the Price/Forward Earnings ratio, NXGN is valued cheaper than 92.86% of the companies in the same industry.
NXGN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.38
Fwd PE 17.59
NXGN Price Earnings VS Forward Price EarningsNXGN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NXGN indicates a somewhat cheap valuation: NXGN is cheaper than 71.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 34.12
NXGN Per share dataNXGN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

NXGN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NXGN's earnings are expected to grow with 17.28% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)3.07
EPS Next 2Y17.83%
EPS Next 3Y17.28%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for NXGN!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NEXTGEN HEALTHCARE INC

NASDAQ:NXGN (11/8/2023, 8:00:02 PM)

After market: 23.93 -0.01 (-0.04%)

23.94

+0.03 (+0.13%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Technology
Earnings (Last)10-24 2023-10-24/amc
Earnings (Next)01-22 2024-01-22/amc
Inst Owners0%
Inst Owner Change0%
Ins Owners31.12%
Ins Owner Change0%
Market Cap1.61B
Revenue(TTM)695.05M
Net Income(TTM)-6.21M
Analysts50.77
Price Target24.41 (1.96%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.71
Dividend Growth(5Y)3.39%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.08%
Min EPS beat(2)6.95%
Max EPS beat(2)23.21%
EPS beat(4)3
Avg EPS beat(4)7.54%
Min EPS beat(4)-6.17%
Max EPS beat(4)23.21%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-0.77%
Min Revenue beat(2)-2.26%
Max Revenue beat(2)0.72%
Revenue beat(4)2
Avg Revenue beat(4)-0.33%
Min Revenue beat(4)-2.26%
Max Revenue beat(4)2.24%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.11%
PT rev (3m)16.34%
EPS NQ rev (1m)-2.38%
EPS NQ rev (3m)-0.97%
EPS NY rev (1m)0%
EPS NY rev (3m)0.55%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.06%
Valuation
Industry RankSector Rank
PE 21.38
Fwd PE 17.59
P/S 2.31
P/FCF N/A
P/OCF N/A
P/B 3.8
P/tB 94.94
EV/EBITDA 34.12
EPS(TTM)1.12
EY4.68%
EPS(NY)1.36
Fwd EY5.68%
FCF(TTM)-0.65
FCFYN/A
OCF(TTM)-0.11
OCFYN/A
SpS10.36
BVpS6.31
TBVpS0.25
PEG (NY)1.48
PEG (5Y)3.07
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -0.72%
ROE -1.47%
ROCE 1.04%
ROIC 0.82%
ROICexc 1.14%
ROICexgc 5.45%
OM 1.06%
PM (TTM) N/A
GM 46.4%
FCFM N/A
ROA(3y)0.48%
ROA(5y)1.41%
ROE(3y)0.64%
ROE(5y)2.06%
ROIC(3y)1.91%
ROIC(5y)2.95%
ROICexc(3y)2.27%
ROICexc(5y)3.46%
ROICexgc(3y)18.71%
ROICexgc(5y)23.54%
ROCE(3y)2.41%
ROCE(5y)3.74%
ROICexgc growth 3Y-50.16%
ROICexgc growth 5Y-31.62%
ROICexc growth 3Y-56.26%
ROICexc growth 5Y-28.38%
OM growth 3Y-58.31%
OM growth 5Y-27.53%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.93%
GM growth 5Y-2.66%
F-Score2
Asset Turnover0.81
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF N/A
Debt/EBITDA 5.98
Cap/Depr 95.52%
Cap/Sales 5.14%
Interest Coverage 1.1
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.52
Quick Ratio 2.52
Altman-Z 3.59
F-Score2
WACC10.14%
ROIC/WACC0.08
Cap/Depr(3y)75.15%
Cap/Depr(5y)68.18%
Cap/Sales(3y)5.17%
Cap/Sales(5y)5.06%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.33%
EPS 3Y5.69%
EPS 5Y6.96%
EPS Q2Q%24%
EPS Next Y14.49%
EPS Next 2Y17.83%
EPS Next 3Y17.28%
EPS Next 5Y17.15%
Revenue 1Y (TTM)13.25%
Revenue growth 3Y6.53%
Revenue growth 5Y4.23%
Sales Q2Q%10.65%
Revenue Next Year11.2%
Revenue Next 2Y9.22%
Revenue Next 3Y8.41%
Revenue Next 5Y7.76%
EBIT growth 1Y-70.75%
EBIT growth 3Y-55.58%
EBIT growth 5Y-24.47%
EBIT Next Year47.96%
EBIT Next 3Y27.47%
EBIT Next 5Y21.11%
FCF growth 1Y-203.01%
FCF growth 3Y-52.24%
FCF growth 5Y-32.4%
OCF growth 1Y-110.78%
OCF growth 3Y-20.1%
OCF growth 5Y-10.01%

NEXTGEN HEALTHCARE INC / NXGN FAQ

What is the fundamental rating for NXGN stock?

ChartMill assigns a fundamental rating of 4 / 10 to NXGN.


What is the valuation status of NEXTGEN HEALTHCARE INC (NXGN) stock?

ChartMill assigns a valuation rating of 3 / 10 to NEXTGEN HEALTHCARE INC (NXGN). This can be considered as Overvalued.


How profitable is NEXTGEN HEALTHCARE INC (NXGN) stock?

NEXTGEN HEALTHCARE INC (NXGN) has a profitability rating of 4 / 10.


What is the earnings growth outlook for NEXTGEN HEALTHCARE INC?

The Earnings per Share (EPS) of NEXTGEN HEALTHCARE INC (NXGN) is expected to grow by 14.49% in the next year.


Can you provide the dividend sustainability for NXGN stock?

The dividend rating of NEXTGEN HEALTHCARE INC (NXGN) is 0 / 10 and the dividend payout ratio is 0%.