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NYXOAH SA (NYXH.BR) Stock Fundamental Analysis

Europe - Euronext Brussels - EBR:NYXH - BE0974358906 - Common Stock

4.1 EUR
0 (0%)
Last: 1/21/2026, 7:00:00 PM
Fundamental Rating

2

Overall NYXH gets a fundamental rating of 2 out of 10. We evaluated NYXH against 67 industry peers in the Health Care Equipment & Supplies industry. NYXH has a bad profitability rating. Also its financial health evaluation is rather negative. NYXH is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year NYXH has reported negative net income.
  • NYXH had a negative operating cash flow in the past year.
  • In the past 5 years NYXH always reported negative net income.
  • In the past 5 years NYXH always reported negative operating cash flow.
NYXH.BR Yearly Net Income VS EBIT VS OCF VS FCFNYXH.BR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 -10M -20M -30M -40M -50M

1.2 Ratios

  • NYXH has a Return On Assets of -89.29%. This is amonst the worse of the industry: NYXH underperforms 91.04% of its industry peers.
  • NYXH has a Return On Equity of -164.01%. This is amonst the worse of the industry: NYXH underperforms 85.07% of its industry peers.
Industry RankSector Rank
ROA -89.29%
ROE -164.01%
ROIC N/A
ROA(3y)-31.19%
ROA(5y)-24.1%
ROE(3y)-40.78%
ROE(5y)-30.7%
ROIC(3y)N/A
ROIC(5y)N/A
NYXH.BR Yearly ROA, ROE, ROICNYXH.BR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150 -200

1.3 Margins

  • Looking at the Gross Margin, with a value of 64.36%, NYXH is in the better half of the industry, outperforming 65.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of NYXH has remained more or less at the same level.
  • NYXH does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 64.36%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.63%
GM growth 5YN/A
NYXH.BR Yearly Profit, Operating, Gross MarginsNYXH.BR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 -5K -10K -15K

2

2. Health

2.1 Basic Checks

  • NYXH does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • NYXH has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for NYXH has been increased compared to 5 years ago.
  • NYXH has a worse debt/assets ratio than last year.
NYXH.BR Yearly Shares OutstandingNYXH.BR Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NYXH.BR Yearly Total Debt VS Total AssetsNYXH.BR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

2.2 Solvency

  • Based on the Altman-Z score of -4.21, we must say that NYXH is in the distress zone and has some risk of bankruptcy.
  • NYXH has a worse Altman-Z score (-4.21) than 83.58% of its industry peers.
  • NYXH has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
  • NYXH has a Debt to Equity ratio (0.40) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF N/A
Altman-Z -4.21
ROIC/WACCN/A
WACC7.43%
NYXH.BR Yearly LT Debt VS Equity VS FCFNYXH.BR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M

2.3 Liquidity

  • A Current Ratio of 1.70 indicates that NYXH should not have too much problems paying its short term obligations.
  • NYXH's Current ratio of 1.70 is in line compared to the rest of the industry. NYXH outperforms 53.73% of its industry peers.
  • A Quick Ratio of 1.41 indicates that NYXH should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.41, NYXH is in the better half of the industry, outperforming 73.13% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.7
Quick Ratio 1.41
NYXH.BR Yearly Current Assets VS Current LiabilitesNYXH.BR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M

6

3. Growth

3.1 Past

  • The earnings per share for NYXH have decreased strongly by -30.42% in the last year.
  • Looking at the last year, NYXH shows a quite strong growth in Revenue. The Revenue has grown by 10.96% in the last year.
  • Measured over the past years, NYXH shows a very strong growth in Revenue. The Revenue has been growing by 74.42% on average per year.
EPS 1Y (TTM)-30.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-27.02%
Revenue 1Y (TTM)10.96%
Revenue growth 3Y74.42%
Revenue growth 5YN/A
Sales Q2Q%55.77%

3.2 Future

  • NYXH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.64% yearly.
  • The Revenue is expected to grow by 117.81% on average over the next years. This is a very strong growth
EPS Next Y-22.33%
EPS Next 2Y-8.48%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue Next Year48.25%
Revenue Next 2Y136.46%
Revenue Next 3Y138.58%
Revenue Next 5Y117.81%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NYXH.BR Yearly Revenue VS EstimatesNYXH.BR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 100M 200M 300M 400M 500M
NYXH.BR Yearly EPS VS EstimatesNYXH.BR Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 -0.5 -1 -1.5 -2

0

4. Valuation

4.1 Price/Earnings Ratio

  • NYXH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • Also next year NYXH is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NYXH.BR Price Earnings VS Forward Price EarningsNYXH.BR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NYXH.BR Per share dataNYXH.BR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 -2

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.48%
EPS Next 3Y2.64%

0

5. Dividend

5.1 Amount

  • No dividends for NYXH!.
Industry RankSector Rank
Dividend Yield 0%

NYXOAH SA

EBR:NYXH (1/21/2026, 7:00:00 PM)

4.1

0 (0%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)01-12
Earnings (Next)05-12
Inst Owners17.27%
Inst Owner ChangeN/A
Ins Owners19.98%
Ins Owner ChangeN/A
Market Cap176.42M
Revenue(TTM)5.64M
Net Income(TTM)-83.57M
Analysts81.43
Price Target9.56 (133.17%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.07%
Min EPS beat(2)-5.02%
Max EPS beat(2)5.16%
EPS beat(4)2
Avg EPS beat(4)-4.98%
Min EPS beat(4)-22.16%
Max EPS beat(4)5.16%
EPS beat(8)5
Avg EPS beat(8)-2.41%
EPS beat(12)6
Avg EPS beat(12)-9.44%
EPS beat(16)9
Avg EPS beat(16)-3.71%
Revenue beat(2)0
Avg Revenue beat(2)-1.35%
Min Revenue beat(2)-1.4%
Max Revenue beat(2)-1.3%
Revenue beat(4)0
Avg Revenue beat(4)-19.45%
Min Revenue beat(4)-38.43%
Max Revenue beat(4)-1.3%
Revenue beat(8)1
Avg Revenue beat(8)-18.47%
Revenue beat(12)1
Avg Revenue beat(12)-25.3%
Revenue beat(16)1
Avg Revenue beat(16)-32.33%
PT rev (1m)-5.06%
PT rev (3m)-26.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.46%
EPS NY rev (1m)0.04%
EPS NY rev (3m)-3.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-11.2%
Revenue NY rev (1m)-2.22%
Revenue NY rev (3m)-5.58%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 31.29
P/FCF N/A
P/OCF N/A
P/B 3.46
P/tB 208.54
EV/EBITDA N/A
EPS(TTM)-2.24
EYN/A
EPS(NY)-2.12
Fwd EYN/A
FCF(TTM)-1.6
FCFYN/A
OCF(TTM)-1.57
OCFYN/A
SpS0.13
BVpS1.18
TBVpS0.02
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -89.29%
ROE -164.01%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 64.36%
FCFM N/A
ROA(3y)-31.19%
ROA(5y)-24.1%
ROE(3y)-40.78%
ROE(5y)-30.7%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.63%
GM growth 5YN/A
F-Score3
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 32.99%
Cap/Sales 21.88%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.7
Quick Ratio 1.41
Altman-Z -4.21
F-Score3
WACC7.43%
ROIC/WACCN/A
Cap/Depr(3y)64.88%
Cap/Depr(5y)74.74%
Cap/Sales(3y)37.33%
Cap/Sales(5y)219.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-30.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-27.02%
EPS Next Y-22.33%
EPS Next 2Y-8.48%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue 1Y (TTM)10.96%
Revenue growth 3Y74.42%
Revenue growth 5YN/A
Sales Q2Q%55.77%
Revenue Next Year48.25%
Revenue Next 2Y136.46%
Revenue Next 3Y138.58%
Revenue Next 5Y117.81%
EBIT growth 1Y-59.34%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-47.24%
EBIT Next 3Y-14.81%
EBIT Next 5Y11.04%
FCF growth 1Y-49.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-55.83%
OCF growth 3YN/A
OCF growth 5YN/A

NYXOAH SA / NYXH.BR FAQ

What is the fundamental rating for NYXH stock?

ChartMill assigns a fundamental rating of 2 / 10 to NYXH.BR.


Can you provide the valuation status for NYXOAH SA?

ChartMill assigns a valuation rating of 0 / 10 to NYXOAH SA (NYXH.BR). This can be considered as Overvalued.


Can you provide the profitability details for NYXOAH SA?

NYXOAH SA (NYXH.BR) has a profitability rating of 1 / 10.


What is the financial health of NYXOAH SA (NYXH.BR) stock?

The financial health rating of NYXOAH SA (NYXH.BR) is 2 / 10.


Can you provide the expected EPS growth for NYXH stock?

The Earnings per Share (EPS) of NYXOAH SA (NYXH.BR) is expected to decline by -22.33% in the next year.