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NYXOAH SA (NYXH) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:NYXH - BE0974358906 - Common Stock

4.6 USD
-0.05 (-1.08%)
Last: 12/31/2025, 4:30:02 PM
4.7 USD
+0.1 (+2.17%)
After Hours: 12/17/2025, 8:00:02 PM
Fundamental Rating

2

NYXH gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 186 industry peers in the Health Care Equipment & Supplies industry. NYXH may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, NYXH is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

NYXH had negative earnings in the past year.
NYXH had a negative operating cash flow in the past year.
In the past 5 years NYXH always reported negative net income.
NYXH had a negative operating cash flow in each of the past 5 years.
NYXH Yearly Net Income VS EBIT VS OCF VS FCFNYXH 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 worse Return On Assets (-89.36%) than 77.96% of its industry peers.
The Return On Equity of NYXH (-164.71%) is worse than 69.89% of its industry peers.
Industry RankSector Rank
ROA -89.36%
ROE -164.71%
ROIC N/A
ROA(3y)-31.13%
ROA(5y)-24.06%
ROE(3y)-40.68%
ROE(5y)-30.64%
ROIC(3y)N/A
ROIC(5y)N/A
NYXH Yearly ROA, ROE, ROICNYXH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150 -200

1.3 Margins

NYXH's Gross Margin of 64.33% is fine compared to the rest of the industry. NYXH outperforms 66.13% of its industry peers.
In the last couple of years the Gross Margin of NYXH has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for NYXH so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 64.33%
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 Yearly Profit, Operating, Gross MarginsNYXH 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.
Compared to 5 years ago, NYXH has more shares outstanding
NYXH has a worse debt/assets ratio than last year.
NYXH Yearly Shares OutstandingNYXH Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
NYXH Yearly Total Debt VS Total AssetsNYXH 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 -4.30, we must say that NYXH is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NYXH (-4.30) is worse than 68.82% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that NYXH is not too dependend on debt financing.
The Debt to Equity ratio of NYXH (0.39) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.39
Debt/FCF N/A
Altman-Z -4.3
ROIC/WACCN/A
WACC7.37%
NYXH Yearly LT Debt VS Equity VS FCFNYXH 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 1.67 indicates that NYXH should not have too much problems paying its short term obligations.
The Current ratio of NYXH (1.67) is worse than 69.89% of its industry peers.
NYXH has a Quick Ratio of 1.38. This is a normal value and indicates that NYXH is financially healthy and should not expect problems in meeting its short term obligations.
NYXH has a worse Quick ratio (1.38) than 61.29% of its industry peers.
Industry RankSector Rank
Current Ratio 1.67
Quick Ratio 1.38
NYXH Yearly Current Assets VS Current LiabilitesNYXH 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.
The Revenue has grown by 10.92% in the past year. This is quite good.
The Revenue has been growing by 74.42% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-30.42%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-27.02%
Revenue 1Y (TTM)10.92%
Revenue growth 3Y74.42%
Revenue growth 5YN/A
Sales Q2Q%55.77%

3.2 Future

Based on estimates for the next years, NYXH will show a small growth in Earnings Per Share. The EPS will grow by 2.64% on average per year.
NYXH is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 117.81% yearly.
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 Yearly Revenue VS EstimatesNYXH 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 Yearly EPS VS EstimatesNYXH 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 Price Earnings VS Forward Price EarningsNYXH 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 Per share dataNYXH 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

NASDAQ:NYXH (12/31/2025, 4:30:02 PM)

After market: 4.7 +0.1 (+2.17%)

4.6

-0.05 (-1.08%)

Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)03-11 2026-03-11/amc
Inst Owners17.62%
Inst Owner Change-23.67%
Ins Owners19.2%
Ins Owner ChangeN/A
Market Cap197.94M
Revenue(TTM)5.64M
Net Income(TTM)-84.00M
Analysts81.43
Price Target11.22 (143.91%)
Short Float %0.96%
Short Ratio6.6
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)-23.35%
PT rev (3m)-25.98%
EPS NQ rev (1m)2.52%
EPS NQ rev (3m)-2.46%
EPS NY rev (1m)2.01%
EPS NY rev (3m)-3.58%
Revenue NQ rev (1m)-6.97%
Revenue NQ rev (3m)-11.2%
Revenue NY rev (1m)-5.58%
Revenue NY rev (3m)-19.68%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 29.87
P/FCF N/A
P/OCF N/A
P/B 3.3
P/tB 168.36
EV/EBITDA N/A
EPS(TTM)-2.64
EYN/A
EPS(NY)-2.49
Fwd EYN/A
FCF(TTM)-1.89
FCFYN/A
OCF(TTM)-1.86
OCFYN/A
SpS0.15
BVpS1.39
TBVpS0.03
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -89.36%
ROE -164.71%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 64.33%
FCFM N/A
ROA(3y)-31.13%
ROA(5y)-24.06%
ROE(3y)-40.68%
ROE(5y)-30.64%
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 0.39
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 47.99%
Cap/Sales 21.82%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.67
Quick Ratio 1.38
Altman-Z -4.3
F-Score3
WACC7.37%
ROIC/WACCN/A
Cap/Depr(3y)64.93%
Cap/Depr(5y)74.76%
Cap/Sales(3y)37.37%
Cap/Sales(5y)219.8%
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)10.92%
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-59.61%
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-50.06%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-56.44%
OCF growth 3YN/A
OCF growth 5YN/A

NYXOAH SA / NYXH FAQ

What is the fundamental rating for NYXH stock?

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


Can you provide the valuation status for NYXOAH SA?

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


Can you provide the profitability details for NYXOAH SA?

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


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

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


Can you provide the expected EPS growth for NYXH stock?

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