NEXTDC Limited

A$10.40As of Sun 8 Nov 2026, 12:00 UTC

ASX:NXTTechnology

Country Australia

PE (Fwd) •••

TSR 10Y CAGR 11.33%

Div yield —

ROE 1.60%

Information Technology Services

Beta (5Y) 1.36

PE TTM 85.25

TSR TTM (32.96%)

Mkt cap A$7.899B

ROIC (0.42%)

SE Grade™

Value

Quality

Moat

Consensus

Reference

$11

7.67%

(84.12%)

Hold 6|11|6|5|1

TTM

FYE 30 Jun AUD

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

0.257

Revenue$B

1.819

1.863

1.937

1.944

2.010

2.091

2.152

2.192

2.205

2.281

0.280

2.56%

2.48%

17.85

Revenue growth%

25.65

28.37

26.51

29.01

30.26

28.56

26.81

25.79

28.01

27.36

11.78

27.36

27.68

3.02

Gross margin%

30.71

30.83

31.98

32.04

34.59

35.31

33.32

34.31

31.44

29.53

21.37

33.32

32.01

24.23

Operating margin%

9.15

6.95

8.22

7.86

9.00

9.89

10.91

11.69

13.52

12.78

15.49

11.69

9.52

8.47

Net margin%

20.06

18.55

20.47

23.01

21.59

24.51

27.07

28.37

27.40

26.01

19.37

27.07

23.76

28.38

P/E ratio (avg)x

36.71

40.25

44.14

46.83

44.64

48.66

48.84

47.93

43.55

37.34

47.93

45.73

15.92

EV/EBITx

19.12

17.42

18.45

18.61

17.12

14.94

13.27

13.09

12.35

12.92

25.85

13.09

16.03

6.03

FCF yield (avg)%

14.75

13.44

14.30

17.12

19.90

19.60

22.20

23.94

22.17

23.32

6.88

22.20

19.75

16.13

FCF margin%

22.26

23.49

23.75

22.40

23.09

24.89

25.15

24.62

23.49

22.39

27.46

24.62

23.49

0.361

FCF / Net incomex

0.841

0.928

0.940

0.993

0.898

0.916

0.942

0.894

0.831

0.800

0.184

0.894

0.907

29.58

ROIC%

23.48

21.97

23.61

21.71

21.11

20.63

21.23

19.72

18.71

21.00

21.65

20.63

21.17

11.81

Return on equity%

26.86

28.06

26.62

27.71

27.08

24.59

23.55

26.14

27.41

28.19

25.87

26.14

26.97

16.18

Return on assets%

8.27

8.84

9.65

8.57

10.14

7.17

5.46

7.70

10.22

12.87

26.13

7.70

8.70

0.56

EPS$

0.19

0.17

0.16

0.17

0.18

0.20

0.22

0.21

0.22

0.24

0.58

5.12%

1.56%

—

3.09

EPS growth%

25.01

24.04

26.38

27.81

27.46

28.71

28.10

30.36

31.09

31.52

8.04

30.36

27.96

1.26

Bookvalue per sh$

0.86

0.92

1.05

1.16

1.08

1.07

1.21

1.23

1.25

1.16

1.08

1.42%

3.28%

—

1.54

FCF per share$

1.35

1.43

1.59

1.56

1.64

1.67

1.59

1.78

1.58

1.59

1.14

(0.64%)

2.75%

—

1.08

Dividend per sh$

2.46

2.84

2.85

2.74

3.15

3.14

3.52

3.56

3.44

3.54

1.20

2.39%

4.31%

—

2.65

Div yield (avg)%

18.03

20.76

21.06

23.18

22.74

20.67

19.76

19.04

19.50

20.55

25.09

19.76

20.61

3.08

Payout ratio%

0.40

1.84

3.55

0.73

0.40

7.65

0.40

747.2

Shares (diluted)M

582.8

560.7

479.4

521.5

477.2

432.9

400.1

340.8

299.2

320.4

775.0

(7.66%)

(5.58%)

5.12

Buyback yield%

20.84

18.71

17.52

15.10

14.23

16.51

19.20

21.41

22.05

24.37

6.03

21.41

18.95

1.128

D/E ratiox

1.263

1.445

1.727

2.033

2.083

2.168

2.237

2.504

2.918

3.008

1.112

2.504

2.126

2.433

Enterprise value$B

1.341

1.252

1.430

1.606

1.714

1.756

1.736

1.662

1.698

1.674

2.453

(0.48%)

1.98%

2.316

LT debt$B

1.162

1.172

1.123

1.099

1.149

1.013

1.035

0.963

0.959

0.908

2.702

(4.59%)

(4.01%)

Peers (US$5.425B)

Cap (US$)

CAR Group Limited

6.784B

31.49x

Data#3 Limited

1.522B

40.73x

Macquarie Technology…

882.6M

40.05x

TISI Inc.

5.493B

18.04x

Capital

TTM

10Y

Leveragex

0.502

(0.046)

(0.034)

EBIT/Intx

0.698

1.099

1.113

Own earn%

426.76

41.15

27.56

Sh yield%

7.77

40.45

38.92

Owners

Insiders/Inst%

6.33

87.22

Short interest%

2.48

SBC / revenue%

2.92

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

7–14

$1 testx

—

Incr. ROIC%

NEXTDC Limited is an ASX 100-listed Data Centre-as-a-Service provider supplying power, security and connectivity to cloud providers, enterprise and Government through Australia's only network of Uptime Institute certified Tier IV facilities. Its Cloud Centre partner ecosystem of carriers, cloud providers and IT service providers lets local and international customers connect with cloud platforms to build hybrid cloud networks.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

$2.281B

2.48%

1.00×

Cost of revenue

$1.246B

2.65%

1.02×

Operating expenses

$406.8M

2.91%

1.04×