Thursday, December 07, 2023

NX Filtration share price down 41%


Sales 2022 EUR 8,4m 
Sales 2023 EUR 12m? 

Market cap EUR 315m 

Share price EUR 6,29 book EUR 2

In May 2023 CEO Michiel Staatsen became COO. 

Still too difficult pile.  



Saturday, February 25, 2023

NX Filtration share price and value. Back of the envelope math.

"Started the construction of our new megafactory with completion anticipated by Q1 2024 and start-up in H1 2024, needed to meet expected demand from our rapidly growing pipeline of opportunities for the medium-term." https://nxfiltration.com/


Equity EUR 142 000 000,-

50 000 000 shares 

Book value per share: EUR 2.84 

2022  sales of approximately 2,600 membrane modules. EUR 8 000 000 in revenue. 

=> EUR 3 000 price per module? 

Megafactory 80 000 modules. x EUR 3 000 = EUR 240m in sales in 2025? 

Possible sales 240m/50m shares = 3 EUR of sale per share projected. 

Share price EUR 10,70  market cap > EUR 500 000 000 seems enthusiastic. 

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