One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
X-Energy, Inc.
XE · NMS · Industrials · Specialty Industrial Machinery
Current price
$10.36
52-week range
$10.07 - $37.10
Market cap
$4.21B
Balance sheet
Healthy
-456.63x Concerning
Net cash $1.61B. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 12.2% last year.
- Risk Operating margin compressed from -79.0% to -219.5% over 3 years.
What this company does
X-Energy, Inc.
X-Energy, Inc. develops and sells advanced nuclear reactor technology and fuel, primarily through its Xe-100 reactor and TRISO-X fuel. The company's main source of money comes from selling these specialized products to energy providers looking for clean power solutions. This matters because X-Energy is positioning itself to be a key player in the growing market for small, advanced nuclear energy.
How the company got here
X-Energy, Inc. was founded in 2009 with a mission to advance nuclear energy technology. The company's journey has been focused on developing innovative reactor designs and fuel solutions. A key turning point was the development of their signature Xe-100 reactor, a small modular reactor (SMR) designed for greater efficiency and safety. This focus on next-generation nuclear power has positioned X-Energy as a significant player in the evolving energy landscape.
What it actually does
X-Energy designs and manufactures advanced nuclear reactor technology and fuel. Think of them as creating the engines and the specialized fuel for a new generation of power plants. Their primary offering is the Xe-100 reactor, a smaller, more adaptable nuclear reactor than traditional ones. They also produce TRISO-X, a highly robust and safe fuel designed specifically for these advanced reactors. Their work aims to provide clean, reliable, and scalable energy solutions.
Xe-100 Reactor Technology
This is X-Energy's flagship product, a small modular reactor (SMR) designed to generate electricity or provide heat for industrial processes. Unlike massive traditional nuclear power plants, the Xe-100 is designed to be more flexible and potentially quicker to build. It can produce 80 megawatts of electric power or 200 megawatts of thermal output (heat), making it suitable for a range of applications from powering communities to supplying industrial facilities. The development of this technology is central to X-Energy's business model, aiming to offer a more accessible form of nuclear power.
TRISO-X Fuel
TRISO-X is the specialized nuclear fuel developed by X-Energy to power its reactors, including the Xe-100. This fuel is designed with multiple protective layers around the uranium particles, making it exceptionally resistant to high temperatures and other harsh conditions. This advanced fuel design is a critical component of the safety and performance of X-Energy's reactor technology. By controlling both the reactor design and the fuel, X-Energy aims to offer a more integrated and secure nuclear energy solution.
What management is betting on now
X-Energy's management is focused on commercializing its advanced nuclear reactor technology and fuel. Their strategy centers on deploying the Xe-100 reactor and TRISO-X fuel to meet growing global demand for clean and reliable energy. They are likely pursuing partnerships and regulatory approvals to bring their innovative solutions to market. The company's success hinges on demonstrating the safety, efficiency, and economic viability of their SMR technology to utilities and industrial clients worldwide.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $10.36
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $1.6B - more cash than debt. Interest coverage -456.6x.
Net debt
$-1.61B
Interest coverage
-456.63x
X-Energy, Inc. is healthier than 0 of 1 peers on balance-sheet leverage.
Healthy
Worse cushion
Baseline
Better cushion
XE
BASELINE
X-Energy, Inc.
Total debt $26.81M Interest coverage -456.63x This is the baseline the peer rows are being compared against.
What you should know
The case for and against XE
1 Reward
1 Risk
Rewards
-
Revenue grew 12.2% last year.
Risks
-
Operating margin compressed from -79.0% to -219.5% over 3 years.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-18.90x
P/B
1.64x
P/S
28.01x
EV/EBITDA
-7.13x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
-65.4%
Operating margin
-219.5%
Net margin
-298.7%
ROE
—
ROA
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Health
Liquidity and balance-sheet strength
Debt / equity
0.01x
Current ratio
17.20x
Quick ratio
16.99x
Total debt
$26.81M
Total cash
$1.64B
Growth
How the business has been compounding
Revenue TTM
$150.28M
Revenue 5Y CAGR
7.0%
EPS TTM
-0.75
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-149.86M
Free CF TTM
$-267.10M
FCF margin
-177.7%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
—
Last ex-div date
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