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Nuix Ltd.NXL.AXCompetitor analysis, valuation and peers

Australia · AUD·Information Technology›Packaged Software
Momentum leader 96
Mkt cap
$452M
US dollars, full cap
Free float
92%
of shares outstanding
$/day
$1.96M
20-day average traded
Fwd P/E
25.6×
forward earnings
ROIC−WACC
-9.5 pp
WACC 17.2%
Hurdle
+15 pp
Req g minus delivered
Next earnings
108 days
22 Feb 2027
Close · AUDA$1.90
1D-1.3%
1W+6.4%
1M+10.8%
3M+35.7%
6M+36.7%
YTD+5.8%
1Y-10.4%
ATR %5.8%
52w lowhigh16.3% off high

What Nuix does

No business profile yet.

Nuix at a glance

Size Nuix (NXL.AX) is an Australia Information Technology company (Packaged Software) with a market value of $452M, the 271st largest of 316 Australia companies the cockpit tracks. Shares closed at A$1.90 on 6 Nov 2026.

Performance Over six months the shares gained 36.7%, against -13.5% for the median peer and +4.1% for the Australia market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 18.8% over the last twelve months (peer median +6.4%); the operating margin is 11.8% (peer median 5.2%).

Valuation It trades at 25.6× forward earnings against a peer median of 20.8× (4th most expensive of 12).

Price implies For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 9.5 points below its cost of capital (17.2% WACC).

Next results Next results expected around 22 Feb 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026NXL.AX 141Peer median 87
Six months, rebased to 100: Nuix against the median of its 20 peers (local-currency closes).

Nuix financials

Reported figures in AUD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
RevenueA$263MA$263MA$222MA$221MA$182M
Revenue growth—+19%0%+21%—
Gross profitA$187MA$187MA$144MA$149MA$119M
EBITDAA$79.9MA$79.9MA$59.1MA$67.0MA$33.6M
Net incomeA$16.4MA$16.4M-A$9.21MA$5.03M-A$5.59M
Free cash flowA$58.6MA$58.6MA$25.3MA$49.6MA$31.3M
Capital expenditureA$23.4MA$23.4MA$22.8MA$33.1MA$38.5M
Total debtn/aA$40.6MA$5.02MA$9.77MA$11.1M

Quarterly statements and history in the cockpit →

Nuix competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%DATAMATICS688579225570BRAI00242530084530082666437803300078HKD63MOONSDTOL9678COFFEE-B4475NXL.AX6-month return →1-month return →
Up and to the right = strong over both horizons. Nuix is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×DATAMATICS68857922557066437803CRWEQSDTOL9678COFFEE-B4475NXL.AXRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Nuix is the large dot.

Capital: growth delivered against growth the price implies

0%+20%+40%0%20%40%DATAMATICS6885793008267803CRWHKDEQSDTOLCOFFEE-B4475NXL.AXGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Nuix is the large dot.

Nuix competitors and peer comparison

How Nuix compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Nuix against its 20 peers (data as of 6 Nov 2026)
MeasureNXL.AXPeer medianRank in peer set
1-month return+10.8%-2.9%4th highest of 21
6-month return+36.7%-13.5%3rd highest of 21
Distance from 52-week high-16.3%-32.8%6th highest of 21
Revenue growth (TTM)+18.8%+6.4%6th highest of 20
Operating margin11.8%5.2%7th highest of 20
Forward P/E25.6×20.8×4th most expensive of 12
Growth the price implies (Req g, 7 yrs)23.0%13.1%3rd most demanding of 11
Growth delivered (Del g)+8.4%+10.9%4th lowest of 11
Hurdle (Req g minus delivered)+14.6 pp+1.7 pp5th most demanding of 11
ROIC minus cost of capital-9.5 pp-7.3 pp7th lowest of 18
EV / EBITDA7.8×11.8×3rd cheapest of 9
Net debt / EBITDA-0.4×-2.2×4th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Nuix NXL.AXAustralia$452M+37%+19%12%25.6×23.0%+8.4%
Datamatics Global Services DATAMATICS.NSIndia$453M-12%+11%16%15.5×10.8%+11.6%
Dareway Intelligent Technology 688579.SSChina$450M-26%-21%-2%44.1×18.9%+0.9%
NEXON Games 225570.KSSouth Korea$457M-18%-31%-26%24.8×n/an/a
Braiin BRAIUnited States$447M-70%n/an/an/an/an/a
Kaiser (China) Culture 002425.SZChina$461M-10%-3%-53%n/an/an/a
Zhengzhou Jiean Hi-tech 300845.SZChina$444M+5%+6%7%n/an/an/a
NanJing Institute of Surveying Mapping and Geotechnical Investigation 300826.SZChina$444M-1%+8%1%n/a45.8%+8.8%
M31 Technology 6643.TWOTaiwan$443M-46%+19%-8%32.0×n/an/a
Bushiroad 7803.TJapan$441M+102%+3%8%15.3×-3.9%+10.2%
Gravity Co., Ltd. Sponsored ADR GRVYUnited States$467M+3%-2%16%n/an/an/a
Hangzhou Century 300078.SZChina$438M-33%-46%-2%n/an/an/a
Craneware CRW.LUnited Kingdom$467M-32%-3%14%17.2×2.9%+22.2%
AMTD Digital, Inc. Sponsored ADR HKDUnited States$468M-15%+22%27%n/a48.8%+18.5%
Equasens EQS.PAFrance$468M-25%+9%21%9.4×-6.4%+6.6%
Chase Science 300941.SZChina$437M-20%+29%1%n/an/an/a
63 Moons Technologies 63MOONS.NSIndia$437M+21%+238%-104%n/an/an/a
D2L DTOL.TOCanada$436M+19%+3%5%20.8×15.4%+12.4%
Unisound AI Technology 9678.HKHong Kong$470M-84%+40%-18%24.0×n/an/a
Coffee Stain COFFEE-B.STSweden$435M-11%-12%10%15.8×5.6%-11.8%
Hennge K.k 4475.TJapan$471M+132%+19%17%40.3×21.7%+21.3%

Questions

Which companies are Nuix's closest peers?
The cockpit's peer set: Datamatics Global Services (DATAMATICS.NS), Dareway Intelligent Technology (688579.SS), NEXON Games (225570.KS), Braiin (BRAI), Kaiser (China) Culture (002425.SZ), Zhengzhou Jiean Hi-tech (300845.SZ), NanJing Institute of Surveying Mapping and Geotechnical Investigation (300826.SZ), M31 Technology (6643.TWO).
Is Nuix expensive compared with its peers?
On forward p/e it trades at 25.6× against a peer median of 20.8×, 4th most expensive of 12 in its peer set. For today's price to make sense, revenue must grow about 23% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Nuix stock performed?
Over six months to 6 Nov 2026 the shares returned +36.7% against -13.5% for the median peer; over one year -10.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.