Financials Nelnet, Inc.

Equities

NNI

US64031N1081

Consumer Lending

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
94.82 USD +0.71% Intraday chart for Nelnet, Inc. -0.52% +7.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,312 2,731 3,735 3,368 3,293 3,493 -
Enterprise Value (EV) 1 2,312 2,731 3,735 3,368 3,293 3,493 3,493
P/E ratio - - - - 36 x 18.4 x 16.5 x
Yield 1.27% 1.15% 0.92% - - 1.1% -
Capitalization / Revenue - 1.95 x 2.82 x 2.16 x 2.7 x 2.44 x 2.31 x
EV / Revenue - 1.95 x 2.82 x 2.16 x 2.7 x 2.44 x 2.31 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - 1.04 x 1.25 x 1.05 x - - -
Nbr of stocks (in thousands) 39,696 38,341 38,242 37,111 37,324 36,839 -
Reference price 2 58.24 71.24 97.68 90.75 88.22 94.82 94.82
Announcement Date 2/27/20 2/25/21 2/28/22 2/28/23 2/27/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 - 1,400 1,325 1,559 1,220 1,431 1,511
EBITDA - - - - - - -
EBIT 1 - 513.8 489.7 555.9 139.6 292 312
Operating Margin - 36.7% 36.97% 35.66% 11.45% 20.41% 20.65%
Earnings before Tax (EBT) 1 - - - - 74.19 247 265
Net income 1 - - - - 91.53 189 204
Net margin - - - - 7.5% 13.21% 13.5%
EPS 2 - - - - 2.450 5.150 5.750
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 0.7400 0.8200 0.9000 - - 1.040 -
Announcement Date 2/27/20 2/25/21 2/28/22 2/28/23 2/27/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 286.7 394.5 481.6 345.2 395.2 336.7 331.7 - 329.5 260.7 364 347 362 358 376
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - - 275.7 117.8 - - - - 63.63 -28.71 78 66 80 68 75
Operating Margin - - 57.25% 34.12% - - - - 19.31% -11.01% 21.43% 19.02% 22.1% 18.99% 19.95%
Earnings before Tax (EBT) 1 - - - - - - - - 52.97 -39.64 67 55 68 57 65
Net income 1 - - - - - - - 28.27 45.33 -8.554 51 42 52 44 50
Net margin - - - - - - - - 13.76% -3.28% 14.01% 12.1% 14.36% 12.29% 13.3%
EPS 2 - - - - - - - 0.7500 1.210 -0.2300 1.370 1.140 1.430 1.210 1.380
Dividend per Share - 0.2400 0.2400 0.2400 - - 0.2600 - - - - - - - -
Announcement Date 11/8/21 2/28/22 5/9/22 8/8/22 11/7/22 2/28/23 5/8/23 8/7/23 11/7/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) - 14.9% 14.1% 7.52% - - -
ROA (Net income/ Total Assets) - 1.61% 1.77% 1.13% - - -
Assets 1 - - - - - - -
Book Value Per Share - 68.60 77.80 86.20 - - -
Cash Flow per Share 7.460 5.450 14.10 - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 2/27/20 2/25/21 2/28/22 2/28/23 2/27/24 - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
94.82 USD
Average target price
90 USD
Spread / Average Target
-5.08%
Consensus
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