Nextdc Ltd
NXT: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$25.00 | Tzljh | Wkdffxyyg |
NextDC's Ambitious Expansion Plans Will Keep Capital Spending and Sales Growth High Through 2030
We’re raising our fair value estimate for NextDC to AUD 11 from AUD 10.85 after refining our long-term forecast to reflect the firm’s publicly-stated long-range plans, which now include a fourth data centre in Sydney. The minimal change to our fair value estimate results from significantly higher capital spending largely offsetting more favorable projections for long-term sales growth and margin expansion.