Company Valuation: Nexans

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,754 3,648 3,460 4,539 5,406 5,339 - -
Change - -2.82% -5.17% 31.2% 19.09% -1.25% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,050 5,777 5,416
Change - 0.06% -4.09% 42.09% 8.65% 6.67% -4.51% -6.26%
P/E 23.5x 15.4x 16.1x 16.8x 16x 17.7x 14.1x 11.5x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.45x 2.19x 1.93x
PEG - 0.3x -1.6x 0.6x 0.6x -1.5x 0.6x 0.5x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.8x 0.73x 0.7x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 0.9x 0.79x 0.71x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 7.41x 6.08x 5.05x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 11.2x 8.91x 7.13x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 18.7x 12.8x 9.74x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 5.36% 7.83% 10.3%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.127 3.503 3.797
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.56% 2.87% 3.11%
EPS 2 3.66 5.47 4.92 6.2 7.84 6.916 8.642 10.65
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 45.2% 40.5% 35.7%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,713 7,287 7,639
EBITDA 1 463 599 652 804 727.6 816.2 950.3 1,073
EBIT 1 299 420 432 566 439 540.1 648.6 759.6
Net income 1 164 245 221 279 352 311.9 394.2 478.3
Net Debt 1 74 182 214 681 266 711.7 438.6 77
Reference price 2 85.85 84.45 79.25 104.20 125.80 122.10 122.10 122.10
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,724 - -
Announcement Date 2/16/22 2/15/23 2/15/24 2/19/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.66x0.9x7.41x2.56% 5.99B
24.5x2.92x16x2.1% 229B
13x1.57x7.07x3.93% 187B
26.2x3.42x15.72x1.84% 160B
34.79x5.17x21.7x1.13% 152B
40.33x5.36x24.08x1.24% 131B
30.69x4.41x21.64x0.88% 102B
90.53x11.21x64.06x0.35% 93.7B
32.89x5.29x18.42x1.38% 89.55B
30.97x3.86x20.72x1.1% 89.78B
Average 34.15x 4.41x 21.68x 1.65% 124.07B
Weighted average by Cap. 32.46x 4.29x 20.74x 1.78%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Nexans

Historical PBR trend

Valuation ratios - PBR - Nexans

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Nexans

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Nexans


Year-on-year evolution of the Yield

Valuation ratios - Yield - Nexans