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 5,334 - -
Change - -2.82% -5.17% 31.2% 19.09% -1.33% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,046 5,773 5,411
Change - 0.06% -4.09% 42.09% 8.65% 6.59% -4.52% -6.26%
P/E 23.5x 15.4x 16.1x 16.8x 16x 17.6x 14.1x 11.5x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.44x 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 0.79x 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 5.04x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 11.2x 8.9x 7.12x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 18.7x 12.8x 9.73x
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 79.25 104.20 125.80 122.00 122.00 122.00
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.64x0.9x7.41x2.56% 5.99B
24.55x2.92x16.03x2.09% 230B
11.69x1.08x4.91x4.25% 160B
25.7x3.37x15.46x1.87% 158B
35x5.19x21.82x1.12% 153B
40.04x5.32x23.91x1.24% 130B
31.11x4.47x21.93x0.87% 104B
85.86x10.62x60.73x0.37% 88.74B
31.56x3.92x21.08x1.08% 91.48B
33.41x5.36x18.68x1.35% 90.98B
Average 33.66x 4.32x 21.20x 1.68% 121.11B
Weighted average by Cap. 32.21x 4.23x 20.39x 1.77%

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