Financials Nexi S.p.A

Equities

NEXI

IT0005366767

Business Support Services

Market Closed - Borsa Italiana 11:44:59 2024-04-26 am EDT 5-day change 1st Jan Change
5.486 EUR +1.48% Intraday chart for Nexi S.p.A +1.44% -25.92%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,772 10,258 14,547 9,659 9,713 7,195 - -
Enterprise Value (EV) 1 9,242 13,810 22,913 15,141 9,713 11,797 10,786 9,925
P/E ratio 56.3 x 81.7 x 233 x 67 x - 17.5 x 12.9 x 10.1 x
Yield - - - - - - - 0.91%
Capitalization / Revenue 7.9 x 9.83 x 8.3 x 2.96 x 2.89 x 2.03 x 1.91 x 1.79 x
EV / Revenue 9.39 x 13.2 x 13.1 x 4.64 x 2.89 x 3.33 x 2.87 x 2.47 x
EV / EBITDA 18.4 x 23 x 24.6 x 9.39 x 5.54 x 6.27 x 5.3 x 4.48 x
EV / FCF 77 x 98.8 x 103 x 141 x - 15.3 x 11.9 x 10.2 x
FCF Yield 1.3% 1.01% 0.97% 0.71% - 6.52% 8.38% 9.8%
Price to Book 5.9 x 6.63 x 1.49 x 0.79 x - 0.58 x 0.55 x 0.53 x
Nbr of stocks (in thousands) 627,778 627,778 1,039,813 1,311,356 1,311,554 1,311,606 - -
Reference price 2 12.38 16.34 13.99 7.366 7.406 5.486 5.486 5.486
Announcement Date 2/12/20 2/11/21 2/10/22 3/7/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 984.1 1,044 1,752 3,260 3,362 3,539 3,758 4,013
EBITDA 1 502.5 601.4 930.3 1,613 1,752 1,881 2,034 2,215
EBIT 1 382 456.6 703.3 1,189 - 1,415 1,572 1,731
Operating Margin 38.82% 43.74% 40.14% 36.47% - 39.99% 41.83% 43.15%
Earnings before Tax (EBT) 1 141 256.7 59.13 270.1 - 783.7 1,054 1,119
Net income 1 130 159.5 50.23 140 - 395.1 575.5 704.1
Net margin 13.21% 15.28% 2.87% 4.3% - 11.16% 15.32% 17.55%
EPS 2 0.2200 0.2000 0.0600 0.1100 - 0.3137 0.4264 0.5453
Free Cash Flow 1 120 139.8 223 107.6 - 769.6 904.2 973
FCF margin 12.19% 13.4% 12.73% 3.3% - 21.74% 24.06% 24.25%
FCF Conversion (EBITDA) 23.88% 23.25% 23.98% 6.67% - 40.9% 44.45% 43.92%
FCF Conversion (Net income) 92.32% 87.68% 444.03% 76.83% - 194.8% 157.11% 138.19%
Dividend per Share 2 - - - - - - - 0.0500
Announcement Date 2/12/20 2/11/21 2/10/22 3/7/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q3 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2
Net sales 1 516.8 427.7 616.2 539.5 598.9 618.1 1,212 712.6 808.2 1,521 858.9 879.5 1,739 741.7 817.3 1,559 871.7 912.9 1,803 780.4 - 1,648 - - 1,892
EBITDA 1 - 214.2 387.2 298.2 316.7 319.7 632.1 307.5 395 702.4 463.1 451.6 910.4 335.7 436.1 771.8 495.8 484.1 980 353 456 822 530 524 -
EBIT - 148.1 308.5 224.5 - - 478.8 - - 478 - - 839.5 - - 558.8 - - - - - - - - -
Operating Margin - 34.63% 50.06% 41.61% - - 39.49% - - 31.43% - - 48.27% - - 35.84% - - - - - - - - -
Earnings before Tax (EBT) - 59.6 197.1 37.53 - - 21.6 - - 162.8 - - 107.3 - - 136.9 - - - - - - - - -
Net income - 32.6 126.9 48.87 - - 1.362 - - 89.13 - - 50.89 - - 32.46 - - - - - - - - -
Net margin - 7.62% 20.59% 9.06% - - 0.11% - - 5.86% - - 2.93% - - 2.08% - - - - - - - - -
EPS - - - 0.0700 - - -0.0100 - - 0.0600 - - 0.0500 - - 0.0200 - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - - - - - - - - -
Announcement Date 2/12/20 7/30/20 2/11/21 7/30/21 11/11/21 2/10/22 2/10/22 5/12/22 7/29/22 7/29/22 11/10/22 3/7/23 3/7/23 5/11/23 8/1/23 8/1/23 11/9/23 3/7/24 3/7/24 - - - - - -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,470 3,552 8,366 5,482 - 4,601 3,591 2,729
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.925 x 5.906 x 8.993 x 3.399 x - 2.446 x 1.765 x 1.232 x
Free Cash Flow 1 120 140 223 108 - 770 904 973
ROE (net income / shareholders' equity) 14.6% 17.2% 6.2% 5.65% - 6.39% 6.87% 8.01%
ROA (Net income/ Total Assets) - 4.24% 2.81% 2.74% - 1.51% 2.46% 3.1%
Assets 1 - 3,762 1,791 5,119 - 26,246 23,390 22,713
Book Value Per Share 2 2.100 2.470 9.400 9.320 - 9.440 9.940 10.40
Cash Flow per Share 2 0.2900 0.2200 0.3600 0.4600 - 0.8900 0.9700 1.070
Capex 1 167 135 282 527 - 440 408 398
Capex / Sales 17% 12.95% 16.08% 16.16% - 12.43% 10.85% 9.91%
Announcement Date 2/12/20 2/11/21 2/10/22 3/7/23 3/7/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
19
Last Close Price
5.486 EUR
Average target price
7.897 EUR
Spread / Average Target
+43.95%
Consensus