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 6,143 - -
Change - -2.82% -5.17% 31.2% 19.09% 13.64% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,818 6,547 6,228
Change - 0.06% -4.09% 42.09% 8.65% 20.2% -3.97% -4.89%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.8x 16.1x 13.1x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.82x 2.53x 2.22x
PEG - 0.3x -1.6x 0.6x 0.6x -2.06x 0.7x 0.6x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.91x 0.85x 0.82x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 1.01x 0.91x 0.83x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.51x 7.06x 5.91x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 12.6x 10.3x 8.48x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.5x 15.4x 11.5x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.25% 6.5% 8.72%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.13 3.488 3.821
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.23% 2.48% 2.72%
EPS 2 3.66 5.47 4.92 6.2 7.84 7.086 8.7 10.69
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 44.2% 40.1% 35.8%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,733 7,209 7,503
EBITDA 1 463 599 652 804 727.6 801.6 927.8 1,054
EBIT 1 299 420 432 566 439 541.7 634.2 734
Net income 1 164 245 221 279 352 314.2 386.7 467.5
Net Debt 1 74 182 214 681 266 674.8 404.3 84.38
Reference price 2 85.85 84.45 79.25 104.20 125.80 140.50 140.50 140.50
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,724 - -
Announcement Date 2/16/22 A 2/15/23 A 2/15/24 A 2/19/25 A 2/19/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
26.62x1.75x13.57x0.82% 41.93B
43.97x6.23x33.35x - 8.31B
19.83x1.01x8.51x2.23% 7.08B
17.34x0.42x7.47x0.78% 6.32B
59.91x4.42x42.81x0.11% 5.62B
19.06x2.22x12.6x1.53% 5.66B
14.24x1.63x12.59x2.92% 4.34B
Average 28.71x 2.53x 18.70x 1.4% 11.32B
Weighted average by Cap. 28.23x 2.26x 16.65x 1.09%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield