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 5,142 - -
Change - -2.82% -5.17% 31.2% 19.09% -4.89% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 5,813 5,582 5,213
Change - 0.06% -4.09% 42.09% 8.65% 2.49% -3.99% -6.61%
P/E 23.5x 15.4x 16.1x 16.8x 16x 17.2x 13.7x 11x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.35x 2.11x 1.85x
PEG - 0.3x -1.6x 0.6x 0.6x -1.4x 0.5x 0.4x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.76x 0.7x 0.67x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 0.86x 0.76x 0.68x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 7.09x 5.86x 4.81x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 10.9x 8.62x 6.81x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 17.8x 12.8x 9.13x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 5.63% 7.79% 10.9%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.073 3.474 3.816
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.61% 2.95% 3.24%
EPS 2 3.66 5.47 4.92 6.2 7.84 6.856 8.568 10.68
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 44.8% 40.6% 35.7%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,761 7,320 7,681
EBITDA 1 463 599 652 804 727.6 820 952.7 1,083
EBIT 1 299 420 432 566 439 534.5 647.6 765.7
Net income 1 164 245 221 279 352 304.5 392 481.6
Net Debt 1 74 182 214 681 266 671.4 439.6 70.92
Reference price 2 85.85 84.45 79.25 104.20 125.80 117.60 117.60 117.60
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.($)
17.15x0.86x7.09x2.61% 5.75B
24.03x2.87x15.68x2.14% 225B
12.3x1.35x6.36x4.14% 166B
24.33x3.2x14.66x1.98% 149B
33.05x4.94x20.73x1.19% 144B
38.44x5.1x22.93x1.3% 124B
30.14x4.32x21.19x0.9% 100B
32.98x5.32x18.53x1.37% 90.2B
30.94x3.84x20.64x1.1% 89.35B
86.67x10.72x61.3x0.36% 88.98B
Average 33.00x 4.25x 20.91x 1.71% 118.24B
Weighted average by Cap. 31.44x 4.15x 20.07x 1.82%

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