Company Valuation: Nexity

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,287 1,446 931.6 724.3 499.9 324.3 - -
Change - -36.77% -35.58% -22.26% -30.98% -35.12% - -
Enterprise Value (EV) 1 3,511 3,045 2,437 1,939 1,684 1,501 1,500 1,446
Change - -13.28% -19.95% -20.43% -13.15% -10.91% -0.06% -3.56%
P/E 7.07x 7.66x 48.1x -11.6x -2.64x -15.9x 25.7x 7.01x
PBR 1.2x 0.74x 0.5x 0.4x 0.31x 0.2x 0.19x 0.18x
PEG - -0.2x -0.5x 0x -0x 0.2x -0x 0x
Capitalization / Revenue 0.47x 0.31x 0.22x 0.2x 0.18x 0.13x 0.12x 0.12x
EV / Revenue 0.73x 0.65x 0.57x 0.55x 0.6x 0.59x 0.56x 0.54x
EV / EBITDA 6.53x 5.56x 5.92x 21.8x 6.8x 5.25x 4.57x 4.03x
EV / EBIT 9.47x 8.31x 9.91x 970x 112x 23.2x 12.9x 10.3x
EV / FCF -16.1x 45x 13.6x 10.5x 9.5x 89.5x 91.6x 18.5x
FCF Yield -6.23% 2.22% 7.37% 9.56% 10.5% 1.12% 1.09% 5.4%
Dividend per Share 2 2.5 2.5 - - - - 0.125 0.125
Rate of return 6.05% 9.59% - - - - 2.15% 2.15%
EPS 2 5.85 3.4 0.35 -1.12 -3.4 -0.3654 0.2263 0.8315
Distribution rate 42.7% 73.5% - - - - 55.2% 15%
Net sales 1 4,836 4,704 4,273 3,535 2,821 2,538 2,661 2,703
EBITDA 1 537.9 547.4 412 89 247.7 285.8 327.9 359.2
EBIT 1 370.6 366.6 246 2 15 64.55 116.7 140.5
Net income 1 324.9 187.8 19 -62 -188.4 -22.83 12.45 45.05
Net Debt 1 1,224 1,599 1,506 1,215 1,184 1,176 1,175 1,122
Reference price 2 41.340 26.060 16.850 13.000 8.975 5.825 5.825 5.825
Nbr of stocks (in thousands) 55,325 55,492 55,288 55,712 55,697 55,678 - -
Announcement Date 2/23/22 A 2/22/23 A 2/28/24 A 2/27/25 A 2/25/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-15.94x0.59x5.25x-.--% 376M
8x0.29x4.25x7.58% 1.8B
7.49x0.55x2.82x10.65% 487M
7.33x2.11x8.17x1.79% 464M
16.02x0.36x8.12x5.24% 430M
Average 4.58x 0.78x 5.72x 5.05% 711.03M
Weighted average by Cap. 6.28x 0.61x 5.14x 6.16%

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

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