Financials Nexi S.p.A

Equities

NEXI

IT0005366767

Business Support Services

Market Closed - Borsa Italiana 09:14:59 31/05/2024 pm IST 5-day change 1st Jan Change
6.09 EUR -0.91% Intraday chart for Nexi S.p.A -0.16% -17.77%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,772 10,258 14,547 9,659 9,713 7,957 - -
Enterprise Value (EV) 1 9,242 13,810 22,913 15,141 14,975 13,113 12,020 10,886
P/E ratio 56.3 x 81.7 x 233 x 67 x -9.7 x 20.6 x 14.7 x 11 x
Yield - - - - - - - -
Capitalization / Revenue 7.9 x 9.83 x 8.3 x 2.96 x 2.89 x 2.26 x 2.13 x 2.01 x
EV / Revenue 9.39 x 13.2 x 13.1 x 4.64 x 4.45 x 3.72 x 3.22 x 2.76 x
EV / EBITDA 18.4 x 23 x 24.6 x 9.39 x 8.55 x 6.99 x 5.92 x 4.97 x
EV / FCF 77 x 98.8 x 103 x 141 x - 18.3 x 13.7 x 10.5 x
FCF Yield 1.3% 1.01% 0.97% 0.71% - 5.48% 7.29% 9.54%
Price to Book 5.9 x 6.63 x 1.49 x 0.79 x - 0.68 x 0.65 x 0.62 x
Nbr of stocks (in thousands) 6,27,778 6,27,778 10,39,813 13,11,356 13,11,554 13,06,560 - -
Reference price 2 12.38 16.34 13.99 7.366 7.406 6.090 6.090 6.090
Announcement Date 12/02/20 11/02/21 10/02/22 07/03/23 07/03/24 - - -
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 3,523 3,737 3,950
EBITDA 1 502.5 601.4 930.3 1,613 1,752 1,876 2,031 2,189
EBIT 1 382 456.6 703.3 1,189 1,305 1,413 1,555 1,684
Operating Margin 38.82% 43.74% 40.14% 36.47% 38.81% 40.12% 41.61% 42.64%
Earnings before Tax (EBT) 1 141 256.7 59.13 270.1 -889.6 557.9 829.5 989.9
Net income 1 130 159.5 50.23 140 -1,006 366.1 558.6 709.7
Net margin 13.21% 15.28% 2.87% 4.3% -29.93% 10.39% 14.95% 17.96%
EPS 2 0.2200 0.2000 0.0600 0.1100 -0.7632 0.2959 0.4154 0.5537
Free Cash Flow 1 120 139.8 223 107.6 - 718.4 876.3 1,038
FCF margin 12.19% 13.4% 12.73% 3.3% - 20.39% 23.45% 26.29%
FCF Conversion (EBITDA) 23.88% 23.25% 23.98% 6.67% - 38.3% 43.15% 47.43%
FCF Conversion (Net income) 92.32% 87.68% 444.03% 76.83% - 196.2% 156.89% 146.32%
Dividend per Share 2 - - - - - - - -
Announcement Date 12/02/20 11/02/21 10/02/22 07/03/23 07/03/24 - - -
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 S1 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 1,803 781.6 1,650 1,873
EBITDA 1 - 214.2 387.2 298.2 316.7 319.7 632.1 307.5 395 702.4 463.1 451.6 910.4 335.7 436.1 771.8 495.8 484.1 980 361.7 822 -
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 12/02/20 30/07/20 11/02/21 30/07/21 11/11/21 10/02/22 10/02/22 12/05/22 29/07/22 29/07/22 10/11/22 07/03/23 07/03/23 11/05/23 01/08/23 01/08/23 09/11/23 07/03/24 07/03/24 09/05/24 - -
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 5,262 5,156 4,063 2,930
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.925 x 5.906 x 8.993 x 3.399 x 3.004 x 2.749 x 2.001 x 1.338 x
Free Cash Flow 1 120 140 223 108 - 718 876 1,038
ROE (net income / shareholders' equity) 14.6% 17.2% 6.2% 5.65% - 6.05% 6.73% 7.73%
ROA (Net income/ Total Assets) - 4.24% 2.81% 2.74% 2.74% 1.99% 2.38% 3.1%
Assets 1 - 3,762 1,791 5,119 -36,685 18,410 23,446 22,892
Book Value Per Share 2 2.100 2.470 9.400 9.320 - 8.910 9.330 9.820
Cash Flow per Share 2 0.2900 0.2200 0.3600 0.4600 - 0.8500 0.9800 1.080
Capex 1 167 135 282 527 - 422 410 389
Capex / Sales 17% 12.95% 16.08% 16.16% - 11.98% 10.96% 9.84%
Announcement Date 12/02/20 11/02/21 10/02/22 07/03/23 07/03/24 - - -
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
6.09 EUR
Average target price
7.977 EUR
Spread / Average Target
+30.98%
Consensus