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 5,861 - -
Change - -2.82% -5.17% 31.2% 19.09% 8.41% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,514 6,301 5,979
Change - 0.06% -4.09% 42.09% 8.65% 14.84% -3.27% -5.11%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.6x 15.7x 12.8x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.7x 2.42x 2.14x
PEG - 0.3x -1.6x 0.6x 0.6x -1.5x 0.6x 0.6x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.89x 0.82x 0.78x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 0.99x 0.88x 0.8x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.24x 6.84x 5.74x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 13.3x 10.3x 8.39x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.1x 14.2x 11x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.32% 7.05% 9.11%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.138 3.48 3.811
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.34% 2.6% 2.84%
EPS 2 3.66 5.47 4.92 6.2 7.84 6.844 8.548 10.44
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 45.9% 40.7% 36.5%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,579 7,164 7,493
EBITDA 1 463 599 652 804 727.6 790.9 920.8 1,042
EBIT 1 299 420 432 566 439 488.7 610.1 712.5
Net income 1 164 245 221 279 352 307.9 383.2 467
Net Debt 1 74 182 214 681 266 652.8 439.9 118
Reference price 2 85.85 84.45 79.25 104.20 125.80 134.00 134.00 134.00
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,738 - -
Announcement Date 16/02/22 15/02/23 15/02/24 19/02/25 19/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.58x0.99x8.24x2.34% 670.04Cr
28.61x1.88x14.47x0.75% 4.43TCr
56.18x7.89x42.21x - 1.06TCr
17.86x0.42x7.57x0.77% 599.19Cr
18.34x2.14x12.2x1.6% 529.63Cr
55.08x4.05x39.25x0.11% 515.63Cr
17.96x2.21x11.86x1.72% 484.75Cr
Average 30.52x 2.80x 19.40x 1.22% 1.18TCr
Weighted average by Cap. 30.99x 2.64x 18.25x 0.98%

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