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 6,412 - -
Change - -2.82% -5.17% 31.2% 19.09% 18.61% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 7,086 6,909 6,557
Change - 0.06% -4.09% 42.09% 8.65% 24.93% -2.5% -5.09%
P/E 23.5x 15.4x 16.1x 16.8x 16x 20.9x 17x 13.9x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.92x 2.62x 2.33x
PEG - 0.3x -1.6x 0.6x 0.6x -2x 0.7x 0.6x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.97x 0.88x 0.84x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 1.08x 0.95x 0.86x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 9.07x 7.58x 6.29x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 14.5x 11.4x 9.2x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 24x 17.5x 13.2x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.17% 5.71% 7.6%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.152 3.505 3.804
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.15% 2.39% 2.59%
EPS 2 3.66 5.47 4.92 6.2 7.84 7.022 8.646 10.51
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 44.9% 40.5% 36.2%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,578 7,257 7,592
EBITDA 1 463 599 652 804 727.6 781 911.9 1,043
EBIT 1 299 420 432 566 439 487.5 604.9 713.1
Net income 1 164 245 221 279 352 304.9 375 473.3
Net Debt 1 74 182 214 681 266 674 496.5 144.8
Reference price 2 85.85 84.45 79.25 104.20 125.80 146.60 146.60 146.60
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.18x1.09x9.19x2.12% 738.74Cr
31.78x2.06x15.93x0.68% 4.82TCr
572.83x - - - 1.48TCr
19.19x0.44x7.88x0.72% 627Cr
20.44x2.37x13.52x1.44% 586.49Cr
58.03x4.28x41.42x0.11% 549.63Cr
Average 120.57x 2.05x 17.59x 1.01% 1.47TCr
Weighted average by Cap. 121.69x 2.02x 16.28x 0.85%

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