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 5,783 - -
Change - -2.82% -5.17% 31.2% 19.09% 6.97% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,440 6,227 5,905
Change - 0.06% -4.09% 42.09% 8.65% 13.53% -3.3% -5.17%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.3x 15.5x 12.7x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.66x 2.39x 2.11x
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 0.88x 0.81x 0.77x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 0.98x 0.87x 0.79x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.14x 6.76x 5.67x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 13.2x 10.2x 8.29x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 22.9x 14x 10.8x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.37% 7.14% 9.22%
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% 2.37% 2.63% 2.88%
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 74 182 214 681 266 656.5 443.9 122.2
Reference price 2 85.85 84.45 79.25 104.20 125.80 132.20 132.20 132.20
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,745 - -
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.($)
19.32x0.98x8.14x2.37% 6.58B
26.69x1.78x13.62x0.8% 41.44B
38.46x5.48x29.35x - 7.25B
16.66x0.41x7.29x0.83% 5.75B
17.34x2.05x11.68x1.69% 5.07B
17.4x2.16x11.62x1.75% 4.77B
52.14x3.83x37.09x0.12% 4.83B
13.87x1.41x12.08x4.33% 4.39B
Average 25.23x 2.26x 16.36x 1.7% 10.01B
Weighted average by Cap. 26.12x 2.09x 15.23x 1.24%

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