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 6,171 - -
Change - -2.82% -5.17% 31.2% 19.09% 14.16% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,845 6,668 6,316
Change - 0.06% -4.09% 42.09% 8.65% 20.69% -2.59% -5.28%
P/E 23.5x 15.4x 16.1x 16.8x 16x 20.1x 16.3x 13.4x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.81x 2.52x 2.24x
PEG - 0.3x -1.6x 0.6x 0.6x -1.9x 0.7x 0.6x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.94x 0.85x 0.81x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 1.04x 0.92x 0.83x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.76x 7.31x 6.05x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 14x 11x 8.86x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.2x 16.9x 12.7x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.32% 5.91% 7.89%
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% 2.23% 2.48% 2.7%
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 79.25 104.20 125.80 141.10 141.10 141.10
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,738 - -
Announcement Date 16/2/22 15/2/23 15/2/24 19/2/25 19/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.09x1.04x8.76x2.23% 7.04B
30.69x2x15.41x0.7% 46.73B
547.58x - - - 14.12B
18.13x0.43x7.63x0.76% 5.96B
19.58x2.27x12.98x1.5% 5.64B
56.34x4.15x40.18x0.11% 5.33B
15.71x1.58x13.51x3.83% 4.97B
Average 101.16x 1.91x 16.41x 1.52% 12.83B
Weighted average by Cap. 110.32x 1.93x 15.62x 1.07%

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