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 6,049 - -
Change - -2.82% -5.17% 31.2% 19.09% 11.89% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,728 6,512 6,153
Change - 0.06% -4.09% 42.09% 8.65% 18.61% -3.2% -5.52%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.7x 16x 13x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.79x 2.5x 2.21x
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 0.85x 0.77x 0.73x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 0.94x 0.83x 0.74x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.54x 7.09x 5.92x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 13.2x 10.4x 8.47x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.9x 14.7x 11.3x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.19% 6.82% 8.85%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.137 3.486 3.815
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.27% 2.52% 2.76%
EPS 2 3.66 5.47 4.92 6.2 7.84 7.038 8.626 10.61
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 44.6% 40.4% 36%
Net sales 1 6,054 6,745 6,512 7,078 6,098 7,127 7,812 8,308
EBITDA 1 463 599 652 804 727.6 787.5 918.6 1,039
EBIT 1 299 420 432 566 439 509 625.1 726.1
Net income 1 164 245 221 279 352 305.1 387.1 474.3
Net Debt 1 74 182 214 681 266 678.6 463.4 104.1
Reference price 2 85.85 84.45 79.25 104.20 125.80 138.30 138.30 138.30
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.($)
19.65x0.94x8.54x2.27% 6.92B
30.35x1.99x15.3x0.71% 46.64B
64.4x9x48.17x - 12.1B
20.68x0.46x8.23x0.67% 6.76B
18.61x2.16x12.37x1.58% 5.38B
56.49x4.16x40.29x0.11% 5.3B
19.41x2.43x12.99x1.59% 5.25B
Average 32.80x 3.02x 20.84x 1.15% 12.62B
Weighted average by Cap. 33.63x 2.92x 19.91x 0.93%

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