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 5,874 - -
Change - -2.82% -5.17% 31.2% 19.09% 8.65% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,549 6,333 5,974
Change - 0.06% -4.09% 42.09% 8.65% 15.46% -3.29% -5.67%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.1x 15.6x 12.7x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.71x 2.43x 2.15x
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 0.89x 0.82x 0.78x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 1x 0.88x 0.8x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.32x 6.89x 5.75x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 12.9x 10.1x 8.23x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.3x 14.3x 11x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.3% 7.02% 9.12%
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% 2.34% 2.6% 2.84%
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 6,579 7,164 7,493
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 74 182 214 681 266 674.9 459.4 100.3
Reference price 2 85.85 84.45 79.25 104.20 125.80 134.30 134.30 134.30
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.($)
19.08x1x8.32x2.34% 6.71B
28.44x1.87x14.39x0.76% 43.85B
56.19x7.89x42.22x - 10.55B
18.51x0.43x7.72x0.75% 6.16B
19.4x2.25x12.86x1.52% 5.6B
54.65x4.02x38.94x0.12% 5.14B
18.16x2.25x12.05x1.7% 4.91B
Average 30.63x 2.82x 19.50x 1.2% 11.85B
Weighted average by Cap. 30.88x 2.64x 18.22x 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