Company Valuation: Nexity

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,287 1,446 931.6 724.3 499.9 284.2 - -
Change - -36.77% -35.58% -22.26% -30.98% -43.14% - -
Enterprise Value (EV) 1 3,511 3,045 2,437 1,939 1,684 1,471 1,466 1,434
Change - -13.28% -19.95% -20.43% -13.15% -12.69% -0.29% -2.17%
P/E 7.07x 7.66x 48.1x -11.6x -2.64x -12x 40.4x 8.49x
PBR 1.2x 0.74x 0.5x 0.4x 0.31x 0.17x 0.17x 0.16x
PEG - -0.2x -0.5x 0x -0x 0.1x -0x 0x
Capitalization / Revenue 0.47x 0.31x 0.22x 0.2x 0.18x 0.11x 0.11x 0.11x
EV / Revenue 0.73x 0.65x 0.57x 0.55x 0.6x 0.58x 0.57x 0.56x
EV / EBITDA 6.53x 5.56x 5.92x 21.8x 6.8x 5.35x 4.64x 4.11x
EV / EBIT 9.47x 8.31x 9.91x 970x 112x 24.1x 13.5x 11.7x
EV / FCF -16.1x 45x 13.6x 10.5x 9.5x 274x 74.3x 25.4x
FCF Yield -6.23% 2.22% 7.37% 9.56% 10.5% 0.36% 1.35% 3.94%
Dividend per Share 2 2.5 2.5 - - - - 0.125 0.125
Rate of return 6.05% 9.59% - - - - 2.45% 2.45%
EPS 2 5.85 3.4 0.35 -1.12 -3.4 -0.4254 0.1263 0.6015
Distribution rate 42.7% 73.5% - - - - 98.9% 20.8%
Net sales 1 4,836 4,704 4,273 3,535 2,821 2,536 2,577 2,562
EBITDA 1 537.9 547.4 412 89 247.7 274.8 315.8 349.3
EBIT 1 370.6 366.6 246 2 15 60.95 108.9 122.9
Net income 1 324.9 187.8 19 -62 -188.4 -27.23 4.1 26.1
Net Debt 1 1,224 1,599 1,506 1,215 1,184 1,186 1,182 1,150
Reference price 2 41.340 26.060 16.850 13.000 8.975 5.105 5.105 5.105
Nbr of stocks (in thousands) 55,325 55,492 55,288 55,712 55,697 55,678 - -
Announcement Date 23/2/22 22/2/23 28/2/24 27/2/25 25/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.94x0.29x4.22x7.63% 1.78B
7.22x2.08x8.07x1.82% 453M
6.81x0.46x2.33x11.72% 442M
16.47x0.38x8.4x5.1% 433M
-12x0.58x5.35x-.--% 324M
Average 5.29x 0.76x 5.67x 5.25% 687.2M
Weighted average by Cap. 6.89x 0.59x 5.12x 6.35%

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