Projected Income Statement: Nexans

Forecast Balance Sheet: Nexans

Forecast Balance Sheet - Nexans
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 74 182 214 681 266 697 424 62.6
Change - 145.95% 17.58% 218.22% -60.94% 162.03% -39.17% -85.24%
Announcement Date 2/16/22 2/15/23 2/15/24 2/19/25 2/19/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Nexans

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 206 298 377 378 383 384.9 304.1 286.4
Change - 44.66% 26.51% 0.27% 1.32% 0.51% -21% -5.82%
Free Cash Flow (FCF) 1 195 246 323 397 425 324.1 452.3 556
Change - 26.15% 31.3% 22.91% 7.05% -23.75% 39.57% 22.92%
Announcement Date 2/16/22 2/15/23 2/15/24 2/19/25 2/19/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Nexans

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 7.65% 8.88% 10.01% 11.36% 11.93% 12.13% 12.95% 14.02%
EBIT Margin (%) 4.94% 6.23% 6.63% 8% 7.2% 8% 8.86% 9.93%
EBT Margin (%) 3.91% 5.03% 4.48% 5.62% 5.18% 6.46% 7.37% 8.58%
Net margin (%) 2.71% 3.63% 3.39% 3.94% 5.77% 4.56% 5.33% 6.19%
FCF margin (%) 3.22% 3.65% 4.96% 5.61% 6.97% 4.83% 6.21% 7.28%
FCF / Net Income (%) 118.9% 100.41% 146.15% 142.29% 120.74% 105.92% 116.58% 117.61%

Profitability

        
ROA 3.03% 4.09% 3.42% 3.93% 4.48% 3.36% 4.32% 5.09%
ROE 12.32% 15.81% 13.21% 15.91% 18.49% 15.44% 16.76% 18.3%

Financial Health

        
Leverage (Debt/EBITDA) 0.16x 0.3x 0.33x 0.85x 0.37x 0.86x 0.45x 0.06x
Debt / Free cash flow 0.38x 0.74x 0.66x 1.72x 0.63x 2.15x 0.94x 0.11x

Capital Intensity

        
CAPEX / Current Assets (%) 3.4% 4.42% 5.79% 5.34% 6.28% 5.74% 4.17% 3.75%
CAPEX / EBITDA (%) 44.49% 49.75% 57.82% 47.01% 52.64% 47.31% 32.24% 26.75%
CAPEX / FCF (%) 105.64% 121.14% 116.72% 95.21% 90.12% 118.79% 67.24% 51.52%

Items per share

        
Cash flow per share 1 8.945 12.12 15.57 17.22 17.99 11.89 15.58 16.9
Change - 35.51% 28.44% 10.61% 4.48% -33.9% 31.04% 8.41%
Dividend per Share 1 1.2 2.1 2.3 2.6 2.9 3.122 3.487 3.8
Change - 75% 9.52% 13.04% 11.54% 7.65% 11.7% 8.96%
Book Value Per Share 1 33.16 38.01 38.85 41.61 44.43 49.66 55.23 62.67
Change - 14.63% 2.2% 7.12% 6.77% 11.78% 11.21% 13.47%
EPS 1 3.66 5.47 4.92 6.2 7.84 6.904 8.605 10.61
Change - 49.45% -10.05% 26.02% 26.45% -11.94% 24.63% 23.29%
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,724 43,724 43,724
Announcement Date 2/16/22 2/15/23 2/15/24 2/19/25 2/19/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 19.1x 15.3x
PBR 2.66x 2.39x
EV / Sales 0.96x 0.85x
Yield 2.37% 2.64%

EPS & Dividend

EPS & Dividend - Nexans


Y-o-Y evolution of P/E

Valuation ratios - P/E - Nexans
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Nexans
Trader
Investor
Global
Quality
ESG MSCI
A
Ratings Surperformance© - Nexans
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
131.90EUR
Average target price
171.93EUR
Spread / Average Target
+30.35%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Nexans