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 5,866 - -
Change - -2.82% -5.17% 31.2% 19.09% 8.51% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,523 6,310 5,988
Change - 0.06% -4.09% 42.09% 8.65% 15% -3.26% -5.1%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.6x 15.7x 12.8x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.7x 2.43x 2.14x
PEG - 0.3x -1.6x 0.6x 0.6x -1.5x 0.6x 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 0.99x 0.88x 0.8x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.25x 6.85x 5.75x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 13.3x 10.3x 8.4x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 23.2x 14.2x 11x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.32% 7.04% 9.1%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.138 3.48 3.811
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 6.844 8.548 10.44
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 45.9% 40.7% 36.5%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,579 7,164 7,493
EBITDA 1 463 599 652 804 727.6 790.9 920.8 1,042
EBIT 1 299 420 432 566 439 488.7 610.1 712.5
Net income 1 164 245 221 279 352 307.9 383.2 467
Net Debt 1 74 182 214 681 266 656.5 443.9 122.2
Reference price 2 85.85 84.45 79.25 104.20 125.80 134.10 134.10 134.10
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,745 - -
Announcement Date 2/16/22 2/15/23 2/15/24 2/19/25 2/19/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.7x1x8.28x2.33% 6.73B
27.42x1.82x13.97x0.78% 42.67B
43.86x6.21x33.27x - 8.27B
17.87x2.08x11.9x1.65% 5.15B
14.92x0.39x6.89x0.93% 5.08B
53.27x3.91x37.92x0.12% 4.94B
17.8x2.19x11.74x1.73% 4.81B
13.71x1.4x11.96x4.38% 4.34B
Average 26.07x 2.38x 16.99x 1.7% 10.25B
Weighted average by Cap. 27.34x 2.25x 16.09x 1.22%

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