(NEX) Nexans S.A. - Ratings and Ratios
Exchange: PA •
Country: France •
Currency: EUR •
Type: Common Stock •
ISIN: FR0000044448
Cables, Energy, Offshore, Wind, Oil
Dividends
| Dividend Yield | 2.09% |
| Yield on Cost 5y | 5.42% |
| Yield CAGR 5y | 48.67% |
| Payout Consistency | 64.8% |
| Payout Ratio | 24.4% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 37.3% |
| Value at Risk 5%th | 55.8% |
| Relative Tail Risk | -9.03% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.50 |
| Alpha | 10.56 |
| CAGR/Max DD | 0.38 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.381 |
| Beta | 0.478 |
| Beta Downside | 0.767 |
| Drawdowns 3y | |
|---|---|
| Max DD | 42.26% |
| Mean DD | 15.66% |
| Median DD | 15.29% |
Description: NEX Nexans S.A. November 06, 2025
Nexans S.A. (NASDAQ: NEX) is a French-based cable manufacturer operating globally, with production and sales footprints in France, Canada, Norway, Germany and other markets. The firm is organized into six business lines-PWR-Grid & Connect, PWR-Grid, PWR-Connect, PWR-Transmission, Industry & Solutions, and Other-covering low-voltage building wiring, high-voltage transmission, offshore wind and subsea interconnections, as well as oil-and-gas smart cabling solutions.
Key metrics from the latest fiscal year show revenue of €6.5 billion, a 4.2 % YoY increase driven primarily by growth in the renewable-energy segment, and an adjusted EBITDA margin of 11.8 %. The company’s exposure to offshore wind is expanding; orders for wind-farm cable systems rose 28 % YoY, reflecting the EU’s target to install 60 GW of offshore capacity by 2030. A material economic driver is the ongoing EU grid-modernisation program, which is expected to boost demand for high-voltage transmission and smart-grid solutions at a compound annual growth rate of roughly 5 % through 2028.
For a deeper quantitative view, the ValueRay platform offers a granular breakdown of Nexans valuation metrics and scenario analyses.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (741.0m TTM) > 0 and > 6% of Revenue (6% = 1.02b TTM) |
| FCFTA 0.10 (>2.0%) and ΔFCFTA 4.58pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 6.49% (prev 3.35%; Δ 3.13pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.18 (>3.0%) and CFO 1.49b > Net Income 741.0m (YES >=105%, WARN >=100%) |
| Net Debt (48.0m) to EBITDA (1.34b) ratio: 0.04 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.28 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (44.9m) change vs 12m ago -0.14% (target <= -2.0% for YES) |
| Gross Margin 13.36% (prev 12.10%; Δ 1.26pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 231.3% (prev 187.4%; Δ 43.92pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 7.47 (EBITDA TTM 1.34b / Interest Expense TTM 121.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.02
| (A) 0.14 = (Total Current Assets 5.05b - Total Current Liabilities 3.95b) / Total Assets 8.11b |
| (B) 0.07 = Retained Earnings (Balance) 593.0m / Total Assets 8.11b |
| (C) 0.12 = EBIT TTM 904.0m / Avg Total Assets 7.36b |
| (D) 0.06 = Book Value of Equity 360.0m / Total Liabilities 6.20b |
| Total Rating: 2.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 83.41
| 1. Piotroski 6.0pt |
| 2. FCF Yield 14.79% |
| 3. FCF Margin 4.67% |
| 4. Debt/Equity 1.10 |
| 5. Debt/Ebitda 0.04 |
| 6. ROIC - WACC (= 27.66)% |
| 7. RoE 41.12% |
| 8. Rev. Trend 82.22% |
| 9. EPS Trend 13.07% |
What is the price of NEX shares?
As of November 29, 2025, the stock is trading at EUR 124.70 with a total of 105,385 shares traded.
Over the past week, the price has changed by +4.26%, over one month by +3.49%, over three months by -5.96% and over the past year by +19.16%.
Over the past week, the price has changed by +4.26%, over one month by +3.49%, over three months by -5.96% and over the past year by +19.16%.
Is NEX a buy, sell or hold?
Nexans S.A. has no consensus analysts rating.
What are the forecasts/targets for the NEX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 133.4 | 6.9% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 138.6 | 11.1% |
NEX Fundamental Data Overview November 27, 2025
Market Cap USD = 6.18b (5.33b EUR * 1.1602 EUR.USD)
Market Cap EUR = 5.33b (5.33b EUR * 1.0 EUR.EUR)
P/E Trailing = 11.4474
P/E Forward = 13.089
P/S = 0.5907
P/B = 2.7871
Beta = 0.867
Revenue TTM = 17.02b EUR
EBIT TTM = 904.0m EUR
EBITDA TTM = 1.34b EUR
Long Term Debt = 1.57b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 361.0m EUR (from shortTermDebt, last quarter)
Debt = 2.09b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 48.0m EUR (from netDebt column, last quarter)
Enterprise Value = 5.38b EUR (5.33b + Debt 2.09b - CCE 2.04b)
Interest Coverage Ratio = 7.47 (Ebit TTM 904.0m / Interest Expense TTM 121.0m)
FCF Yield = 14.79% (FCF TTM 795.0m / Enterprise Value 5.38b)
FCF Margin = 4.67% (FCF TTM 795.0m / Revenue TTM 17.02b)
Net Margin = 4.35% (Net Income TTM 741.0m / Revenue TTM 17.02b)
Gross Margin = 13.36% ((Revenue TTM 17.02b - Cost of Revenue TTM 14.75b) / Revenue TTM)
Gross Margin QoQ = 12.93% (prev 13.58%)
Tobins Q-Ratio = 0.66 (Enterprise Value 5.38b / Total Assets 8.11b)
Interest Expense / Debt = 1.58% (Interest Expense 33.0m / Debt 2.09b)
Taxrate = 21.76% (104.0m / 478.0m)
NOPAT = 707.3m (EBIT 904.0m * (1 - 21.76%))
Current Ratio = 1.28 (Total Current Assets 5.05b / Total Current Liabilities 3.95b)
Debt / Equity = 1.10 (Debt 2.09b / totalStockholderEquity, last quarter 1.89b)
Debt / EBITDA = 0.04 (Net Debt 48.0m / EBITDA 1.34b)
Debt / FCF = 0.06 (Net Debt 48.0m / FCF TTM 795.0m)
Total Stockholder Equity = 1.80b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.13% (Net Income 741.0m / Total Assets 8.11b)
RoE = 41.12% (Net Income TTM 741.0m / Total Stockholder Equity 1.80b)
RoCE = 26.81% (EBIT 904.0m / Capital Employed (Equity 1.80b + L.T.Debt 1.57b))
RoIC = 33.59% (NOPAT 707.3m / Invested Capital 2.11b)
WACC = 5.94% (E(5.33b)/V(7.42b) * Re(7.78%) + D(2.09b)/V(7.42b) * Rd(1.58%) * (1-Tc(0.22)))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈615.0m ; Y1≈403.8m ; Y5≈184.6m
Fair Price DCF = 82.98 (DCF Value 3.63b / Shares Outstanding 43.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 13.07 | EPS CAGR: 89.54% | SUE: 3.63 | # QB: 1
Revenue Correlation: 82.22 | Revenue CAGR: 21.57% | SUE: 1.64 | # QB: 3
Market Cap EUR = 5.33b (5.33b EUR * 1.0 EUR.EUR)
P/E Trailing = 11.4474
P/E Forward = 13.089
P/S = 0.5907
P/B = 2.7871
Beta = 0.867
Revenue TTM = 17.02b EUR
EBIT TTM = 904.0m EUR
EBITDA TTM = 1.34b EUR
Long Term Debt = 1.57b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 361.0m EUR (from shortTermDebt, last quarter)
Debt = 2.09b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 48.0m EUR (from netDebt column, last quarter)
Enterprise Value = 5.38b EUR (5.33b + Debt 2.09b - CCE 2.04b)
Interest Coverage Ratio = 7.47 (Ebit TTM 904.0m / Interest Expense TTM 121.0m)
FCF Yield = 14.79% (FCF TTM 795.0m / Enterprise Value 5.38b)
FCF Margin = 4.67% (FCF TTM 795.0m / Revenue TTM 17.02b)
Net Margin = 4.35% (Net Income TTM 741.0m / Revenue TTM 17.02b)
Gross Margin = 13.36% ((Revenue TTM 17.02b - Cost of Revenue TTM 14.75b) / Revenue TTM)
Gross Margin QoQ = 12.93% (prev 13.58%)
Tobins Q-Ratio = 0.66 (Enterprise Value 5.38b / Total Assets 8.11b)
Interest Expense / Debt = 1.58% (Interest Expense 33.0m / Debt 2.09b)
Taxrate = 21.76% (104.0m / 478.0m)
NOPAT = 707.3m (EBIT 904.0m * (1 - 21.76%))
Current Ratio = 1.28 (Total Current Assets 5.05b / Total Current Liabilities 3.95b)
Debt / Equity = 1.10 (Debt 2.09b / totalStockholderEquity, last quarter 1.89b)
Debt / EBITDA = 0.04 (Net Debt 48.0m / EBITDA 1.34b)
Debt / FCF = 0.06 (Net Debt 48.0m / FCF TTM 795.0m)
Total Stockholder Equity = 1.80b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.13% (Net Income 741.0m / Total Assets 8.11b)
RoE = 41.12% (Net Income TTM 741.0m / Total Stockholder Equity 1.80b)
RoCE = 26.81% (EBIT 904.0m / Capital Employed (Equity 1.80b + L.T.Debt 1.57b))
RoIC = 33.59% (NOPAT 707.3m / Invested Capital 2.11b)
WACC = 5.94% (E(5.33b)/V(7.42b) * Re(7.78%) + D(2.09b)/V(7.42b) * Rd(1.58%) * (1-Tc(0.22)))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈615.0m ; Y1≈403.8m ; Y5≈184.6m
Fair Price DCF = 82.98 (DCF Value 3.63b / Shares Outstanding 43.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 13.07 | EPS CAGR: 89.54% | SUE: 3.63 | # QB: 1
Revenue Correlation: 82.22 | Revenue CAGR: 21.57% | SUE: 1.64 | # QB: 3