(NEX) Nexans S.A. - Ratings and Ratios
Cables, Networks, Wind, Industry, Wire
Description: NEX Nexans S.A.
Nexans S.A. is a multinational company that designs, manufactures, and sells cables and cabling systems for various industries, including energy, transportation, and industrial infrastructure. The companys diverse product portfolio includes cables for energy distribution networks, equipment cables for buildings, and cabling and connectivity solutions for OEMs and industrial infrastructure project managers.
With operations in multiple countries, including France, Canada, Norway, and Germany, Nexans S.A. generates revenue through four main business segments: Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities. The companys products and services cater to a range of markets, including renewable energy, oil and gas, and transportation.
To evaluate Nexans S.A.s performance, we can examine key performance indicators (KPIs) such as revenue growth, profitability margins, and return on equity (RoE). With a RoE of 29.12%, the company demonstrates a strong ability to generate profits from shareholder equity. Additionally, the companys market capitalization of 4838.30M EUR and a forward P/E ratio of 15.48 indicate a relatively stable and attractive valuation.
From a growth perspective, Nexans S.A.s involvement in emerging markets such as offshore wind farms and subsea interconnections presents opportunities for expansion. The companys ability to provide design, engineering, financing, and asset management solutions for these projects positions it as a comprehensive solutions provider, potentially driving revenue growth and increasing its competitive edge.
To further assess the companys prospects, we can analyze its financial health by examining metrics such as debt-to-equity ratio, interest coverage ratio, and operating cash flow. A thorough analysis of these KPIs will provide a more comprehensive understanding of Nexans S.A.s strengths and weaknesses, enabling more informed investment decisions.
NEX Stock Overview
| Market Cap in USD | 6,623m |
| Sub-Industry | Electrical Components & Equipment |
| IPO / Inception |
NEX Stock Ratings
| Growth Rating | 44.6% |
| Fundamental | 84.2% |
| Dividend Rating | 64.8% |
| Return 12m vs S&P 500 | -23.0% |
| Analyst Rating | - |
NEX Dividends
| Dividend Yield 12m | 2.27% |
| Yield on Cost 5y | 6.31% |
| Annual Growth 5y | 48.67% |
| Payout Consistency | 64.8% |
| Payout Ratio | 24.4% |
NEX Growth Ratios
| Growth Correlation 3m | 13.8% |
| Growth Correlation 12m | 37.7% |
| Growth Correlation 5y | 78.8% |
| CAGR 5y | 13.33% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.32 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.87 |
| Sharpe Ratio 12m | -0.57 |
| Alpha | -29.20 |
| Beta | 1.068 |
| Volatility | 35.38% |
| Current Volume | 386.5k |
| Average Volume 20d | 117.2k |
| Stop Loss | 113.4 (-4.5%) |
| Signal | -0.97 |
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) 84.22
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 13.81% = 5.0 |
| 3. FCF Margin 4.67% = 1.17 |
| 4. Debt/Equity 1.10 = 1.92 |
| 5. Debt/Ebitda 0.04 = 2.50 |
| 6. ROIC - WACC (= 25.98)% = 12.50 |
| 7. RoE 41.12% = 2.50 |
| 8. Rev. Trend 70.37% = 5.28 |
| 9. EPS Trend 47.02% = 2.35 |
What is the price of NEX shares?
Over the past week, the price has changed by -13.63%, over one month by -14.40%, over three months by +3.33% and over the past year by -11.56%.
Is Nexans S.A. a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of NEX is around 114.67 EUR . This means that NEX is currently overvalued and has a potential downside of -3.48%.
Is NEX a buy, sell or hold?
What are the forecasts/targets for the NEX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 133.4 | 12.3% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 126.9 | 6.8% |
NEX Fundamental Data Overview
Market Cap EUR = 5.71b (5.71b EUR * 1.0 EUR.EUR)
P/E Trailing = 12.265
P/E Forward = 12.987
P/S = 0.6329
P/B = 3.0276
Beta = 1.068
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 = 5.76b EUR (5.71b + Debt 2.09b - CCE 2.04b)
Interest Coverage Ratio = 7.47 (Ebit TTM 904.0m / Interest Expense TTM 121.0m)
FCF Yield = 13.81% (FCF TTM 795.0m / Enterprise Value 5.76b)
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 = 0.71 (Enterprise Value 5.76b / 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 = 7.62% (E(5.71b)/V(7.80b) * Re(9.95%) + D(2.09b)/V(7.80b) * Rd(1.58%) * (1-Tc(0.22)))
Discount Rate = 9.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.15%
[DCF Debug] Terminal Value 62.36% ; FCFE base≈615.0m ; Y1≈403.8m ; Y5≈184.6m
Fair Price DCF = 62.44 (DCF Value 2.73b / Shares Outstanding 43.7m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 47.02 | EPS CAGR: 139.2% | SUE: 3.63 | # QB: 1
Revenue Correlation: 70.37 | Revenue CAGR: 12.13% | SUE: 1.64 | # QB: 3