(NEX) Nexans S.A. - Ratings and Ratios

Nexans S.A. (PA:NEX) is a global leader in the design, manufacturing, and supply of high-performance cables and connectivity solutions. Headquartered in Courbevoie, France, the company operates across four primary segments: Building & Territories, Generation & Transmission, Industry & Solutions, and Other Activities. It serves diverse markets, including energy distribution, renewable energy, oil and gas, transportation, and industrial infrastructure. Nexans provides advanced cabling systems for energy transmission and distribution, including medium- and high-voltage cables, as well as specialized solutions for offshore wind farms, subsea interconnections, and subsea data transmission. The company also offers smart grid and automation solutions for the energy sector, enabling efficient power distribution and grid management. Additionally, Nexans supplies cabling and connectivity solutions for industrial equipment, transportation systems, and renewable energy projects, supporting OEMs and infrastructure developers worldwide. The company has a strong focus on innovation, particularly in sustainable energy solutions, and has established itself as a key player in the global transition to renewable energy sources. Nexans was founded in 1994 and was formerly known as Atalec before rebranding in 2000.

From a technical perspective, Nexans S.A. (PA:NEX) is currently trading at 90.90 EUR, with a 20-day moving average of 87.75 and a 50-day moving average of 94.21. The stock is below its 200-day moving average of 109.24, indicating potential long-term bearish momentum. The Average True Range (ATR) of 4.07 suggests moderate volatility. The stocks fundamental profile is supported by a market capitalization of 3827.77M EUR, a price-to-earnings (P/E) ratio of 14.11, and a forward P/E of 12.24, signaling expectations of improving earnings. The price-to-book (P/B) ratio of 2.11 reflects a premium valuation relative to book value, while the price-to-sales (P/S) ratio of 0.45 indicates a reasonable valuation compared to revenue. The return on equity (RoE) of 24.43 highlights strong profitability and efficient use of shareholder capital.

3-Month Forecast: Based on the intersection of technical and fundamental data, Nexans S.A. (PA:NEX) is expected to remain in a consolidation phase over the next three months. The stock is likely to trade within a range of 85.00 to 100.00 EUR, with key support at the SMA20 (87.75) and resistance at the SMA50 (94.21). A breakout above the SMA50 could signal a bullish reversal, while a breakdown below the SMA20 may trigger further downside. The ATR of 4.07 suggests average price fluctuations of 4-5% per month. Fundamental strength, including improving earnings expectations (forward P/E of 12.24) and high RoE (24.43), may offset technical weakness, but near-term price action will depend on broader market sentiment and macroeconomic conditions.