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 74 182 214 681 266 671 440 70.9
Change - 145.95% 17.58% 218.22% -60.94% 152.26% -34.43% -83.89%
Announcement Date 16/2/22 15/2/23 15/2/24 19/2/25 19/2/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Nexans

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 206 298 377 378 383 385.6 299.5 280.3
Change - 44.66% 26.51% 0.27% 1.32% 0.68% -22.33% -6.4%
Free Cash Flow (FCF) 1 195 246 323 397 425 327.2 434.6 570.7
Change - 26.15% 31.3% 22.91% 7.05% -23.02% 32.84% 31.32%
Announcement Date 16/2/22 15/2/23 15/2/24 19/2/25 19/2/26 - - -
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% 13.01% 14.1%
EBIT Margin (%) 4.94% 6.23% 6.63% 8% 7.2% 7.91% 8.85% 9.97%
EBT Margin (%) 3.91% 5.03% 4.48% 5.62% 5.18% 6.35% 7.34% 8.63%
Net margin (%) 2.71% 3.63% 3.39% 3.94% 5.77% 4.5% 5.35% 6.27%
FCF margin (%) 3.22% 3.65% 4.96% 5.61% 6.97% 4.84% 5.94% 7.43%
FCF / Net Income (%) 118.9% 100.41% 146.15% 142.29% 120.74% 107.43% 110.87% 118.51%

Profitability

        
ROA 3.03% 4.09% 3.42% 3.93% 4.48% 3.41% 4.35% 5.16%
ROE 12.32% 15.81% 13.21% 15.91% 18.49% 15.54% 17.08% 18.49%

Financial Health

        
Leverage (Debt/EBITDA) 0.16x 0.3x 0.33x 0.85x 0.37x 0.82x 0.46x 0.07x
Debt / Free cash flow 0.38x 0.74x 0.66x 1.72x 0.63x 2.05x 1.01x 0.12x

Capital Intensity

        
CAPEX / Current Assets (%) 3.4% 4.42% 5.79% 5.34% 6.28% 5.7% 4.09% 3.65%
CAPEX / EBITDA (%) 44.49% 49.75% 57.82% 47.01% 52.64% 47.03% 31.44% 25.88%
CAPEX / FCF (%) 105.64% 121.14% 116.72% 95.21% 90.12% 117.86% 68.92% 49.12%

Items per share

        
Cash flow per share 1 8.945 12.12 15.57 17.22 17.99 11.84 15.55 17.02
Change - 35.51% 28.44% 10.61% 4.48% -34.2% 31.38% 9.43%
Dividend per Share 1 1.2 2.1 2.3 2.6 2.9 3.073 3.474 3.816
Change - 75% 9.52% 13.04% 11.54% 5.97% 13.06% 9.82%
Book Value Per Share 1 33.16 38.01 38.85 41.61 44.43 50.02 55.85 63.4
Change - 14.63% 2.2% 7.12% 6.77% 12.59% 11.65% 13.52%
EPS 1 3.66 5.47 4.92 6.2 7.84 6.856 8.568 10.68
Change - 49.45% -10.05% 26.02% 26.45% -12.55% 24.97% 24.66%
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,724 43,724 43,724
Announcement Date 16/2/22 15/2/23 15/2/24 19/2/25 19/2/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 17.8x 14.2x
PBR 2.44x 2.18x
EV / Sales 0.89x 0.79x
Yield 2.52% 2.85%

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
MarketScreener Ratings - Nexans
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
122.00EUR
Average target price
169.20EUR
Spread / Average Target
+38.69%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Nexans