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 6,086 - -
Change - -2.82% -5.17% 31.2% 19.09% 12.58% - -
Enterprise Value (EV) 1 3,828 3,830 3,674 5,220 5,672 6,795 6,517 6,167
Change - 0.06% -4.09% 42.09% 8.65% 19.79% -4.08% -5.38%
P/E 23.5x 15.4x 16.1x 16.8x 16x 19.7x 16x 13x
PBR 2.59x 2.22x 2.04x 2.5x 2.83x 2.78x 2.5x 2.2x
PEG - 0.3x -1.6x 0.6x 0.6x -2.01x 0.7x 0.6x
Capitalization / Revenue 0.62x 0.54x 0.53x 0.64x 0.89x 0.91x 0.83x 0.8x
EV / Revenue 0.63x 0.57x 0.56x 0.74x 0.93x 1.01x 0.89x 0.81x
EV / EBITDA 8.27x 6.39x 5.63x 6.49x 7.8x 8.41x 6.95x 5.79x
EV / EBIT 12.8x 9.12x 8.5x 9.22x 12.9x 12.7x 10.2x 8.19x
EV / FCF 19.6x 15.6x 11.4x 13.1x 13.3x 21.1x 14.6x 11.2x
FCF Yield 5.09% 6.42% 8.79% 7.6% 7.49% 4.74% 6.87% 8.94%
Dividend per Share 2 1.2 2.1 2.3 2.6 2.9 3.127 3.493 3.806
Rate of return 1.4% 2.49% 2.9% 2.5% 2.31% 2.25% 2.51% 2.73%
EPS 2 3.66 5.47 4.92 6.2 7.84 7.073 8.692 10.71
Distribution rate 32.8% 38.4% 46.7% 41.9% 37% 44.2% 40.2% 35.5%
Net sales 1 6,054 6,745 6,512 7,078 6,098 6,715 7,296 7,631
EBITDA 1 463 599 652 804 727.6 808 937.2 1,064
EBIT 1 299 420 432 566 439 533.5 641.7 753.1
Net income 1 164 245 221 279 352 306.3 386.8 472.5
Net Debt 1 74 182 214 681 266 708.5 431 80.56
Reference price 2 85.85 84.45 79.25 104.20 125.80 139.20 139.20 139.20
Nbr of stocks (in thousands) 43,730 43,202 43,658 43,564 42,974 43,724 - -
Announcement Date 16/2/22 15/2/23 15/2/24 19/2/25 19/2/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.68x1.01x8.41x2.25% 7.08B
26.55x1.72x13.51x0.82% 42B
38.46x6.94x29.65x - 8.8B
15.48x0.38x6.15x0.79% 6.53B
18.55x2.2x12.54x1.6% 5.63B
69.21x2.35x44.01x - 5.53B
49.65x3.64x35.26x0.13% 4.64B
73.33x1.38x22.59x - 4.31B
Average 38.87x 2.45x 21.52x 1.12% 10.57B
Weighted average by Cap. 32.27x 2.26x 17.78x 0.99%

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

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