Nexans NEX

Morningstar Rating
€136.40 +3.60 (2.71%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NEX is trading at a LOCK|BG@^SJ premium.
Price
€132.80
Fair Value
LOCK|q.ZrtS>!y
Uncertainty
LOCK|LnqJ
1-Star Price
LOCK|v.g&x^Gh
5-Star Price
LOCK|J.&Qp$MDJ$
Economic Moat
LOCK|Jz%
Capital Allocation
—

News

Trading Information

Previous Close Price
€132.80
Day Range
€133.50–137.60
52-Week Range
€109.70–169.00
Bid/Ask
€135.50 / €139.40
Shares Outstanding
43.62M
Market Cap
€5.95B
Volume/Avg
116,578 / 161,867

Key Statistics

Price/Earnings (Normalized)
34.45
Price/Sales
0.76
Dividend Yield (Trailing)
2.18%
Dividend Yield (Forward)
2.18%
Dividend Payment Schedule
May
Total Yield
2.18%

Company Profile

Nexans is focused on electrification and provides cabling technologies and services across the value chain, including engineering and design, production, manufacturing, testing, installation, maintenance and repair. Its segments are: PWR-Transmission, supporting the energy transition through subsea and interconnection projects; PWR-Grid, providing cables, accessories and services for grid modernization; and PWR-Connect, which generates maximum revenue through solutions for data centers, electric vehicles and critical buildings. Its technologies include mass impregnated (MI), cross-linked polyethylene (XLPE), and dynamic cables. It focuses on the electrical safety of end users, products that are easy to handle and install, and smart products integrated into a digital ecosystem.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Mid Growth
Total Number of Employees
13,000

Valuation

Metric
NEX
Price/Earnings (Normalized)
34.45
Price/Book Value
2.73
Price/Sales
0.76
Price/Cash Flow
14.79
Price/Earnings
NEX

Financial Strength

Metric
NEX
Quick Ratio
0.60
Current Ratio
1.04
Interest Coverage
6.20
Quick Ratio
NEX

Profitability

Metric
NEX
Return on Assets (Normalized)
3.47%
Return on Equity (Normalized)
14.87%
Return on Invested Capital (Normalized)
8.04%
Return on Assets
NEX

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