Financials Nexity

Equities

NXI

FR0010112524

Real Estate Development & Operations

Market Closed - Euronext Paris 11:35:27 2024-04-26 am EDT 5-day change 1st Jan Change
10.22 EUR +7.18% Intraday chart for Nexity +7.98% -39.35%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,477 1,947 2,287 1,446 931.6 564.8 - -
Enterprise Value (EV) 1 4,379 2,962 3,511 3,045 931.6 1,905 1,839 1,745
P/E ratio 15.4 x 16.6 x 7.07 x 7.66 x 48.1 x -18.3 x 12 x -
Yield 4.47% 5.64% 6.05% 9.59% - - 7.34% 14.7%
Capitalization / Revenue 0.55 x 0.4 x 0.47 x 0.31 x 0.22 x 0.16 x 0.16 x 0.15 x
EV / Revenue 0.97 x 0.61 x 0.73 x 0.65 x 0.22 x 0.55 x 0.52 x 0.47 x
EV / EBITDA 7.64 x 5.39 x 6.53 x 5.56 x 2.26 x 6.04 x 4.81 x -
EV / FCF 15.7 x -10.4 x -16.1 x 45 x - 31.9 x 11.2 x -
FCF Yield 6.38% -9.61% -6.23% 2.22% - 3.13% 8.92% -
Price to Book 1.44 x 1.15 x 1.2 x 0.74 x - 0.31 x 0.3 x 0.3 x
Nbr of stocks (in thousands) 55,314 54,909 55,325 55,492 55,288 55,261 - -
Reference price 2 44.78 35.46 41.34 26.06 16.85 10.22 10.22 10.22
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,499 4,855 4,836 4,704 4,273 3,491 3,539 3,744
EBITDA 1 572.9 549.7 537.9 547.4 412 315.4 382.6 -
EBIT 1 353.2 285.3 370.6 366.6 246 86.4 182.8 214
Operating Margin 7.85% 5.88% 7.66% 7.79% 5.76% 2.48% 5.17% 5.72%
Earnings before Tax (EBT) 1 272.9 199.8 440.2 300.3 137 184 156 -
Net income 1 160.7 118.1 324.9 187.8 19 -31.3 85.2 -
Net margin 3.57% 2.43% 6.72% 3.99% 0.44% -0.9% 2.41% -
EPS 2 2.900 2.140 5.850 3.400 0.3500 -0.5600 0.8550 -
Free Cash Flow 1 279.5 -284.7 -218.6 67.6 - 59.67 164 -
FCF margin 6.21% -5.86% -4.52% 1.44% - 1.71% 4.63% -
FCF Conversion (EBITDA) 48.79% - - 12.35% - 18.92% 42.86% -
FCF Conversion (Net income) 173.93% - - 36% - - 192.46% -
Dividend per Share 2 2.000 2.000 2.500 2.500 - - 0.7500 1.500
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1
Net sales 1 - 1,716 2,064 1,013 1,548 895 1,069 1,964 991 1,750 - 895 1,148 2,043 915 1,315 - 770
EBITDA - 163.5 - - - - - - - - - - - - - - - -
EBIT 227.8 50.2 136 - - - - 110.1 - - 256 - - 82.3 - - 163.7 -
Operating Margin - 2.93% 6.59% - - - - 5.61% - - - - - 4.03% - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - - - - -
Net income - 6.6 283.2 - - - - 59 - - - - - - - - - -
Net margin - 0.38% 13.72% - - - - 3% - - - - - - - - - -
EPS - - - - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - -
Announcement Date 2/25/20 7/28/20 7/27/21 10/26/21 2/23/22 4/27/22 7/27/22 7/27/22 10/26/22 2/22/23 2/22/23 4/26/23 7/26/23 7/26/23 10/25/23 2/28/24 2/28/24 -
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,902 1,015 1,224 1,599 - 1,340 1,274 1,180
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.32 x 1.847 x 2.276 x 2.921 x - 4.25 x 3.33 x -
Free Cash Flow 1 279 -285 -219 67.6 - 59.7 164 -
ROE (net income / shareholders' equity) 9.18% 6.79% 17.8% 9.62% - - 4.1% 6.5%
ROA (Net income/ Total Assets) 2.06% - - 5.47% - - 1% 1.6%
Assets 1 7,794 - - 3,436 - - 8,520 -
Book Value Per Share 2 31.10 30.80 34.40 35.20 - 33.00 34.30 34.10
Cash Flow per Share 2 6.000 -2.980 5.760 6.770 - 1.350 2.830 -
Capex 1 68.8 73.4 53.4 68.8 - 70 66.7 70
Capex / Sales 1.53% 1.51% 1.1% 1.46% - 2.01% 1.88% 1.87%
Announcement Date 2/25/20 2/24/21 2/23/22 2/22/23 2/28/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
10.22 EUR
Average target price
15.78 EUR
Spread / Average Target
+54.40%
Consensus

Quarterly revenue - Rate of surprise