View ValuationNexans 将来の成長Future 基準チェック /36Nexansの収益は年間0.8%で減少すると予測されていますが、年間利益は年間24.4%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に18% 23.8%なると予測されています。主要情報24.3%収益成長率23.79%EPS成長率Electrical 収益成長14.2%収益成長率-0.8%将来の株主資本利益率17.99%アナリストカバレッジGood最終更新日08 Jul 2026今後の成長に関する最新情報Major Estimate Revision • Oct 24Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.38b to €7.03b. EPS estimate rose from €10.29 to €11.61. Net income forecast to shrink 9.3% next year vs 9.8% growth forecast for Electrical industry in France . Consensus price target of €133 unchanged from last update. Share price was steady at €121 over the past week.Price Target Changed • Aug 04Price target increased by 7.1% to €126Up from €117, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €128. Stock is up 15% over the past year. The company is forecast to post earnings per share of €9.48 for next year compared to €6.39 last year.Major Estimate Revision • Jul 31Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.32b to €7.23b. EPS estimate rose from €6.96 to €8.49. Net income forecast to grow 66% next year vs 5.5% decline forecast for Electrical industry in France. Consensus price target up from €119 to €124. Share price rose 4.9% to €127 over the past week.すべての更新を表示Recent updatesライブニュース • Jul 06Nexans Secures Five-Year Low-Carbon Aluminium Supply for European Grid ProjectsNexans has signed a five-year agreement with Hydro to secure about 85,000 tonnes of low-carbon aluminium wire rod, produced using 100% renewable energy in Norway, to support Europe’s grid modernisation projects. The deal locks in long-term access to low-carbon materials for electricity infrastructure, aligning Nexans’ cable business with Europe’s energy transition priorities and aiming to strengthen supply security for growing grid investment needs. Nexans’ share price is around €141.20, with the stock up about 10.1% year to date, while this supply agreement adds further visibility on a key input for its European operations. This kind of long-term, low-carbon supply contract can matter for Nexans’ margins and project execution risk, since aluminium is a core raw material and grid work often runs on multi-year timetables.ライブニュース • Jul 04Nexans Sells Autoelectric Wiring Business to Motherson for €207 Million CompletionNexans has completed the sale of its Autoelectric wiring harness business to Samvardhana Motherson International for an enterprise value of €207 million, with Autoelectric to be deconsolidated from Nexans as of 1 July 2026. The deal removes Nexans’ last non-electrification activity, following a portfolio rotation started in 2021, and shifts a business that generated about €708 million in annual sales and employed nearly 13,000 people outside the group perimeter. Nexans shares trade at €142.00, with the stock up 10.7% year to date. This transaction simplifies Nexans’ profile into a pure electrification company and frees capital that can be redirected to its core grid and electrification activities. It also means the group will no longer consolidate a sizeable revenue contributor once the deconsolidation takes effect.Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €138. The fair value is estimated to be €175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.ナラティブの更新 • Jun 29NEX: Higher Margins And Revenue Mix Will Drive Future Re RatingNexans’ analyst fair value estimate has been lifted from €179 to €190, as analysts refresh their price targets after a series of upward revisions from major brokers and updated assumptions around revenue trends, margins, and future P/E levels. Analyst Commentary Recent research on Nexans reflects a cluster of upbeat views, with several bullish analysts refreshing their models and price targets.Buy Or Sell Opportunity • Jun 17Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €153. The fair value is estimated to be €126, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to decline by 0.4% per annum. Earnings are forecast to grow by 25% per annum over the same time period.ナラティブの更新 • Jun 15NEX: Recent Repricing And U S Expansion Will Likely Cap Future UpsideNexans' analyst fair value estimate has moved from about €104.50 to roughly €132.00, with analysts pointing to updated views on revenue trends, profit margins and P/E assumptions following a series of recent price target increases from major banks. Analyst Commentary Recent Street research on Nexans has centred on updated price targets and refreshed coverage, feeding directly into the higher analyst fair value estimate.お知らせ • Jun 03Nexans S.A. (ENXTPA:NEX) completed the acquisition of Republic Wire, Inc. from a family.Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million on April 27, 2026. The transaction represents a total enterprise value of €680 million, with a further earn-out of up to €43 million potentially payable in 2028 based on performance through year end 2027. The transaction will be financed through a combination of debt and existing cash on balance sheet. Over the 12 month period through February 2026, Republic Wire generated €520 million in current revenue. The current management team, led by Ron and Jeremy Rosenbeck, is remaining in place and will continue to drive the business performance. Following completion, Republic Wire's experienced management team will continue to lead the business. Nexans expects to maintain Republic Wire's operations at its existing Ohio facilities. The transaction is expected to close early in the third quarter of 2026, subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to be immediately EPS accretive before synergies. PJT Partners LP acted as financial advisor for Nexans S.A. Kimberly Petillo-Dcossard, Mark Gidley, Heather Greenfield of Joseph Rosati White & Case LLP acted as legal advisor for Nexans S.A. Jeremy Hayden, Ben Helwig, Ralph Caruso, Ben Hager of Taft Stettinius & Hollister LLP acted as a Legal advisor and Deloitte Corporate Finance LLC acted as a financial advisor for Republic Wire, Inc. 3CRE served as real estate adviser to Republic Wire, Inc. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Republic Wire, Inc. from a family on June 1, 2026.ライブニュース • Jun 02Nexans Expands North American Reach With Republic Wire AcquisitionNexans has completed the acquisition of U.S.-based Republic Wire, expanding its footprint in the low-voltage cable segment. The deal significantly increases Nexans’ industrial and commercial platform in North America. Management positions the transaction as a key step in its long-term electrification growth strategy. This acquisition gives Nexans a larger presence in the U.S. low-voltage market, which the company describes as attractive and fast growing, and broadens its customer and product reach in North America. Investors may want to watch how integration progresses and whether Nexans discloses any new financial targets or cost synergies tied to the Republic Wire deal.ナラティブの更新 • Jun 01NEX: Fair Outlook Weighs Grid Execution Risks Against Offshore Capacity ExpansionNexans' updated analyst price target has moved from about €138 to around €163, with analysts pointing to refreshed coverage, higher Street targets, and a slightly stronger profit margin outlook supported by recent upgrades and re-initiations. Analyst Commentary Bullish and cautious views on Nexans are both showing up in recent research, with several firms updating ratings and targets in quick succession.お知らせ • May 23Nexans S.A. Announces Appointment of Independent DirectorsNexans S.A. at Annual Shareholders' Meeting, held on May 21, 2026, approved appointment of Antonio Cammisecra and Thierry Fournier as independent Directors.Upcoming Dividend • May 18Upcoming dividend of €2.90 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of French dividend payers (5.6%). Higher than average of industry peers (1.6%).お知らせ • May 17Nexans Receives Clearance from US Federal Trade Commission for Republic Wire AcquisitionNexans announced that it has received notification from the Premerger Notification Office of the US Federal Trade Commission of early termination of the Hart-Scott-Rodino waiting period for its proposed acquisition of Republic Wire Inc. Early termination permits Nexans to proceed with the proposed acquisition of 100% of the share capital of Republic Wire Inc.ナラティブの更新 • May 03NEX: European Grid Contracts And Higher P E Will Drive Re RatingNexans' fair value estimate has shifted from €170 to €179. Analysts attribute this change to recent price target increases from several banks, supported by expectations for steadier margins and a slightly higher future P/E multiple.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €158, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Electrical industry in France. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €130 per share.お知らせ • Apr 29Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million.Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million on April 27, 2026. The transaction represents a total enterprise value of €680 million, with a further earn-out of up to €43 million potentially payable in 2028 based on performance through year end 2027. The transaction will be financed through a combination of debt and existing cash on balance sheet. Over the 12 month period through February 2026, Republic Wire generated €520 million in current revenue. The current management team, led by Ron and Jeremy Rosenbeck, is remaining in place and will continue to drive the business performance. Following completion, Republic Wire's experienced management team will continue to lead the business. Nexans expects to maintain Republic Wire's operations at its existing Ohio facilities. The transaction is expected to close early in the third quarter of 2026, subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to be immediately EPS accretive before synergies. PJT Partners LP acted as financial advisor for Nexans S.A. White & Case LLP acted as legal advisor for Nexans S.A.Buy Or Sell Opportunity • Apr 28Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to €148. The fair value is estimated to be €118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 18% per annum over the same time period.ナラティブの更新 • Apr 18NEX: European Grid Expansion And Cyclical Recovery Will Drive Future Re RatingAnalysts kept Nexans' fair value estimate steady at €170 per share while refining assumptions around discount rate, growth and margins, with recent price target moves from €132 to €157 reflecting a focus on European grid strength and a potential cyclical recovery in Europe. Analyst Commentary Recent research points to a more constructive stance on Nexans, with several price target revisions and rating changes centering on the same core theme: the company’s exposure to European grid investment and a possible cyclical pickup in Europe.お知らせ • Apr 07Nexans S.A., Annual General Meeting, May 21, 2026Nexans S.A., Annual General Meeting, May 21, 2026.Reported Earnings • Apr 06Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €4.91 (up from €3.75 in FY 2024). Revenue: €7.81b (up 13% from FY 2024). Net income: €214.0m (up 31% from FY 2024). Profit margin: 2.7% (up from 2.4% in FY 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.ナラティブの更新 • Apr 04NEX: European Grid Recovery Theme Will Drive Future Re Rating PotentialAnalysts have lifted the Nexans price target by €25 to €157, with the change framed around views that recent share weakness contrasts with what they see as solid European grid demand and a cyclical recovery in Europe. Updated assumptions show a slightly lower discount rate, a stable €170 fair value, modestly adjusted revenue expectations, and a small improvement in forecast profit margins and future P/E.ナラティブの更新 • Mar 20NEX: European Grid Recovery Theme Will Support Future Upside PotentialAnalysts have lifted the Nexans fair value estimate from €165 to €170, reflecting updated assumptions on discount rate, revenue trends and profit margins, alongside recent Street research that points to renewed interest in the European grid and a cyclical recovery theme. Analyst Commentary Recent Street research on Nexans shows a clear split between cautious and more optimistic views, but the latest changes from bullish analysts align with the higher fair value estimate of €170.ナラティブの更新 • Mar 06NEX: European Grid Exposure And Enedis Contract Will Support Future UpsideAnalysts have nudged their price expectations for Nexans higher to €157 from €132, citing the recent upgrade in rating and a view that the market weakness does not fully reflect the company’s exposure to the European grid and a potential cyclical recovery in the region. Analyst Commentary Recent research on Nexans has shifted toward a more constructive tone, with bullish analysts flagging what they see as a mismatch between the share price and the company’s exposure to European grid projects and a possible cyclical pickup in the region.お知らせ • Feb 28Nexans Announces Resignation of Oscar Hasbún Martínez as Director and Chairman of the Strategy and Sustainable Development Committee, Effective May 20, 2026Nexans announced the resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans, effective May 20, 2026. His resignation also entails the end of his duties as chairman of the Strategy and Sustainable Development Committee. This resignation comes in the context of the reduction of Invexans Limited's stake in Nexans' share capital. Mr. Hasbún Martínez has been serving as the chairman of the Strategy and Sustainable Development Committee since his appointment in May 2019.お知らせ • Feb 25+ 1 more updateNexans S.A. has filed a Follow-on Equity Offering.Nexans S.A. has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,200,000 Transaction Features: Subsequent Direct ListingDeclared Dividend • Feb 22Dividend increased to €2.90Dividend of €2.90 is 12% higher than last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 22Full year 2025 earnings released: EPS: €4.91 (vs €6.39 in FY 2024)Full year 2025 results: EPS: €4.91 (down from €6.39 in FY 2024). Revenue: €7.81b (down 8.6% from FY 2024). Net income: €214.0m (down 23% from FY 2024). Profit margin: 2.7% (down from 3.3% in FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 20Nexans S.A. announces Annual dividend, payable on May 27, 2026Nexans S.A. announced Annual dividend of EUR 2.9000 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.ナラティブの更新 • Feb 19NEX: Enedis Contract Will Support Higher Margins And Strengthen Long Term OutlookAnalysts have lifted their fair value estimate for Nexans to €165 from €160, citing updated assumptions around discount rates, revenue trends, margins, future P/E, and recent positive revisions to Street price targets. Analyst Commentary Recent Street research has tilted more positive on Nexans, with bullish analysts pointing to updated assumptions on valuation multiples and supported price targets as reasons for a more constructive stance on the shares.お知らせ • Feb 19+ 2 more updatesNexans S.A. to Report Q1, 2026 Results on Apr 28, 2026Nexans S.A. announced that they will report Q1, 2026 results on Apr 28, 2026ナラティブの更新 • Feb 05NEX: Fair Outlook Balances Higher Price Expectations And Execution RisksNexans' analyst price target has been revised higher to around €138 from about €134, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, supported by recent target increases and rating changes in Street research. Analyst Commentary Recent Street research on Nexans points to a mix of optimism around valuation upside and balanced caution on execution and risk, reflected in higher price targets and an upgraded rating from at least one major bank.お知らせ • Jan 22Nexans Announces Resignation of José Francisco Pérez Mackenna as Director, Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee, Effective February 1, 2026Nexans announced the resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans, effective February 1, 2026. His resignation also entails his departure from the Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee. Mr. Pérez Mackenna has informed Nexans that he has accepted an invitation to join the Government of the Republic of Chile as Minister of Foreign Affairs.ナラティブの更新 • Jan 22NEX: Higher P E Assumptions Will Likely Limit Future UpsideNarrative Update: Nexans Analysts have nudged their fair value estimate for Nexans higher from €100.00 to about €104.50, citing recent price target increases and rating changes that reflect updated views on discount rates, revenue trends, margins and future P/E assumptions. Analyst Commentary Recent research on Nexans highlights a mix of optimism and caution, with several firms fine tuning their views on the stock.お知らせ • Jan 15Nexans Announces A New Executive Committee Organization, Effective January 15, 2026Nexans announced a new Executive Committee structure, effective January 15, 2026, comprised of 13 executive members. The new appointments include Nino Cusimano as Chief Legal Officer & Corporate Development Officer; Guillaume Eymery as Chief Strategy & Purchasing Officer; Séverine Grosjean as Chief Human Resources and ESG Officer; Vijay Mahadevan as Executive Managing Director Europe; Luis Ernesto Silva as Managing Director South America; Atilla Kurtis as Managing Director Middle East and Africa; Tim King as Managing Director North America; Vincent Dessale as Managing Director APAC; Pascal Radue as Senior Executive Vice President PWR-Transmission; Vincent Dessale as Chief Executive Markets & Commercial Officer; Elena Fedotova as Chief Business Development Officer Data center & Grid & Connect large projects; and Vijay Mahadevan (acting) as Chief Operations Officer. The new Executive Committee is designed to foster collective success, streamline industrial operations, and anchor a culture of excellence across the Group.分析記事 • Dec 22Is It Too Late To Consider Buying Nexans S.A. (EPA:NEX)?Nexans S.A. ( EPA:NEX ), might not be a large cap stock, but it received a lot of attention from a substantial price...お知らせ • Dec 19Nexans S.A. (ENXTPA:NEX) completed the acquisition of Electro Cables Inc.Nexans S.A. (ENXTPA:NEX) signature of an agreement to acquire Electro Cables Inc. on October 23, 2025. The acquisition will be fully financed in cash. For the period ending July 31, 2025, Electro Cables Inc. reported total sales of €125 million. The transaction is subject to Canadian regulatory approvals and satisfaction of other customary closing conditions. Closing of the transaction is expected to occur in first half of 2026. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Electro Cables Inc. on December 17, 2025.お知らせ • Nov 26Nexans Appoints Vincent Piquet as Chief Financial Officer, Effective January 19, 2026Nexans announced the appointment of Vincent Piquet as Chief Financial Officer, effective January 19, 2026. He will join the Nexans Executive Committee and will be based in Paris. Vincent brings comprehensive experience across the full scope of the Finance function, spanning operational performance optimization, functional and strategic transformation, as well as substantial exposure to Board-level matters and investors relations. His career has taken him to ten countries, and into highly diverse businesses and organizations, often operating in volatile and fast-changing environments. Vincent joined the Renault Group in 2019 and currently serves as Chief Financial Officer of Ampere, Renault's subsidiary dedicated to electric vehicles and software. Previously, he worked at GE from 2000 to 2019, where he started in internal audit before being promoted successively to Chief Financial Officer of GE Healthcare EAGM (Istanbul), Managing Director of Global Operations for Europe (London), Global Chief Financial Officer of the Oil and Gas Division (London), and Chief Financial Officer of Turbo Machine and Process Solutions (Florence). Vincent is a graduate of ESCP Business School.Major Estimate Revision • Oct 24Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.38b to €7.03b. EPS estimate rose from €10.29 to €11.61. Net income forecast to shrink 9.3% next year vs 9.8% growth forecast for Electrical industry in France . Consensus price target of €133 unchanged from last update. Share price was steady at €121 over the past week.Buy Or Sell Opportunity • Oct 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to €119. The fair value is estimated to be €96.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.8% per annum. Earnings are also forecast to decline by 5.5% per annum over the same time period.お知らせ • Oct 13Nexans S.A. Announces Chief Executive Officer ChangesNexans S.A. announced that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with Christopher Guérin. These decisions will take effect immediately; Christopher will be available to Julien until October 31st, 2025. Julien Hueber, a 55-year-old French citizen, is the Executive Managing Director of PWR Grid & Connect Europe, a EUR 2.6 billion and 23 manufacturing plants business. Julien, a member of the Executive Committee since 2018, joined Nexans in 2002. He has solid experience in supply chain and purchasing, in-depth knowledge of the Asia-Pacific region, particularly China and South Korea, where he spent several years leading the Asia-Pacific region. He then took charge of the global "Industrial Cables – Industry Solutions & Projects" business. The Board determined that Julien Hueber’s experience, skills and personality made him the perfect candidate to lead the Company, notably his extensive knowledge of Nexans, recognized leadership, and strong track record in setting a vision, defining and driving the execution of the strategy and executing the roadmap. His appointment was warmly endorsed by the Board of Directors. The Board would like to express its deep gratitude to Christopher Guérin for his exceptional contribution to Nexans, and in particular during his 7 years as Chief Executive Officer. Beyond the strong financial results, Christopher has profoundly transformed Nexans into a focused leader in sustainable Electrification, giving meaning and direction to its mission. He has brought innovation, responsibility, and simplicity to the heart of the company, while restoring confidence across teams worldwide. His leadership and passion have left a lasting mark on the Group and its people.分析記事 • Sep 25Is Nexans (EPA:NEX) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • Sep 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to €135. The fair value is estimated to be €112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.3% per annum. Earnings are also forecast to decline by 3.9% per annum over the same time period.ナラティブの更新 • Sep 11Electrification And Renewables Will Shape Future InfrastructureAnalysts have raised Nexans’ price target to €133.79, citing strong order backlog growth, increased confidence in mid-term demand, and improved operational resilience. Analyst Commentary Bullish analysts highlight Nexans' strong return to growth in order backlog as a driver for increased confidence.分析記事 • Aug 31Why Investors Shouldn't Be Surprised By Nexans S.A.'s (EPA:NEX) Low P/EWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider...ナラティブの更新 • Aug 27Electrification And Renewables Will Shape Future InfrastructureAnalysts have raised their price target for Nexans to €130.71, citing stronger backlog growth, improved medium-term visibility, and operational gains that enhance confidence in earnings power and market share potential. Analyst Commentary Improved backlog growth, signaling a return to top-line momentum.Buy Or Sell Opportunity • Aug 19Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to €141. The fair value is estimated to be €116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.2% per annum. Earnings are also forecast to decline by 5.2% per annum over the same time period.分析記事 • Aug 17Do Nexans' (EPA:NEX) Earnings Warrant Your Attention?ENXTPA:NEX 1 Year Share Price vs Fair Value Explore Nexans's Fair Values from the Community and select yours For...Price Target Changed • Aug 04Price target increased by 7.1% to €126Up from €117, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €128. Stock is up 15% over the past year. The company is forecast to post earnings per share of €9.48 for next year compared to €6.39 last year.New Risk • Aug 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Major Estimate Revision • Jul 31Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.32b to €7.23b. EPS estimate rose from €6.96 to €8.49. Net income forecast to grow 66% next year vs 5.5% decline forecast for Electrical industry in France. Consensus price target up from €119 to €124. Share price rose 4.9% to €127 over the past week.お知らせ • Jul 30+ 2 more updatesNexans S.A. to Report Fiscal Year 2025 Results on Feb 19, 2026Nexans S.A. announced that they will report fiscal year 2025 results on Feb 19, 2026Buy Or Sell Opportunity • Jul 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €119. The fair value is estimated to be €97.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to decline by 2.3% per annum. Earnings are forecast to grow by 8.9% per annum over the same time period.お知らせ • Jul 01Latour Capital Management SAS completed the acquisition of Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX).Latour Capital Management SAS entered into exclusive negotiations to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) for an enterprise value of €525 million on March 17, 2025. The transaction has approved by the European Commission on May 13, 2025. Rothschild Martin Maurel led by Nicolas Bonnault acted as financial advisor for Latour Capital Management SAS. Arthur de Baudry d' Asson, Nicolas Lovas, Charles Filleux-Pommerol and Camille Paulhac of Paul Hastings France acted as legal advisor for Latour Capital Management SAS. Weil, Gotshal & Manges LLP, Paris led by Jean-Christophe David acted as legal advisor for Latour Capital Management SAS. The Boston Consulting Group Et Cie led by Olivier Scalabre, Guillaume Vernier acted as due diligence provider for Latour Capital Management SAS. The Boston Consulting Group, Inc. led by Florian Kahn acted as due diligence provider for Latour Capital Management SAS. Interpath (France) SAS led by Florent Steck acted as due diligence provider for Latour Capital Management SAS.J.P. Morgan Securities Plc - Paris Branch acted as financial advisor for Nexans S.A. Bredin Prat & Associes acted as legal advisor for Nexans S.A. Romain Franzetti, Angélique Vibert, Pierre Bouley and Annaelle Lousquy of Berrylaw acted as legal advisor for Latour Capital Management SAS. Latour Capital Management SAS completed the acquisition of Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) on June 30, 2025.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €111, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electrical industry in France. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €128 per share.お知らせ • Jun 03Nexans S.A. (ENXTPA:NEX) acquired Cables RCT, S.A.U.Nexans S.A. (ENXTPA:NEX) acquired Cables RCT, S.A.U. on June 2, 2025. Cables RCT has generated revenue of €133 million in 2024. Cables RCT’s experienced management team will continue to drive future growth. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Cables RCT, S.A.U. on June 2, 2025.お知らせ • May 14Latour Capital Management SAS agreed to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX).Latour Capital Management SAS agreed to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) on May 13, 2025. The transaction has approved by the European Commission.Upcoming Dividend • May 12Upcoming dividend of €2.60 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (1.9%).お知らせ • Apr 30Nexans S.A. to Report First Half, 2025 Results on Jul 30, 2025Nexans S.A. announced that they will report first half, 2025 results on Jul 30, 2025お知らせ • Apr 29Nexans S.A. to Report Q1, 2025 Results on Apr 30, 2025Nexans S.A. announced that they will report Q1, 2025 results at 7:00 AM, Central European Standard Time on Apr 30, 2025お知らせ • Apr 11Nexans S.A. to Report Q3, 2025 Results on Oct 23, 2025Nexans S.A. announced that they will report Q3, 2025 results on Oct 23, 2025New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).お知らせ • Apr 04Nexans S.A., Annual General Meeting, May 15, 2025Nexans S.A., Annual General Meeting, May 15, 2025. Location: le vinci 4 allee de l arche, courbevoie FranceDeclared Dividend • Apr 04Dividend increased to €2.60Dividend of €2.60 is 13% higher than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 04Nexans S.A. announces Annual dividend, payable on May 21, 2025Nexans S.A. announced Annual dividend of EUR 2.6000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.Reported Earnings • Mar 31Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.39 (up from €5.07 in FY 2023). Revenue: €8.55b (up 9.7% from FY 2023). Net income: €279.0m (up 26% from FY 2023). Profit margin: 3.3% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 6.7%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 21Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.39 (up from €5.07 in FY 2023). Revenue: €8.55b (up 9.7% from FY 2023). Net income: €279.0m (up 26% from FY 2023). Profit margin: 3.3% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.お知らせ • Jan 21Nexans Announces New Organization to Support New Stage of Its DevelopmentNexans announces a new organizational structure, effective from 17 January 2025 under the leadership of Christopher Guérin, Chief Executive Officer. This change is designed to accelerate profitable growth, and aligns with the Group’s ambitions outlined during the recent Capital Markets Day. The new organization positions the Group for the next strategic cycle, and drives innovation in PWR-Grid and PWR-Connect markets. This region-based structure places strong focus on enhanced customer experience and addresses the evolving needs of clients. The new Executive Committee encompasses 15 executive members. This leadership team aims to better adapt and reflect Nexans’ business, commercial, and industrial priorities. Detailed composition of the Executive Committee:CEO Office: Christopher Guérin, Chief Executive Officer; Jean-Christophe Juillard, Deputy Chief Executive Officer; Vincent Dessale, Senior Executive Vice President, Strategic projects and Key accounts. Business Segment: PWR-Transmission, led by Pascal Radue, Senior Executive Vice President PWR-Transmission.PWR-Grid and PWR-Connect Market Divisions (new): PWR-Grid, led by Elyette Roux, Executive Vice President PWR-Grid & Accessories; PWR-Connect, led by Christopher Guérin (interim). PWR-Grid & Connect Regions (new): Europe, led by Julien Hueber, Executive Managing Director PWR-Grid & Connect Europe; South America, led by Luis Ernesto Silva, Managing Director PWR-Grid & Connect South America; (new appointment). Middle East & Africa, led by Atilla Kurtis, Managing Director PWR-Grid & Connect Middle East and Africa; (new appointment). North America, led by Tim King, Managing Director PWR-Grid & Connect North America; (new appointment). Asia Pacific, led by Donny Yu, Managing Director PWR-Grid & Connect Asia Pacific. (new appointment).Group Functions: Chief Financial Officer, Jean-Christophe Juillard; Chief Legal Officer and Secretary General, Nino Cusimano; Chief Human Resources and ESG Officer, Séverine Grosjean; Chief Operations Officer, Vijay Mahadevan (new appointment); Chief Strategy, Innovation and Digital Officer, Guillaume Eymery (new appointment).新しいナラティブ • Dec 11Great Sea Interconnector And Copper Recycling Investments Propel Revenue And Margins Significant investment in copper recycling and electrification projects aligns with revenue growth and enhanced margins via new revenue streams and margin-focused growth. お知らせ • Nov 08Nexans Announces the Business Separation of Its Specialty Industrial Cable Operations, Now LynxeoNexans announced the business separation of its specialty industrial cable operations formerly Nexans Industry Solutions & Projects now named Lynxeo, part of the Nexans group. The move will allow Lynxeo to further enhance its role in critical industrial segments. With a heritage of than 100 years serving industrial champions, Lynxeo boasts a global manufacturing presence in Europe Asia, and the United States of America.Buy Or Sell Opportunity • Oct 30Now 21% undervaluedOver the last 90 days, the stock has risen 11% to €128. The fair value is estimated to be €163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.Buy Or Sell Opportunity • Oct 10Now 21% undervaluedOver the last 90 days, the stock has risen 21% to €128. The fair value is estimated to be €163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.お知らせ • Oct 09Nexans Launches Unique Cable Recycling and Recovery Service in France and Europe: CABLELOOPNexans is launching a unique cable recycling and recovery service in France and Europe: CABLELOOP. Nexans is stepping up its recycling strategy to support the energy transition and address the growing copper shortage. This necessary transformation is creating an opportunity for Nexans to set itself apart in the sector by leveraging its unique capabilities and agility. The company is launching its turnkey CableLoop service: collecting installation cable off-cuts and transporting them to the recycling centre, and then transforming the waste into recycled raw materials. A pioneer in electrification, the Group aims to use a minimum of 30% recycled copper in the manufacturing of its cables by 2030. At a time when demand for electricity is set to increase by 35% by 2050, and the world is heading for a risk of shortages of raw materials - including copper, Nexans is strengthening its key role as a player in the circular economy to speed up the energy and climate transition. By actively investing in the recycling of non-ferrous metals, Nexans is promoting the creation of a sustainable cycle geared towards decarbonized energy: extended life cycles, reuse and recycling will contribute to a circular economy, reducing the use of virgin resources and lowering the carbon footprint created by the electrification of activities. Nexans already recycles over 40,000 metric tons of its own production waste every year. In Europe, this cable sorting and recovery process is partly carried out through the RecyCables joint venture created with Suez in Noyelles-Godault (northwestern France). As well as guaranteeing product traceability, local processing avoids the need to export large quantities of waste from France. With 60 years' experience in recycling cable waste, Nexans is stepping up its circular economy strategy and is launching CableLoop, a unique recycling and recovery service for cable offcuts. Nexans buys used cables - end of construction site electrical wires or obsolete industrial cables, and transforms them into valuable, infinitely reusable resources for its partners, customers, suppliers and the cable industry. Two versions of the service are available: CABLELOOP Enterprises: the service for companies via on-site collection. CABLELOOP Professionals: a new service offered by specialized distributors, for professional customers and electricians who can return their used cables to their branch. With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025 and to expand this circular model by developing waste collection and recovery from the industrial ecosystem and from its electrical equipment installation and distribution partners in France and Europe. Nexans will offer tailor-made logistics solutions and simplified, autonomous waste management on a 24-hour web platform together with traceability of the entire chain of operations.Buy Or Sell Opportunity • Sep 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €124. The fair value is estimated to be €99.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Buy Or Sell Opportunity • Aug 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to €119. The fair value is estimated to be €98.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.Reported Earnings • Jul 26First half 2024 earnings released: EPS: €3.98 (vs €3.03 in 1H 2023)First half 2024 results: EPS: €3.98 (up from €3.03 in 1H 2023). Revenue: €4.22b (up 5.4% from 1H 2023). Net income: €174.0m (up 32% from 1H 2023). Profit margin: 4.1% (up from 3.3% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jul 25New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Jul 24Nexans S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025Nexans S.A. announced that they will report fiscal year 2024 results on Feb 19, 2025業績と収益の成長予測ENXTPA:NEX - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20287,493467545871412/31/20277,164383444772512/31/20266,579308282679512/31/20257,810214464847N/A6/30/20259,018477598946N/A3/31/20258,782378498861N/A12/31/20246,917164457776N/A9/30/20248,276271315714N/A6/30/20248,005263232652N/A3/31/20247,898242278676N/A12/31/20237,790221323700N/A9/30/20237,913201366715N/A6/30/20238,036180409729N/A3/31/20238,203213328637N/A12/31/20228,369245246544N/A9/30/20228,175263189456N/A6/30/20227,981280132368N/A3/31/20227,678222164385N/A12/31/20217,374164195401N/A9/30/20217,068189141352N/A6/30/20216,76121487302N/A3/31/20216,370146159379N/A12/31/20205,97978231456N/A9/30/20206,1189381599N/A6/30/20206,256-61531742N/A3/31/20206,496-91297521N/A12/31/20196,735-12262300N/A9/30/20196,688-132N/A274N/A6/30/20196,640-142N/A248N/A3/31/20196,565-64N/A256N/A12/31/20186,49014N/A263N/A9/30/20186,46848N/A212N/A6/30/20186,44681N/A160N/A3/31/20186,408107N/A163N/A12/31/20176,370132N/A165N/A9/30/20176,220127N/A164N/A6/30/20176,069122N/A162N/A3/31/20175,94292N/A146N/A12/31/20165,81461N/A130N/A9/30/20165,867-22N/A274N/A6/30/20165,919-106N/A418N/A3/31/20166,079-150N/A499N/A12/31/20156,239-194N/A580N/A9/30/20156,349-222N/A451N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: NEXの予測収益成長率 (年間24.4% ) は 貯蓄率 ( 2.5% ) を上回っています。収益対市場: NEXの収益 ( 24.4% ) はFrench市場 ( 12.4% ) よりも速いペースで成長すると予測されています。高成長収益: NEXの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: NEXの収益は今後 3 年間で減少すると予想されています (年間-0.8% )。高い収益成長: NEXの収益は今後 3 年間で減少すると予測されています (年間-0.8% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: NEXの 自己資本利益率 は、3年後には低くなると予測されています ( 18 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/08 14:01終値2026/07/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nexans S.A. 7 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25 アナリスト機関David VosBarclaysXin WangBarclaysGeorge FeatherstoneBarclays22 その他のアナリストを表示
Major Estimate Revision • Oct 24Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.38b to €7.03b. EPS estimate rose from €10.29 to €11.61. Net income forecast to shrink 9.3% next year vs 9.8% growth forecast for Electrical industry in France . Consensus price target of €133 unchanged from last update. Share price was steady at €121 over the past week.
Price Target Changed • Aug 04Price target increased by 7.1% to €126Up from €117, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €128. Stock is up 15% over the past year. The company is forecast to post earnings per share of €9.48 for next year compared to €6.39 last year.
Major Estimate Revision • Jul 31Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.32b to €7.23b. EPS estimate rose from €6.96 to €8.49. Net income forecast to grow 66% next year vs 5.5% decline forecast for Electrical industry in France. Consensus price target up from €119 to €124. Share price rose 4.9% to €127 over the past week.
ライブニュース • Jul 06Nexans Secures Five-Year Low-Carbon Aluminium Supply for European Grid ProjectsNexans has signed a five-year agreement with Hydro to secure about 85,000 tonnes of low-carbon aluminium wire rod, produced using 100% renewable energy in Norway, to support Europe’s grid modernisation projects. The deal locks in long-term access to low-carbon materials for electricity infrastructure, aligning Nexans’ cable business with Europe’s energy transition priorities and aiming to strengthen supply security for growing grid investment needs. Nexans’ share price is around €141.20, with the stock up about 10.1% year to date, while this supply agreement adds further visibility on a key input for its European operations. This kind of long-term, low-carbon supply contract can matter for Nexans’ margins and project execution risk, since aluminium is a core raw material and grid work often runs on multi-year timetables.
ライブニュース • Jul 04Nexans Sells Autoelectric Wiring Business to Motherson for €207 Million CompletionNexans has completed the sale of its Autoelectric wiring harness business to Samvardhana Motherson International for an enterprise value of €207 million, with Autoelectric to be deconsolidated from Nexans as of 1 July 2026. The deal removes Nexans’ last non-electrification activity, following a portfolio rotation started in 2021, and shifts a business that generated about €708 million in annual sales and employed nearly 13,000 people outside the group perimeter. Nexans shares trade at €142.00, with the stock up 10.7% year to date. This transaction simplifies Nexans’ profile into a pure electrification company and frees capital that can be redirected to its core grid and electrification activities. It also means the group will no longer consolidate a sizeable revenue contributor once the deconsolidation takes effect.
Buy Or Sell Opportunity • Jul 02Now 21% undervaluedOver the last 90 days, the stock has risen 17% to €138. The fair value is estimated to be €175, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are also forecast to grow by 25% per annum over the same time period.
ナラティブの更新 • Jun 29NEX: Higher Margins And Revenue Mix Will Drive Future Re RatingNexans’ analyst fair value estimate has been lifted from €179 to €190, as analysts refresh their price targets after a series of upward revisions from major brokers and updated assumptions around revenue trends, margins, and future P/E levels. Analyst Commentary Recent research on Nexans reflects a cluster of upbeat views, with several bullish analysts refreshing their models and price targets.
Buy Or Sell Opportunity • Jun 17Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €153. The fair value is estimated to be €126, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to decline by 0.4% per annum. Earnings are forecast to grow by 25% per annum over the same time period.
ナラティブの更新 • Jun 15NEX: Recent Repricing And U S Expansion Will Likely Cap Future UpsideNexans' analyst fair value estimate has moved from about €104.50 to roughly €132.00, with analysts pointing to updated views on revenue trends, profit margins and P/E assumptions following a series of recent price target increases from major banks. Analyst Commentary Recent Street research on Nexans has centred on updated price targets and refreshed coverage, feeding directly into the higher analyst fair value estimate.
お知らせ • Jun 03Nexans S.A. (ENXTPA:NEX) completed the acquisition of Republic Wire, Inc. from a family.Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million on April 27, 2026. The transaction represents a total enterprise value of €680 million, with a further earn-out of up to €43 million potentially payable in 2028 based on performance through year end 2027. The transaction will be financed through a combination of debt and existing cash on balance sheet. Over the 12 month period through February 2026, Republic Wire generated €520 million in current revenue. The current management team, led by Ron and Jeremy Rosenbeck, is remaining in place and will continue to drive the business performance. Following completion, Republic Wire's experienced management team will continue to lead the business. Nexans expects to maintain Republic Wire's operations at its existing Ohio facilities. The transaction is expected to close early in the third quarter of 2026, subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to be immediately EPS accretive before synergies. PJT Partners LP acted as financial advisor for Nexans S.A. Kimberly Petillo-Dcossard, Mark Gidley, Heather Greenfield of Joseph Rosati White & Case LLP acted as legal advisor for Nexans S.A. Jeremy Hayden, Ben Helwig, Ralph Caruso, Ben Hager of Taft Stettinius & Hollister LLP acted as a Legal advisor and Deloitte Corporate Finance LLC acted as a financial advisor for Republic Wire, Inc. 3CRE served as real estate adviser to Republic Wire, Inc. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Republic Wire, Inc. from a family on June 1, 2026.
ライブニュース • Jun 02Nexans Expands North American Reach With Republic Wire AcquisitionNexans has completed the acquisition of U.S.-based Republic Wire, expanding its footprint in the low-voltage cable segment. The deal significantly increases Nexans’ industrial and commercial platform in North America. Management positions the transaction as a key step in its long-term electrification growth strategy. This acquisition gives Nexans a larger presence in the U.S. low-voltage market, which the company describes as attractive and fast growing, and broadens its customer and product reach in North America. Investors may want to watch how integration progresses and whether Nexans discloses any new financial targets or cost synergies tied to the Republic Wire deal.
ナラティブの更新 • Jun 01NEX: Fair Outlook Weighs Grid Execution Risks Against Offshore Capacity ExpansionNexans' updated analyst price target has moved from about €138 to around €163, with analysts pointing to refreshed coverage, higher Street targets, and a slightly stronger profit margin outlook supported by recent upgrades and re-initiations. Analyst Commentary Bullish and cautious views on Nexans are both showing up in recent research, with several firms updating ratings and targets in quick succession.
お知らせ • May 23Nexans S.A. Announces Appointment of Independent DirectorsNexans S.A. at Annual Shareholders' Meeting, held on May 21, 2026, approved appointment of Antonio Cammisecra and Thierry Fournier as independent Directors.
Upcoming Dividend • May 18Upcoming dividend of €2.90 per shareEligible shareholders must have bought the stock before 25 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of French dividend payers (5.6%). Higher than average of industry peers (1.6%).
お知らせ • May 17Nexans Receives Clearance from US Federal Trade Commission for Republic Wire AcquisitionNexans announced that it has received notification from the Premerger Notification Office of the US Federal Trade Commission of early termination of the Hart-Scott-Rodino waiting period for its proposed acquisition of Republic Wire Inc. Early termination permits Nexans to proceed with the proposed acquisition of 100% of the share capital of Republic Wire Inc.
ナラティブの更新 • May 03NEX: European Grid Contracts And Higher P E Will Drive Re RatingNexans' fair value estimate has shifted from €170 to €179. Analysts attribute this change to recent price target increases from several banks, supported by expectations for steadier margins and a slightly higher future P/E multiple.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €158, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 18x in the Electrical industry in France. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €130 per share.
お知らせ • Apr 29Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million.Nexans S.A. (ENXTPA:NEX) signed an agreement to acquire Republic Wire, Inc. from a family for €680 million on April 27, 2026. The transaction represents a total enterprise value of €680 million, with a further earn-out of up to €43 million potentially payable in 2028 based on performance through year end 2027. The transaction will be financed through a combination of debt and existing cash on balance sheet. Over the 12 month period through February 2026, Republic Wire generated €520 million in current revenue. The current management team, led by Ron and Jeremy Rosenbeck, is remaining in place and will continue to drive the business performance. Following completion, Republic Wire's experienced management team will continue to lead the business. Nexans expects to maintain Republic Wire's operations at its existing Ohio facilities. The transaction is expected to close early in the third quarter of 2026, subject to applicable regulatory approvals and other customary closing conditions. The transaction is expected to be immediately EPS accretive before synergies. PJT Partners LP acted as financial advisor for Nexans S.A. White & Case LLP acted as legal advisor for Nexans S.A.
Buy Or Sell Opportunity • Apr 28Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to €148. The fair value is estimated to be €118, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to decline by 1.7% per annum. Earnings are forecast to grow by 18% per annum over the same time period.
ナラティブの更新 • Apr 18NEX: European Grid Expansion And Cyclical Recovery Will Drive Future Re RatingAnalysts kept Nexans' fair value estimate steady at €170 per share while refining assumptions around discount rate, growth and margins, with recent price target moves from €132 to €157 reflecting a focus on European grid strength and a potential cyclical recovery in Europe. Analyst Commentary Recent research points to a more constructive stance on Nexans, with several price target revisions and rating changes centering on the same core theme: the company’s exposure to European grid investment and a possible cyclical pickup in Europe.
お知らせ • Apr 07Nexans S.A., Annual General Meeting, May 21, 2026Nexans S.A., Annual General Meeting, May 21, 2026.
Reported Earnings • Apr 06Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: €4.91 (up from €3.75 in FY 2024). Revenue: €7.81b (up 13% from FY 2024). Net income: €214.0m (up 31% from FY 2024). Profit margin: 2.7% (up from 2.4% in FY 2024). Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 7.2%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
ナラティブの更新 • Apr 04NEX: European Grid Recovery Theme Will Drive Future Re Rating PotentialAnalysts have lifted the Nexans price target by €25 to €157, with the change framed around views that recent share weakness contrasts with what they see as solid European grid demand and a cyclical recovery in Europe. Updated assumptions show a slightly lower discount rate, a stable €170 fair value, modestly adjusted revenue expectations, and a small improvement in forecast profit margins and future P/E.
ナラティブの更新 • Mar 20NEX: European Grid Recovery Theme Will Support Future Upside PotentialAnalysts have lifted the Nexans fair value estimate from €165 to €170, reflecting updated assumptions on discount rate, revenue trends and profit margins, alongside recent Street research that points to renewed interest in the European grid and a cyclical recovery theme. Analyst Commentary Recent Street research on Nexans shows a clear split between cautious and more optimistic views, but the latest changes from bullish analysts align with the higher fair value estimate of €170.
ナラティブの更新 • Mar 06NEX: European Grid Exposure And Enedis Contract Will Support Future UpsideAnalysts have nudged their price expectations for Nexans higher to €157 from €132, citing the recent upgrade in rating and a view that the market weakness does not fully reflect the company’s exposure to the European grid and a potential cyclical recovery in the region. Analyst Commentary Recent research on Nexans has shifted toward a more constructive tone, with bullish analysts flagging what they see as a mismatch between the share price and the company’s exposure to European grid projects and a possible cyclical pickup in the region.
お知らせ • Feb 28Nexans Announces Resignation of Oscar Hasbún Martínez as Director and Chairman of the Strategy and Sustainable Development Committee, Effective May 20, 2026Nexans announced the resignation of Mr. Oscar Hasbún Martínez from his position as Director of Nexans, effective May 20, 2026. His resignation also entails the end of his duties as chairman of the Strategy and Sustainable Development Committee. This resignation comes in the context of the reduction of Invexans Limited's stake in Nexans' share capital. Mr. Hasbún Martínez has been serving as the chairman of the Strategy and Sustainable Development Committee since his appointment in May 2019.
お知らせ • Feb 25+ 1 more updateNexans S.A. has filed a Follow-on Equity Offering.Nexans S.A. has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,200,000 Transaction Features: Subsequent Direct Listing
Declared Dividend • Feb 22Dividend increased to €2.90Dividend of €2.90 is 12% higher than last year. Ex-date: 25th May 2026 Payment date: 27th May 2026 Dividend yield will be 2.3%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 22% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 63% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 22Full year 2025 earnings released: EPS: €4.91 (vs €6.39 in FY 2024)Full year 2025 results: EPS: €4.91 (down from €6.39 in FY 2024). Revenue: €7.81b (down 8.6% from FY 2024). Net income: €214.0m (down 23% from FY 2024). Profit margin: 2.7% (down from 3.3% in FY 2024). Revenue is forecast to stay flat during the next 3 years compared to a 6.8% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 20Nexans S.A. announces Annual dividend, payable on May 27, 2026Nexans S.A. announced Annual dividend of EUR 2.9000 per share payable on May 27, 2026, ex-date on May 25, 2026 and record date on May 26, 2026.
ナラティブの更新 • Feb 19NEX: Enedis Contract Will Support Higher Margins And Strengthen Long Term OutlookAnalysts have lifted their fair value estimate for Nexans to €165 from €160, citing updated assumptions around discount rates, revenue trends, margins, future P/E, and recent positive revisions to Street price targets. Analyst Commentary Recent Street research has tilted more positive on Nexans, with bullish analysts pointing to updated assumptions on valuation multiples and supported price targets as reasons for a more constructive stance on the shares.
お知らせ • Feb 19+ 2 more updatesNexans S.A. to Report Q1, 2026 Results on Apr 28, 2026Nexans S.A. announced that they will report Q1, 2026 results on Apr 28, 2026
ナラティブの更新 • Feb 05NEX: Fair Outlook Balances Higher Price Expectations And Execution RisksNexans' analyst price target has been revised higher to around €138 from about €134, as analysts factor in updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, supported by recent target increases and rating changes in Street research. Analyst Commentary Recent Street research on Nexans points to a mix of optimism around valuation upside and balanced caution on execution and risk, reflected in higher price targets and an upgraded rating from at least one major bank.
お知らせ • Jan 22Nexans Announces Resignation of José Francisco Pérez Mackenna as Director, Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee, Effective February 1, 2026Nexans announced the resignation of Mr. José Francisco Pérez Mackenna from his position as Director of Nexans, effective February 1, 2026. His resignation also entails his departure from the Accounts, Audit and Risk Committee, the Appointments and Corporate Governance Committee, the Compensation Committee, and the Strategy and Sustainable Development Committee. Mr. Pérez Mackenna has informed Nexans that he has accepted an invitation to join the Government of the Republic of Chile as Minister of Foreign Affairs.
ナラティブの更新 • Jan 22NEX: Higher P E Assumptions Will Likely Limit Future UpsideNarrative Update: Nexans Analysts have nudged their fair value estimate for Nexans higher from €100.00 to about €104.50, citing recent price target increases and rating changes that reflect updated views on discount rates, revenue trends, margins and future P/E assumptions. Analyst Commentary Recent research on Nexans highlights a mix of optimism and caution, with several firms fine tuning their views on the stock.
お知らせ • Jan 15Nexans Announces A New Executive Committee Organization, Effective January 15, 2026Nexans announced a new Executive Committee structure, effective January 15, 2026, comprised of 13 executive members. The new appointments include Nino Cusimano as Chief Legal Officer & Corporate Development Officer; Guillaume Eymery as Chief Strategy & Purchasing Officer; Séverine Grosjean as Chief Human Resources and ESG Officer; Vijay Mahadevan as Executive Managing Director Europe; Luis Ernesto Silva as Managing Director South America; Atilla Kurtis as Managing Director Middle East and Africa; Tim King as Managing Director North America; Vincent Dessale as Managing Director APAC; Pascal Radue as Senior Executive Vice President PWR-Transmission; Vincent Dessale as Chief Executive Markets & Commercial Officer; Elena Fedotova as Chief Business Development Officer Data center & Grid & Connect large projects; and Vijay Mahadevan (acting) as Chief Operations Officer. The new Executive Committee is designed to foster collective success, streamline industrial operations, and anchor a culture of excellence across the Group.
分析記事 • Dec 22Is It Too Late To Consider Buying Nexans S.A. (EPA:NEX)?Nexans S.A. ( EPA:NEX ), might not be a large cap stock, but it received a lot of attention from a substantial price...
お知らせ • Dec 19Nexans S.A. (ENXTPA:NEX) completed the acquisition of Electro Cables Inc.Nexans S.A. (ENXTPA:NEX) signature of an agreement to acquire Electro Cables Inc. on October 23, 2025. The acquisition will be fully financed in cash. For the period ending July 31, 2025, Electro Cables Inc. reported total sales of €125 million. The transaction is subject to Canadian regulatory approvals and satisfaction of other customary closing conditions. Closing of the transaction is expected to occur in first half of 2026. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Electro Cables Inc. on December 17, 2025.
お知らせ • Nov 26Nexans Appoints Vincent Piquet as Chief Financial Officer, Effective January 19, 2026Nexans announced the appointment of Vincent Piquet as Chief Financial Officer, effective January 19, 2026. He will join the Nexans Executive Committee and will be based in Paris. Vincent brings comprehensive experience across the full scope of the Finance function, spanning operational performance optimization, functional and strategic transformation, as well as substantial exposure to Board-level matters and investors relations. His career has taken him to ten countries, and into highly diverse businesses and organizations, often operating in volatile and fast-changing environments. Vincent joined the Renault Group in 2019 and currently serves as Chief Financial Officer of Ampere, Renault's subsidiary dedicated to electric vehicles and software. Previously, he worked at GE from 2000 to 2019, where he started in internal audit before being promoted successively to Chief Financial Officer of GE Healthcare EAGM (Istanbul), Managing Director of Global Operations for Europe (London), Global Chief Financial Officer of the Oil and Gas Division (London), and Chief Financial Officer of Turbo Machine and Process Solutions (Florence). Vincent is a graduate of ESCP Business School.
Major Estimate Revision • Oct 24Consensus EPS estimates increase by 13%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.38b to €7.03b. EPS estimate rose from €10.29 to €11.61. Net income forecast to shrink 9.3% next year vs 9.8% growth forecast for Electrical industry in France . Consensus price target of €133 unchanged from last update. Share price was steady at €121 over the past week.
Buy Or Sell Opportunity • Oct 15Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 7.9% to €119. The fair value is estimated to be €96.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.8% per annum. Earnings are also forecast to decline by 5.5% per annum over the same time period.
お知らせ • Oct 13Nexans S.A. Announces Chief Executive Officer ChangesNexans S.A. announced that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with Christopher Guérin. These decisions will take effect immediately; Christopher will be available to Julien until October 31st, 2025. Julien Hueber, a 55-year-old French citizen, is the Executive Managing Director of PWR Grid & Connect Europe, a EUR 2.6 billion and 23 manufacturing plants business. Julien, a member of the Executive Committee since 2018, joined Nexans in 2002. He has solid experience in supply chain and purchasing, in-depth knowledge of the Asia-Pacific region, particularly China and South Korea, where he spent several years leading the Asia-Pacific region. He then took charge of the global "Industrial Cables – Industry Solutions & Projects" business. The Board determined that Julien Hueber’s experience, skills and personality made him the perfect candidate to lead the Company, notably his extensive knowledge of Nexans, recognized leadership, and strong track record in setting a vision, defining and driving the execution of the strategy and executing the roadmap. His appointment was warmly endorsed by the Board of Directors. The Board would like to express its deep gratitude to Christopher Guérin for his exceptional contribution to Nexans, and in particular during his 7 years as Chief Executive Officer. Beyond the strong financial results, Christopher has profoundly transformed Nexans into a focused leader in sustainable Electrification, giving meaning and direction to its mission. He has brought innovation, responsibility, and simplicity to the heart of the company, while restoring confidence across teams worldwide. His leadership and passion have left a lasting mark on the Group and its people.
分析記事 • Sep 25Is Nexans (EPA:NEX) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • Sep 23Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 34% to €135. The fair value is estimated to be €112, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.3% per annum. Earnings are also forecast to decline by 3.9% per annum over the same time period.
ナラティブの更新 • Sep 11Electrification And Renewables Will Shape Future InfrastructureAnalysts have raised Nexans’ price target to €133.79, citing strong order backlog growth, increased confidence in mid-term demand, and improved operational resilience. Analyst Commentary Bullish analysts highlight Nexans' strong return to growth in order backlog as a driver for increased confidence.
分析記事 • Aug 31Why Investors Shouldn't Be Surprised By Nexans S.A.'s (EPA:NEX) Low P/EWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider...
ナラティブの更新 • Aug 27Electrification And Renewables Will Shape Future InfrastructureAnalysts have raised their price target for Nexans to €130.71, citing stronger backlog growth, improved medium-term visibility, and operational gains that enhance confidence in earnings power and market share potential. Analyst Commentary Improved backlog growth, signaling a return to top-line momentum.
Buy Or Sell Opportunity • Aug 19Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 44% to €141. The fair value is estimated to be €116, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to decline by 3.2% per annum. Earnings are also forecast to decline by 5.2% per annum over the same time period.
分析記事 • Aug 17Do Nexans' (EPA:NEX) Earnings Warrant Your Attention?ENXTPA:NEX 1 Year Share Price vs Fair Value Explore Nexans's Fair Values from the Community and select yours For...
Price Target Changed • Aug 04Price target increased by 7.1% to €126Up from €117, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of €128. Stock is up 15% over the past year. The company is forecast to post earnings per share of €9.48 for next year compared to €6.39 last year.
New Risk • Aug 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Major Estimate Revision • Jul 31Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from €7.32b to €7.23b. EPS estimate rose from €6.96 to €8.49. Net income forecast to grow 66% next year vs 5.5% decline forecast for Electrical industry in France. Consensus price target up from €119 to €124. Share price rose 4.9% to €127 over the past week.
お知らせ • Jul 30+ 2 more updatesNexans S.A. to Report Fiscal Year 2025 Results on Feb 19, 2026Nexans S.A. announced that they will report fiscal year 2025 results on Feb 19, 2026
Buy Or Sell Opportunity • Jul 23Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 33% to €119. The fair value is estimated to be €97.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to decline by 2.3% per annum. Earnings are forecast to grow by 8.9% per annum over the same time period.
お知らせ • Jul 01Latour Capital Management SAS completed the acquisition of Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX).Latour Capital Management SAS entered into exclusive negotiations to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) for an enterprise value of €525 million on March 17, 2025. The transaction has approved by the European Commission on May 13, 2025. Rothschild Martin Maurel led by Nicolas Bonnault acted as financial advisor for Latour Capital Management SAS. Arthur de Baudry d' Asson, Nicolas Lovas, Charles Filleux-Pommerol and Camille Paulhac of Paul Hastings France acted as legal advisor for Latour Capital Management SAS. Weil, Gotshal & Manges LLP, Paris led by Jean-Christophe David acted as legal advisor for Latour Capital Management SAS. The Boston Consulting Group Et Cie led by Olivier Scalabre, Guillaume Vernier acted as due diligence provider for Latour Capital Management SAS. The Boston Consulting Group, Inc. led by Florian Kahn acted as due diligence provider for Latour Capital Management SAS. Interpath (France) SAS led by Florent Steck acted as due diligence provider for Latour Capital Management SAS.J.P. Morgan Securities Plc - Paris Branch acted as financial advisor for Nexans S.A. Bredin Prat & Associes acted as legal advisor for Nexans S.A. Romain Franzetti, Angélique Vibert, Pierre Bouley and Annaelle Lousquy of Berrylaw acted as legal advisor for Latour Capital Management SAS. Latour Capital Management SAS completed the acquisition of Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) on June 30, 2025.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €111, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Electrical industry in France. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €128 per share.
お知らせ • Jun 03Nexans S.A. (ENXTPA:NEX) acquired Cables RCT, S.A.U.Nexans S.A. (ENXTPA:NEX) acquired Cables RCT, S.A.U. on June 2, 2025. Cables RCT has generated revenue of €133 million in 2024. Cables RCT’s experienced management team will continue to drive future growth. Nexans S.A. (ENXTPA:NEX) completed the acquisition of Cables RCT, S.A.U. on June 2, 2025.
お知らせ • May 14Latour Capital Management SAS agreed to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX).Latour Capital Management SAS agreed to acquire Lynxeo, Société Anonyme from Nexans S.A. (ENXTPA:NEX) on May 13, 2025. The transaction has approved by the European Commission.
Upcoming Dividend • May 12Upcoming dividend of €2.60 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of French dividend payers (5.4%). Higher than average of industry peers (1.9%).
お知らせ • Apr 30Nexans S.A. to Report First Half, 2025 Results on Jul 30, 2025Nexans S.A. announced that they will report first half, 2025 results on Jul 30, 2025
お知らせ • Apr 29Nexans S.A. to Report Q1, 2025 Results on Apr 30, 2025Nexans S.A. announced that they will report Q1, 2025 results at 7:00 AM, Central European Standard Time on Apr 30, 2025
お知らせ • Apr 11Nexans S.A. to Report Q3, 2025 Results on Oct 23, 2025Nexans S.A. announced that they will report Q3, 2025 results on Oct 23, 2025
New Risk • Apr 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.1% average weekly change).
お知らせ • Apr 04Nexans S.A., Annual General Meeting, May 15, 2025Nexans S.A., Annual General Meeting, May 15, 2025. Location: le vinci 4 allee de l arche, courbevoie France
Declared Dividend • Apr 04Dividend increased to €2.60Dividend of €2.60 is 13% higher than last year. Ex-date: 19th May 2025 Payment date: 21st May 2025 Dividend yield will be 3.2%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 23% per year over the past 8 years. However, payments have been volatile during that time. EPS is expected to grow by 34% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 04Nexans S.A. announces Annual dividend, payable on May 21, 2025Nexans S.A. announced Annual dividend of EUR 2.6000 per share payable on May 21, 2025, ex-date on May 19, 2025 and record date on May 20, 2025.
Reported Earnings • Mar 31Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.39 (up from €5.07 in FY 2023). Revenue: €8.55b (up 9.7% from FY 2023). Net income: €279.0m (up 26% from FY 2023). Profit margin: 3.3% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is expected to decline by 1.7% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 6.7%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 21Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: €6.39 (up from €5.07 in FY 2023). Revenue: €8.55b (up 9.7% from FY 2023). Net income: €279.0m (up 26% from FY 2023). Profit margin: 3.3% (up from 2.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is expected to decline by 2.7% p.a. on average during the next 3 years, while revenues in the Electrical industry in France are expected to grow by 6.9%. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
お知らせ • Jan 21Nexans Announces New Organization to Support New Stage of Its DevelopmentNexans announces a new organizational structure, effective from 17 January 2025 under the leadership of Christopher Guérin, Chief Executive Officer. This change is designed to accelerate profitable growth, and aligns with the Group’s ambitions outlined during the recent Capital Markets Day. The new organization positions the Group for the next strategic cycle, and drives innovation in PWR-Grid and PWR-Connect markets. This region-based structure places strong focus on enhanced customer experience and addresses the evolving needs of clients. The new Executive Committee encompasses 15 executive members. This leadership team aims to better adapt and reflect Nexans’ business, commercial, and industrial priorities. Detailed composition of the Executive Committee:CEO Office: Christopher Guérin, Chief Executive Officer; Jean-Christophe Juillard, Deputy Chief Executive Officer; Vincent Dessale, Senior Executive Vice President, Strategic projects and Key accounts. Business Segment: PWR-Transmission, led by Pascal Radue, Senior Executive Vice President PWR-Transmission.PWR-Grid and PWR-Connect Market Divisions (new): PWR-Grid, led by Elyette Roux, Executive Vice President PWR-Grid & Accessories; PWR-Connect, led by Christopher Guérin (interim). PWR-Grid & Connect Regions (new): Europe, led by Julien Hueber, Executive Managing Director PWR-Grid & Connect Europe; South America, led by Luis Ernesto Silva, Managing Director PWR-Grid & Connect South America; (new appointment). Middle East & Africa, led by Atilla Kurtis, Managing Director PWR-Grid & Connect Middle East and Africa; (new appointment). North America, led by Tim King, Managing Director PWR-Grid & Connect North America; (new appointment). Asia Pacific, led by Donny Yu, Managing Director PWR-Grid & Connect Asia Pacific. (new appointment).Group Functions: Chief Financial Officer, Jean-Christophe Juillard; Chief Legal Officer and Secretary General, Nino Cusimano; Chief Human Resources and ESG Officer, Séverine Grosjean; Chief Operations Officer, Vijay Mahadevan (new appointment); Chief Strategy, Innovation and Digital Officer, Guillaume Eymery (new appointment).
新しいナラティブ • Dec 11Great Sea Interconnector And Copper Recycling Investments Propel Revenue And Margins Significant investment in copper recycling and electrification projects aligns with revenue growth and enhanced margins via new revenue streams and margin-focused growth.
お知らせ • Nov 08Nexans Announces the Business Separation of Its Specialty Industrial Cable Operations, Now LynxeoNexans announced the business separation of its specialty industrial cable operations formerly Nexans Industry Solutions & Projects now named Lynxeo, part of the Nexans group. The move will allow Lynxeo to further enhance its role in critical industrial segments. With a heritage of than 100 years serving industrial champions, Lynxeo boasts a global manufacturing presence in Europe Asia, and the United States of America.
Buy Or Sell Opportunity • Oct 30Now 21% undervaluedOver the last 90 days, the stock has risen 11% to €128. The fair value is estimated to be €163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
Buy Or Sell Opportunity • Oct 10Now 21% undervaluedOver the last 90 days, the stock has risen 21% to €128. The fair value is estimated to be €163, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 1.0% per annum. Earnings are also forecast to grow by 15% per annum over the same time period.
お知らせ • Oct 09Nexans Launches Unique Cable Recycling and Recovery Service in France and Europe: CABLELOOPNexans is launching a unique cable recycling and recovery service in France and Europe: CABLELOOP. Nexans is stepping up its recycling strategy to support the energy transition and address the growing copper shortage. This necessary transformation is creating an opportunity for Nexans to set itself apart in the sector by leveraging its unique capabilities and agility. The company is launching its turnkey CableLoop service: collecting installation cable off-cuts and transporting them to the recycling centre, and then transforming the waste into recycled raw materials. A pioneer in electrification, the Group aims to use a minimum of 30% recycled copper in the manufacturing of its cables by 2030. At a time when demand for electricity is set to increase by 35% by 2050, and the world is heading for a risk of shortages of raw materials - including copper, Nexans is strengthening its key role as a player in the circular economy to speed up the energy and climate transition. By actively investing in the recycling of non-ferrous metals, Nexans is promoting the creation of a sustainable cycle geared towards decarbonized energy: extended life cycles, reuse and recycling will contribute to a circular economy, reducing the use of virgin resources and lowering the carbon footprint created by the electrification of activities. Nexans already recycles over 40,000 metric tons of its own production waste every year. In Europe, this cable sorting and recovery process is partly carried out through the RecyCables joint venture created with Suez in Noyelles-Godault (northwestern France). As well as guaranteeing product traceability, local processing avoids the need to export large quantities of waste from France. With 60 years' experience in recycling cable waste, Nexans is stepping up its circular economy strategy and is launching CableLoop, a unique recycling and recovery service for cable offcuts. Nexans buys used cables - end of construction site electrical wires or obsolete industrial cables, and transforms them into valuable, infinitely reusable resources for its partners, customers, suppliers and the cable industry. Two versions of the service are available: CABLELOOP Enterprises: the service for companies via on-site collection. CABLELOOP Professionals: a new service offered by specialized distributors, for professional customers and electricians who can return their used cables to their branch. With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025 and to expand this circular model by developing waste collection and recovery from the industrial ecosystem and from its electrical equipment installation and distribution partners in France and Europe. Nexans will offer tailor-made logistics solutions and simplified, autonomous waste management on a 24-hour web platform together with traceability of the entire chain of operations.
Buy Or Sell Opportunity • Sep 03Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 12% to €124. The fair value is estimated to be €99.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Buy Or Sell Opportunity • Aug 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to €119. The fair value is estimated to be €98.71, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 4.6%. For the next 3 years, revenue is forecast to grow by 0.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period.
Reported Earnings • Jul 26First half 2024 earnings released: EPS: €3.98 (vs €3.03 in 1H 2023)First half 2024 results: EPS: €3.98 (up from €3.03 in 1H 2023). Revenue: €4.22b (up 5.4% from 1H 2023). Net income: €174.0m (up 32% from 1H 2023). Profit margin: 4.1% (up from 3.3% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Electrical industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 25New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (44% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Jul 24Nexans S.A. to Report Fiscal Year 2024 Results on Feb 19, 2025Nexans S.A. announced that they will report fiscal year 2024 results on Feb 19, 2025
