Nexi S.p.A.

WBAG:NEXI Stock Report

Market Cap: €6.9b

Nexi Valuation

Is NEXI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NEXI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NEXI (€5.57) is trading above our estimate of fair value (€5.37)

Significantly Below Fair Value: NEXI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NEXI?

Key metric: As NEXI is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NEXI. This is calculated by dividing NEXI's market cap by their current revenue.
What is NEXI's PS Ratio?
PS Ratio1.1x
Sales€6.13b
Market Cap€6.86b

Price to Sales Ratio vs Peers

How does NEXI's PS Ratio compare to its peers?

The above table shows the PS ratio for NEXI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.9x
PAYTM One97 Communications
7.8x15.8%₹642.9b
FOUR Shift4 Payments
2.2x19.5%US$9.3b
EDEN Edenred
3x8.4%€7.5b
WEX WEX
2.5x4.9%US$6.9b
NEXI Nexi
1.1x-11.3%€6.9b

Price-To-Sales vs Peers: NEXI is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.9x).

Price to Sales Ratio vs Industry

How does NEXI's PS Ratio compare vs other companies in the European Diversified Financial Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
NEXI 1.1xIndustry Avg. 2.3xNo. of Companies16PS0246810+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NEXI is good value based on its Price-To-Sales Ratio (1.1x) compared to the European Diversified Financial industry average (2.3x).

Price to Sales Ratio vs Fair Ratio

What is NEXI's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NEXI PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NEXI's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NEXI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€5.57
€7.76
+39.3%
14.9%€10.40€5.50n/a19
Dec ’25€5.59
€7.84
+40.3%
15.3%€10.40€5.50n/a19
Nov ’25€5.80
€7.93
+36.7%
14.0%€10.40€5.50n/a19
Oct ’25€6.06
€8.12
+34.0%
13.9%€10.40€5.50n/a18
Sep ’25€6.33
€8.16
+28.8%
13.8%€10.40€5.50n/a18
Aug ’25€5.83
€8.08
+38.6%
14.7%€10.40€5.50n/a18
Jul ’25€5.78
€8.00
+38.5%
16.3%€10.40€5.50n/a18
Jun ’25€6.21
€7.98
+28.5%
15.9%€10.40€5.50n/a19
May ’25€5.60
€7.90
+41.0%
16.3%€10.40€5.50n/a19
Apr ’25€5.93
€8.14
+37.3%
15.0%€10.40€5.50n/a19
Mar ’25€6.81
€8.67
+27.3%
22.7%€15.80€6.30n/a19
Feb ’25€7.04
€8.80
+24.9%
22.6%€15.80€6.30n/a19
Jan ’25€7.42
€8.72
+17.5%
22.6%€15.80€6.30n/a19
Dec ’24€7.18
€8.80
+22.5%
22.4%€15.80€6.30€5.5919
Nov ’24€5.60
€9.21
+64.4%
24.4%€15.80€6.30€5.8019
Oct ’24€5.86
€10.80
+84.2%
18.2%€15.80€7.60€6.0618
Sep ’24€6.64
€10.98
+65.3%
17.6%€15.80€7.60€6.3319
Aug ’24€7.83
€11.01
+40.6%
17.8%€15.80€7.60€5.8319
Jul ’24€7.04
€11.08
+57.5%
17.9%€15.80€7.60€5.7818
Jun ’24€7.14
€11.08
+55.2%
17.9%€15.80€7.60€6.2118
May ’24€7.71
€11.13
+44.4%
17.7%€15.80€7.60€5.6018
Apr ’24€7.36
€11.31
+53.6%
15.9%€15.80€8.60€5.9318
Mar ’24€7.50
€11.65
+55.4%
14.4%€15.80€8.60€6.8118
Feb ’24€8.19
€11.62
+41.8%
16.4%€15.80€8.60€7.0419
Jan ’24€7.40
€12.19
+64.7%
16.0%€15.80€8.60€7.4219
Dec ’23€8.42
€12.38
+47.0%
14.8%€15.80€9.80€7.1818

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 02:49
End of Day Share Price 2024/12/18 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nexi S.p.A. is covered by 32 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Luigi TramontanaBanca Akros S.p.A. (ESN)
James GoodmanBarclays
Orson RoutBarclays