Executive Summary
Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy.
Rewards
Risk Analysis
Snowflake Analysis
Moderate growth potential with poor track record.
Similar Companies
Share Price & News
How has Nexi's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NEXI's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
5.0%
NEXI
5.4%
AT IT
4.1%
AT Market
1 Year Return
63.2%
NEXI
4.9%
AT IT
-16.4%
AT Market
Return vs Industry: NEXI exceeded the Austrian IT industry which returned 4.6% over the past year.
Return vs Market: NEXI exceeded the Austrian Market which returned -19.4% over the past year.
Shareholder returns
| NEXI | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | 5.4% | 4.1% |
| 30 Day | 13.6% | 17.8% | 7.3% |
| 90 Day | 4.3% | 4.2% | -10.0% |
| 1 Year | 63.2%63.2% | 5.7%4.9% | -15.4%-16.4% |
| 3 Year | n/a | 19.9%11.2% | -12.4%-19.1% |
| 5 Year | n/a | 91.0%72.0% | 17.5%2.7% |
Price Volatility Vs. Market
How volatile is Nexi's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Nexi undervalued compared to its fair value and its price relative to the market?
259.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NEXI (€15.01) is trading above our estimate of fair value (€6.38)
Significantly Below Fair Value: NEXI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NEXI is poor value based on its PE Ratio (258.4x) compared to the IT industry average (19.5x).
PE vs Market: NEXI is poor value based on its PE Ratio (258.4x) compared to the Austrian market (10.8x).
Price to Earnings Growth Ratio
PEG Ratio: NEXI is poor value based on its PEG Ratio (5.9x)
Price to Book Ratio
PB vs Industry: NEXI is overvalued based on its PB Ratio (7.2x) compared to the XE IT industry average (2.4x).
Next Steps
Future Growth
How is Nexi forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
43.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEXI's forecast earnings growth (43.6% per year) is above the savings rate (0.5%).
Earnings vs Market: NEXI's earnings (43.6% per year) are forecast to grow faster than the Austrian market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NEXI's revenue is expected to decline over the next 3 years (-4.3% per year).
High Growth Revenue: NEXI's revenue is forecast to decline over the next 3 years (-4.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEXI's Return on Equity is forecast to be low in 3 years time (18.3%).
Next Steps
Past Performance
How has Nexi performed over the past 5 years?
-17.8%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: NEXI has high quality earnings.
Growing Profit Margin: NEXI's current net profit margins (2.2%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NEXI's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: NEXI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NEXI had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the IT industry average (9%).
Return on Equity
High ROE: NEXI's Return on Equity (2.8%) is considered low.
Next Steps
Financial Health
How is Nexi's financial position?
Financial Position Analysis
Short Term Liabilities: NEXI's short term assets (€1.9B) exceed its short term liabilities (€629.9M).
Long Term Liabilities: NEXI's short term assets (€1.9B) do not cover its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: NEXI's debt to equity ratio (235%) is considered high.
Reducing Debt: Insufficient data to determine if NEXI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: NEXI's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: NEXI's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Nexi's current dividend yield, its reliability and sustainability?
0.43%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NEXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NEXI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NEXI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NEXI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NEXI is not paying a notable dividend for the Austrian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NEXI's dividend in 3 years as they are not forecast to pay a notable one for the Austrian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Paolo Bertoluzzo (53yo)
no data
Tenure
Mr. Paolo Bertoluzzo serves as Chief Executive Officer, General Manager and Director of Nexi SpA. Mr. Bertoluzzo served as the Group Chief Commercial and Operations Officer of Vodacom Group Limited from Oc ...
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nexi S.p.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nexi S.p.A.
- Ticker: NEXI
- Exchange: WBAG
- Founded:
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: €9.464b
- Shares outstanding: 627.78m
- Website: https://www.nexi.it
Number of Employees
Location
- Nexi S.p.A.
- Corso Sempione 55
- Milan
- Milan
- 20149
- Italy
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NEXI | BIT (Borsa Italiana) | Yes | Ordinary Shares | IT | EUR | Apr 2019 |
| NEXI | WBAG (Wiener Boerse AG) | Yes | Ordinary Shares | AT | EUR | Apr 2019 |
| NEXIM | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Ordinary Shares | GB | EUR | Apr 2019 |
| N0XA | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Apr 2019 |
| NEXP.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Apr 2019 |
| 0NX5 | LSE (London Stock Exchange) | Yes | Ordinary Shares | GB | EUR | Apr 2019 |
| NEXX.Y | OTCPK (Pink Sheets LLC) | UNSPONSRD ADS | US | USD | Jul 2019 |
Biography
Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services. It also provides a range of issuing services, such as issue, supply, and management of private and corporate payment cards; installation and management of ATM’s; clearing services; and digital banking services for the management of current accounts and payments. In addition, the company offers application and administrative outsourcing, and legal advisory services; and software applications for invoice management and storage, prepaid card reloading, bill payments, and postal payments. The company is based in Milan, Italy. Nexi S.p.A. is a subsidiary of Mercury UK Holdco Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/04 01:35 |
| End of Day Share Price | 2020/06/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.