New Risk • Jul 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Announcement • Jul 25
Nexity SA to Report Fiscal Year 2026 Results on Feb 24, 2027 Nexity SA announced that they will report fiscal year 2026 results After-Market on Feb 24, 2027 Announcement • Apr 16
Nexity SA, Annual General Meeting, May 21, 2026 Nexity SA, Annual General Meeting, May 21, 2026. Location: chateauform le 28 george v, 28 avenue george v, paris France Announcement • Oct 25
Nexity SA Confirms Earnings Guidance for the Year 2025 Nexity SA confirmed earnings guidance for the year 2025. For the year, the company expects positive operating profit. Announcement • Oct 02
Nexity SA Announces Executive Committee Changes Nexity has updated its governance structure to focus on its Urban Planning, Development and Serviced Properties business lines to drive its profitable growth trajectory. This new Executive Committee, consisting of seven members, is chaired by Véronique Bédague, Chairwoman and Chief Executive Officer. It is responsible for implementing the Group’s strategy, the top priority of which is the rollout of New Nexity, and making all necessary decisions. It is composed of Members of the current Executive Management Committee: Jean-Claude Bassien, Deputy Chief Executive Officer. Fabrice Aubert, Deputy Managing Director, who has been appointed Chairman of the New Urban Services & Solutions division. Pierre-Henry Pouchelon, appointed Deputy Managing Director in charge of Finance and the Development division’s performance. Starting 1 January 2026, he will lead the external growth division. The following additional members, joining as of today: Joris Delapierre, Managing Director – Paris region. Mr. Delapierre joined Nexity as Head of Development at Nexity Foncier Conseil in 2008, and has 17 years of experience in property development with the company. Lionel Séropian, Managing Director – Sud region. Mr. Séropian joined Nexity in 2001 as Head of Planning and Development at the Provence subsidiary, and has over 24 years of experience in property development with the company. Anne-Laure Joumas, Head of Real Estate and Performance, has also been appointed as Head of the Serviced Properties division (Coworking, Serviced Residences). Ms Joumas joined Nexity in 2022 as Head of Operations for Nexity Entreprises, after having built up over 20 years of experience in the commercial real estate sector. Announcement • Jul 24
Nexity SA to Report Fiscal Year 2025 Results on Feb 25, 2026 Nexity SA announced that they will report fiscal year 2025 results After-Market on Feb 25, 2026 Announcement • Apr 17
Nexity SA, Annual General Meeting, May 22, 2025 Nexity SA, Annual General Meeting, May 22, 2025. Location: chateauform le 28 george v, 28 avenue george v, paris France Announcement • Mar 12
Nexity SA SHS CAT -A- to Be Deleted from OTC Equity Nexity SA SHS CAT -A- (France) will be deleted from OTC Equity effective March 11, 2025, due to Inactive Security. Announcement • Feb 28
Nexity SA to Report First Half, 2025 Results on Jul 24, 2025 Nexity SA announced that they will report first half, 2025 results on Jul 24, 2025 New Risk • Oct 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 3.3% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.5% net profit margin). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €10.66, the stock trades at a trailing P/E ratio of 10.6x. Average forward P/E is 14x in the Real Estate industry in Germany. Total loss to shareholders of 70% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.00 per share. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €10.38, the stock trades at a trailing P/E ratio of 10x. Average forward P/E is 2x in the Real Estate industry in Germany. Total loss to shareholders of 71% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €12.13 per share. Reported Earnings • Jul 29
First half 2024 earnings released: EPS: €0.81 (vs €0.15 in 1H 2023) First half 2024 results: EPS: €0.81 (up from €0.15 in 1H 2023). Revenue: €1.58b (down 16% from 1H 2023). Net income: €45.1m (up 426% from 1H 2023). Profit margin: 2.9% (up from 0.5% in 1H 2023). Revenue is expected to fall by 1.5% p.a. on average during the next 3 years compared to a 16% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 25 percentage points per year, which is a significant difference in performance. Announcement • Jul 26
Nexity SA to Report Fiscal Year 2024 Results on Feb 27, 2025 Nexity SA announced that they will report fiscal year 2024 results After-Market on Feb 27, 2025 Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €10.66, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 28x in the Real Estate industry in Germany. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €11.08, the stock trades at a trailing P/E ratio of 31.9x. Average forward P/E is 1x in the Real Estate industry in Germany. Total loss to shareholders of 69% over the past three years. Announcement • Apr 27
Nexity SA Provides Earnings Guidance for the Year 2024 Nexity SA provided earnings guidance for the year 2024. For the period, Company announced Operating profit to remain positive while reaching a low point, taking into account gains on disposals, the costs of adjusting supply to new market conditions and costs relating to the Group’s reorganization, paving the way for a rebound in 2025. New Risk • Apr 18
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Announcement • Apr 04
Bridgepoint Group plc (LSE:BPT) completed the acquisition of Residential property management services unit of Nexity SA. Bridgepoint Group plc (LSE:BPT) agreed to acquire Residential property management services unit of Nexity SA for enterprise value of €440 million on February 19, 2024. The proceeds of transaction will use to cut debt and adapt better to the more difficult market conditions in 2024. The acquisition remains subject to consultation with the relevant employee representative bodies and the European Commission’s review procedure and regulatory approvals. The European Commission has approved the transaction. Olivier du Mottay, Simon Lange, Jean-Luc Juhan, Olivia Rauch-Ravisé and Adrien Giraud of Latham & Watkins LLP (Paris) and Latham & Watkins LLP acted as legal advisor to Bridgepoint Group. Olivier Assant, Jean-Benoît Demaret, Marie-Cécile Rameau, Laetitia Tombarello, Julien Gayral and Juliette Crouzet of Bredin Prat & Associes acted as legal advisor to Nexity. The deal is expected to be finalized in the first half of 2024.
Bridgepoint Group plc (LSE:BPT) completed the acquisition of Residential property management services unit of Nexity SA on April 2, 2024. Nexity completed the sale of its residential property management services business to investment firm Bridgepoint Group for an enterprise value of €440 million. The transaction, which resulted in the formation of a new French operator in real estate services, includes a strategic partnership to boost existing synergies between the alternative asset manager and Nexity's businesses for six years. Nexity will use the sale proceeds to accelerate its deleveraging process, with the capital gains to be utilized towards a process of informing and consulting with employee representative bodies before implementing a redundancy plan. New Risk • Mar 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 97% Cash payout ratio: 378% Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (0.5% net profit margin). Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €10.63, the stock trades at a forward P/E ratio of 7x. Average trailing P/E is 26x in the Real Estate industry in Germany. Total loss to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €19.21 per share. Announcement • Feb 29
Nexity SA to Report First Half, 2024 Results on Jul 25, 2024 Nexity SA announced that they will report first half, 2024 results on Jul 25, 2024 New Risk • Oct 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% 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: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings are forecast to decline by an average of 13% per year for the foreseeable future. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Announcement • Sep 08
Orion European Real Estate Fund V, SLP, a fund managed by Orion Capital Managers LLP acquired development activities of Nexity in Portugal from Nexity SA (ENXTPA:NXI). Orion European Real Estate Fund V, SLP, a fund managed by Orion Capital Managers LLP acquired development activities of Nexity in Portugal from Nexity SA (ENXTPA:NXI) on September 7, 2023.Orion European Real Estate Fund V, SLP, a fund managed by Orion Capital Managers LLP completed the acquisition of development activities of Nexity in Portugal from Nexity SA (ENXTPA:NXI) on September 7, 2023. Announcement • Aug 22
Nexity SA, Annual General Meeting, May 23, 2024 Nexity SA, Annual General Meeting, May 23, 2024. New Risk • Aug 07
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Earnings are forecast to decline by an average of 8.9% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (97% payout ratio). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €14.53, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 3x in the Real Estate industry in Germany. Total loss to shareholders of 35% over the past three years. New Risk • Jul 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.5% per year for the foreseeable future. Minor Risk Dividend is not well covered by earnings (99% payout ratio). Reported Earnings • Jul 28
First half 2023 earnings released: EPS: €0.15 (vs €0.98 in 1H 2022) First half 2023 results: EPS: €0.15 (down from €0.98 in 1H 2022). Revenue: €1.89b (up 5.1% from 1H 2022). Net income: €8.60m (down 84% from 1H 2022). Profit margin: 0.5% (down from 3.0% in 1H 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 3.0% p.a. on average during the next 3 years compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Announcement • Jul 28
Nexity SA to Report Fiscal Year 2023 Results on Feb 28, 2024 Nexity SA announced that they will report fiscal year 2023 results After-Market on Feb 28, 2024 Announcement • Jul 27
Nexity SA Revises Group Earnings Guidance for the Full Year 2023 Nexity SA revised group earnings guidance for the full year 2023. For the period, the company expected 2023 revenue of €4.3 billion (excluding international business), with operating profit of €250 million. Announcement • Jun 06
AXA Investment Managers S.A. acquired Bry-sur-Marne film & series studios from Nexity SA (ENXTPA : NXI). AXA Investment Managers S.A. acquired Bry-sur-Marne film & series studios from Nexity SA (ENXTPA : NXI) on June 5, 2023. The studios will be managed by Guillaume de Menthon who was the president of Telfrance, one of France's leading fiction production groups.AXA Investment Managers S.A. completed the acquisition of Bry-sur-Marne film & series studios from Nexity SA (ENXTPA : NXI) on June 5, 2023. Upcoming Dividend • May 17
Upcoming dividend of €2.50 per share at 10% yield Eligible shareholders must have bought the stock before 24 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 10%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.9%). Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: €3.40 (vs €5.85 in FY 2021) Full year 2022 results: EPS: €3.40 (down from €5.85 in FY 2021). Revenue: €4.35b (down 2.6% from FY 2021). Net income: €187.8m (down 42% from FY 2021). Profit margin: 4.3% (down from 7.3% in FY 2021). Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 13% decline forecast for the Real Estate industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jan 25
Nexity SA (ENXTPA:NXI) acquired Minority stake in Kabin. Nexity SA (ENXTPA:NXI) acquired Minority stake in Kabin on January 23, 2023.Nexity SA (ENXTPA:NXI) completed the acquisition of Minority stake in Kabin on January 23, 2023. Announcement • Jan 24
Primonial REIM acquired 2 new asset Vefa from Nexity SA (ENXTPA:NXI) and Urban Campus. Primonial REIM acquired 2 new asset Vefa from Nexity SA (ENXTPA:NXI) and Urban Campus on December 31, 2022.Primonial REIM completed the acquisition of 2 new asset Vefa from Nexity SA (ENXTPA:NXI) and Urban Campus on December 31, 2022. Announcement • Oct 21
Nexity SA (ENXTPA:NXI) completed the acquisition of 55% stake in Angelotti Immobilier. Nexity SA (ENXTPA:NXI) signed an agreement to acquire a 55% stake in Angelotti Immobilier on June 23, 2022. The remaining shares will be held by the Angelotti's managers. In 2021, Angelotti generated revenues of €150 million. Louis-Pierre Angelotti, Chairman of the Angelotti Group, Roch Angelotti, Managing Director, and Yohann Moreau, Chairman of Moreau Invest, will keep their positions and continue to lead Angelotti. Angelotti has over 140 employees. The deal is subject to approval by the French Competition Authority. The deal is expected to close in the third quarter of 2022. Frédéric Bouvet, Cyril Boulignat, Bruno Knadjian, David Lacaze, Sophie Brézin, Elisabeth Debrégeas and Sergio Sorinas of Herbert Smith Freehills acted as legal advisor to Nexity SA. The Angelotti Group's business, which is expected to generate sales of around €200 million in 2022, will be booked in the Residential Real Estate Development division. It will be consolidated in Nexity's accounts from 1 November 2022.
Nexity SA (ENXTPA:NXI) completed the acquisition of 55% stake in Angelotti Immobilier on October 20, 2022. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €22.38, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Real Estate industry in Germany. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €42.55 per share. Reported Earnings • Jul 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €283.2m from profit in 1H 2021). Profit margin: (down from 14% in 1H 2021). Over the next year, revenue is forecast to grow 15% compared to a 44% decline forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jun 01
Nexity SA Shs Cat -A- (France) to Be Deleted from OTC Equity Nexity SA Shs Cat -A- (France) will be deleted from OTC Equity effective from June 01, 2022, due to Inactive Security. Upcoming Dividend • May 16
Upcoming dividend of €2.50 per share Eligible shareholders must have bought the stock before 23 May 2022. Payment date: 25 May 2022. Payout ratio is a comfortable 43% but the company is paying out more than the cash it is generating. Trailing yield: 8.5%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (4.3%). Reported Earnings • Feb 24
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: €4.47b (down 1.0% from FY 2020). Net income: €324.9m (up 175% from FY 2020). Profit margin: 7.3% (up from 2.6% in FY 2020). Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is forecast to grow 7.1% compared to a 25% decline forecast for the industry in Germany. Announcement • Feb 24
Nexity Sa Proposes Distribution of A Dividend, Payable on 25 May 2022 Nexity's Board of Directors will propose to the Shareholders' Meeting to be held on 18 May 2022 the distribution of a dividend of €2.50 per share, paid in cash, for the 2021 fiscal year, up 25% compared to 2020. This dividend reflects the confidence of Nexity's Board of Directors in the Group's prospects and the strength of its financial position. If this distribution proposal is approved, the dividend will be detached from the share on 23 May 2022 and will be payable on 25 May 2022. Reported Earnings • Jul 30
First half 2021 earnings released: EPS €5.11 (vs €0.12 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €2.10b (up 31% from 1H 2020). Net income: €283.2m (up €276.6m from 1H 2020). Profit margin: 14% (up from 0.4% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Executive Departure • May 26
Director has left the company On the 20th of May, Jean-Pierre Denis' tenure as Director ended after 5.8 years in the role. As of March 2021, Jean-Pierre personally held 2.50k shares (€72k worth at the time). Jean-Pierre is the only executive to leave the company over the last 12 months. Upcoming Dividend • May 18
Upcoming dividend of €2.00 per share Eligible shareholders must have bought the stock before 25 May 2021. Payment date: 27 May 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (3.2%). Announcement • May 14
The Arche Holding acquired Century 21 France SA from Nexity SA (ENXTPA:NXI). The Arche Holding acquired Century 21 France SA from Nexity SA (ENXTPA:NXI) on May 12, 2021. Within the Arche holding company, Century 21 will keep its identity, the independence of its brand and the management team.
The Arche Holding completed the acquisition of Century 21 France SA from Nexity SA (ENXTPA:NXI) on May 12, 2021. Reported Earnings • Apr 17
Full year 2020 earnings released: EPS €2.14 (vs €2.90 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €4.51b (up 7.4% from FY 2019). Net income: €118.1m (down 27% from FY 2019). Profit margin: 2.6% (down from 3.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 26
Full year 2020 earnings released: EPS €2.14 (vs €2.90 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €4.51b (up 7.4% from FY 2019). Net income: €118.1m (down 27% from FY 2019). Profit margin: 2.6% (down from 3.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 26
Revenue beats expectations Revenue exceeded analyst estimates by 2.8%. Over the next year, revenue is forecast to grow 1.6% compared to a 32% decline forecast for the Real Estate industry in Germany. Is New 90 Day High Low • Feb 26
New 90-day high: €41.18 The company is up 20% from its price of €34.42 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €37.11 per share. Is New 90 Day High Low • Jan 06
New 90-day high: €37.50 The company is up 40% from its price of €26.86 on 08 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.35 per share. Announcement • Jan 06
Nexity SA Revises Revenue Guidance for the Full Year of Fiscal 2020 Nexity SA revised revenue guidance for the full year of fiscal 2020. The company is now aiming for revenue of around €4.7 billion in 2020 (instead of at least €4.2 billion), with a current operating margin of more than 5% (instead of around 5%) and for 2021, on a like-for-like basis, revenue of around €4.7 billion with a current operating margin above 7%. Is New 90 Day High Low • Dec 22
New 90-day high: €34.90 The company is up 26% from its price of €27.62 on 23 September 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.97 per share. Announcement • Dec 18
SCPI Atlantique Mur Regions acquired Altis Wooden Structure Building in Schiltigheim, France from Nexity SA (ENXTPA:NXI). SCPI Atlantique Mur Regions acquired Altis Wooden Structure Building in Schiltigheim, France from Nexity SA (ENXTPA:NXI) on December 16, 2020.
SCPI Atlantique Mur Regions completed the acquisition of Altis Wooden Structure Building in Schiltigheim, France from Nexity SA (ENXTPA:NXI) on December 16, 2020. Is New 90 Day High Low • Nov 19
New 90-day high: €30.76 The company is up 10.0% from its price of €28.06 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.43 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 18% share price gain to €29.00, the stock is trading at a trailing P/E ratio of 14.1x, up from the previous P/E ratio of 11.9x. This compares to an average P/E of 12x in the Real Estate industry in Germany. Total return to shareholders over the past three years is a loss of 29%. Is New 90 Day High Low • Oct 14
New 90-day low: €25.78 The company is down 10.0% from its price of €28.56 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.64 per share. Announcement • Jul 31
Accimmo Pierre fund managed by BNPP Real Estate Investment Management France acquired Influence 2.0 office building from Nexity SA (ENXTPA:NXI). Accimmo Pierre fund managed by BNPP Real Estate Investment Management France acquired Influence 2.0 office building from Nexity SA (ENXTPA:NXI) on April 17, 2020. Nexity Conseil et Transaction acted as advisor to Nexity. Chevreux et Associés acted as legal advisor to Nexity SA. Etude Thibierge & Associés and Allen & Overy France acted as legal advisor to BNPP Real Estate Investment Management France. Etyo acted as advisor to BNPP Real Estate Investment Management France in the transaction.
Accimmo Pierre fund managed by BNPP Real Estate Investment Management France completed the acquisition of Influence 2.0 office building from Nexity SA (ENXTPA:NXI) on April 17, 2020. Announcement • Jul 17
Nexity SA Suspends Guidance Nexity SA announced that guidance is suspended.