Nexi S.p.A.

BIT:NEXI Stock Report

Market Cap: €6.7b

Nexi Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 (€5.43) is trading above our estimate of fair value (€4.34)

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€6.69b

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 Average3.6x
BMED Banca Mediolanum
4.1x12.6%€8.6b
BGN Banca Generali
5.2x-2.2%€4.9b
BFF BFF Bank
3.2x6.7%€1.6b
IF Banca IFIS
1.8x3.4%€1.2b
NEXI Nexi
1.1x-13.4%€6.7b

Price-To-Sales vs Peers: NEXI is good value based on its Price-To-Sales Ratio (1.1x) compared to the peer average (3.6x).

Price to Sales Ratio vs Industry

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

17 CompaniesPrice / SalesEstimated GrowthMarket Cap
NEXI 1.1xIndustry Avg. 2.0xNo. of Companies17PS0246810+
17 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 (2x).

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 Ratio3.1x

Price-To-Sales vs Fair Ratio: NEXI is good value based on its Price-To-Sales Ratio (1.1x) compared to the estimated Fair Price-To-Sales Ratio (3.1x).

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€5.43
€7.88
+45.1%
14.4%€10.40€5.50n/a19
Nov ’25€5.82
€7.93
+36.4%
14.0%€10.40€5.50n/a19
Oct ’25€5.94
€8.12
+36.5%
13.9%€10.40€5.50n/a18
Sep ’25€6.31
€8.16
+29.2%
13.8%€10.40€5.50n/a18
Aug ’25€5.73
€8.08
+40.9%
14.7%€10.40€5.50n/a18
Jul ’25€5.79
€8.00
+38.2%
16.3%€10.40€5.50n/a18
Jun ’25€6.09
€7.98
+31.0%
15.9%€10.40€5.50n/a19
May ’25€5.48
€7.90
+44.2%
16.3%€10.40€5.50n/a19
Apr ’25€5.87
€8.14
+38.7%
15.0%€10.40€5.50n/a19
Mar ’25€6.93
€8.67
+25.1%
22.7%€15.80€6.30n/a19
Feb ’25€7.05
€8.80
+24.8%
22.6%€15.80€6.30n/a19
Jan ’25€7.41
€8.72
+17.7%
22.6%€15.80€6.30n/a19
Dec ’24€7.27
€8.80
+21.0%
22.4%€15.80€6.30n/a19
Nov ’24€5.70
€9.21
+61.6%
24.4%€15.80€6.30€5.8219
Oct ’24€5.79
€10.80
+86.6%
18.2%€15.80€7.60€5.9418
Sep ’24€6.63
€10.98
+65.6%
17.6%€15.80€7.60€6.3119
Aug ’24€7.33
€11.01
+50.2%
17.8%€15.80€7.60€5.7319
Jul ’24€7.18
€11.08
+54.3%
17.9%€15.80€7.60€5.7918
Jun ’24€7.32
€11.08
+51.4%
17.9%€15.80€7.60€6.0918
May ’24€7.51
€11.13
+48.2%
17.7%€15.80€7.60€5.4818
Apr ’24€7.49
€11.31
+51.1%
15.9%€15.80€8.60€5.8718
Mar ’24€7.50
€11.65
+55.3%
14.4%€15.80€8.60€6.9318
Feb ’24€8.21
€11.62
+41.5%
16.4%€15.80€8.60€7.0519
Jan ’24€7.37
€12.19
+65.6%
16.0%€15.80€8.60€7.4119
Dec ’23€8.46
€12.38
+46.4%
14.8%€15.80€9.80€7.2718
Nov ’23€8.69
€12.56
+44.6%
18.8%€18.00€9.60€5.7017

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

Discover undervalued companies

Met.Extra Group

€9.1m

Processes and markets ferrous and non-ferrous materials used in the production of stainless steel in Italy and Europe.

MET

€2.16

7D

-6.1%

1Y

-19.4%

Anima Holding

€1.9b

Anima Holding S.p.A. is a publicly owned investment manager.

ANIM

€6.16

7D

-1.6%

1Y

51.3%

NB Aurora SICAF-RAIF

€330.4m

A private equity firm specializing in growth, middle market and patient capital, equity and quasi-equity investments.

AUR

€13.46

7D

0%

1Y

2.7%