BIT:NEXI

Stock Analysis Report

Executive Summary

Nexi S.p.A. provides payment solutions to banks, financial institutions, insurance companies, merchants, businesses, and public administration in Italy.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

3.9%

NEXI

2.7%

IT IT

0.6%

IT Market


1 Year Return

n/a

NEXI

16.3%

IT IT

15.3%

IT Market

Return vs Industry: Insufficient data to determine how NEXI performed against the Italian IT industry.

Return vs Market: Insufficient data to determine how NEXI performed against the Italian Market.


Shareholder returns

NEXIIndustryMarket
7 Day3.9%2.7%0.6%
30 Day-0.9%1.2%1.0%
90 Day1.5%-1.2%1.0%
1 Yearn/a17.4%16.3%20.6%15.3%
3 Yearn/a93.1%88.7%27.0%8.2%
5 Yearn/a149.2%122.4%21.3%-26.1%

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

Valuation

Is Nexi undervalued compared to its fair value and its price relative to the market?

1664.12x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NEXI (€9.8) is trading above our estimate of fair value (€5.06)

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 (1664.1x) compared to the IT industry average (31.4x).

PE vs Market: NEXI is poor value based on its PE Ratio (1664.1x) compared to the Italian market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: NEXI is poor value based on its PEG Ratio (42.3x)


Price to Book Ratio

PB vs Industry: NEXI is overvalued based on its PB Ratio (4.6x) compared to the IT IT industry average (2.9x).


Next Steps

Future Growth

How is Nexi forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

39.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEXI's forecast earnings growth (39.4% per year) is above the savings rate (2.9%).

Earnings vs Market: NEXI's earnings (39.4% per year) are forecast to grow faster than the Italian market (8.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NEXI's revenue (2.2% per year) is forecast to grow slower than the Italian market (3% per year).

High Growth Revenue: NEXI's revenue (2.2% per year) is forecast to grow slower than 20% 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 (13.3%).


Next Steps

Past Performance

How has Nexi performed over the past 5 years?

-54.5%

Last years earnings growth


Earnings and Revenue History


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 (-54.5%) over the past year, making it difficult to compare to the IT industry average (10%).


Return on Equity

High ROE: NEXI's Return on Equity (2.8%) is considered low.


Return on Assets

ROA vs Industry: NEXI has a higher Return on Assets than the IT industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate NEXI's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is Nexi's financial position?


Financial Position Analysis

Short Term Liabilities: NEXI's short term assets (€2.4B) exceeds its short term liabilities (€682.1M)

Long Term Liabilities: NEXI's short term assets (2.4B) do not cover its long term liabilities (3.5B)


Debt to Equity History and Analysis

Debt Level: NEXI's debt to equity ratio (251.3%) 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 (4.4%).

Interest Coverage: NEXI's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet

Inventory Level: NEXI has a low level of unsold assets or inventory.

Debt Coverage by Assets: NEXI's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

What is Nexi's current dividend yield, its reliability and sustainability?

0.37%

Forecast Dividend Yield


Dividend Yield vs Market

company0%marketbottom25%2.1%markettop25%4.4%industryaverage1.8%forecastin3Years0.4%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate NEXI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate NEXI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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 Italian 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 Italian market.


Next Steps

Management

What is the CEO of Nexi's salary, the management and board of directors tenure and is there insider trading?


CEO

Paolo Bertoluzzo (53yo)

0yrs

Tenure

0

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 ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Paolo Bertoluzzo (53yo)

    CEO, GM & Director

    • Tenure: 0yrs

Board Members

  • Jeff Paduch

    Director

    • Tenure: 0yrs
  • Federico Ghizzoni (64yo)

    Director

    • Tenure: 0yrs
  • Paolo Bertoluzzo (53yo)

    CEO, GM & Director

    • Tenure: 0yrs
  • Simone Cucchetti (43yo)

    Director

    • Tenure: 0yrs
  • Giuseppe Capponcelli (62yo)

    Deputy Chairman

    • Tenure: 0yrs
  • Francesco Casiraghi (41yo)

    Director

    • Tenure: 0yrs
  • Luca Bassi

    Director

    • Tenure: 0yrs
  • Michaela Castelli (49yo)

    Chairman of the Board

    • Tenure: 0yrs
  • Antonio Patuelli

    Director

    • Tenure: 0yrs
  • Piero Alonzo

    Chairman of Board of Statutory Auditors

    • Tenure: 0yrs

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: BIT
  • Founded:
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: €6.152b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NEXIBIT (Borsa Italiana)YesOrdinary SharesITEURApr 2019
NEXIWBAG (Wiener Boerse AG)YesOrdinary SharesATEURApr 2019
NEXIMBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURApr 2019
N0XADB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 2019

Biography

Nexi S.p.A. provides payment solutions to banks, financial institutions, insurance companies, merchants, businesses, and public administration in Italy. The company is involved in the configuration, activa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 22:07
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.