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Nexans

DB:NXS
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NXS
DB
€1B
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

Nexans S.A. provides cables and cabling solutions worldwide. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Nexans has significant price volatility in the past 3 months.
NXS Share Price and Events
7 Day Returns
-3.5%
DB:NXS
9.2%
DE Electrical
9.9%
DE Market
1 Year Returns
-3.3%
DB:NXS
-8.2%
DE Electrical
-17.5%
DE Market
NXS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nexans (NXS) -3.5% -32.6% -37.2% -3.3% -42.7% -14.9%
DE Electrical 9.2% -20.6% -35.2% -8.2% -43.7% -44.1%
DE Market 9.9% -16.6% -24.8% -17.5% -24.5% -28.1%
1 Year Return vs Industry and Market
  • NXS outperformed the Electrical industry which returned -8.2% over the past year.
  • NXS outperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
NXS
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Nexans undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nexans to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nexans.

DB:NXS Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:NXS
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.118 (1 + (1- 33%) (94.77%))
1.555
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.56
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.555 * 6.07%)
9.05%

Discounted Cash Flow Calculation for DB:NXS using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nexans is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:NXS DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 9.05%)
2020 -43.66 Analyst x5 -40.04
2021 144.76 Analyst x5 121.73
2022 179.27 Analyst x3 138.24
2023 203.66 Est @ 13.61% 144.02
2024 222.82 Est @ 9.41% 144.49
2025 237.24 Est @ 6.47% 141.07
2026 247.70 Est @ 4.41% 135.07
2027 255.06 Est @ 2.97% 127.54
2028 260.06 Est @ 1.96% 119.25
2029 263.33 Est @ 1.26% 110.73
Present value of next 10 years cash flows €1,142.00
DB:NXS DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €263.33 × (1 + -0.39%) ÷ (9.05% – -0.39%)
€2,778.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €2,778.80 ÷ (1 + 9.05%)10
€1,168.48
DB:NXS Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,142.00 + €1,168.48
€2,310.48
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €2,310.48 / 43.46
€53.16
DB:NXS Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:NXS represents 1.01962x of ENXTPA:NEX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
1.01962x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 53.16 x 1.01962
€54.20
Value per share (EUR) From above. €54.20
Current discount Discount to share price of €27.55
= -1 x (€27.55 - €54.20) / €54.20
49.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nexans is available for.
Intrinsic value
49%
Share price is €27.55 vs Future cash flow value of €54.2
Current Discount Checks
For Nexans to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nexans's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nexans's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nexans's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nexans's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:NXS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EUR €-2.81
ENXTPA:NEX Share Price ** ENXTPA (2020-03-31) in EUR €27.02
Germany Electrical Industry PE Ratio Median Figure of 6 Publicly-Listed Electrical Companies 22.57x
Germany Market PE Ratio Median Figure of 399 Publicly-Listed Companies 16.31x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nexans.

DB:NXS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:NEX Share Price ÷ EPS (both in EUR)

= 27.02 ÷ -2.81

-9.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nexans is loss making, we can't compare its value to the DE Electrical industry average.
  • Nexans is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Nexans's expected growth come at a high price?
Raw Data
DB:NXS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -9.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
73.4%per year
Germany Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.18x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nexans, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nexans's assets?
Raw Data
DB:NXS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EUR €27.83
ENXTPA:NEX Share Price * ENXTPA (2020-03-31) in EUR €27.02
Germany Electrical Industry PB Ratio Median Figure of 14 Publicly-Listed Electrical Companies 1.69x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.43x
DB:NXS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:NEX Share Price ÷ Book Value per Share (both in EUR)

= 27.02 ÷ 27.83

0.97x

* Primary Listing of Nexans.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nexans is good value based on assets compared to the DE Electrical industry average.
X
Value checks
We assess Nexans's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Nexans has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Nexans expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
73.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nexans expected to grow at an attractive rate?
  • Nexans's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Nexans's earnings growth is expected to exceed the Germany market average.
  • Nexans's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:NXS Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:NXS Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 73.4%
DB:NXS Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -6.4%
Germany Electrical Industry Earnings Growth Rate Market Cap Weighted Average 69.2%
Germany Electrical Industry Revenue Growth Rate Market Cap Weighted Average 12.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:NXS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:NXS Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 5,044 2
2023-12-31 4,971 2
2022-12-31 4,890 436 188 7
2021-12-31 4,755 396 164 9
2020-12-31 4,483 264 128 7
2020-04-01
DB:NXS Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-12-31 6,735 300 -122
2019-09-30 6,688 274 -132
2019-06-30 6,640 248 -142
2019-03-31 6,565 256 -64
2018-12-31 6,490 263 14
2018-09-30 6,468 212 48
2018-06-30 6,446 160 81
2018-03-31 6,408 163 107
2017-12-31 6,370 165 132
2017-09-30 6,220 164 127
2017-06-30 6,069 162 122
2017-03-31 5,942 146 92

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nexans's earnings are expected to grow significantly at over 20% yearly.
  • Nexans's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:NXS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Nexans Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NXS Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 4.70 4.70 4.70 1.00
2021-12-31 3.72 4.35 2.73 6.00
2020-12-31 2.82 3.43 2.45 5.00
2020-04-01
DB:NXS Past Financials Data
Date (Data in EUR Millions) EPS *
2019-12-31 -2.81
2019-09-30 -3.04
2019-06-30 -3.28
2019-03-31 -1.48
2018-12-31 0.32
2018-09-30 1.10
2018-06-30 1.87
2018-03-31 2.46
2017-12-31 3.05
2017-09-30 2.93
2017-06-30 2.82
2017-03-31 2.12

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Nexans is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Nexans's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nexans has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Nexans performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nexans's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nexans does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Nexans's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Nexans's 1-year growth to the DE Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Nexans's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nexans Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:NXS Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 6,735.00 -122.00 447.00 94.00
2019-09-30 6,687.50 -132.00 458.00 97.50
2019-06-30 6,640.00 -142.00 469.00 101.00
2019-03-31 6,565.00 -64.00 471.50 103.00
2018-12-31 6,490.00 14.00 474.00 105.00
2018-09-30 6,468.00 47.50 472.50 103.00
2018-06-30 6,446.00 81.00 471.00 101.00
2018-03-31 6,408.00 106.50 483.00 100.00
2017-12-31 6,370.00 132.00 495.00 99.00
2017-09-30 6,219.50 127.00 498.00 95.00
2017-06-30 6,069.00 122.00 501.00 91.00
2017-03-31 5,941.50 91.50 500.00 86.00
2016-12-31 5,814.00 61.00 499.00 81.00
2016-09-30 5,866.50 -22.50 504.00 80.50
2016-06-30 5,919.00 -106.00 509.00 80.00
2016-03-31 6,079.00 -150.00 512.50 81.00
2015-12-31 6,239.00 -194.00 516.00 82.00
2015-09-30 6,348.50 -222.50 523.50 81.00
2015-06-30 6,458.00 -251.00 531.00 80.00
2015-03-31 6,430.50 -209.50 533.00 77.50
2014-12-31 6,403.00 -168.00 535.00 75.00
2014-09-30 6,459.00 -165.50 538.50 74.00
2014-06-30 6,515.00 -163.00 542.00 73.00
2014-03-31 6,613.00 -248.00 550.50 74.50
2013-12-31 6,711.00 -333.00 559.00 76.00
2013-09-30 6,862.00 -232.00 564.50 75.50
2013-06-30 7,013.00 -131.00 570.00 75.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Nexans has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Nexans has efficiently used its assets last year compared to the DE Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Nexans improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nexans's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nexans has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Nexans's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nexans's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nexans is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nexans's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nexans's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nexans Company Filings, last reported 3 months ago.

DB:NXS Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,251.00 997.00 642.00
2019-09-30 1,251.00 997.00 642.00
2019-06-30 1,253.00 1,051.00 464.00
2019-03-31 1,253.00 1,051.00 464.00
2018-12-31 1,367.00 1,231.00 901.00
2018-09-30 1,367.00 1,231.00 901.00
2018-06-30 1,418.00 1,017.00 483.00
2018-03-31 1,418.00 1,017.00 483.00
2017-12-31 1,467.00 1,138.00 805.00
2017-09-30 1,467.00 1,138.00 805.00
2017-06-30 1,461.00 1,123.00 700.00
2017-03-31 1,461.00 1,123.00 700.00
2016-12-31 1,469.00 1,236.00 1,025.00
2016-09-30 1,469.00 1,236.00 1,025.00
2016-06-30 1,301.00 1,219.00 846.00
2016-03-31 1,301.00 1,219.00 846.00
2015-12-31 1,227.00 1,213.00 1,012.00
2015-09-30 1,227.00 1,213.00 1,012.00
2015-06-30 1,443.00 1,212.00 681.00
2015-03-31 1,443.00 1,212.00 681.00
2014-12-31 1,433.00 1,270.00 824.00
2014-09-30 1,433.00 1,270.00 824.00
2014-06-30 1,632.00 1,259.00 669.00
2014-03-31 1,632.00 1,259.00 669.00
2013-12-31 1,600.00 1,324.00 997.00
2013-09-30 1,600.00 1,324.00 997.00
2013-06-30 1,572.00 1,354.00 621.00
  • Nexans's level of debt (79.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (88.6% vs 79.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Nexans has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Nexans has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.8% per year.
X
Financial health checks
We assess Nexans's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nexans has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.48%
Current annual income from Nexans dividends. Estimated to be 2.62% next year.
If you bought €2,000 of Nexans shares you are expected to receive €30 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nexans's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.68%).
  • Nexans's dividend is below the markets top 25% of dividend payers in Germany (4.97%).
Upcoming dividend payment

Purchase Nexans before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:NXS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Germany Electrical Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.8%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:NXS Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31 1.07 6.00
2021-12-31 0.75 10.00
2020-12-31 0.48 11.00
2020-04-01
DB:NXS Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2020-02-21 0.400 1.222
2019-03-29 0.300 0.905
2019-02-14 0.300 1.064
2018-04-04 0.700 2.430
2017-03-20 0.500 1.022
2017-02-09 0.500 1.016
2014-08-27 0.000 0.000
2014-07-25 0.000 0.000
2014-04-07 0.000 0.000
2014-02-11 0.000 0.000
2013-04-04 0.500 1.337
2012-07-25 1.100 3.039
2012-05-15 1.100 3.572
2011-04-21 1.100 2.219
2010-05-25 1.000 1.798

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Nexans's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.4x coverage).
X
Income/ dividend checks
We assess Nexans's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nexans afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nexans has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Christopher Guérin
COMPENSATION €1,180,382
AGE 47
TENURE AS CEO 1.8 years
CEO Bio

Mr. Christopher Guérin has been Chief Executive Officer of Nexans S.A. since July 4, 2018. Mr. Guérin has been aMember of Management Board of Nexans S.A. since 2014 and its Chairman of Management Board since 2018. He served as Senior Executive Vice President of Europe, Telecom/Datacom & Power Accessories Business Groups at Nexans S.A since 2014. Mr. Guérin has been Senior Executive Vice President of Europe & Telecom/Datacom, Power Accessories Business Groups and Member of Management Board of Nexans Canada Inc. He has been with Nexans since 1997. Mr. Guérin served as Senior Executive Vice President of Europe at Nexans Canada Inc. until March 6, 2017. Mr. Guérin served as a Senior Executive Vice President of Europe at Nexans Société Anonyme until March 3, 2017. He serves as Executive Vice President of Europe Industry Market Line at Nexans Schweiz AG. Mr. Guérin served as Executive Vice President of Europe & Industry Market Line at Nexans Société Anonyme from 2013 to 2014. He serves as Executive Vice President of Europe Industry Market Line at Olex Australia Pty Ltd. Mr. Guérin began his career in sales with Linde Group in 1995 during two years in England before joining Alcatel Cables in 1997 in the Metallurgy Division, he held various sales and marketing Directorship positions. He joined Nexans’ headquarters in 2005 as Sales Director Europe and lead the Sales Transformation program for the Group. Since 2007, he served as Vice President of Marketing for Industry sector and since 2009 the General Manager of the Industry Activity in France. Since 2011, he served as Vice President of Sales and Marketing for the Industry Market line in Europe. He graduated from ESDE / American Business School, he followed the Management Acceleration program at INSEAD.

CEO Compensation
  • Insufficient data for Christopher to compare compensation growth.
  • Christopher's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Nexans management team in years:

1.5
Average Tenure
50
Average Age
  • The average tenure for the Nexans management team is less than 2 years, this suggests a new team.
Management Team

Christopher Guérin

TITLE
Chief Executive Officer
COMPENSATION
€1M
AGE
47
TENURE
1.8 yrs

Angéline Afanoukoé

TITLE
Senior Manager of External Affairs & Director
AGE
48
TENURE
3.3 yrs

Jean-Christophe Juillard

TITLE
Senior Corporate VP & CFO
AGE
50
TENURE
1.3 yrs

Vincent Dessale

TITLE
COO & Senior EVP of Building and Territories Northern Business Group
AGE
52
TENURE
0.3 yrs

Pierre Kayoun

TITLE
Corporate Vice President of Technology & Innovation

François Lavernos

TITLE
Chief Information Officer

Aurélia Baudey-Vignaud

TITLE
Head of Investor Relations

Nino Cusimano

TITLE
Senior Corporate VP
AGE
55

Paul Floren

TITLE
Senior Corporate Vice President of Communications

Mike Holmes

TITLE
Marketing Manager
Board of Directors Tenure

Average tenure and age of the Nexans board of directors in years:

6.4
Average Tenure
58
Average Age
  • The tenure for the Nexans board of directors is about average.
Board of Directors

Georges Chodron de Courcel

TITLE
Non-Executive Chairman
COMPENSATION
€250K
AGE
69
TENURE
4.1 yrs

Angéline Afanoukoé

TITLE
Senior Manager of External Affairs & Director
AGE
48
TENURE
2.5 yrs

Anne Lebel

TITLE
Lead Independent Director
COMPENSATION
€70K
AGE
51
TENURE
1.1 yrs

Véronique Guillot-Pelpel

TITLE
Independent Director
COMPENSATION
€70K
AGE
68
TENURE
9.9 yrs

Colette Lewiner

TITLE
Independent Director
COMPENSATION
€43K
AGE
74
TENURE
15.8 yrs

José Francisco Pérez Mackenna

TITLE
Director
COMPENSATION
€61K
AGE
61
TENURE
8.9 yrs

Hubert Porte

TITLE
Independent Director
COMPENSATION
€46K
AGE
55
TENURE
8.4 yrs

Andrónico Mariano Luksic Craig

TITLE
Director
COMPENSATION
€25K
AGE
65
TENURE
6.9 yrs

Fanny Letier

TITLE
Independent Director
COMPENSATION
€70K
AGE
40
TENURE
5.9 yrs

Kathleen Wantz-O'Rourke

TITLE
Independent Director
COMPENSATION
€43K
AGE
53
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Nexans's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nexans has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Nexans S.A. provides cables and cabling solutions worldwide. The company operates through four segments: Building & Territories, High Voltage & Projects, Telecom & Data, and Industry & Solutions. The Building & Territories segment offers cabling systems and smart energy solutions to building, smart cities/grids, e-mobility, local infrastructure, decentralized energy systems, and rural electrifications. The High Voltage & Projects segment provides offshore wind farms, subsea interconnections, land high-voltage, and smart solutions for the oil and gas sector. The Telecom & Data segment offers copper and fiber optic infrastructure cables in data transmission, telecom networks, hyperscale data centers, and LAN cabling solutions. The Industry & Solutions segment provides support services to OEMs and industrial infrastructure project managers in personalizing their cabling and connection solutions to transport automatic devices, renewable energy, resources, and other sectors. The company also manufactures wire rods, electrical wires, and winding wires. Nexans S.A. was founded in 1994 and is headquartered in Courbevoie, France.

Details
Name: Nexans S.A.
NXS
Exchange: DB
Founded: 1994
€1,174,419,841
43,464,835
Website: http://www.nexans.com
Address: Nexans S.A.
Le Vinci,
4 allée de l’Arche,
Courbevoie,
Ile-de-France, 92400,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA NEX Ordinary Shares Euronext Paris FR EUR 29. May 2001
OTCPK NXPR.F Ordinary Shares Pink Sheets LLC US USD 29. May 2001
DB NXS Ordinary Shares Deutsche Boerse AG DE EUR 29. May 2001
LSE 0IGF Ordinary Shares London Stock Exchange GB EUR 29. May 2001
BATS-CHIXE NEXP Ordinary Shares BATS 'Chi-X Europe' GB EUR 29. May 2001
OTCPK NEXN.Y UNSPONSORD ADR Pink Sheets LLC US USD 24. Sep 2012
Number of employees
Current staff
Staff numbers
25,890
Nexans employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/01 01:53
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/02/21
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.