Obermatt

Nexans

PAR:NEX · FR0000044448
Electrical EquipmentLarge

360

76
EV / EBIT89
Price / Owner Earnings35
Owner Earnings Yield68
Dividend Yield77
Price/Sales71
EV / Gross Profit78
Price/Book60
Return on Capital63
Cash Return on Capital59
Return on Equity56
EBIT Margin35
Gross Profitability27
Cash Conversion81
Accruals85
Owner Earnings Margin40
Sales growth41
Profit Growth75
Long-Term EPS Growth93
Owner Earnings Growth11
Reinvestment26
Price momentum63
Debt load23
Refinancing14
Debt Payback47
Liquidity62
Analyst ratings58
Opinion Changes50
Price Target Upside48
Market mood66
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Nexans clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryFrance
IndustryElectrical Equipment
SizeLarge
TypePublic Company
ExchangeENXTPA
Founded1994
Employees4,663
Websitenexans.com
ISINFR0000044448
Last UpdateApr 2, 2026
Themes
Onshore and Offshore WindIndustrial AutomationClean EnergyPower GridOptical InfrastructureEnergy Efficiency

Description

Nexans S.A. operates through Building & Territories, Generation & Transmission, Industry & Solutions, and other activities segments. The company offers cables for the energy distribution networks, as well as equipment cables for buildings. It also pr…

Analysis

Bargain bin

Nexans S.A. is priced cheaply, and that invites the natural question of why, since the underlying business scores below average.

On valuation, the picture is expensive. The owner-earnings multiple stands at 39.7×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 15% a year, against analyst forecasts of 29%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is adequate. The company scores 10/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
71
2023202420252026

All-time high

86

Jan 2023

All-time low

28

Jan 2025

Average rank

58

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
71
67
76
77
Price/Earnings
49
57
55
54
Price/Book
60
39
54
51
Dividend Yield
77
68
55
51
Value (overall)
84
61
53
72

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →