Added to YB: 2026-01-22
Pitch date: 2026-01-20
NEX.PA [bullish]
Nexans S.A.
-4.68%
current return
Author Info
No bio for this author
Company Info
Nexans S.A. manufactures and sells cables in France, Canada, Norway, Germany, and internationally. It operates through PWR-Grid & Connect, PWR-Grid, PWR-Connect, PWR-Transmission, Industry & Solutions, and Other segments.
Market Cap
EUR 5.4B
Pitch Price
EUR 124.00
Price Target
155.00 (+31%)
Dividend
2.30%
EV/EBITDA
8.05
P/E
26.55
EV/Sales
0.73
Sector
Electrical Equipment
Category
value
NEXANS (EPA:NEX): The Electrification Pure Player at the Nexus of the Global Grid Supercycle
NEX.PA: Electrification pure-player w/ 21.6% ROCE, €7.9B backlog in HVDC subsea cables. Trades 7x EV/EBITDA vs peers at 11-18x despite structural growth from grid modernization supercycle. CEO transition risk from Guérin to Hueber. GSI project uncertainty. €155 target.
Read full article (16 min)