Nexans SA Financials
| NEX Stock | EUR 106.40 0.70 0.66% |
Nexans |
Understanding current and past Nexans SA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nexans SA's financial statements are interrelated, with each one affecting the others. For example, an increase in Nexans SA's assets may result in an increase in income on the income statement.
Please note, the presentation of Nexans SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nexans SA's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nexans SA's management manipulating its earnings.
Nexans SA Stock Summary
Nexans SA competes with Publicis Groupe, Pernod Ricard, Compagnie Generale, and Compagnie. Nexans S.A. provides cables and cabling solutions worldwide. Nexans S.A. was founded in 1994 and is headquartered in Courbevoie, France. NEXANS operates under Diversified Industrials classification in France and is traded on Paris Stock Exchange. It employs 22972 people.| Foreign Associates | |
| Instrument | France Stock View All |
| Exchange | Euronext Paris |
| ISIN | FR0000044448 |
| Business Address | Le Vinci, Courbevoie, |
| Sector | Industrials |
| Industry | Diversified Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.nexans.com |
| Phone | 33 1 78 15 00 00 |
| Currency | EUR - Euro |
You should never invest in Nexans SA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nexans Stock, because this is throwing your money away. Analyzing the key information contained in Nexans SA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nexans SA Key Financial Ratios
Nexans SA's financial ratios allow both analysts and investors to convert raw data from Nexans SA's financial statements into concise, actionable information that can be used to evaluate the performance of Nexans SA over time and compare it to other companies across industries.| Return On Equity | 0.16 | |||
| Return On Asset | 0.0406 | |||
| Target Price | 99.0 | |||
| Beta | 1.56 | |||
| Z Score | 4.6 |
Nexans Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nexans SA's current stock value. Our valuation model uses many indicators to compare Nexans SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexans SA competition to find correlations between indicators driving Nexans SA's intrinsic value. More Info.Nexans SA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nexans SA is roughly 3.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nexans SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nexans SA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nexans SA Systematic Risk
Nexans SA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nexans SA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Nexans SA correlated with the market. If Beta is less than 0 Nexans SA generally moves in the opposite direction as compared to the market. If Nexans SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nexans SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nexans SA is generally in the same direction as the market. If Beta > 1 Nexans SA moves generally in the same direction as, but more than the movement of the benchmark.
Nexans SA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nexans SA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nexans SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nexans SA based on widely used predictive technical indicators. In general, we focus on analyzing Nexans Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nexans SA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.28 | |||
| Value At Risk | (4.61) | |||
| Potential Upside | 4.21 |
Complementary Tools for Nexans Stock analysis
When running Nexans SA's price analysis, check to measure Nexans SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexans SA is operating at the current time. Most of Nexans SA's value examination focuses on studying past and present price action to predict the probability of Nexans SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexans SA's price. Additionally, you may evaluate how the addition of Nexans SA to your portfolios can decrease your overall portfolio volatility.
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