NEXI SPA (NEXI.MI) Stock Fundamental Analysis
BIT:NEXI - Euronext Milan - IT0005366767 - Common Stock - Currency: EUR
We assign a fundamental rating of 4 out of 10 to NEXI. NEXI was compared to 50 industry peers in the Financial Services industry. NEXI has a bad profitability rating. Also its financial health evaluation is rather negative. NEXI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year NEXI was profitable.
In the past year NEXI had a positive cash flow from operations.
Of the past 5 years NEXI 4 years were profitable.
Each year in the past 5 years NEXI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.68%, NEXI is doing worse than 64.00% of the companies in the same industry.
With a Return On Equity value of 1.53%, NEXI is not doing good in the industry: 64.00% of the companies in the same industry are doing better.
NEXI's Return On Invested Capital of 1.29% is on the low side compared to the rest of the industry. NEXI is outperformed by 68.00% of its industry peers.
NEXI had an Average Return On Invested Capital over the past 3 years of 1.03%. This is significantly below the industry average of 11.75%.
The 3 year average ROIC (1.03%) for NEXI is below the current ROIC(1.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.53% | ||
| ROIC | 1.29% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
1.3 Margins
NEXI's Profit Margin of 2.85% is on the low side compared to the rest of the industry. NEXI is outperformed by 64.00% of its industry peers.
In the last couple of years the Profit Margin of NEXI has declined.
NEXI has a Operating Margin of 7.08%. This is in the lower half of the industry: NEXI underperforms 68.00% of its industry peers.
NEXI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 57.47%, NEXI is in line with its industry, outperforming 58.00% of the companies in the same industry.
NEXI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% |
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so NEXI is destroying value.
Compared to 1 year ago, NEXI has less shares outstanding
NEXI has more shares outstanding than it did 5 years ago.
NEXI has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.86, we must say that NEXI is in the distress zone and has some risk of bankruptcy.
NEXI's Altman-Z score of 0.86 is on the low side compared to the rest of the industry. NEXI is outperformed by 60.00% of its industry peers.
The Debt to FCF ratio of NEXI is 19.36, which is on the high side as it means it would take NEXI, 19.36 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NEXI (19.36) is worse than 64.00% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that NEXI is somewhat dependend on debt financing.
NEXI's Debt to Equity ratio of 0.93 is on the low side compared to the rest of the industry. NEXI is outperformed by 62.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 19.36 | ||
| Altman-Z | 0.86 |
ROIC/WACC0.18
WACC7.01%
2.3 Liquidity
NEXI has a Current Ratio of 0.02. This is a bad value and indicates that NEXI is not financially healthy enough and could expect problems in meeting its short term obligations.
NEXI's Current ratio of 0.02 is on the low side compared to the rest of the industry. NEXI is outperformed by 78.00% of its industry peers.
NEXI has a Quick Ratio of 0.02. This is a bad value and indicates that NEXI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of NEXI (0.01) is worse than 78.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.01 |
3. Growth
3.1 Past
NEXI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.23%, which is quite impressive.
The Earnings Per Share has been decreasing by -7.37% on average over the past years.
NEXI shows a small growth in Revenue. In the last year, the Revenue has grown by 6.48%.
Measured over the past years, NEXI shows a very strong growth in Revenue. The Revenue has been growing by 32.10% on average per year.
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%N/A
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%N/A
3.2 Future
The Earnings Per Share is expected to grow by 14.56% on average over the next years. This is quite good.
Based on estimates for the next years, NEXI will show a small growth in Revenue. The Revenue will grow by 1.02% on average per year.
EPS Next Y16.19%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
EPS Next 5Y14.56%
Revenue Next Year3.26%
Revenue Next 2Y3.96%
Revenue Next 3Y4.33%
Revenue Next 5Y1.02%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
NEXI is valuated quite expensively with a Price/Earnings ratio of 32.55.
NEXI's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of NEXI to the average of the S&P500 Index (26.60), we can say NEXI is valued slightly more expensively.
The Price/Forward Earnings ratio is 6.37, which indicates a rather cheap valuation of NEXI.
Based on the Price/Forward Earnings ratio, NEXI is valued cheaply inside the industry as 88.00% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.39, NEXI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.55 | ||
| Fwd PE | 6.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NEXI indicates a somewhat cheap valuation: NEXI is cheaper than 68.00% of the companies listed in the same industry.
NEXI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NEXI is cheaper than 72.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.39 | ||
| EV/EBITDA | 7.31 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
NEXI's earnings are expected to grow with 13.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.01
PEG (5Y)N/A
EPS Next 2Y13.72%
EPS Next 3Y13.12%
5. Dividend
5.1 Amount
NEXI has a Yearly Dividend Yield of 4.73%, which is a nice return.
NEXI's Dividend Yield is a higher than the industry average which is at 3.81.
NEXI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1.75% of the earnings are spent on dividend by NEXI. This is a low number and sustainable payout ratio.
DP1.75%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
BIT:NEXI (6/13/2025, 12:45:06 PM)
4.882
-0.21 (-4.05%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners22.7%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.01B
Analysts79.09
Price Target7.02 (43.79%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.73% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP1.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.01%
PT rev (3m)-4.81%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.99%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.55 | ||
| Fwd PE | 6.37 | ||
| P/S | 1.02 | ||
| P/FCF | 11.39 | ||
| P/OCF | 6.17 | ||
| P/B | 0.55 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.31 |
EPS(TTM)0.15
EY3.07%
EPS(NY)0.77
Fwd EY15.71%
FCF(TTM)0.43
FCFY8.78%
OCF(TTM)0.79
OCFY16.22%
SpS4.78
BVpS8.89
TBVpS-4.26
PEG (NY)2.01
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.53% | ||
| ROCE | 2.38% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 4.99% | ||
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% | ||
| FCFM | 8.96% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
ROICexc(3y)1.05%
ROICexc(5y)1.18%
ROICexgc(3y)4.14%
ROICexgc(5y)4.26%
ROCE(3y)1.85%
ROCE(5y)2.32%
ROICexcg growth 3Y85.42%
ROICexcg growth 5Y23.49%
ROICexc growth 3Y107.74%
ROICexc growth 5Y13.46%
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
F-Score7
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 19.36 | ||
| Debt/EBITDA | 7.69 | ||
| Cap/Depr | 49.05% | ||
| Cap/Sales | 7.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.37% | ||
| Profit Quality | 314.92% | ||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.01 | ||
| Altman-Z | 0.86 |
F-Score7
WACC7.01%
ROIC/WACC0.18
Cap/Depr(3y)42.35%
Cap/Depr(5y)56.56%
Cap/Sales(3y)8.77%
Cap/Sales(5y)9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%N/A
EPS Next Y16.19%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
EPS Next 5Y14.56%
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%N/A
Revenue Next Year3.26%
Revenue Next 2Y3.96%
Revenue Next 3Y4.33%
Revenue Next 5Y1.02%
EBIT growth 1Y7.2%
EBIT growth 3Y109.78%
EBIT growth 5Y54.68%
EBIT Next Year55.56%
EBIT Next 3Y21.2%
EBIT Next 5Y14.21%
FCF growth 1Y20.36%
FCF growth 3Y131.82%
FCF growth 5Y109.91%
OCF growth 1Y7.93%
OCF growth 3Y44.33%
OCF growth 5Y40.14%