BN · rank #11 · 2026-07-21
NEX
PARIS · EUR · $6.66B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.27 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +8.9% |
| Forward net margin Consensus forward net margin. | +5.2% |
| Net margin TTM Trailing twelve month net margin. | +4.5% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.7% |
| Forward PEG Forward P/E to growth. Below 1 is cheap for the growth. | 0.41 |
| Debt / FCF Net debt relative to free cash flow. Lower is safer. | 2.25× |
| Analyst upside Spread between the consensus 12m target and the current price. | +25.9% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $6.66B |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Nexans is a French electrification and power-cable manufacturer focused on subsea and land high-voltage transmission, with PWR-Transmission and related grid businesses driving growth.
Rationale
The quant signal fits a bottleneck-solver thesis because Nexans sits in a scarce-capacity, high-barrier niche with a >€17bn transmission backlog, strong organic transmission growth, and demand tied to AI data centers, grid buildout and offshore power links.
Material risks
- 1Further slippage or non-delivery on major projects like the Great Sea Interconnector could push revenue and cash flow recognition beyond plan and weaken the scarcity thesis if execution keeps slipping.
- 22026 free cash flow guidance of €210–310m is below 2025 and below consensus, so working-capital or capex pressure could trigger de-rating even if EBITDA holds up.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.