BN · rank #13 · 2026-09-11
NEX
PARIS · EUR · $7.05B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.57 |
|---|---|
| Forward revenue growth Consensus forward revenue growth. | +8.6% |
| Forward net margin Consensus forward net margin. | +1.2% |
| Net margin TTM Trailing twelve month net margin. | +1.0% |
| Margin expansion Forward minus trailing net margin (percentage points). | +0.2% |
| 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. | 2.88× |
| Analyst upside Spread between the consensus 12m target and the current price. | +23.4% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $7.05B |
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 S.A. is a French cable manufacturer specializing in electrification, producing high-voltage subsea and land cables for power transmission and distribution [COMPETITIVE_POSITION].
Rationale
The bottleneck-solver signal is highly valid as Nexans directly addresses power grid capacity constraints with a massive €7.7 billion backlog through mid-2028, translating into a low 0.41 forward PEG and 23.37% analyst upside [BUSINESS_STATUS, COMPETITIVE_POSITION].
Material risks
- 1Regulatory approval delays or execution hurdles on major projects like the €1.2 billion Great Sea Interconnector could stall backlog realization and hurt profitability [TOP_RISKS].
- 2Intense competition from global cable manufacturers like Prysmian and NKT could erode Nexans' pricing power and limit margin expansion in high-voltage segments [COMPETITIVE_POSITION, TOP_RISKS].
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.