BN · rank #14 · 2026-10-22
NEX
PARIS · EUR · $5.97B (USD)
The exact numbers the algorithm saw.
| Composite score Z-score blend of the factors below; drives the rank. | -0.40 |
|---|---|
| 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. | +41.4% |
| Last EPS surprise Most recent reported EPS versus consensus. | — |
| Market cap (USD) | $5.97B |
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. designs and manufactures high-voltage subsea and land cable systems, power distribution networks, and specialized installation vessels for global energy transition projects.
Rationale
Nexans directly addresses a structural European grid infrastructure bottleneck with its proprietary 525 kV HVDC subsea technology and specialized fleet, supported by a €7.7 billion backlog extending revenue visibility through 2028.
Material risks
- 1Aggressive capacity expansion of competing 525 kV HVDC manufacturing by Prysmian, NKT, and Sumitomo Electric could erode Nexans' scarcity pricing power and market share.
- 2Execution, permitting, or customer rescheduling delays across large offshore interconnector projects, particularly the €1.2 billion Great Sea Interconnector backlog exposure, could impair cash flow timing.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 2 of 3 voted to proceed.