Nexans SA (France) Performance
| NEX Stock | EUR 107.40 0.60 0.56% |
The company secures a Beta (Market Risk) of -0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nexans SA are expected to decrease at a much lower rate. During the bear market, Nexans SA is likely to outperform the market. At this point, Nexans SA has a negative expected return of -0.12%. Please make sure to verify Nexans SA's accumulation distribution, as well as the relationship between the day median price and period momentum indicator , to decide if Nexans SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Nexans SA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Begin Period Cash Flow | 1.1 B | |
| Total Cashflows From Investing Activities | -183 M |
Nexans |
Nexans SA Relative Risk vs. Return Landscape
If you would invest 11,820 in Nexans SA on August 31, 2024 and sell it today you would lose (1,080) from holding Nexans SA or give up 9.14% of portfolio value over 90 days. Nexans SA is producing return of less than zero assuming 2.4496% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Nexans SA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nexans SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexans SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexans SA, and traders can use it to determine the average amount a Nexans SA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.048
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| Negative Returns | NEX |
Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexans SA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nexans SA by adding Nexans SA to a well-diversified portfolio.
Nexans SA Fundamentals Growth
Nexans Stock prices reflect investors' perceptions of the future prospects and financial health of Nexans SA, and Nexans SA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nexans Stock performance.
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0406 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 4.03 B | |||
| Shares Outstanding | 43.45 M | |||
| Price To Earning | 92.25 X | |||
| Price To Book | 2.29 X | |||
| Price To Sales | 0.47 X | |||
| Revenue | 7.37 B | |||
| EBITDA | 436 M | |||
| Cash And Equivalents | 464 M | |||
| Cash Per Share | 10.70 X | |||
| Total Debt | 645 M | |||
| Debt To Equity | 93.60 % | |||
| Book Value Per Share | 38.01 X | |||
| Cash Flow From Operations | 401 M | |||
| Earnings Per Share | 6.24 X | |||
| Total Asset | 5.59 B | |||
| Retained Earnings | (467 M) | |||
| Current Asset | 3.19 B | |||
| Current Liabilities | 2.28 B | |||
About Nexans SA Performance
By analyzing Nexans SA's fundamental ratios, stakeholders can gain valuable insights into Nexans SA's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nexans SA has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nexans SA has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Nexans SA performance evaluation
Checking the ongoing alerts about Nexans SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexans SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexans SA generated a negative expected return over the last 90 days | |
| Nexans SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 32.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nexans SA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nexans SA's stock is overvalued or undervalued compared to its peers.
- Examining Nexans SA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nexans SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexans SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexans SA's stock. These opinions can provide insight into Nexans SA's potential for growth and whether the stock is currently undervalued or overvalued.
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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