What is the price-to-earnings ratio of Nexans?
The price-earnings ratio of Nexans is currently 0.64.
Nexans P/S 2024
Nexans P/S
0.64
Nexans Dividend yield
1.92 %
Ticker
NEX.PA
ISIN
FR0000044448
WKN
676168
As of May 20, 2024, Nexans's P/S ratio stood at 0.64, a 56.1% change from the 0.41 P/S ratio recorded in the previous year.
The Nexans P/S history
Nexans Aktienanalyse
What does Nexans do?
Nexans SA is a leading global provider of advanced cable and cable system solutions for energy transmission and distribution, infrastructure and construction industries, as well as for installation in mining, automotive and other markets. The French company has been operating in the cable industry since 1897 and has consistently contributed to innovations and progress. Nexans' business model is based on a wide range of products and services for various applications. The company is divided into three main business areas: Energy, Infrastructure, and Industry. Nexans offers innovative cables, system solutions, and services for energy transmission, distribution, automotive use, mining and utility industries, as well as for building and infrastructure sectors. In the energy sector, Nexans develops and produces various types of cables used for long-distance energy transmission and distribution. The company offers a wide range of cables for underwater and offshore installations designed for renewable energy generation, such as wind farms. In the infrastructure sector, Nexans provides solutions for cable installation in buildings, bridges, tunnels, as well as in the telecommunications and transportation industries. Top products include fiber optic and communication cables, fire alarm and security cables, as well as industrial cables. The industrial sector specializes in products for use in the automotive, mining, and other industrial applications. Nexans offers specialized cables for the automotive and aviation industries that can withstand high demands and improve vehicle performance. Nexans not only offers a wide range of products but also scores points with innovative technologies. The company has developed a technology to replace cables made of aluminum and lead with cables made of novel, more efficient materials such as polymers. This allows the cables to be much more flexible and resistant, better meeting the requirements of users. In summary, Nexans offers its customers a wide range of technical products and solutions that drive progress and development in many industries. This is also evident in numerous successful projects. For example, the company won the energy cable contract for the offshore wind farm project Merkur in the North Sea, setting a milestone in the field of renewable energy. To strengthen its position as a leading provider of cable and system solutions on an international level, Nexans has expanded its business through a series of acquisitions and partnerships in recent years. This includes the acquisition of a cable manufacturer in Argentina and a cable manufacturer in Norway. Nexans has thus evolved into an innovative and dynamic company that not only offers a wide range of products and services on an international level but also excels with state-of-the-art technology and a dedicated team of professionals. Nexans ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding Nexans's P/S Ratio
Nexans's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing Nexans's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating Nexans's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in Nexans’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about Nexans Stock
How has the price-earnings ratio of Nexans changed compared to last year?
The price-to-earnings ratio of Nexans has increased by 56.1% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Nexans high compared to other companies?
Yes, the price-to-earnings ratio of Nexans is high compared to other companies.
How does an increase in the price-earnings ratio of Nexans affect the company?
An increase in the price-earnings ratio of Nexans would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Nexans affect the company?
A decrease in the price-earnings ratio of Nexans would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Nexans?
Some factors that influence the price-earnings ratio of Nexans are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Nexans pay?
Over the past 12 months, Nexans paid a dividend of 2.1 EUR . This corresponds to a dividend yield of about 1.92 %. For the coming 12 months, Nexans is expected to pay a dividend of 2.32 EUR.
What is the dividend yield of Nexans?
The current dividend yield of Nexans is 1.92 %.
When does Nexans pay dividends?
Nexans pays a quarterly dividend. This is distributed in the months of June, June, June, June.
How secure is the dividend of Nexans?
Nexans paid dividends every year for the past 7 years.
What is the dividend of Nexans?
For the upcoming 12 months, dividends amounting to 2.32 EUR are expected. This corresponds to a dividend yield of 2.11 %.
In which sector is Nexans located?
Nexans is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Nexans kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Nexans from 5/23/2024 amounting to 2.3 EUR, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did Nexans pay the last dividend?
The last dividend was paid out on 5/23/2024.
What was the dividend of Nexans in the year 2023?
In the year 2023, Nexans distributed 1.2 EUR as dividends.
In which currency does Nexans pay out the dividend?
The dividends of Nexans are distributed in EUR.
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Andere Kennzahlen von Nexans
Our stock analysis for Nexans Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nexans Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
