Nexans Sa Stock Fundamentals

NEX Stock  EUR 97.30  4.60  4.96%   
Nexans SA fundamentals help investors to digest information that contributes to Nexans SA's financial success or failures. It also enables traders to predict the movement of Nexans Stock. The fundamental analysis module provides a way to measure Nexans SA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexans SA stock.
  
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Nexans SA Company Return On Equity Analysis

Nexans SA's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Nexans SA Return On Equity

    
  0.16  
Most of Nexans SA's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexans SA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Nexans SA has a Return On Equity of 0.1584. This is 64.0% lower than that of the Industrials sector and 105.54% lower than that of the Diversified Industrials industry. The return on equity for all France stocks is 151.1% lower than that of the firm.

Nexans SA Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nexans SA's current stock value. Our valuation model uses many indicators to compare Nexans SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexans SA competition to find correlations between indicators driving Nexans SA's intrinsic value. More Info.
Nexans SA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nexans SA is roughly  3.90 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nexans SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nexans SA's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Nexans Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexans SA's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexans SA could also be used in its relative valuation, which is a method of valuing Nexans SA by comparing valuation metrics of similar companies.
Nexans SA is currently under evaluation in return on equity category among its peers.

Nexans Fundamentals

About Nexans SA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nexans SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexans SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexans SA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

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Other Information on Investing in Nexans Stock

Nexans SA financial ratios help investors to determine whether Nexans Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexans with respect to the benefits of owning Nexans SA security.