NEXITY (NXI.PA)
FR0010112524 - Common Stock
We assign a fundamental rating of 4 out of 10 to NXI. NXI was compared to 68 industry peers in the Real Estate Management & Development industry. NXI has an average financial health and profitability rating. NXI is valued correctly, but it does not seem to be growing. Finally NXI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NXI had positive earnings in the past year.
NXI had a positive operating cash flow in the past year.
In the past 5 years NXI has always been profitable.
NXI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NXI has a better Return On Assets (0.80%) than 66.07% of its industry peers.
NXI has a better Return On Equity (2.89%) than 64.29% of its industry peers.
NXI has a Return On Invested Capital of 3.65%. This is in the better half of the industry: NXI outperforms 69.64% of its industry peers.
NXI had an Average Return On Invested Capital over the past 3 years of 5.39%. This is in line with the industry average of 4.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 2.89% | ||
| ROIC | 3.65% |
ROA(3y)2.06%
ROA(5y)1.87%
ROE(3y)9.13%
ROE(5y)8.62%
ROIC(3y)5.39%
ROIC(5y)4.89%
1.3 Margins
The Profit Margin of NXI (1.52%) is better than 62.50% of its industry peers.
NXI's Profit Margin has declined in the last couple of years.
NXI has a Operating Margin (5.53%) which is in line with its industry peers.
NXI's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 25.85%, NXI is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
NXI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.53% | ||
| PM (TTM) | 1.52% | ||
| GM | 25.85% |
OM growth 3Y-0.04%
OM growth 5Y-9.53%
PM growth 3Y-42.17%
PM growth 5Y-41.43%
GM growth 3Y-1.19%
GM growth 5Y-1.12%
2. Health
2.1 Basic Checks
NXI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, NXI has less shares outstanding
Compared to 5 years ago, NXI has less shares outstanding
Compared to 1 year ago, NXI has a worse debt to assets ratio.
2.2 Solvency
NXI has an Altman-Z score of 1.16. This is a bad value and indicates that NXI is not financially healthy and even has some risk of bankruptcy.
NXI has a Altman-Z score of 1.16. This is in the better half of the industry: NXI outperforms 64.29% of its industry peers.
The Debt to FCF ratio of NXI is 11.54, which is on the high side as it means it would take NXI, 11.54 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.54, NXI is in the better half of the industry, outperforming 76.79% of the companies in the same industry.
A Debt/Equity ratio of 0.79 indicates that NXI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.79, NXI is in line with its industry, outperforming 44.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 11.54 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.39
WACC2.62%
2.3 Liquidity
A Current Ratio of 1.35 indicates that NXI should not have too much problems paying its short term obligations.
NXI's Current ratio of 1.35 is in line compared to the rest of the industry. NXI outperforms 44.64% of its industry peers.
NXI has a Quick Ratio of 1.35. This is a bad value and indicates that NXI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.81, NXI perfoms like the industry average, outperforming 48.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.81 |
3. Growth
3.1 Past
The earnings per share for NXI have decreased strongly by -61.45% in the last year.
NXI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -41.87% yearly.
Looking at the last year, NXI shows a very negative growth in Revenue. The Revenue has decreased by -17.77% in the last year.
Measured over the past years, NXI shows a small growth in Revenue. The Revenue has been growing by 0.13% on average per year.
EPS 1Y (TTM)-61.45%
EPS 3Y-45.18%
EPS 5Y-41.87%
EPS Q2Q%432.29%
Revenue 1Y (TTM)-17.77%
Revenue growth 3Y-4.22%
Revenue growth 5Y0.13%
Sales Q2Q%-16.42%
3.2 Future
NXI is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -28.54% yearly.
The Revenue is expected to decrease by -6.27% on average over the next years.
EPS Next Y-188.09%
EPS Next 2Y-94.47%
EPS Next 3Y-28.54%
EPS Next 5YN/A
Revenue Next Year-18.72%
Revenue Next 2Y-12.26%
Revenue Next 3Y-6.27%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.99 indicates a correct valuation of NXI.
Compared to the rest of the industry, the Price/Earnings ratio of NXI indicates a somewhat cheap valuation: NXI is cheaper than 67.86% of the companies listed in the same industry.
NXI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 30.69.
With a Price/Forward Earnings ratio of 2859.41, NXI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NXI is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of NXI to the average of the S&P500 Index (22.55), we can say NXI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 2859.41 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXI is valued cheaply inside the industry as 91.07% of the companies are valued more expensively.
NXI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NXI is cheaper than 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.97 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
NXI's earnings are expected to decrease with -28.54% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-94.47%
EPS Next 3Y-28.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 17.45%, NXI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.36, NXI pays a better dividend. On top of this NXI pays more dividend than 94.64% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.22, NXI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.45% |
5.2 History
The dividend of NXI decreases each year by -0.01%.
Dividend Growth(5Y)-0.01%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
NXI pays out 2.52% of its income as dividend. This is a sustainable payout ratio.
NXI's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP2.52%
EPS Next 2Y-94.47%
EPS Next 3Y-28.54%
NEXITY
EPA:NXI (10/30/2024, 7:00:00 PM)
14.44
-0.16 (-1.1%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap799.72M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.45% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.99 | ||
| Fwd PE | 2859.41 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 2.89% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.53% | ||
| PM (TTM) | 1.52% | ||
| GM | 25.85% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-61.45%
EPS 3Y-45.18%
EPS 5Y
EPS Q2Q%
EPS Next Y-188.09%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-17.77%
Revenue growth 3Y-4.22%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y