NEXITY (NXI.PA)
FR0010112524 - Common Stock
Taking everything into account, NXI scores 4 out of 10 in our fundamental rating. NXI was compared to 70 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. 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.
Each year in the past 5 years NXI has 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 65.52% of its industry peers.
NXI has a better Return On Equity (2.89%) than 63.79% 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 72.41% 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 4.11%.
| 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
NXI's Profit Margin of 1.52% is fine compared to the rest of the industry. NXI outperforms 62.07% of its industry peers.
NXI's Profit Margin has declined in the last couple of years.
The Operating Margin of NXI (5.53%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of NXI has declined.
NXI has a worse Gross Margin (25.85%) than 60.34% of its industry peers.
In the last couple of years the Gross Margin of NXI has remained more or less at the same level.
| 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.
NXI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NXI has been reduced compared to 5 years ago.
The debt/assets ratio for NXI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.14, we must say that NXI is in the distress zone and has some risk of bankruptcy.
NXI has a better Altman-Z score (1.14) than 63.79% of its industry peers.
NXI has a debt to FCF ratio of 11.54. This is a negative value and a sign of low solvency as NXI would need 11.54 years to pay back of all of its debts.
NXI has a Debt to FCF ratio of 11.54. This is in the better half of the industry: NXI outperforms 77.59% of its industry peers.
NXI has a Debt/Equity ratio of 0.79. This is a neutral value indicating NXI is somewhat dependend on debt financing.
The Debt to Equity ratio of NXI (0.79) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 11.54 | ||
| Altman-Z | 1.14 |
ROIC/WACC1.46
WACC2.51%
2.3 Liquidity
NXI has a Current Ratio of 1.35. This is a normal value and indicates that NXI is financially healthy and should not expect problems in meeting its short term obligations.
NXI has a Current ratio (1.35) which is comparable to the rest of the industry.
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 48.28% 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.
The earnings per share for NXI have been decreasing by -41.87% on average. This is quite bad
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
The Earnings Per Share is expected to decrease by -28.54% on average over the next years. This is quite bad
NXI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -6.41% yearly.
EPS Next Y-188.09%
EPS Next 2Y-44.99%
EPS Next 3Y-28.54%
EPS Next 5YN/A
Revenue Next Year-18.88%
Revenue Next 2Y-12.42%
Revenue Next 3Y-6.41%
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
With a Price/Earnings ratio of 14.96, NXI is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of NXI indicates a somewhat cheap valuation: NXI is cheaper than 68.97% of the companies listed in the same industry.
NXI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.73, which is the current average of the S&P500 Index.
NXI is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXI is valued cheaper than 94.83% of the companies in the same industry.
89.66% of the companies in the same industry are more expensive than NXI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.54 | ||
| EV/EBITDA | 4.88 |
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-44.99%
EPS Next 3Y-28.54%
5. Dividend
5.1 Amount
NXI has a Yearly Dividend Yield of 17.45%, which is a nice return.
Compared to an average industry Dividend Yield of 7.49, NXI pays a better dividend. On top of this NXI pays more dividend than 94.83% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, 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-44.99%
EPS Next 3Y-28.54%
NEXITY
EPA:NXI (12/20/2024, 7:00:00 PM)
12.72
+0.25 (+2%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners35.68%
Inst Owner ChangeN/A
Ins Owners2.77%
Ins Owner ChangeN/A
Market Cap713.97M
Analysts77.5
Price Target14.99 (17.85%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.45% |
Dividend Growth(5Y)-0.01%
DP2.52%
Div Incr Years0
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.29%
PT rev (3m)17.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.96 | ||
| Fwd PE | N/A | ||
| P/S | 0.2 | ||
| P/FCF | 3.54 | ||
| P/OCF | 2.78 | ||
| P/B | 0.37 | ||
| P/tB | 1.06 | ||
| EV/EBITDA | 4.88 |
EPS(TTM)0.85
EY6.68%
EPS(NY)-0.17
Fwd EYN/A
FCF(TTM)3.59
FCFY28.24%
OCF(TTM)4.58
OCFY36%
SpS65.09
BVpS34.29
TBVpS11.98
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.8% | ||
| ROE | 2.89% | ||
| ROCE | 5.75% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.47% | ||
| ROICexgc | 7.65% | ||
| OM | 5.53% | ||
| PM (TTM) | 1.52% | ||
| GM | 25.85% | ||
| FCFM | 5.52% |
ROA(3y)2.06%
ROA(5y)1.87%
ROE(3y)9.13%
ROE(5y)8.62%
ROIC(3y)5.39%
ROIC(5y)4.89%
ROICexc(3y)7.28%
ROICexc(5y)6.63%
ROICexgc(3y)16.72%
ROICexgc(5y)14.7%
ROCE(3y)8.4%
ROCE(5y)7.61%
ROICexcg growth 3Y-19.54%
ROICexcg growth 5Y-20.26%
ROICexc growth 3Y-10.88%
ROICexc growth 5Y-13.68%
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%
F-Score6
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | 11.54 | ||
| Debt/EBITDA | 3.39 | ||
| Cap/Depr | 22.54% | ||
| Cap/Sales | 1.52% | ||
| Interest Coverage | 3.92 | ||
| Cash Conversion | 57.4% | ||
| Profit Quality | 361.93% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.81 | ||
| Altman-Z | 1.14 |
F-Score6
WACC2.51%
ROIC/WACC1.46
Cap/Depr(3y)34.25%
Cap/Depr(5y)33.28%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.53%
Profit Quality(3y)350.77%
Profit Quality(5y)367.09%
High Growth Momentum
Growth
EPS 1Y (TTM)-61.45%
EPS 3Y-45.18%
EPS 5Y-41.87%
EPS Q2Q%432.29%
EPS Next Y-188.09%
EPS Next 2Y-44.99%
EPS Next 3Y-28.54%
EPS Next 5YN/A
Revenue 1Y (TTM)-17.77%
Revenue growth 3Y-4.22%
Revenue growth 5Y0.13%
Sales Q2Q%-16.42%
Revenue Next Year-18.88%
Revenue Next 2Y-12.42%
Revenue Next 3Y-6.41%
Revenue Next 5YN/A
EBIT growth 1Y-33.02%
EBIT growth 3Y-4.26%
EBIT growth 5Y-9.41%
EBIT Next Year-24.1%
EBIT Next 3Y16.21%
EBIT Next 5YN/A
FCF growth 1Y29.18%
FCF growth 3Y-36.16%
FCF growth 5Y-5.22%
OCF growth 1Y20.12%
OCF growth 3Y-32.15%
OCF growth 5Y-3.28%