-0.89%
-8.91%
-15.34%
-13.56%
-31.23%
-61.97%
-61.65%
AI Spotlight on NEXI
Company Description
Nexi S.p.A. provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy.The company offers acquiring services; configuration, activation, and maintenance of POS terminals; fraud prevention; and dispute management services, as well as customer support services.It also provides a range of issuing services, such as issue, supply, and management of private and corporate payment cards; installation and management of ATM's; clearing services; and digital banking services for the management of current accounts and payments.
In addition, the company offers software applications for invoice management and storage, prepaid card reloading, bill payments, and postal payments.Nexi S.p.A. has a strategic agreement with Intesa Sanpaolo S.p.A. to acquire the PBZ Card's merchant business in the Croatian market.The company was founded in 1939 and is based in Milan, Italy.
Market Data
| Last Price | 4.91 |
| Change Percentage | -0.89% |
| Open | 4.97 |
| Previous Close | 4.95 |
| Market Cap ( Millions) | 5940 |
| Volume | 6577193 |
| Year High | 7.45 |
| Year Low | 4.51 |
| M A 50 | 5.33 |
| M A 200 | 5.77 |
Financial Ratios
| FCF Yield | 14.59% |
| Dividend Yield | 0.00% |
| ROE | -6.58% |
| Debt / Equity | 74.79% |
| Net Debt / EBIDTA | 607.32% |
| Price To Book | 0.58 |
| Price Earnings Ratio | -8.71 |
| Price To FCF | 6.85 |
| Price To sales | 1.25 |
| EV / EBITDA | 10.66 |
News
- May -09 - Group Financial Results as of March 31st 2024 Approved, Continued Growth and EBITDA Margin Expansion, € 500 Million Share Buy-Back Program Launched
- Mar -07 - Group Financial Results as of December 31st 2023 Approved, Strong Margin Expansion and Excess Cash Generation at € 601 Million, € 500 Million Share Buy-Back Program
- Feb -08 - Heard on the Street: Fallen 'Paytech' Star Is Rising Again
- Nov -09 - Group Financial Results as of September 30th 2023 Approved Solid Growth Performance in Line With Plan, With Continued EBITDA Margin Expansion
- Aug -01 - Group Financial Results as of June 30th 2023, Approved Solid Financial Performance, With Continued EBITDA Margin Expansion
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Merchant Solutions
Expected Growth : 10.27 %
What the company do ?
Merchant Solutions from Nexi S.p.A. offers payment processing and management services for businesses, enabling them to accept various payment methods and manage transactions efficiently.
Why we expect these perspectives ?
Nexi S.p.A.'s Merchant Solutions growth of 10.27% is driven by increasing adoption of digital payments, expansion into new markets, and strategic partnerships. Additionally, the rise of e-commerce, omnichannel retailing, and the need for secure payment processing solutions contribute to the segment's growth.
Segment n°2 -> Issuing Solutions
Expected Growth : 9.9 %
What the company do ?
Nexi S.p.A.'s Issuing Solutions enable banks and financial institutions to issue payment cards, managing the entire lifecycle from card production to transaction processing.
Why we expect these perspectives ?
Nexi S.p.A.'s 9.9% growth in Issuing Solutions is driven by increasing adoption of digital payments, expansion into new markets, and strategic partnerships. Additionally, investments in innovative technologies, such as contactless and mobile payments, have enhanced customer experience, contributing to the segment's growth.
Segment n°3 -> Digital Banking Solutions
Expected Growth : 10.27 %
What the company do ?
Nexi S.p.A.'s Digital Banking Solutions provide innovative, omnichannel banking experiences, enabling banks to digitize their services, enhance customer engagement, and stay competitive in the digital landscape.
Why we expect these perspectives ?
Nexi S.p.A.'s 10.27% growth in Digital Banking Solutions is driven by increasing adoption of online banking, mobile payments, and digital wallets. Additionally, the need for banks to digitize their operations, improve customer experience, and reduce costs are key factors. Furthermore, the COVID-19 pandemic has accelerated the shift to digital channels, contributing to the segment's growth.
Segment n°4 -> Reconciliation
Expected Growth : 10.27 %
What the company do ?
Reconciliation from Nexi S.p.A. is the process of verifying and matching financial transactions between Nexi's records and a company's internal accounts to ensure accuracy and consistency.
Why we expect these perspectives ?
Nexi S.p.A.'s 10.27% growth is driven by increasing adoption of digital payments, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, investment in technology, and cost optimization efforts have contributed to its growth. Furthermore, the growing demand for contactless payments and e-commerce transactions has also boosted Nexi's revenue.
Nexi S.P.A. Products
| Product Range | What is it ? |
|---|---|
| Payment Systems | Nexi's payment systems enable merchants to accept various payment methods, including credit cards, debit cards, and digital wallets. |
| Digital Payments | Nexi's digital payment solutions allow users to make online transactions, send and receive money, and manage their digital wallets. |
| Card Services | Nexi's card services provide issuing and acquiring services for credit and debit cards, as well as card processing and management. |
| Merchant Services | Nexi's merchant services provide payment processing, point-of-sale solutions, and value-added services for merchants. |
| Digital Banking | Nexi's digital banking solutions enable banks and financial institutions to offer online and mobile banking services to their customers. |
| Risk Management | Nexi's risk management solutions provide fraud detection, prevention, and mitigation services to protect merchants and financial institutions from fraudulent transactions. |
Nexi S.p.A.'s Porter Forces
Threat Of Substitutes
Nexi S.p.A. operates in the digital payment industry, where substitutes are limited. However, the rise of fintech companies and digital wallets poses a moderate threat.
Bargaining Power Of Customers
Nexi S.p.A. has a large customer base, but customers have significant bargaining power due to the availability of alternative payment solutions.
Bargaining Power Of Suppliers
Nexi S.p.A. has a diversified supplier base, reducing the bargaining power of individual suppliers.
Threat Of New Entrants
The digital payment industry has moderate barriers to entry, and new entrants may pose a threat to Nexi S.p.A.'s market share.
Intensity Of Rivalry
The digital payment industry is highly competitive, with many established players and new entrants vying for market share.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 42.67% |
| Debt Cost | 3.99% |
| Equity Weight | 57.33% |
| Equity Cost | 8.88% |
| WACC | 6.79% |
| Leverage | 74.42% |
Nexi S.p.A. : Quality Control
Nexi S.p.A. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| WIX | Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and … |
| CYBR | CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include … |
| WLN.PA | Worldline SA provides payments and transactional services to financial institutions, merchants, corporations, and government agencies in France, rest of Europe, and internationally. The company operates through Merchant Services; Financial Services; … |
| CLBT | Cellebrite DI Ltd. develops solutions for legally sanctioned investigations. Its DI platform allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally … |
| IOS.DE | Ionos Group SE offers a comprehensive portfolio of web presence and productivity, and cloud solutions in Europe. The company provides web hosting, domain and website, and Cloud services to free-lancers, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Cellebrite DI
A-Score
1-Year Total Return ->
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IONOS
A-Score
1-Year Total Return ->
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CyberArk
A-Score
1-Year Total Return ->
4
Wix
A-Score
1-Year Total Return ->
5
Nexi
A-Score
1-Year Total Return ->
6
