Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Nexity SA is a fully integrated real estate company specializing in development and related services across residential and commercial sectors. Headquartered in Paris La Defense, France, it operates primarily in France with international presence in Europe, including subsidiaries in Spain, Portugal, and Belgium. The company's business is structured into key segments: Residential Real Estate for home building and subdivisions; Commercial Real Estate encompassing offices, high-rise buildings, retail properties, hotels, logistics, and warehouses; Services covering project design, management, renovation, and sales for individuals, companies, and investors; and Other Activities involving urban regeneration projects, investments, and digital initiatives. Founded in 2000 through a management buyout from Vivendi, Nexity SA employs around 3,963 to 8,500 staff and generates revenue from a diversified portfolio serving local communities, businesses, and private clients. As a cyclical player in the diversified real estate industry, it plays a significant role in shaping urban development and property markets throughout Europe.
Operating margin is thin at 0.53%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 15.4% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €1.48B represents 8.3x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€2.82B
▼ -15.4% YoY
Net Income (TTM)
-€184M
▼ -200.2% YoY
Op. Margin
0.53%
▲ +0.9pp YoY
ROIC
0.31%
▲ +0.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€177M
▼ -3.8% YoY
Op. Cash Flow (TTM)
€177M
▼ -3.8% YoY
Net Debt
€1.48B
Cash & Equiv.
€421M
3Y CAGR: -13.5%
3Y CAGR: -3.9%
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