Companies / NEX
EPANexans S.A. (NEX) in our theses
Nexans S.A. appears in one of our theses. Below is why it entered the basket and how it has done since publication.
Grids Cannot Keep Up with Electrification: The Line for Extra-High-Voltage Cables Extends to 2030, and Oligopoly Margins Are Expanding
HVDC cable manufacturing capacity is sold out for years, granting Europe's top three producers—Prysmian, Nexans, and NKT—rare industrial pricing power.
Why this company: Pivoting into a pure-play electrification company by divesting non-core operations. Its Halden HVDC facility and long-term utility framework contracts deliver multi-year earnings visibility and expanding profitability.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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