Added to YB: 2025-09-24
Pitch date: 2025-09-22
NEXI.MI [neutral]
Nexi S.p.A.
-14.25%
current return
Author Info
Patches AKF is an investor discussing global small and medium cap companies - ideally those with minimal coverage on the internet. Sign up for the newsletter.
Company Info
Nexi S.p.A. provides electronic money and payment services to banks, small and medium-sized enterprises, large international corporations, institutions, and public administrations in Italy, Nordics and Baltics, Germany, Austria, Switzerland, Poland, Southeast Europe, and internationally.
Market Cap
EUR 4.8B
Pitch Price
EUR 4.72
Price Target
N/A
Dividend
6.17%
EV/EBITDA
6.27
P/E
17.29
EV/Sales
1.35
Sector
Financial Services
Category
value
Patches AKF | Portfolio Holdings - Valuation Analysis - Nexi S.p.A.
NEXI.MI (update): European payments processor extremely cheap at sub-10x P/E vs 14.5x MSCI Europe. Capex normalizing from 14% to 7-9% of sales post-integration, boosting FCF toward €1B+ target. €600M annual shareholder returns (buybacks+dividends). Advent/Bain dumping 18%+ stake creating opportunity.
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