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Nexi S.p.A. (NEXI.MI)

EUR4.14 +0.17 (+4.25%)
IT MIL Technology Software - Infrastructure
Address Corso Sempione 55 20149
Milan, MI, IT
CEO Bernardo Mingrone
IPO 2019-04-18
ISIN IT0005366767

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Also trades on Italian Stock Exchange · NEXI.MI (EUR) Other OTC · NEXPF (USD) Other OTC · NEXXY (USD)
Description

Nexi S.p.A. specializes in providing comprehensive electronic money and payment solutions across Italy, catering to a broad client base including banks, financial and insurance institutions, retailers, businesses, and public administration bodies. Its extensive service portfolio encompasses merchant acquiring, which includes the setup, activation, and ongoing maintenance of point-of-sale (POS) terminals, alongside robust fraud prevention measures, efficient dispute management, and dedicated customer support. Beyond acquiring, Nexi extends its expertise to card issuing services, handling the creation, distribution, and administration of both personal and corporate payment cards. The company also manages ATM installation and operation, offers essential clearing services, and provides digital banking functionalities for current account management and payment processing. Furthermore, Nexi delivers specialized software applications designed for tasks such as invoice management and archiving, reloading prepaid cards, facilitating bill payments, and processing postal transactions. Notably, the firm has entered into a strategic partnership with Intesa Sanpaolo S.p.A. for the acquisition of PBZ Card's merchant business operations within the Croatian market. Established in 1939, Nexi S.p.A. maintains its headquarters in Milan, Italy.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR4.14 +0.17 (+4.25%)
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Volume Profile
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Liquidity & share structure
Average Volume
15M
Beta
1.08
Float Shares
606.24M
Free Float %
51.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-2.68% -4.81% +16.90% +23.40% -4.35% -3.66% -27.83% -48.28% -73.63% -52.63% -52.63%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.14
DCF (Unlevered) 4.49 +8.4%
DCF (Levered) 23.22 +460.6%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 17% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 -2
Hold 13 -1
Sell 0 0
Strong Sell 2 0
Quality scores
Altman Z-Score
0.67
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Software - Infrastructure: +13.7%
    -0.3% Q4'25: +6.4% (vs Q4'23)
  • EPS growth Software - Infrastructure: +28.7%
    -2,391.7% Q4'25: -257.0% (vs Q4'23)
  • FCF margin FCF growth · Software - Infrastructure: +32.2%
    -54.7% Q4'25: +11.3% (vs Q4'23)
  • EBIT margin Software - Infrastructure: +8.8%
    -46.1% Q4'25: -98.5% (vs Q4'23)
  • ROIC Software - Infrastructure: +6.6%
    -36.2% Q4'25: -162.6% (vs Q4'23)
  • Share dilution Software - Infrastructure: +0.0%
    -9.4% Q4'25: -6.2% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Software - Infrastructure: -1.06×
    -2.35× Q4'25: -0.52× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.08) × ERP
WACC = 42% × Ke + 58% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.52 Current price: 4.14
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
17 Rev. Ana.
12 EPS Ana.
Dec 2027
17 Rev. Ana.
13 EPS Ana.
Dec 2028
11 Rev. Ana.
8 EPS Ana.
Dec 2029
5 Rev. Ana.
6 EPS Ana.
Dec 2030
5 Rev. Ana.
6 EPS Ana.
Revenue
1.65B
est: 984.18M (+67.8%)
1.66B
est: 1.03B (+61.0%)
3.02B
est: 1.81B (+67.4%)
5.44B
est: 3.27B (+66.4%)
5.90B
est: 6.13B (-3.7%)
6.29B
est: 3.52B (+78.9%)
6.27B
est: 3.59B (+74.6%)
3.65B
3.63B – 3.67B
+1.6% YoY
3.73B
3.69B – 3.78B
+2.3% YoY
3.85B
3.85B – 3.86B
+3.2% YoY
3.95B
3.91B – 3.98B
+2.5% YoY
4.06B
4.03B – 4.10B
+2.9% YoY
EBITDA
381.19M
est: 258.09M (+47.7%)
421.86M
est: 269.63M (+56.5%)
615.77M
est: 473.84M (+30.0%)
1.41B
est: 856.84M (+64.7%)
1.37B
est: 729.95M (+87.9%)
2.27B
est: 418.75M (+442.2%)
-2.89B
est: 427.71M (-776.2%)
434.74M
431.91M – 437.17M
+1.6% YoY
444.59M
439.69M – 449.60M
+2.3% YoY
458.86M
458.59M – 459.14M
+3.2% YoY
470.14M
466.00M – 474.12M
+2.5% YoY
483.56M
479.31M – 487.66M
+2.9% YoY
EBIT
188.97M
est: 132.86M (+42.2%)
246.54M
est: 138.80M (+77.6%)
231.54M
est: 243.93M (-5.1%)
478.36M
est: 441.09M (+8.4%)
481.31M
est: 79.76M (+503.4%)
1.74B
est: 45.76M (+3,703.7%)
-2.89B
est: 46.74M (-6,288.0%)
47.50M
47.19M – 47.77M
+1.6% YoY
48.58M
48.05M – 49.13M
+2.3% YoY
50.14M
50.11M – 50.17M
+3.2% YoY
51.37M
50.92M – 51.81M
+2.5% YoY
52.84M
52.38M – 53.29M
+2.9% YoY
Net Income
35.62M
est: 477.26M (-92.5%)
127.93M
est: 525.42M (-75.7%)
37.73M
est: 563.24M (-93.3%)
140.02M
est: 702.79M (-80.1%)
-1.03B
est: -1.01B (-2.0%)
167.36M
est: 741.72M (-77.4%)
-3.38B
est: 799.11M (-522.5%)
808.36M
686.70M – 930.02M
+1.2% YoY
829.00M
719.56M – 938.43M
+2.6% YoY
932.08M
625.01M – 1.24B
+12.4% YoY
946.35M
935.54M – 956.77M
+1.5% YoY
1.11B
1.09B – 1.12B
+17.0% YoY
SGA
327.03M
est: 159.92M (+104.5%)
288.42M
est: 167.07M (+72.6%)
593.60M
est: 293.60M (+102.2%)
867.05M
est: 530.92M (+63.3%)
842.47M
est: 782.51M (+7.7%)
879.27M
est: 448.91M (+95.9%)
est: 458.51M (-100.0%)
466.05M
463.01M – 468.65M
+1.6% YoY
476.60M
471.35M – 481.98M
+2.3% YoY
491.91M
491.61M – 492.20M
+3.2% YoY
503.99M
499.56M – 508.26M
+2.5% YoY
518.39M
513.83M – 522.77M
+2.9% YoY
EPS
0.06
est: 0.35 (-83.4%)
0.20
est: 0.39 (-48.3%)
0.05
est: 0.41 (-89.1%)
0.11
est: 0.52 (-78.7%)
-0.77
est: -0.82 (+6.0%)
0.13
est: 0.60 (-78.4%)
-2.75
est: 0.64 (-526.9%)
0.64
0.56 – 0.76
-0.6% YoY
0.66
0.59 – 0.76
+2.9% YoY
0.69
0.51 – 1.01
+4.0% YoY
0.77
0.76 – 0.78
+12.3% YoY
0.90
0.89 – 0.91
+17.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.04B
OE per share TTM
0.80
Owner's Yield
21.27%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
10.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 143 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amplify Digital Payments ETF IPAY 1.76% 2.71M 0.75%
2 Fidelity Crypto Industry and Digital Payments ETF FDIG 1.58% 4.17M 0.39%
3 Global X - FinTech ETF FINX 0.96% 1.66M 0.68%
4 iShares EURO STOXX Small UCITS ETF DJSC.L 0.95% 4.65M 0.40%
5 Distillate International Fundamental Stability & Value ETF DSTX 0.84% 419.1K 0.55%
6 Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA 0.56% 3.96M 0.40%
7 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.46% 4.80M 0.58%
8 Amundi Italy MIB ESG UCITS ETF Acc FMI.PA 0.44% 957.3K 0.18%
9 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.43% 3.21M 0.33%
10 iShares STOXX Europe Small 200 UCITS ETF (DE) EXSE.DE 0.41% 2.81M 0.20%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-335.9K
Shares Outstanding
1.17B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Paolo Bertoluzzo Chief Executive Officer, GM & Executive Director 3M male
Christian Segersven Chief Business Officer of Issuing Solutions male
Bernardo Mingrone CEO, Group GM & Director male
Roberto Catanzaro Chief Business Officer of Merchant Solutions male
Sarah Barslund Lauridsen Chief Product Officer female
Stefania Mantegazza Head of Investor Relations female
Piergiorgio Pedron Group Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits