Nexi S.p.A (NEXI) Fair Value & Analysis
Technology · IT · Market cap €5.0B · ISIN IT0005366767
What is Nexi S.p.A really worth?
A solid business, trading 57% below our fair value of €9.99.
Strengths
Risks
For context
Fair value as of: Sep 1, 2026
From 13 valuation models · updated 4 days ago
Share price −1.7% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price is below even our cautious bear case (€5.02). The market is more pessimistic than our downside scenario.
- The model range is unusually wide (€5.02 to €17.90). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 1, 2026.
How to read this chart
60‑month range €2.56 – €17.00 · fair‑value band €5.02 – €17.90 · the €4.28 price screens below the €9.99 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 1, 2026.
Analysis
Nexi S.p.A (NEXI) currently trades at €4.28, while our model-based Fair Value estimate is €9.99, implying the stock looks roughly 57.2% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Technology sector. Bull case: the DCF Models group reads highest at a median of €14.60 per share, and 10 of the 13 models we run sit above the €4.28 price. Bear case: the Earnings-Based group reads lowest at €3.96, and 3 of the 13 models stay below the price. Evidence for this calculation is medium.
Over the trailing twelve months, Nexi S.p.A generated revenue of €6.3B at a net margin of −53.8%. Revenue grew 3.5% year over year. It earns a return on equity of −37.4%. Net debt stands at €3.6B. Fundamentals as of Sep 1, 2026
Our scenario range runs from €5.02 (bear case) to €17.90 (bull case); at €4.28, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 18% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at −32% fair-value upside, at 134%, NEXI screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 13 models by family
Widest divergence: DCF Models (€14.60) versus Earnings-Based (€3.96). Highest evidence: FCF DCF (74).
Notify me when NEXI reaches fair value
Put NEXI on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Sep 1, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 52 · Market factors (momentum, volatility) 57
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
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.
Full company description
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. The company offers payment processing and acceptance services; configuration, activation, and maintenance of Point of Sales terminals; fraud prevention services; and dispute management services, as well as customer support and value-added services. It also provides various issuing services, such as issue, supply, and management of private and corporate payment cards; payment tracking and the production of monthly statements, data analysis and price-setting support services, customer service, and dispute management, as well as communication and customer development services; installation and management of Automated Teller Machines; clearing services; and digital banking services for the management of current accounts and payments. In addition, the company offers applications for invoice management and storage, prepaid card reloading, bill payments, and postal payments. The company was founded in 1939 and is based in Milan, Italy.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Nexi S.p.A reported revenue of €6.3B in FY2025 versus €3.0B in FY2021, a compound +20.0%/yr. Reported net income was −€3.4B in FY2025.
Watch NEXI: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Nexi SpA (NEXXY) Q2 2026 Earnings Call Highlights: Strategic Moves Amid Modest Growth
- Nexi SpA (NEXXY) Q1 2026 Earnings Call Highlights: Resilient Growth Amidst Challenges
- Nexi SpA (NEXXY) Q3 2025 Earnings Call Highlights: Navigating Growth Amidst Market Challenges
- Assessing Nexi's (BIT:NEXI) Valuation: Is the Market Overlooking Its Potential?
Peer Group
Software - Infrastructure · 369 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Software - Infrastructure median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Sep 1, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Microsoft Corporation MSFT | $480.35 | $365.74 | −24% |
| Oracle Corporation ORCL | $151.94 | $117.84 | −22% |
| Fortinet, Inc FTNT | $166.00 | $61.46 | −63% |
| Synopsys, Inc SNPS | $442.61 | $101.19 | −77% |
| Block, Inc XYZ | A$111.01 | A$70.69 | −36% |
| CoreWeave, Inc CRWV | $105.26 | $71.79 | −32% |
| NetApp, Inc NTAP | $190.64 | $154.83 | −19% |
| Adyen N.V ADYEN | €1,007 | €707.53 | −30% |
| MongoDB, Inc MDB | $440.58 | $93.91 | −79% |
| Okta, Inc OKTA | $166.23 | $30.50 | −82% |
Compare Nexi S.p.A with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Nexi S.p.A (NEXI) overvalued or undervalued?
What is the fair value of NEXI?
What is the quality score of NEXI?
What is the revenue of Nexi S.p.A (NEXI)?
What is the net profit margin of NEXI?
Does Nexi S.p.A pay a dividend?
Watch Nexi S.p.A in the live analysis
One click puts Nexi S.p.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.