(RXL) Rexel S.A - PA
Sector: Technology | Industry: Electronics & Computer Distribution | Exchange: PA (France) | Market Cap: 11.156m EUR | Total Return: 59.8% in 12m
Avg Turnover: 23.7M
EPS Trend: -4.7%
Qual. Beats: 0
Rev. Trend: -17.1%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
Rexel S.A. (RXL) is a French-headquartered distributor of low voltage electrical products serving residential, commercial, and industrial customers across France, the rest of Europe, North America, and the Asia-Pacific region. Founded in 1967 and based in Paris, the company supplies industrial control, automation, and specialty electrical products through a multi-channel model that combines traditional distribution with digital tools such as webshops, mobile apps, online product configuration tools, and electronic data interchange.
As a large-cap industrials company classified within the Trading Companies & Distributors sub-industry, Rexel operates as an intermediary between electrical equipment manufacturers and professional installers, contractors, and industrial clients. Distribution businesses in this segment typically rely on high inventory turnover and broad product assortments rather than premium pricing, with value generated through logistics efficiency, supplier relationships, and the breadth of customer-facing digital and physical touchpoints.
- US electrical distribution margins expand on integration synergies
- European non-residential construction weakness weighs on organic growth
- Energy transition accelerates demand for low voltage solutions
| Net Income: 582.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.17 > 1.0 |
| NWC/Revenue: 11.79% < 20% (prev 11.48%; Δ 0.31% < -1%) |
| CFO/TA 0.08 > 3% & CFO 1.21b > Net Income 582.4m |
| Net Debt (5.54b) to EBITDA (1.63b): 3.40 < 3 |
| Current Ratio: 1.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (293.2m) vs 12m ago -2.12% < -2% |
| Gross Margin: 23.89% > 18% (prev 24.96%; Δ -1.07% > 0.5%) |
| Asset Turnover: 168.5% > 50% (prev 132.9%; Δ 35.57% > 0%) |
| Interest Coverage Ratio: 5.76 > 6 (EBIT TTM 1.20b / Interest Expense TTM 207.7m) |
| A: 0.20 (Total Current Assets 7.01b - Total Current Liabilities 4.15b) / Total Assets 14.4b |
| B: 0.25 (Retained Earnings 3.66b / Total Assets 14.4b) |
| C: 0.08 (EBIT TTM 1.20b / Avg Total Assets 14.4b) |
| D: 0.60 (Book Value of Equity 5.39b / Total Liabilities 8.96b) |
| Altman-Z'' = 3.33 = A |
| DSRI: 0.82 (Receivables 3.61b/3.49b, Revenue 24.2b/19.2b) |
| GMI: 1.04 (GM 24.96% / 23.89%) |
| AQI: 0.99 (AQ_t 0.39 / AQ_t-1 0.40) |
| SGI: 1.27 (Revenue 24.2b / 19.2b) |
| TATA: -0.04 (NI 582.4m - CFO 1.21b) / TA 14.4b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of June 22, 2026, the stock is trading at EUR 38.01 with a total of 1,718,129 shares traded.
Over the past week, the price has changed by +4.37%,
over one month by +5.79%,
over three months by +20.38% and
over the past year by +59.78%.
Rexel S.A has no consensus analysts rating.
P/E Trailing = 19.1005
P/E Forward = 14.4928
P/S = 0.5746
P/B = 2.0986
P/EG = 1.1233
Revenue TTM = 24.2b EUR
EBIT TTM = 1.20b EUR
EBITDA TTM = 1.63b EUR
Long Term Debt = 2.93b EUR (from longTermDebt, last quarter)
Short Term Debt = 911.5m EUR (from shortTermDebt, last quarter)
Debt = 6.58b EUR (from shortLongTermDebtTotal, last quarter) + Leases 1.49b
Net Debt = 5.54b EUR (calculated: Debt 6.58b - CCE 1.04b)
Enterprise Value = 16.7b EUR (11.2b + Debt 6.58b - CCE 1.04b)
Interest Coverage Ratio = 5.76 (Ebit TTM 1.20b / Interest Expense TTM 207.7m)
EV/FCF = 25.68x (Enterprise Value 16.7b / FCF TTM 650.3m)
FCF Yield = 3.89% (FCF TTM 650.3m / Enterprise Value 16.7b)
FCF Margin = 2.68% (FCF TTM 650.3m / Revenue TTM 24.2b)
Net Margin = 2.40% (Net Income TTM 582.4m / Revenue TTM 24.2b)
Gross Margin = 23.89% ((Revenue TTM 24.2b - Cost of Revenue TTM 18.5b) / Revenue TTM)
Gross Margin QoQ = 22.33% (prev 25.03%)
Tobins Q-Ratio = 1.16 (Enterprise Value 16.7b / Total Assets 14.4b)
Interest Expense / Debt = 3.16% (Interest Expense 207.7m / Debt 6.58b)
Taxrate = 26.43% (118.5m / 448.3m)
NOPAT = 880.0m (EBIT 1.20b * (1 - 26.43%))
Current Ratio = 1.69 (Total Current Assets 7.01b / Total Current Liabilities 4.15b)
Debt / Equity = 1.22 (Debt 6.58b / totalStockholderEquity, last quarter 5.39b)
Debt / EBITDA = 3.40 (Net Debt 5.54b / EBITDA 1.63b)
Debt / FCF = 8.53 (Net Debt 5.54b / FCF TTM 650.3m)
Total Stockholder Equity = 5.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.05% (Net Income 582.4m / Total Assets 14.4b)
RoE = 10.98% (Net Income TTM 582.4m / Total Stockholder Equity 5.31b)
RoCE = 14.52% (EBIT 1.20b / Capital Employed (Equity 5.31b + L.T.Debt 2.93b))
RoIC = 8.72% (NOPAT 880.0m / Invested Capital 10.1b)
WACC = 6.60% (E(11.2b)/V(17.7b) * Re(9.13%) + D(6.58b)/V(17.7b) * Rd(3.16%) * (1-Tc(0.26)))
Discount Rate = 9.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.45 | Cagr: -1.34%
[DCF] Terminal Value 73.10% ; FCFF base≈718.7m ; Y1≈630.2m ; Y5≈509.2m
[DCF] Fair Price = 8.96 (EV 8.17b - Net Debt 5.54b = Equity 2.63b / Shares 293.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -4.72 | EPS CAGR: -1.94% | SUE: 0.0 | # QB: 0
Revenue Correlation: -17.14 | Revenue CAGR: -1.78% | SUE: 0.00 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=2.43 | Chg30d=-1.58% | Revisions=-14% | GrowthEPS=+5.9% | GrowthRev=+3.4%
EPS next Year (2027-12-31): EPS=2.79 | Chg30d=-0.49% | Revisions=-25% | GrowthEPS=+14.7% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: -25%