RXL Stock Analysis: Rexel S.A | PA
Electronics & Computer Distribution | PA, France | Market Cap: 11.354m EUR | 12M Return: 47.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 23.9M
EPS Trend: -4.7%
Qual. Beats: 0
Rev. Trend: -42.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
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: 588.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.64 > 1.0 |
| NWC/Revenue: 14.72% < 20% (prev 11.40%; Δ 3.32% < -1%) |
| CFO/TA 0.06 > 3% & CFO 795.8m > Net Income 588.9m |
| Net Debt (5.54b) to EBITDA (1.22b): 4.55 < 3 |
| Current Ratio: 1.69 > 1.5 & < 3 |
| Outstanding Shares: last quarter (294.7m) vs 12m ago -1.62% < -2% |
| Gross Margin: 25.07% > 18% (prev 24.83%; Δ 0.24% > 0.5%) |
| Asset Turnover: 134.9% > 50% (prev 133.8%; Δ 1.09% > 0%) |
| Interest Coverage Ratio: 5.26 > 6 (EBIT TTM 1.09b / 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 1.09b / Avg Total Assets 14.4b) |
| D: 0.60 (Book Value of Equity 5.39b / Total Liabilities 8.96b) |
| Altman-Z'' = 3.28 = A |
| DSRI: 1.00 (Receivables 3.51b/3.49b, Revenue 19.4b/19.3b) |
| GMI: 0.99 (GM 24.83% / 25.07%) |
| AQI: 0.99 (AQ_t 0.39 / AQ_t-1 0.40) |
| SGI: 1.01 (Revenue 19.4b / 19.3b) |
| TATA: -0.01 (NI 588.9m - CFO 795.8m) / TA 14.4b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 22, 2026, the stock is trading at EUR 38.11 with a total of 612,931 shares traded. Over the past week, the price has changed by -3.03%, over one month by -0.70%, over three months by +7.06% and over the past year by +47.92%.
Current recommended Stop Loss: 35.60 (which is 6.6% or 2.6 ATR below the current price).
Rexel S.A has no consensus analysts rating.
P/E Trailing = 19.392
P/E Forward = 14.6413
P/S = 0.5848
P/B = 2.1244
P/EG = 1.1233
Revenue TTM = 19.4b EUR
EBIT TTM = 1.09b EUR
EBITDA TTM = 1.22b 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 = 16.9b EUR (11.4b + Debt 6.58b - CCE 1.04b)
Interest Coverage Ratio = 5.26 (Ebit TTM 1.09b / Interest Expense TTM 207.7m)
EV/FCF = 25.99x (Enterprise Value 16.9b / FCF TTM 650.3m)
FCF Yield = 3.85% (FCF TTM 650.3m / Enterprise Value 16.9b)
FCF Margin = 3.35% (FCF TTM 650.3m / Revenue TTM 19.4b)
Net Margin = 3.03% (Net Income TTM 588.9m / Revenue TTM 19.4b)
Gross Margin = 25.07% ((Revenue TTM 19.4b - Cost of Revenue TTM 14.5b) / Revenue TTM)
Gross Margin QoQ = 25.12% (prev 25.12%)
Tobins Q-Ratio = 1.18 (Enterprise Value 16.9b / Total Assets 14.4b)
Interest Expense / Debt = 3.16% (Interest Expense 207.7m / Debt 6.58b)
Taxrate = 30.21% (256.0m / 847.4m)
NOPAT = 763.1m (EBIT 1.09b * (1 - 30.21%))
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 = 4.55 (Net Debt 5.54b / EBITDA 1.22b)
Debt / FCF = 8.53 (Net Debt 5.54b / FCF TTM 650.3m)
Total Stockholder Equity = 5.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.09% (Net Income 588.9m / Total Assets 14.4b)
RoE = 11.19% (Net Income TTM 588.9m / Total Stockholder Equity 5.26b)
RoCE = 13.34% (EBIT 1.09b / Capital Employed (Equity 5.26b + L.T.Debt 2.93b))
RoIC = 7.52% (NOPAT 763.1m / Invested Capital 10.2b)
WACC = 6.75% (E(11.4b)/V(17.9b) * Re(9.39%) + D(6.58b)/V(17.9b) * Rd(3.16%) * (1-Tc(0.30)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -94.94 | Cagr: -1.02%
[DCF] Terminal Value 73.51% ; FCFF base≈688.1m ; Y1≈617.1m ; Y5≈521.4m
[DCF] Fair Price = 9.44 (EV 8.32b - Net Debt 5.54b = Equity 2.78b / Shares 294.2m; r=8.35% [WACC [floored]]; 5y FCF grow -12.69% → 2.50% )
EPS Correlation: -4.72 | EPS CAGR: -1.94% | SUE: 0.0 | # QB: 0
Revenue Correlation: -42.28 | Revenue CAGR: -2.72% | 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=2.49 | Chg30d=+2.49% | Revisions=+55% | GrowthEPS=+8.5% | GrowthRev=+4.6%
EPS next Year (2027-12-31): EPS=2.89 | Chg30d=+3.71% | Revisions=+55% | GrowthEPS=+16.1% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +63% (up=14, down=2)