Risk factor
Very poor trading liquidity
Profitability factor
Decent dividends
About
Nextensa NV/SA, formerly known as Leasinvest Real Estate since its rebranding on July 19, 2021, operates as both a property investor and developer specializing in mixed-use assets. As of December 31, 2021, its diversified investment portfolio reached a value of approximately €1.41 billion, strategically distributed across the Grand Duchy of Luxembourg (45%), Belgium (42%), and Austria (13%). Notably, Nextensa is recognized as one of Luxembourg's most significant real estate investors. The company's development efforts are focused on the Tour & Taxis site in Belgium and Cloche d'Or in Luxembourg, where ongoing mixed residential and office projects are in progress, with additional sub-projects anticipated for launch in the coming years. Furthermore, a substantial development pipeline exceeding 300,000 m² of office and residential properties is in place across Belgium and Luxembourg. Nextensa is publicly traded on Euronext Brussels, boasting a market capitalization of €691.1 million.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBIT
Target Price
The average target price of NEXTA.BR is 49.9 and suggests 8.48% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommend