Rexel Monthly Analysis (December 2025)

Rexel

ENXTPA:RXL

€ 33,47

+ €0,51 (1,55%)

33,47 €

+€0,51 (1,55%)

End-of-day quote: 12/11/2025

Rexel Stock Value

Analysts currently see Rexel at the level of Outperform.

Outperform

Rexel Company Info

EPS Growth 5Y

13,27%

Market Cap

€9,66 B

Long-Term Debt

€2,35 B

Annual earnings

02/12/2026

Dividend

€1,22

Dividend Yield

3,64%

Founded

1967

Industry

Industrials

Country

France

Website

Rexel

ISIN Number

FR0010451203

Website

http://www.rexel.com

Analyst Price Target

€32,00

-4.39%

Last Update: 12/11/2025

Analysts: 12

Highest Price Target €41,00

Average Price Target €32,00

Lowest Price Target €25,00

In the last five quarters, Rexel’s Price Target has risen from €24,24 to €28,54 - a 17,74% increase. Ten analysts predict that Rexel’s share price will fall in the coming year, reaching €32,00. This would represent a decrease of -4,39%.

Top growth stocks in the industrials sector (5Y.)

What does Rexel do?

Rexel S.A., together with its subsidiaries, operates as a prominent distributor of electrical supplies and services across various markets worldwide. The company specializes in products that enhance energy efficiency and drive innovation in electrical equipment distribution. Its extensive portfolio encompasses a wide range of goods, including wiring accessories, lighting, cable management systems, and various other electrical components. The company operates in a diverse set of industries, ranging from construction and manufacturing to renewable energy and telecommunications. The company emphasizes providing cutting-edge solutions tailored to customer needs, enabling efficient operations and sustainable practices.

Business Segments

The company operates through various business segments, categorized primarily by geographical regions. The chief segments include:

Europe

This segment encompasses countries with mature markets and high demand for energy-efficient products and solutions. This is the largest segment for the company, contributing a substantial portion to its sales. The company's operations in Europe are characterized by a strong local presence and strategic partnerships with suppliers.

North America

This segment focuses on specialized sectors such as HVAC (Heating, Ventilation, and Air Conditioning), and leveraging digital channels for distribution. The North American segment aims to capitalize on the growing demand for energy efficiency and sustainability.

Asia-Pacific

This segment includes operations in rapidly growing economies, where there is an increasing demand for electrical products and services. The Asia-Pacific market is characterized by a burgeoning construction sector, and company seeks to tap into that growth by offering diversified product solutions.

Each segment is designed to cater to specific market needs, competitive landscapes, and regulatory environments. The company’s strategy includes investing in local talent and infrastructure to strengthen its operational capabilities in each segment. Additionally, company employs various marketing tactics to enhance brand awareness and build customer loyalty across its geographical markets.

Business Strategy

The company’s business strategy revolves around enhancing customer value through significant investments in digital transformation and sustainable practices. The company aims to leverage advanced technologies to improve customer interactions and offer tailored solutions suited to specific industry requirements.

The company focuses on building a robust digital platform that supports e-commerce operations and streamlines supply chain management. The implementation of digital tools enables a more efficient inventory management system and enhances forecasting capabilities. This focus on technology is intended to cultivate a seamless customer experience and position company as a pioneer in electrical distribution.

The company also prioritizes sustainability, aligning its operations with global energy efficiency standards and regulations. Rexel's commitment to sustainable practices leads to partnerships with manufacturers that create environmentally friendly products, reinforcing its reputation as a leader in energy efficiency.

Strategic acquisitions form another essential component of the company’s approach. By acquiring smaller firms specializing in niche markets, the company enhances its product offerings, diversifies its customer base, and extends its geographical reach. The company’s growth strategy includes identifying potential markets for expansion and capitalizing on emerging trends, such as the increasing demand for smart building technologies.

Products and Services

The company offers an extensive array of products and services tailored to meet the diverse needs of its customers. The key offerings of the company include:

Electrical Supplies

This comprises a wide variety of electrical components, including wiring, connectors, switches, circuit breakers, and more. The company sources products from leading manufacturers, ensuring high quality and competitiveness.

Lighting Solutions

The company provides a vast range of lighting products, catering to both commercial and residential needs. This segment includes energy-efficient lighting options, such as LED and smart lighting systems, designed to reduce energy consumption.

HVAC Products

As part of its focus on energy efficiency, company offers a comprehensive selection of HVAC equipment and supplies. These products cater to the growing demand for heating, cooling, and ventilation solutions in residential and commercial buildings.

Renewable Energy Solutions

The company recognizes the importance of sustainability and offers products related to renewable energy sources, including solar panels, inverters, and battery storage systems.

Digital Services

In response to technological advancements, company has introduced digital solutions that empower customers with real-time access to inventory, order tracking, and personalized service options.

Logistics and Support Services

Beyond product offerings, company provides logistics support, including inventory management and tailored delivery solutions, ensuring customers receive their products promptly.

Through this diversified portfolio, company aims to satisfy the varying needs of its customer base while promoting efficiency and sustainability in electrical distribution.

Geographical Markets Served

The company operates in multiple geographical markets worldwide, with its core focus on three primary regions: Europe, North America, and Asia-Pacific. Each market presents unique opportunities and challenges, and company employs tailored strategies to address local requirements.

In Europe, the company maintains a strong presence with operations in multiple countries, catering to established electrical markets with a demand for innovative and energy-efficient solutions. In North America, the company capitalizes on the growing interest in sustainable practices within sectors like HVAC and construction, targeting both commercial and residential markets. The Asia-Pacific region presents the company with significant growth potential, with the company actively involved in emerging economies where development and infrastructural projects are on the rise.

The company’s extensive network of distribution centers and local branches enables it to serve a diverse customer base efficiently. This global reach allows the company to stay agile and responsive to market trends, ensuring that products and services align with the evolving needs of its clients.

Recent Acquisitions

The company is proactive in pursuing acquisitions to bolster its market standing and enhance its service offerings. Recent notable acquisitions include:

On September 1, 2023, the company acquired 100% of Wasco B.V., a leading distributor of HVAC products and services in the Netherlands. The acquisition encompasses branches and distribution centers, reflecting Rexel’s commitment to expanding its footprint in strategically vital markets.

Dispositions

In December 2023, the company divested its 25% interest in Trace Software International, highlighting a strategic reallocation of resources and focus on core business segments.

Seasonality

The company experiences a certain degree of seasonality in its operations, significantly influenced by market demand fluctuations throughout the year. Typically, sales tend to peak during specific periods, such as the construction season in Europe and the North American HVAC demand cycles. Consumption patterns may vary based on weather-related factors, construction activity, and other economic indicators.

Customers

The company serves a diverse array of customers across various sectors. The customer base includes contractors, electricians, large industrial manufacturers, and SMEs in construction, manufacturing, and other industries. By maintaining strong relationships with over a million active customers, company ensures that the needs and expectations of its clientele are met consistently.

The company categorizes its customers based on sectors of operation, tailoring services to provide specific solutions that cater to each group's unique requirements. This customer-centric approach allows company to foster loyalty and drive repeat business by facilitating comprehensive support and engagement.

Marketing and Distribution Channels

The company employs a multifaceted marketing strategy, embracing digital and traditional channels to reach its diverse customer base. The company’s marketing efforts are focused on building brand awareness, promoting its extensive product offerings, and enhancing customer engagement.

The company utilizes e-commerce platforms to facilitate online sales and streamline customer access to the product catalog. This digital approach enables customers to efficiently browse, compare, and purchase items, offering significant convenience.

Additionally, the company participates in industry events and trade shows to establish its presence in the market, network with industry professionals, and showcase new products and solutions. Rexel’s distribution channels are designed for efficiency, utilizing an extensive network of branches and distribution centers to ensure timely product delivery and customer satisfaction.

History

Rexel S.A. was founded in 1967. The company was incorporated in 2004.

Rexel Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Distribution: Electrical engineering: approx. 70% Energy efficiency solutions: approx. 20% Automation and control: approx. 10% TOP 3 Markets: France: approx. 30% USA: approx. 25% Germany: approx. 15% Rexel S.A. generates the majority of its revenue from the electrical engineering sector...

At which locations are the company’s products manufactured?

Production Sites: Globally distributed, with a focus on Europe, North America, and Asia. Rexel S.A. is a leading distributor of electrical products and solutions and does not produce any products itself. Instead, the company sources its products from a variety of manufacturers worldwide. The main ma...

What strategy does Rexel pursue for future growth?

Revenue Growth: Estimated 4-6% annually (2025-2027, based on industry analysis) Strategic Initiatives: Digitalization and E-Commerce: Rexel is heavily investing in the digitalization of its sales and logistics processes. The goal is to expand the online sales channel and increase supply chain effi...

Which raw materials are imported and from which countries?

Main raw materials: Copper, Aluminum, Plastic Countries of origin: Copper: Chile, Peru Aluminum: China, Russia Plastic: Germany, USA Rexel S.A., a leading distributor of electrical supplies, mainly imports copper and aluminum, which are essential components for electrical cables and wires. Copper...

How strong is the company’s competitive advantage?

Market share in Europe: 20% (2024) EBITDA margin: 6.5% (2024) Return on Equity (ROE): 15% (2024) Rexel S.A. has a significant competitive advantage, especially through its strong market position in Europe, where it holds about 20% of the market share. This position enables the company to benefit f...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Share: approx. 70% (estimated, 2025) Insider Buys/Sells: No significant transactions in the last year (estimated, 2025) The institutional investor share at Rexel S.A. typically stands at around 70%, indicating the trust of large investment funds and institutional investors in...

What percentage market share does Rexel have?

Market share of Rexel S.A.: Estimated 10% (2025) Main competitors and their market shares: Sonepar: 15% WESCO International: 12% Rexel S.A.: 10% Graybar: 8% Anixter International: 7% Rexel S.A. is a significant player in the electrical distribution industry. Rexel's market share is around 10%, mak...

Is Rexel stock currently a good investment?

Revenue Growth: 4.5% (2024) EBITDA Margin: 6.7% (2024) Free Cash Flow: 450 million euros (2024) Rexel S.A. recorded a revenue growth of 4.5% in 2024, indicating stable demand in the electrical industry. The EBITDA margin of 6.7% shows that the company operates efficiently and has good control over i...

Does Rexel pay a dividend – and how reliable is the payout?

Dividend yield: 3.5% (estimated for 2025) Payout ratio: 45% (2024) Rexel S.A. has regularly distributed dividends in recent years. The current dividend yield is approximately 3.5%, which is considered attractive compared to other companies in the industry. The 45% payout ratio in 2024 indicates that...

Rexel Stock Value

Rexel Company Info

Analyst Price Target

Top growth stocks in the industrials sector (5Y.)

What does Rexel do?

Rexel Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal