NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
77.52 EUR
+0.84 (+1.1%)
Taking everything into account, NAQ scores 5 out of 10 in our fundamental rating. NAQ was compared to 118 industry peers in the Capital Markets industry. While NAQ has a great profitability rating, there are some minor concerns on its financial health. NAQ has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year NAQ was profitable.
NAQ had a positive operating cash flow in the past year.
In the past 5 years NAQ has always been profitable.
NAQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.30%, NAQ is in the better half of the industry, outperforming 75.42% of the companies in the same industry.
The Return On Equity of NAQ (13.52%) is better than 71.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.71%, NAQ is in the better half of the industry, outperforming 78.81% of the companies in the same industry.
NAQ had an Average Return On Invested Capital over the past 3 years of 7.46%. This is in line with the industry average of 9.11%.
The 3 year average ROIC (7.46%) for NAQ is below the current ROIC(7.71%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 13.52% | ||
| ROIC | 7.71% |
ROA(3y)4.12%
ROA(5y)4.69%
ROE(3y)12.69%
ROE(5y)14.23%
ROIC(3y)7.46%
ROIC(5y)7.97%
1.3 Margins
NAQ has a better Profit Margin (19.89%) than 62.71% of its industry peers.
NAQ's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 28.43%, NAQ is in the better half of the industry, outperforming 67.80% of the companies in the same industry.
NAQ's Operating Margin has been stable in the last couple of years.
The Gross Margin of NAQ (62.26%) is better than 68.64% of its industry peers.
NAQ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.43% | ||
| PM (TTM) | 19.89% | ||
| GM | 62.26% |
OM growth 3Y-0.88%
OM growth 5Y0.46%
PM growth 3Y-9.2%
PM growth 5Y-3.63%
GM growth 3Y2.64%
GM growth 5Y1.1%
2. Health
2.1 Basic Checks
Compared to 1 year ago, NAQ has about the same amount of shares outstanding.
NAQ has more shares outstanding than it did 5 years ago.
NAQ has a better debt/assets ratio than last year.
2.2 Solvency
NAQ has an Altman-Z score of 2.59. This is not the best score and indicates that NAQ is in the grey zone with still only limited risk for bankruptcy at the moment.
NAQ has a better Altman-Z score (2.59) than 73.73% of its industry peers.
The Debt to FCF ratio of NAQ is 4.34, which is a neutral value as it means it would take NAQ, 4.34 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.34, NAQ is in the better half of the industry, outperforming 74.58% of the companies in the same industry.
NAQ has a Debt/Equity ratio of 0.72. This is a neutral value indicating NAQ is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.72, NAQ perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.59 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.99 indicates that NAQ may have some problems paying its short term obligations.
NAQ has a Current ratio (0.99) which is in line with its industry peers.
NAQ has a Quick Ratio of 0.99. This is a bad value and indicates that NAQ is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.99, NAQ is doing good in the industry, outperforming 60.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.99% over the past year.
The Earnings Per Share has been growing by 11.09% on average over the past years. This is quite good.
Looking at the last year, NAQ shows a quite strong growth in Revenue. The Revenue has grown by 16.44% in the last year.
NAQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.67% yearly.
EPS 1Y (TTM)17.99%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%18.92%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
3.2 Future
NAQ is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.25% yearly.
Based on estimates for the next years, NAQ will show a small growth in Revenue. The Revenue will grow by 7.56% on average per year.
EPS Next Y23.92%
EPS Next 2Y17.35%
EPS Next 3Y15.61%
EPS Next 5Y13.25%
Revenue Next Year11.49%
Revenue Next 2Y9.61%
Revenue Next 3Y9.03%
Revenue Next 5Y7.56%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 27.49, the valuation of NAQ can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as NAQ.
NAQ is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
NAQ is valuated rather expensively with a Price/Forward Earnings ratio of 23.24.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NAQ is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of NAQ to the average of the S&P500 Index (23.69), we can say NAQ is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.49 | ||
| Fwd PE | 23.24 |
4.2 Price Multiples
67.80% of the companies in the same industry are more expensive than NAQ, based on the Enterprise Value to EBITDA ratio.
NAQ's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NAQ is cheaper than 69.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.57 | ||
| EV/EBITDA | 20.39 |
4.3 Compensation for Growth
NAQ's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of NAQ may justify a higher PE ratio.
A more expensive valuation may be justified as NAQ's earnings are expected to grow with 15.61% in the coming years.
PEG (NY)1.15
PEG (5Y)2.48
EPS Next 2Y17.35%
EPS Next 3Y15.61%
5. Dividend
5.1 Amount
NAQ has a Yearly Dividend Yield of 1.20%.
Compared to an average industry Dividend Yield of 5.31, NAQ has a dividend in line with its industry peers.
With a Dividend Yield of 1.20, NAQ pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
5.2 History
The dividend of NAQ is nicely growing with an annual growth rate of 8.85%!
Dividend Growth(5Y)8.85%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
36.06% of the earnings are spent on dividend by NAQ. This is a low number and sustainable payout ratio.
The dividend of NAQ is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.06%
EPS Next 2Y17.35%
EPS Next 3Y15.61%
FRA:NAQ (12/5/2025, 7:00:00 PM)
77.52
+0.84 (+1.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners75.5%
Inst Owner ChangeN/A
Ins Owners0.54%
Ins Owner ChangeN/A
Market Cap44.26B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts82.5
Price Target91.82 (18.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
Yearly Dividend0.81
Dividend Growth(5Y)8.85%
DP36.06%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.1%
Min EPS beat(2)1.81%
Max EPS beat(2)2.38%
EPS beat(4)3
Avg EPS beat(4)1%
Min EPS beat(4)-0.6%
Max EPS beat(4)2.38%
EPS beat(8)5
Avg EPS beat(8)0.99%
EPS beat(12)8
Avg EPS beat(12)1.15%
EPS beat(16)11
Avg EPS beat(16)1.77%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.53%
Max Revenue beat(2)0.31%
Revenue beat(4)1
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)0.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.81%
Revenue beat(12)5
Avg Revenue beat(12)10.61%
Revenue beat(16)9
Avg Revenue beat(16)25.44%
PT rev (1m)-0.75%
PT rev (3m)1.99%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)4.14%
EPS NY rev (1m)0.2%
EPS NY rev (3m)2.37%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)1.84%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.49 | ||
| Fwd PE | 23.24 | ||
| P/S | 6.31 | ||
| P/FCF | 24.57 | ||
| P/OCF | 22.08 | ||
| P/B | 4.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.39 |
EPS(TTM)2.82
EY3.64%
EPS(NY)3.34
Fwd EY4.3%
FCF(TTM)3.16
FCFY4.07%
OCF(TTM)3.51
OCFY4.53%
SpS12.28
BVpS18.08
TBVpS-13.43
PEG (NY)1.15
PEG (5Y)2.48
Graham Number33.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 13.52% | ||
| ROCE | 10.12% | ||
| ROIC | 7.71% | ||
| ROICexc | 7.89% | ||
| ROICexgc | 120.36% | ||
| OM | 28.43% | ||
| PM (TTM) | 19.89% | ||
| GM | 62.26% | ||
| FCFM | 25.69% |
ROA(3y)4.12%
ROA(5y)4.69%
ROE(3y)12.69%
ROE(5y)14.23%
ROIC(3y)7.46%
ROIC(5y)7.97%
ROICexc(3y)7.79%
ROICexc(5y)8.72%
ROICexgc(3y)105.04%
ROICexgc(5y)113.14%
ROCE(3y)10.12%
ROCE(5y)10.74%
ROICexgc growth 3Y-7.3%
ROICexgc growth 5Y3.79%
ROICexc growth 3Y-12.6%
ROICexc growth 5Y-5.33%
OM growth 3Y-0.88%
OM growth 5Y0.46%
PM growth 3Y-9.2%
PM growth 5Y-3.63%
GM growth 3Y2.64%
GM growth 5Y1.1%
F-Score8
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 37.98% | ||
| Cap/Sales | 2.9% | ||
| Interest Coverage | 6.23 | ||
| Cash Conversion | 79.26% | ||
| Profit Quality | 129.11% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.59 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)47.2%
Cap/Depr(5y)58.66%
Cap/Sales(3y)2.61%
Cap/Sales(5y)2.79%
Profit Quality(3y)146.14%
Profit Quality(5y)125.99%
High Growth Momentum
Growth
EPS 1Y (TTM)17.99%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%18.92%
EPS Next Y23.92%
EPS Next 2Y17.35%
EPS Next 3Y15.61%
EPS Next 5Y13.25%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
Revenue Next Year11.49%
Revenue Next 2Y9.61%
Revenue Next 3Y9.03%
Revenue Next 5Y7.56%
EBIT growth 1Y22.92%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year20.96%
EBIT Next 3Y12.98%
EBIT Next 5Y9.28%
FCF growth 1Y29.27%
FCF growth 3Y23.48%
FCF growth 5Y15.68%
OCF growth 1Y31.7%
OCF growth 3Y21.43%
OCF growth 5Y15.02%
NASDAQ INC / NAQ.DE FAQ
What is the ChartMill fundamental rating of NASDAQ INC (NAQ.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to NAQ.DE.
Can you provide the valuation status for NASDAQ INC?
ChartMill assigns a valuation rating of 4 / 10 to NASDAQ INC (NAQ.DE). This can be considered as Fairly Valued.
What is the profitability of NAQ stock?
NASDAQ INC (NAQ.DE) has a profitability rating of 7 / 10.
What is the earnings growth outlook for NASDAQ INC?
The Earnings per Share (EPS) of NASDAQ INC (NAQ.DE) is expected to grow by 23.92% in the next year.
How sustainable is the dividend of NASDAQ INC (NAQ.DE) stock?
The dividend rating of NASDAQ INC (NAQ.DE) is 5 / 10 and the dividend payout ratio is 36.06%.