NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
85.56 EUR
-0.73 (-0.85%)
Taking everything into account, NAQ scores 5 out of 10 in our fundamental rating. NAQ was compared to 121 industry peers in the Capital Markets industry. While NAQ belongs to the best of the industry regarding profitability, 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.
NAQ had positive earnings in each of the past 5 years.
In the past 5 years NAQ always reported a positive cash flow from operatings.
1.2 Ratios
With a decent Return On Assets value of 5.30%, NAQ is doing good in the industry, outperforming 75.00% of the companies in the same industry.
With a decent Return On Equity value of 13.52%, NAQ is doing good in the industry, outperforming 70.83% of the companies in the same industry.
NAQ's Return On Invested Capital of 7.71% is fine compared to the rest of the industry. NAQ outperforms 79.17% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NAQ is in line with the industry average of 8.64%.
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 63.33% of its industry peers.
In the last couple of years the Profit Margin of NAQ has declined.
The Operating Margin of NAQ (28.43%) is better than 69.17% of its industry peers.
NAQ's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 62.26%, NAQ is in the better half of the industry, outperforming 71.67% of the companies in the same industry.
In the last couple of years the Gross Margin of NAQ has remained more or less at the same level.
| 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.
Compared to 1 year ago, NAQ has an improved debt to assets ratio.
2.2 Solvency
NAQ has an Altman-Z score of 2.79. 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.
The Altman-Z score of NAQ (2.79) is better than 78.33% 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.
The Debt to FCF ratio of NAQ (4.34) is better than 76.67% of its industry peers.
NAQ has a Debt/Equity ratio of 0.72. This is a neutral value indicating NAQ is somewhat dependend on debt financing.
NAQ has a Debt to Equity ratio (0.72) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.79 |
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.
The Current ratio of NAQ (0.99) is comparable to the rest of the industry.
A Quick Ratio of 0.99 indicates that NAQ may have some problems paying its short term obligations.
The Quick ratio of NAQ (0.99) is better than 60.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
NAQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.99%, which is quite good.
The Earnings Per Share has been growing by 11.09% on average over the past years. This is quite good.
NAQ shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.44%.
The Revenue has been growing by 11.67% on average over the past years. This is quite good.
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 Y24%
EPS Next 2Y17.6%
EPS Next 3Y15.8%
EPS Next 5Y13.25%
Revenue Next Year11.53%
Revenue Next 2Y9.69%
Revenue Next 3Y9.09%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 30.45 indicates a quite expensive valuation of NAQ.
NAQ's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.19. NAQ is around the same levels.
The Price/Forward Earnings ratio is 25.61, which means the current valuation is very expensive for NAQ.
NAQ's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of NAQ to the average of the S&P500 Index (23.88), we can say NAQ is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.45 | ||
| Fwd PE | 25.61 |
4.2 Price Multiples
NAQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NAQ is cheaper than 68.33% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NAQ is valued a bit cheaper than the industry average as 69.17% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.19 | ||
| EV/EBITDA | 22.42 |
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.
NAQ's earnings are expected to grow with 15.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.27
PEG (5Y)2.75
EPS Next 2Y17.6%
EPS Next 3Y15.8%
5. Dividend
5.1 Amount
NAQ has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
NAQ's Dividend Yield is comparable with the industry average which is at 3.36.
Compared to an average S&P500 Dividend Yield of 1.90, NAQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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
NAQ pays out 36.06% of its income as dividend. This is a sustainable payout ratio.
NAQ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.06%
EPS Next 2Y17.6%
EPS Next 3Y15.8%
FRA:NAQ (1/9/2026, 7:00:00 PM)
85.56
-0.73 (-0.85%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners75.55%
Inst Owner ChangeN/A
Ins Owners0.54%
Ins Owner ChangeN/A
Market Cap48.85B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts82.61
Price Target93.36 (9.12%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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)1.01%
PT rev (3m)3.97%
EPS NQ rev (1m)0.63%
EPS NQ rev (3m)4.8%
EPS NY rev (1m)0.06%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)2.14%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)1.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.45 | ||
| Fwd PE | 25.61 | ||
| P/S | 6.98 | ||
| P/FCF | 27.19 | ||
| P/OCF | 24.43 | ||
| P/B | 4.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.42 |
EPS(TTM)2.81
EY3.28%
EPS(NY)3.34
Fwd EY3.9%
FCF(TTM)3.15
FCFY3.68%
OCF(TTM)3.5
OCFY4.09%
SpS12.25
BVpS18.04
TBVpS-13.4
PEG (NY)1.27
PEG (5Y)2.75
Graham Number33.77
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 | 2.79 |
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 Y24%
EPS Next 2Y17.6%
EPS Next 3Y15.8%
EPS Next 5Y13.25%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
Revenue Next Year11.53%
Revenue Next 2Y9.69%
Revenue Next 3Y9.09%
Revenue Next 5Y7.56%
EBIT growth 1Y22.92%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year20.92%
EBIT Next 3Y12.53%
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.
What is the valuation status for NAQ stock?
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 financial health of NASDAQ INC (NAQ.DE) stock?
The financial health rating of NASDAQ INC (NAQ.DE) is 4 / 10.
Is the dividend of NASDAQ INC sustainable?
The dividend rating of NASDAQ INC (NAQ.DE) is 5 / 10 and the dividend payout ratio is 36.06%.