NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
83.45 EUR
-0.82 (-0.97%)
Overall NAQ gets a fundamental rating of 5 out of 10. We evaluated NAQ against 118 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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year NAQ was profitable.
- In the past year NAQ had a positive cash flow from operations.
- Each year in the past 5 years NAQ has been profitable.
- In the past 5 years NAQ always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of NAQ (5.30%) is better than 76.86% of its industry peers.
- NAQ has a Return On Equity of 13.52%. This is in the better half of the industry: NAQ outperforms 71.07% of its industry peers.
- The Return On Invested Capital of NAQ (7.71%) is better than 80.99% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for NAQ is in line with the industry average of 8.65%.
- The last Return On Invested Capital (7.71%) for NAQ is above the 3 year average (7.46%), which is a sign of increasing profitability.
| 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's Profit Margin of 19.89% is fine compared to the rest of the industry. NAQ outperforms 64.46% of its industry peers.
- In the last couple of years the Profit Margin of NAQ has declined.
- With a decent Operating Margin value of 28.43%, NAQ is doing good in the industry, outperforming 70.25% of the companies in the same industry.
- NAQ's Operating Margin has been stable in the last couple of years.
- NAQ's Gross Margin of 62.26% is fine compared to the rest of the industry. NAQ outperforms 71.90% 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.
- The debt/assets ratio for NAQ has been reduced compared to a year ago.
2.2 Solvency
- NAQ has an Altman-Z score of 2.74. 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.
- With a decent Altman-Z score value of 2.74, NAQ is doing good in the industry, outperforming 78.51% of the companies in the same industry.
- 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.
- NAQ has a Debt to FCF ratio of 4.34. This is in the better half of the industry: NAQ outperforms 76.86% of its industry peers.
- A Debt/Equity ratio of 0.72 indicates that NAQ is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.72, NAQ is in line with its industry, outperforming 54.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.74 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- NAQ has a Current 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.
- NAQ has a Current ratio of 0.99. This is comparable to the rest of the industry: NAQ outperforms 59.50% of its industry peers.
- A Quick Ratio of 0.99 indicates that NAQ may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.99, NAQ is in the better half of the industry, outperforming 60.33% of the companies in the same industry.
| 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.
- Looking at the last year, NAQ shows a quite strong growth in Revenue. The Revenue has grown by 16.44% in the last year.
- 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 13.93% 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 2Y18.09%
EPS Next 3Y15.87%
EPS Next 5Y13.93%
Revenue Next Year11.62%
Revenue Next 2Y9.99%
Revenue Next 3Y9.29%
Revenue Next 5Y7.56%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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 29.91 indicates a quite expensive valuation of NAQ.
- The rest of the industry has a similar Price/Earnings ratio as NAQ.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, NAQ is valued at the same level.
- NAQ is valuated rather expensively with a Price/Forward Earnings ratio of 24.92.
- NAQ's Price/Forward Earnings is on the same level as the industry average.
- NAQ's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.91 | ||
| Fwd PE | 24.92 |
4.2 Price Multiples
- NAQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NAQ is cheaper than 66.94% of the companies in the same industry.
- 68.59% of the companies in the same industry are more expensive than NAQ, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.67 | ||
| EV/EBITDA | 21.88 |
4.3 Compensation for Growth
- NAQ's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- NAQ has a very decent profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as NAQ's earnings are expected to grow with 15.87% in the coming years.
PEG (NY)1.25
PEG (5Y)2.7
EPS Next 2Y18.09%
EPS Next 3Y15.87%
5. Dividend
5.1 Amount
- NAQ has a Yearly Dividend Yield of 1.09%.
- NAQ's Dividend Yield is comparable with the industry average which is at 3.08.
- NAQ's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
5.2 History
- On average, the dividend of NAQ grows each year by 8.85%, which is quite nice.
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 2Y18.09%
EPS Next 3Y15.87%
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%.