NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
83.45 EUR
-0.82 (-0.97%)
NAQ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- NAQ had positive earnings in the past year.
- NAQ had a positive operating cash flow in the past year.
- NAQ had positive earnings in each of the past 5 years.
- Each year in the past 5 years NAQ had a positive operating cash flow.
1.2 Ratios
- NAQ has a better Return On Assets (5.30%) than 76.03% of its industry peers.
- The Return On Equity of NAQ (13.52%) is better than 70.25% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 7.71%, NAQ belongs to the top of the industry, outperforming 80.17% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for NAQ is in line with the industry average of 8.43%.
- 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
- With a decent Profit Margin value of 19.89%, NAQ is doing good in the industry, outperforming 63.64% of the companies in the same industry.
- In the last couple of years the Profit Margin of NAQ has declined.
- The Operating Margin of NAQ (28.43%) is better than 69.42% of its industry peers.
- In the last couple of years the Operating Margin of NAQ has remained more or less at the same level.
- With a decent Gross Margin value of 62.26%, NAQ is doing good in the industry, outperforming 71.07% of the companies in the same industry.
- 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
- NAQ has about the same amout of shares outstanding than it did 1 year ago.
- The number of shares outstanding for NAQ has been increased compared to 5 years ago.
- NAQ has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.75 indicates that NAQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
- NAQ has a Altman-Z score of 2.75. This is in the better half of the industry: NAQ outperforms 79.34% of its industry peers.
- NAQ has a debt to FCF ratio of 4.34. This is a neutral value as NAQ would need 4.34 years to pay back of all of its debts.
- With a decent Debt to FCF ratio value of 4.34, NAQ is doing good in the industry, outperforming 76.03% 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.
- 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 | 2.75 |
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 58.68% of 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.
- NAQ has a Quick ratio of 0.99. This is comparable to the rest of the industry: NAQ outperforms 59.50% 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.
- Measured over the past years, NAQ shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.09% on average per year.
- 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
- The Earnings Per Share is expected to grow by 13.93% on average over the next years. This is quite good.
- The Revenue is expected to grow by 7.56% on average over the next years.
EPS Next Y24%
EPS Next 2Y17.6%
EPS Next 3Y15.8%
EPS Next 5Y13.93%
Revenue Next Year11.68%
Revenue Next 2Y10.01%
Revenue Next 3Y9.37%
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.
- 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
- NAQ is valuated quite expensively with a Price/Earnings ratio of 29.80.
- NAQ's Price/Earnings ratio is in line with the industry average.
- NAQ's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.21.
- With a Price/Forward Earnings ratio of 25.05, NAQ can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NAQ is on the same level as its industry peers.
- NAQ's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.8 | ||
| Fwd PE | 25.05 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NAQ is valued a bit cheaper than 66.12% of the companies in the same industry.
- NAQ's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NAQ is cheaper than 67.77% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.59 | ||
| EV/EBITDA | 22.01 |
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.
- NAQ's earnings are expected to grow with 15.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.24
PEG (5Y)2.69
EPS Next 2Y17.6%
EPS Next 3Y15.8%
5. Dividend
5.1 Amount
- NAQ has a Yearly Dividend Yield of 1.09%. Purely for dividend investing, there may be better candidates out there.
- NAQ's Dividend Yield is comparable with the industry average which is at 3.07.
- Compared to an average S&P500 Dividend Yield of 1.82, NAQ's dividend is way lower than the S&P500 average.
| 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
- 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 2Y17.6%
EPS Next 3Y15.8%
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%.