NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
83.14 EUR
+0.29 (+0.35%)
We assign a fundamental rating of 5 out of 10 to NAQ. NAQ was compared to 120 industry peers in the Capital Markets industry. NAQ scores excellent on profitability, but 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
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.
NAQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NAQ has a better Return On Assets (5.30%) than 74.17% of its industry peers.
Looking at the Return On Equity, with a value of 13.52%, NAQ is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
NAQ has a better Return On Invested Capital (7.71%) than 77.50% 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 9.23%.
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
Looking at the Profit Margin, with a value of 19.89%, NAQ is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Profit Margin of NAQ has declined.
NAQ's Operating Margin of 28.43% is fine compared to the rest of the industry. NAQ outperforms 68.33% of its industry peers.
In the last couple of years the Operating Margin of NAQ has remained more or less at the same level.
NAQ has a better Gross Margin (62.26%) than 69.17% of its industry peers.
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 2.74. 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.
NAQ has a Altman-Z score of 2.74. This is in the better half of the industry: NAQ outperforms 75.00% 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.
With a decent Debt to FCF ratio value of 4.34, NAQ is doing good in the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.72 indicates that NAQ is somewhat dependend on debt financing.
NAQ has a Debt to Equity ratio of 0.72. This is comparable to the rest of the industry: NAQ outperforms 50.00% of its industry peers.
| 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.
With a Current ratio value of 0.99, NAQ perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that NAQ may have some problems paying its short term obligations.
NAQ has a Quick ratio of 0.99. This is comparable to the rest of the industry: NAQ outperforms 59.17% 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.
The Revenue has grown by 16.44% in the past year. This is quite good.
Measured over the past years, NAQ shows a quite strong growth in Revenue. The Revenue has been growing by 11.67% on average per year.
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 13.25% on average over the next years. This is quite good.
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
The EPS growth rate is stable: in the next years the growth will be about the same 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
NAQ is valuated quite expensively with a Price/Earnings ratio of 29.91.
NAQ's Price/Earnings ratio is in line with the industry average.
NAQ is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 25.23 indicates a quite expensive valuation of NAQ.
The rest of the industry has a similar Price/Forward Earnings ratio as NAQ.
The average S&P500 Price/Forward Earnings ratio is at 24.03. NAQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.91 | ||
| Fwd PE | 25.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NAQ is valued a bit cheaper than 67.50% 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 68.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.67 | ||
| EV/EBITDA | 21.89 |
4.3 Compensation for Growth
The 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 15.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.25
PEG (5Y)2.7
EPS Next 2Y17.35%
EPS Next 3Y15.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.14%, NAQ has a reasonable but not impressive dividend return.
NAQ's Dividend Yield is comparable with the industry average which is at 3.18.
NAQ's Dividend Yield is slightly below the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
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.
NAQ's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.06%
EPS Next 2Y17.35%
EPS Next 3Y15.61%
FRA:NAQ (12/23/2025, 7:00:00 PM)
83.14
+0.29 (+0.35%)
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 Cap47.47B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts82.5
Price Target91.82 (10.44%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.14% |
Yearly Dividend0.8
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)0.04%
PT rev (3m)3.4%
EPS NQ rev (1m)0.71%
EPS NQ rev (3m)4.19%
EPS NY rev (1m)0.2%
EPS NY rev (3m)2.37%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)1.91%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.91 | ||
| Fwd PE | 25.23 | ||
| P/S | 6.85 | ||
| P/FCF | 26.67 | ||
| P/OCF | 23.96 | ||
| P/B | 4.65 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.89 |
EPS(TTM)2.78
EY3.34%
EPS(NY)3.29
Fwd EY3.96%
FCF(TTM)3.12
FCFY3.75%
OCF(TTM)3.47
OCFY4.17%
SpS12.14
BVpS17.86
TBVpS-13.27
PEG (NY)1.25
PEG (5Y)2.7
Graham Number33.43
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 | 2.74 |
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%.