NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
77.52 EUR
+0.84 (+1.1%)
We assign a fundamental rating of 5 out of 10 to NAQ. NAQ was compared to 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 correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
NAQ had positive earnings in the past year.
In the past year NAQ had a positive cash flow from operations.
In the past 5 years NAQ has always been profitable.
Each year in the past 5 years NAQ had a positive operating cash flow.
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.
With a decent Return On Equity value of 13.52%, NAQ is doing good in the industry, outperforming 71.19% of the companies in the same industry.
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.
The Average Return On Invested Capital over the past 3 years for NAQ 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
The Profit Margin of NAQ (19.89%) is better than 62.71% of its industry peers.
NAQ's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 28.43%, NAQ is doing good in the industry, outperforming 67.80% of the companies in the same industry.
In the last couple of years the Operating Margin of NAQ has remained more or less at the same level.
NAQ has a Gross Margin of 62.26%. This is in the better half of the industry: NAQ outperforms 68.64% 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
The number of shares outstanding for NAQ remains at a similar level compared to 1 year ago.
The number of shares outstanding for NAQ has been increased compared to 5 years ago.
Compared to 1 year ago, NAQ has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.59 indicates that NAQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of NAQ (2.59) is better than 73.73% 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.
NAQ has a Debt to FCF ratio of 4.34. This is in the better half of the industry: NAQ outperforms 74.58% 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 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 | 2.59 |
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.
Looking at the Current ratio, with a value of 0.99, NAQ is in line with its industry, outperforming 59.32% 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 better Quick ratio (0.99) than 60.17% of its industry peers.
| 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.
NAQ shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.09% yearly.
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 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.
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 27.49.
Compared to the rest of the industry, the Price/Earnings ratio of NAQ is on the same level as its industry peers.
NAQ is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 23.24, the valuation of NAQ can be described as rather expensive.
NAQ's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.56. NAQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.49 | ||
| Fwd PE | 23.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NAQ is valued a bit cheaper than the industry average as 67.80% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NAQ indicates a somewhat cheap valuation: NAQ is cheaper than 69.49% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.57 | ||
| EV/EBITDA | 20.39 |
4.3 Compensation for Growth
The 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 15.61% 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%.
NAQ's Dividend Yield is comparable with the industry average which is at 5.31.
Compared to an average S&P500 Dividend Yield of 2.31, NAQ's dividend is way lower than the S&P500 average.
| 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%.