NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
76.92 EUR
-0.1 (-0.13%)
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 has a great profitability rating, 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.
In the past 5 years NAQ has always been profitable.
In the past 5 years NAQ always reported a positive cash flow from operatings.
1.2 Ratios
NAQ has a better Return On Assets (5.30%) than 75.42% of its industry peers.
NAQ's Return On Equity of 13.52% is fine compared to the rest of the industry. NAQ outperforms 71.19% of its industry peers.
The Return On Invested Capital of NAQ (7.71%) is better than 78.81% 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 9.11%.
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
With a decent Profit Margin value of 19.89%, NAQ is doing good in the industry, outperforming 62.71% of the companies in the same industry.
NAQ's Profit Margin has declined in the last couple of years.
NAQ has a better Operating Margin (28.43%) than 67.80% of its industry peers.
In the last couple of years the Operating Margin of NAQ has remained more or less at the same level.
Looking at the Gross Margin, with a value of 62.26%, NAQ is in the better half of the industry, outperforming 68.64% 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.
Compared to 5 years ago, NAQ has more shares outstanding
Compared to 1 year ago, NAQ has an improved debt to assets ratio.
2.2 Solvency
NAQ has an Altman-Z score of 2.58. 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 2.58. This is in the better half of the industry: NAQ outperforms 72.88% 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.
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 (0.72) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.58 |
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 (0.99) which is in line with its industry peers.
A Quick Ratio of 0.99 indicates that NAQ may have some problems paying its short term obligations.
NAQ's Quick ratio of 0.99 is fine compared to the rest of the industry. NAQ outperforms 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.
The Earnings Per Share has been growing by 11.09% on average over the past years. This is quite good.
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
Based on estimates for the next years, NAQ will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.25% on average per year.
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.
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
A Price/Earnings ratio of 27.28 indicates a quite expensive valuation of NAQ.
NAQ's Price/Earnings is on the same level as the industry average.
NAQ is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.29, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 23.05 indicates a rather 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 23.51. NAQ is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.28 | ||
| Fwd PE | 23.05 |
4.2 Price Multiples
NAQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NAQ is cheaper than 68.64% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NAQ is valued a bit cheaper than 70.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.36 | ||
| EV/EBITDA | 20.24 |
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 15.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.14
PEG (5Y)2.46
EPS Next 2Y17.35%
EPS Next 3Y15.61%
5. Dividend
5.1 Amount
NAQ has a Yearly Dividend Yield of 1.20%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.31, NAQ has a dividend in line with its industry peers.
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 (12/9/2025, 7:00:00 PM)
76.92
-0.1 (-0.13%)
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 Cap43.92B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts82.5
Price Target91.82 (19.37%)
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 | 27.28 | ||
| Fwd PE | 23.05 | ||
| P/S | 6.26 | ||
| P/FCF | 24.36 | ||
| P/OCF | 21.89 | ||
| P/B | 4.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.24 |
EPS(TTM)2.82
EY3.67%
EPS(NY)3.34
Fwd EY4.34%
FCF(TTM)3.16
FCFY4.1%
OCF(TTM)3.51
OCFY4.57%
SpS12.29
BVpS18.09
TBVpS-13.44
PEG (NY)1.14
PEG (5Y)2.46
Graham Number33.88
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 | 2.58 |
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%.