NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
84.75 EUR
+0.68 (+0.81%)
NAQ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 121 industry peers in the Capital Markets industry. NAQ scores excellent on profitability, but 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
- 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.
- In the past 5 years NAQ always reported a positive cash flow from operatings.
1.2 Ratios
- NAQ has a Return On Assets of 5.30%. This is in the better half of the industry: NAQ outperforms 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.
- With an excellent Return On Invested Capital value of 7.71%, NAQ belongs to the best of the industry, outperforming 80.99% 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 8.43%.
- 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 has a better Profit Margin (19.89%) than 64.46% of its industry peers.
- In the last couple of years the Profit Margin of NAQ has declined.
- The Operating Margin of NAQ (28.43%) is better than 70.25% 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 71.90% 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
- Compared to 1 year ago, NAQ has about the same amount of shares outstanding.
- Compared to 5 years ago, NAQ has more shares outstanding
- The debt/assets ratio for NAQ has been reduced compared to a year ago.
2.2 Solvency
- NAQ has an Altman-Z score of 2.76. 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 better Altman-Z score (2.76) than 77.69% 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 better Debt to FCF ratio (4.34) than 76.86% of its industry peers.
- A Debt/Equity ratio of 0.72 indicates that 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 | 2.76 |
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 59.50% of the companies in the same industry.
- 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.
- With a decent Quick ratio value of 0.99, NAQ is doing good in 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
- 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.
- NAQ shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.67% yearly.
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.
- NAQ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.56% yearly.
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.
- 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
- With a Price/Earnings ratio of 30.27, NAQ can be considered very expensive at the moment.
- NAQ's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 26.94, NAQ is valued at the same level.
- NAQ is valuated quite expensively with a Price/Forward Earnings ratio of 25.48.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NAQ is on the same level as its industry peers.
- Compared to an average S&P500 Price/Forward Earnings ratio of 23.94, NAQ is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.27 | ||
| Fwd PE | 25.48 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, NAQ is valued a bit cheaper than the industry average as 68.59% 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 67.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.05 | ||
| EV/EBITDA | 22.16 |
4.3 Compensation for Growth
- NAQ's 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.
- A more expensive valuation may be justified as NAQ's earnings are expected to grow with 15.80% in the coming years.
PEG (NY)1.26
PEG (5Y)2.73
EPS Next 2Y17.6%
EPS Next 3Y15.8%
5. Dividend
5.1 Amount
- NAQ has a Yearly Dividend Yield of 1.08%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 3.07, NAQ has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.83, NAQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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
- NAQ pays out 36.06% of its income as dividend. This is a 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%
FRA:NAQ (1/20/2026, 7:00:00 PM)
84.75
+0.68 (+0.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)10-21 2025-10-21/bmo
Earnings (Next)01-29 2026-01-29/amc
Inst Owners75.55%
Inst Owner ChangeN/A
Ins Owners0.54%
Ins Owner ChangeN/A
Market Cap48.39B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts82.61
Price Target94.9 (11.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.08% |
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)3.35%
PT rev (3m)5.69%
EPS NQ rev (1m)0.57%
EPS NQ rev (3m)3.73%
EPS NY rev (1m)0.06%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0.65%
Revenue NQ rev (3m)2.13%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)1.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.27 | ||
| Fwd PE | 25.48 | ||
| P/S | 6.95 | ||
| P/FCF | 27.05 | ||
| P/OCF | 24.31 | ||
| P/B | 4.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.16 |
EPS(TTM)2.8
EY3.3%
EPS(NY)3.33
Fwd EY3.92%
FCF(TTM)3.13
FCFY3.7%
OCF(TTM)3.49
OCFY4.11%
SpS12.2
BVpS17.95
TBVpS-13.34
PEG (NY)1.26
PEG (5Y)2.73
Graham Number33.63
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 | 2.76 |
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 Y24%
EPS Next 2Y17.6%
EPS Next 3Y15.8%
EPS Next 5Y13.93%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
Revenue Next Year11.68%
Revenue Next 2Y10.01%
Revenue Next 3Y9.37%
Revenue Next 5Y7.56%
EBIT growth 1Y22.92%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year20.92%
EBIT Next 3Y12.53%
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.
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%.