NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
83.45 EUR
-0.82 (-0.97%)
Overall NAQ gets a fundamental rating of 5 out of 10. We evaluated NAQ against 121 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
- NAQ had positive earnings in the past year.
- NAQ had a positive operating cash flow in the past year.
- Each year in the past 5 years NAQ has been profitable.
- In the past 5 years NAQ always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of NAQ (5.30%) is better than 76.03% of its industry peers.
- NAQ's Return On Equity of 13.52% is fine compared to the rest of the industry. NAQ outperforms 70.25% of its industry peers.
- NAQ has a better Return On Invested Capital (7.71%) than 80.17% of its industry peers.
- The Average Return On Invested Capital over the past 3 years 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
- NAQ has a better Profit Margin (19.89%) than 63.64% 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 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.
- NAQ has a Gross Margin of 62.26%. This is in the better half of the industry: NAQ outperforms 71.07% 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.
- NAQ has more shares outstanding than it did 5 years ago.
- NAQ has a better debt/assets ratio than last year.
2.2 Solvency
- NAQ has an Altman-Z score of 2.75. 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.
- With a decent Altman-Z score value of 2.75, NAQ is doing good in the industry, outperforming 79.34% of the companies in the same industry.
- 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 76.03% 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 | 2.75 |
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.
- NAQ has a Current ratio (0.99) which is in line with 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
- 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.
- Looking at the last year, NAQ shows a quite strong growth in Revenue. The Revenue has grown by 16.44% in the last year.
- 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.
- 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 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.
- The rest of the industry has a similar Price/Earnings ratio as NAQ.
- When comparing the Price/Earnings ratio of NAQ to the average of the S&P500 Index (27.21), we can say NAQ is valued inline with the index average.
- A Price/Forward Earnings ratio of 25.05 indicates a quite expensive valuation of NAQ.
- NAQ's Price/Forward Earnings is on the same level as the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. NAQ is around the same levels.
| 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.
- 67.77% of the companies in the same industry are more expensive than NAQ, based on the Price/Free Cash Flow ratio.
| 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.
- 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)1.24
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%.
- NAQ's Dividend Yield is comparable with the industry average which is at 3.02.
- NAQ's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.09% |
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.
- NAQ's earnings are growing more than its dividend. This makes the dividend growth 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%.