NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - FRA:NAQ - US6311031081 - Common Stock
77.09 EUR
-0.24 (-0.31%)
NAQ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 115 industry peers in the Capital Markets industry. Both the profitability and the financial health of NAQ get a neutral evaluation. Nothing too spectacular is happening here. NAQ has a correct valuation and a medium 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.
NAQ had positive earnings in each of the past 5 years.
Each year in the past 5 years NAQ had a positive operating cash flow.
1.2 Ratios
NAQ has a better Return On Assets (4.96%) than 73.91% of its industry peers.
Looking at the Return On Equity, with a value of 12.77%, NAQ is in the better half of the industry, outperforming 68.70% of the companies in the same industry.
NAQ has a better Return On Invested Capital (7.36%) than 76.52% 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 8.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 12.77% | ||
| ROIC | 7.36% |
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 Profit Margin of 18.59%. This is in the better half of the industry: NAQ outperforms 62.61% of its industry peers.
NAQ's Profit Margin has declined in the last couple of years.
NAQ has a Operating Margin of 27.06%. This is in the better half of the industry: NAQ outperforms 68.70% of its industry peers.
NAQ's Operating Margin has been stable in the last couple of years.
NAQ's Gross Margin of 60.60% is fine compared to the rest of the industry. NAQ outperforms 70.43% of its industry peers.
NAQ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.06% | ||
| PM (TTM) | 18.59% | ||
| GM | 60.6% |
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
An Altman-Z score of 2.56 indicates that NAQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.56, NAQ is doing good in the industry, outperforming 72.17% of the companies in the same industry.
NAQ has a debt to FCF ratio of 4.30. This is a neutral value as NAQ would need 4.30 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 4.30, NAQ is doing good in the industry, outperforming 71.30% of the companies in the same industry.
A Debt/Equity ratio of 0.73 indicates that NAQ is somewhat dependend on debt financing.
The Debt to Equity ratio of NAQ (0.73) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 4.3 | ||
| Altman-Z | 2.56 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
NAQ has a Current Ratio of 0.96. 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 (0.96) which is in line with its industry peers.
A Quick Ratio of 0.96 indicates that NAQ may have some problems paying its short term obligations.
NAQ has a Quick ratio of 0.96. This is comparable to the rest of the industry: NAQ outperforms 59.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
NAQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.18%, which is quite good.
NAQ shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.09% yearly.
The Revenue has grown by 23.58% in the past year. This is a very strong growth!
The Revenue has been growing by 11.67% on average over the past years. This is quite good.
EPS 1Y (TTM)14.18%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%23.19%
Revenue 1Y (TTM)23.58%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%12.68%
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 12.58% on average per year.
Based on estimates for the next years, NAQ will show a small growth in Revenue. The Revenue will grow by 7.21% on average per year.
EPS Next Y21.16%
EPS Next 2Y16.25%
EPS Next 3Y14.76%
EPS Next 5Y12.58%
Revenue Next Year10.4%
Revenue Next 2Y8.77%
Revenue Next 3Y8.32%
Revenue Next 5Y7.21%
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 28.34.
NAQ's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of NAQ to the average of the S&P500 Index (27.49), we can say NAQ is valued inline with the index average.
With a Price/Forward Earnings ratio of 23.37, NAQ is valued on the expensive side.
61.74% of the companies in the same industry are more expensive than NAQ, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, NAQ is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.34 | ||
| Fwd PE | 23.37 |
4.2 Price Multiples
71.30% of the companies in the same industry are more expensive than NAQ, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NAQ indicates a somewhat cheap valuation: NAQ is cheaper than 71.30% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.95 | ||
| EV/EBITDA | 21.11 |
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.
NAQ's earnings are expected to grow with 14.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.34
PEG (5Y)2.56
EPS Next 2Y16.25%
EPS Next 3Y14.76%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, NAQ has a reasonable but not impressive dividend return.
NAQ's Dividend Yield is comparable with the industry average which is at 5.63.
Compared to an average S&P500 Dividend Yield of 2.43, NAQ's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
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
37.73% 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.
DP37.73%
EPS Next 2Y16.25%
EPS Next 3Y14.76%
FRA:NAQ (10/14/2025, 7:00:00 PM)
77.09
-0.24 (-0.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.86%
Inst Owner ChangeN/A
Ins Owners0.54%
Ins Owner ChangeN/A
Market Cap44.23B
Analysts81.6
Price Target89.79 (16.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Yearly Dividend0.81
Dividend Growth(5Y)8.85%
DP37.73%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.4%
Min EPS beat(2)0.42%
Max EPS beat(2)2.38%
EPS beat(4)3
Avg EPS beat(4)1.67%
Min EPS beat(4)-0.6%
Max EPS beat(4)4.49%
EPS beat(8)5
Avg EPS beat(8)1%
EPS beat(12)8
Avg EPS beat(12)1.23%
EPS beat(16)11
Avg EPS beat(16)1.74%
Revenue beat(2)1
Avg Revenue beat(2)-0.6%
Min Revenue beat(2)-1.51%
Max Revenue beat(2)0.31%
Revenue beat(4)1
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-3.94%
Max Revenue beat(4)0.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.86%
Revenue beat(12)6
Avg Revenue beat(12)16.68%
Revenue beat(16)10
Avg Revenue beat(16)29.2%
PT rev (1m)-0.27%
PT rev (3m)20.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.16%
EPS NY rev (1m)0.09%
EPS NY rev (3m)3.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.09%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.34 | ||
| Fwd PE | 23.37 | ||
| P/S | 6.3 | ||
| P/FCF | 23.95 | ||
| P/OCF | 21.67 | ||
| P/B | 4.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 21.11 |
EPS(TTM)2.72
EY3.53%
EPS(NY)3.3
Fwd EY4.28%
FCF(TTM)3.22
FCFY4.18%
OCF(TTM)3.56
OCFY4.61%
SpS12.24
BVpS17.82
TBVpS-13.97
PEG (NY)1.34
PEG (5Y)2.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.96% | ||
| ROE | 12.77% | ||
| ROCE | 9.66% | ||
| ROIC | 7.36% | ||
| ROICexc | 7.63% | ||
| ROICexgc | 198.88% | ||
| OM | 27.06% | ||
| PM (TTM) | 18.59% | ||
| GM | 60.6% | ||
| FCFM | 26.31% |
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%
ROICexcg growth 3Y-7.3%
ROICexcg 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 | 0.73 | ||
| Debt/FCF | 4.3 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 36.25% | ||
| Cap/Sales | 2.76% | ||
| Interest Coverage | 5.66 | ||
| Cash Conversion | 83.83% | ||
| Profit Quality | 141.51% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 2.56 |
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)14.18%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%23.19%
EPS Next Y21.16%
EPS Next 2Y16.25%
EPS Next 3Y14.76%
EPS Next 5Y12.58%
Revenue 1Y (TTM)23.58%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%12.68%
Revenue Next Year10.4%
Revenue Next 2Y8.77%
Revenue Next 3Y8.32%
Revenue Next 5Y7.21%
EBIT growth 1Y17.95%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year19.17%
EBIT Next 3Y11.84%
EBIT Next 5Y9.08%
FCF growth 1Y37.59%
FCF growth 3Y23.48%
FCF growth 5Y15.68%
OCF growth 1Y38.3%
OCF growth 3Y21.43%
OCF growth 5Y15.02%