NASDAQ INC (NAQ.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:NAQ - US6311031081 - Common Stock
77.52 EUR
+0.84 (+1.1%)
Taking everything into account, NAQ scores 5 out of 10 in our fundamental rating. NAQ was compared to 121 industry peers in the Capital Markets industry. NAQ has an excellent profitability rating, but 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.
NAQ had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NAQ's Return On Assets of 5.30% is fine compared to the rest of the industry. NAQ outperforms 75.21% 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.
Looking at the Return On Invested Capital, with a value of 7.71%, NAQ is in the better half of the industry, outperforming 78.51% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NAQ is in line with the industry average of 9.05%.
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
Looking at the Profit Margin, with a value of 19.89%, NAQ is in the better half of the industry, outperforming 61.16% of the companies in the same industry.
In the last couple of years the Profit Margin of NAQ has declined.
NAQ's Operating Margin of 28.43% is fine compared to the rest of the industry. NAQ outperforms 66.94% of its industry peers.
NAQ's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 62.26%, NAQ is doing good in the industry, outperforming 69.42% of the companies in the same industry.
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
An Altman-Z score of 2.57 indicates that NAQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
NAQ has a better Altman-Z score (2.57) than 72.73% 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.
The Debt to FCF ratio of NAQ (4.34) is better than 74.38% 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 | 2.57 |
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.
With a Current ratio value of 0.99, NAQ perfoms like the industry average, outperforming 58.68% 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.
With a Quick ratio value of 0.99, NAQ perfoms like the industry average, outperforming 59.50% 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.
Measured over the past years, NAQ shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.09% on average per year.
Looking at the last year, NAQ shows a quite strong growth in Revenue. The Revenue has grown by 16.44% in the last year.
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
The Earnings Per Share is expected to grow by 13.25% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.56% on average over the next years.
EPS Next Y23.68%
EPS Next 2Y17.06%
EPS Next 3Y15.24%
EPS Next 5Y13.25%
Revenue Next Year11.35%
Revenue Next 2Y9.37%
Revenue Next 3Y8.76%
Revenue Next 5Y7.56%
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.
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 27.59.
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 (26.46), we can say NAQ is valued inline with the index average.
NAQ is valuated rather expensively with a Price/Forward Earnings ratio of 23.40.
NAQ's Price/Forward Earnings is on the same level as the industry average.
NAQ's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 36.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.59 | ||
| Fwd PE | 23.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NAQ is valued a bit cheaper than the industry average as 67.77% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NAQ is valued a bit cheaper than the industry average as 68.59% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.61 | ||
| EV/EBITDA | 20.11 |
4.3 Compensation for Growth
The 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 15.24% in the coming years.
PEG (NY)1.17
PEG (5Y)2.49
EPS Next 2Y17.06%
EPS Next 3Y15.24%
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 5.43, NAQ has a dividend in line with its industry peers.
With a Dividend Yield of 1.20, NAQ pays less dividend than the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.2% |
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
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 2Y17.06%
EPS Next 3Y15.24%
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)2.93%
PT rev (3m)2.66%
EPS NQ rev (1m)0.21%
EPS NQ rev (3m)3.74%
EPS NY rev (1m)1.34%
EPS NY rev (3m)2.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.69%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.59 | ||
| Fwd PE | 23.4 | ||
| P/S | 6.32 | ||
| P/FCF | 24.61 | ||
| P/OCF | 22.11 | ||
| P/B | 4.29 | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.11 |
EPS(TTM)2.81
EY3.62%
EPS(NY)3.31
Fwd EY4.27%
FCF(TTM)3.15
FCFY4.06%
OCF(TTM)3.51
OCFY4.52%
SpS12.26
BVpS18.05
TBVpS-13.41
PEG (NY)1.17
PEG (5Y)2.49
Graham Number33.78
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 | 2.57 |
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 Y23.68%
EPS Next 2Y17.06%
EPS Next 3Y15.24%
EPS Next 5Y13.25%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
Revenue Next Year11.35%
Revenue Next 2Y9.37%
Revenue Next 3Y8.76%
Revenue Next 5Y7.56%
EBIT growth 1Y22.92%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year19.17%
EBIT Next 3Y11.84%
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 23.68% 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%.