(ENX) Euronext - Overview
Sector: Financial Services | Industry: Financial Data & Stock Exchanges | Exchange: PA (France) | Market Cap: 14.901m EUR | Total Return: 3.3% in 12m
Avg Turnover: 35.7M
EPS Trend: 98.5%
Qual. Beats: 1
Rev. Trend: 99.9%
Qual. Beats: 1
Warnings
Extended 3d
Tailwinds
Pead, Confidence
Euronext N.V. operates a pan-European market infrastructure providing listing, trading, and post-trade services across multiple asset classes, including equities, fixed income, and derivatives. Headquartered in Amsterdam, the company manages regulated exchanges in several European nations and provides technology solutions, market data, and clearing services to international financial institutions. The business model relies heavily on transaction-based fees and recurring revenue from data dissemination and corporate services.
As a key player in the Financial Exchanges & Data sector, Euronext benefits from high barriers to entry due to stringent regulatory requirements and the necessity of deep liquidity pools. The company’s integrated model covers the entire capital markets value chain, from initial public offerings to settlement and custody. For a deeper look into the companys fundamental metrics, consult ValueRay.
- Trading volume volatility in cash equities and derivatives impacts transaction revenue
- Expansion of clearing and settlement services increases non-volume related revenue
- European regulatory shifts influence listing activity and market data monetization
- Integration of Borsa Italiana synergies enhances operational margins and cash flow
- Interest rate fluctuations drive fixed income trading and clearing collateral income
| Net Income: 670.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 0.07 > 1.0 |
| NWC/Revenue: 115.1% < 20% (prev 53.24%; Δ 61.82% < -1%) |
| CFO/TA 0.00 > 3% & CFO 1.13b > Net Income 670.5m |
| Net Debt (1.42b) to EBITDA (1.22b): 1.17 < 3 |
| Current Ratio: 6.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (104.0m) vs 12m ago 1.75% < -2% |
| Gross Margin: 88.79% > 18% (prev 0.59%; Δ 8.82k% > 0.5%) |
| Asset Turnover: 0.51% > 50% (prev 0.48%; Δ 0.03% > 0%) |
| Interest Coverage Ratio: 53.66 > 6 (EBITDA TTM 1.22b / Interest Expense TTM 18.9m) |
| A: 0.01 (Total Current Assets 2.60b - Total Current Liabilities 431.5m) / Total Assets 387b |
| B: 0.01 (Retained Earnings 2.19b / Total Assets 387b) |
| C: 0.00 (EBIT TTM 1.02b / Avg Total Assets 369b) |
| D: 0.01 (Book Value of Equity 2.35b / Total Liabilities 382b) |
| Altman-Z'' = 0.08 = B |
| DSRI: 0.82 (Receivables 527.5m/574.2m, Revenue 1.89b/1.68b) |
| GMI: 0.66 (GM 88.79% / 58.63%) |
| AQI: 53.66 (AQ_t 0.99 / AQ_t-1 0.02) |
| SGI: 1.12 (Revenue 1.89b / 1.68b) |
| TATA: -0.00 (NI 670.5m - CFO 1.13b) / TA 387b) |
| Beneish M = 27.83 (Cap -4..+1) = D |
As of May 25, 2026, the stock is trading at EUR 149.40 with a total of 283,930 shares traded.
Over the past week, the price has changed by +7.79%,
over one month by +3.53%,
over three months by +14.13% and
over the past year by +3.32%.
Euronext has no consensus analysts rating.
P/E Trailing = 22.844
P/E Forward = 19.8413
P/S = 7.896
P/B = 3.1512
P/EG = 4.7434
Revenue TTM = 1.89b EUR
EBIT TTM = 1.02b EUR
EBITDA TTM = 1.22b EUR
Long Term Debt = 2.92b EUR (from longTermDebt, last quarter)
Short Term Debt = 431.5m EUR (from shortTermDebt, last quarter)
Debt = 3.50b EUR (from shortLongTermDebtTotal, last quarter) + Leases 85.6m
Net Debt = 1.42b EUR (calculated: Debt 3.50b - CCE 2.07b)
Enterprise Value = 16.3b EUR (14.9b + Debt 3.50b - CCE 2.07b)
Interest Coverage Ratio = 53.66 (Ebit TTM 1.02b / Interest Expense TTM 18.9m)
EV/FCF = 15.48x (Enterprise Value 16.3b / FCF TTM 1.05b)
FCF Yield = 6.46% (FCF TTM 1.05b / Enterprise Value 16.3b)
FCF Margin = 55.90% (FCF TTM 1.05b / Revenue TTM 1.89b)
Net Margin = 35.54% (Net Income TTM 670.5m / Revenue TTM 1.89b)
Gross Margin = 88.79% ((Revenue TTM 1.89b - Cost of Revenue TTM 211.5m) / Revenue TTM)
Gross Margin QoQ = 90.47% (prev 88.12%)
Tobins Q-Ratio = 0.04 (Enterprise Value 16.3b / Total Assets 387b)
Interest Expense / Debt = 0.54% (Interest Expense 18.9m / Debt 3.50b)
Taxrate = 26.42% (74.6m / 282.4m)
NOPAT = 746.9m (EBIT 1.02b * (1 - 26.42%))
Current Ratio = 6.03 (Total Current Assets 2.60b / Total Current Liabilities 431.5m)
Debt / Equity = 0.74 (Debt 3.50b / totalStockholderEquity, last quarter 4.73b)
Debt / EBITDA = 1.17 (Net Debt 1.42b / EBITDA 1.22b)
Debt / FCF = 1.35 (Net Debt 1.42b / FCF TTM 1.05b)
Total Stockholder Equity = 4.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.18% (Net Income 670.5m / Total Assets 387b)
RoE = 15.13% (Net Income TTM 670.5m / Total Stockholder Equity 4.43b)
RoCE = 13.82% (EBIT 1.02b / Capital Employed (Equity 4.43b + L.T.Debt 2.92b))
RoIC = 0.19% (NOPAT 746.9m / Invested Capital 387b)
WACC = 5.15% (E(14.9b)/V(18.4b) * Re(6.26%) + D(3.50b)/V(18.4b) * Rd(0.54%) * (1-Tc(0.26)))
Discount Rate = 6.26% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -46.67 | Cagr: -1.02%
[DCF] Terminal Value 77.97% ; FCFF base≈915.7m ; Y1≈1.05b ; Y5≈1.54b
[DCF] Fair Price = 218.8 (EV 23.2b - Net Debt 1.42b = Equity 21.8b / Shares 99.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 98.47 | EPS CAGR: 16.30% | SUE: 2.37 | # QB: 1
Revenue Correlation: 99.86 | Revenue CAGR: 11.48% | SUE: 3.58 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.24 | Chg30d=+5.08% | Revisions=+33% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.88 | Chg30d=+2.52% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=7.90 | Chg30d=-0.86% | Revisions=+38% | GrowthEPS=+9.7% | GrowthRev=+11.2%
EPS next Year (2027-12-31): EPS=8.60 | Chg30d=+0.38% | Revisions=+14% | GrowthEPS=+8.9% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: +38%