(ENX) Euronext - Ratings and Ratios

Exchange: PA • Country: Netherlands • Currency: EUR • Type: Common Stock • ISIN: NL0006294274

Securities Trading, Derivatives Trading, Market Data, Listing Services, Post-Trade

ENX EPS (Earnings per Share)

EPS (Earnings per Share) of ENX over the last years for every Quarter: "2020-09": 1.12, "2020-12": 1.19, "2021-03": 1.53, "2021-06": 1.43, "2021-09": 1.21, "2021-12": 1.3, "2022-03": 1.54, "2022-06": 1.34, "2022-09": 1.21, "2022-12": 1.1, "2023-03": 1.37, "2023-06": 1.34, "2023-09": 1.38, "2023-12": 1.41, "2024-03": 1.58, "2024-06": 1.59, "2024-09": 1.74, "2024-12": 1.66, "2025-03": 1.8, "2025-06": 2.02, "2025-09": 0,

ENX Revenue

Revenue of ENX over the last years for every Quarter: 2020-09: 204.8, 2020-12: 436.778, 2021-03: 249.3, 2021-06: 351.184, 2021-09: 350.4, 2021-12: 370, 2022-03: 395.7, 2022-06: 403.831, 2022-09: 301.3, 2022-12: 347.1, 2023-03: 372.3, 2023-06: 368.1, 2023-09: 360, 2023-12: 374.2, 2024-03: 402, 2024-06: 412.901, 2024-09: 396.3, 2024-12: 415.2, 2025-03: 458.5, 2025-06: 465.39, 2025-09: null,

Description: ENX Euronext October 30, 2025

Euronext N.V. (ENX) operates a pan-European network of securities and derivatives exchanges-including venues in the Netherlands, France, Italy, Belgium, Portugal, Ireland, Norway, Denmark, and the United States-plus a suite of ancillary services such as market-data distribution, post-trade clearing, custody, and technology solutions for third-party venues.

The core product set includes cash-equities listings, multilateral trading facilities (MTFs) for equities, fixed-income, and exchange-traded products, as well as options on blue-chip stocks and commodity futures (e.g., milling-wheat contracts). Euronext also monetises real-time, historical, and reference data, and offers colocation, network, and regulatory-reporting services to institutional clients.

Key recent metrics (FY 2023): net revenue €1.47 bn (+5 % YoY), trading volume growth of 3 % across cash equities, and a 7 % increase in data-service subscriptions, reflecting continued demand for low-latency market infrastructure and ESG-focused listings.

Sector drivers that materially affect Euronext’s outlook include: (1) the EU’s MiFID II and upcoming MiFID III reforms, which tighten transparency and could boost data-service revenues; (2) the ongoing consolidation of European exchanges, positioning Euronext as a preferred partner for cross-border listings; and (3) macro-economic trends in the eurozone-particularly GDP growth and corporate earnings-since they directly influence trading activity and new-issue pipelines.

Given the company’s diversified revenue streams and exposure to both traditional equity markets and fast-growing data services, a deeper quantitative assessment (e.g., discounted cash-flow model using the latest earnings guidance) is warranted; you may find ValueRay’s analyst tools useful for that next step.

ENX Stock Overview

Market Cap in USD 15,137m
Sub-Industry Financial Exchanges & Data
IPO / Inception

ENX Stock Ratings

Growth Rating 77.6%
Fundamental 69.3%
Dividend Rating 69.8%
Return 12m vs S&P 500 2.10%
Analyst Rating -

ENX Dividends

Dividend Yield 12m 2.35%
Yield on Cost 5y 4.02%
Annual Growth 5y 14.32%
Payout Consistency 98.6%
Payout Ratio 45.7%

ENX Growth Ratios

Growth Correlation 3m -87.6%
Growth Correlation 12m 68.4%
Growth Correlation 5y 51.7%
CAGR 5y 23.99%
CAGR/Max DD 3y (Calmar Ratio) 1.23
CAGR/Mean DD 3y (Pain Ratio) 4.62
Sharpe Ratio 12m 0.69
Alpha 6.21
Beta 0.815
Volatility 18.58%
Current Volume 282.6k
Average Volume 20d 243k
Stop Loss 119.6 (-3.1%)
Signal -0.39

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income (652.7m TTM) > 0 and > 6% of Revenue (6% = 104.1m TTM)
FCFTA 0.00 (>2.0%) and ΔFCFTA 0.15pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 2.69% (prev 43.97%; Δ -41.28pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.00 (>3.0%) and CFO 794.4m > Net Income 652.7m (YES >=105%, WARN >=100%)
Net Debt (2.09b) to EBITDA (1.11b) ratio: 1.88 <= 3.0 (WARN <= 3.5)
Current Ratio 1.00 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (102.1m) change vs 12m ago -1.78% (target <= -2.0% for YES)
Gross Margin 60.29% (prev 83.38%; Δ -23.10pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 0.61% (prev 0.72%; Δ -0.11pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 25.05 (EBITDA TTM 1.11b / Interest Expense TTM 36.5m) >= 6 (WARN >= 3)

Altman Z'' 0.05

(A) 0.00 = (Total Current Assets 350.38b - Total Current Liabilities 350.33b) / Total Assets 357.58b
(B) 0.01 = Retained Earnings (Balance) 1.89b / Total Assets 357.58b
(C) 0.00 = EBIT TTM 914.6m / Avg Total Assets 286.76b
(D) 0.01 = Book Value of Equity 2.24b / Total Liabilities 353.29b
Total Rating: 0.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 69.32

1. Piotroski 4.50pt = -0.50
2. FCF Yield -0.22% = -0.11
3. FCF Margin 41.50% = 7.50
4. Debt/Equity 0.72 = 2.25
5. Debt/Ebitda 1.88 = 0.23
6. ROIC - WACC (= 1.92)% = 2.39
7. RoE 15.61% = 1.30
8. Rev. Trend 93.42% = 7.01
9. EPS Trend -14.89% = -0.74

What is the price of ENX shares?

As of October 30, 2025, the stock is trading at EUR 123.40 with a total of 282,609 shares traded.
Over the past week, the price has changed by -1.44%, over one month by -2.68%, over three months by -14.01% and over the past year by +22.10%.

Is Euronext a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Euronext (PA:ENX) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 69.32 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of ENX is around 120.82 EUR . This means that ENX is currently overvalued and has a potential downside of -2.09%.

Is ENX a buy, sell or hold?

Euronext has no consensus analysts rating.

What are the forecasts/targets for the ENX price?

Issuer Target Up/Down from current
Wallstreet Target Price 145.4 17.8%
Analysts Target Price - -
ValueRay Target Price 133.5 8.2%

ENX Fundamental Data Overview January 01, 1970

Market Cap USD = 15.14b (13.00b EUR * 1.1646 EUR.USD)
Market Cap EUR = 13.00b (13.00b EUR * 1.0 EUR.EUR)
P/E Trailing = 20.1893
P/E Forward = 14.7275
P/S = 7.4853
P/B = 3.0388
P/EG = 3.5478
Beta = 0.815
Revenue TTM = 1.74b EUR
EBIT TTM = 914.6m EUR
EBITDA TTM = 1.11b EUR
Long Term Debt = 2.31b EUR (from longTermDebt, last quarter)
Short Term Debt = 624.9m EUR (from shortTermDebt, last quarter)
Debt = 3.01b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.09b EUR (from netDebt column, last quarter)
Enterprise Value = -325.30b EUR (13.00b + Debt 3.01b - CCE 341.30b)
Interest Coverage Ratio = 25.05 (Ebit TTM 914.6m / Interest Expense TTM 36.5m)
FCF Yield = -0.22% (FCF TTM 720.2m / Enterprise Value -325.30b)
FCF Margin = 41.50% (FCF TTM 720.2m / Revenue TTM 1.74b)
Net Margin = 37.61% (Net Income TTM 652.7m / Revenue TTM 1.74b)
Gross Margin = 60.29% ((Revenue TTM 1.74b - Cost of Revenue TTM 689.2m) / Revenue TTM)
Gross Margin QoQ = 87.58% (prev 75.25%)
Tobins Q-Ratio = -0.91 (set to none) (Enterprise Value -325.30b / Total Assets 357.58b)
Interest Expense / Debt = 1.21% (Interest Expense 36.5m / Debt 3.01b)
Taxrate = 25.74% (68.1m / 264.5m)
NOPAT = 679.2m (EBIT 914.6m * (1 - 25.74%))
Current Ratio = 1.00 (Total Current Assets 350.38b / Total Current Liabilities 350.33b)
Debt / Equity = 0.72 (Debt 3.01b / totalStockholderEquity, last quarter 4.15b)
Debt / EBITDA = 1.88 (Net Debt 2.09b / EBITDA 1.11b)
Debt / FCF = 2.90 (Net Debt 2.09b / FCF TTM 720.2m)
Total Stockholder Equity = 4.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.18% (Net Income 652.7m / Total Assets 357.58b)
RoE = 15.61% (Net Income TTM 652.7m / Total Stockholder Equity 4.18b)
RoCE = 14.09% (EBIT 914.6m / Capital Employed (Equity 4.18b + L.T.Debt 2.31b))
RoIC = 9.41% (NOPAT 679.2m / Invested Capital 7.22b)
WACC = 7.49% (E(13.00b)/V(16.00b) * Re(9.02%) + D(3.01b)/V(16.00b) * Rd(1.21%) * (1-Tc(0.26)))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.02%
[DCF Debug] Terminal Value 73.45% ; FCFE base≈476.7m ; Y1≈440.6m ; Y5≈399.4m
Fair Price DCF = 59.50 (DCF Value 6.04b / Shares Outstanding 101.5m; 5y FCF grow -9.54% → 3.0% )
EPS Correlation: -14.89 | EPS CAGR: -53.79% | SUE: -4.0 | # QB: 0
Revenue Correlation: 93.42 | Revenue CAGR: 17.13% | SUE: 1.40 | # QB: 2

Additional Sources for ENX Stock

Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle