(ENX) Euronext - Overview
Sector: Financial Services | Industry: Financial Data & Stock Exchanges | Exchange: PA (France) | Market Cap: 14.133m EUR | Total Return: -2.8% in 12m
Stock Exchanges, Trading Services, Market Data, Post-Trade Services
Total Rating 35
Safety 18
Buy Signal -0.64
Financial Data & Stock Exchanges
Industry Rotation: +6.8
Industry Rotation: +6.8
Market Cap:
16.6B
Avg Turnover: 35.9M
Avg Turnover: 35.9M
Risk 3d forecast
Volatility20.2%
VaR 5th Pctl3.59%
VaR vs Median7.63%
Reward TTM
Sharpe Ratio-0.24
Rel. Str. IBD44.6
Rel. Str. Peer Group67.6
Character TTM
Beta0.091
Beta Downside-0.175
Hurst Exponent0.564
Drawdowns 3y
Max DD25.70%
CAGR/Max DD1.25
CAGR/Mean DD6.27
EPS (Earnings per Share)
EPS CAGR: 3.47%
EPS Trend: 69.6%
EPS Trend: 69.6%
Last SUE: -0.20
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 3.93%
Rev. Trend: 80.2%
Rev. Trend: 80.2%
Last SUE: 0.51
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: ENX Euronext
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
Piotroski VR‑10 (Strict)
4.5
| Net Income: 643.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.12 > 1.0 |
| NWC/Revenue: 92.75% < 20% (prev 56.49%; Δ 36.26% < -1%) |
| CFO/TA 0.00 > 3% & CFO 815.9m > Net Income 643.0m |
| Net Debt (1.87b) to EBITDA (1.17b): 1.60 < 3 |
| Current Ratio: 5.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (103.1m) vs 12m ago -0.92% < -2% |
| Gross Margin: 84.89% > 18% (prev 0.57%; Δ 8.43k% > 0.5%) |
| Asset Turnover: 0.68% > 50% (prev 0.78%; Δ -0.10% > 0%) |
| Interest Coverage Ratio: 70.36 > 6 (EBITDA TTM 1.17b / Interest Expense TTM 13.8m) |
Altman Z''
0.09
| A: 0.01 (Total Current Assets 2.11b - Total Current Liabilities 421.2m) / Total Assets 327.63b |
| B: 0.01 (Retained Earnings 2.19b / Total Assets 327.63b) |
| C: 0.00 (EBIT TTM 972.1m / Avg Total Assets 268.51b) |
| D: 0.01 (Book Value of Equity 2.35b / Total Liabilities 322.90b) |
| Altman-Z'' Score: 0.09 = B |
Beneish M
1.00
| DSRI: 0.92 (Receivables 426.7m/412.9m, Revenue 1.82b/1.63b) |
| GMI: 0.67 (GM 84.89% / 56.78%) |
| AQI: 32.05 (AQ_t 0.99 / AQ_t-1 0.03) |
| SGI: 1.12 (Revenue 1.82b / 1.63b) |
| TATA: -0.00 (NI 643.0m - CFO 815.9m) / TA 327.63b) |
| Beneish M-Score: 15.11 (Cap -4..+1) = D |
What is the price of ENX shares?
As of May 16, 2026, the stock is trading at EUR 138.60 with a total of 254,518 shares traded.
Over the past week, the price has changed by -0.07%, over one month by -5.97%, over three months by +9.57% and over the past year by -2.82%.
Over the past week, the price has changed by -0.07%, over one month by -5.97%, over three months by +9.57% and over the past year by -2.82%.
Is ENX a buy, sell or hold?
Euronext has no consensus analysts rating.
What are the forecasts/targets for the ENX price?
| Analysts Target Price | - | - |
Euronext (ENX) - Fundamental Data Overview
as of 14 May 2026
Market Cap USD = 16.56b (14.13b EUR * 1.1715 EUR.USD)P/E Trailing = 22.4921
P/E Forward = 17.6367
P/S = 7.7706
P/B = 3.0486
P/EG = 2.4509
Revenue TTM = 1.82b EUR
EBIT TTM = 972.1m EUR
EBITDA TTM = 1.17b EUR
Long Term Debt = 2.91b EUR (from longTermDebt, last quarter)
Short Term Debt = 421.2m EUR (from shortTermDebt, last quarter)
Debt = 3.47b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.87b EUR (from netDebt column, last quarter)
Enterprise Value = 16.01b EUR (14.13b + Debt 3.47b - CCE 1.59b)
Interest Coverage Ratio = 70.36 (Ebit TTM 972.1m / Interest Expense TTM 13.8m)
EV/FCF = 22.51x (Enterprise Value 16.01b / FCF TTM 711.1m)
FCF Yield = 4.44% (FCF TTM 711.1m / Enterprise Value 16.01b)
FCF Margin = 39.10% (FCF TTM 711.1m / Revenue TTM 1.82b)
Net Margin = 35.36% (Net Income TTM 643.0m / Revenue TTM 1.82b)
Gross Margin = 84.89% ((Revenue TTM 1.82b - Cost of Revenue TTM 274.8m) / Revenue TTM)
Gross Margin QoQ = 88.12% (prev 88.75%)
Tobins Q-Ratio = 0.05 (Enterprise Value 16.01b / Total Assets 327.63b)
Interest Expense / Debt = 0.12% (Interest Expense 4.30m / Debt 3.47b)
Taxrate = 26.63% (56.8m / 213.3m)
NOPAT = 713.3m (EBIT 972.1m * (1 - 26.63%))
Current Ratio = 5.00 (Total Current Assets 2.11b / Total Current Liabilities 421.2m)
Debt / Equity = 0.76 (Debt 3.47b / totalStockholderEquity, last quarter 4.54b)
Debt / EBITDA = 1.60 (Net Debt 1.87b / EBITDA 1.17b)
Debt / FCF = 2.64 (Net Debt 1.87b / FCF TTM 711.1m)
Total Stockholder Equity = 4.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.24% (Net Income 643.0m / Total Assets 327.63b)
RoE = 14.94% (Net Income TTM 643.0m / Total Stockholder Equity 4.30b)
RoCE = 13.47% (EBIT 972.1m / Capital Employed (Equity 4.30b + L.T.Debt 2.91b))
RoIC = 9.64% (NOPAT 713.3m / Invested Capital 7.40b)
WACC = 5.08% (E(14.13b)/V(17.60b) * Re(6.30%) + D(3.47b)/V(17.60b) * Rd(0.12%) * (1-Tc(0.27)))
Discount Rate = 6.30% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -100.0 | Cagr: -1.57%
[DCF] Terminal Value 87.40% ; FCFF base≈712.6m ; Y1≈798.8m ; Y5≈1.06b
[DCF] Fair Price = 294.6 (EV 31.26b - Net Debt 1.87b = Equity 29.39b / Shares 99.7m; r=6.0% [WACC]; 5y FCF grow 14.01% → 3.0% )
EPS Correlation: 69.57 | EPS CAGR: 3.47% | SUE: -0.20 | # QB: 0
Revenue Correlation: 80.16 | Revenue CAGR: 3.93% | SUE: 0.51 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.10 | Chg30d=+2.43% | Revisions=+33% | Analysts=3
EPS current Year (2026-12-31): EPS=7.92 | Chg30d=-0.19% | Revisions=+38% | GrowthEPS=+10.0% | GrowthRev=+10.3%
EPS next Year (2027-12-31): EPS=8.57 | Chg30d=+0.44% | Revisions=+14% | GrowthEPS=+8.2% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: +38%