Euronext NV (ENX) AI Stock Analysis

• Market Cap: €13.89B
• Dividend Yield: 2.06%
• Average Volume (3M): 185.16K
• Price to Earnings (P/E): 22.2
• Beta (1Y): 0.41
• Revenue Growth: 10.94%
• EPS Growth: 15.62%
• Country: FR
• Employees: 2,407
• Sector: Financial
• Sector Strength: 78
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): 2.01
• Shares Outstanding: 101,542,530
• 10 Day Avg. Volume: 137,033
• 30 Day Avg. Volume: 185,162
• PEG Ratio: 1.14
• Price to Book (P/B): 2.64
• Price to Sales (P/S): 6.90
• P/FCF Ratio: 18.06
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €151.44
• Price Target Upside: 7.33% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 72 Outperform
• Price Target: €158.00 ▲(11.98% Upside)

Euronext NV's overall stock score is driven by its strong financial performance, particularly in profitability and leverage. The technical analysis indicates a neutral market position, and the valuation suggests moderate attractiveness. The absence of earnings call data and corporate events means these factors do not influence the score.

Euronext NV Business Overview & Revenue Model

Company Description

Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Ireland, and Norway. The company offers a range of exchange and corporate services, including security listings, cash and derivatives trading, and market data dissemination. It also provides listing venues and cash equities trading venues; and various marketplaces, including multilateral trading facilities for investors, broker-dealers, and other market participants to meet directly to buy and sell cash equities, fixed income securities, and exchange traded products. In addition, the company offers options contracts based on the blue-chip equities listed on Euronext; commodity derivatives, such as milling wheat futures contracts; and post-trade services, as well as distributes and sells real-time, historic, and reference data to data vendors, and financial institutions and individual investors. Further, it provides equity, debt, fund and ETF listing, corporate and investor, cash trading, foreign exchange trading, derivatives trading, fixed income trading, and power trading services. Additionally, the company offers technology solutions and services to exchanges, venue operators, and financial institutions; connectivity, colocation, and network and proximity services; data analytics, risk management, order management system, broker workstations, algorithmic trading validation, and regulatory reporting services; and hosting services to financial firms and third-party venue operators. The company was formerly known as Euronext Group N.V. and changed its name to Euronext N.V. in May 2014. Euronext N.V. was founded in 2000 and is headquartered in Amsterdam, the Netherlands.

How the Company Makes Money

Euronext generates revenue through several key streams, primarily from trading fees, listing fees, and market data services. Trading fees are charged per transaction on its platforms, representing a significant portion of its income. Listing fees are collected from companies that wish to be publicly traded on its exchanges, with additional fees for ongoing compliance and regulatory support. Market data services generate revenue by providing real-time and historical data to financial institutions, traders, and third-party vendors. Additionally, Euronext has formed partnerships with various financial technology firms to enhance its trading infrastructure and expand its service offerings, further contributing to its revenue growth.

Euronext NV Financial Statement Overview

Summary

Euronext NV demonstrates strong financial health with notable revenue and profit growth, robust profit margins, and efficient cash generation. The balance sheet is stable with manageable leverage, though a low equity ratio could be a potential risk. Overall, the company is well-positioned in the capital markets industry with efficient operations and solid financial performance.

Income Statement

Euronext NV shows strong growth in Total Revenue with a year-over-year increase of 10.3% in 2024. The Gross Profit Margin is robust at 71.2%, and the Net Profit Margin stands at a healthy 36%. EBIT and EBITDA margins are also strong at 48.4% and 60.1%, respectively, indicating efficient cost management and robust operational performance.

Balance Sheet

The company maintains a stable Debt-to-Equity Ratio of 0.73, reflecting a balanced leverage position. The Return on Equity is impressive at 13.8%, highlighting efficient utilization of equity. However, the Equity Ratio is somewhat low at 2%, suggesting a high reliance on liabilities relative to assets.

Cash Flow

Euronext NV has shown healthy Free Cash Flow Growth of -14.1% from 2023 to 2024, although a decrease, it maintains positive Free Cash Flow. The Operating Cash Flow to Net Income Ratio is strong at 1.2, indicating good cash generation from operations. The Free Cash Flow to Net Income Ratio is also robust at 1.06, reflecting efficient conversion of profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.74B	1.62B	1.47B	1.48B	1.39B	884.32M
Gross Profit	1.44B	1.16B	1.10B	1.33B	1.25B	669.16M
EBITDA	1.11B	1.79B	789.17M	827.16M	857.42M	520.37M
Net Income	652.66M	585.60M	513.57M	437.83M	413.34M	315.48M
Balance Sheet
Total Assets	357.58B	209.39B	192.24B	175.14B	145.87B	2.88B
Cash, Cash Equivalents and Short-Term Investments	341.30B	1.74B	1.55B	168.01B	138.71B	721.56M
Total Debt	3.01B	3.12B	3.11B	3.09B	3.13B	1.33B
Total Liabilities	353.29B	204.99B	188.15B	171.10B	142.14B	1.80B
Stockholders Equity	4.15B	4.25B	3.95B	3.91B	3.65B	1.06B
Cash Flow
Free Cash Flow	720.23M	621.30M	723.04M	516.97M	476.12M	258.77M
Operating Cash Flow	794.39M	708.60M	826.07M	616.49M	543.71M	277.99M
Investing Cash Flow	-498.32M	-37.10M	98.81M	-128.47M	-4.22B	-104.72M
Financing Cash Flow	-748.58M	-441.70M	-519.70M	-276.48M	3.84B	104.23M

Euronext NV Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 141.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ENX, the sentiment is Negative. The current price of 141.1 is below the 20-day moving average (MA) of 141.69, below the 50-day MA of 144.65, and above the 200-day MA of 128.07, indicating a neutral trend. The MACD of -0.56 indicates Negative momentum. The RSI at 43.28 is Neutral, neither overbought nor oversold. The STOCH value of 23.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:ENX.

Euronext NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENX	72 Outperform	€13.89B	22.16	16.09%	2.06%	10.94%	15.62%
Sector *	68 Neutral	$17.93B	11.86	10.28%	3.71%	9.75%	1.60%
0RDX	―	€12.93B	7.70	14.33%	―	―	―
0HAR	―	€84.99B	11.33	17.06%	―	―	―
0HB5	―	€86.78B	8.15	9.50%	―	―	―
0HAI	―	€47.05B	6.71	10.82%	―	―	―
0J6Y	―	€36.33B	8.36	7.47%	―	―	―