Euronext NV (ENX) AI Stock Analysis

• Market Cap: €12.30B
• Dividend Yield: 2.19%
• Average Volume (3M): 268.88K
• Price to Earnings (P/E): 19.6
• Beta (1Y): 0.33
• Revenue Growth: 11.04%
• EPS Growth: 14.98%
• Country: FR
• Employees: 2,407
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): 1.64
• Shares Outstanding: 101,542,530
• 10 Day Avg. Volume: 248,234
• 30 Day Avg. Volume: 268,878
• 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: €145.50
• Price Target Upside: 9.98% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 8
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: €131.00 ▼(-0.98% Downside)

Euronext NV's overall stock score is primarily driven by its strong financial performance, which is offset by bearish technical indicators. The stock is fairly valued with a reasonable P/E ratio and moderate dividend yield. The lack of earnings call data and corporate events means these factors did 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 exhibits a strong financial profile with robust profitability and stable leverage. The income statement and balance sheet are impressive, though the cash flow statement indicates some areas for improvement, particularly in free cash flow growth.

Income Statement

Euronext NV demonstrates strong profitability with a high gross profit margin of 83.12% and a net profit margin of 37.61% for the TTM. Revenue growth is positive at 3.12%, indicating steady expansion. The EBIT and EBITDA margins are robust at 52.71% and 63.84%, respectively, showcasing efficient operations. Overall, the income statement reflects a healthy financial performance with consistent growth and profitability.

Balance Sheet

The company's balance sheet is stable with a manageable debt-to-equity ratio of 0.72, indicating a balanced approach to leveraging. Return on equity is solid at 15.61%, reflecting effective use of shareholder funds. The equity ratio is not explicitly calculated but the overall asset base is strong, supporting financial stability. The balance sheet reflects a sound financial position with moderate leverage.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 38.3%, which could be a concern. However, the operating cash flow to net income ratio is positive, albeit low at 0.23%, and the free cash flow to net income ratio is strong at 90.66%, indicating efficient cash conversion. While there are areas for improvement, the cash flow statement remains relatively healthy.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.34B	1.62B	1.47B	1.41B	1.29B	884.15M
Gross Profit	1.05B	1.26B	1.10B	1.04B	958.49M	668.99M
EBITDA	866.31M	1.06B	904.96M	811.76M	756.32M	518.05M
Net Income	493.16M	585.57M	513.57M	437.83M	413.34M	315.48M
Balance Sheet
Total Assets	357.58B	209.39B	189.51B	175.14B	145.91B	2.88B
Cash, Cash Equivalents and Short-Term Investments	341.30B	1.74B	176.46B	168.01B	961.95M	721.56M
Total Debt	3.01B	3.12B	3.11B	3.09B	3.13B	1.33B
Total Liabilities	353.29B	204.99B	185.42B	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	621.36M	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	-37.07M	157.91M	-122.58M	-4.22B	-104.72M
Financing Cash Flow	-748.58M	-441.67M	-522.21M	-282.37M	3.84B	104.23M

Euronext NV Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 132.30
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:ENX, the sentiment is Positive. The current price of 132.3 is above the 20-day moving average (MA) of 127.06, above the 50-day MA of 127.10, and below the 200-day MA of 135.46, indicating a neutral trend. The MACD of 0.91 indicates Negative momentum. The RSI at 64.21 is Neutral, neither overbought nor oversold. The STOCH value of 89.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:ENX.

Euronext NV Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CS	75 Outperform	€79.19B	10.78	17.06%	5.52%	-0.94%	8.47%
GLE	72 Outperform	€37.16B	8.66	7.47%	2.84%	-14.11%	180.83%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ENX	65 Neutral	€12.30B	19.61	16.09%	2.19%	11.04%	14.98%
ACA	65 Neutral	€47.43B	6.72	10.82%	6.67%	-3.99%	14.76%
BNP	64 Neutral	€73.62B	7.00	9.50%	10.06%	-6.55%	14.18%
AMUN	60 Neutral	€13.25B	7.86	14.33%	6.16%	18.42%	37.83%