Skip to Content

Euronext NV ENX

Morningstar Rating
€84.40 +0.70 (0.84%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Euronext Is the European Exchange Pureplay

Euronext is a pure European exchange group with a strong presence in cash equities trading, operating the largest collective liquidity pool across the region. Leveraging this position, Euronext offers proprietary indexes and index derivatives. Its indexes are not as ubiquitous as those of its larger competitors on a global scale, but they are a crucial input for regional money managers. Euronext has also increased its footprint in post-trade capabilities with the acquisition of Borsa Italiana, allowing the group to decouple itself over the next several years from relying on peers for crucial trading value chain operations.

Price vs Fair Value

ENX is trading at a 3% discount.
Price
€85.15
Fair Value
€42.00
Uncertainty
Medium
1-Star Price
€994.30
5-Star Price
€48.40
Economic Moat
Bpmnxy
Capital Allocation
Rbgykcwky

Bulls Say, Bears Say

Bulls

Moving derivative and equity volumes from LCH to CC&G will strengthen Euronext’s competitive position.

Bears

Euronext derives about half its revenue from listing and trading activities that are more prone to market volatility.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ENX is a good fit for your portfolio.

Trading Information

Previous Close Price
€83.70
Day Range
€83.9084.85
52-Week Range
€60.6589.50
Bid/Ask
€84.00 / €85.65
Market Cap
€8.74 Bil
Volume/Avg
149,538 / 151,556

Key Statistics

Price/Earnings (Normalized)
15.00
Price/Sales
6.09
Dividend Yield (Trailing)
2.63%
Dividend Yield (Forward)
2.63%
Total Yield
5.18%

Company Profile

Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext’s other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Stock Style Box
Mid Core
Total Number of Employees
2,297

Competitors

Valuation

Metric
ENX
ICE
DB1
Price/Earnings (Normalized)
15.0023.4118.20
Price/Book Value
2.222.943.41
Price/Sales
6.097.525.29
Price/Cash Flow
13.9918.9514.14
Price/Earnings
ENX
ICE
DB1

Financial Strength

Metric
ENX
ICE
DB1
Quick Ratio
1.010.050.68
Current Ratio
1.011.001.01
Interest Coverage
19.724.1925.73
Quick Ratio
ENX
ICE
DB1

Profitability

Metric
ENX
ICE
DB1
Return on Assets (Normalized)
0.31%2.10%0.67%
Return on Equity (Normalized)
14.92%13.14%20.05%
Return on Invested Capital (Normalized)
7.97%8.05%0.97%
Return on Assets
ENX
ICE
DB1
See how this stock stacks up to its competitors with Morningstar Investor

Financial Data & Stock Exchanges Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
SPGI
S&P Global IncYcdhmtcqkcWshst$133.2 Bil
CME
CME Group Inc Class ABykpwhkcklQfzdy$75.9 Bil
ICE
Intercontinental Exchange IncMqzqlpdvglYpww$75.5 Bil
MCO
Moody's CorporationYtpnmrpljCfz$68.5 Bil
LNSTY
London Stock Exchange Group PLC ADRDmhnf$59.9 Bil
LDNXF
London Stock Exchange Group PLCVjcy$59.9 Bil
COIN
Coinbase Global Inc Ordinary Shares - Class ABvhvgkymMlhl$57.3 Bil
MSCI
MSCI IncQklbytrprFdll$37.9 Bil
NDAQ
Nasdaq IncRzygbssyMjdfzn$34.7 Bil
FDS
FactSet Research Systems IncGxkrbzmkNtsfsb$16.1 Bil

Sponsor Center