Euronext NV ENX

Morningstar Rating
€177.70 −0.40 (0.22%)
View Full Chart

Company Report

Euronext Is a European Exchange Pure Play

Euronext is a European exchange group with a strong presence in cash equities trading and operates 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, 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 within a range we consider fairly valued.
Price
€178.10
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Having its own clearing capabilities is strengthening Euronext's competitive position.

Bears

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

News

Trading Information

Previous Close Price
€178.10
Day Range
€174.70–178.20
52-Week Range
€114.40–178.20
Bid/Ask
€173.50 / €177.80
Shares Outstanding
99.74M
Market Cap
€17.72B
Volume/Avg
283,542 / 186,137

Key Statistics

Price/Earnings (Normalized)
23.72
Price/Sales
9.38
Dividend Yield (Trailing)
1.79%
Dividend Yield (Forward)
1.79%
Dividend Payment Schedule
May
Total Yield
3.50%

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 Growth
Total Number of Employees
3,105

Competitors

Valuation

Metric
ENX
LSEG
ICE
Price/Earnings (Normalized)
23.7221.3521.22
Price/Book Value
3.842.483.09
Price/Sales
9.385.036.92
Price/Cash Flow
19.9911.2416.33
Price/Earnings
ENX
LSEG
ICE

Financial Strength

Metric
ENX
LSEG
ICE
Quick Ratio
0.000.010.04
Current Ratio
1.001.001.01
Interest Coverage
41.556.597.50
Quick Ratio
ENX
LSEG
ICE

Profitability

Metric
ENX
LSEG
ICE
Return on Assets (Normalized)
0.22%0.32%2.82%
Return on Equity (Normalized)
17.94%13.33%15.06%
Return on Invested Capital (Normalized)
10.49%8.39%9.95%
Return on Assets
ENX
LSEG
ICE

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