EURONEXT N.V. Financials Euronext N.V. OTC Markets
Equities
ERNXY
US29873W1027
Financial & Commodity Market Operators
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.54 USD | -1.42% |
|
-2.43% | +12.56% |
| 05-15 | EURONEXT NV : Q1: Earnings momentum continues, synergies and guidance progress on track |  |
| 05-15 | Transcript : Euronext N.V., Q1 2024 Earnings Call, May 15, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,057 | 6,271 | 9,711 | 7,371 | 8,368 | 9,081 | - | - |
| Enterprise Value (EV) 1 | 5,706 | 6,882 | 11,883 | 9,302 | 9,968 | 10,432 | 10,170 | 9,811 |
| P/E ratio | 22.8 x | 20 x | 21.3 x | 16.9 x | 16.3 x | 15.9 x | 14.8 x | 13.8 x |
| Yield | 2.19% | 2.5% | 2.12% | 3.21% | 3.15% | 3.05% | 3.26% | 3.54% |
| Capitalization / Revenue | 7.45 x | 7.09 x | 7.48 x | 5.2 x | 5.67 x | 5.72 x | 5.47 x | 5.23 x |
| EV / Revenue | 8.4 x | 7.78 x | 9.15 x | 6.56 x | 6.76 x | 6.57 x | 6.12 x | 5.65 x |
| EV / EBITDA | 14.3 x | 13.2 x | 15.8 x | 10.8 x | 11.5 x | 10.9 x | 10.1 x | 9.27 x |
| EV / FCF | 25.1 x | 26.6 x | 25 x | 18 x | 13.8 x | 16.5 x | 13.7 x | 12.6 x |
| FCF Yield | 3.99% | 3.76% | 4.01% | 5.56% | 7.25% | 6.04% | 7.28% | 7.91% |
| Price to Book | 5.51 x | 5.96 x | 2.35 x | 1.83 x | 2.07 x | 2.19 x | 1.97 x | 1.81 x |
| Nbr of stocks (in thousands) | 69,614 | 69,567 | 106,422 | 106,582 | 106,398 | 103,666 | - | - |
| Reference price 2 | 72.65 | 90.15 | 91.25 | 69.16 | 78.65 | 87.60 | 87.60 | 87.60 |
| Announcement Date | 2/12/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 679.1 | 884.3 | 1,299 | 1,419 | 1,475 | 1,589 | 1,661 | 1,735 |
| EBITDA 1 | 399.4 | 520 | 752.8 | 861.6 | 864.7 | 957.5 | 1,005 | 1,058 |
| EBIT 1 | 355.7 | 462.3 | 627.1 | 792.8 | 790.4 | 870.1 | 903.4 | 964.5 |
| Operating Margin | 52.38% | 52.28% | 48.29% | 55.88% | 53.6% | 54.77% | 54.39% | 55.58% |
| Earnings before Tax (EBT) 1 | 325.6 | 442.7 | 580.7 | 614.2 | 699.1 | 790.2 | 846.1 | 901.4 |
| Net income 1 | 222 | 315.5 | 413.3 | 437.8 | 513.6 | 575.8 | 623.9 | 669.7 |
| Net margin | 32.69% | 35.68% | 31.82% | 30.86% | 34.83% | 36.24% | 37.57% | 38.59% |
| EPS 2 | 3.190 | 4.510 | 4.290 | 4.100 | 4.830 | 5.523 | 5.902 | 6.328 |
| Free Cash Flow 1 | 227.7 | 258.8 | 476 | 517 | 723.1 | 630.4 | 740.2 | 776 |
| FCF margin | 33.53% | 29.27% | 36.65% | 36.44% | 49.03% | 39.68% | 44.57% | 44.72% |
| FCF Conversion (EBITDA) | 57.01% | 49.77% | 63.23% | 60% | 83.62% | 65.84% | 73.65% | 73.35% |
| FCF Conversion (Net income) | 102.57% | 82.03% | 115.17% | 118.08% | 140.79% | 109.5% | 118.62% | 115.87% |
| Dividend per Share 2 | 1.590 | 2.250 | 1.930 | 2.220 | 2.480 | 2.672 | 2.858 | 3.098 |
| Announcement Date | 2/12/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2021 S2 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 350.6 | 370.1 | 723.7 | 395.7 | 374.7 | 770.4 | 301.4 | 347 | 372.3 | 368.1 | 360.2 | 374.1 | 401.9 | 399.7 | 383.4 | 395.8 | - |
| EBITDA 1 | 203 | 208.2 | 411.2 | 252.2 | 221.7 | 473.9 | 199.9 | 187.9 | 218.5 | 216.1 | 213.7 | 216.3 | 251.3 | 237.1 | 243.3 | 251.7 | - |
| EBIT 1 | 165.1 | 166.9 | 332 | 233.7 | 206.9 | - | 109.5 | 168.4 | 200.9 | 197.8 | 195.4 | 196.3 | 232.3 | 217.8 | 215.6 | 221.4 | - |
| Operating Margin | 47.09% | 45.1% | 45.88% | 59.06% | 55.22% | - | 36.33% | 48.53% | 53.96% | 53.74% | 54.25% | 52.47% | 57.8% | 54.49% | 56.22% | 55.95% | - |
| Earnings before Tax (EBT) 1 | 167.6 | 151.3 | 318.9 | 199.6 | 167.2 | - | 106.6 | 140.8 | 135.2 | 166.4 | 220.6 | - | 203.3 | - | - | - | - |
| Net income 1 | 115.8 | 112.7 | 228.5 | 143.8 | 118.9 | - | 75.8 | 99.3 | 96.5 | 120 | 166.5 | 130.6 | 139.7 | 148.3 | 165 | 159.6 | - |
| Net margin | 33.03% | 30.45% | 31.57% | 36.34% | 31.73% | - | 25.15% | 28.62% | 25.92% | 32.6% | 46.22% | 34.91% | 34.76% | 37.11% | 43.03% | 40.32% | - |
| EPS 2 | 1.080 | 1.050 | 2.000 | 1.350 | 1.110 | - | 0.7100 | 0.9300 | 0.9000 | 1.120 | 1.560 | 1.250 | 1.340 | 1.354 | 1.441 | 1.415 | - |
| Dividend per Share 2 | - | 1.930 | - | - | - | - | - | 2.220 | - | - | - | 2.480 | - | - | - | 2.707 | - |
| Announcement Date | 11/4/21 | 2/10/22 | 2/10/22 | 5/17/22 | 7/28/22 | 7/28/22 | 11/3/22 | 2/9/23 | 5/16/23 | 7/27/23 | 11/8/23 | 2/15/24 | 5/14/24 | - | - | - | - |
1EUR in Million2EUR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 649 | 610 | 2,172 | 1,931 | 1,600 | 1,351 | 1,089 | 730 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.624 x | 1.173 x | 2.885 x | 2.241 x | 1.85 x | 1.411 x | 1.084 x | 0.69 x |
| Free Cash Flow 1 | 228 | 259 | 476 | 517 | 723 | 630 | 740 | 776 |
| ROE (net income / shareholders' equity) | 31.8% | 31.2% | 17.1% | 11.3% | 13.1% | 14.5% | 14.5% | 14.2% |
| ROA (Net income/ Total Assets) | 13.6% | 13.1% | 0.56% | 0.27% | 0.28% | 0.3% | 0.37% | 0.39% |
| Assets 1 | 1,638 | 2,402 | 74,388 | 160,502 | 183,691 | 191,926 | 168,789 | 173,035 |
| Book Value Per Share 2 | 13.20 | 15.10 | 38.90 | 37.80 | 38.10 | 40.00 | 44.50 | 48.40 |
| Cash Flow per Share 2 | 3.630 | 3.970 | 5.660 | 5.770 | 7.770 | 7.140 | 6.900 | 6.820 |
| Capex 1 | 26.1 | 19.2 | 67.6 | 99.5 | 103 | 62.4 | 80.3 | 84.1 |
| Capex / Sales | 3.84% | 2.17% | 5.21% | 7.01% | 6.98% | 3.93% | 4.84% | 4.84% |
| Announcement Date | 2/12/20 | 2/10/21 | 2/10/22 | 2/9/23 | 2/15/24 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
87.6
EUR
Average target price
97.55
EUR
Spread / Average Target
+11.36%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.59% | 78.52B | |
| +0.82% | 62.67B | |
| +3.66% | 45.97B | |
| +7.41% | 36B | |
| -23.99% | 11.75B | |
| -25.08% | 8.31B | |
| -3.97% | 7.49B | |
| +15.48% | 7.5B | |
| -1.37% | 5.65B |
- Stock Market
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- ENX Stock
- ERNXY Stock
- Financials Euronext N.V.
