Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe and Ireland.
Reasonable growth potential with acceptable track record.
Share Price & News
How has Euronext's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENX has not had significant price volatility in the past 3 months.
7 Day Return
FR Capital Markets
1 Year Return
FR Capital Markets
Return vs Industry: ENX exceeded the French Capital Markets industry which returned 7% over the past year.
Return vs Market: ENX exceeded the French Market which returned 17.2% over the past year.
Price Volatility Vs. Market
How volatile is Euronext's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StShould You Be Tempted To Sell Euronext N.V. (EPA:ENX) Because Of Its P/E Ratio?
3 weeks ago | Simply Wall StAre You An Income Investor? Don't Miss Out On Euronext N.V. (EPA:ENX)
1 month ago | Simply Wall StCan We See Significant Institutional Ownership On The Euronext N.V. (EPA:ENX) Share Register?
Is Euronext undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ENX (€80.95) is trading below our estimate of fair value (€97.21)
Significantly Below Fair Value: ENX is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ENX is poor value based on its PE Ratio (25.4x) compared to the Capital Markets industry average (25.4x).
PE vs Market: ENX is poor value based on its PE Ratio (25.4x) compared to the French market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: ENX is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: ENX is overvalued based on its PB Ratio (6.1x) compared to the FR Capital Markets industry average (1.4x).
How is Euronext forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENX's forecast earnings growth (16.4% per year) is above the savings rate (-0.1%).
Earnings vs Market: ENX's earnings (16.4% per year) are forecast to grow faster than the French market (13.4% per year).
High Growth Earnings: ENX's earnings are forecast to grow, but not significantly.
Revenue vs Market: ENX's revenue (8.6% per year) is forecast to grow faster than the French market (4.5% per year).
High Growth Revenue: ENX's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENX's Return on Equity is forecast to be high in 3 years time (24.6%)
How has Euronext performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENX has high quality earnings.
Growing Profit Margin: ENX's current net profit margins (32.7%) are lower than last year (35.1%).
Past Earnings Growth Analysis
Earnings Trend: ENX's earnings have grown by 9.7% per year over the past 5 years.
Accelerating Growth: ENX's earnings growth over the past year (2.8%) is below its 5-year average (9.7% per year).
Earnings vs Industry: ENX earnings growth over the past year (2.8%) exceeded the Capital Markets industry -1.4%.
Return on Equity
High ROE: Whilst ENX's Return on Equity (24.13%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is Euronext's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ENX has a low level of unsold assets or inventory.
Debt Coverage by Assets: ENX's debt is not covered by short term assets (assets are 0.5x debt).
Financial Institutions Analysis
Asset Level: ENX's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if ENX has a sufficient allowance for bad loans.
Low Risk Liabilities: ENX reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ENX has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ENX has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ENX has an appropriate level of bad loans.
What is Euronext's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ENX's dividend (1.96%) is higher than the bottom 25% of dividend payers in the French market (1.53%).
High Dividend: ENX's dividend (1.96%) is low compared to the top 25% of dividend payers in the French market (4.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ENX has been paying a dividend for less than 10 years.
Growing Dividend: ENX's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.9%), ENX's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ENX's dividends in 3 years are forecast to be well covered by earnings (47.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Stéphane Boujnah (54yo)
Mr. Stéphane Boujnah has been the Chairman of Managing Board and Chief Executive Officer of Euronext N.V. since November 04, 2015. Mr. Boujnah serves as Non-Executive Chairman of Irish Stock Exchange Plc. ...
CEO Compensation Analysis
Compensation vs Market: Stéphane's total compensation ($USD2.52M) is about average for companies of similar size in the French market ($USD2.64M).
Compensation vs Earnings: Stéphane's compensation has increased by more than 20% in the past year.
|Chairman of the Managing Board & CEO||4.3yrs||€2.32m||0.018% €1.0m|
|Global Head of Listing and Post Trade||5.9yrs||€980.00k||0.049% €2.8m|
|Member of Managing Board & CEO of Euronext Brussels||5.9yrs||€683.00k||0.0098% €550.6k|
|Head of Market Ops. & Client Centricity||4.8yrs||€817.00k||0.013% €724.1k|
|CEO of Euronext London||1.3yrs||€795.97k||0.040% €2.2m|
|CEO of Euronext Dublin||1.3yrs||€422.31k||0.0021% €116.1k|
|Chief Financial Officer||3.8yrs||no data||no data|
|Member of Managing Board||1.1yrs||no data||0.013% €720.2k|
|Chief Information & Technology Officer||2.7yrs||no data||no data|
|Head of Investor Relations||2.4yrs||no data||no data|
Experienced Management: ENX's management team is considered experienced (3.2 years average tenure).
|Independent Member of Supervisory Board||7.2yrs||no data||no data|
|Independent Member of Supervisory Board||4.6yrs||no data||no data|
|Member of the Supervisory Board||1.7yrs||no data||no data|
|Independent Chairman of the Supervisory Board||1.8yrs||no data||no data|
|Independent Member of Supervisory Board||0.3yrs||no data||0.00072% €40.6k|
|Supervisory Board Member||2.3yrs||no data||no data|
|Non-Independent Member of Supervisory Board||5.2yrs||no data||no data|
|Independent Member of Supervisory Board||0.3yrs||no data||no data|
|Independent Member of Supervisory Board||3.6yrs||no data||no data|
|Member of the Supervisory Board||1.7yrs||no data||no data|
Experienced Board: ENX's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Euronext N.V.'s company bio, employee growth, exchange listings and data sources
- Name: Euronext N.V.
- Ticker: ENX
- Exchange: ENXTPA
- Founded: 2000
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: €5.635b
- Shares outstanding: 69.61m
- Website: https://www.euronext.com
Number of Employees
- Euronext N.V.
- Beursplein 5
- 1012 JW
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ENX||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jun 2014|
|ENXB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jun 2014|
|ENXP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jun 2014|
|0QVJ||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jun 2014|
|EUXT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2014|
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe and Ireland. 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, debts, funds, and exchange traded funds listing services; and investors, foreign exchange trading, and advanced data services. Additionally, the company offers technology solutions and services to exchanges and venue operators; software support and maintenance services for the legacy trading platforms; software licensing services; trading software in the form of managed services; network connectivity and server colocation services to market participants; information technology hosting services to third-party market operators; connection services; and other services. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 22:14|
|End of Day Share Price||2020/02/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.