NORDEX SE (NDX1.DE) Stock Fundamental Analysis
FRA:NDX1 - Deutsche Boerse Ag - DE000A0D6554 - Common Stock - Currency: EUR
Taking everything into account, NDX1 scores 3 out of 10 in our fundamental rating. NDX1 was compared to 51 industry peers in the Electrical Equipment industry. Both the profitability and financial health of NDX1 have multiple concerns. NDX1 has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year NDX1 was profitable.
NDX1 had a positive operating cash flow in the past year.
In the past 5 years NDX1 reported 4 times negative net income.
In multiple years NDX1 reported negative operating cash flow during the last 5 years.
1.2 Ratios
NDX1 has a Return On Assets of 0.16%. This is comparable to the rest of the industry: NDX1 outperforms 50.98% of its industry peers.
NDX1 has a Return On Equity (0.89%) which is in line with its industry peers.
NDX1 has a Return On Invested Capital of 3.21%. This is comparable to the rest of the industry: NDX1 outperforms 54.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.16% | ||
| ROE | 0.89% | ||
| ROIC | 3.21% |
ROA(3y)-5.3%
ROA(5y)-4.89%
ROE(3y)-28.94%
ROE(5y)-25.05%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
NDX1 has a Profit Margin (0.12%) which is in line with its industry peers.
NDX1 has a Operating Margin (2.18%) which is in line with its industry peers.
In the last couple of years the Operating Margin of NDX1 has grown nicely.
NDX1 has a Gross Margin of 11.07%. This is amonst the worse of the industry: NDX1 underperforms 88.24% of its industry peers.
In the last couple of years the Gross Margin of NDX1 has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.18% | ||
| PM (TTM) | 0.12% | ||
| GM | 11.07% |
OM growth 3YN/A
OM growth 5Y57.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.47%
GM growth 5Y-2.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NDX1 is destroying value.
Compared to 1 year ago, NDX1 has about the same amount of shares outstanding.
NDX1 has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NDX1 is higher compared to a year ago.
2.2 Solvency
NDX1 has an Altman-Z score of 1.81. This is a bad value and indicates that NDX1 is not financially healthy and even has some risk of bankruptcy.
NDX1 has a better Altman-Z score (1.81) than 60.78% of its industry peers.
NDX1 has a debt to FCF ratio of 1.88. This is a very positive value and a sign of high solvency as it would only need 1.88 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 1.88, NDX1 belongs to the best of the industry, outperforming 86.27% of the companies in the same industry.
A Debt/Equity ratio of 0.42 indicates that NDX1 is not too dependend on debt financing.
NDX1 has a Debt to Equity ratio (0.42) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.88 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.44
WACC7.23%
2.3 Liquidity
A Current Ratio of 1.00 indicates that NDX1 may have some problems paying its short term obligations.
The Current ratio of NDX1 (1.00) is worse than 80.39% of its industry peers.
A Quick Ratio of 0.75 indicates that NDX1 may have some problems paying its short term obligations.
NDX1 has a worse Quick ratio (0.75) than 70.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 103.01% over the past year.
The Revenue has grown by 12.48% in the past year. This is quite good.
Measured over the past years, NDX1 shows a quite strong growth in Revenue. The Revenue has been growing by 17.32% on average per year.
EPS 1Y (TTM)103.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-42.86%
Revenue 1Y (TTM)12.48%
Revenue growth 3Y10.27%
Revenue growth 5Y17.32%
Sales Q2Q%-10.9%
3.2 Future
The Earnings Per Share is expected to grow by 150.66% on average over the next years. This is a very strong growth
NDX1 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.21% yearly.
EPS Next Y1497.78%
EPS Next 2Y388.39%
EPS Next 3Y207.42%
EPS Next 5Y150.66%
Revenue Next Year4.42%
Revenue Next 2Y5.43%
Revenue Next 3Y5.83%
Revenue Next 5Y2.21%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NDX1 is valuated quite expensively with a Price/Earnings ratio of 388.50.
Compared to the rest of the industry, the Price/Earnings ratio of NDX1 is on the same level as its industry peers.
NDX1 is valuated expensively when we compare the Price/Earnings ratio to 29.07, which is the current average of the S&P500 Index.
NDX1 is valuated rather expensively with a Price/Forward Earnings ratio of 24.32.
NDX1's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of NDX1 to the average of the S&P500 Index (22.05), we can say NDX1 is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 388.5 | ||
| Fwd PE | 24.32 |
4.2 Price Multiples
NDX1's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NDX1 is cheaper than 70.59% of the companies in the same industry.
72.55% of the companies in the same industry are more expensive than NDX1, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.84 | ||
| EV/EBITDA | 8.47 |
4.3 Compensation for Growth
NDX1's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NDX1's earnings are expected to grow with 207.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y388.39%
EPS Next 3Y207.42%
5. Dividend
5.1 Amount
NDX1 does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FRA:NDX1 (3/26/2025, 5:29:50 PM)
15.54
+0.27 (+1.77%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners36.05%
Inst Owner ChangeN/A
Ins Owners2.96%
Ins Owner ChangeN/A
Market Cap3.67B
Analysts86
Price Target17.33 (11.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.68%
Min EPS beat(2)-86.48%
Max EPS beat(2)65.12%
EPS beat(4)3
Avg EPS beat(4)41.89%
Min EPS beat(4)-86.48%
Max EPS beat(4)110.32%
EPS beat(8)4
Avg EPS beat(8)-4.43%
EPS beat(12)5
Avg EPS beat(12)-8.12%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-15.14%
Min Revenue beat(2)-15.62%
Max Revenue beat(2)-14.66%
Revenue beat(4)2
Avg Revenue beat(4)-3.58%
Min Revenue beat(4)-15.62%
Max Revenue beat(4)9.08%
Revenue beat(8)6
Avg Revenue beat(8)6.26%
Revenue beat(12)8
Avg Revenue beat(12)2.41%
Revenue beat(16)11
Avg Revenue beat(16)4.89%
PT rev (1m)0.42%
PT rev (3m)-4.19%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-20.06%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.98%
Revenue NY rev (3m)-2.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 388.5 | ||
| Fwd PE | 24.32 | ||
| P/S | 0.5 | ||
| P/FCF | 13.84 | ||
| P/OCF | 8.55 | ||
| P/B | 3.71 | ||
| P/tB | 15.19 | ||
| EV/EBITDA | 8.47 |
EPS(TTM)0.04
EY0.26%
EPS(NY)0.64
Fwd EY4.11%
FCF(TTM)1.12
FCFY7.23%
OCF(TTM)1.82
OCFY11.7%
SpS30.87
BVpS4.19
TBVpS1.02
PEG (NY)0.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.16% | ||
| ROE | 0.89% | ||
| ROCE | 7.86% | ||
| ROIC | 3.21% | ||
| ROICexc | 7.81% | ||
| ROICexgc | 79.17% | ||
| OM | 2.18% | ||
| PM (TTM) | 0.12% | ||
| GM | 11.07% | ||
| FCFM | 3.64% |
ROA(3y)-5.3%
ROA(5y)-4.89%
ROE(3y)-28.94%
ROE(5y)-25.05%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y149.59%
ROICexc growth 3YN/A
ROICexc growth 5Y97.25%
OM growth 3YN/A
OM growth 5Y57.84%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.47%
GM growth 5Y-2.61%
F-Score7
Asset Turnover1.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.42 | ||
| Debt/FCF | 1.88 | ||
| Debt/EBITDA | 1.24 | ||
| Cap/Depr | 90.71% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | 1.56 | ||
| Cash Conversion | 126.44% | ||
| Profit Quality | 3005.47% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.81 |
F-Score7
WACC7.23%
ROIC/WACC0.44
Cap/Depr(3y)91.26%
Cap/Depr(5y)96.94%
Cap/Sales(3y)2.63%
Cap/Sales(5y)2.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)103.01%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-42.86%
EPS Next Y1497.78%
EPS Next 2Y388.39%
EPS Next 3Y207.42%
EPS Next 5Y150.66%
Revenue 1Y (TTM)12.48%
Revenue growth 3Y10.27%
Revenue growth 5Y17.32%
Sales Q2Q%-10.9%
Revenue Next Year4.42%
Revenue Next 2Y5.43%
Revenue Next 3Y5.83%
Revenue Next 5Y2.21%
EBIT growth 1Y377.56%
EBIT growth 3YN/A
EBIT growth 5Y85.18%
EBIT Next Year412.36%
EBIT Next 3Y89.2%
EBIT Next 5Y45.2%
FCF growth 1Y837.82%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y166.6%
OCF growth 3Y49.91%
OCF growth 5Y62.45%