ERNXY (Euronext NV) Debt-to-Equity: 0.72 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ERNXY Euronext NV ERNXY
89 GF Score
Price $32.99
GF Value $30.04
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Euronext NV Debt-to-Equity?

Euronext NV ERNXY -1.77% 89 Debt-to-Equity is 0.72 as of Mar. 2026, which is 9% below its 10-year median of 0.79. GuruFocus rates ERNXY with a GF Score™ of 89/100 and a GF Value™ of $30.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 610 Capital Markets companies, Euronext NV ranks worse than 64.59% on this metric.

Euronext NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $499 Mil. Euronext NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,447 Mil. Euronext NV's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $5,467 Mil. Euronext NV's debt to equity for the quarter that ended in Mar. 2026 was 0.72.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Euronext NV's Debt-to-Equity or its related term are showing as below:

ERNXY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.79   Max: 1.46
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of Euronext NV was 1.46. The lowest was 0.13. And the median was 0.79.

ERNXY's Debt-to-Equity is ranked worse than
64.59% of 610 companies
in the Capital Markets industry
Industry Median: 0.305 vs ERNXY: 0.72

Euronext NV  (OTCPK:ERNXY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Euronext NV Debt-to-Equity Related Terms


Euronext NV Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Euronext NV's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Euronext NV Debt-to-Equity Chart

Euronext NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.79 0.79 0.73 0.75

Euronext NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.72 0.70 0.75 0.72

ERNXY vs SPGI, CME, ICE: Debt-to-Equity Comparison

For the Financial Data & Stock Exchanges subindustry, Euronext NV's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Euronext NV Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Euronext NV's Debt-to-Equity falls into.


ERNXY
89GF Score
Euronext NV ERNXY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euronext NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Euronext NV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Euronext NV's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.72 mean?
Euronext NV (ERNXY) has a Debt-to-Equity of 0.72 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Euronext NV and its competitors. This is near median its historical median of 0.79. Over the past decade, Euronext NV's Debt-to-Equity has ranged from 0.13 to 1.46. According to the industry distribution chart, Euronext NV ranks #394 out of 610 companies in the Capital Markets industry, placing it in the top 64.6%.
Is Euronext NV's Debt-to-Equity too high?
Euronext NV's current Debt-to-Equity of 0.72 is near median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 1.46. The Capital Markets industry median Debt-to-Equity is 0.31. Euronext NV's value of 0.72 is 136.1% above this industry median. Based on the distribution chart, Euronext NV ranks #394 out of 610 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Euronext NV has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Euronext NV's Debt-to-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext NV ranks #394 out of 610 companies for Debt-to-Equity. This places Euronext NV in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Euronext NV's value of 0.72 is 136.1% above this benchmark. Historically, Euronext NV's own Debt-to-Equity has ranged from 0.13 to 1.46 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 0.31, Euronext NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Euronext NV's current Debt-to-Equity of 0.72 is 136.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Euronext NV and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euronext NV's current Debt-to-Equity is 0.72, which is near median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euronext NV stock overvalued right now?
Based on GuruFocus' analysis, Euronext NV (ERNXY) is currently considered Fairly Valued. The stock's GF Value™ is $30.04, compared to a current price of $32.99 — trading 9.8% above its estimated fair value. The current Debt-to-Equity is 0.72, which is near median its 10-year median of 0.79 and 136.1% above the Capital Markets industry median of 0.31. Euronext NV's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Euronext NV (ERNXY), the current Debt-to-Equity is 0.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Euronext NV (ERNXY) Overvalued in 2026?

Based on GuruFocus' analysis, Euronext NV stock appears to be overvalued. The current stock price of $32.99 is trading 9.8% above its estimated GF Value™ of $30.04. GuruFocus considers Euronext NV to be Fairly Valued.

Key valuation signals for ERNXY:

  • Debt-to-Equity: 0.72 (near median its 10-year median of 0.79)
  • GF Value™: $30.04 vs. price of $32.99 (9.8% above fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 136.1% above the Capital Markets median (#394 of 610)

No single metric tells the full story. See the ERNXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Euronext NV Business Description

Address Beursplein 5, Amsterdam, NLD, 1012 JW
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.
89GF Score

Get the complete analysis for ERNXY

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.99
Price
$30.04
GF Value