Nordex stock
NDX1.DEXETRANordex SE, IndustrialsISIN DE000A0D6554WKN A0D655
63Score 63 out of 100, Neutral
Price and trend
63 / 100
Price history
+50% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 2.5% above it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 77).
The price is 16% below its 52-week high. Largest decline in 20 years: 93% (November 2007 to June 2012).
Chart figures for advanced users
- SMA 50$43.02
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$45.55
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)77
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$27.95
- The lowest closing price of the last twelve months.
- Resistance$55.64
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Nordex SE belongs to the Industrial (Machinery) industry (Germany) and, with a market value of $11.06B, is number 63 of 194 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $8.4B (up 3.5% year on year) and earnings of $305.21M (up 3,004.3%).
- For fiscal 2026, analysts expect on average revenue of $9.76B (up 16.2%) and adjusted earnings per share of $2.45 (up 89.3%).
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- MEQIRI Score 63 out of 100 (Neutral): rank 460 of 1023 in Industrials, median 61.
- The P/E is 22 (Industrial (Machinery) median 24.1, own median of recent years 22.5).
- Our model puts fair value at $61.93, with the price 25% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 201% of earnings over the last 12 months.Fundamentals 59
- More cash than debtCash $2.59B, financial debt $584.85M.Stability 62
Weaknesses
- DilutionShare count up 92% since 2020.Capital allocation 49
- Volatile share priceVolatility 47% a year over the last 12 months.Stability 62
Its standout strengths are momentum and valuation, while capital allocation holds the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 61 to 63.
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk medium
How well MEQIRI warnsIn the middle among smaller stocks.
From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price up very strongly over the past year
Valuation
Valuation signal
Modestly undervaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $44.24 and expensive above $103.22 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $72.71 (cash-flow model) and $51.15 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $56.03, at 6.1% it would be $70.77.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (24.1).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 17.8% on the twelve months before. Revenue has grown strongly since 2006, at around 15% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 13%, operating 7%, net 4%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 24 Feb 2027in 104 days
- Last reported
- 5 Nov 2026EPS reported $0.70 (expected $0.62)above expectations
Analyst estimates
Analysts have raised their 2026 earnings estimate by 7.6% since 15 Oct 2026.
- Earnings per share
- $2.45+7.6%
- Revenue
- $9.76B+0.1%
- Earnings per share
- $2.91+6.2%
- Revenue
- $10.62B+0.2%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +6.3%2026 guidance confirmed: sales growth of 9% to 11% and EBITDA margin of 8% to 11%.
“To reiterate, we expect a top line growth between 9% to 11% year-on-year with an EBITDA margin in the range of 8% to 11% with midpoint plus as the most likely outcome as of today and expect another good year for free cash flow generation.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Jul 2026 (fiscal Q2 2026), read by AI.
What happened at Nordex
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
1023 rated companies in Industrials
- This company
- 63
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Industrial (Machinery)
The next larger and next smaller companies by market value
- Generac HoldingsGNRC $11.44B57
- BELIMO HoldingBEAN.SW $11.37B67
- INNIOINIO $11.33B54
- PentairPNR $11.07B67
- FlowserveFLS $10.8B65
- Shenzhen Han's CNC Technology301200.SZ $10.7B66
- Ebara6361.T $10.34B58
- TrelleborgTREL-B.ST $10.26B69
ETFs that hold Nordex
Held by 56 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Xtrackers MDAX ESG Screened UCITS ETF 1DXDGM | 4.21% | 0.40% | €74.55M |
| Amundi MDAX ESG UCITS ETFC007 | 4.15% | 0.30% | €182.49M |
| iShares TecDAX UCITS ETF (DE)EXIB | 3.91% | 0.51% | €12.44M |
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| Deka MDAX UCITS ETFELF1 | 3.44% | 0.30% | €354.36M |
| First Trust Germany AlphaDEX UCITS ETFFTGG | 3.02% | 0.75% | €7.02M |
| L&G Clean Energy UCITS ETFRENW | 2.00% | 0.49% | €622.43M |
| iShares EURO STOXX Small UCITS ETFIQQS | 1.66% | 0.40% | €405.6M |
| iShares Global Clean Energy Transition UCITS ETFIQQH | 1.52% | 0.65% | €2.49B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = €0.8987)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 2 May 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.