🌐 Stock exchange battle: Deutsche Börse, ICE, Euronext, NASDAQ - who dominates trading? 📊 Part 1:https://getqu.in/7mcYEJ/

When it comes to stock-based compensation, US companies naturally rank higher than their European counterparts, with $ICE (+0,2 %) is by far the leader.

All of the aforementioned exchanges occasionally buy back their own shares, with ICE practicing this most regularly.

In terms of net debt, no company is negative, but all have different debt levels, which vary in relative terms.

Looking at the ratios, the European stock exchanges perform better than the American companies.

In terms of valuation, the European stock markets are also more favorable, which was not always the case. There is therefore hope for a recovery in certain cases.

The shareholder yield is best for $ENX (-0,48 %) the best, while it is even negative for American companies.

The payout ratio is currently acceptable for all companies, although $NDAQ (-0,2 %) is slightly higher at just over 50 %.

In terms of ROIC (Return on Invested Capital), none of the stock exchange operators really stand out, although Nasdaq performs best here.

In terms of ROE (return on equity), the$DB1 (-1,27 %) stock exchange has been the best in recent years and shows a steady performance. All companies except ICE are also above 10%.

In terms of ROCE (return on capital employed), the European stock exchanges perform best and are just above 10 %, while the American companies are unfortunately below this level.

Conclusion

Stock market shares are always interesting as they benefit disproportionately from good stock market years due to their relatively fixed costs. In addition, these companies are increasingly developing into data managers, which promises further growth and efficiency gains. There is still plenty of potential for consolidation and growth, particularly on the European stock exchanges, mainly due to the dynamic market activities.

Looking at capital efficiency, Euronext and Deutsche Börse stand out, either as top performers or as only slightly inferior alternatives. Therefore, they are my preferred candidates if I had to make a decision. Despite everything, all the stocks mentioned have performed impressively, which is why I hold all but ICE and regularly buy more. If you are active on the stock market and want to participate, you can hardly go wrong with these stocks. My three stocks in particular offer excellent diversification, as each of the exchanges has its own advantages and disadvantages. It should be particularly emphasized that the Nasdaq also includes Scandinavian stock exchange operators, which also contributes to diversification and offers interesting growth opportunities.

If you look at historical performance, Euronext would be the clear outperformer and therefore the best choice over the last 10 years.