Company Valuation: Nasdaq, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 35,118 30,140 33,545 44,435 55,461 50,973 - -
Change - -14.18% 11.3% 32.46% 24.81% -8.09% - -
Enterprise Value (EV) 1 40,526 35,015 43,338 53,108 63,623 59,003 58,237 57,535
Change - -13.6% 23.77% 22.54% 19.8% -7.26% -1.3% -1.21%
P/E 29.8x 27.1x 28x 40.1x 31.4x 25.6x 23.2x 20.2x
PBR 5.53x 4.91x 3.09x 3.97x 4.53x 4.27x 3.87x 3.45x
PEG - -7.08x -3.52x -5.56x 0.5x 1.7x 2.2x 1.4x
Capitalization / Revenue 10.3x 8.41x 8.61x 9.49x 10.6x 8.62x 7.96x 7.34x
EV / Revenue 11.8x 9.78x 11.1x 11.3x 12.1x 9.98x 9.1x 8.28x
EV / EBITDA 21.2x 17.8x 19.9x 20.1x 20.8x 16.6x 15x 13.6x
EV / EBIT 22.5x 18.8x 21x 21.1x 21.8x 17.5x 15.7x 14.2x
EV / FCF 44.1x 22.5x 28.2x 30.7x 32x 23.6x 21.8x 19.2x
FCF Yield 2.27% 4.44% 3.55% 3.26% 3.13% 4.24% 4.59% 5.21%
Dividend per Share 2 0.7033 0.78 0.86 0.94 1.05 1.202 1.338 1.51
Rate of return 1% 1.27% 1.48% 1.22% 1.08% 1.32% 1.47% 1.66%
EPS 2 2.35 2.26 2.08 1.93 3.09 3.558 3.935 4.503
Distribution rate 29.9% 34.5% 41.3% 48.7% 34% 33.8% 34% 33.5%
Net sales 1 3,420 3,582 3,895 4,683 5,249 5,911 6,400 6,946
EBITDA 1 1,912 1,966 2,182 2,646 3,063 3,545 3,879 4,222
EBIT 1 1,804 1,861 2,065 2,521 2,918 3,366 3,701 4,061
Net income 1 1,187 1,125 1,059 1,117 1,788 2,012 2,164 2,409
Net Debt 1 5,408 4,875 9,793 8,673 8,162 8,030 7,264 6,561
Reference price 2 70.00 61.35 58.14 77.31 97.13 91.19 91.19 91.19
Nbr of stocks (in thousands) 501,666 491,280 576,965 574,758 570,995 558,977 - -
Announcement Date 1/26/22 1/25/23 1/31/24 1/29/25 1/29/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.63x9.98x16.64x1.32% 50.97B
22.03x9.66x14.39x1.35% 88.36B
24.46x14.76x18.22x3.57% 63.27B
22.02x8.28x13.8x1.72% 57.82B
26.54x4.98x9.92x2.02% 53.83B
30.81x14.48x22.29x2.07% 20.5B
21.12x8.33x13.15x2.37% 18.63B
13.36x7.62x10.87x6.54% 16.93B
23.57x8.53x14.79x1.86% 10.55B
19.43x-4.83x-8.26x1.64% 7.44B
Average 22.90x 8.18x 12.58x 2.45% 38.83B
Weighted average by Cap. 23.56x 9.47x 14.38x 2.19%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NDAQ Stock
  4. Valuation Nasdaq, Inc.
40% Discount: Identify Tomorrow's Best Investments With The Best Subscriber-Only Tools!
d
:
:
SEIZE THE OFFER!