NDAQ Relative Valuation
NDAQ's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NDAQ is overvalued; if below, it's undervalued.
Historical Valuation
Nasdaq Inc (NDAQ) is now in the Fair zone, suggesting that its current forward PE ratio of 23.85 is considered Fairly compared with the five-year average of 22.62. The fair price of Nasdaq Inc (NDAQ) is between 73.74 to 90.35 according to relative valuation methord.
Relative Value
Fair Zone
73.74-90.35
Current Price：88.32
Fair
24.37
PE
1Y
3Y
5Y
Trailing
Forward
18.42
EV/EBITDA
Nasdaq Inc. (NDAQ) has a current EV/EBITDA of 18.42. The 5-year average EV/EBITDA is 17.31. The thresholds are as follows: Strongly Undervalued below 12.95, Undervalued between 12.95 and 15.13, Fairly Valued between 19.49 and 15.13, Overvalued between 19.49 and 21.67, and Strongly Overvalued above 21.67. The current Forward EV/EBITDA of 18.42 falls within the Historic Trend Line -Fairly Valued range.
19.33
EV/EBIT
Nasdaq Inc. (NDAQ) has a current EV/EBIT of 19.33. The 5-year average EV/EBIT is 18.31. The thresholds are as follows: Strongly Undervalued below 13.72, Undervalued between 13.72 and 16.01, Fairly Valued between 20.60 and 16.01, Overvalued between 20.60 and 22.89, and Strongly Overvalued above 22.89. The current Forward EV/EBIT of 19.33 falls within the Historic Trend Line -Fairly Valued range.
9.14
PS
Nasdaq Inc. (NDAQ) has a current PS of 9.14. The 5-year average PS is 8.07. The thresholds are as follows: Strongly Undervalued below 5.82, Undervalued between 5.82 and 6.94, Fairly Valued between 9.19 and 6.94, Overvalued between 9.19 and 10.31, and Strongly Overvalued above 10.31. The current Forward PS of 9.14 falls within the Historic Trend Line -Fairly Valued range.
20.24
P/OCF
Nasdaq Inc. (NDAQ) has a current P/OCF of 20.24. The 5-year average P/OCF is 18.86. The thresholds are as follows: Strongly Undervalued below 13.73, Undervalued between 13.73 and 16.29, Fairly Valued between 21.42 and 16.29, Overvalued between 21.42 and 23.99, and Strongly Overvalued above 23.99. The current Forward P/OCF of 20.24 falls within the Historic Trend Line -Fairly Valued range.
26.56
P/FCF
Nasdaq Inc. (NDAQ) has a current P/FCF of 26.56. The 5-year average P/FCF is 21.44. The thresholds are as follows: Strongly Undervalued below 15.43, Undervalued between 15.43 and 18.44, Fairly Valued between 24.45 and 18.44, Overvalued between 24.45 and 27.46, and Strongly Overvalued above 27.46. The current Forward P/FCF of 26.56 falls within the Overvalued range.
Nasdaq Inc (NDAQ) has a current Price-to-Book (P/B) ratio of 4.21. Compared to its 3-year average P/B ratio of 3.99 , the current P/B ratio is approximately 5.39% higher. Relative to its 5-year average P/B ratio of 4.24, the current P/B ratio is about -0.66% higher. Nasdaq Inc (NDAQ) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 4.51%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 4.23% , the current FCF yield is about -100.00% lower.
4.30
P/B
Median3y
3.99
Median5y
4.24
4.16
FCF Yield
Median3y
4.51
Median5y
4.23
Competitors Valuation Multiple
The average P/S ratio for NDAQ's competitors is 1.89, providing a benchmark for relative valuation. Nasdaq Inc Corp (NDAQ) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of 2.94%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of NDAQ increased by 16.79% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 16.04 to 21.60.
The secondary factor is the Revenue Growth, contributed 2.94%to the performance.
Overall, the performance of NDAQ in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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FAQ
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