Valuation Nasdaq, Inc.

Stocks

Market Closed - Nasdaq Other stock markets 04:00:00 11/07/2026 HKT			5-day change	1st Jan Change
88.08 ^USD	+0.64%		+4.04%	-9.32%

07-11	Nasdaq Sees SK Hynix IPO Driving More Foreign Listings	MT
07-10	Irrational Exuberance?

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	49,813	-	-
Change	-	-14.18%	11.3%	32.46%	24.81%	-10.18%	-	-
Enterprise Value (EV) ¹	40,526	35,015	43,338	53,108	63,623	57,926	57,182	56,333
Change	-	-13.6%	23.77%	22.54%	19.8%	-8.95%	-1.28%	-1.49%
P/E	29.8x	27.1x	28x	40.1x	31.4x	25.8x	23.2x	20.4x
PBR	5.53x	4.91x	3.09x	3.97x	4.53x	4.06x	3.82x	3.53x
PEG	-	-7.08x	-3.52x	-5.56x	0.5x	2.5x	2.1x	1.4x
Capitalization / Revenue	10.3x	8.41x	8.61x	9.49x	10.6x	8.58x	7.91x	7.3x
EV / Revenue	11.8x	9.78x	11.1x	11.3x	12.1x	9.98x	9.08x	8.25x
EV / EBITDA	21.2x	17.8x	19.9x	20.1x	20.8x	16.9x	15.3x	13.8x
EV / EBIT	22.5x	18.8x	21x	21.1x	21.8x	17.7x	15.9x	14.3x
EV / FCF	44.1x	22.5x	28.2x	30.7x	32x	22.5x	21.7x	19.2x
FCF Yield	2.27%	4.44%	3.55%	3.26%	3.13%	4.45%	4.6%	5.21%
Dividend per Share ²	0.7033	0.78	0.86	0.94	1.05	1.185	1.334	1.501
Rate of return	1%	1.27%	1.48%	1.22%	1.08%	1.35%	1.52%	1.7%
EPS ²	2.35	2.26	2.08	1.93	3.09	3.414	3.79	4.325
Distribution rate	29.9%	34.5%	41.3%	48.7%	34%	34.7%	35.2%	34.7%
Net sales ¹	3,420	3,582	3,895	4,683	5,249	5,805	6,301	6,824
EBITDA ¹	1,912	1,966	2,182	2,646	3,063	3,419	3,736	4,072
EBIT ¹	1,804	1,861	2,065	2,521	2,918	3,277	3,595	3,943
Net income ¹	1,187	1,125	1,059	1,117	1,788	1,938	2,114	2,357
Net Debt ¹	5,408	4,875	9,793	8,673	8,162	8,114	7,370	6,520
Reference price ²	70.00	61.35	58.14	77.31	97.13	88.08	88.08	88.08
Nbr of stocks (in thousands)	501,666	491,280	576,965	574,758	570,995	565,541	-	-
Announcement Date	26/1/22	25/1/23	31/1/24	29/1/25	29/1/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NASDAQ, INC.	25.8x	9.98x	16.94x	1.35%	49.81B
INTERCONTINENTAL EXCHANGE, INC.	19.07x	8.65x	12.85x	1.56%	76.62B
HONG KONG EXCHANGES AND CLEARING LIMITED	25.35x	14.72x	18.69x	3.53%	62.07B
LONDON STOCK EXCHANGE GROUP PLC	33.61x	5.29x	10.56x	1.87%	58.21B
DEUTSCHE BÖRSE AG	20.23x	7.65x	12.8x	1.86%	51.84B
SINGAPORE EXCHANGE LIMITED	35.57x	16.71x	26.23x	1.86%	20.07B
EURONEXT N.V.	20.59x	8.02x	12.85x	2.42%	17.16B
B3 S.A. - BRASIL, BOLSA, BALCÃO	13.14x	6.7x	9.53x	7.54%	15.12B
TMX GROUP LIMITED	21.67x	7.96x	13.85x	1.99%	9.44B
SWISSQUOTE GROUP HOLDING SA	18.64x	-4.54x	-7.81x	1.64%	7.76B
Average	23.37x	8.11x	12.65x	2.56%	36.81B
Weighted average by Cap.	24.28x	9.22x	14.20x	2.27%