Valuation Nasdaq, Inc.

Stocks

Real-time Estimate Cboe BZX 05:52:15 24/09/26 am AEST			5-day change	1st Jan Change
95.51 ^USD	+1.07%		+8.00%	-1.31%

04:05am	Nasdaq, Inc. Presents at Autonomous 2026 Future of Commerce Symposium, Sep-23-2026 01:00 PM
12:37am	Juniper Square And Nasdaq eVestment Launch Capital Intelligence, An AI-Powered Tool For Private Markets IR Teams	CI

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	52,823	-	-
Change	-	-14.18%	11.3%	32.46%	24.81%	-4.76%	-	-
Enterprise Value (EV) ¹	40,526	35,015	43,338	53,108	63,623	60,853	60,087	59,385
Change	-	-13.6%	23.77%	22.54%	19.8%	-4.35%	-1.26%	-1.17%
P/E	29.8x	27.1x	28x	40.1x	31.4x	26.6x	24x	21x
PBR	5.53x	4.91x	3.09x	3.97x	4.53x	4.42x	4.01x	3.58x
PEG	-	-7.08x	-3.52x	-5.56x	0.5x	1.8x	2.3x	1.5x
Capitalization / Revenue	10.3x	8.41x	8.61x	9.49x	10.6x	8.94x	8.25x	7.61x
EV / Revenue	11.8x	9.78x	11.1x	11.3x	12.1x	10.3x	9.39x	8.55x
EV / EBITDA	21.2x	17.8x	19.9x	20.1x	20.8x	17.2x	15.5x	14.1x
EV / EBIT	22.5x	18.8x	21x	21.1x	21.8x	18.1x	16.2x	14.6x
EV / FCF	44.1x	22.5x	28.2x	30.7x	32x	24.3x	22.5x	19.8x
FCF Yield	2.27%	4.44%	3.55%	3.26%	3.13%	4.11%	4.44%	5.04%
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%	1.27%	1.42%	1.6%
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	94.50	94.50	94.50
Nbr of stocks (in thousands)	501,666	491,280	576,965	574,758	570,995	558,977	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NASDAQ, INC.	26.56x	10.29x	17.17x	1.27%	52.82B
INTERCONTINENTAL EXCHANGE, INC.	21.41x	9.43x	14.05x	1.39%	85.85B
HONG KONG EXCHANGES AND CLEARING LIMITED	24.72x	14.77x	18.42x	3.6%	64.04B
DEUTSCHE BÖRSE AG	22.35x	8.38x	13.96x	1.69%	57.74B
LONDON STOCK EXCHANGE GROUP PLC	26.27x	4.93x	9.82x	2.04%	52.44B
SINGAPORE EXCHANGE LIMITED	29.11x	13.63x	21x	2.19%	19.23B
EURONEXT N.V.	21.43x	8.37x	13.11x	2.34%	18.39B
B3 S.A. - BRASIL, BOLSA, BALCÃO	14.48x	8.13x	11.64x	5.97%	18.01B
TMX GROUP LIMITED	24.4x	8.79x	15.24x	1.8%	10.77B
SWISSQUOTE GROUP HOLDING SA	19.32x	-4.87x	-8.34x	1.64%	7.35B
Average	23.01x	8.18x	12.61x	2.39%	38.66B
Weighted average by Cap.	23.57x	9.47x	14.41x	2.19%