Company Valuation: Nasdaq, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 21,774 35,118 30,140 33,545 44,435 49,765 - -
Change - 61.28% -14.18% 11.3% 32.46% 12% - -
Enterprise Value (EV) 1 24,570 40,526 35,015 43,338 53,108 57,662 56,673 56,284
Change - 64.94% -13.6% 23.77% 22.54% 8.58% -1.72% -0.69%
P/E ratio 23.7x 29.8x 27.1x 28x 40.1x 34.2x 30.1x 26.5x
PBR 3.45x 5.53x 4.91x 3.09x 3.97x 4.09x 3.82x 3.62x
PEG - 1.1x -7.08x -3.52x -5.56x 1.1x 2.2x 1.9x
Capitalization / Revenue 7.5x 10.3x 8.41x 8.61x 9.56x 9.86x 9.23x 8.61x
EV / Revenue 8.46x 11.8x 9.78x 11.1x 11.4x 11.4x 10.5x 9.74x
EV / EBITDA 15.5x 21.2x 17.8x 19.9x 20.1x 20.1x 18.3x 16.8x
EV / EBIT 16.5x 22.5x 18.8x 21x 21.1x 20.9x 19x 17.4x
EV / FCF 23.1x 44.1x 22.5x 28.2x 30.7x 27.3x 27.4x 24.4x
FCF Yield 4.33% 2.27% 4.44% 3.55% 3.26% 3.66% 3.65% 4.1%
Dividend per Share 2 0.6467 0.7033 0.78 0.86 0.94 1.044 1.158 1.277
Rate of return 1.46% 1% 1.27% 1.48% 1.22% 1.2% 1.34% 1.47%
EPS 2 1.863 2.35 2.26 2.08 1.93 2.534 2.878 3.274
Distribution rate 34.7% 29.9% 34.5% 41.3% 48.7% 41.2% 40.2% 39%
Net sales 1 2,903 3,420 3,582 3,895 4,649 5,045 5,390 5,781
EBITDA 1 1,588 1,912 1,966 2,182 2,646 2,875 3,099 3,356
EBIT 1 1,489 1,804 1,861 2,065 2,521 2,763 2,982 3,234
Net income 1 933 1,187 1,125 1,059 1,117 1,458 1,638 1,822
Net Debt 1 2,796 5,408 4,875 9,793 8,673 7,897 6,908 6,519
Reference price 2 44.25 70.00 61.35 58.14 77.31 86.68 86.68 86.68
Nbr of stocks (in thousands) 492,113 501,666 491,280 576,965 574,758 574,122 - -
Announcement Date 1/27/21 1/26/22 1/25/23 1/31/24 1/29/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
34.32x11.44x20.08x1.2% 49.76B
33.36x12.11x18.32x1.07% 103B
55.68x6.92x14.37x1.27% 79.51B
35.48x15.03x20.53x2.49% 67.56B
24.8x8.92x15.23x1.57% 58.25B
22.46x8.91x14.42x2.23% 17.03B
14.24x6.65x9.53x6.75% 12.74B
23.78x10.23x16.89x2.61% 11.76B
33.05x10.31x18.56x1.42% 11.63B
21.15x-1.95x-3.24x1.41% 7.98B
Average 29.83x 8.86x 14.47x 2.2% 41.94B
Weighted average by Cap. 35.32x 10.41x 16.84x 1.7%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Equities
  3. NDAQ Stock
  4. Valuation Nasdaq, Inc.