Nasdaq, Inc.

LSE:0K4T Stock Report

Market Cap: US$45.1b

Nasdaq Valuation

Is 0K4T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0K4T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0K4T ($78.32) is trading above our estimate of fair value ($60.83)

Significantly Below Fair Value: 0K4T is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0K4T?

Key metric: As 0K4T is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0K4T. This is calculated by dividing 0K4T's market cap by their current earnings.
What is 0K4T's PE Ratio?
PE Ratio47x
EarningsUS$959.00m
Market CapUS$45.07b

Price to Earnings Ratio vs Peers

How does 0K4T's PE Ratio compare to its peers?

The above table shows the PE ratio for 0K4T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.4x
LSEG London Stock Exchange Group
88.4x22.2%UK£60.2b
IHP IntegraFin Holdings
22.1x10.1%UK£1.2b
III 3i Group
8.2x16.4%UK£34.7b
ICG Intermediate Capital Group
15x11.8%UK£6.0b
0K4T Nasdaq
47x17.6%US$45.1b

Price-To-Earnings vs Peers: 0K4T is expensive based on its Price-To-Earnings Ratio (47x) compared to the peer average (33.4x).

Price to Earnings Ratio vs Industry

How does 0K4T's PE Ratio compare vs other companies in the GB Capital Markets Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
1.3xn/aUS$36.01m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
APQ APQ Global
0.5xn/aUS$6.42m
MAFL Mineral & Financial Investments
2.4xn/aUS$6.06m
No more companies available in this PE range
0K4T 47.0xIndustry Avg. 11.7xNo. of Companies15PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0K4T is expensive based on its Price-To-Earnings Ratio (47x) compared to the UK Capital Markets industry average (11.7x).

Price to Earnings Ratio vs Fair Ratio

What is 0K4T's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0K4T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio47x
Fair PE Ratio25.5x

Price-To-Earnings vs Fair Ratio: 0K4T is expensive based on its Price-To-Earnings Ratio (47x) compared to the estimated Fair Price-To-Earnings Ratio (25.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0K4T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$78.32
US$84.17
+7.5%
11.1%US$102.00US$64.00n/a18
Dec ’25US$82.99
US$82.33
-0.8%
9.3%US$95.00US$64.00n/a18
Nov ’25US$74.71
US$81.72
+9.4%
8.7%US$93.00US$64.00n/a18
Oct ’25US$73.02
US$77.59
+6.3%
8.9%US$90.00US$64.00n/a17
Sep ’25US$71.49
US$72.14
+0.9%
11.1%US$85.00US$53.00n/a14
Aug ’25US$67.32
US$70.71
+5.0%
12.3%US$85.00US$53.00n/a14
Jul ’25US$59.64
US$66.53
+11.6%
11.5%US$80.00US$50.00n/a15
Jun ’25US$58.69
US$66.60
+13.5%
11.6%US$80.00US$50.00n/a15
May ’25US$59.95
US$67.40
+12.4%
11.9%US$80.00US$50.00n/a15
Apr ’25US$62.97
US$64.00
+1.6%
12.1%US$82.00US$54.00n/a15
Mar ’25US$56.62
US$62.13
+9.7%
12.2%US$82.00US$54.00n/a16
Feb ’25US$57.11
US$61.75
+8.1%
12.4%US$82.00US$54.00n/a16
Jan ’25US$57.96
US$59.56
+2.8%
13.3%US$82.00US$50.00n/a16
Dec ’24US$56.14
US$59.38
+5.8%
13.2%US$82.00US$50.00US$82.9916
Nov ’24US$48.80
US$59.57
+22.1%
14.0%US$82.00US$50.00US$74.7114
Oct ’24US$48.44
US$59.43
+22.7%
14.2%US$82.00US$50.00US$73.0214
Sep ’24US$52.00
US$59.85
+15.1%
14.4%US$82.00US$50.00US$71.4913
Aug ’24US$50.18
US$59.77
+19.1%
14.5%US$82.00US$50.00US$67.3213
Jul ’24US$49.95
US$61.33
+22.8%
13.9%US$82.00US$51.00US$59.6412
Jun ’24US$55.00
US$62.07
+12.9%
11.6%US$82.00US$53.00US$58.6914
May ’24US$55.17
US$62.00
+12.4%
11.7%US$82.00US$53.00US$59.9514
Apr ’24US$54.16
US$63.20
+16.7%
11.9%US$82.00US$50.00US$62.9715
Mar ’24US$55.67
US$63.27
+13.6%
11.7%US$82.00US$50.00US$56.6215
Feb ’24US$59.33
US$63.13
+6.4%
11.8%US$82.00US$50.00US$57.1115
Jan ’24US$60.86
US$66.02
+8.5%
12.2%US$84.00US$55.00US$57.9615
Dec ’23US$68.50
US$65.76
-4.0%
11.9%US$84.00US$55.00US$56.1415

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 21:18
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nasdaq, Inc. is covered by 43 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin HealArgus Research Company
Roger FreemanBarclays
Benjamin BudishBarclays