Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. More Details
Proven track record with adequate balance sheet.
Share Price & News
How has Nasdaq's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NDAQ is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NDAQ's weekly volatility (3%) has been stable over the past year.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: NDAQ underperformed the US Capital Markets industry which returned 29% over the past year.
Return vs Market: NDAQ underperformed the US Market which returned 34.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nasdaq's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In Nasdaq, Inc. (NASDAQ:NDAQ)
3 weeks ago | Simply Wall StDid You Participate In Any Of Nasdaq's (NASDAQ:NDAQ) Fantastic 152% Return ?
2 months ago | Simply Wall StShould You Be Adding Nasdaq (NASDAQ:NDAQ) To Your Watchlist Today?
Is Nasdaq undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NDAQ ($140.34) is trading above our estimate of fair value ($120.09)
Significantly Below Fair Value: NDAQ is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NDAQ is poor value based on its PE Ratio (24.7x) compared to the US Capital Markets industry average (23.8x).
PE vs Market: NDAQ is poor value based on its PE Ratio (24.7x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: NDAQ is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: NDAQ is good value based on its PB Ratio (3.6x) compared to the US Capital Markets industry average (10.6x).
How is Nasdaq forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NDAQ's forecast earnings growth (8.3% per year) is above the savings rate (2%).
Earnings vs Market: NDAQ's earnings (8.3% per year) are forecast to grow slower than the US market (20.4% per year).
High Growth Earnings: NDAQ's earnings are forecast to grow, but not significantly.
Revenue vs Market: NDAQ's revenue is expected to decline over the next 3 years (-16.1% per year).
High Growth Revenue: NDAQ's revenue is forecast to decline over the next 3 years (-16.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NDAQ's Return on Equity is forecast to be high in 3 years time (21.6%)
How has Nasdaq performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NDAQ has high quality earnings.
Growing Profit Margin: NDAQ's current net profit margins (16.6%) are lower than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: NDAQ's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: NDAQ's earnings growth over the past year (20.6%) exceeds its 5-year average (18.4% per year).
Earnings vs Industry: NDAQ earnings growth over the past year (20.6%) exceeded the Capital Markets industry 7.6%.
Return on Equity
High ROE: NDAQ's Return on Equity (14.5%) is considered low.
How is Nasdaq's financial position?
Financial Position Analysis
Short Term Liabilities: NDAQ's short term assets ($7.7B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: NDAQ's short term assets ($7.7B) exceed its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: NDAQ's debt to equity ratio (85.4%) is considered high.
Reducing Debt: NDAQ's debt to equity ratio has increased from 42.2% to 85.4% over the past 5 years.
Debt Coverage: NDAQ's debt is well covered by operating cash flow (21%).
Interest Coverage: NDAQ's interest payments on its debt are well covered by EBIT (13.9x coverage).
What is Nasdaq current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: NDAQ's dividend (1.4%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: NDAQ's dividend (1.4%) is low compared to the top 25% of dividend payers in the US market (3.75%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NDAQ has been paying a dividend for less than 10 years.
Growing Dividend: NDAQ's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.2%), NDAQ's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NDAQ's dividends in 3 years are forecast to be well covered by earnings (29.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adena Friedman (50 yo)
Ms. Adena T. Friedman has been the President, Chief Executive Officer and Director of Nasdaq, Inc. since December 2015, December 31, 2016 and January 1, 2017 respectively. She serves as Director at FCLT Gl...
CEO Compensation Analysis
Compensation vs Market: Adena's total compensation ($USD13.87M) is above average for companies of similar size in the US market ($USD10.54M).
Compensation vs Earnings: Adena's compensation has been consistent with company performance over the past year.
|Executive VP of Corporate Strategy & CFO||4.58yrs||US$3.93m||0.019% |
|Executive VP||no data||US$3.81m||0.011% |
|President of Nasdaq Stock Exchange & Executive VP of Corporate Platforms||2.83yrs||US$3.34m||0.012% |
|Executive Vice President of Investment Intelligence||1.67yrs||US$8.44m||0.0059% |
|Senior VP||4.83yrs||no data||0.0072% |
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP||1.33yrs||no data||0.013% |
|Executive VP & Chief People Officer||8.5yrs||no data||0.0060% |
|Vice Chairman and Senior Advisor on Public Policy & Litigation||1.33yrs||US$3.45m||0.00062% |
|Managing Director of EMEA||no data||no data||no data|
|Senior Managing Director||no data||no data||no data|
Experienced Management: NDAQ's management team is considered experienced (3.5 years average tenure).
|Independent Director||9.17yrs||US$333.53k||0.024% |
|Independent Chairman of the Board||3.75yrs||US$490.58k||0.039% |
|Independent Director||1.83yrs||US$299.22k||0.0040% |
|Independent Director||2.83yrs||US$304.06k||0.0044% |
|Independent Director||6.75yrs||US$320.67k||0.0041% |
|Independent Director||12.92yrs||US$304.06k||0.024% |
|Independent Director||5.92yrs||US$473.53k||0.012% |
|Independent Director||3.58yrs||US$328.61k||0.0078% |
|Independent Director||3.75yrs||US$308.99k||0.0052% |
Experienced Board: NDAQ's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NDAQ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nasdaq, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nasdaq, Inc.
- Ticker: NDAQ
- Exchange: NasdaqGS
- Founded: 1971
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Market Cap: US$23.021b
- Shares outstanding: 164.04m
- Website: https://www.nasdaq.com
Number of Employees
- Nasdaq, Inc.
- 151 West 42nd Street
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NDAQ||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jul 2002|
|NAQ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2002|
|NAQ||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jul 2002|
|NDAQ||DIFX (NASDAQ Dubai Limited)||Yes||Common Stock||AE||USD||Jul 2002|
|0K4T||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jul 2002|
|NDAQ *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jul 2002|
|NDAQ||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jul 2002|
|N1DA34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 2 REPR 1 COM||BR||BRL||Jan 2020|
Nasdaq, Inc. operates as a technology company that serves capital markets and other industries worldwide. The company’s Market Services segment includes equity derivative trading and clearing, cash equity ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/02/24 00:03|
|End of Day Share Price||2021/02/23 00:00|
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.