NASDAQ INC (NDAQ) Stock Fundamental Analysis
USA - NASDAQ:NDAQ - US6311031081 - Common Stock
87.08 USD
-0.35 (-0.4%)
87.08 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to NDAQ. NDAQ was compared to 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of NDAQ get a neutral evaluation. Nothing too spectacular is happening here. NDAQ is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
NDAQ had positive earnings in the past year.
NDAQ had a positive operating cash flow in the past year.
NDAQ had positive earnings in each of the past 5 years.
Each year in the past 5 years NDAQ had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NDAQ (5.30%) is better than 73.84% of its industry peers.
NDAQ has a better Return On Equity (13.52%) than 72.15% of its industry peers.
With an excellent Return On Invested Capital value of 7.71%, NDAQ belongs to the best of the industry, outperforming 81.43% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NDAQ is in line with the industry average of 7.11%.
The last Return On Invested Capital (7.71%) for NDAQ is above the 3 year average (7.46%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 13.52% | ||
| ROIC | 7.71% |
ROA(3y)4.12%
ROA(5y)4.69%
ROE(3y)12.69%
ROE(5y)14.23%
ROIC(3y)7.46%
ROIC(5y)7.97%
1.3 Margins
NDAQ's Profit Margin of 19.89% is in line compared to the rest of the industry. NDAQ outperforms 55.27% of its industry peers.
NDAQ's Profit Margin has declined in the last couple of years.
NDAQ has a Operating Margin (28.43%) which is in line with its industry peers.
In the last couple of years the Operating Margin of NDAQ has remained more or less at the same level.
Looking at the Gross Margin, with a value of 62.26%, NDAQ is in the better half of the industry, outperforming 72.15% of the companies in the same industry.
In the last couple of years the Gross Margin of NDAQ has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.43% | ||
| PM (TTM) | 19.89% | ||
| GM | 62.26% |
OM growth 3Y-0.88%
OM growth 5Y0.46%
PM growth 3Y-9.2%
PM growth 5Y-3.63%
GM growth 3Y2.64%
GM growth 5Y1.1%
2. Health
2.1 Basic Checks
NDAQ has about the same amout of shares outstanding than it did 1 year ago.
NDAQ has more shares outstanding than it did 5 years ago.
The debt/assets ratio for NDAQ has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.54 indicates that NDAQ is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.54, NDAQ is doing good in the industry, outperforming 73.84% of the companies in the same industry.
The Debt to FCF ratio of NDAQ is 4.34, which is a neutral value as it means it would take NDAQ, 4.34 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 4.34, NDAQ is doing good in the industry, outperforming 74.68% of the companies in the same industry.
NDAQ has a Debt/Equity ratio of 0.72. This is a neutral value indicating NDAQ is somewhat dependend on debt financing.
The Debt to Equity ratio of NDAQ (0.72) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Altman-Z | 2.54 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.99 indicates that NDAQ may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.99, NDAQ is in line with its industry, outperforming 40.93% of the companies in the same industry.
A Quick Ratio of 0.99 indicates that NDAQ may have some problems paying its short term obligations.
NDAQ's Quick ratio of 0.99 is in line compared to the rest of the industry. NDAQ outperforms 44.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
NDAQ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.99%, which is quite good.
The Earnings Per Share has been growing by 11.09% on average over the past years. This is quite good.
Looking at the last year, NDAQ shows a quite strong growth in Revenue. The Revenue has grown by 16.44% in the last year.
The Revenue has been growing by 11.67% on average over the past years. This is quite good.
EPS 1Y (TTM)17.99%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%18.92%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
3.2 Future
Based on estimates for the next years, NDAQ will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.25% on average per year.
Based on estimates for the next years, NDAQ will show a small growth in Revenue. The Revenue will grow by 7.56% on average per year.
EPS Next Y23.68%
EPS Next 2Y17.06%
EPS Next 3Y15.24%
EPS Next 5Y13.25%
Revenue Next Year11.35%
Revenue Next 2Y9.37%
Revenue Next 3Y8.76%
Revenue Next 5Y7.56%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NDAQ is valuated quite expensively with a Price/Earnings ratio of 26.55.
NDAQ's Price/Earnings ratio is a bit more expensive when compared to the industry. NDAQ is more expensive than 69.62% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. NDAQ is around the same levels.
A Price/Forward Earnings ratio of 22.54 indicates a rather expensive valuation of NDAQ.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NDAQ indicates a slightly more expensive valuation: NDAQ is more expensive than 62.03% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NDAQ is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 22.54 |
4.2 Price Multiples
NDAQ's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NDAQ is cheaper than 71.31% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as NDAQ.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.82 | ||
| EV/EBITDA | 19.85 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of NDAQ may justify a higher PE ratio.
NDAQ's earnings are expected to grow with 15.24% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)2.39
EPS Next 2Y17.06%
EPS Next 3Y15.24%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.24%, NDAQ has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.53, NDAQ is paying slightly less dividend.
With a Dividend Yield of 1.24, NDAQ pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of NDAQ grows each year by 8.85%, which is quite nice.
NDAQ has been paying a dividend for at least 10 years, so it has a reliable track record.
NDAQ has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.85%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
NDAQ pays out 36.06% of its income as dividend. This is a sustainable payout ratio.
The dividend of NDAQ is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.06%
EPS Next 2Y17.06%
EPS Next 3Y15.24%
87.08
-0.35 (-0.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners74.86%
Inst Owner Change0.56%
Ins Owners0.54%
Ins Owner Change-0.46%
Market Cap49.97B
Revenue(TTM)8.17B
Net Income(TTM)1.63B
Analysts81.54
Price Target107.04 (22.92%)
Short Float %1.5%
Short Ratio1.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend0.94
Dividend Growth(5Y)8.85%
DP36.06%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.1%
Min EPS beat(2)1.81%
Max EPS beat(2)2.38%
EPS beat(4)3
Avg EPS beat(4)1%
Min EPS beat(4)-0.6%
Max EPS beat(4)2.38%
EPS beat(8)5
Avg EPS beat(8)0.99%
EPS beat(12)8
Avg EPS beat(12)1.15%
EPS beat(16)11
Avg EPS beat(16)1.77%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-0.53%
Max Revenue beat(2)0.31%
Revenue beat(4)1
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-1.92%
Max Revenue beat(4)0.31%
Revenue beat(8)3
Avg Revenue beat(8)-0.81%
Revenue beat(12)5
Avg Revenue beat(12)10.61%
Revenue beat(16)9
Avg Revenue beat(16)25.44%
PT rev (1m)1.55%
PT rev (3m)1.62%
EPS NQ rev (1m)2.48%
EPS NQ rev (3m)3.33%
EPS NY rev (1m)2.08%
EPS NY rev (3m)5.52%
Revenue NQ rev (1m)1.25%
Revenue NQ rev (3m)1.69%
Revenue NY rev (1m)0.85%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.55 | ||
| Fwd PE | 22.54 | ||
| P/S | 6.12 | ||
| P/FCF | 23.82 | ||
| P/OCF | 21.4 | ||
| P/B | 4.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.85 |
EPS(TTM)3.28
EY3.77%
EPS(NY)3.86
Fwd EY4.44%
FCF(TTM)3.66
FCFY4.2%
OCF(TTM)4.07
OCFY4.67%
SpS14.23
BVpS20.95
TBVpS-15.57
PEG (NY)1.12
PEG (5Y)2.39
Graham Number39.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.3% | ||
| ROE | 13.52% | ||
| ROCE | 10.12% | ||
| ROIC | 7.71% | ||
| ROICexc | 7.89% | ||
| ROICexgc | 120.36% | ||
| OM | 28.43% | ||
| PM (TTM) | 19.89% | ||
| GM | 62.26% | ||
| FCFM | 25.69% |
ROA(3y)4.12%
ROA(5y)4.69%
ROE(3y)12.69%
ROE(5y)14.23%
ROIC(3y)7.46%
ROIC(5y)7.97%
ROICexc(3y)7.79%
ROICexc(5y)8.72%
ROICexgc(3y)105.04%
ROICexgc(5y)113.14%
ROCE(3y)10.12%
ROCE(5y)10.74%
ROICexgc growth 3Y-7.3%
ROICexgc growth 5Y3.79%
ROICexc growth 3Y-12.6%
ROICexc growth 5Y-5.33%
OM growth 3Y-0.88%
OM growth 5Y0.46%
PM growth 3Y-9.2%
PM growth 5Y-3.63%
GM growth 3Y2.64%
GM growth 5Y1.1%
F-Score8
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.72 | ||
| Debt/FCF | 4.34 | ||
| Debt/EBITDA | 2.94 | ||
| Cap/Depr | 37.98% | ||
| Cap/Sales | 2.9% | ||
| Interest Coverage | 6.23 | ||
| Cash Conversion | 79.26% | ||
| Profit Quality | 129.11% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.54 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)47.2%
Cap/Depr(5y)58.66%
Cap/Sales(3y)2.61%
Cap/Sales(5y)2.79%
Profit Quality(3y)146.14%
Profit Quality(5y)125.99%
High Growth Momentum
Growth
EPS 1Y (TTM)17.99%
EPS 3Y3.77%
EPS 5Y11.09%
EPS Q2Q%18.92%
EPS Next Y23.68%
EPS Next 2Y17.06%
EPS Next 3Y15.24%
EPS Next 5Y13.25%
Revenue 1Y (TTM)16.44%
Revenue growth 3Y7.93%
Revenue growth 5Y11.67%
Sales Q2Q%14.75%
Revenue Next Year11.35%
Revenue Next 2Y9.37%
Revenue Next 3Y8.76%
Revenue Next 5Y7.56%
EBIT growth 1Y22.92%
EBIT growth 3Y6.98%
EBIT growth 5Y12.18%
EBIT Next Year19.17%
EBIT Next 3Y11.84%
EBIT Next 5Y9.28%
FCF growth 1Y29.27%
FCF growth 3Y23.48%
FCF growth 5Y15.68%
OCF growth 1Y31.7%
OCF growth 3Y21.43%
OCF growth 5Y15.02%
NASDAQ INC / NDAQ FAQ
What is the fundamental rating for NDAQ stock?
ChartMill assigns a fundamental rating of 5 / 10 to NDAQ.
What is the valuation status of NASDAQ INC (NDAQ) stock?
ChartMill assigns a valuation rating of 3 / 10 to NASDAQ INC (NDAQ). This can be considered as Overvalued.
What is the profitability of NDAQ stock?
NASDAQ INC (NDAQ) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for NDAQ stock?
The Price/Earnings (PE) ratio for NASDAQ INC (NDAQ) is 26.55 and the Price/Book (PB) ratio is 4.16.
What is the financial health of NASDAQ INC (NDAQ) stock?
The financial health rating of NASDAQ INC (NDAQ) is 4 / 10.