AI Spotlight on NDAQ
Company Description
Nasdaq, Inc.operates as a technology company that serves capital markets and other industries worldwide.The Market Technology segment includes anti financial crime technology business, which offers Nasdaq Trade Surveillance, a SaaS solution for brokers and other market participants to assist them in complying with market rules, regulations, and internal market surveillance policies; Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool; and Verafin, a SaaS technology provider of anti-financial crime management solutions.
This segment also handles assets, such as cash equities, equity derivatives, currencies, interest-bearing securities, commodities, energy products, and digital currencies.The Investment Intelligence segment sells and distributes historical and real-time market data; develops and licenses Nasdaq-branded indexes and financial products; and provides investment insights and workflow solutions.The Corporate Platforms segment operates listing platforms; and offers investor relations intelligence and governance solutions.
As of December 31, 2021, it had 4,178 companies listed securities on The Nasdaq Stock Market, including 1,632 listings on The Nasdaq Global Select Market; 1,169 on The Nasdaq Global Market; and 1,377 on The Nasdaq Capital Market.The Market Services segment includes equity derivative trading and clearing, cash equity trading, fixed income and commodities trading and clearing, and trade management service businesses.This segment operates various exchanges and other marketplace facilities across various asset classes, which include derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and provides broker, clearing, settlement, and central depository services.
The company was formerly known as The NASDAQ OMX Group, Inc.and changed its name to Nasdaq, Inc.in September 2015.
Nasdaq, Inc.was founded in 1971 and is headquartered in New York, New York.
Market Data
Last Price | 82.3 |
Change Percentage | 0.02% |
Open | 82.5 |
Previous Close | 82.28 |
Market Cap ( Millions) | 47300 |
Volume | 100396 |
Year High | 83.77 |
Year Low | 54.9 |
M A 50 | 79.51 |
M A 200 | 69.95 |
Financial Ratios
FCF Yield | 3.09% |
Dividend Yield | 1.14% |
ROE | 10.16% |
Debt / Equity | 88.18% |
Net Debt / EBIDTA | 387.14% |
Price To Book | 4.23 |
Price Earnings Ratio | 42.37 |
Price To FCF | 32.35 |
Price To sales | 6.39 |
EV / EBITDA | 23.68 |
News
- 11:00 - IDEAYA Biosciences Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
- Jan -30 - Nasdaq wavers as shares of Nvidia, Microsoft sink
- Jan -30 - Processa Pharmaceuticals Announces Closing of $5 Million Public Offering Priced At-The-Market Under Nasdaq Rules
- Jan -30 - Nasdaq 100: Apple Falls 1.6% After Hours as iPhone Sales Miss Raises Concerns
- Jan -30 - The Real Good Food Company Announces Intent to Voluntarily Delist from Nasdaq and Deregister with the SEC
- Jan -30 - 60 Degrees Pharma Announces Closing of $1.043 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
- Jan -30 - NASDAQ President on crypto and options explosions
- Jan -30 - Nasdaq Moves Lower; Meta Platforms Posts Strong Sales
- Jan -30 - Nasdaq Celebrates AI Company Wins In Home Health and Healthcare in Times Square
- Jan -30 - Nasdaq Declines As Nvidia Edges Lower, Fed Leaves Interest Rates Unchanged: Fear & Greed Index In 'Neutral' Zone
- Jan -30 - Nasdaq 100 Forecast: Meta and Tesla Climb After-Hours While Microsoft Drops
- Jan -29 - urban-gro, Inc. Granted Extension by Nasdaq to Regain Compliance
- Jan -29 - Nasdaq 100: Microsoft and Meta Earnings TodayβWill AI Investments Pay Off?
- Jan -29 - Nasdaq CEO on Chinese AI Companies
- Jan -29 - NioCorp Announces Pricing of $5.0 Million Underwritten Offering Priced At-The-Market Under Nasdaq Rules
- Jan -29 - Nasdaq slides, Dow stalls ahead of Fed decision, Big Tech earnings bonanza
- Jan -29 - Nasdaq's Q4 Earnings Surpass Estimates on Higher Revenues
- Jan -29 - Nasdaq Down Over 100 Points; Corning Posts Upbeat Earnings
- Jan -29 - Nasdaq, Inc. (NDAQ) Q4 2024 Earnings Call Transcript
- Jan -29 - Nasdaq (NDAQ) Reports Q4 Earnings: What Key Metrics Have to Say
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Market Services
Expected Growth : 10.47 %
What the company do ?
Nasdaq's Market Services provide real-time market data, indices, and analytics to help investors, traders, and financial institutions make informed decisions.
Why we expect these perspectives ?
Nasdaq's Market Services segment growth of 10.47% is driven by increasing demand for trading and clearing services, expansion of its exchange traded products (ETPs) offerings, and growth in its market data and index licensing business. Additionally, the segment benefits from the acquisition of eVestment, a leading provider of cloud-based investment analytics, and the continued shift towards electronic trading.
Segment nΒ°2 -> Capital Access Platforms
Expected Growth : 9.9 %
What the company do ?
Capital Access Platforms from Nasdaq, Inc. is a suite of solutions that enables private companies to manage their capital structure and access funding opportunities.
Why we expect these perspectives ?
Nasdaq's Capital Access Platforms' 9.9% growth is driven by increasing demand for private company listings, expansion into new markets, and strategic partnerships. The platform's ability to provide access to capital for private companies, coupled with Nasdaq's reputation and expertise, has attracted a growing number of clients seeking to raise capital and gain visibility.
Segment nΒ°3 -> Financial Technology
Expected Growth : 10.42 %
What the company do ?
Financial Technology from Nasdaq, Inc. refers to the use of technology to improve and automate financial services, such as mobile payments, digital wallets, and online lending platforms.
Why we expect these perspectives ?
Nasdaq's Financial Technology segment growth of 10.42% is driven by increasing demand for cloud-based trading and risk management solutions, expansion of its anti-financial crime offerings, and growth in its marketplace for private company securities. Additionally, the segment benefits from the rising adoption of digital payments and the need for real-time data analytics in the financial industry.
Segment nΒ°4 -> Corporate Items
Expected Growth : 9.27 %
What the company do ?
Corporate Actions from Nasdaq, Inc. provide detailed information on company events, such as dividends, mergers, and acquisitions, affecting publicly traded companies.
Why we expect these perspectives ?
Nasdaq, Inc.'s 9.27% growth in Corporate Items is driven by increasing demand for listing services, growth in exchange data products, and expansion of its index business. Additionally, the company's strategic acquisitions, such as the purchase of eVestment, have contributed to its revenue growth.
Nasdaq, Inc. Products
Product Range | What is it ? |
---|---|
Market Data | Real-time and historical market data feeds, including trade data, quote data, and index data |
Index Services | Calculation and dissemination of financial indexes, including the Nasdaq-100 Index and the OMX Stockholm 30 Index |
Listing Services | Listing and trading services for companies seeking to go public or list on a major exchange |
Market Technology | Trading, clearing, and settlement systems for exchanges, clearinghouses, and central securities depositories |
Corporate Solutions | Governance, risk, and compliance solutions for public and private companies |
Investor Relations | Tools and services to help companies communicate with investors, manage investor relationships, and track shareholder activity |
Nasdaq, Inc.'s Porter Forces
Threat Of Substitutes
Nasdaq, Inc. operates in a highly specialized industry, and there are limited substitutes for its services. The company's strong brand recognition and established relationships with customers also reduce the threat of substitutes.
Bargaining Power Of Customers
Nasdaq, Inc. has a diverse customer base, which reduces the bargaining power of individual customers. However, the company's largest customers, such as institutional investors and large corporations, may have some bargaining power due to their significant trading volumes.
Bargaining Power Of Suppliers
Nasdaq, Inc. has a diverse supplier base, and the company is not heavily dependent on any single supplier. The company's suppliers are primarily technology and infrastructure providers, and there are many alternative suppliers available.
Threat Of New Entrants
The threat of new entrants is high in the exchange industry, as new companies can enter the market with innovative technologies and business models. However, Nasdaq, Inc. has a strong brand and established relationships with customers, which can make it difficult for new entrants to gain traction.
Intensity Of Rivalry
The exchange industry is highly competitive, with several established players competing for market share. Nasdaq, Inc. faces intense competition from other exchanges, such as the New York Stock Exchange and the London Stock Exchange, as well as from new entrants and alternative trading systems.
Capital Structure
Value | |
---|---|
Debt Weight | 49.15% |
Debt Cost | 3.95% |
Equity Weight | 50.85% |
Equity Cost | 8.65% |
WACC | 6.34% |
Leverage | 96.65% |
Nasdaq, Inc. : Quality Control
Nasdaq, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
MSCI | MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, β¦ |
CME | CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest β¦ |
BK | The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth β¦ |
ICE | Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, β¦ |
SPGI | S&P Global Inc., together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates in six divisions: S&P Global β¦ |