Projected Income Statement: Nasdaq, Inc.

Forecast Balance Sheet: Nasdaq, Inc.

Forecast Balance Sheet - Nasdaq, Inc.
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 5,408 4,875 9,793 8,673 8,162 7,961 6,960 5,915
Change - -9.86% 100.88% -11.44% -5.89% -2.46% -12.57% -15.01%
Announcement Date 26/01/22 25/01/23 31/01/24 29/01/25 29/01/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Nasdaq, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 163 152 158 207 266 275.3 292.7 314.1
Change - -6.75% 3.95% 31.01% 28.5% 3.51% 6.31% 7.3%
Free Cash Flow (FCF) 1 920 1,554 1,538 1,732 1,989 2,484 2,815 3,174
Change - 68.91% -1.03% 12.61% 14.84% 24.91% 13.29% 12.76%
Announcement Date 26/01/22 25/01/23 31/01/24 29/01/25 29/01/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Nasdaq, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 55.91% 54.89% 56.02% 56.5% 58.35% 59.62% 60.28% 60.63%
EBIT Margin (%) 52.75% 51.95% 53.02% 53.83% 55.59% 56.77% 57.9% 58.57%
EBT Margin (%) 44.85% 41.18% 35.97% 30.94% 40.86% 45.55% 45.88% 48.15%
Net margin (%) 34.71% 31.41% 27.19% 23.85% 34.06% 34.41% 33.6% 34.72%
FCF margin (%) 26.9% 43.38% 39.49% 36.98% 37.89% 41.94% 43.57% 45.12%
FCF / Net Income (%) 77.51% 138.13% 145.23% 155.06% 111.24% 121.89% 129.65% 129.93%

Profitability

        
ROA 6.68% 5.49% 5.39% 5.2% 5.82% 7.4% 7.95% 8.65%
ROE 19.85% 17.93% 16.89% 14.82% 17.2% 19.24% 20.91% 22.29%

Financial Health

        
Leverage (Debt/EBITDA) 2.83x 2.48x 4.49x 3.28x 2.66x 2.25x 1.79x 1.39x
Debt / Free cash flow 5.88x 3.14x 6.37x 5.01x 4.1x 3.2x 2.47x 1.86x

Capital Intensity

        
CAPEX / Current Assets (%) 4.77% 4.24% 4.06% 4.42% 5.07% 4.65% 4.53% 4.46%
CAPEX / EBITDA (%) 8.53% 7.73% 7.24% 7.82% 8.68% 7.8% 7.52% 7.36%
CAPEX / FCF (%) 17.72% 9.78% 10.27% 11.95% 13.37% 11.08% 10.4% 9.9%

Items per share

        
Cash flow per share 1 2.144 3.427 - - - - - -
Change - 59.81% - - - - - -
Dividend per Share 1 0.7033 0.78 0.86 0.94 1.05 1.203 1.338 1.493
Change - 10.9% 10.26% 9.3% 11.7% 14.6% 11.19% 11.55%
Book Value Per Share 1 12.66 12.49 18.81 19.46 21.45 21.56 23.53 26.23
Change - -1.31% 50.54% 3.48% 10.25% 0.49% 9.16% 11.45%
EPS 1 2.35 2.26 2.08 1.93 3.09 3.616 3.971 4.584
Change - -3.83% -7.96% -7.21% 60.1% 17.03% 9.82% 15.43%
Nbr of stocks (in thousands) 5,01,666 4,91,280 5,76,965 5,74,758 5,70,995 5,54,963 5,54,963 5,54,963
Announcement Date 26/01/22 25/01/23 31/01/24 29/01/25 29/01/26 - - -
1USD
Estimates
2026 *2027 *
P/E 29.2x 26.6x
PBR 4.9x 4.49x
EV / Sales 11.2x 10.1x
Yield 1.14% 1.27%

EPS & Dividend

EPS & Dividend - Nasdaq, Inc.


Y-o-Y evolution of P/E

Valuation ratios - P/E - Nasdaq, Inc.
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Nasdaq, Inc.
Trader
Investor
Global
Quality
ESG MSCI
AAA
MarketScreener Ratings - Nasdaq, Inc.
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
105.60USD
Average target price
115.25USD
Spread / Average Target
+9.14%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Nasdaq, Inc.
  1. Stock Market
  2. Stocks
  3. NDAQ Stock
  4. Financials Nasdaq, Inc.