NasdaqOMX Group provides trading, clearing, exchange technology, regulatory, securities listing, information, and public company services worldwide. The company was founded in 1971 and is based in New York, New York.
NDAQ Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NDAQ, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Nasdaq Inc ranked in the 44th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 12.83%. As for the metrics that stood out in our discounted cash flow analysis of Nasdaq Inc, consider:
NDAQ's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 25.52% of tickers in our DCF set.
As a business, Nasdaq Inc experienced a tax rate of about 18% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 75.74% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Nasdaq Inc? See FRFHF, BRO, APAM, MORN, and EV.
Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose acquisition company, which allows it to list and trade on Nasdaq. The company details: […] The post Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq appeared first on Bitcoin News .