Fair value (multi-method)
Four independent methods triangulate what NDAQ is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.
Estimated fair value (Forward DCF)
$90.55
Method range
$20.91 – $114.60
median $98.07
Valuation methods
Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.
| Method | Fair value | Upside vs price |
|---|---|---|
| Forward DCF | $90.55 | +3.75% |
| Exit multiple | $105.59 | +20.98% |
| Analyst target | $114.60 | +31.30% |
| Graham number | $20.91 | -76.04% |
- Forward DCF$90.55
- Exit multiple$105.59
- Analyst target$114.60
- Graham number$20.91
Stock price
$87.28
FCF / share (TTM)
$1.11
3Y FCF CAGR
17.3%
Fair value @ hist. growth
$49.60
This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.
Implied FCF growth
25.0%
per year over your projection horizon
Margin of safety -76.0% vs hist-growth DCF
Historical 3Y CAGR
17.3%
Your model implies
25.0%
Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.
Model inputs
Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.
Undiscounted FCF per share over 10 years at 17% annual growth.
Sensitivity — implied growth vs your assumptions
Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.
| Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% |
|---|---|---|---|---|---|
| 7.4% | 21.3% | 20.4% | 19.4% | 18.3% | 17.0% |
| 8.4% | 24.0% | 23.2% | 22.4% | 21.4% | 20.4% |
| 9.4% | 26.5% | 25.8% | 25.0% | 24.2% | 23.4% |
| 10.4% | 28.8% | 28.2% | 27.5% | 26.8% | 26.1% |
| 11.4% | 31.0% | 30.4% | 29.9% | 29.2% | 28.6% |
Historical multiples
Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.
PEG
21.09
Demanding vs growth
Net debt
$9.1B
Total debt − cash
Beta
0.97
Vs market benchmark
Frequently asked questions
Nasdaq (NDAQ) Key Financials
Charts, filings, and peer comparison for every metric
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