Nasdaq, Inc.
$61.77B- Market cap
- $53.37B
- Debt
- +$9.00B
- Cash
- −$604.00M
Capital structure 86% equity / 14% debt · EV / Revenue 7.48x · EV / EBITDA 20.68x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt capMarket cap $53.37B · View financials
Snapshot Sep 8, 10:53 AM ET
FY 2025 · Mkt cap
Decision snapshot: NDAQ stock price at premium vs DPZ $95.47 current versus $60.13 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at DPZ's multiple
Implied fair value · at NDAQ's multiple
Snapshot Sep 8, 11:01 AM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: NDAQ FY 2025 (ended Dec 31, 2025) · DPZ FY 2025 (ended Dec 28, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 86% equity / 14% debt · EV / Revenue 7.48x · EV / EBITDA 20.68x
Capital structure 70% equity / 30% debt · EV / Revenue 3.24x · EV / EBITDA 13.43x
NDAQ carries the larger enterprise value at $61.77B against $16.00B; DPZ trades on the lower EV / Revenue multiple (3.24x vs 7.48x); DPZ on the lower EV / EBITDA (13.43x vs 20.68x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Nasdaq, Inc. · implied price per share
Bear
$30.39
Base
$39.16
Bull
$50.99
Domino’s Pizza, Inc. · implied price per share
Bear
$90.69
Base
$135.16
Bull
$195.15
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.74x
-1.23x
Net debt / EBITDA
Leverage against operating earnings
2.81x
3.94x
Cash and equivalents
Liquid reserves on the balance sheet
$604.00M
$125.68M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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