$45.90
Above FV▼ -49.7% against the close used
Model range $7.29 – $61.80
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Bear$7.29Fair value$45.90Bull$61.80
FairClose
52-week traded range
52W low $76.8552W high $100.98
The 52-week range is measured from the stored price history, not estimated.
Trading above the consensus fair value
Nasdaq, Inc. closed at $91.19, 98.7% above the consensus fair value of $45.90 drawn from 9 valuation models.
Financial DNA score 45/100 — Average. P/E of 29.5x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
DCF Valuation
$46.55
-48.9%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=2.4%, r=10%, tg=3%, n=10yr
Graham Number
$38.31
-58.0%
√(22.5 × EPS × BVPS)
EPS=3.09, BVPS=21.11 · outside Graham range (P/E 29.5, P/B 4.3) — asset-light, treat as a rough floor
P/E Fair Value
$61.80
-32.2%
EPS × 20x (sector P/E)
EPS=3.09, Sector P/E=20x
Peter Lynch (PEG)
$7.29
-92.0%
EPS × Growth% (PEG = 1 is fair)
EPS=3.09, g=2.4%
EV/EBITDA
$33.32
-63.5%
(EBITDA × 11.2x − Net Debt) ÷ Shares
EBITDA=2.48B
Dividend Discount (DDM)
$14.05
-84.6%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=1.05, r=10%, g=2.4%
Book Value (P/B)
$35.92
-60.6%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=21.11, ROE=14.9%, g=3%, r=10%
Reverse DCF
$91.19
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 12.4% | Historical: 2.4%
Margin of Safety
$36.67
-59.8%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=48.89, MoS=25%
Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.
Educational data only. Not a recommendation to buy, sell or hold any security.