Discounted Cash Flow
Nasdaq, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $3.7b | $108.0m | $588.0m | 2.9% | $0.65 |
| 2017 | $4.0b (7.0%) | $734.0m (579.6%) | $765.0m (30.1%) | 18.5% (535.1%) | $4.41 (578.5%) |
| 2018 | $4.3b (7.9%) | $458.0m (-37.6%) | $917.0m (19.9%) | 10.7% (-42.2%) | $2.77 (-37.2%) |
| 2019 | $4.3b (-0.4%) | $774.0m (69.0%) | $836.0m (-8.8%) | 18.2% (69.6%) | $4.69 (69.3%) |
| 2020 | $5.6b (32.0%) | $933.0m (20.5%) | $1.1b (27.3%) | 16.6% (-8.7%) | $5.67 (20.9%) |
| 2021 | $5.9b (4.6%) | $1.2b (27.2%) | $920.0m (-13.5%) | 20.2% (21.6%) | $7.15 (26.1%) |
| 2022 | $6.2b (5.8%) | $1.1b (-5.2%) | $1.6b (68.9%) | 18.1% (-10.4%) | $2.28 (-68.1%) |
| 2023 | $6.1b (-2.6%) | $1.1b (-5.9%) | $1.5b (-1.0%) | 17.5% (-3.4%) | $2.10 (-7.9%) |
| 2024 | $7.4b (22.0%) | $1.1b (5.5%) | $1.7b (12.6%) | 15.1% (-13.6%) | $1.94 (-7.6%) |
| 2025 | $8.3b (11.6%) | $1.8b (60.1%) | $2.0b (14.8%) | 21.6% (43.4%) | $3.12 (60.8%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.