COMP <GO>
NDAQ vs JPM // 10Y YIELD & FRED MACRO BETA
Nasdaq Inc. (NASDAQ) VS. JPMorgan Chase & Co. (NYSE) • 15-METRIC TALLY: NDAQ 4
— JPM 10
▲ 10Y YIELD & FRED MACRO BETA LEADER: JPM
LAST: $106.23 (+0.60%) • MKT CAP: $58.60B
macro-sensitivity
0.88
LAST: $337.04 (-1.90%) • MKT CAP: $895.92B
macro-sensitivity
1.00
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NDAQ VS. JPM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NDAQ | JPM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 63.50% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.10% | 17.37% | -8.27 | JPM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 26.0x | 9.7x | +16.33 | JPM | /valuation <GO> |
| Free Cash Flow Yield | 3.39% | -18.14% | +21.53 | NDAQ | /fcf-yield <GO> |
| Operating Margin | 28.20% | 42.07% | -13.87 | JPM | /operating-margins <GO> |
| Net Profit Margin | 21.60% | 32.63% | -11.03 | JPM | /net-margins <GO> |
| Revenue Growth (YoY) | 11.60% | 13.53% | -1.93 | JPM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.03% | 1.96% | -0.93 | JPM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.82 | 0.37 | +2.45 | NDAQ | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 2/9 | +7.00 | NDAQ | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.50% | 4.84% | +1.66 | JPM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 75.5 | 49.0 | +26.44 | NDAQ | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 0.88 | 1.00 | -0.12 | JPM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 30.5x | 13.6x | +16.93 | JPM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $58.60B | $895.92B | -$837.31B | JPM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NDAQ REV | JPM REV | NDAQ GROSS % | JPM GROSS % | NDAQ FCF | JPM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $8.26B | $182.45B | 63.5% | — | $1.99B | -$147.78B |
| FY 2024 | $7.40B | $177.56B | 62.8% | — | $1.73B | -$42.01B |
| FY 2023 | $6.06B | $158.10B | 44.0% | — | $1.42B | $12.97B |
| FY 2022 | — | $128.69B | — | — | — | $107.12B |
| FY 2021 | — | $121.65B | — | — | — | $78.08B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NDAQ // BETA 0.88
JPM // BETA 1.00