COMP <GO>
NDAQ vs MS // RETURN ON INVESTED CAPITAL (ROIC)
Nasdaq Inc. (NASDAQ) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: NDAQ 11
— MS 4
▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: NDAQ
LAST: $106.23 (+0.60%) • MKT CAP: $58.60B
roic
9.10%
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
roic
3.00%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NDAQ VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NDAQ | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 63.50% | 41.00% | +22.50 | NDAQ | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 9.10% | 3.00% | +6.10 | NDAQ | /roic <GO> |
| EV/EBITDA & P/E Valuation | 26.0x | 31.0x | -5.00 | NDAQ | /valuation <GO> |
| Free Cash Flow Yield | 3.39% | -7.25% | +10.64 | NDAQ | /fcf-yield <GO> |
| Operating Margin | 28.20% | 24.60% | +3.60 | NDAQ | /operating-margins <GO> |
| Net Profit Margin | 21.60% | 20.20% | +1.40 | NDAQ | /net-margins <GO> |
| Revenue Growth (YoY) | 11.60% | 5.50% | +6.10 | NDAQ | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 1.03% | 2.21% | -1.18 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.82 | 0.46 | +2.36 | NDAQ | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 5/9 | +4.00 | NDAQ | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.50% | 7.00% | -0.50 | NDAQ | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 75.5 | 43.3 | +32.20 | NDAQ | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.88 | 1.04 | -0.16 | MS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 30.5x | 16.5x | +14.00 | MS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $58.60B | $298.41B | -$239.80B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NDAQ REV | MS REV | NDAQ GROSS % | MS GROSS % | NDAQ FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $8.26B | $0 | 63.5% | — | $1.99B | -$17.89B |
| FY 2024 | $7.40B | $0 | 62.8% | — | $1.73B | $1.36B |
| FY 2023 | $6.06B | $0 | 44.0% | — | $1.42B | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NDAQ // BETA 0.88
MS // BETA 1.04