NasdaqMEX:NDAQ +0.59%83 Interest Coverage is 8.00 as of Mar. 2026, which is 6% above its 10-year median of 7.58. GuruFocus rates MEX:NDAQ with a GF Score™ of 83/100 and a GF Value™ of MXN1,357.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 427 Capital Markets companies, Nasdaq ranks worse than 61.83% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Nasdaq's
Operating Income
for the
three
months ended in Mar. 2026 was MXN12,118 Mil. Nasdaq's Interest Expense for the
three
months ended in Mar. 2026 was MXN-1,515 Mil.
Nasdaq's interest coverage for the quarter that ended in Mar. 2026 was 8.00.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nasdaq's Interest Coverage or its related term are showing as below:
MEX:NDAQ'
s Interest Coverage Range Over the Past 10 Years
Min: 4.9 Med: 7.58 Max: 14.14
Current: 7.32
MEX:NDAQ's Interest Coverage is ranked worse than 61.83% of 427
companies
in the Capital Markets industry
Industry Median: 19.12
vs MEX:NDAQ: 7.32
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Nasdaq Interest Coverage Related Terms
Nasdaq Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nasdaq's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:NDAQ vs COIN, MSCI, CBOE: Interest Coverage Comparison
For the Financial Data & Stock Exchanges subindustry, Nasdaq's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nasdaq Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nasdaq's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nasdaq's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nasdaq (MEX:NDAQ) has a Interest Coverage of 8.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nasdaq and its competitors. This is near median its historical median of 7.58. Over the past decade, Nasdaq's Interest Coverage has ranged from 4.90 to 14.14. According to the industry distribution chart, Nasdaq ranks #264 out of 427 companies in the Capital Markets industry, placing it in the top 61.8%.
Is Nasdaq's Interest Coverage too high?
Nasdaq's current Interest Coverage of 8.00 is near median its 10-year median of 7.58. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 14.14. The Capital Markets industry median Interest Coverage is 19.12. Nasdaq's value of 8.00 is 58.2% below this industry median. Based on the distribution chart, Nasdaq ranks #264 out of 427 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Nasdaq has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's Interest Coverage compare to COIN and MSCI?
According to the Capital Markets industry distribution chart, Nasdaq ranks #264 out of 427 companies for Interest Coverage. This places Nasdaq in the lower half of its industry. The industry median Interest Coverage is 19.12. Nasdaq's value of 8.00 is 58.2% below this benchmark. Historically, Nasdaq's own Interest Coverage has ranged from 4.90 to 14.14 over the past decade. While the company's 10-year median is 7.58 vs. the industry median of 19.12, Nasdaq has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.12, based on 427 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nasdaq's current Interest Coverage of 8.00 is 58.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nasdaq and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nasdaq's current Interest Coverage is 8.00, which is near median its own 10-year median of 7.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Based on GuruFocus' analysis, Nasdaq (MEX:NDAQ) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,357.20, compared to a current price of MXN1,368.00 — trading 0.8% above its estimated fair value. The current Interest Coverage is 8.00, which is near median its 10-year median of 7.58 and 58.2% below the Capital Markets industry median of 19.12. Nasdaq's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Nasdaq (MEX:NDAQ), the current Interest Coverage is 8.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nasdaq (MEX:NDAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued.
The current stock price of MXN1,368.00 is trading 0.8% above its estimated GF Value™ of MXN1,357.20.
GuruFocus considers Nasdaq to be Fairly Valued.
Key valuation signals for MEX:NDAQ:
Interest Coverage: 8.00 (near median its 10-year median of 7.58)
GF Value™: MXN1,357.20 vs. price of MXN1,368.00 (0.8% above fair value)
Industry Position: 58.2% below the Capital Markets median (#264 of 427)
No single metric tells the full story. See the MEX:NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as it seeks to become a diversified technology company.
83GF Score
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