ICE vs NDAQ vs SIFY Stock Comparison

Intercontinental Exchange, Nasdaq and Sify Technologies Prices as of Oct 27, 2026 Peers: Industry group
NDAQ Nasdaq, Inc.
$104.36 +11.6% 1M +17.5% 1Y
Market cap
$58.82B
P/E
28.2x
Revenue (TTM)
$9.15B
Div. yield
–
Exchanges Financial Services
5 wins
SIFY Sify Technologies Ltd
$12.30 -7.9% 1M +1.6% 1Y
Market cap
$907.29M
P/E
–
Revenue (TTM)
$384.50M
Div. yield
–
Data Centers Technology
1 win

Head to Head

11 decided of 12

Intercontinental Exchange leads on 5 of the 12 questions below (Intercontinental Exchange 5, Nasdaq 5, Sify Technologies 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionICENDAQSIFYLeader
Larger companyMarket capitalisation $87.24B $58.82B $907.29M ICE
Cheaper on earningsLower P/E, profitable companies only 21.6x 28.2x -58.7x ICE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.9x 25.9x 615.0x ICE
Faster revenue growthRevenue growth, trailing twelve months +6.9% +11.5% +5.7% NDAQ
More profitableNet margin, trailing twelve months 30.1% 22.8% -4.0% ICE
Better return on capitalReturn on invested capital 8.5% 10.5% 5.4% NDAQ
Less leveragedLower net debt / EBITDA 2.6x 2.4x -9.4x SIFY
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.8% +17.5% +1.6% NDAQ
Better 5-year returnAnnualised price return, 5 years +2.8%/yr +8.6%/yr -9.8%/yr NDAQ
Less volatileAnnualised volatility, 1 year 25.8% 28.5% 61.0% ICE
Higher overall scoreMean of the five percentile scores vs peers 54/100 54/100 53/100 NDAQ

Percentile Scorecard

ICENDAQSIFY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisICENDAQSIFY
Valuation 59 #40 of 96 42 #56 of 96 68 #13 of 38
Growth 45 #37 of 66 40 #40 of 66 31 #25 of 36
Profitability 83 #12 of 64 79 #14 of 64 61 #14 of 34
Financial Health 36 #60 of 93 47 #50 of 93 –
Shareholder Returns 46 #21 of 38 62 #15 of 38 –
Overall 54 54 53
  • ICE ranked among 110 companies in Capital Markets
  • NDAQ ranked among 110 companies in Capital Markets
  • SIFY ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodICENDAQSIFYSPY
1 month +0.7%+11.6%-7.9% -0.2%
3 months +1.7%+8.8%-13.1% +3.9%
6 months -0.6%+14.3%-18.8% +8.2%
Year to date -4.0%+7.4%+0.9% +12.9%
1 year -2.8%+17.5%+1.6% +12.3%
3 years +48.4%+119.3%+41.4% +87.4%
3 years, per year +14.1%+29.9%+12.2% +23.3%
5 years +14.7%+51.2%-40.2% +67.9%
5 years, per year +2.8%+8.6%-9.8% +10.9%
10 years +192.0%+389.6%+95.2% +261.1%
10 years, per year +11.3%+17.2%+6.9% +13.7%

Risk

MeasureICENDAQSIFYSPY
Volatility, 1Y 25.8%28.5%61.0% 12.7%
Downside volatility, 1Y 27.5%29.9%62.0% 12.7%
Beta vs S&P 500, 1Y 0.160.572.13 1.00
Return / volatility, 1Y -0.110.620.03 0.97
Max drawdown, 5Y -35.1%-33.4%-91.8% -25.4%
From 52-week high -11.2%-0.3%-28.7% -1.2%
52-week high $175.10$104.72$17.24 $779.14
52-week low $122.91$76.85$10.37 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleICENDAQSIFY
P/E now vs peer median 21.7xmedian 28.3x 28.0xmedian 28.3x -57.6xmedian 29.5x
P/S now vs peer median 6.5xmedian 2.9x 6.4xmedian 2.9x 2.3xmedian 4.5x
EV/EBITDA now vs peer median 15.0xmedian 13.5x 19.6xmedian 13.5x -23.3xmedian 23.9x
P/FCF now vs peer median 17.2xmedian 16.0x 25.8xmedian 16.0x —median 15.0x
P/B now vs peer median 2.9xmedian 2.4x 4.9xmedian 2.4x 4.4xmedian 4.3x
PEG now vs peer median 0.65median 0.54 1.53median 0.54 1.16median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsICENDAQSIFY
Revenue $13.43B $9.15B $384.50M
Gross profit – $5.78B $206.52M
Operating income $5.47B $2.73B $39.31M
Net income $4.10B $2.08B -$15.57M
Free cash flow $5.08B $2.26B –
EPS (diluted) $7.13 $3.70 $-0.21
Cash & equivalents $1.07B $365.00M –
Total debt $19.85B $8.74B $599.45M
Shares (diluted) 566.00M 563.31M 72.46M
Enterprise value $80.98B $56.26B $907.29M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricICENDAQSIFY
P/E 21.7x 28.0x -57.6x
P/FCF 17.2x 25.8x –
P/Operating cash flow 15.8x 22.9x –
P/S 6.5x 6.4x 2.3x
P/B 2.9x 4.9x 4.4x
P/Tangible book 5.9x 9.9x 4.4x
EV/EBITDA 15.0x 19.6x -23.3x
EV/EBIT 19.2x 24.4x 37.9x
EV/Revenue 7.8x 7.3x 3.9x
EV/FCF 20.7x 29.5x –
EV/Operating cash flow 19.1x 26.1x –
PEG (3Y EPS CAGR) 0.65 1.53 1.16

Growth

14 metrics
MetricICENDAQSIFY
Revenue growth (1Y) 6.9% 11.5% 5.7%
Revenue CAGR (3Y) 11.9% 15.1% -65.1%
Gross profit growth (1Y) – 13.7% 12.2%
Gross profit CAGR (3Y) – 16.2% 65.9%
Operating income growth (1Y) 16.4% 23.1% 49.9%
Operating income CAGR (3Y) 13.9% 20.1% -10.7%
Net income growth (1Y) 34.1% 28.2% 19.3%
Net income CAGR (3Y) 33.1% 23.6% -73.4%
EPS growth (1Y) 36.6% 31.8% 31.2%
EPS CAGR (3Y) 33.3% 18.3% -49.8%
Operating cash flow growth (1Y) 13.1% 9.0% –
Operating cash flow CAGR (3Y) 14.9% 12.8% –
Free cash flow growth (1Y) 13.9% 7.6% –
Free cash flow CAGR (3Y) 14.1% 11.6% –

Profitability

14 metrics
MetricICENDAQSIFY
Gross margin – 63.2% 53.7%
EBITDA margin 52.3% 37.0% -16.7%
Operating margin 40.7% 29.8% 10.2%
Pretax margin 39.7% 28.5% 3.1%
Net margin 30.1% 22.8% -4.0%
FCF margin 37.8% 24.7% –
Operating cash flow margin 41.1% 27.8% –
Return on equity 13.9% 17.4% -10.8%
Return on assets 2.3% 7.6% –
Return on invested capital 8.5% 10.5% 5.4%
Return on capital employed 9.7% 12.0% –
Asset turnover 0.1x 0.3x –
Cash conversion (OCF / net income) 1.3x 1.2x –
Stock comp / revenue 2.0% 1.9% –

Financial Health

11 metrics
MetricICENDAQSIFY
Debt / assets 11.4% 31.9% –
Debt / equity 0.7x 0.7x 3.0x
Net debt / EBITDA 2.6x 2.4x -9.4x
Debt / FCF 3.9x 3.9x –
Liabilities / assets 83.0% 56.2% –
Equity / assets 17.0% 43.8% –
Interest coverage 6.8x 7.9x 2.0x
Current ratio 1.0x 1.0x –
Quick ratio 0.0x 0.4x –
Cash ratio 0.0x 0.1x –
Altman Z-score 0.73 3.48 –

Shareholder Returns

7 metrics
MetricICENDAQSIFY
Dividend yield 1.3% 1.1% –
Net buyback yield 2.3% 2.5% –
Shareholder yield 3.6% 3.6% 0.0%
Payout ratio (earnings) 27.8% – –
Payout ratio (FCF) 22.5% – –
Dividend growth (1Y) 6.1% – –
Dividend CAGR (3Y) 8.3% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusICENDAQSIFY
Forward P/E 17.9xFY2026 25.9xFY2026 615.0xFY2026
EPS, next fiscal year $8.69FY2026 $4.03FY2026 $0.02FY2026
EPS growth, next FY +25.0%FY2026 +15.8%FY2026 –
EPS growth, the year after -3.2% +11.2% +150.0%
Revenue, next fiscal year $10.54BFY2026 $6.10BFY2026 $765.58MFY2026
Revenue growth, next FY +6.1%FY2026 +16.1%FY2026 +8.7%FY2026
Revenue growth, the year after +16.0% +13.7% +30.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersICENDAQSIFY
Held by institutions 92.5% 83.8% 4.6%
Institutions holding 1,653 1,082 42
Change in shares held, QoQ +1.4% +1.0% +2.8%
Institutions buying 735 538 27
Institutions selling 694 397 4
Buyers to sellers 1.06 1.36 6.75

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ICENDAQSIFY
ICE 1.00 0.64 -0.06
NDAQ 0.64 1.00 0.07
SIFY -0.06 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ICE, NDAQ and SIFY?

Intercontinental Exchange (ICE) is the largest by market capitalisation: Intercontinental Exchange (ICE) $87.24B, Nasdaq (NDAQ) $58.82B, Sify Technologies (SIFY) $907.29M.

Which stock is cheaper, ICE, NDAQ and SIFY?

Intercontinental Exchange (ICE) trades on the lowest price-to-earnings ratio (Intercontinental Exchange (ICE) 21.6x, Nasdaq (NDAQ) 28.2x, Sify Technologies (SIFY) -58.7x). On next year's consensus earnings, Intercontinental Exchange (ICE) is cheapest (Intercontinental Exchange (ICE) 17.9x, Nasdaq (NDAQ) 25.9x, Sify Technologies (SIFY) 615.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nasdaq (NDAQ) grew revenue fastest over the trailing twelve months: Intercontinental Exchange (ICE) +6.9%, Nasdaq (NDAQ) +11.5%, Sify Technologies (SIFY) +5.7%.

Which company is more profitable?

Intercontinental Exchange (ICE) has the highest net margin (Intercontinental Exchange (ICE) 30.1%, Nasdaq (NDAQ) 22.8%, Sify Technologies (SIFY) -4.0%). On return on invested capital, Nasdaq (NDAQ) leads (Intercontinental Exchange (ICE) 8.5%, Nasdaq (NDAQ) 10.5%, Sify Technologies (SIFY) 5.4%).

Which stock has performed better?

Over the past year Nasdaq (NDAQ) returned the most: Intercontinental Exchange (ICE) -2.8%, Nasdaq (NDAQ) +17.5%, Sify Technologies (SIFY) +1.6%. Over five years, Nasdaq (NDAQ) compounded fastest (Intercontinental Exchange (ICE) +2.8%/yr, Nasdaq (NDAQ) +8.6%/yr, Sify Technologies (SIFY) -9.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Intercontinental Exchange (ICE) 0.01%, Nasdaq (NDAQ) 0.00%, Sify Technologies (SIFY) 0.00%. Nasdaq (NDAQ) and Sify Technologies (SIFY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Intercontinental Exchange (ICE) has been the steadiest (Intercontinental Exchange (ICE) 25.8%, Nasdaq (NDAQ) 28.5%, Sify Technologies (SIFY) 61.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ICE, NDAQ and SIFY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Intercontinental Exchange (ICE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.