NDAQ vs RELX vs VERX Stock Comparison

Nasdaq, Relx and Vertex Prices as of Nov 5, 2026 Peers: Industry group
NDAQ Nasdaq, Inc.
$106.83 +15.8% 1M +24.9% 1Y
Market cap
$59.66B
P/E
28.7x
Revenue (TTM)
$9.15B
Div. yield
1.09%
Exchanges Financial Services
7 wins
RELX Relx Plc
$41.45 +21.8% 1M -7.0% 1Y
Market cap
$75.40B
P/E
–
Revenue (TTM)
—
Div. yield
2.20%
Analytics and BI Technology
2 wins
VERX Vertex, Inc.
$17.59 +43.1% 1M -12.4% 1Y
Market cap
$2.84B
P/E
–
Revenue (TTM)
$808.60M
Div. yield
–
Compliance Software Technology
2 wins

Head to Head

11 decided of 12

Nasdaq leads on 7 of the 12 questions below (Nasdaq 7, Relx 2, Vertex 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNDAQRELXVERXLeader
Larger companyMarket capitalisation $59.66B $75.40B $2.84B RELX
Cheaper on earningsLower P/E, profitable companies only 28.7x — -60.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.5x 22.9x 22.6x VERX
Faster revenue growthRevenue growth, trailing twelve months +11.5% — +10.4% NDAQ
More profitableNet margin, trailing twelve months 22.8% — -5.8% NDAQ
Better return on capitalReturn on invested capital 10.5% — -3.2% NDAQ
Less leveragedLower net debt / EBITDA 2.4x — 1.2x VERX
Higher dividend yieldTrailing dividend yield 1.09% 2.20% — RELX
Better 1-year returnPrice return, last 12 months +24.9% -7.0% -12.4% NDAQ
Better 5-year returnAnnualised price return, 5 years +8.5%/yr +5.5%/yr -3.1%/yr NDAQ
Less volatileAnnualised volatility, 1 year 28.6% 35.6% 62.1% NDAQ
Higher overall scoreMean of the five percentile scores vs peers 53/100 — 37/100 NDAQ

Percentile Scorecard

NDAQRELXVERX

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

AxisNDAQRELXVERX
Valuation 42 #60 of 103 – 36 #64 of 100
Growth 42 #41 of 70 – 36 #64 of 99
Profitability 78 #17 of 74 – 43 #55 of 96
Financial Health 49 #52 of 100 18 #92 of 112 29 #80 of 112
Shareholder Returns 54 #19 of 40 42 #39 of 67 39 #41 of 67
Overall 53 – 37
  • NDAQ ranked among 110 companies in Capital Markets
  • RELX ranked among 113 companies in Business Applications
  • VERX ranked among 113 companies in Business Applications

Price Performance

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

Returns

PeriodNDAQRELXVERXSPY
1 month +15.8%+21.8%+43.1% -5.9%
3 months +12.8%+15.9%+52.0% -4.6%
6 months +20.0%+21.3%+19.9% +0.2%
Year to date +10.0%+2.5%-11.9% +7.5%
1 year +24.9%-7.0%-12.4% +8.2%
3 years +110.6%+17.1%-20.7% +68.3%
3 years, per year +28.2%+5.4%-7.5% +19.0%
5 years +50.6%+30.7%-14.4% +56.5%
5 years, per year +8.5%+5.5%-3.1% +9.4%
10 years +395.5%+136.9%— +251.5%
10 years, per year +17.4%+9.0%— +13.4%

Risk

MeasureNDAQRELXVERXSPY
Volatility, 1Y 28.6%35.6%62.1% 13.6%
Downside volatility, 1Y 30.3%36.3%61.7% 14.2%
Beta vs S&P 500, 1Y 0.570.140.09 1.00
Return / volatility, 1Y 0.87-0.20-0.20 0.60
Max drawdown, 5Y -33.1%-50.2%-82.1% -25.4%
From 52-week high -2.6%-7.0%-15.1% -5.9%
52-week high $109.70$44.58$20.71 $779.14
52-week low $76.85$27.73$10.58 $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.

MultipleNDAQRELXVERX
P/E now vs peer median 28.7xmedian 28.4x —median 24.7x -60.4xmedian 24.7x
P/S now vs peer median 6.5xmedian 2.9x —median 2.8x 3.5xmedian 2.8x
EV/EBITDA now vs peer median 20.0xmedian 13.2x —median 16.5x 29.4xmedian 16.5x
P/FCF now vs peer median 26.4xmedian 15.1x —median 15.3x 63.4xmedian 15.3x
P/B now vs peer median 5.0xmedian 2.3x 45.3xmedian 2.7x 15.8xmedian 2.7x
PEG now vs peer median 1.57median 0.47 —median 0.77 -10.64median 0.77

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 monthsNDAQRELXVERX
Revenue $9.15B – $808.60M
Gross profit $5.78B – $522.47M
Operating income $2.73B – -$17.35M
Net income $2.08B – -$47.10M
Free cash flow $2.26B – $44.86M
R&D – – $96.35M
EPS (diluted) $3.70 – $-0.29
Cash & equivalents $365.00M $291.59M $217.80M
Total debt $8.74B $3.11B $339.17M
Shares (diluted) 563.31M 1.84B 161.61M
Enterprise value $57.10B $74.52B $1.81B

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
MetricNDAQRELXVERX
P/E 28.7x – -60.4x
P/FCF 26.4x – 63.4x
P/Operating cash flow 23.4x – 17.3x
P/S 6.5x – 3.5x
P/B 5.0x 45.3x 15.8x
P/Tangible book 10.1x -30.6x 15.9x
EV/EBITDA 20.0x – 29.4x
EV/EBIT 24.9x – -170.9x
EV/Revenue 7.4x – 3.7x
EV/FCF 30.1x – 66.1x
EV/Operating cash flow 26.7x – 18.0x
PEG (3Y EPS CAGR) 1.57 – -10.64

Growth

14 metrics
MetricNDAQRELXVERX
Revenue growth (1Y) 11.5% – 10.4%
Revenue CAGR (3Y) 15.1% – 13.8%
Gross profit growth (1Y) 13.7% – 10.5%
Gross profit CAGR (3Y) 16.2% – 15.8%
Operating income growth (1Y) 23.1% – -112.5%
Operating income CAGR (3Y) 20.1% – 2.0%
Net income growth (1Y) 28.2% – 12.1%
Net income CAGR (3Y) 23.6% – -11.8%
EPS growth (1Y) 31.8% – 11.8%
EPS CAGR (3Y) 18.3% – 5.7%
Operating cash flow growth (1Y) 9.0% – 0.0%
Operating cash flow CAGR (3Y) 12.8% – 34.9%
Free cash flow growth (1Y) 7.6% – -41.6%
Free cash flow CAGR (3Y) 11.6% – 31.8%

Profitability

14 metrics
MetricNDAQRELXVERX
Gross margin 63.2% – 64.6%
EBITDA margin 37.0% – 12.5%
Operating margin 29.8% – -2.1%
Pretax margin 28.5% – -1.8%
Net margin 22.8% – -5.8%
FCF margin 24.7% – 5.5%
Operating cash flow margin 27.8% – 20.3%
Return on equity 17.4% – -22.4%
Return on assets 7.6% – -4.0%
Return on invested capital 10.5% – -3.2%
Return on capital employed 12.0% – -2.9%
Asset turnover 0.3x – 0.7x
Cash conversion (OCF / net income) 1.2x – -3.5x
Stock comp / revenue 1.9% – 7.3%

Financial Health

11 metrics
MetricNDAQRELXVERX
Debt / assets 31.9% 15.6% 29.0%
Debt / equity 0.7x 1.9x 1.9x
Net debt / EBITDA 2.4x – 1.2x
Debt / FCF 3.9x – 7.6x
Liabilities / assets 56.2% 91.7% 84.6%
Equity / assets 43.8% 8.3% 15.4%
Interest coverage 7.9x – –
Current ratio 1.0x – 0.7x
Quick ratio 0.4x 0.4x 0.6x
Cash ratio 0.1x 0.0x 0.4x
Altman Z-score 3.54 – 2.11

Shareholder Returns

7 metrics
MetricNDAQRELXVERX
Dividend yield 1.1% 2.2% –
Net buyback yield 2.5% – 2.6%
Shareholder yield 3.5% 2.2% 2.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusNDAQRELXVERX
Forward P/E 26.5xFY2026 22.9xFY2026 22.6xFY2026
EPS, next fiscal year $4.03FY2026 $1.81FY2026 $0.78FY2026
EPS growth, next FY +15.8%FY2026 +3.4%FY2026 +21.9%FY2026
EPS growth, the year after +11.2% +19.3% +38.5%
Revenue, next fiscal year $6.10BFY2026 $13.79BFY2026 $795.75MFY2026
Revenue growth, next FY +16.1%FY2026 +5.4%FY2026 +6.3%FY2026
Revenue growth, the year after +13.7% +0.4% +17.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNDAQRELXVERX
Held by institutions 83.8% 4.7% 46.0%
Institutions holding 1,084 441 229
Change in shares held, QoQ +1.0% +0.2% -7.0%
Institutions buying 538 222 135
Institutions selling 398 157 69
Buyers to sellers 1.35 1.41 1.96

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.

NDAQRELXVERX
NDAQ 1.00 0.51 0.47
RELX 0.51 1.00 0.55
VERX 0.47 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NDAQ, RELX and VERX?

Relx (RELX) is the largest by market capitalisation: Nasdaq (NDAQ) $59.66B, Relx (RELX) $75.40B, Vertex (VERX) $2.84B.

Which company is growing faster?

Nasdaq (NDAQ) grew revenue fastest over the trailing twelve months: Nasdaq (NDAQ) +11.5%, Vertex (VERX) +10.4%.

Which company is more profitable?

Nasdaq (NDAQ) has the highest net margin (Nasdaq (NDAQ) 22.8%, Vertex (VERX) -5.8%). On return on invested capital, Nasdaq (NDAQ) leads (Nasdaq (NDAQ) 10.5%, Vertex (VERX) -3.2%).

Which stock has performed better?

Over the past year Nasdaq (NDAQ) returned the most: Nasdaq (NDAQ) +24.9%, Relx (RELX) -7.0%, Vertex (VERX) -12.4%. Over five years, Nasdaq (NDAQ) compounded fastest (Nasdaq (NDAQ) +8.5%/yr, Relx (RELX) +5.5%/yr, Vertex (VERX) -3.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Relx (RELX) has the highest dividend yield: Nasdaq (NDAQ) 1.09%, Relx (RELX) 2.20%. Vertex (VERX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Nasdaq (NDAQ) has been the steadiest (Nasdaq (NDAQ) 28.6%, Relx (RELX) 35.6%, Vertex (VERX) 62.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NDAQ, RELX and VERX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nasdaq (NDAQ) leads on 7. 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.