Compare Stocks › NDAQ vs TXN
Nasdaq, Inc. (NDAQ) vs Texas Instruments Incorporated (TXN)
NDAQ
Nasdaq, Inc.
$92.54
VS
TXN
Texas Instruments Incorporated
$281.14
Rewards
NDAQ
- ★Gross margin of 100.0% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Each dollar of retained earnings has created $3.09 of earning power — management is an exceptional capital allocator.
- ★PEG ratio of 0.82 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.
TXN
- ★Texas Instruments Incorporated has maintained ROIC above 10% for 4 consecutive years, suggesting solid business economics.
- ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.
- ★Dividend yield of 2.02% with a consistent or growing payout over the past 4 years.
Risks
NDAQ
- ⚠Share count has increased by 16% over the past 4 years, diluting existing shareholders.
- ⚠FCF yield of 3.0% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠Insiders have sold $21.2M worth of stock in the past 3 months — significant insider liquidation.
TXN
- ⚠FCF yield of 1.0% is below 3%, meaning the market is pricing in substantial future growth to justify the current price.
- ⚠Trailing P/E of 48.1x is 78% above the historical average of 27.1x — the stock trades at a premium to its own history.
- ⚠18 insider sales totaling $79.2M with no purchases in the past 3 months — insiders are reducing their exposure.
Key Valuation Metrics
Learn more →NDAQ
TXN
Valuation
$1.56B
Free Cash Flow
$2.60B
2.98%
FCF Yield
1.02%
27.87
Trailing P/E
48.06
20.91
Forward P/E
30.76
Quality & Moat
9.61%
ROIC
17.87%
14.85%
ROE
29.81%
100.00%
Gross Margin
57.32%
0.82
PEG Ratio
1.54
Balance Sheet Safety
0.79
Debt / Equity
0.84
N/A
Interest Coverage
N/A
2.79
Net Debt / EBITDA
1.03
1.23%
Dividend Yield
2.02%
NDAQ: 6Ties: 1TXN: 5
NDAQTXN
Historical Fundamentals
Learn more →NDAQ
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
TXN
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →NDAQ
$10.58
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$2.38B
Δ Market Cap
+$25.19B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
TXN
$3.91
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$1.96B
Δ Market Cap
+$7.67B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →NDAQ
24.4% Overvalued
Price is 24.4% above estimated fair value
Current Price: $92.54
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $74.38
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
TXN
47.6% Overvalued
Price is 47.6% above estimated fair value
Current Price: $281.14
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $190.46
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →NDAQ
What growth rate is the market pricing in at $93?
+15.0%
Market-Implied Owner Earnings Growth
Standard FCF implies +16.9%
The market implies +15.0% Owner Earnings growth, roughly in line with history — reasonably priced.
Standard FCF implies +16.9%, reflecting ongoing growth investment.
TXN
What growth rate is the market pricing in at $281?
+21.0%
Market-Implied Owner Earnings Growth
Standard FCF implies +30.2%
The market implies +21.0% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +30.2%, reflecting heavy growth investment.
Economic Moat Score
Learn more →NDAQ
53/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving roic consistency would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
TXN
48/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with roic consistency as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →NDAQ
-2.58
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
TXN
-2.67
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →NDAQ
Insiders 10.9%Institutions 87.2%Retail & Other 1.9%
No. of Institutional Holders1,518
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
TXN
Insiders 0.3%Institutions 90.9%Retail & Other 8.8%
No. of Institutional Holders3,157
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →NDAQ
2
Buys (3M)
2
Buys (12M)
Total value (12M): $16.79M
TORGEBY JOHAN
Director
$958,320
@ $79.86 · 2026-02-17
INVESTOR AB
Beneficial Owner of more than 10% of a Class of Security
$15.84M
@ $79.18 · 2026-02-13
Open market purchases · includes direct & indirect ownership · excludes option exercises
TXN
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →NDAQ
7
Sells (3M)
25
Sells (12M)
Total value (12M): $84.66M
PETERSON BRADLEY J.
Chief Technology Officer
$700,222
@ $90.82 · 2026-04-28
TAL COHEN
Officer
$1.41M
@ $90.75 · 2026-04-27
DALY MICHELLE LYNN
Officer
$117,513
@ $88.82 · 2026-04-24
FRIEDMAN ADENA T
Chief Executive Officer
$9.71M
@ $85.44 · 2026-04-01
FRIEDMAN ADENA T
Chief Executive Officer
$8.36M
@ $90.08 · 2026-03-06
SMITH BRYAN EVERARD
Officer
$523,440
@ $87.24 · 2026-03-02
DALY MICHELLE LYNN
Officer
$352,934
@ $81.34 · 2026-02-19
FRIEDMAN ADENA T
Chief Executive Officer
$29.07M
@ $96.91 · 2026-02-02
ZECCA JOHN
Officer
$450,045
@ $100.01 · 2026-01-06
FRIEDMAN ADENA T
Chief Executive Officer
$28.92M
@ $96.39 · 2026-01-02
SKULE JEREMY
Officer
$190,650
@ $90.57 · 2025-12-01
SMITH BRYAN EVERARD
Officer
$419,611
@ $90.57 · 2025-12-01
SKULE JEREMY
Officer
$179,767
@ $85.40 · 2025-11-03
SKULE JEREMY
Officer
$185,703
@ $88.22 · 2025-10-01
SKULE JEREMY
Officer
$196,228
@ $93.22 · 2025-09-02
BEGLEY CHARLENE T
Director
$289,800
@ $96.60 · 2025-08-04
SKULE JEREMY
Officer
$201,006
@ $95.49 · 2025-08-01
DALY MICHELLE LYNN
Officer
$812,174
@ $93.45 · 2025-07-25
PETERSON BRADLEY J.
Chief Technology Officer
$1.02M
@ $88.87 · 2025-07-02
SKULE JEREMY
Officer
$187,703
@ $89.17 · 2025-07-01
SKULE JEREMY
Officer
$178,840
@ $85.00 · 2025-06-06
GRIGGS P C NELSON
Officer
$340,880
@ $85.22 · 2025-06-06
SKULE JEREMY
Officer
$87,694
@ $83.28 · 2025-06-02
GRIGGS P C NELSON
Officer
$664,240
@ $83.03 · 2025-05-27
SKULE JEREMY
Officer
$85,841
@ $81.52 · 2025-05-12
SMITH BRYAN EVERARD
Officer
$47,179
@ $71.81 · 2025-04-04
SMITH BRYAN EVERARD
Officer
$237,078
@ $75.70 · 2025-04-02
PETERSON BRADLEY J.
Chief Investment Officer
$174,646
@ $75.67 · 2025-04-02
YOUNGWOOD SARAH
Officer
$1.10M
@ $73.68 · 2025-03-17
SMITH BRYAN EVERARD
Officer
$289,730
@ $82.78 · 2025-03-03
PETERSON BRADLEY J.
Officer
$1.36M
@ $79.79 · 2025-02-26
TAL COHEN
Officer
$749,981
@ $83.75 · 2025-02-06
SMITH BRYAN EVERARD
Officer
$285,460
@ $81.56 · 2025-02-03
SKULE JEREMY
Officer
$976,485
@ $80.88 · 2024-12-09
SKULE JEREMY
Officer
$950,906
@ $78.75 · 2024-11-18
PETERSON BRADLEY J.
Officer
$940,636
@ $79.58 · 2024-11-13
GRIGGS P C NELSON
Officer
$798,600
@ $79.86 · 2024-11-11
SKULE JEREMY
Officer
$935,040
@ $77.92 · 2024-11-06
GRIGGS P C NELSON
President
$444,086
@ $77.34 · 2024-11-06
TAL COHEN
Officer
$806,651
@ $74.11 · 2024-11-01
GRIGGS P C NELSON
Officer
$758,460
@ $75.85 · 2024-10-29
PETERSON BRADLEY J.
Officer
$1.03M
@ $75.32 · 2024-10-28
ZECCA JOHN
Officer
$791,670
@ $71.97 · 2024-09-12
PETERSON BRADLEY J.
Officer
$2.71M
@ $67.79 · 2024-08-09
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
TXN
18
Sells (3M)
21
Sells (12M)
Total value (12M): $81.31M
GARY MARK
Officer
$3.82M
@ $279.25 · 2026-04-30
ROBERTS MARK T
Officer
$7.87M
@ $280.34 · 2026-04-30
YUNUS MOHAMMAD
Officer
$13.82M
@ $270.44 · 2026-04-29
KANE KATHARINE
General Counsel
$1.66M
@ $270.41 · 2026-04-27
BAHAI AHMAD
Officer
$982,359
@ $268.40 · 2026-04-27
RON AMICHAI
Officer
$5.00M
@ $272.43 · 2026-04-24
WITZSCHE CHRISTINE
Officer
$998,771
@ $275.52 · 2026-04-24
LEONARD SHANON J
Officer
$5.06M
@ $277.95 · 2026-04-24
LIZARDI RAFAEL R
Chief Financial Officer
$11.12M
@ $274.23 · 2026-04-24
BLUEDORN TODD M
Director
$1.18M
@ $274.25 · 2026-04-24
PATSLEY PAMELA H
Director
$1.19M
@ $276.11 · 2026-04-24
KOZANIAN HAGOP H
Officer
$1.55M
@ $225.95 · 2026-02-17
GARY MARK
Officer
$5.24M
@ $226.00 · 2026-02-11
BAHAI AHMAD
Officer
$1.50M
@ $230.79 · 2026-02-11
LIZARDI RAFAEL R
Chief Financial Officer
$15.88M
@ $221.73 · 2026-02-11
ROBERTS MARK T
Officer
$986,604
@ $221.16 · 2026-02-09
BAHAI AHMAD
Officer
$670,387
@ $223.46 · 2026-02-05
BLINN MARK A
Director
$696,647
@ $221.58 · 2026-02-05
KIRK RONALD
Director
$1.62M
@ $162.33 · 2025-11-24
WITZSCHE CHRISTINE
Officer
$164,306
@ $164.31 · 2025-11-13
BAHAI AHMAD
Officer
$308,030
@ $205.35 · 2025-08-25
TEMPLETON RICHARD K
Chairman of the Board
$19.85M
@ $195.41 · 2025-02-28
TEMPLETON RICHARD K
Chairman of the Board
$38.65M
@ $199.20 · 2025-02-26
TEMPLETON RICHARD K
Chairman of the Board
$39.32M
@ $202.70 · 2025-02-24
CLARK JANET F
Director
$1.23M
@ $203.62 · 2025-02-24
BLINN MARK A
Director
$1.17M
@ $189.89 · 2025-02-19
LEONARD SHANON J
Officer
$401,241
@ $186.62 · 2025-02-18
BLINN MARK A
Director
$106,617
@ $180.71 · 2025-02-04
KIRK RONALD
Director
$2.14M
@ $203.33 · 2024-11-25
GARY MARK
Officer
$3.49M
@ $219.82 · 2024-11-08
ILAN HAVIV
Chief Executive Officer
$2.88M
@ $219.30 · 2024-11-08
YUNUS MOHAMMAD
Officer
$1.81M
@ $216.94 · 2024-11-07
BAHAI AHMAD
Officer
$472,514
@ $217.25 · 2024-11-07
LIZARDI RAFAEL R
Chief Financial Officer
$10.19M
@ $217.16 · 2024-11-07
GARY MARK
Officer
$940,296
@ $214.83 · 2024-11-06
WITZSCHE CHRISTINE
Officer
$27,941
@ $211.67 · 2024-11-06
ILAN HAVIV
Chief Executive Officer
$5.29M
@ $211.50 · 2024-11-06
SANCHEZ ROBERT E
Director
$2.09M
@ $208.80 · 2024-10-25
RON AMICHAI
Officer
$2.76M
@ $213.72 · 2024-08-29
GARY MARK
Officer
$3.22M
@ $212.63 · 2024-08-29
ROBERTS MARK T
Officer
$1.00M
@ $213.08 · 2024-08-29
PATSLEY PAMELA H
Director
$1.29M
@ $212.43 · 2024-08-29
BAHAI AHMAD
Officer
$892,427
@ $209.98 · 2024-08-27
YUNUS MOHAMMAD
Officer
$789,215
@ $208.90 · 2024-08-26
ILAN HAVIV
Chief Executive Officer
$251,324
@ $209.44 · 2024-08-26
GARY MARK
Officer
$939,037
@ $207.20 · 2024-08-23
KNECHT JULIE C.
Officer
$1.63M
@ $209.49 · 2024-08-23
LEONARD SHANON J
Officer
$588,301
@ $208.91 · 2024-08-23
HOBBY JEAN M
Director
$4.37M
@ $205.71 · 2024-08-22
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →NDAQ
😏Greed(63/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
TXN
😏Greed(69/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →NDAQ
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (63)
TXN
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (69)