NASDAQ
MKTX
Last Price
US $114.49
KEY FIGURES
MKT CAP
$4.0B
EPS
TTM
$8.77
PEG
TTM
N/M
P/E
TTM
13.29x
P/S
TTM
4.71x
YIELD
2.74%
GROWTH
Revenue Y/Y
Valuation
Financial
Performance
Financial stability - Cash flow debt coverage.
MarketAxess Holdings Inc. cash flow to debt ratio of 134.11% indicates that the company generates enough cash to cover a substantial portion of its debt. This level indicates very strong financial health.
Financial stability - Healthy cash flow growth.
MarketAxess Holdings Inc.'s free cash flow has increased 13.77% from $328.67M last year to $373.94M, signaling increasing performance
Financial stability - Healthy debt to equity ratio.
MarketAxess Holdings Inc.'s debt to equity ratio is 0.25, which means that the company's assets are healthy financed, signaling financial stability. READ MORE: A ratio under 0.60 means the company finances its assets with own equity, signaling financial stability and good management.
Financial risk - Healthy debt to equity ratio development.
MarketAxess Holdings Inc.'s debt has increased relative to shareholder equity from 0.05 last year to 0.25 today, signaling weakened financials
Financial stability - Net debt/EBITDA.
MarketAxess Holdings Inc. has a net debt to EBITDA ratio of 0.00x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Financial stability - ICR.
MarketAxess Holdings Inc. earns at least as much interest as it pays. Interest obligations are fully covered.
Financial stability - Profit margin growth.
MarketAxess Holdings Inc.'s profit margin has increased (5.42%) in the last year from 33.52% to 35.34%, signaling increasing performance
Financial stability - Short term assets vs short term liabilities.
MarketAxess Holdings Inc.'s short-term assets of $1.08G exceed its short-term liabilities of $585.41M
Increasing performance - ROA.
MarketAxess Holdings Inc.'s return on assets of 13.45% is higher than the 5.00% threshold, indicating efficient asset utilization
Increasing performance - Absolute return on equity.
MarketAxess Holdings Inc.'s return on equity of 24.27%, is higher than 15.00%, indicating good performance
Increasing performance - Earnings quality.
MarketAxess Holdings Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Increasing performance - Earnings stability.
MarketAxess Holdings Inc. had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings
Increasing performance - Free cash flow.
MarketAxess Holdings Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Increasing performance - FCF yield.
MarketAxess Holdings Inc. has a free cash flow yield of 9.35%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Decreasing performance - Healthy earnings growth.
MarketAxess Holdings Inc.'s yearly earnings has decreased -10.05% since last year from $274.18M to $246.63M, signaling decreasing performance
Increasing performance - Healthy revenue growth.
MarketAxess Holdings Inc.'s yearly revenue has increased 3.57% since last year from $817.10M to $846.27M, signaling increasing performance
Increasing performance - ROIC.
ROIC 12.93% (Source: FMP key-metrics). At or above the 10% threshold. Score: 2 of 2. The company is generating returns above the upper end of the typical US weighted-average cost of capital range under this definition of invested capital.
Increasing performance - 3-year revenue CAGR.
MarketAxess Holdings Inc.'s 3-year revenue CAGR of 5.72% is positive, indicating growing revenue over the past 3 years
Increasing performance - Revenue consistency.
MarketAxess Holdings Inc. had revenue growth in 5.00 out of 5 years, indicating consistent revenue performance
Increasing performance - ROE consistency.
MarketAxess Holdings Inc. had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity
Undervalued - DCF valuation.
MarketAxess Holdings Inc. is undervalued relative to its fair value price of 128.34 based on Discounted Cash Flow model
Undervalued - Earnings yield.
MarketAxess Holdings Inc. has an earnings yield of 7.79%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings
Overvalued - EBITDA valuation.
MarketAxess Holdings Inc. is overvalued relative to its fair value price of 91.57 based on EBITDA multiple model
Undervalued - EV/EBITDA.
MarketAxess Holdings Inc. has an EV/EBITDA ratio of 8.36x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
Undervalued - PEG ratio value.
MarketAxess Holdings Inc. has a PEG-ratio under 1 which is considered undervalued
Undervalued - P/B ratio.
MarketAxess Holdings Inc. has a price-to-book ratio of 3.34x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Undervalued - P/S ratio.
MarketAxess Holdings Inc. has a price-to-sales ratio of 4.57x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue
Profit margin
Current Ratio
Capital Returns
24.27%
Return on equity
ROIC: 12.93%
Valuation History
13.3X
Price to Earnings
EV/EBITDA: 8.4X
Cash flow
Profit margin
4.27%
(FY vs FY)
EBITDA Y/Y
1.59%
(FY vs FY)
Cash flow Y/Y
0.83%
(FY vs FY)
Cash Flow (DCF)
Fair Value
Market $114.49
12.10%
Default assumptions
EBITDA Multiple
Fair Value
Market $114.49
-20.02%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.