Marketaxess Holdings Inc
NASDAQ:MKTX

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Marketaxess Holdings Inc
NASDAQ:MKTX
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Price: 216.75 USD -1.03% Market Closed
Market Cap: 8.2B USD

Relative Value

The Relative Value of one MKTX stock under the Base Case scenario is 243.7 USD. Compared to the current market price of 216.75 USD, Marketaxess Holdings Inc is Undervalued by 11%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

MKTX Relative Value
Base Case
243.7 USD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
93
vs Industry
17
Median 3Y
12.4
Median 5Y
14.8
Industry
3
Forward
9.3
vs History
93
vs Industry
16
Median 3Y
36.1
Median 5Y
42.5
Industry
14.4
Forward
28
vs History
96
vs Industry
15
Median 3Y
29.1
Median 5Y
35.4
Industry
9.8
vs History
96
vs Industry
16
Median 3Y
34.4
Median 5Y
43.3
Industry
12.3
vs History
93
vs Industry
8
Median 3Y
8
Median 5Y
9.9
Industry
1.2
vs History
95
vs Industry
23
Median 3Y
12
Median 5Y
14.2
Industry
4.6
Forward
8.7
vs History
93
vs Industry
30
Median 3Y
12.9
Median 5Y
15.6
Industry
6.8
vs History
95
vs Industry
29
Median 3Y
22.6
Median 5Y
27.3
Industry
13.6
Forward
17.5
vs History
95
vs Industry
22
Median 3Y
27.6
Median 5Y
33.4
Industry
14
Forward
21.1
vs History
96
vs Industry
18
Median 3Y
27.9
Median 5Y
33.9
Industry
11.7
vs History
96
vs Industry
16
Median 3Y
33.1
Median 5Y
41
Industry
12.6
vs History
88
vs Industry
6
Median 3Y
9.6
Median 5Y
12
Industry
0.9

Multiples Across Competitors

MKTX Competitors Multiples
Marketaxess Holdings Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Marketaxess Holdings Inc
NASDAQ:MKTX
8.2B USD 10 29.8 18.4 22.4
US
S&P Global Inc
NYSE:SPGI
158.3B USD 11.1 41.1 24.2 29.1
US
Intercontinental Exchange Inc
NYSE:ICE
100.3B USD 8.5 36.4 19.7 26.6
US
CME Group Inc
NASDAQ:CME
94.3B USD 9.2 27.1 11.3 11.7
US
Moody's Corp
NYSE:MCO
83.2B USD 11.7 40.4 25.5 29.2
UK
London Stock Exchange Group PLC
LSE:LSEG
61.3B GBP 6.9 89.5 15.6 36
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
433.3B HKD 25 33.2 17.9 20.5
DE
Deutsche Boerse AG
XETRA:DB1
49.9B EUR 7.1 25.6 16.1 18.8
CN
East Money Information Co Ltd
SZSE:300059
363.1B CNY 36.7 45.2 42.1 42.1
US
Coinbase Global Inc
NASDAQ:COIN
44.1B USD 6.7 17.1 16.8 17.8
US
MSCI Inc
NYSE:MSCI
43.4B USD 15.2 39.1 27.8 31.1