Marcus & Millichap Inc
NYSE:MMI

Watchlist Manager
Marcus & Millichap Inc Logo
Marcus & Millichap Inc
NYSE:MMI
Watchlist
Price: 34.51 USD -2.27% Market Closed
Market Cap: 1.3B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one MMI stock under the Base Case scenario is 39.51 USD. Compared to the current market price of 34.51 USD, Marcus & Millichap Inc is Undervalued by 13%.

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.

MMI Relative Value
Base Case
39.51 USD
Undervaluation 13%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.9
P/S
P/S
Price to Sales
1.9
vs History
25
vs Industry
60
Median 3Y
1.5
Median 5Y
1.5
Industry
3.6
Forward
1.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
31
Median 3Y
7.9
Median 5Y
12.6
Industry
16.3
Forward
426.7
More Details
61.8
P/OCF
P/OCF
Price to OCF
61.8
vs History
19
vs Industry
4
Median 3Y
-17.9
Median 5Y
8.7
Industry
11.1
More Details
100.9
P/FCFE
P/FCFE
Price to FCFE
100.9
vs History
9
vs Industry
3
Median 3Y
-15.2
Median 5Y
7.2
Industry
13
More Details
2.1
P/B
P/B
Price to Book Value
2.1
vs History
53
vs Industry
13
Median 3Y
2.1
Median 5Y
2.2
Industry
0.8
More Details
1.4
EV/S
EV/S
Enterprise Value to Sales
1.4
vs History
23
vs Industry
73
Median 3Y
1
Median 5Y
1.1
Industry
6.5
Forward
1.2
More Details
3.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
3.7
vs History
30
vs Industry
73
Median 3Y
3
Median 5Y
3.1
Industry
11.7
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
60
Median 3Y
3.4
Median 5Y
5.9
Industry
15.7
Forward
107.9
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
59
Median 3Y
3.6
Median 5Y
6.5
Industry
18.7
Forward
-200.3
More Details
45.7
EV/OCF
EV/OCF
Enterprise Value to OCF
45.7
vs History
19
vs Industry
9
Median 3Y
-12.4
Median 5Y
5.8
Industry
18.5
More Details
71.6
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
71.6
vs History
14
vs Industry
8
Median 3Y
-10.6
Median 5Y
5.8
Industry
20.3
More Details
2
EV/IC
EV/IC
Enterprise Value to IC
2
vs History
66
vs Industry
8
Median 3Y
2
Median 5Y
2.2
Industry
0.7
More Details

Multiples Across Competitors

MMI Competitors Multiples
Marcus & Millichap Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Marcus & Millichap Inc
NYSE:MMI
1.3B USD 1.9 -108.5 -60.8 -30.1
US
CBRE Group Inc
NYSE:CBRE
39.1B USD 1.1 40.4 19.2 27.7
CN
Ke Holdings Inc
HKEX:2423
181.8B HKD 1.8 42.2 23.7 29.9
US
Zillow Group Inc
NASDAQ:ZG
16.3B USD 7.3 -145.5 243 -76.7
US
Jones Lang LaSalle Inc
NYSE:JLL
11.7B USD 0.5 21.3 11.6 14.9
CA
FirstService Corp
TSX:FSV
10.8B CAD 1.4 56 17.5 26.5
CA
Colliers International Group Inc
TSX:CIGI
8.7B CAD 1.3 37.7 12.9 20.7
US
Compass Inc
NYSE:COMP
4.7B USD 0.8 -30.3 -76.7 -31.8
UK
Cushman & Wakefield PLC
NYSE:CWK
2.3B USD 0.2 17.8 8.9 11.8
HK
China Overseas Property Holdings Ltd
HKEX:2669
18.2B HKD 1.3 12 6 6
US
Newmark Group Inc
NASDAQ:NMRK
2.1B USD 0.8 33.8 9.7 19.8
P/E Multiple
Earnings Growth PEG
US
Marcus & Millichap Inc
NYSE:MMI
Average P/E: 32.7
Negative Multiple: -108.5 		N/A N/A
US
CBRE Group Inc
NYSE:CBRE
40.4
36%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
42.2
-1%
N/A
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -145.5 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
21.3
26%
0.8
CA
FirstService Corp
TSX:FSV
56
N/A N/A
CA
Colliers International Group Inc
TSX:CIGI
37.7
42%
0.9
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -30.3 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
17.8
37%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
12
N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
33.8
77%
0.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Marcus & Millichap Inc
NYSE:MMI
Average EV/EBITDA: 39.2
Negative Multiple: -60.8 		N/A N/A
US
CBRE Group Inc
NYSE:CBRE
19.2
18%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
23.7
34%
0.7
US
Zillow Group Inc
NASDAQ:ZG
243
163%
1.5
US
Jones Lang LaSalle Inc
NYSE:JLL
11.6
14%
0.8
CA
FirstService Corp
TSX:FSV
17.5
N/A N/A
CA
Colliers International Group Inc
TSX:CIGI
12.9
16%
0.8
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -76.7 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
8.9
18%
0.5
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
6
N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
9.7
28%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Marcus & Millichap Inc
NYSE:MMI
Average EV/EBIT: 19.7
Negative Multiple: -30.1 		N/A N/A
US
CBRE Group Inc
NYSE:CBRE
27.7
25%
1.1
CN
K
Ke Holdings Inc
HKEX:2423
29.9
29%
1
US
Zillow Group Inc
NASDAQ:ZG
Negative Multiple: -76.7 N/A N/A
US
Jones Lang LaSalle Inc
NYSE:JLL
14.9
15%
1
CA
FirstService Corp
TSX:FSV
26.5
N/A N/A
CA
Colliers International Group Inc
TSX:CIGI
20.7
15%
1.4
US
C
Compass Inc
NYSE:COMP
Negative Multiple: -31.8 N/A N/A
UK
Cushman & Wakefield PLC
NYSE:CWK
11.8
18%
0.7
HK
C
China Overseas Property Holdings Ltd
HKEX:2669
6
N/A N/A
US
Newmark Group Inc
NASDAQ:NMRK
19.8
38%
0.5

See Also

Summary
MMI intrinsic value, competitors valuation, and company profile.
DCF Valuation
MMI stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MMI stock valuation using valuation multiples.
Wall Street Estimates
MMI price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MMI stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 242,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.