MKTX Valuation
Marketaxess Holdings Inc
$
189.000
- Overview
- Forecast
- Valuation
- Earnings
MKTX Relative Valuation
MKTX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MKTX is overvalued; if below, it's undervalued.
Historical Valuation
Marketaxess Holdings Inc (MKTX) is now in the Undervalued zone, suggesting that its current forward PE ratio of 23.99 is considered Undervalued compared with the five-year average of 43.78. The fair price of Marketaxess Holdings Inc (MKTX) is between 219.61 to 409.19 according to relative valuation methord. Compared to the current price of 189.00 USD , Marketaxess Holdings Inc is Undervalued By 13.94%.
Relative Value
Fair Zone
219.61-409.19
Current Price：189.00
13.94%
Undervalued
23.99
PE
1Y
3Y
5Y
Trailing
Forward
14.77
EV/EBITDA
Marketaxess Holdings Inc. (MKTX) has a current EV/EBITDA of 14.77. The 5-year average EV/EBITDA is 28.26. The thresholds are as follows: Strongly Undervalued below 6.75, Undervalued between 6.75 and 17.50, Fairly Valued between 39.02 and 17.50, Overvalued between 39.02 and 49.78, and Strongly Overvalued above 49.78. The current Forward EV/EBITDA of 14.77 falls within the Undervalued range.
17.70
EV/EBIT
Marketaxess Holdings Inc. (MKTX) has a current EV/EBIT of 17.70. The 5-year average EV/EBIT is 33.17. The thresholds are as follows: Strongly Undervalued below 9.91, Undervalued between 9.91 and 21.54, Fairly Valued between 44.81 and 21.54, Overvalued between 44.81 and 56.44, and Strongly Overvalued above 56.44. The current Forward EV/EBIT of 17.70 falls within the Undervalued range.
7.91
PS
Marketaxess Holdings Inc. (MKTX) has a current PS of 7.91. The 5-year average PS is 15.79. The thresholds are as follows: Strongly Undervalued below 2.82, Undervalued between 2.82 and 9.30, Fairly Valued between 22.27 and 9.30, Overvalued between 22.27 and 28.76, and Strongly Overvalued above 28.76. The current Forward PS of 7.91 falls within the Undervalued range.
17.27
P/OCF
Marketaxess Holdings Inc. (MKTX) has a current P/OCF of 17.27. The 5-year average P/OCF is 28.20. The thresholds are as follows: Strongly Undervalued below -6.04, Undervalued between -6.04 and 11.08, Fairly Valued between 45.32 and 11.08, Overvalued between 45.32 and 62.45, and Strongly Overvalued above 62.45. The current Forward P/OCF of 17.27 falls within the Historic Trend Line -Fairly Valued range.
22.17
P/FCF
Marketaxess Holdings Inc. (MKTX) has a current P/FCF of 22.17. The 5-year average P/FCF is 41.50. The thresholds are as follows: Strongly Undervalued below 14.32, Undervalued between 14.32 and 27.91, Fairly Valued between 55.08 and 27.91, Overvalued between 55.08 and 68.67, and Strongly Overvalued above 68.67. The current Forward P/FCF of 22.17 falls within the Undervalued range.
Marketaxess Holdings Inc (MKTX) has a current Price-to-Book (P/B) ratio of 5.06. Compared to its 3-year average P/B ratio of 7.81 , the current P/B ratio is approximately -35.15% higher. Relative to its 5-year average P/B ratio of 11.37, the current P/B ratio is about -55.44% higher. Marketaxess Holdings Inc (MKTX) has a Forward Free Cash Flow (FCF) yield of approximately 5.66%. Compared to its 3-year average FCF yield of 3.47%, the current FCF yield is approximately 63.27% lower. Relative to its 5-year average FCF yield of 2.83% , the current FCF yield is about 100.32% lower.
5.06
P/B
Median3y
7.81
Median5y
11.37
5.66
FCF Yield
Median3y
3.47
Median5y
2.83
Competitors Valuation Multiple
The average P/S ratio for MKTX's competitors is 4.69, providing a benchmark for relative valuation. Marketaxess Holdings Inc Corp (MKTX) exhibits a P/S ratio of 7.91, which is 68.61% above the industry average. Given its robust revenue growth of 11.10%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MKTX decreased by 22.35% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 193.54M to 215.02M.
The secondary factor is the Margin Expansion, contributed -1.34%to the performance.
Overall, the performance of MKTX in the past 1 year is driven by Revenue Growth. Which is more sustainable.
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FAQ
Is Marketaxess Holdings Inc (MKTX) currently overvalued or undervalued?
Marketaxess Holdings Inc (MKTX) is now in the Undervalued zone, suggesting that its current forward PE ratio of 23.99 is considered Undervalued compared with the five-year average of 43.78. The fair price of Marketaxess Holdings Inc (MKTX) is between 219.61 to 409.19 according to relative valuation methord. Compared to the current price of 189.00 USD , Marketaxess Holdings Inc is Undervalued By 13.94% .
What is Marketaxess Holdings Inc (MKTX) fair value?
How does MKTX's valuation metrics compare to the industry average?
What is the current P/B ratio for Marketaxess Holdings Inc (MKTX) as of Aug 13 2025?
What is the current FCF Yield for Marketaxess Holdings Inc (MKTX) as of Aug 13 2025?
What is the current Forward P/E ratio for Marketaxess Holdings Inc (MKTX) as of Aug 13 2025?