MarketAxess Holdings IncMKTX
Price$164.22Intrinsic value$217.9033% above price

Valuation

How Intrinsic Value compares with model outputs

Intrinsic Value $217.90median of 6 methods · middle span $137-$260based on filings through 30 Jun 2026
Market Price $164.22Price as of 1 Oct 2026
Margin of Safety +32.7%as of 1 Oct 2026

Valuation methods vs. Market Price

Company vs. peer median Members

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Assumptions

ParameterValue
Years 1–5: analyst growth pathFive-year total matches analyst consensus exactly. Year 1: 7.2% (near-term consensus, capped) · years 2–5: 9.6%/yr (balance of the path).9.1% per year
Years 6–10: glide to demonstrated growth
Per-year rates
Yr 68.4%Yr 77.1%Yr 85.9%Yr 94.7%Yr 103.5%
9.6% → 3.5%
Years 11–20: glide to long-run rate
Per-year rates
Yr 113.5%Yr 123.4%Yr 133.4%Yr 143.3%Yr 153.3%Yr 163.2%Yr 173.2%Yr 183.1%Yr 193.1%Yr 203.0%
3.5% → 3.0%
Beyond year 20: terminal growthPerpetual long-run rate3.0%
Historical EPS growth (multi-year median)median of 3 windows (5/6/7y)3.5%
Discount rate (cost of equity) 9.1%
Volatility vs market (adjusted beta)0.91

Valuation Detail Members

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Assumptions Sandbox Members

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Compare with peers

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Best in rowHigher is betterLower is better—Data not available
TargetMarketAxess Holdings IncMKTXFinancials
Valuation
P/E19.4×
P/S6.6×
P/B4.6×
EV / Revenue—
EV / EBITDA—
Profitability
Gross margin100.0%
Operating margin43.2%
Net margin35.2%
FCF margin22.3%
Returns
ROE24.7%
ROA12.6%
ROIC27.6%
Growth
Revenue growth (YoY)6.5%
5-yr fwd EPS growth9.1%
Financial strength
Debt / Equity0.09×
Current ratio—
Altman Z-Score—
Interest coverage—
Dividend yield1.0%

Best value in each row is highlighted. Figures are periodic snapshots from the same filings used across each dossier; a dash means the figure is not available.

AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.