Miami International vs MarketAxess
MIAX and MKTX side by side, both in security brokers, dealers, and flotation. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How MIAX and MKTX compare
MarketAxess is the larger company, worth 1.6 times as much as Miami International ($5.8B against $3.7B).
On earnings, Miami International is cheaper: it trades at 13.2× trailing earnings, against 20.2× for MarketAxess.
Miami International grew revenue faster over the last twelve months (14.0% versus 3.9% for MarketAxess).
MarketAxess keeps more of each dollar of sales as profit, with a net margin of 33.5% compared with 19.8% at Miami International.
MarketAxess pays a dividend yielding 2.3%; Miami International does not pay one.
MarketAxess scores higher on the StockData Score (14 against 12 for Miami International), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | MIAX | MKTX |
|---|---|---|
| Size and price | ||
| Market cap | $3.7B | $5.8B |
| Share price | $37.08 | $165.22 |
| Change, 1 year | −27.2% | −2.7% |
| Change, 5 years | – | −54.1% |
| Beta (5Y) | 0.94 | 0.62 |
| Employees | 439 | 868 |
| StockData Score | ||
| Total score | 12 | 14 (better) |
| Valuation score | 2 | 3 (better) |
| Growth score | 2 (better) | 1 |
| Performance score | 3 | 4 (better) |
| Health score | 5 (better) | 4 |
| Dividend score | 0 | 2 (better) |
| Valuation | ||
| P/E | 13.2× (better) | 20.2× |
| P/S | 2.4× (better) | 6.7× |
| P/B | 3.0× (better) | 4.6× |
| EV/EBITDA | 15.1× | 13.2× (better) |
| P/FCF | 16.7× | 16.5× (better) |
| FCF yield | 6.0% | 6.1% (better) |
| Fair value | $38.85 | $192.81 |
| Margin of safety | 4.6% | 14.3% (better) |
| Growth | ||
| Revenue growth (TTM) | 14.0% (better) | 3.9% |
| Revenue growth, 5Y average | – | 4.2% |
| Net income growth (TTM) | – | 33.0% |
| EPS growth (TTM) | – | 38.9% |
| EPS growth, 5Y average | – | −3.3% |
| Profitability | ||
| Gross margin | 34.9% | – |
| Operating margin | 10.9% | 39.1% (better) |
| Net margin | 19.8% | 33.5% (better) |
| FCF margin | 14.6% | 40.4% (better) |
| Return on equity | 28.9% (better) | 22.0% |
| Return on invested capital | 34.1% (better) | 30.3% |
| Financial health | ||
| Debt / equity | 0.00 (better) | 0.07 |
| Net debt / EBITDA | −3.52 | −0.69 |
| Interest coverage | 533× (better) | 47.6× |
| Current ratio | 3.10 | – |
| Altman Z-score | 7.06 (better) | 5.43 |
| Piotroski F-score | 7 (better) | 6 |
| Dividends and buybacks | ||
| Dividend yield | – | 2.3% |
| Years of dividend growth | – | 12 |
| Dividend growth, 5Y average | – | 4.8% |
| Buyback yield | 0.71% | 5.2% (better) |
| Shareholder yield | 0.71% | 7.5% (better) |
| Ownership | ||
| Held by institutions | 72.6% | 111% |
| Held by insiders | 23.0% | 2.5% |
| Insider net buying, 12 months | −$85.8M | −$1.2M (better) |
| Short interest, % of float | 9.3% | 11.4% |
Go deeper
- MIAX stock overview
- MIAX income statement
- MIAX valuation and score
- MKTX stock overview
- MKTX income statement
- MKTX valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.