Is StoneX Group, Inc. overvalued or undervalued?

As of 10 September 2025, the valuation grade for StoneX Group, Inc. has moved from very attractive to attractive, indicating a shift in perceived value. The company appears to be fairly valued given its P/E ratio of 15, which is lower than the peer average of approximately 17.35 for similar firms, and an EV to EBITDA ratio of 1.72, which also suggests a competitive valuation relative to its peers. Additionally, the company boasts a remarkable ROCE of 296.54%, highlighting its efficiency in generating returns on capital.
In comparison to its peers, Jefferies Financial Group, Inc. has a P/E of 29.53, while Evercore, Inc. is significantly more expensive with a P/E of 58.99. This positions StoneX favorably within the capital markets industry. Notably, the company's stock has outperformed the S&P 500 over multiple periods, with a year-to-date return of 46.88% compared to the S&P 500's 12.22%, and a five-year return of 306.33% against 96.61% for the index, reinforcing its strong performance narrative.