ScoreComparison
Company
Score
Quality
Valuation
Financial
Technical
Why is MarketAxess Holdings, Inc. ?
1
Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 22.62%
2
Poor long term growth as Net Sales has grown by an annual rate of 4.27% and Operating profit at -0.38%
3
Flat results in Mar 26
- OPERATING CASH FLOW(Y) Lowest at USD 277.43 MM
- INTEREST COVERAGE RATIO(Q) Lowest at 4,145.71
- DIVIDEND PAYOUT RATIO(Y) Lowest at 35.44%
4
With ROE of 21.53%, it has a expensive valuation with a 5.51 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -49.06%, its profits have fallen by -10.1%
5
High Institutional Holdings at 100%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
6
Below par performance in long term as well as near term
- Along with generating -49.06% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to MarketAxess Holdings, Inc. should be less than 10%
- Overall Portfolio exposure to Capital Markets should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Capital Markets)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is MarketAxess Holdings, Inc. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
MarketAxess Holdings, Inc.
-49.06%
-1.47
28.90%
S&P 500
20.78%
1.56
13.28%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.27%
EBIT Growth (5y)
-0.38%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
39.82%
Dividend Payout Ratio
45.78%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
50.58%
ROE (avg)
22.62%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
5.51
EV to EBIT
16.37
EV to EBITDA
13.20
EV to Capital Employed
10.07
EV to Sales
6.75
PEG Ratio
NA
Dividend Yield
4.10%
ROCE (Latest)
61.52%
ROE (Latest)
21.53%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend16What is working for the Company
NET PROFIT(Q)
At USD 77.88 MM has Grown at 416.97%
ROCE(HY)
Highest at 24.39%
DIVIDEND PER SHARE(HY)
Highest at USD 1.03
RAW MATERIAL COST(Y)
Fallen by -1.11% (YoY
NET SALES(Q)
Highest at USD 235.5 MM
PRE-TAX PROFIT(Q)
Highest at USD 103.89 MM
-18What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 277.43 MM
INTEREST COVERAGE RATIO(Q)
Lowest at 4,145.71
DIVIDEND PAYOUT RATIO(Y)
Lowest at 35.44%
DEBT-EQUITY RATIO
(HY)
Highest at -12.47 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.03 times
INTEREST(Q)
Highest at USD 2.89 MM
Here's what is working for MarketAxess Holdings, Inc.
Net Profit
At USD 77.88 MM has Grown at 416.97%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (USD MM)
Dividend per share
Highest at USD 1.03 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Net Sales
Highest at USD 235.5 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Pre-Tax Profit
Highest at USD 103.89 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Raw Material Cost
Fallen by -1.11% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for MarketAxess Holdings, Inc.
Interest
At USD 2.89 MM has Grown at 199.59%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
Interest Coverage Ratio
Lowest at 4,145.71
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Cash Flow
Lowest at USD 277.43 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Interest
Highest at USD 2.89 MM
in the last five periods and Increased by 199.59% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (USD MM)
Debt-Equity Ratio
Highest at -12.47 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Debtors Turnover Ratio
Lowest at 1.03 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Dividend Payout Ratio
Lowest at 35.44%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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