MarketAxess Holdings, Inc. (MKTX): Price and Financial Metrics

MKTX POWR Grades

• MKTX scores best on the Quality dimension, with a Quality rank ahead of 81% of US stocks.
• The strongest trend for MKTX is in Growth, which has been heading down over the past 47 weeks.
• MKTX ranks lowest in Sentiment; there it ranks in the 5th percentile.

MKTX Stock Summary

• MKTX's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 438.79 -- higher than 92.82% of US-listed equities with positive expected earnings growth.
• Price to trailing twelve month operating cash flow for MKTX is currently 64.94, higher than 93.01% of US stocks with positive operating cash flow.
• MKTX's price/sales ratio is 23.22; that's higher than the P/S ratio of 91.26% of US stocks.
• If you're looking for stocks that are quantitatively similar to Marketaxess Holdings Inc, a group of peers worth examining would be ICLR, MORN, PWR, CRL, and NAII.
• Visit MKTX's SEC page to see the company's official filings. To visit the company's web site, go to www.marketaxess.com.

MKTX Valuation Summary

• In comparison to the median Financial Services stock, MKTX's price/sales ratio is 700% higher, now standing at 25.6.
• Over the past 204 months, MKTX's price/earnings ratio has gone up 54.4.
• MKTX's price/sales ratio has moved up 19.3 over the prior 204 months.

Below are key valuation metrics over time for MKTX.

MKTX Growth Metrics

• Its 2 year revenue growth rate is now at 36.14%.
• Its 3 year net income to common stockholders growth rate is now at 76.71%.
• The 4 year net income to common stockholders growth rate now stands at 126.28%.

Over the past 18 months, MKTX's revenue has gone up $195,798,000.

The table below shows MKTX's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-06-30	707.15	252.834	288.452
2021-03-31	715.611	260.961	305.018
2020-12-31	689.125	404.489	299.377
2020-09-30	647.553	266.01	276.719
2020-06-30	615.144	382.055	262.945
2020-03-31	555.839	346.935	227.196

MKTX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MKTX has a Quality Grade of B, ranking ahead of 80.87% of graded US stocks.
• MKTX's asset turnover comes in at 0.5 -- ranking 43rd of 458 Trading stocks.
• PIPR, NHI, and HLNE are the stocks whose asset turnover ratios are most correlated with MKTX.

The table below shows MKTX's key quality metrics over time.