Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Miami International HoldingsMIAX -3.18%39 EV-to-EBIT is 62.86 as of Aug. 04, 2026, which is 383% above its 10-year median of 13.01. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 500 Capital Markets companies, Miami International Holdings ranks worse than 90.8% on this metric.
Miami International Holdings (NYSE:MIAX) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Miami International Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $3,124 Mil.
Miami International Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $61 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Miami International Holdings EV-to-EBIT Related Terms
Miami International Holdings EV-to-EBIT Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Miami International Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Miami International Holdings EV-to-EBIT vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Miami International Holdings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Miami International Holdings's EV-to-EBIT falls into.
Miami International Holdings's current Enterprise Value is $3,846 Mil.
Miami International Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $61 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Miami International Holdings (MIAX) has a EV-to-EBIT of 62.86 as of Aug. 04, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Miami International Holdings and its competitors. This is 383% above median its historical median of 13.01. According to the industry distribution chart, Miami International Holdings ranks #454 out of 500 companies in the Capital Markets industry, placing it in the top 90.8%.
Is Miami International Holdings' EV-to-EBIT too high?
Miami International Holdings' current EV-to-EBIT of 62.86 is 383% above median its 10-year median of 13.01. The Capital Markets industry median EV-to-EBIT is 9.80. Miami International Holdings' value of 62.86 is 541.4% above this industry median. Based on the distribution chart, Miami International Holdings ranks #454 out of 500 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Miami International Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' EV-to-EBIT compare to MKTX and GLXY?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #454 out of 500 companies for EV-to-EBIT. This places Miami International Holdings in the lower half of its industry. The industry median EV-to-EBIT is 9.80. Miami International Holdings' value of 62.86 is 541.4% above this benchmark. While the company's 10-year median is 13.01 vs. the industry median of 9.80, Miami International Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.80, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miami International Holdings's current EV-to-EBIT of 62.86 is 541.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Miami International Holdings and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current EV-to-EBIT is 62.86, which is 383% above median its own 10-year median of 13.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current EV-to-EBIT of 62.86. The current EV-to-EBIT is 62.86, which is 383% above median its 10-year median of 13.01 and 541.4% above the Capital Markets industry median of 9.80. Miami International Holdings' overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Miami International Holdings (MIAX), the current EV-to-EBIT is 62.86 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
39GF Score
Get the complete analysis for MIAX
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIAX has been successfully added to your 
