Miami International HoldingsMIAX +4.58%39 EV-to-FCF is 19.32 as of Jul. 05, 2026, which is 15% below its 10-year median of 22.60. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 448 Capital Markets companies, Miami International Holdings ranks worse than 68.3% on this metric.
The historical rank and industry rank for Miami International Holdings's EV-to-FCF or its related term are showing as below:
MIAX'
s EV-to-FCF Range Over the Past 10 Years
Min: 19.32 Med: 22.6 Max: 485.16
Current: 19.32
During the past 6 years, the highest EV-to-FCF of Miami International Holdings was 485.16. The lowest was 19.32. And the median was 22.60.
MIAX's EV-to-FCF is ranked worse than 68.3% of 448
companies
in the Capital Markets industry
Industry Median: 9.26
vs MIAX: 19.32
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Miami International Holdings (NYSE:MIAX) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Miami International Holdings's PE Ratio (TTM) for today is calculated as:
Miami International Holdings's share price for today is $40.84.
Miami International Holdings's Earnings per Share (Diluted) 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 $0.906.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Miami International Holdings EV-to-FCF Related Terms
Miami International Holdings EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Miami International Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Miami International Holdings's EV-to-FCF falls into.
Miami International Holdings's current Enterprise Value is $3,410 Mil.
Miami International Holdings's Free Cash Flow 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 $177 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-FCF of 19.32 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Miami International Holdings and its competitors. This is 15% below median its historical median of 22.60. Over the past decade, Miami International Holdings' EV-to-FCF has ranged from 19.32 to 485.16. According to the industry distribution chart, Miami International Holdings ranks #306 out of 448 companies in the Capital Markets industry, placing it in the top 68.3%.
Is Miami International Holdings' EV-to-FCF too high?
Miami International Holdings' current EV-to-FCF of 19.32 is 15% below median its 10-year median of 22.60. Over the past 10 years, this metric has ranged from a low of 19.32 to a high of 485.16. The Capital Markets industry median EV-to-FCF is 9.26. Miami International Holdings' value of 19.32 is 108.6% above this industry median. Based on the distribution chart, Miami International Holdings ranks #306 out of 448 companies in the Capital Markets industry, which is below the industry midpoint. 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-FCF compare to PJT and LAZ?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #306 out of 448 companies for EV-to-FCF. This places Miami International Holdings in the lower half of its industry. The industry median EV-to-FCF is 9.26. Miami International Holdings' value of 19.32 is 108.6% above this benchmark. Historically, Miami International Holdings' own EV-to-FCF has ranged from 19.32 to 485.16 over the past decade. While the company's 10-year median is 22.60 vs. the industry median of 9.26, 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-FCF for a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.26, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miami International Holdings's current EV-to-FCF of 19.32 is 108.6% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Miami International Holdings and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current EV-to-FCF is 19.32, which is 15% below median its own 10-year median of 22.60. 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-FCF of 19.32. The current EV-to-FCF is 19.32, which is 15% below median its 10-year median of 22.60 and 108.6% above the Capital Markets industry median of 9.26. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Miami International Holdings (MIAX), the current EV-to-FCF is 19.32 as of Jul. 05, 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.
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