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MarketAxess Holdings (MarketAxess Holdings) PEG Ratio : 2.65 (As of Apr. 26, 2024)


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What is MarketAxess Holdings PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, MarketAxess Holdings's PE Ratio without NRI is 29.43. MarketAxess Holdings's 5-Year EBITDA growth rate is 11.10%. Therefore, MarketAxess Holdings's PEG Ratio for today is 2.65.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for MarketAxess Holdings's PEG Ratio or its related term are showing as below:

MKTX' s PEG Ratio Range Over the Past 10 Years
Min: 0.68   Med: 2.71   Max: 6.55
Current: 2.65


During the past 13 years, MarketAxess Holdings's highest PEG Ratio was 6.55. The lowest was 0.68. And the median was 2.71.


MKTX's PEG Ratio is ranked worse than
65.58% of 308 companies
in the Capital Markets industry
Industry Median: 1.51 vs MKTX: 2.65

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


MarketAxess Holdings PEG Ratio Historical Data

The historical data trend for MarketAxess Holdings's PEG Ratio can be seen below:

* 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.

* Premium members only.

MarketAxess Holdings PEG Ratio Chart

MarketAxess Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.24 4.48 3.42 2.59 3.94

MarketAxess Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 3.70 2.77 2.59 3.94

Competitive Comparison of MarketAxess Holdings's PEG Ratio

For the Capital Markets subindustry, MarketAxess Holdings's PEG Ratio, along with its competitors' market caps and PEG Ratio 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.


MarketAxess Holdings's PEG Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's PEG Ratio distribution charts can be found below:

* The bar in red indicates where MarketAxess Holdings's PEG Ratio falls into.



MarketAxess Holdings PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

MarketAxess Holdings's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=29.427737226277/11.10
=2.65

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


MarketAxess Holdings  (NAS:MKTX) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


MarketAxess Holdings PEG Ratio Related Terms

Thank you for viewing the detailed overview of MarketAxess Holdings's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MarketAxess Holdings (MarketAxess Holdings) Business Description

Traded in Other Exchanges
Address
55 Hudson Yards, 15th Floor, New York, NY, USA, 10001
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.
Executives
Kevin M Mcpherson officer: Global Head of Sales C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Christopher R Concannon director, officer: President and COO BATS GLOBAL MARKETS, 8050 MARSHALL DRIVE, SUITE 120, LENEXA KS 66214
Scott Pintoff officer: General Counsel C/O MARKETAXESS HOLDINGS, INC., 55 HUDSON YARDS, FLOOR 15, NEW YORK NY 10001
Roupie Christophe Pierre Daniel officer: Head of Europe & Asia C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Steven L Begleiter director 650 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
Richard Leon Prager director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, 15TH FLOOR, NEW YORK NY 10001
Nicholas Themelis officer: Chief Information Officer C/O MARKETAXESS HOLDINGS INC., 140 BROADWAY, 42ND FLOOR, NEW YORK NY 10005
Naineshkumar Shantilal Panchal officer: Chief Information Officer C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, NEW YORK NY 10001
Antonio L Delise officer: Chief Financial Officer C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Richard M Mcvey director, officer: Chairman and CEO C/O MARKETAXESS HOLDINGS INC., 140 BROADWAY, 42ND FLOOR, NEW YORK NY 10005
Christopher N. Gerosa officer: Chief Financial Officer C/O PRIMUS ASSET MANAGEMENT, INC., 360 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10017
Xiaojia Charles Li director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, NEW YORK NY 10001
Stephen P Casper director C/O CHARTER ATLANTIC CORPORATION, 200 PARK AVENUE, NEW YORK NY 10166
Kourtney Gibson director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, 15TH FLOOR, NEW YORK NY 10001
Justin Gerald Gmelich director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, 15TH FLOOR, NEW YORK NY 10001