MIAX (Miami International Holdings) ROCE %: 39.73% (As of Mar. 2026)


MIAX Miami International Holdings Inc MIAX
39 GF Score
Price $40.84
! 2 Warning Signs
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What is Miami International Holdings ROCE %?

Miami International Holdings MIAX +4.58% 39 ROCE % is 39.73% as of Mar. 2026. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Miami International Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 39.73%.

Miami International Holdings  (NYSE:MIAX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Miami International Holdings ROCE % Related Terms

Miami International Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Miami International Holdings's ROCE % 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.

Miami International Holdings ROCE % Chart

Miami International Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -24.71 20.24 -1.01 28.36 -7.47

Miami International Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 -11.66 18.81 -51.37 13.81 39.73
MIAX
39GF Score
Miami International Holdings Inc MIAX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Miami International Holdings ROCE % Calculation

Miami International Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-55.693/( ( (973.651 - 405.222) + (1259.425 - 337.26) )/ 2 )
=-55.693/( (568.429+922.165)/ 2 )
=-55.693/745.297
=-7.47 %

Miami International Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=400.368/( ( (1259.425 - 337.26) + (1444.18 - 350.898) )/ 2 )
=400.368/( ( 922.165 + 1093.282 )/ 2 )
=400.368/1007.7235
=39.73 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 39.73% mean?
Miami International Holdings (MIAX) has a ROCE % of 39.73% as of Mar. 2026.
Is Miami International Holdings' ROCE % too high?
Miami International Holdings' current ROCE % is 39.73%. The Capital Markets industry median ROCE % is 5.67. Miami International Holdings' value of 39.73% is 600.7% above this industry median. 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' ROCE % compare to PJT and LAZ?
Miami International Holdings' ROCE % of 39.73% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.67. Miami International Holdings' value of 39.73% is 600.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Capital Markets company?
The median ROCE % among Capital Markets companies is 5.67, based on 692 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Miami International Holdings's current ROCE % of 39.73% is 600.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Capital Markets industry, the median ROCE % is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current ROCE % is 39.73%. 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 ROCE % of 39.73%. The current ROCE % is 39.73% and 600.7% above the Capital Markets industry median of 5.67. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Miami International Holdings (MIAX), the current ROCE % is 39.73% as of Mar. 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 Business Description

Address 7 Roszel Road, Suite 1A, Princeton, NJ, USA, 08540
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

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