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.
MarketAxess HoldingsFRA:MWI -0.14%74 5-Year Yield-on-Cost % is 2.34 as of Aug. 05, 2026, which is 157% above its 10-year median of 0.91. GuruFocus rates FRA:MWI with a GF Score™ of 74/100 and a GF Value™ of €221.61 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 365 Capital Markets companies, MarketAxess Holdings ranks worse than 61.1% on this metric.
MarketAxess Holdings's yield on cost for the quarter that ended in Mar. 2026 was 2.34.
The historical rank and industry rank for MarketAxess Holdings's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:MWI'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.5 Med: 0.91 Max: 3.39
Current: 2.34
During the past 13 years, MarketAxess Holdings's highest Yield on Cost was 3.39. The lowest was 0.50. And the median was 0.91.
FRA:MWI's 5-Year Yield-on-Cost % is ranked worse than 61.1% of 365
companies
in the Capital Markets industry
Industry Median: 3.28
vs FRA:MWI: 2.34
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
MarketAxess Holdings 5-Year Yield-on-Cost % Related Terms
FRA:MWI vs MIAX, GLXY, LAZ: 5-Year Yield-on-Cost % Comparison
For the Capital Markets subindustry, MarketAxess Holdings's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where MarketAxess Holdings's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
MarketAxess Holdings (FRA:MWI) has a 5-Year Yield-on-Cost % of 2.34 as of Aug. 05, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MarketAxess Holdings and its competitors. This is 157% above median its historical median of 0.91. Over the past decade, MarketAxess Holdings' 5-Year Yield-on-Cost % has ranged from 0.50 to 3.39. According to the industry distribution chart, MarketAxess Holdings ranks #223 out of 365 companies in the Capital Markets industry, placing it in the top 61.1%.
Is MarketAxess Holdings' 5-Year Yield-on-Cost % too high?
MarketAxess Holdings' current 5-Year Yield-on-Cost % of 2.34 is 157% above median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.39. The Capital Markets industry median 5-Year Yield-on-Cost % is 3.28. MarketAxess Holdings' value of 2.34 is 28.7% below this industry median. Based on the distribution chart, MarketAxess Holdings ranks #223 out of 365 companies in the Capital Markets industry, which is below the industry midpoint. Overall, MarketAxess Holdings has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' 5-Year Yield-on-Cost % compare to MIAX and GLXY?
According to the Capital Markets industry distribution chart, MarketAxess Holdings ranks #223 out of 365 companies for 5-Year Yield-on-Cost %. This places MarketAxess Holdings in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 3.28. MarketAxess Holdings' value of 2.34 is 28.7% below this benchmark. Historically, MarketAxess Holdings' own 5-Year Yield-on-Cost % has ranged from 0.50 to 3.39 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 3.28, MarketAxess Holdings has consistently been below 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 5-Year Yield-on-Cost % for a Capital Markets company?
The median 5-Year Yield-on-Cost % among Capital Markets companies is 3.28, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MarketAxess Holdings's current 5-Year Yield-on-Cost % of 2.34 is 28.7% below 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on MarketAxess Holdings and its competitors. For the Capital Markets industry, the median 5-Year Yield-on-Cost % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarketAxess Holdings's current 5-Year Yield-on-Cost % is 2.34, which is 157% above median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketAxess Holdings stock overvalued right now?
Based on GuruFocus' analysis, MarketAxess Holdings (FRA:MWI) is currently considered Significantly Undervalued. The stock's GF Value™ is €221.61, compared to a current price of €139.10 — trading 37.2% below its estimated fair value. The current 5-Year Yield-on-Cost % is 2.34, which is 157% above median its 10-year median of 0.91 and 28.7% below the Capital Markets industry median of 3.28. MarketAxess Holdings' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For MarketAxess Holdings (FRA:MWI), the current 5-Year Yield-on-Cost % is 2.34 as of Aug. 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.
Is MarketAxess Holdings (FRA:MWI) Overvalued in 2026?
Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued.
The current stock price of €139.10 is trading 37.2% below its estimated GF Value™ of €221.61.
GuruFocus considers MarketAxess Holdings to be Significantly Undervalued.
Key valuation signals for FRA:MWI:
5-Year Yield-on-Cost %: 2.34 (157% above median its 10-year median of 0.91)
GF Value™: €221.61 vs. price of €139.10 (37.2% below fair value)
Industry Position: 28.7% below the Capital Markets median (#223 of 365)
No single metric tells the full story. See the FRA:MWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 US 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.
74GF Score
Get the complete analysis for FRA:MWI
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MWI has been successfully added to your 
