Miami International Holdings, Inc. (MIAX)

Price$45.17

Favorite Metrics

Price vs S&P 500 (26W)-5.00%

Price vs S&P 500 (4W)6.03%

Market Capitalization$4.14B

P/E Ratio (Annual)35.44x

All Metrics

P/CF (Annual)24.67x

Book Value / Share (Quarterly)$10.30

P/TBV (Annual)5.87x

Revenue Growth (3Y)19.57%

Cash Flow / Share (Quarterly)$1.55

Price vs S&P 500 (YTD)-2.36%

Gross Margin (TTM)31.56%

Net Profit Margin (TTM)-5.13%

EPS (TTM)$-1.06

10-Day Avg Trading Volume1.19M

EPS Excl Extra (TTM)$-1.06

EPS (Annual)$-1.00

ROI (Annual)-7.93%

Gross Margin (Annual)31.56%

Cash / Share (Quarterly)$5.07

Revenue Growth QoQ (YoY)14.06%

P/E Normalized (Annual)35.44x

ROA (Last FY)-5.56%

EBITD / Share (TTM)$0.24

Operating Margin (TTM)-1.15%

Cash Flow / Share (Annual)$1.55

P/B Ratio4.70x

P/B Ratio (Quarterly)4.49x

Net Income / Employee (Annual)$-0

Net Interest Coverage (TTM)-0.17x

ROA (TTM)-6.32%

EPS Growth QoQ (YoY)952.27%

EPS Incl Extra (Annual)$-1.00

Current Ratio (Annual)2.54x

Quick Ratio (Quarterly)2.54x

3-Month Avg Trading Volume1.32M

EV / Free Cash Flow (Annual)27.89x

Revenue / Employee (TTM)$3

Tangible BV / Share (Quarterly)$7.88

P/S Ratio (Annual)3.04x

Asset Turnover (Annual)1.08x

52-Week High$51.38

EPS Excl Extra (Annual)$-1.00

26-Week Price Return3.74%

Quick Ratio (Annual)2.54x

13-Week Price Return5.64%

Total Debt / Equity (Annual)0.00x

Current Ratio (Quarterly)2.54x

Enterprise Value$3,707.931

Asset Turnover (TTM)1.23x

Revenue / Employee (Annual)$3

Pretax Margin (Annual)-5.03%

Cash / Share (Annual)$5.07

3-Month Return Std Dev32.21%

Net Income / Employee (TTM)$-0

ROE (Last FY)-7.95%

EPS Basic Excl Extra (Annual)$-1.00

P/FCF (TTM)31.14x

Receivables Turnover (TTM)13.22x

EV / Free Cash Flow (TTM)27.89x

Total Debt / Equity (Quarterly)0.00x

EPS Incl Extra (TTM)$-1.06

Receivables Turnover (Annual)13.22x

ROI (TTM)-10.15%

P/S Ratio (TTM)3.04x

Revenue / Share (Annual)$19.53

Tangible BV / Share (Annual)$7.88

Forward P/E31.44x

Year-to-Date Return1.78%

5-Day Price Return5.32%

EPS Normalized (Annual)$-1.00

Net Profit Margin (Annual)-5.13%

Month-to-Date Return16.06%

EBITD / Share (Annual)$0.27

Operating Margin (Annual)-1.15%

LT Debt / Equity (Annual)0.00x

P/CF (TTM)24.67x

LT Debt / Equity (Quarterly)0.00x

EPS Basic Excl Extra (TTM)$-1.06

P/TBV (Quarterly)5.87x

P/B Ratio (Annual)4.49x

Pretax Margin (TTM)-5.03%

Book Value / Share (Annual)$10.30

Price vs S&P 500 (13W)2.77%

Beta0.90x

P/FCF (Annual)31.14x

Revenue / Share (TTM)$16.87

ROE (TTM)-11.16%

52-Week Low$28.63

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

4.00

Industry Peers — Security Brokers & Dealers(30)

Symbol	P/E Ratio (Annual)	ROE (TTM)	Operating Margin (TTM)	Revenue Growth TTM (YoY)	Price
MIAXMiami International Holdings, Inc.	35.44x	-11.16%	-1.15%	—	$45.17
MSMorgan Stanley	17.78x	15.45%	18.94%	12.28%	$188.82
GSGoldman Sachs Group Inc.	15.90x	14.56%	17.75%	1.28%	$925.95
BLKBlackrock, Inc.	30.88x	10.65%	31.83%	22.35%	$1052.14
SCHWThe Charles Schwab Corporation	18.12x	17.90%	43.04%	8.11%	$92.28
IBKRInteractive Brokers Group, Inc. Class A Common Stock	140.86x	19.88%	45.77%	11.18%	$81.71
HOODRobinhood Markets, Inc. Class A Common Stock	43.39x	22.33%	46.81%	51.58%	$90.75
RJFRaymond James Financial, Inc.	14.01x	16.94%	16.78%	3.98%	$151.75
NMRNomura Holdings, Inc	11.72x	10.23%	11.46%	-4.21%	$8.61
SFStifel Financial Corp.	18.63x	11.96%	13.72%	6.65%	$82.32
SFBStifel Financial Corp.5.20 percent Senior Notes due 2047	18.63x	11.96%	13.72%	6.65%	$19.87

About

Miami International Holdings operates regulated marketplaces for options, equities, futures, and international securities through MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company provides trading, clearing, market data, and listing services powered by proprietary technology platforms.