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MIAX

Hold

Miami International Holdings, Inc. · Financial Services · United States · $4.3B · Avg Vol: $52M/d

50
StockRank
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Q
72
V
24
M
47
P/E (TTM)
30.1x
ROE
18.1%
D/E
0.0x
Dividend %
—
Dir. Trades · 180d
−$53.9M →
Buybacks · 180d
$19.3M →

COMPANY DESCRIPTION

Miami International Holdings, Inc. (MIAX) is a leading developer and operator of regulated financial exchanges, specializing in options, equities, and futures trading. The company's competitive moat is built on its proprietary, ultra-low latency trading technology platform, which offers industry-leading execution speeds and reliability to market makers and institutional traders. By expanding its suite of proprietary products, such as SPIKES volatility index products, MIAX has established itself as a highly competitive alternative to legacy exchange operators.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue797.9M1.0B1.1B1.4B19.6%1.5B1.7B1.9B17.9%
EPS0.72-0.261.29-1.0033.2%1.441.721.9314.5%
Shares79.4M79.4M79.4M85.5M+7.7%99.2M———
Debt151.9M123.0M43.8M8.2M-62.2%23.1M———
Equity0.3M164.6M367.6M881.0M1379.6%————
Op CF121.6M-49.2M111.4M167.8M11.3%285.3M———
Inv CF-53.9M-64.1M-40.6M-101.3M—————
Fin CF-9.4M-16.6M29.4M214.8M—————
Loading 1Y...
PRICE (1Y)+2.3%
40.6042.2143.8245.4347.04Jul 20Aug 10Aug 28
SMA 50SMA 200

Close
$43.00
RSI (14)
47.6
52W High
$57.14
From 52W High
0.8%

SCORE BREAKDOWN

Quality
72
ROIC
6.6%79.2
ROE
18.1%81.2
GP/Assets
40.0%94.0
Op. Margin
23.4%41.4
FCF/Assets
n/mN/A
Piotroski
432.3
Int. Cover
16.6x62.2
D/E Ratio
0.02x81.7
Current Ratio
2.60x66.8
Value
24
P/E (TTM)
30.1x12.4
EV/EBITDA
n/mN/A
P/FCF
n/mN/A
P/B
3.7x12.9
P/S
2.9x62.3
Div Yield
—N/A
Momentum
47
52W High %
75%18.7
RS 6M
-12%27.3
SMA 50/200
0.97x22.4
EPS Rev 4W
+3.1%72.2
EPS Rev 12W
+5.8%86.2
EPS Improve
+34%66.4
Q Growth
88%83.6

FUNDAMENTALS

Market Cap
$4.3B
P/E (Forward)
22.5x
Gross Margin
34.3%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of MIAX are excluded.

TickerCompanyMkt CapStockRankSignal
MIAXMiami International Holdings, Inc.(you)$4.3B50Hold
PIPRPiper Sandler Companies$5.3B52Hold
BGCBGC Group, Inc.$5.8B55Hold
FIGRFigure Technology Solutions, Inc.$8.1B48Hold
MCMoelis & Company$5.1B61Hold
SNEXStoneX Group Inc.$8.3B53Hold
LAZLazard, Inc.$4.3B32Sell
MKTXMarketAxess Holdings Inc.$5.7B31Sell
JEFJefferies Financial Group Inc.$10.8B43Hold
PJTPJT Partners Inc.$7.8B67Buy

Peer medians: ROE 9.7% · P/E 13.1x · Gross margin 100.0%

Miami International Holdings, Inc. (MIAX): Stock Score Summary

Miami International Holdings, Inc. (MIAX) has a MoatMap StockRank of 50/100 based on Quality (72/100), Value (24/100), and Momentum (47/100) factor scores. The current signal is HOLD.

Miami International Holdings, Inc. (MIAX) is a leading developer and operator of regulated financial exchanges, specializing in options, equities, and futures trading. The company's competitive moat is built on its proprietary, ultra-low latency trading technology platform, which offers industry-leading execution speeds and reliability to market makers and institutional traders. By expanding its suite of proprietary products, such as SPIKES volatility index products, MIAX has established itself as a highly competitive alternative to legacy exchange operators.

Key Financial Metrics

Price$43.00
Market Cap$4.3B
P/E (TTM)30.13
P/E (Forward)22.50
Price/Book3.72
Return on Equity18.1%
Return on Invested Capital6.6%
Debt/Equity0.02x
Gross Margin34.3%
Operating Margin23.4%
Revenue Growth18.3%
Free Cash Flow$241M

Miami International Holdings, Inc. operates in the Capital Markets industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is Miami International Holdings, Inc.’s (MIAX) StockRank?
MoatMap’s StockRank for Miami International Holdings, Inc. (MIAX) is 50/100, with a Hold signal. It is a composite of Quality (72), Value (24), and Momentum (47) factor ranks across MoatMap’s 20,000+ stock universe.
Does Miami International Holdings, Inc. have an economic moat?
Miami International Holdings, Inc. (MIAX) has a Quality factor score of 72/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Miami International Holdings, Inc. a buy, hold, or sell?
MoatMap’s current signal for Miami International Holdings, Inc. (MIAX) is Hold, based on a StockRank of 50/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Miami International Holdings, Inc. in?
Miami International Holdings, Inc. (MIAX) operates in the Financial Services sector, specifically the Capital Markets industry (United States).
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