MMI

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Marcus & Millichap, Inc. · Real Estate · United States · $1.2B · Avg Vol: $4M/d

Premium Grower: Strong business with the market behind it, but you are paying up for it.

70
StockRank
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Quality
67
Value
26
Momentum
72
P/E (TTM)
81.6x
peers 22.7x
ROE
2.4%
peers 4.8%
D/E
0.1x
peers 1.1x
Dividend %
1.6%
trailing yield
AI CONVICTION THESIS

Insufficient evidence for a screen-pass. Marcus & Millichap, Inc.: fails the quant gate on value (Q67/V25/M79; every leg must be >= 50). Absence of evidence is neutral; nothing adverse is known.

The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.

ABOUT MARCUS & MILLICHAP, INC.

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Marcus & Millichap, Inc. is a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services across various property types. The company leverages its proprietary technology platform and a vast network of specialized agents to efficiently connect buyers and sellers, particularly in the private client market. Its competitive advantage lies in its extensive market data, transaction volume, and focus on delivering liquidity for commercial real estate assets.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.3B645.9M696.1M755.2M-16.6%812.2M841.0M934.7M11.3%
EPS2.61-0.88-0.32-0.050.370.480.93-18.6%
Shares39.3M38.4M38.9M38.4M-2.1%37.9M
Debt82.1M87.7M84.2M78.3M-1.6%74.2M
Equity713.5M645.3M630.8M603.1M-5.4%
Op CF13.6M-72.4M21.7M66.7M69.7%93.1M
Inv CF-54.0M74.9M-9.9M-3.8M
Fin CF-105.6M-67.7M-28.8M-54.6M
Loading 1Y...
PRICE (1Y)-4.1%
30.1830.8231.4732.1132.75Aug 7Aug 28Sep 18
SMA 50SMA 200

Close
$30.18
RSI (14)
30.8
52W High
$33.28
From 52W High
0.9%

SCORE BREAKDOWN

Quality
67
ROIC
3.6%37.0
ROE
2.4%29.9
GP/Assets
37.0%97.2
Op. Margin
1.1%17.0
FCF/Assets
10.2%93.2
Piotroski
661.0
Int. Cover
37.5x82.7
D/E Ratio
0.13x88.4
Current Ratio
2.92x80.1
Value
26
P/E (TTM)
81.6x6.6
EV/EBITDA
48.7x8.2
P/FCF
14.6x53.6
P/B
2.0x16.4
P/S
1.4x75.5
Div Yield
1.6%13.5
Momentum
72
52W High %
91%78.9
RS 6M
2%80.5
SMA 50/200
1.10x89.2
EPS Rev 4W
0.0%50.5
EPS Rev 12W
+3.3%84.6
EPS Improve
+151%84.6
Q Growth
N/A

FUNDAMENTALS

Market Cap
$1.2B
P/E (Forward)
32.5x
Gross Margin
37.7%

SECTOR PEERS

Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of MMI are excluded.

TickerCompanyMkt CapStockRankSignal
MMIMarcus & Millichap, Inc.(you)$1.2B70Buy
NMRKNewmark Group, Inc.$3.9B62Hold
CWKCushman & Wakefield Limited$3.3B58Hold
AGNTAGNT, Inc$709M35Sell
RMRThe RMR Group Inc.$332M92Strong Buy
REAXReal REMAX Group Inc.$460M30Sell
CHCIComstock Holding Companies, Inc.$206M99Strong Buy
COMPCompass, Inc.$8.4B44Hold
STHOStar Holdings$119M89Strong Buy
SEGSeaport Entertainment Group Inc.$343M27Sell

Peer medians: ROE 4.8% · P/E 22.7x · Gross margin 67.3%

Company Deep Dive

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Marcus & Millichap, Inc. (MMI): Stock Score Summary

Marcus & Millichap, Inc. (MMI) has a MoatMap StockRank of 70/100 based on Quality (67/100), Value (26/100), and Momentum (72/100) factor scores. The current signal is BUY. Insufficient evidence for a screen-pass. Marcus & Millichap, Inc.: fails the quant gate on value (Q67/V25/M79; every leg must be >= 50). Absence of evidence is neutral; nothing adverse is known.

Marcus & Millichap, Inc. is a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services across various property types. The company leverages its proprietary technology platform and a vast network of specialized agents to efficiently connect buyers and sellers, particularly in the private client market. Its competitive advantage lies in its extensive market data, transaction volume, and focus on delivering liquidity for commercial real estate assets.

Key Financial Metrics

Price$30.18
Market Cap$1.2B
P/E (TTM)81.57
P/E (Forward)32.45
Price/Book1.97
Return on Equity2.4%
Return on Invested Capital3.6%
Debt/Equity0.13x
Gross Margin37.7%
Operating Margin1.1%
Revenue Growth17.8%
Dividend Yield1.6%
Free Cash Flow$85M

Marcus & Millichap, Inc. operates in the Real Estate Services industry, part of the Real Estate sector (United States).

Frequently Asked Questions

What is Marcus & Millichap, Inc.’s (MMI) StockRank?
MoatMap’s StockRank for Marcus & Millichap, Inc. (MMI) is 70/100, with a Buy signal. It is a composite of Quality (67), Value (26), and Momentum (72) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Marcus & Millichap, Inc. have an economic moat?
Marcus & Millichap, Inc. (MMI) has a Quality factor score of 67/100. 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 Marcus & Millichap, Inc. a buy, hold, or sell?
MoatMap’s current signal for Marcus & Millichap, Inc. (MMI) is Buy, based on a StockRank of 70/100. 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 Marcus & Millichap, Inc. in?
Marcus & Millichap, Inc. (MMI) operates in the Real Estate sector, specifically the Real Estate Services industry (United States).