MIAMI INTERNATIONAL HOLDINGS (MIAX) Fundamental Analysis & Valuation

NYSE:MIAX • US59356Q1085

42.82 USD
+0.78 (+1.86%)
At close: Mar 4, 2026
42.82 USD
0 (0%)
After Hours: 3/4/2026, 4:01:16 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MIAX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall MIAX gets a fundamental rating of 3 out of 10. We evaluated MIAX against 238 industry peers in the Capital Markets industry. MIAX has a great financial health rating, but its profitability evaluates not so good. MIAX does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

1

1. MIAX Profitability Analysis

1.1 Basic Checks

  • MIAX had negative earnings in the past year.
  • MIAX had a positive operating cash flow in the past year.
MIAX Yearly Net Income VS EBIT VS OCF VS FCFMIAX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2022 2023 2024 0 50M -50M 100M

1.2 Ratios

  • The Return On Assets of MIAX (-7.92%) is worse than 82.35% of its industry peers.
  • With a Return On Equity value of -11.67%, MIAX is not doing good in the industry: 76.89% of the companies in the same industry are doing better.
  • Looking at the Return On Invested Capital, with a value of 5.35%, MIAX is in the better half of the industry, outperforming 70.17% of the companies in the same industry.
Industry RankSector Rank
ROA -7.92%
ROE -11.67%
ROIC 5.35%
ROA(3y)5.07%
ROA(5y)N/A
ROE(3y)7058.09%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MIAX Yearly ROA, ROE, ROICMIAX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2022 2023 2024 0 5K 10K 15K 20K

1.3 Margins

  • MIAX has a worse Operating Margin (4.50%) than 69.75% of its industry peers.
  • MIAX has a Gross Margin of 29.41%. This is in the lower half of the industry: MIAX underperforms 65.55% of its industry peers.
Industry RankSector Rank
OM 4.5%
PM (TTM) N/A
GM 29.41%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MIAX Yearly Profit, Operating, Gross MarginsMIAX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 0 5 10 15 20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. MIAX Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, MIAX has about the same amount of shares outstanding.
  • The debt/assets ratio for MIAX has been reduced compared to a year ago.
MIAX Yearly Shares OutstandingMIAX Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 20M 40M 60M 80M
MIAX Yearly Total Debt VS Total AssetsMIAX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2022 2023 2024 200M 400M 600M 800M

2.2 Solvency

  • MIAX has an Altman-Z score of 6.78. This indicates that MIAX is financially healthy and has little risk of bankruptcy at the moment.
  • MIAX's Altman-Z score of 6.78 is amongst the best of the industry. MIAX outperforms 88.66% of its industry peers.
  • MIAX has a debt to FCF ratio of 0.05. This is a very positive value and a sign of high solvency as it would only need 0.05 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.05, MIAX belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
  • A Debt/Equity ratio of 0.00 indicates that MIAX is not too dependend on debt financing.
  • The Debt to Equity ratio of MIAX (0.00) is better than 85.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.05
Altman-Z 6.78
ROIC/WACCN/A
WACCN/A
MIAX Yearly LT Debt VS Equity VS FCFMIAX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 2.27 indicates that MIAX has no problem at all paying its short term obligations.
  • MIAX's Current ratio of 2.27 is fine compared to the rest of the industry. MIAX outperforms 76.89% of its industry peers.
  • A Quick Ratio of 2.27 indicates that MIAX has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 2.27, MIAX is in the better half of the industry, outperforming 77.31% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.27
Quick Ratio 2.27
MIAX Yearly Current Assets VS Current LiabilitesMIAX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. MIAX Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 588.93% over the past year.
  • Looking at the last year, MIAX shows a quite strong growth in Revenue. The Revenue has grown by 9.52% in the last year.
EPS 1Y (TTM)588.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-3539%
Revenue 1Y (TTM)9.52%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%22.66%

3.2 Future

  • Based on estimates for the next years, MIAX will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.14% on average per year.
  • The Revenue is expected to decrease by -15.13% on average over the next years. This is quite bad
EPS Next Y38.05%
EPS Next 2Y5.85%
EPS Next 3Y9.89%
EPS Next 5Y11.14%
Revenue Next Year-61.69%
Revenue Next 2Y-32.47%
Revenue Next 3Y-20.05%
Revenue Next 5Y-15.13%

3.3 Evolution

MIAX Yearly Revenue VS EstimatesMIAX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
MIAX Yearly EPS VS EstimatesMIAX Yearly EPS VS EstimatesYearly EPS VS Estimates 2025 2026 2027 2028 0.5 1 1.5

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Find the best growth stocksShow best growing peers

2

4. MIAX Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for MIAX. In the last year negative earnings were reported.
  • The Price/Forward Earnings ratio is 30.57, which means the current valuation is very expensive for MIAX.
  • Based on the Price/Forward Earnings ratio, MIAX is valued a bit more expensive than 69.33% of the companies in the same industry.
  • MIAX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE N/A
Fwd PE 30.57
MIAX Price Earnings VS Forward Price EarningsMIAX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MIAX is valued a bit cheaper than 62.60% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MIAX is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 31.92
EV/EBITDA 39.85
MIAX Per share dataMIAX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • MIAX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y5.85%
EPS Next 3Y9.89%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MIAX Dividend Analysis

5.1 Amount

  • No dividends for MIAX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

MIAX Fundamentals: All Metrics, Ratios and Statistics

MIAMI INTERNATIONAL HOLDINGS

NYSE:MIAX (3/4/2026, 4:01:16 PM)

After market: 42.82 0 (0%)

42.82

+0.78 (+1.86%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-25
Earnings (Next)N/A
Inst Owners44.16%
Inst Owner Change31.85%
Ins Owners10.59%
Ins Owner Change1.72%
Market Cap3.92B
Revenue(TTM)1.32B
Net Income(TTM)-97.08M
Analysts80
Price Target51 (19.1%)
Short Float %3.2%
Short Ratio1.96
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)211.59%
Min Revenue beat(2)206.57%
Max Revenue beat(2)216.6%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.14%
PT rev (3m)8.7%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)0%
EPS NY rev (1m)0.59%
EPS NY rev (3m)29.95%
Revenue NQ rev (1m)0.47%
Revenue NQ rev (3m)0.59%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)5.25%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 30.57
P/S 2.97
P/FCF 31.92
P/OCF 24.52
P/B 4.71
P/tB 6.78
EV/EBITDA 39.85
EPS(TTM)-1.39
EYN/A
EPS(NY)1.4
Fwd EY3.27%
FCF(TTM)1.34
FCFY3.13%
OCF(TTM)1.75
OCFY4.08%
SpS14.4
BVpS9.09
TBVpS6.31
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -7.92%
ROE -11.67%
ROCE 6.77%
ROIC 5.35%
ROICexc 9.88%
ROICexgc 21.25%
OM 4.5%
PM (TTM) N/A
GM 29.41%
FCFM 9.31%
ROA(3y)5.07%
ROA(5y)N/A
ROE(3y)7058.09%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover1.08
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.05
Debt/EBITDA 0.02
Cap/Depr 135.48%
Cap/Sales 2.81%
Interest Coverage 4.67
Cash Conversion 184.42%
Profit Quality N/A
Current Ratio 2.27
Quick Ratio 2.27
Altman-Z 6.78
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)129.6%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.81%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)588.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-3539%
EPS Next Y38.05%
EPS Next 2Y5.85%
EPS Next 3Y9.89%
EPS Next 5Y11.14%
Revenue 1Y (TTM)9.52%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%22.66%
Revenue Next Year-61.69%
Revenue Next 2Y-32.47%
Revenue Next 3Y-20.05%
Revenue Next 5Y-15.13%
EBIT growth 1Y-1875.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year6892.57%
EBIT Next 3Y367.15%
EBIT Next 5Y217.53%
FCF growth 1Y196.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y326.52%
OCF growth 3YN/A
OCF growth 5YN/A

MIAMI INTERNATIONAL HOLDINGS / MIAX FAQ

What is the fundamental rating for MIAX stock?

ChartMill assigns a fundamental rating of 3 / 10 to MIAX.


What is the valuation status for MIAX stock?

ChartMill assigns a valuation rating of 2 / 10 to MIAMI INTERNATIONAL HOLDINGS (MIAX). This can be considered as Overvalued.


How profitable is MIAMI INTERNATIONAL HOLDINGS (MIAX) stock?

MIAMI INTERNATIONAL HOLDINGS (MIAX) has a profitability rating of 1 / 10.


What is the earnings growth outlook for MIAMI INTERNATIONAL HOLDINGS?

The Earnings per Share (EPS) of MIAMI INTERNATIONAL HOLDINGS (MIAX) is expected to grow by 38.05% in the next year.