MIAMI INTERNATIONAL HOLDINGS (MIAX) Fundamental Analysis & Valuation

NYSE:MIAX • US59356Q1085

Current stock price

43.11 USD
+0.22 (+0.51%)
Last:

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

2

1. MIAX Profitability Analysis

1.1 Basic Checks

  • MIAX had negative earnings in the past year.
  • In the past year MIAX had a positive cash flow from operations.
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 2025 0 50M -50M 100M 150M

1.2 Ratios

  • The Return On Assets of MIAX (-5.56%) is worse than 81.25% of its industry peers.
  • MIAX's Return On Equity of -7.95% is on the low side compared to the rest of the industry. MIAX is outperformed by 76.67% of its industry peers.
  • MIAX has a better Return On Invested Capital (8.13%) than 79.58% of its industry peers.
Industry RankSector Rank
ROA -5.56%
ROE -7.95%
ROIC 8.13%
ROA(3y)0.68%
ROA(5y)N/A
ROE(3y)2.38%
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 2025 0 5K 10K 15K 20K

1.3 Margins

  • MIAX has a Operating Margin of 6.95%. This is in the lower half of the industry: MIAX underperforms 69.58% of its industry peers.
  • In the last couple of years the Operating Margin of MIAX has grown nicely.
  • With a Gross Margin value of 31.56%, MIAX is not doing good in the industry: 64.58% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of MIAX has grown nicely.
Industry RankSector Rank
OM 6.95%
PM (TTM) N/A
GM 31.56%
OM growth 3Y92.73%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.78%
GM growth 5YN/A
MIAX Yearly Profit, Operating, Gross MarginsMIAX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2022 2023 2024 2025 0 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

2. MIAX Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, MIAX has more shares outstanding
  • Compared to 1 year ago, MIAX has an improved debt to assets ratio.
MIAX Yearly Shares OutstandingMIAX Yearly Shares OutstandingYearly Shares Outstanding 2022 2023 2024 2025 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 2025 200M 400M 600M 800M 1B

2.2 Solvency

  • MIAX has an Altman-Z score of 7.42. This indicates that MIAX is financially healthy and has little risk of bankruptcy at the moment.
  • MIAX's Altman-Z score of 7.42 is amongst the best of the industry. MIAX outperforms 92.92% of its industry peers.
  • There is no outstanding debt for MIAX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Altman-Z 7.42
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 2025 0 200M 400M 600M 800M

2.3 Liquidity

  • MIAX has a Current Ratio of 2.54. This indicates that MIAX is financially healthy and has no problem in meeting its short term obligations.
  • MIAX has a Current ratio of 2.54. This is in the better half of the industry: MIAX outperforms 80.00% of its industry peers.
  • MIAX has a Quick Ratio of 2.54. This indicates that MIAX is financially healthy and has no problem in meeting its short term obligations.
  • MIAX has a Quick ratio of 2.54. This is in the better half of the industry: MIAX outperforms 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 2.54
Quick Ratio 2.54
MIAX Yearly Current Assets VS Current LiabilitesMIAX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2022 2023 2024 2025 200M 400M 600M 800M

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

4

3. MIAX Growth Analysis

3.1 Past

  • The earnings per share for MIAX have decreased strongly by -180.21% in the last year.
  • MIAX shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.65%.
  • Measured over the past years, MIAX shows a quite strong growth in Revenue. The Revenue has been growing by 19.57% on average per year.
EPS 1Y (TTM)-180.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%826%
Revenue 1Y (TTM)19.65%
Revenue growth 3Y19.57%
Revenue growth 5YN/A
Sales Q2Q%-61.56%

3.2 Future

  • MIAX is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.39% yearly.
  • MIAX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.64% yearly.
EPS Next Y-12.97%
EPS Next 2Y-0.5%
EPS Next 3Y3.39%
EPS Next 5YN/A
Revenue Next Year19.84%
Revenue Next 2Y15.86%
Revenue Next 3Y10.64%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
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.
  • Based on the Price/Forward Earnings ratio of 28.70, the valuation of MIAX can be described as expensive.
  • Based on the Price/Forward Earnings ratio, MIAX is valued a bit more expensive than 70.00% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of MIAX to the average of the S&P500 Index (37.96), we can say MIAX is valued slightly cheaper.
Industry RankSector Rank
PE N/A
Fwd PE 28.7
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 63.75% 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 30.02
EV/EBITDA 28.49
MIAX Per share dataMIAX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.5%
EPS Next 3Y3.39%

More info and screens

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

0

5. MIAX Dividend Analysis

5.1 Amount

  • MIAX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

MIAX Fundamentals: All Metrics, Ratios and Statistics

MIAMI INTERNATIONAL HOLDINGS

NYSE:MIAX (4/14/2026, 2:42:08 PM)

43.11

+0.22 (+0.51%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-25
Earnings (Next)N/A
Inst Owners41.44%
Inst Owner Change0.14%
Ins Owners9.56%
Ins Owner Change-3.16%
Market Cap3.99B
Revenue(TTM)1.36B
Net Income(TTM)-70.03M
Analysts80
Price Target51 (18.3%)
Short Float %4.05%
Short Ratio2.26
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.42%
Min EPS beat(2)24.34%
Max EPS beat(2)36.5%
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)108.45%
Min Revenue beat(2)0.3%
Max Revenue beat(2)216.6%
Revenue beat(4)4
Avg Revenue beat(4)168.06%
Min Revenue beat(4)0.3%
Max Revenue beat(4)248.77%
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)0%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)16.23%
EPS NY rev (1m)7.22%
EPS NY rev (3m)11.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.05%
Revenue NY rev (1m)0.67%
Revenue NY rev (3m)0.73%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 28.7
P/S 2.93
P/FCF 30.02
P/OCF 23.78
P/B 4.53
P/tB 6.53
EV/EBITDA 28.49
EPS(TTM)-1.06
EYN/A
EPS(NY)1.5
Fwd EY3.48%
FCF(TTM)1.44
FCFY3.33%
OCF(TTM)1.81
OCFY4.2%
SpS14.73
BVpS9.52
TBVpS6.61
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -5.56%
ROE -7.95%
ROCE 10.29%
ROIC 8.13%
ROICexc 15.34%
ROICexgc 34.19%
OM 6.95%
PM (TTM) N/A
GM 31.56%
FCFM 9.75%
ROA(3y)0.68%
ROA(5y)N/A
ROE(3y)2.38%
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 3Y73.84%
ROICexgc growth 5YN/A
ROICexc growth 3Y80.72%
ROICexc growth 5YN/A
OM growth 3Y92.73%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.78%
GM growth 5YN/A
F-Score5
Asset Turnover1.08
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0.01
Debt/EBITDA 0
Cap/Depr 118.68%
Cap/Sales 2.56%
Interest Coverage 9.65
Cash Conversion 135.08%
Profit Quality N/A
Current Ratio 2.54
Quick Ratio 2.54
Altman-Z 7.42
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)136.24%
Cap/Depr(5y)N/A
Cap/Sales(3y)2.82%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-180.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%826%
EPS Next Y-12.97%
EPS Next 2Y-0.5%
EPS Next 3Y3.39%
EPS Next 5YN/A
Revenue 1Y (TTM)19.65%
Revenue growth 3Y19.57%
Revenue growth 5YN/A
Sales Q2Q%-61.56%
Revenue Next Year19.84%
Revenue Next 2Y15.86%
Revenue Next 3Y10.64%
Revenue Next 5YN/A
EBIT growth 1Y3458.19%
EBIT growth 3Y130.45%
EBIT growth 5YN/A
EBIT Next Year104.32%
EBIT Next 3Y33.28%
EBIT Next 5YN/A
FCF growth 1Y83.57%
FCF growth 3Y9.38%
FCF growth 5YN/A
OCF growth 1Y50.61%
OCF growth 3Y11.33%
OCF growth 5YN/A

MIAMI INTERNATIONAL HOLDINGS / MIAX Fundamental Analysis FAQ

What is the fundamental rating for MIAX stock?

ChartMill assigns a fundamental rating of 4 / 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.


Can you provide the profitability details for MIAMI INTERNATIONAL HOLDINGS?

MIAMI INTERNATIONAL HOLDINGS (MIAX) has a profitability rating of 2 / 10.