MARCUS & MILLICHAP INC (MMI) Stock Fundamental Analysis
USA - NYSE:MMI - US5663241090 - Common Stock
30.395 USD
+0.52 (+1.76%)
Taking everything into account, MMI scores 5 out of 10 in our fundamental rating. MMI was compared to 64 industry peers in the Real Estate Management & Development industry. While MMI has a great health rating, there are worries on its profitability. MMI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MMI had negative earnings in the past year.
MMI had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MMI reported negative net income in multiple years.
MMI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -1.55%, MMI is in line with its industry, outperforming 43.75% of the companies in the same industry.
MMI has a Return On Equity (-2.02%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -2.02% | ||
| ROIC | N/A |
ROA(3y)1.7%
ROA(5y)4.84%
ROE(3y)2.46%
ROE(5y)7.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Gross Margin value of 37.80%, MMI is doing good in the industry, outperforming 67.19% of the companies in the same industry.
In the last couple of years the Gross Margin of MMI has remained more or less at the same level.
MMI does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.8% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.61%
GM growth 5Y-0.07%
2. Health
2.1 Basic Checks
MMI does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MMI has more shares outstanding
The number of shares outstanding for MMI has been reduced compared to 5 years ago.
MMI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 5.65 indicates that MMI is not in any danger for bankruptcy at the moment.
MMI has a Altman-Z score of 5.65. This is amongst the best in the industry. MMI outperforms 81.25% of its industry peers.
MMI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.65 |
ROIC/WACCN/A
WACC8.64%
2.3 Liquidity
A Current Ratio of 3.47 indicates that MMI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.47, MMI is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
A Quick Ratio of 3.47 indicates that MMI has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.47, MMI belongs to the best of the industry, outperforming 82.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.47 | ||
| Quick Ratio | 3.47 |
3. Growth
3.1 Past
MMI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 65.93%, which is quite impressive.
The Revenue has grown by 17.90% in the past year. This is quite good.
The Revenue has been decreasing by -2.90% on average over the past years.
EPS 1Y (TTM)65.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)17.9%
Revenue growth 3Y-18.72%
Revenue growth 5Y-2.9%
Sales Q2Q%8.78%
3.2 Future
Based on estimates for the next years, MMI will show a very strong growth in Earnings Per Share. The EPS will grow by 80.19% on average per year.
Based on estimates for the next years, MMI will show a very strong growth in Revenue. The Revenue will grow by 20.06% on average per year.
EPS Next Y51.55%
EPS Next 2Y95.52%
EPS Next 3Y80.19%
EPS Next 5YN/A
Revenue Next Year15.09%
Revenue Next 2Y16.4%
Revenue Next 3Y20.06%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MMI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 52.11 indicates a quite expensive valuation of MMI.
Based on the Price/Forward Earnings ratio, MMI is valued a bit cheaper than the industry average as 70.31% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MMI to the average of the S&P500 Index (23.23), we can say MMI is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.11 |
4.2 Price Multiples
MMI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MMI is cheaper than 73.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.64 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
A more expensive valuation may be justified as MMI's earnings are expected to grow with 80.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y95.52%
EPS Next 3Y80.19%
5. Dividend
5.1 Amount
MMI has a Yearly Dividend Yield of 1.72%.
MMI's Dividend Yield is rather good when compared to the industry average which is at 3.60. MMI pays more dividend than 85.94% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.36, MMI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
5.2 History
MMI has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
The earnings of MMI are negative and hence is the payout ratio. MMI will probably not be able to sustain this dividend level.
DP-166.47%
EPS Next 2Y95.52%
EPS Next 3Y80.19%
NYSE:MMI (10/22/2025, 2:31:55 PM)
30.395
+0.52 (+1.76%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners97.35%
Inst Owner Change-0.53%
Ins Owners3.49%
Ins Owner Change0.24%
Market Cap1.19B
Revenue(TTM)725.90M
Net Income(TTM)-12294000
Analysts44.44
Price Target30.6 (0.67%)
Short Float %1.29%
Short Ratio4.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.72% |
Yearly Dividend0.52
Dividend Growth(5Y)N/A
DP-166.47%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-76.2%
Min EPS beat(2)-184.34%
Max EPS beat(2)31.93%
EPS beat(4)3
Avg EPS beat(4)265.94%
Min EPS beat(4)-184.34%
Max EPS beat(4)1189.11%
EPS beat(8)7
Avg EPS beat(8)136.57%
EPS beat(12)10
Avg EPS beat(12)92.15%
EPS beat(16)14
Avg EPS beat(16)83.66%
Revenue beat(2)2
Avg Revenue beat(2)1.23%
Min Revenue beat(2)0.04%
Max Revenue beat(2)2.43%
Revenue beat(4)4
Avg Revenue beat(4)6.28%
Min Revenue beat(4)0.04%
Max Revenue beat(4)18.97%
Revenue beat(8)5
Avg Revenue beat(8)2.05%
Revenue beat(12)6
Avg Revenue beat(12)1.39%
Revenue beat(16)9
Avg Revenue beat(16)7.21%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-52.5%
EPS NY rev (1m)0%
EPS NY rev (3m)-155.83%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-4.14%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 52.11 | ||
| P/S | 1.63 | ||
| P/FCF | 35.64 | ||
| P/OCF | 29.59 | ||
| P/B | 1.95 | ||
| P/tB | 2.1 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.31
EYN/A
EPS(NY)0.58
Fwd EY1.92%
FCF(TTM)0.85
FCFY2.81%
OCF(TTM)1.03
OCFY3.38%
SpS18.61
BVpS15.58
TBVpS14.49
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.55% | ||
| ROE | -2.02% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 37.8% | ||
| FCFM | 4.58% |
ROA(3y)1.7%
ROA(5y)4.84%
ROE(3y)2.46%
ROE(5y)7.13%
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 3Y2.61%
GM growth 5Y-0.07%
F-Score7
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 42.94% | ||
| Cap/Sales | 0.94% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.47 | ||
| Quick Ratio | 3.47 | ||
| Altman-Z | 5.65 |
F-Score7
WACC8.64%
ROIC/WACCN/A
Cap/Depr(3y)67.84%
Cap/Depr(5y)65.16%
Cap/Sales(3y)1.16%
Cap/Sales(5y)1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)65.93%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y51.55%
EPS Next 2Y95.52%
EPS Next 3Y80.19%
EPS Next 5YN/A
Revenue 1Y (TTM)17.9%
Revenue growth 3Y-18.72%
Revenue growth 5Y-2.9%
Sales Q2Q%8.78%
Revenue Next Year15.09%
Revenue Next 2Y16.4%
Revenue Next 3Y20.06%
Revenue Next 5YN/A
EBIT growth 1Y48.12%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year99%
EBIT Next 3Y53.19%
EBIT Next 5YN/A
FCF growth 1Y179.96%
FCF growth 3Y-61.84%
FCF growth 5Y-3.45%
OCF growth 1Y236.27%
OCF growth 3Y-56.06%
OCF growth 5Y-3.01%