$149.89
Near FV▼ -8.0% against the close used
Model range $72.45 – $199.83
The lowest and highest of the models that produced a value. This is the spread of the methods, not a price target.
Bear$72.45Fair value$149.89Bull$199.83
FairClose
52-week traded range
52W low $109.0952W high $193.61
The 52-week range is measured from the stored price history, not estimated.
Trading close to the consensus fair value
MarketAxess closed at $163.00, 8.7% above the consensus fair value of $149.89 drawn from 9 valuation models.
Financial DNA score 62/100 — Good. P/E of 24.6x against the 20x sector multiple the P/E model uses.
Quantitative summary only — not investment advice.
DCF Valuation
$199.83
+22.6%
Σ[CF×(1+g)^n/(1.10)^n] + TV/(1.10)^10
g=9%, r=10%, tg=3%, n=10yr
Graham Number
$72.45
-55.6%
√(22.5 × EPS × BVPS)
EPS=6.64, BVPS=35.13 · outside Graham range (P/E 24.6, P/B 4.6) — asset-light, treat as a rough floor
P/E Fair Value
$132.80
-18.5%
EPS × 20x (sector P/E)
EPS=6.64, Sector P/E=20x
Peter Lynch (PEG)
$77.56
-52.4%
EPS × Growth% (PEG = 1 is fair)
EPS=6.64, g=11.7%
EV/EBITDA
$178.49
+9.5%
(EBITDA × 15.8x − Net Debt) ÷ Shares
EBITDA=418.54M
Dividend Discount (DDM)
$164.60
+1.0%
D1 ÷ (r − g) where D1 = D0×(1+g)
D0=3.05, r=10%, g=8%
Book Value (P/B)
$122.16
-25.1%
BVPS × (ROE−g)÷(r−g) [Justified P/B — RIM-based]
BVPS=35.13, ROE=19.9%, g=6%, r=10%
Reverse DCF
$163.00
+0.0%
Solve for g: Price = Σ[EPS×(1+g)^n/(1.10)^n] + TV
Implied: 9.9% | Historical: 11.7%
Margin of Safety
$101.27
-37.9%
Avg(DCF, Graham, P/E) × 75% (25% safety buffer)
Avg fair value=135.03, MoS=25%
Computed on September 12, 2026 from the most recent annual report on file and that day's closing price. Where a company has seen its earnings move sharply since its last annual report, this figure will lag the market.
Educational data only. Not a recommendation to buy, sell or hold any security.