MKTXNEUTRAL

EV/EBITDA

9.1x

Updated 224h ago

Sector Performance

26th percentile

MKTX

9.1x

Sector Median

13.7x

Sector Avg

18.7x

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Deep Analysis

The current EV/EBITDA of 9.1x means that for every dollar of earnings before interest, taxes, depreciation, and amortization, the market values the company at $9.10 of enterprise value—a measure of total company worth including debt.

Compared to the sector median of 13.8x, this company trades at a much lower multiple, placing it in the 25th percentile among sector peers, meaning 75% of peers have higher EV/EBITDA ratios. The metric has been stable over the last eight quarters, with a quarter-over-quarter increase of 0.6% and no year-over-year data available. The combination of a low valuation level and a stable trend suggests limited downside risk but also no clear catalyst for upward revaluation, presenting a moderate opportunity rather than a strong buy or sell case. This low EV/EBITDA relative to the sector contradicts the overall NEUTRAL verdict, as a value-oriented investor might view it as undervalued, but the lack of trend improvement tempers that interpretation.

Frequently Asked Questions

What does the EV/EBITDA tell investors about MKTX?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are MKTX's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), NIO (-36.8x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.