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v0.1
IBKR$88.69+1.98%
Fair $25.37-71.4%

IBKR

Interactive Brokers Group, Inc.

Financial Services / Capital MarketsNasdaqGS

$88.69

+1.72 (+1.98%)

Significantly Overvalued-71.4%Fair Value $25.37Fund rank 38/100 · PassSEC 18/18 yrs|
SA 76/B
F-Score: 5/9
Significantly Overvalued

Book/ROE base 3Y

$33.75

-27.5% CAGR · P/B 2.1x

Book/ROE base 5Y

$40.84

-14.4% base · -13.4% expected

Precio de entrada

$17.47

MOS 25% · confianza 81%

Book/ROE escenarios

audited · book/share $12.08 · quality 71.0/100

Pass 38/100
Bear 5Y$13.43-31.4%
Base 5Y$40.84-14.4%
Bull 5Y$77.92-2.6%
Return 0/100Downside 0/100Model quality 76/100Data QA 100/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

76/100

B

Piotroski

5/9

balance/quality

Valuation

0/100

-71.4% upside

5Y CAGR

-13.4%

0/100

Data QA

90/100

SEC 100%

Latest source: sec-companyfactsPeriods: 18Warnings: 1sec-companyfacts: 18
Generic DCF/FCF bypassed: financial balance-sheet sector valued with a sector-specific Book/ROE model. Ignored inconsistent direct book value per share; SEC/provider per-share units appear mismatched with market-cap-implied share class. Estimated downside of 71.4% from current price
Thesis & Journal · IBKRLocal privado en este navegador · Interactive Brokers Group, Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$150.8B

P/E

37.8x

↑

EV/EBITDA

3.8x

↓

ROE

18.3%

↑

Gross Margin

89.8%

↑

Debt/Equity

0.00

↓
52-Week Range$89
$49$91

TradingView lightweight chart

IBKR price, volumen y niveles de valoración

Último $88.69Periodo +1033.4%
Buy zone: $17.47Bear 5Y: $13.43Fair value: $25.37Base 5Y: $40.84Bull 5Y: $77.92

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2008–2025 · 17 años de histórico normalizado

Revenue CAGR

+0.7%

FCF CAGR

—

FCF margin

645.2%

FCF / Net income

16.00x

Latest source

SEC-backed

Margin decomposition

Último año: revenue $2.44B · net income $984.0M · FCF $15.74B

2008-FY → 2025-FY

Gross margin

89.8%— pts

Operating margin

86.0%— pts

Net margin

9.6%+5.4% pts

FCF margin

645.2%— pts
SEC-backed annual metrics active for 2025, 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008. Local SEC Companyfacts override Yahoo/FMP for audited annual line items; provider-only fields remain as fallback.
MetricTTM
2025SEC
2024SEC
2023SEC
2022SEC
2021SEC
2020SEC
2019SEC
2018SEC
2017SEC
2016SEC
2015SEC
2014SEC
2013SEC
2012SEC
2011SEC
2010SEC
2009SEC
2008SEC
Income Statement
Revenue$2.44B$2.44B$1.98B$1.56B$1.51B$1.57B$1.29B$847.0M$925.0M$1.93B$1.48B$1.26B$1.11B$1.13B$1.19B$1.44B$988.3M$1.17B$2.18B
Net Income$984.0M$984.0M$755.0M$600.0M$380.0M$1.64B$1.18B$1.09B$1.13B$793.0M$699.0M$415.0M$44.5M$37.0M$41.8M$61.9M$-9.6M$35.8M$93.0M
EBITDA$9.09B$9.09B$7.99B$6.60B$3.11B——————————————
EPS2.222.221.731.423.753.242.422.102.281.071.250.780.770.730.891.37-0.230.792.24
Gross Margin89.8%89.8%89.0%88.3%81.4%——————————————
Operating Margin86.0%86.0%84.2%83.8%74.6%——————————————
Net Margin9.6%9.6%8.1%7.7%9.1%104.3%91.6%128.6%121.6%41.2%47.4%33.0%4.0%3.3%3.5%4.3%-1.0%3.1%4.3%
Balance Sheet
Debt/Equity0.000.000.000.000.01——————————————
Current Ratio1.101.10—————————————————
Cash Flow
Free Cash Flow$15.74B$15.74B$8.68B$4.50B$3.90B——————————————
Returns
ROE18.3%18.3%17.6%16.7%13.3%68.3%60.4%75.0%87.8%72.8%71.8%48.1%5.8%5.2%7.0%13.5%-0.5%6.2%4.8%
Valuation
P/E37.8037.8048.5059.0922.3825.9034.6739.9636.8078.4267.13107.58108.97114.9594.2861.25—106.2237.46
EV/EBITDA3.783.782.050.841.30——————————————
P/B6.946.948.559.912.983.333.474.444.865.465.806.086.326.046.60——6.10—
Growth & Yield
Revenue Growth23.4%23.4%27.0%3.4%-4.0%21.8%51.9%-8.4%-52.0%30.6%17.4%12.6%-1.2%-5.4%-17.5%46.2%-15.5%-46.4%—
EPS Growth28.3%28.3%21.8%-62.1%15.7%33.9%15.2%-7.9%113.1%-14.4%60.3%1.3%5.5%-18.0%-35.0%695.7%-129.1%-64.7%—
Dividend Yield0.4%0.4%—————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

52.5%

muy exigente

EPS terminal req.

$7.87

Spread vs growth

-24.2%

5Y implied EPS CAGR

33.8%

muy exigente

EPS terminal req.

$9.52

Spread vs growth

-5.5%

10Y implied EPS CAGR

21.3%

exigente

EPS terminal req.

$15.34

Spread vs growth

7.0%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +69.6%

Total return

+69.6%

Start / end P/E

30.3x → 40.0x

EPS bridge

1.73 → 2.22

Residual

+9.0%

EPS growth+28.3%
Multiple rerating+31.8%
Dividend+0.4%
Residual / FX / buybacks / cross-term+9.0%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.