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v0.1
MMI$28.95+2.51%
Fair $28.95+0.0%

MMI

Marcus & Millichap, Inc.

Real Estate / Real Estate ServicesNYSE

$28.95

+0.71 (+2.51%)

Fairly Valued+0.0%Fair Value $28.95Fund rank 26/100 · Data gapFallback financials|
SA 39/D
F-Score: 6/9
Low Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 0.0/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 16/100Data QA 20/100

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

39/100

D

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 15Warnings: 1unknown: 15
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. ROE is -0.3%, below the 5% threshold
Thesis & Journal · MMILocal privado en este navegador · Marcus & Millichap, 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

$1.1B

P/E

N/A

•

EV/EBITDA

65.7x

↑

ROE

-0.3%

↓

Gross Margin

37.7%

↓

Debt/Equity

0.13

↓
52-Week Range$29
$24$34

TradingView lightweight chart

MMI price, volumen y niveles de valoración

Último $28.95Periodo +115.7%
Fair value: $28.95

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2011–2025 · 14 años de histórico normalizado

Revenue CAGR

+7.5%

FCF CAGR

+10.4%

FCF margin

7.8%

FCF / Net income

-30.79x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $755.2M · net income $-1.9M · FCF $58.8M

2011-FY → 2025-FY

Gross margin

37.7%— pts

Operating margin

-1.8%-10.4% pts

Net margin

-0.3%-5.1% pts

FCF margin

7.8%+2.4% pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Income Statement
Revenue$755.2M$755.2M$696.1M$645.9M$1.30B$1.30B$716.9M$806.4M$814.8M$719.7M$717.5M$689.1M$572.2M$435.9M$385.7M$274.7M
Net Income$-1.9M$-1.9M$-12.4M$-34.0M$104.2M$142.5M$42.8M$76.9M$87.3M$51.5M$64.7M$66.3M$49.5M$8.2M$27.9M$13.4M
EBITDA$15.9M$15.9M$4.4M$-25.9M$156.1M$201.1M$64.5M$104.4M$118.6M$101.5M$110.9M$118.0M$87.8M$24.3M$52.0M$26.4M
EPS-0.05-0.05-0.32-0.882.593.551.081.952.221.321.661.691.270.24——
Gross Margin37.7%37.7%38.0%37.0%34.6%———————————
Operating Margin-1.8%-1.8%-4.7%-9.2%10.6%14.6%7.5%12.0%13.8%13.4%14.8%16.6%14.8%4.9%12.7%8.5%
Net Margin-0.3%-0.3%-1.8%-5.3%8.0%11.0%6.0%9.5%10.7%7.2%9.0%9.6%8.7%1.9%7.2%4.9%
Balance Sheet
Debt/Equity0.130.130.130.140.12———————————
Current Ratio2.652.65——————————————
Cash Flow
Free Cash Flow$58.8M$58.8M$13.8M$-81.8M$2.0M$249.0M$31.1M$16.5M$109.2M$60.0M$65.0M——$92.1M$30.8M$14.7M
Returns
ROE-0.3%-0.3%-2.0%-5.3%14.6%20.5%7.8%15.5%21.3%16.4%25.0%35.1%42.4%13.1%129.1%66.7%
Valuation
P/E————13.87———————————
EV/EBITDA65.6865.68317.88—8.31———————————
P/B1.871.872.312.382.03———————————
Growth & Yield
Revenue Growth8.5%8.5%7.8%-50.4%—80.8%-11.1%-1.0%13.2%0.3%4.1%20.4%31.3%13.0%40.4%—
EPS Growth84.4%84.4%63.6%-134.0%—228.7%-44.6%-12.2%68.2%-20.5%-1.8%33.1%429.2%———
Dividend Yield1.8%1.8%——————————————

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

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

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 +2.3%

Total return

+2.3%

Start / end P/E

n/dx → n/dx

EPS bridge

-0.32 → -0.05

Residual

+0.5%

EPS growthn/d
Multiple reratingn/d
Dividend+1.8%
Residual / FX / buybacks / cross-term+0.5%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

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.