Marcus & Millichap, Inc. (MMI)

Marcus & Millichap Statistics

Total Valuation

MMI has a market cap or net worth of $1.47 billion. The enterprise value is $1.21 billion.

Market Cap	1.47B
Enterprise Value	1.21B

Important Dates

The next estimated earnings date is Friday, February 14, 2025, before market open.

Earnings Date	Feb 14, 2025
Ex-Dividend Date	Sep 16, 2024

Share Statistics

MMI has 38.81 million shares outstanding. The number of shares has decreased by -0.88% in one year.

Current Share Class	38.81M
Shares Outstanding	38.81M
Shares Change (YoY)	-0.88%
Shares Change (QoQ)	+0.22%
Owned by Insiders (%)	37.52%
Owned by Institutions (%)	62.75%
Float	24.24M

Valuation Ratios

PE Ratio	n/a
Forward PE	2,106.29
PS Ratio	2.36
Forward PS	1.94
PB Ratio	2.39
P/TBV Ratio	2.58
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	1.94
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

The company has a current ratio of 3.15, with a Debt / Equity ratio of 0.14.

Current Ratio	3.15
Quick Ratio	2.93
Debt / Equity	0.14
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	-68.91

Financial Efficiency

Return on equity (ROE) is -4.92% and return on invested capital (ROIC) is -4.93%.

Return on Equity (ROE)	-4.92%
Return on Assets (ROA)	-4.15%
Return on Capital (ROIC)	-4.93%
Revenue Per Employee	$694,448
Profits Per Employee	-$34,758
Employee Count	896
Asset Turnover	0.73
Inventory Turnover	n/a

Taxes

Income Tax	-5.06M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -8.85% in the last 52 weeks. The beta is 1.16, so MMI's price volatility has been higher than the market average.

Beta (5Y)	1.16
52-Week Price Change	-8.85%
50-Day Moving Average	39.69
200-Day Moving Average	36.14
Relative Strength Index (RSI)	35.74
Average Volume (20 Days)	99,023

Short Selling Information

The latest short interest is 486,830, so 1.25% of the outstanding shares have been sold short.

Short Interest	486,830
Short Previous Month	501,341
Short % of Shares Out	1.25%
Short % of Float	2.01%
Short Ratio (days to cover)	5.39

Income Statement

In the last 12 months, MMI had revenue of $622.23 million and -$31.14 million in losses. Loss per share was -$0.81.

Revenue	622.23M
Gross Profit	237.10M
Operating Income	-56.99M
Pretax Income	-41.11M
Net Income	-31.14M
EBITDA	-42.38M
EBIT	-56.99M
Loss Per Share	-$0.81

Balance Sheet

The company has $300.07 million in cash and $84.84 million in debt, giving a net cash position of $265.44 million or $6.84 per share.

Cash & Cash Equivalents	300.07M
Total Debt	84.84M
Net Cash	265.44M
Net Cash Per Share	$6.84
Equity (Book Value)	617.73M
Book Value Per Share	15.92
Working Capital	243.32M

Cash Flow

In the last 12 months, operating cash flow was -$20.26 million and capital expenditures -$8.03 million, giving a free cash flow of -$28.28 million.

Operating Cash Flow	-20.26M
Capital Expenditures	-8.03M
Free Cash Flow	-28.28M
FCF Per Share	-$0.73

Margins

Gross margin is 38.10%, with operating and profit margins of -9.16% and -5.01%.

Gross Margin	38.10%
Operating Margin	-9.16%
Pretax Margin	-5.82%
Profit Margin	-5.01%
EBITDA Margin	-6.81%
EBIT Margin	-9.16%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.50, which amounts to a dividend yield of 1.32%.

Dividend Per Share	$0.50
Dividend Yield	1.32%
Dividend Growth (YoY)	-33.33%
Years of Dividend Growth	2
Payout Ratio	n/a
Buyback Yield	0.88%
Shareholder Yield	2.20%
Earnings Yield	-2.11%
FCF Yield	-1.92%

Analyst Forecast

The average price target for MMI is $30.00, which is -21.03% lower than the current price. The consensus rating is "Sell".

Price Target	$30.00
Price Target Difference	-21.03%
Analyst Consensus	Sell
Analyst Count	1
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

MMI has an Altman Z-Score of 5.37 and a Piotroski F-Score of 2.

Altman Z-Score	5.37
Piotroski F-Score	2