COMP <GO>
PIPR vs MKTX // FORWARD P/E MULTIPLE
Piper Sandler Companies (NYSE) VS. MarketAxess Holdings Inc. (NASDAQ) • 15-METRIC TALLY: PIPR 6
— MKTX 6
▲ FORWARD P/E MULTIPLE LEADER: PIPR
LAST: $67.42 (+5.66%) • MKT CAP: $4.51B
forward-pe
14.5x
LAST: $165.48 (+0.11%) • MKT CAP: $5.82B
forward-pe
21.9x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (PIPR VS. MKTX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | PIPR | MKTX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 18.30% | 28.40% | -10.10 | MKTX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 12.0x | 16.1x | -4.10 | PIPR | /valuation <GO> |
| Free Cash Flow Yield | 10.38% | 6.44% | +3.94 | PIPR | /fcf-yield <GO> |
| Operating Margin | 18.70% | 40.40% | -21.70 | MKTX | /operating-margins <GO> |
| Net Profit Margin | 15.30% | 29.20% | -13.90 | MKTX | /net-margins <GO> |
| Revenue Growth (YoY) | 21.70% | 3.60% | +18.10 | PIPR | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.35% | 0.00% | +2.35 | PIPR | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | PIPR | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 43.1 | 68.5 | -25.40 | MKTX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | 1.02 | -0.03 | MKTX | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 14.5x | 21.9x | -7.40 | PIPR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.51B | $5.82B | -$1.31B | MKTX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | PIPR REV | MKTX REV | PIPR GROSS % | MKTX GROSS % | PIPR FCF | MKTX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.83B | $846.3M | — | — | $504.1M | $373.9M |
| FY 2024 | $1.51B | $817.1M | — | — | $245.5M | $375.3M |
| FY 2023 | $1.30B | $752.5M | — | — | $217.1M | $299.9M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
PIPR // BETA 0.99
MKTX // BETA 1.02