XNYSMMI
Market cap1.32bUSD
Jan 10, Last price
33.94USD
1D
-2.69%
1Q
-7.70%
Jan 2017
27.02%
IPO
144.00%
Name
Marcus & Millichap Inc
Chart & Performance
Profile
Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing. It also operates as a financial intermediary that provides commercial real estate capital markets solutions, including senior debt, mezzanine debt, joint venture, and preferred equity, as well as loan sales and consultative/due diligence services to commercial real estate owners, developers, investors, and capital providers. In addition, the company provides various ancillary services, including research, advisory, and consulting services to developers, lenders, owners, real estate investment trusts, high net worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. was founded in 1971 and is headquartered in Calabasas, California.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 645,927 -50.38% | 1,301,710 0.41% | |||||||
Cost of revenue | 691,684 | 1,150,903 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | (45,757) | 150,807 | |||||||
NOPBT Margin | 11.59% | ||||||||
Operating Taxes | (6,366) | 37,804 | |||||||
Tax Rate | 25.07% | ||||||||
NOPAT | (39,391) | 113,003 | |||||||
Net income | (34,035) -132.66% | 104,225 -26.84% | |||||||
Dividends | (20,103) | (60,358) | |||||||
Dividend yield | 1.19% | 4.36% | |||||||
Proceeds from repurchase of equity | (38,780) | (28,344) | |||||||
BB yield | 2.30% | 2.05% | |||||||
Debt | |||||||||
Debt current | 36,672 | 16,984 | |||||||
Long-term debt | 157,150 | 147,202 | |||||||
Deferred revenue | 290,199 | ||||||||
Other long-term liabilities | 58,461 | (282,233) | |||||||
Net debt | (224,598) | (403,200) | |||||||
Cash flow | |||||||||
Cash from operating activities | (72,430) | 13,629 | |||||||
CAPEX | (9,370) | (11,666) | |||||||
Cash from investing activities | 74,867 | (53,975) | |||||||
Cash from financing activities | (67,679) | (105,555) | |||||||
FCF | (41,310) | 102,134 | |||||||
Balance | |||||||||
Cash | 339,634 | 489,291 | |||||||
Long term investments | 78,786 | 78,095 | |||||||
Excess cash | 386,124 | 502,300 | |||||||
Stockholders' equity | 491,534 | 760,335 | |||||||
Invested Capital | 423,690 | 301,268 | |||||||
ROIC | 50.24% | ||||||||
ROCE | 17.36% | ||||||||
EV | |||||||||
Common stock shares outstanding | 38,659 | 40,186 | |||||||
Price | 43.68 26.79% | 34.45 -33.05% | |||||||
Market cap | 1,688,625 21.97% | 1,384,408 -33.06% | |||||||
EV | 1,464,027 | 1,159,575 | |||||||
EBITDA | (32,130) | 164,213 | |||||||
EV/EBITDA | 7.06 | ||||||||
Interest | 888 | 708 | |||||||
Interest/NOPBT | 0.47% |