Marcus & Millichap Statistics

Share Statistics

Marcus & Millichap has 39M shares outstanding. The number of shares has increased by 0.64% in one year.

Shares Outstanding	39M
Shares Change (YoY)	0.64%
Shares Change (QoQ)	-0.41%
Owned by Institutions (%)	58.86%
Shares Floating	23.5M
Failed to Deliver (FTD) Shares	4
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 460.77K, so 1.18% of the outstanding shares have been sold short.

Short Interest	460.77K
Short % of Shares Out	1.18%
Short % of Float	1.96%
Short Ratio (days to cover)	3.16

Valuation Ratios

The PE ratio is -119.71 and the forward PE ratio is 55.47. Marcus & Millichap's PEG ratio is 1.88.

PE Ratio	-119.71
Forward PE	55.47
PS Ratio	2.13
Forward PS	1.5
PB Ratio	2.35
P/FCF Ratio	106.92
PEG Ratio	1.88

Financial Ratio History

Enterprise Valuation

Currently the Enterprise Value (EV) is not available for Marcus & Millichap.

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

Financial Position

The company has a current ratio of 3.08, with a Debt / Equity ratio of 0.13.

Current Ratio	3.08
Quick Ratio	3.08
Debt / Equity	0.13
Debt / EBITDA	19.26
Debt / FCF	6.09
Interest Coverage	-40.53

Financial Efficiency

Return on Equity is n/a and Return on Invested Capital is n/a.

Return on Equity	n/a
Return on Assets	n/a
Return on Invested Capital	n/a
Revenue Per Employee	$775.99K
Profits Per Employee	$-13.78K
Employee Count	897
Asset Turnover	0.8
Inventory Turnover	n/a

Taxes

Income Tax	-666K
Effective Tax Rate	5.11%

Stock Price Statistics

The stock price has increased by -13.81% in the last 52 weeks. The beta is 1.3, so Marcus & Millichap's price volatility has been higher than the market average.

Beta	1.3
52-Week Price Change	-13.81%
50-Day Moving Average	31.53
200-Day Moving Average	33.91
Relative Strength Index (RSI)	59.92
Average Volume (20 Days)	133,004

Income Statement

In the last 12 months, Marcus & Millichap had revenue of 696.06M and earned -12.36M in profits. Earnings per share was -0.32.

Revenue	696.06M
Gross Profit	264.59M
Operating Income	-32.91M
Net Income	-12.36M
EBITDA	4.37M
EBIT	-12.22M
Earnings Per Share (EPS)	-0.32

Full Income Statement

Balance Sheet

The company has 153.44M in cash and 84.22M in debt, giving a net cash position of 69.22M.

Cash & Cash Equivalents	153.44M
Total Debt	84.22M
Net Cash	69.22M
Retained Earnings	458.91M
Total Assets	792.21M
Working Capital	215.07M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 21.71M and capital expenditures -7.87M, giving a free cash flow of 13.84M.

Operating Cash Flow	21.71M
Capital Expenditures	-7.87M
Free Cash Flow	13.84M
FCF Per Share	0.36

Full Cash Flow Statement

Margins

Gross margin is 38.01%, with operating and profit margins of -4.73% and -1.78%.

Gross Margin	38.01%
Operating Margin	-4.73%
Pretax Margin	-1.87%
Profit Margin	-1.78%
EBITDA Margin	0.63%
EBIT Margin	-4.73%
FCF Margin	1.99%

Dividends & Yields

MMI pays an annual dividend of $0.75, which amounts to a dividend yield of 1.55%.

Dividend Per Share	$0.75
Dividend Yield	1.55%
Dividend Growth (YoY)	0%
Payout Ratio	-234.38%
Earnings Yield	n/a
FCF Yield	n/a

Dividend Details

Analyst Forecast

The average price target for MMI is $30, which is -9.5% lower than the current price. The consensus rating is "Hold".

Price Target	$30
Price Target Difference	-9.5%
Analyst Consensus	Hold
Analyst Count	2

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Scores

Altman Z-Score	6.1
Piotroski F-Score	4

Marcus & Millichap Inc. (MMI)