Spreadsheet Data
Audit the saved peer set and the method inputs behind the blended fair value.
Review the saved peer set across price, scale, operating metrics, and raw valuation multiples.
| Peer | Price | Market Cap | Enterprise Value | Revenue |
|---|
| EBITDA |
|---|
| Net Income |
|---|
| P/E |
|---|
| P/S |
|---|
| EV/EBITDA |
|---|
IB IBKR Interactive Brokers Group, Inc. FY ended Dec 31, 2025 | $95.74 | $6.13B | $183.87B | $2.44B | $8.21B | $4.36B | 43.13x | 2.51x | 14.77x |
TW TW Tradeweb Markets Inc. FY ended Dec 31, 2025 | $109.41 | — | — | $2.05B | $1.20B | $812.79M | 28.94x | — | — |
MK MKTX MARKETAXESS HOLDINGS INC FY ended Feb 20, 2026 | $162.79 | $5.73B | $5.81B | $846.27M | $388.59M | $246.63M | 24.52x | 6.77x | 14.65x |
CB CBOE Cboe Global Markets, Inc. FY ended Feb 13, 2026 | $313.96 | $32.79B | $33.23B | $4.71B | $1.68B | $1.10B | 30.13x | 6.95x | 18.75x |
ND NDAQ NASDAQ, INC. FY ended Feb 03, 2026 | $99.37 | $55.55B | $66.05B | $8.26B | $2.92B | $1.79B | 32.16x | 6.72x | 20.19x |
See which peer averages feed the weighted fair value and which methods are excluded.
| Method | Type | Avg. Multiple | Coverage | Implied Equity Value | Fair Value / Share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVActive | Enterprise Multiple | 17.31x | 4/5 | $6.67B | $76.76 | Included in the active peer mix. |
Price / Sales PSActive | Equity Multiple | 5.74x | 4/5 | $20.85B | $240.03 | Included in the active peer mix. |
Price / Earnings PEActive | Equity Multiple | 31.78x | 5/5 | $14.88B | $171.35 | Included in the active peer mix. |
Open the saved peer table used to audit the fair value view.
| Peer | Price | Market Cap | Enterprise Value | Revenue | EBITDA | Net Income | P/E | P/S | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
IB IBKR Interactive Brokers Group, Inc. FY ended Dec 31, 2025 | $95.74 | $6.13B | $183.87B | $2.44B | $8.21B | $4.36B | 43.13x | 2.51x | 14.77x |
TW TW Tradeweb Markets Inc. FY ended Dec 31, 2025 | $109.41 | — | — | $2.05B | $1.20B | $812.79M | 28.94x | — | — |
MK MKTX MARKETAXESS HOLDINGS INC FY ended Feb 20, 2026 | $162.79 | $5.73B | $5.81B | $846.27M | $388.59M | $246.63M | 24.52x | 6.77x | 14.65x |
CB CBOE Cboe Global Markets, Inc. FY ended Feb 13, 2026 | $313.96 | $32.79B | $33.23B | $4.71B | $1.68B | $1.10B | 30.13x | 6.95x | 18.75x |
ND NDAQ NASDAQ, INC. FY ended Feb 03, 2026 | $99.37 | $55.55B | $66.05B | $8.26B | $2.92B | $1.79B | 32.16x | 6.72x | 20.19x |
Open the peer-average inputs behind the weighted result.
| Method | Type | Avg. Multiple | Coverage | Implied Equity Value | Fair Value / Share | Status |
|---|---|---|---|---|---|---|
EV / EBITDA EVActive | Enterprise Multiple | 17.31x | 4/5 | $6.67B | $76.76 | Included in the active peer mix. |
Price / Sales PSActive | Equity Multiple | 5.74x | 4/5 | $20.85B | $240.03 | Included in the active peer mix. |
Price / Earnings PEActive | Equity Multiple | 31.78x | 5/5 | $14.88B | $171.35 | Included in the active peer mix. |
