Marcus & Millichap, Inc.
—- Market cap
- $1.19B
- Debt
- +$163.82M
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 88% equity / 12% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: MMI stock price near parity vs TTI $31.33 current versus $33.37 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at TTI's multiple
Implied fair value · at MMI's multiple
Snapshot Sep 8, 2026, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MMI FY 2025 (ended Dec 31, 2025) · TTI FY 2025 (ended Dec 31, 2025).
Trendline
11 period-end years of reported revenue, earnings, and margins. Periods and currencies are shown with the data.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 88% equity / 12% debt
Capital structure 85% equity / 15% debt · EV / Revenue 1.86x · EV / EBITDA 15.41x
MMI carries the larger enterprise value at $1.35B against $1.17B; MMI trades on the lower EV / Revenue multiple (1.79x vs 1.86x); TTI on the lower EV / EBITDA (15.41x vs 86.57x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
MARCUS & MILLICHAP, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
TETRA Technologies, Inc. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.27x
0.67x
Net debt / EBITDA
Leverage against operating earnings
—
1.54x
Cash and equivalents
Liquid reserves on the balance sheet
—
$72.63M
Total debt
Interest-bearing obligations outstanding
$163.82M
$190.00M
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
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