Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
MCthis companyMoelis & Company	$57.74	22.1×	9.07×	3.4×	14.49×	-58.0%	99.2%	18.1%	15.4%	41.0%	12.0%	10.5%	0.47×	-0.71×	0×	21.47×	4.0%	7	4.62	3	B+
BGCBGC Group, Inc	$10.91	27.06×	4.37×	1.41×	11.7×	-88.7%	89.5%	10.5%	5.2%	15.9%	4.9%	6.3%	1.85×	2.08×	2.52×	89.14×	0.9%	8	2.11	3	B+
HUTHut 8 Corp.	$55.53	-21.47×	3.4×	20.58×	-23.73×	-114.1%	54.2%	-93.6%	-105.5%	-17.4%	-7.1%	-16.3%	0.3×	-1.75×	-7.32×	1.09×	0.0%	3	1.35	1	D+
LAZLazard Inc	$39.79	19.98×	5.42×	1.49×	12.92×	-3.7%	31.8%	13.0%	7.4%	27.1%	8.8%	10.7%	2.95×	2.39×	4.74×	29.35×	3.9%	7	2.46	3	B+
MKTXMarketAxess Holdings Inc.	$165.54	27.21×	5.82×	7.86×	14.22×	-7.8%	69.9%	41.2%	29.0%	21.5%	16.3%	5.6%	0.25×	-0.52×	235.35×	1.84×	1.7%	5	5.88	4	A-
PIPRPiper Sandler Companies	$67.32	20.13×	4.13×	2.97×	12.03×	-39.2%	93.6%	20.2%	14.8%	20.5%	11.8%	12.3%	0.08×	-1.68×	79.64×	22.75×	2.0%	4	5.83	1	C-
Peer median	—	20.13×	4.37×	2.97×	12.03×	-39.2%	69.9%	13.0%	7.4%	20.5%	8.8%	6.3%	0.3×	-0.52×	4.74×	22.75×	1.7%	5	2.46	3	—