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)
MKTXthis companyMarketAxess 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-
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+
TWTradeweb Markets Inc.	$126.43	28.23×	3.52×	11.17×	14.8×	7.0%	67.3%	41.2%	39.6%	12.5%	9.3%	4.9%	0.04×	-1.27×	435.41×	4.94×	0.4%	9	16.04	4	A-
Peer median	—	27.64×	3.95×	6.29×	13.25×	-40.9%	78.4%	25.8%	22.4%	14.2%	7.1%	5.6%	0.94×	0.41×	218.97×	47.04×	0.7%	9	9.08	4	—