What is MIAX's Value Score?

Miami International Holdings, Inc. Common Stock (MIAX) has a StockPik Value Score of 61 out of 100 — a mid-range score, indicating moderate value characteristics. The Value Score is a composite ranking built from P/E ratio, P/B ratio, Graham Number, ROE, gross margin, debt-to-equity, current ratio, and Piotroski F-Score, calculated from SEC EDGAR annual filing data.

What is MIAX's Piotroski F-Score?

Miami International Holdings, Inc. Common Stock (MIAX) has a Piotroski F-Score of 6 out of 9 — a moderate score. The F-Score assesses nine binary financial criteria across profitability, leverage, and operating efficiency. A score of 7–9 indicates a financially improving company; a score of 0–3 is a warning sign.

Is MIAX trading below its Graham Number?

MIAX is currently trading above its Graham Number. The stock price of $36.49 exceeds the Graham Number of $13.67, meaning it does not meet Graham's criterion for a margin of safety at the current price. The Graham Number is calculated as √(22.5 × EPS × Book Value Per Share) and represents Benjamin Graham's ceiling price for a defensive investor.

What is MIAX's Graham Number?

MIAX's Graham Number is $13.67, calculated using the Benjamin Graham formula √(22.5 × EPS × Book Value per Share). The Graham Number is an estimate of intrinsic value — the maximum price a defensive investor should pay. At the current price of $36.49, MIAX is trading 167% above its Graham Number.

What is MIAX's Piotroski F-Score?

MIAX's Piotroski F-Score is 6 out of 9, indicating moderate financial health. The Piotroski F-Score evaluates nine criteria across profitability, leverage, and operating efficiency. Scores of 7 or above are considered strong; 3 or below indicate financial weakness.

Is MIAX (Miami International Holdings, Inc. Common Stock) undervalued?

MIAX scores 61/100 on StockPik's Value Score, an above-average rating. The stock trades 167% above its Graham Number of $13.67.

What is MIAX's P/E ratio?

MIAX's trailing P/E ratio is 49.3x — an elevated earnings multiple, potentially pricing in high growth expectations. The Financial Services sector average P/E is 19.4x. Compare against other Financial Services stocks in the StockPik screener.

What sector is Miami International Holdings, Inc. Common Stock (MIAX) in?

Miami International Holdings, Inc. Common Stock (MIAX) is in the Financial Services sector, specifically in the Security Brokers, Dealers & Flotation Companies industry. Compare it against other Financial Services stocks by Value Score, P/E ratio, and Piotroski F-Score on StockPik.

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Miami International Holdings, Inc. Common Stock (MIAX)

NYSE Mid Cap

Financial Services › Security Brokers, Dealers & Flotation Companies

$36.49

Market Cap: $3.5B

Data as of Mar 31, 2026 (TTM)

Price History

Feb 9, 2026 — Jul 6, 2026

Investment Snapshot

Trading 167% above Graham Number — above intrinsic value estimate
Piotroski F-Score 6/9 — moderate financial health
ROE of 6.6% — below-average profitability
Revenue growing at 20% annually

Miami International Holdings, Inc. Common Stock (MIAX) is a Financial Services company operating in Security Brokers, Dealers & Flotation Companies, listed on the NYSE , with a market capitalisation of $3.5 billion . Key value metrics: P/E ratio 49.3, P/B ratio 3.25, Piotroski F-Score 6 out of 9 (moderate financial health) .

Value Score

out of 100

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Key Metrics

P/E Ratio

49.30

P/B Ratio

3.25

EPS

$0.74

Div. Yield

—

PEG Ratio

—

P/S Ratio

—

EV/EBITDA

—

ROE

—

ROA

—

Gross Margin

—

Op. Margin

—

Net Margin

—

Debt/Equity

—

Current Ratio

—

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Financial Statements

Metric	FY22	FY23	FY24
Revenue	$X.XB	$X.XB	$X.XB
Gross Profit	$X.XB	$X.XB	$X.XB
Operating Income	$X.XB	$X.XB	$X.XB
Net Income	$X.XB	$X.XB	$X.XB
EBITDA	$X.XB	$X.XB	$X.XB
Total Assets	$X.XB	$X.XB	$X.XB
Total Liabilities	$X.XB	$X.XB	$X.XB

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Data sourced from SEC EDGAR and Polygon.io. Methodology. View more Financial Services stocks →

Miami International Holdings, Inc. Common Stock — Fundamental Analysis Summary

Miami International Holdings, Inc. Common Stock (MIAX) is currently trading 167% above its Graham Number of $13.67, suggesting the market price exceeds Benjamin Graham's intrinsic value estimate. The stock carries an elevated trailing P/E ratio of 49.3x.

On financial health, MIAX shows a moderate Piotroski F-Score of 6/9, and modest return on equity of 6.6% (sector average: 4.9%), and minimal leverage with a debt-to-equity ratio of 0.00.

StockPik's composite Value Score for MIAX is 61/100 — an above-average value rating. The score is built from ten fundamental signals: P/E, P/B, PEG ratio, P/S ratio, return on equity, gross margin, debt-to-equity, current ratio, dividend yield, and Piotroski F-Score.

MIAX reports a moderate gross margin of 30.4% (sector average: 11.2%) and a modest operating margin of 5.1%.

MIAX shows revenue growing at 20% year-over-year, with earnings declining at 169%.

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ACGLN	Arch Capital Group Ltd. - Depositary Shares, each Representing a 1/1,000th Interest in a 4.550% Non-Cumulative Preferred Share, Series G	$16.22	1.3	100
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How is the Value Score calculated?

Read our full methodology →

How is the Graham Number calculated?

Benjamin Graham's intrinsic value formula, worked examples, and how to use it →

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