WallStSmart

MarketAxess Holdings Inc (MKTX)vsNomura Holdings Inc ADR (NMR)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Nomura Holdings Inc ADR generates 267836% more annual revenue ($2.33T vs $870.02M). MKTX leads profitability with a 35.2% profit margin vs 17.3%. NMR appears more attractively valued with a PEG of 0.82. NMR earns a higher WallStSmart Score of 84/100 (A-).

MKTX

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 9.5Value: 5.7Quality: 7.5
Piotroski: 3/9Altman Z: 3.73

NMR

Exceptional Buy

84

out of 100

Grade: A-

Growth: 10.0Profit: 7.0Value: 7.0Quality: 3.0
Piotroski: 4/9Altman Z: 0.53

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MKTX5 strengths · Avg: 9.6/10
Profit MarginProfitability
35.2%10/10

Keeps 35 of every $100 in revenue as profit

Operating MarginProfitability
41.9%10/10

Strong operational efficiency at 41.9%

Altman Z-ScoreHealth
3.7310/10

Safe zone — low bankruptcy risk

Return on EquityProfitability
26.0%9/10

Every $100 of equity generates 26 in profit

Debt/EquityHealth
0.149/10

Conservative balance sheet, low leverage

NMR6 strengths · Avg: 9.0/10
Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Operating MarginProfitability
30.8%10/10

Strong operational efficiency at 30.8%

Revenue GrowthGrowth
31.2%10/10

Revenue surging 31.2% year-over-year

PEG RatioValuation
0.828/10

Growing faster than its price suggests

P/E RatioValuation
12.8x8/10

Attractively priced relative to earnings

EPS GrowthGrowth
42.0%8/10

Earnings expanding 42.0% YoY

Areas to Watch

MKTX3 concerns · Avg: 3.0/10
EPS GrowthGrowth
1.0%4/10

1.0% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Revenue GrowthGrowth
-0.5%2/10

Revenue declined 0.5%

NMR2 concerns · Avg: 1.5/10
Altman Z-ScoreHealth
0.532/10

Distress zone — elevated risk

Debt/EquityHealth
9.181/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : MKTX

The strongest argument for MKTX centers on Profit Margin, Operating Margin, Altman Z-Score. Profitability is solid with margins at 35.2% and operating margin at 41.9%. PEG of 1.23 suggests the stock is reasonably priced for its growth.

Bull Case : NMR

The strongest argument for NMR centers on Price/Book, Operating Margin, Revenue Growth. Profitability is solid with margins at 17.3% and operating margin at 30.8%. Revenue growth of 31.2% demonstrates continued momentum.

Bear Case : MKTX

The primary concerns for MKTX are EPS Growth, Piotroski F-Score, Revenue Growth.

Bear Case : NMR

The primary concerns for NMR are Altman Z-Score, Debt/Equity. Debt-to-equity of 9.18 is elevated, increasing financial risk.

Key Dynamics to Monitor

MKTX profiles as a declining stock while NMR is a growth play — different risk/reward profiles.

MKTX carries more volatility with a beta of 0.82 — expect wider price swings.

NMR is growing revenue faster at 31.2% — sustainability is the question.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

NMR scores higher overall (84/100 vs 62/100), backed by strong 17.3% margins and 31.2% revenue growth. Both earn "Exceptional Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

MarketAxess Holdings Inc

FINANCIAL SERVICES · CAPITAL MARKETS · USA

MarketAxess Holdings Inc. (MarketAxess) is an international financial technology company that operates an electronic trading platform for the institutional credit markets, and also provides market data and post-trade services.

Nomura Holdings Inc ADR

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Nomura Holdings, Inc. provides various financial services to individuals, corporations, financial institutions, governments, and government agencies worldwide. The company is headquartered in Tokyo, Japan.

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