(SNEX) Stonex - Overview
Sector: Financial Services | Industry: Capital Markets | Exchange: NASDAQ (USA) | Market Cap: 8.885m USD | Total Return: 92.6% in 12m
Avg Turnover: 74.1M
EPS Trend: 89.9%
Qual. Beats: 2
Rev. Trend: 98.6%
Qual. Beats: 11
Warnings
Below Avwap Earnings
Tailwinds
Rs Leader, Idiosyncratic Leader
StoneX Group Inc. (SNEX) functions as a global financial services network providing execution, risk management, and advisory services across four primary segments: Commercial, Institutional, Self-Directed/Retail, and Payments. The company facilitates access to a broad market ecosystem, managing activities ranging from physical commodity trading and logistics to institutional fixed-income dealing and retail foreign exchange.
Operating within the Investment Banking & Brokerage sub-industry, StoneX utilizes a diversified business model that generates revenue through commissions, spreads, and interest income on client balances. This sector is characterized by high sensitivity to market volatility and transaction volumes, particularly within exchange-traded and over-the-counter (OTC) derivative markets.
The firm maintains a significant presence in the physical commodities space, offering specialized financing and procurement services that distinguish it from traditional pure-play financial brokerages. Investors may find it useful to evaluate further financial metrics on ValueRay to deepen their understanding of the companys valuation.
- Interest rate volatility drives trading volume across fixed income and commodity segments
- Global commodity price fluctuations impact commercial risk management and hedging revenue
- Expansion of retail self-directed trading platforms increases high-margin commission income
- Cross-border payment volume growth strengthens international transaction fee revenue streams
- Regulatory capital requirements and compliance costs influence overall corporate operating margins
| Net Income: 462.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 18.33 > 1.0 |
| NWC/Revenue: -1.39% < 20% (prev 8.24%; Δ -9.63% < -1%) |
| CFO/TA 0.15 > 3% & CFO 7.97b > Net Income 462.4m |
| Net Debt (36.5b) to EBITDA (2.49b): 14.65 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (81.5m) vs 12m ago 9.98% < -2% |
| Gross Margin: 2.33% > 18% (prev 1.81%; Δ 0.52% > 0.5%) |
| Asset Turnover: 358.8% > 50% (prev 393.3%; Δ -34.46% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBIT TTM 2.41b / Interest Expense TTM 1.80b) |
| A: -0.04 (Total Current Assets 15.3b - Total Current Liabilities 17.4b) / Total Assets 53.6b |
| B: 0.04 (Retained Earnings 2.01b / Total Assets 53.6b) |
| C: 0.06 (EBIT TTM 2.41b / Avg Total Assets 42.5b) |
| D: 0.05 (Book Value of Equity 2.70b / Total Liabilities 50.9b) |
| Altman-Z'' = 0.30 = B |
| DSRI: 1.27 (Receivables 13.6b/8.64b, Revenue 152b/123b) |
| GMI: 0.78 (GM 1.81% / 2.33%) |
| AQI: 2.56 (AQ_t 0.71 / AQ_t-1 0.28) |
| SGI: 1.24 (Revenue 152b / 123b) |
| TATA: -0.14 (NI 462.4m - CFO 7.97b) / TA 53.6b) |
| Beneish M = -1.93 (Cap -4..+1) = B |
As of June 04, 2026, the stock is trading at USD 109.07 with a total of 561,183 shares traded.
Over the past week, the price has changed by -2.96%,
over one month by +3.01%,
over three months by +30.49% and
over the past year by +92.57%.
Stonex has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy SNEX.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 123 | 12.8% |
P/E Trailing = 20.0196
P/E Forward = 9.7943
P/S = 0.059
P/B = 3.3018
Revenue TTM = 152b USD
EBIT TTM = 2.41b USD
EBITDA TTM = 2.49b USD
Long Term Debt = 21.0b USD (from longTermDebt, last quarter)
Short Term Debt = 17.4b USD (from shortTermDebt, last quarter)
Debt = 38.6b USD (corrected: LT Debt 21.0b + ST Debt 17.4b) + Leases 219.3m
Net Debt = 36.5b USD (calculated: Debt 38.6b - CCE 2.12b)
Enterprise Value = 45.4b USD (8.88b + Debt 38.6b - CCE 2.12b)
Interest Coverage Ratio = 1.34 (Ebit TTM 2.41b / Interest Expense TTM 1.80b)
EV/FCF = 5.75x (Enterprise Value 45.4b / FCF TTM 7.90b)
FCF Yield = 17.40% (FCF TTM 7.90b / Enterprise Value 45.4b)
FCF Margin = 5.18% (FCF TTM 7.90b / Revenue TTM 152b)
Net Margin = 0.30% (Net Income TTM 462.4m / Revenue TTM 152b)
Gross Margin = 2.33% ((Revenue TTM 152b - Cost of Revenue TTM 149b) / Revenue TTM)
Gross Margin QoQ = 2.75% (prev 2.29%)
Tobins Q-Ratio = 0.85 (Enterprise Value 45.4b / Total Assets 53.6b)
Interest Expense / Debt = 4.67% (Interest Expense 1.80b / Debt 38.6b)
Taxrate = 23.80% (144.4m / 606.8m)
NOPAT = 1.84b (EBIT 2.41b * (1 - 23.80%))
Current Ratio = 0.88 (Total Current Assets 15.3b / Total Current Liabilities 17.4b)
Debt / Equity = 14.32 (Debt 38.6b / totalStockholderEquity, last quarter 2.70b)
Debt / EBITDA = 14.65 (Net Debt 36.5b / EBITDA 2.49b)
Debt / FCF = 4.62 (Net Debt 36.5b / FCF TTM 7.90b)
Total Stockholder Equity = 2.39b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.09% (Net Income 462.4m / Total Assets 53.6b)
RoE = 19.31% (Net Income TTM 462.4m / Total Stockholder Equity 2.39b)
RoCE = 10.28% (EBIT 2.41b / Capital Employed (Equity 2.39b + L.T.Debt 21.0b))
RoIC = 3.56% (NOPAT 1.84b / Invested Capital 51.5b)
WACC = 4.72% (E(8.88b)/V(47.5b) * Re(9.78%) + D(38.6b)/V(47.5b) * Rd(4.67%) * (1-Tc(0.24)))
Discount Rate = 9.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 27.79%
[DCF] Terminal Value 75.44% ; FCFF base≈7.90b ; Y1≈7.93b ; Y5≈8.40b
[DCF] Fair Price = 1.19k (EV 131b - Net Debt 36.5b = Equity 94.1b / Shares 79.3m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: 89.90 | EPS CAGR: 23.74% | SUE: 3.97 | # QB: 2
Revenue Correlation: 98.62 | Revenue CAGR: 45.17% | SUE: 1.88 | # QB: 11
EPS current Quarter (2026-06-30): EPS=1.23 | Chg30d=+0.82% | Revisions=+20% | Analysts=1
EPS current Year (2026-09-30): EPS=6.41 | Chg30d=+15.70% | Revisions=+20% | GrowthEPS=+59.7% | GrowthRev=-35.9%
EPS next Year (2027-09-30): EPS=6.65 | Chg30d=+13.48% | Revisions=+20% | GrowthEPS=+3.7% | GrowthRev=+0.0%