SNEX Stock Analysis: Stonex | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 8.279m USD | 12M Return: 49.2% | US8618961085 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 62.6M
EPS Trend: 93.1%
Qual. Beats: 3
Rev. Trend: 98.0%
Qual. Beats: 12
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
StoneX Group Inc. (NASDAQ: SNEX) is a global financial services firm that connects clients across the commercial, institutional, retail, and payments sectors to a broad market ecosystem spanning the U.S., Europe, South America, the Middle East, and Asia. The company operates through four segments: Commercial (risk management, hedging, physical commodities trading, and execution/clearing of exchange-traded and OTC products), Institutional (acting as a dealer in fixed income securities for asset managers, broker-dealers, and insurance companies), Self-Directed/Retail (forex, precious metals, CFDs, spread bets, and wealth management, including online bullion sales), and Payments.
The firm is headquartered in New York, was founded in 1924, and rebranded from INTL FCStone Inc. to StoneX Group Inc. in July 2020. As a large-cap Financials company classified within the Investment Banking & Brokerage sub-industry, StoneX operates a diversified business model that spans execution, clearing, physical commodity logistics, and retail trading platforms, distinguishing it from pure-play brokers by combining traditional securities services with global commodities trading and correspondent payments infrastructure.
- Payments segment revenue accelerates on cross-border B2B acquisitions
- Net interest income expands with Fed rate hikes and securities portfolio growth
- Commercial hedging and brokerage volumes track global commodity volatility
| Net Income: 526.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 6.49 > 1.0 |
| NWC/Revenue: -1.67% < 20% (prev 9.23%; Δ -10.90% < -1%) |
| CFO/TA 0.10 > 3% & CFO 5.14b > Net Income 526.9m |
| Net Debt (38.3b) to EBITDA (2.72b): 14.07 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (124.5m) vs 12m ago 66.14% < -2% |
| Gross Margin: 2.62% > 18% (prev 1.76%; Δ 0.86% > 0.5%) |
| Asset Turnover: 357.2% > 50% (prev 381.7%; Δ -24.54% > 0%) |
| Interest Coverage Ratio: 1.39 > 6 (EBIT TTM 2.63b / Interest Expense TTM 1.90b) |
| A: -0.05 (Total Current Assets 14.7b - Total Current Liabilities 17.4b) / Total Assets 54.0b |
| B: 0.04 (Retained Earnings 2.14b / Total Assets 54.0b) |
| C: 0.06 (EBIT TTM 2.63b / Avg Total Assets 44.2b) |
| D: 0.06 (Book Value of Equity 2.84b / Total Liabilities 51.2b) |
| Altman-Z'' = 0.27 = B |
| DSRI: 1.19 (Receivables 12.8b/8.89b, Revenue 158b/131b) |
| GMI: 0.67 (GM 1.76% / 2.62%) |
| AQI: 2.61 (AQ_t 0.72 / AQ_t-1 0.28) |
| SGI: 1.21 (Revenue 158b / 131b) |
| TATA: -0.09 (NI 526.9m - CFO 5.14b) / TA 54.0b) |
| Beneish M = -2.07 (Cap -4..+1) = BB |
As of September 02, 2026, the stock is trading at USD 67.81 with a total of 561,713 shares traded. Over the past week, the price has changed by -2.66%, over one month by -11.00%, over three months by -11.97% and over the past year by +49.16%.
Current recommended Stop Loss: 61.70 (which is 9% or 1.8 ATR below the current price).
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 | 75 | 10.6% |
P/E Trailing = 18.7541
P/E Forward = 9.7943
P/S = 0.0531
P/B = 2.8979
Revenue TTM = 158b USD
EBIT TTM = 2.63b USD
EBITDA TTM = 2.72b USD
Long Term Debt = 22.3b USD (from longTermDebt, last quarter)
Short Term Debt = 18.0b USD (from shortTermDebt, last quarter)
Debt = 40.5b USD (corrected: LT Debt 22.3b + ST Debt 18.0b) + Leases 226.1m
Net Debt = 38.3b USD (calculated: Debt 40.5b - CCE 2.19b)
Enterprise Value = 46.6b USD (8.28b + Debt 40.5b - CCE 2.19b)
Interest Coverage Ratio = 1.39 (Ebit TTM 2.63b / Interest Expense TTM 1.90b)
EV/FCF = 9.20x (Enterprise Value 46.6b / FCF TTM 5.07b)
FCF Yield = 10.87% (FCF TTM 5.07b / Enterprise Value 46.6b)
FCF Margin = 3.21% (FCF TTM 5.07b / Revenue TTM 158b)
Net Margin = 0.33% (Net Income TTM 526.9m / Revenue TTM 158b)
Gross Margin = 2.62% ((Revenue TTM 158b - Cost of Revenue TTM 154b) / Revenue TTM)
Gross Margin QoQ = 3.06% (prev 2.75%)
Tobins Q-Ratio = 0.86 (Enterprise Value 46.6b / Total Assets 54.0b)
Interest Expense / Debt = 4.68% (Interest Expense 1.90b / Debt 40.5b)
Taxrate = 22.63% (154.1m / 681.0m)
NOPAT = 2.04b (EBIT 2.63b * (1 - 22.63%))
Current Ratio = 0.85 (Total Current Assets 14.7b / Total Current Liabilities 17.4b)
Debt / Equity = 14.25 (Debt 40.5b / totalStockholderEquity, last quarter 2.84b)
Debt / EBITDA = 14.07 (Net Debt 38.3b / EBITDA 2.72b)
Debt / FCF = 7.56 (Net Debt 38.3b / FCF TTM 5.07b)
Total Stockholder Equity = 2.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.19% (Net Income 526.9m / Total Assets 54.0b)
RoE = 20.18% (Net Income TTM 526.9m / Total Stockholder Equity 2.61b)
RoCE = 10.57% (EBIT 2.63b / Capital Employed (Equity 2.61b + L.T.Debt 22.3b))
RoIC = 2.92% (NOPAT 2.04b / Invested Capital 69.8b)
WACC = 4.56% (E(8.28b)/V(48.8b) * Re(9.16%) + D(40.5b)/V(48.8b) * Rd(4.68%) * (1-Tc(0.23)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.89 | Cagr: 53.81%
[DCF] Terminal Value 77.97% ; FCFF base≈3.44b ; Y1≈3.94b ; Y5≈5.80b
[DCF] Fair Price = 405.8 (EV 87.3b - Net Debt 38.3b = Equity 48.9b / Shares 120.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 93.14 | EPS CAGR: 39.14% | SUE: 1.57 | # QB: 3
Revenue Correlation: 98.03 | Revenue CAGR: 43.12% | SUE: 1.73 | # QB: 12
EPS current Quarter (2026-12-31): EPS=1.13 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-09-30): EPS=4.63 | Chg30d=+8.35% | Revisions=+25% | GrowthEPS=+73.0% | GrowthRev=-35.9%
EPS next Year (2027-09-30): EPS=4.73 | Chg30d=+6.69% | Revisions=+25% | GrowthEPS=+2.2% | GrowthRev=+0.0%