SNEX Stock Analysis: Stonex | NASDAQ
Capital Markets | NASDAQ, USA | Market Cap: 6.724m USD | 12M Return: 27.2% | US8618961085 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 58.7M
EPS Trend: 93.1%
Qual. Beats: 3
Rev. Trend: 98.0%
Qual. Beats: 12
Warnings
Tailwinds
Seasonality 11.7 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 headquartered in New York, operating across the United States, Europe, South America, the Middle East, and Asia. Founded in 1924 and formerly known as INTL FCStone until rebranding in July 2020, the company runs four business segments: Commercial, Institutional, Self-Directed/Retail, and Payments. Its commercial arm provides hedging, physical commodity trading, financing, logistics, and institutional dealing in fixed income, while the self-directed/retail segment offers trading in FX, precious metals, CFDs, and spread bets, along with wealth management and physical bullion products through Stonexbullion.com. The company serves a broad client base including corporations, asset managers, broker-dealers, insurance companies, and individual traders. With a mid-cap market capitalization of approximately $7.9 billion, StoneX is classified within the Investment Banking & Brokerage sub-industry of the financials sector.
- Global Payments segment drives record revenue growth
- Interest rate volatility boosts fixed income trading volumes
- Agricultural commodities hedging demand expands in emerging markets
| 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: -2.06% < 20% (prev 9.23%; Δ -11.29% < -1%) |
| CFO/TA 0.10 > 3% & CFO 5.14b > Net Income 526.9m |
| Net Debt (38.3b) to EBITDA (2.77b): 13.85 < 3 |
| Current Ratio: 0.82 > 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: -0.06 (Total Current Assets 14.7b - Total Current Liabilities 18.0b) / 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'' = 0.19 = 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 November 01, 2026, the stock is trading at USD 52.83 with a total of 1,370,239 shares traded. Over the past week, the price has changed by -6.58%, over one month by -19.03%, over three months by -31.94% and over the past year by +27.23%.
Current recommended Stop Loss: 49.90 (which is 5.5% or 1.3 ATR below the current price).
Stonex has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy SNEX.
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 66 | 24.9% |
P/E Trailing = 18.4603
P/E Forward = 9.7943
P/S = 0.0432
P/B = 2.3971
Revenue TTM = 158b USD
EBIT TTM = 2.63b USD
EBITDA TTM = 2.77b 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 = 45.1b USD (6.72b + Debt 40.5b - CCE 2.19b)
Interest Coverage Ratio = 1.39 (Ebit TTM 2.63b / Interest Expense TTM 1.90b)
EV/FCF = 8.89x (Enterprise Value 45.1b / FCF TTM 5.07b)
FCF Yield = 11.25% (FCF TTM 5.07b / Enterprise Value 45.1b)
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 = 0.83 (Enterprise Value 45.1b / 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 = 0.82 (Total Current Assets 14.7b / Total Current Liabilities 18.0b)
Debt / Equity = 14.25 (Debt 40.5b / totalStockholderEquity, last quarter 2.84b)
Debt / EBITDA = 13.85 (Net Debt 38.3b / EBITDA 2.77b)
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 = 3.93% (NOPAT 2.04b / Invested Capital 51.9b)
WACC = 4.32% (E(6.72b)/V(47.3b) * Re(8.57%) + D(40.5b)/V(47.3b) * Rd(4.68%) * (1-Tc(0.23)))
Discount Rate = 8.57% (= 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=1.15 | Chg30d=+0.00% | Revisions=+40% | Analysts=2
EPS current Year (2026-09-30): EPS=4.63 | Chg30d=+8.35% | Revisions=+25% | GrowthEPS=+73.0% | GrowthRev=-5.6%
EPS next Year (2027-09-30): EPS=4.73 | Chg30d=+6.69% | Revisions=+25% | GrowthEPS=+2.2% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +57% (up=4, down=0)