WallStSmart

MarketAxess Holdings Inc (MKTX)vsRoyal Bank of Canada (RY)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Royal Bank of Canada generates 7395% more annual revenue ($63.42B vs $846.27M). RY leads profitability with a 33.1% profit margin vs 29.1%. MKTX appears more attractively valued with a PEG of 1.33. MKTX earns a higher WallStSmart Score of 70/100 (B-).

MKTX

Strong Buy

70

out of 100

Grade: B-

Growth: 6.7Profit: 9.0Value: 5.7Quality: 7.3
Piotroski: 4/9Altman Z: 4.93

RY

Strong Buy

68

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 5.7Quality: 5.0

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

MKTX4 strengths · Avg: 9.3/10
Operating MarginProfitability
36.8%10/10

Strong operational efficiency at 36.8%

Altman Z-ScoreHealth
4.9310/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
29.1%9/10

Keeps 29 of every $100 in revenue as profit

EPS GrowthGrowth
45.3%8/10

Earnings expanding 45.3% YoY

RY6 strengths · Avg: 9.3/10
Market CapQuality
$250.25B10/10

Mega-cap, among the largest globally

Profit MarginProfitability
33.1%10/10

Keeps 33 of every $100 in revenue as profit

Operating MarginProfitability
46.2%10/10

Strong operational efficiency at 46.2%

Free Cash FlowQuality
$37.30B10/10

Generating 37.3B in free cash flow

P/E RatioValuation
16.9x8/10

Attractively priced relative to earnings

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

Areas to Watch

MKTX1 concerns · Avg: 4.0/10
Revenue GrowthGrowth
3.5%4/10

3.5% revenue growth

RY1 concerns · Avg: 4.0/10
PEG RatioValuation
2.304/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : MKTX

The strongest argument for MKTX centers on Operating Margin, Altman Z-Score, Profit Margin. Profitability is solid with margins at 29.1% and operating margin at 36.8%. PEG of 1.33 suggests the stock is reasonably priced for its growth.

Bull Case : RY

The strongest argument for RY centers on Market Cap, Profit Margin, Operating Margin. Profitability is solid with margins at 33.1% and operating margin at 46.2%.

Bear Case : MKTX

The primary concerns for MKTX are Revenue Growth.

Bear Case : RY

The primary concerns for RY are PEG Ratio.

Key Dynamics to Monitor

MKTX profiles as a value stock while RY is a mature play — different risk/reward profiles.

MKTX carries more volatility with a beta of 1.00 — expect wider price swings.

RY is growing revenue faster at 7.5% — sustainability is the question.

RY generates stronger free cash flow (37.3B), providing more financial flexibility.

Bottom Line

MKTX scores higher overall (70/100 vs 68/100), backed by strong 29.1% margins. Both earn "Strong Buy" and "Strong 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.

Royal Bank of Canada

FINANCIAL SERVICES · BANKS - DIVERSIFIED · USA

Royal Bank of Canada is a globally diversified financial services company. The company is headquartered in Toronto, Canada.

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