Company Valuation: Interactive Brokers Group, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,797 7,443 8,872 19,236 28,641 41,090 - -
Change - -4.54% 19.2% 116.82% 48.9% 43.46% - -
Enterprise Value (EV) 1 7,797 7,443 16,483 15,617 23,697 32,706 33,167 29,247
Change - -4.54% 121.46% -5.25% 51.74% 38.01% 1.41% -11.82%
P/E 24.5x 19.3x 14.6x 25.5x 29x 33.4x 28.4x 25.7x
PBR - - 2.48x 4.5x 5.34x 6.3x 5.27x 4.41x
PEG - 1.2x 0.3x 1.1x 1x 1.5x 1.6x 2.4x
Capitalization / Revenue 2.87x 2.32x 2.03x 3.66x 4.65x 5.51x 4.73x 4.13x
EV / Revenue 2.87x 2.32x 3.77x 2.97x 3.85x 4.38x 3.82x 2.94x
EV / EBITDA - - 5.16x 4.04x 4.92x 5.62x 4.93x 3.97x
EV / EBIT 4.21x 3.47x 5.32x 4.15x 5.02x 5.69x 4.93x 4.02x
EV / FCF - - - - 1.51x 6.16x 5.28x 3.99x
FCF Yield - - - - 66.4% 16.2% 18.9% 25.1%
Dividend per Share 2 0.1 - 0.1 0.2125 - 0.3454 0.419 0.5341
Rate of return 0.5% - 0.48% 0.48% - 0.38% 0.46% 0.59%
EPS 2 0.81 0.9375 1.418 1.732 2.22 2.718 3.191 3.529
Distribution rate 12.3% - 7.05% 12.3% - 12.7% 13.1% 15.1%
Net sales 1 2,714 3,213 4,367 5,257 6,156 7,459 8,687 9,949
EBITDA 1 - - 3,195 3,868 4,819 5,823 6,727 7,370
EBIT 1 1,854 2,144 3,096 3,767 4,722 5,751 6,726 7,275
Net income 1 308 380 600 755 984 1,218 1,448 1,647
Net Debt 1 - - 7,611 -3,619 -4,944 -8,384 -7,923 -11,843
Reference price 2 19.86 18.09 20.72 44.17 64.31 90.69 90.69 90.69
Nbr of stocks (in thousands) 392,693 411,489 428,062 435,516 445,364 453,078 - -
Announcement Date 18/01/22 17/01/23 16/01/24 21/01/25 20/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
33.37x4.38x5.62x0.38% 41.09B
9.31x4.14x - 3.55% 43.43B
18.97x10.75x12.09x0.66% 43.37B
4.95x5.66x - 6.22% 16.62B
10.96x - - 3.95% 10.51B
9.53x1.6x4.8x7% 10.16B
8.28x - - 4.85% 6.97B
13.35x - - 2.28% 6.14B
8.07x - - 3.81% 5.47B
Average 12.98x 5.31x 7.50x 3.63% 20.42B
Weighted average by Cap. 16.74x 6.06x 8.50x 2.63%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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