Added to YB: 2026-03-17
Pitch date: 2026-03-14
MRX [bullish]
Marex Group plc
-0.31%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Marex Group plc, a financial services platform provider company, provides liquidity, market access, and infrastructure services to clients in the energy, commodities, and financial markets in the United Kingdom, the United States, and internationally.
Market Cap
$2.5B
Pitch Price
$35.23
Price Target
55.20 (+58%)
Dividend
1.71%
EV/EBITDA
N/A
P/E
9.07
EV/Sales
N/A
Sector
Capital Markets
Category
value
Marex: An Overlooked High Quality Business at an Attractive Valuation
MRX: Diversified financial services firm scaling across clearing, agency & execution, market making, hedging. Adj PBT grew 47% CAGR since 2020 to $418M. Prime Services driving 160% YoY profit growth in A&E segment. Trading 8.4x 2026 EPS vs peer SNEX at 13x despite superior 30% ROE vs 22.5%. PE exit pressure ending. 48% upside to $51.84 PT. Key risks: cyclical volatility, cost pressures, rate cuts, liquidity/credit exposure.
Read full article (17 min)