Macquarie Group Limited

OTCPK:MCQE.F Stock Report

Market Cap: US$49.8b

Macquarie Group Valuation

Is MCQE.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MCQE.F when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MCQE.F ($147.76) is trading above our estimate of fair value ($111.82)

Significantly Below Fair Value: MCQE.F is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MCQE.F?

Key metric: As MCQE.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MCQE.F. This is calculated by dividing MCQE.F's market cap by their current earnings.
What is MCQE.F's PE Ratio?
PE Ratio22.3x
EarningsAU$3.57b
Market CapAU$79.66b

Price to Earnings Ratio vs Peers

How does MCQE.F's PE Ratio compare to its peers?

The above table shows the PE ratio for MCQE.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.2x
BK Bank of New York Mellon
16.8x10.7%US$56.4b
NDAQ Nasdaq
46.6x17.6%US$44.7b
ARES Ares Management
82.2x38.4%US$55.1b
AMP Ameriprise Financial
19.1x9.2%US$51.6b
MCQE.F Macquarie Group
22.3x9.8%US$79.7b

Price-To-Earnings vs Peers: MCQE.F is good value based on its Price-To-Earnings Ratio (22.3x) compared to the peer average (41.2x).

Price to Earnings Ratio vs Industry

How does MCQE.F's PE Ratio compare vs other companies in the US Capital Markets Industry?

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.6xn/aUS$2.26b
CET Central Securities
4.4xn/aUS$1.29b
GAM General American Investors Company
4.2xn/aUS$1.20b
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
MCQE.F 22.3xIndustry Avg. 23.6xNo. of Companies73PE020406080100+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MCQE.F is good value based on its Price-To-Earnings Ratio (22.3x) compared to the US Capital Markets industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is MCQE.F's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MCQE.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MCQE.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MCQE.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$147.76
US$138.89
-6.0%
11.7%US$160.11US$107.99n/a12
Dec ’25n/a
US$138.89
0%
11.7%US$160.11US$107.99n/a12
Nov ’25US$151.75
US$138.10
-9.0%
12.4%US$163.88US$109.65n/a11
Oct ’25n/a
US$138.98
0%
11.1%US$170.47US$114.06n/a12
Sep ’25n/a
US$129.81
0%
8.6%US$153.04US$109.40n/a12
Aug ’25US$136.10
US$129.81
-4.6%
8.6%US$153.04US$109.40n/a12
Jul ’25US$134.05
US$128.59
-4.1%
7.7%US$143.44US$111.60n/a12
Jun ’25US$122.00
US$127.48
+4.5%
7.2%US$142.36US$110.75n/a13
May ’25n/a
US$125.05
0%
8.2%US$146.62US$104.91n/a12
Apr ’25US$130.55
US$125.04
-4.2%
8.2%US$147.10US$105.26n/a12
Mar ’25US$124.09
US$123.84
-0.2%
6.7%US$134.07US$105.30n/a12
Feb ’25US$125.00
US$121.48
-2.8%
6.6%US$134.28US$105.46n/a12
Jan ’25US$125.50
US$122.59
-2.3%
6.8%US$135.41US$107.92n/a12
Dec ’24US$112.00
US$118.79
+6.1%
6.6%US$131.49US$104.80n/a13
Nov ’24US$102.25
US$120.67
+18.0%
6.4%US$135.83US$107.40US$151.7513
Oct ’24US$106.00
US$122.90
+15.9%
5.6%US$134.53US$112.64n/a13
Sep ’24US$111.15
US$121.01
+8.9%
6.5%US$134.01US$105.80n/a14
Aug ’24US$114.07
US$126.60
+11.0%
7.5%US$145.02US$109.77US$136.1014
Jul ’24n/a
US$131.00
0%
7.9%US$147.72US$111.80US$134.0514
Jun ’24US$114.38
US$131.00
+14.5%
7.9%US$147.72US$111.80US$122.0014
May ’24n/a
US$133.62
0%
8.8%US$153.13US$109.38n/a13
Apr ’24US$111.50
US$132.56
+18.9%
8.8%US$151.91US$108.51US$130.5513
Mar ’24US$127.64
US$139.36
+9.2%
8.8%US$159.84US$114.17US$124.0913
Feb ’24US$130.00
US$136.23
+4.8%
9.8%US$155.48US$106.98US$125.0013
Jan ’24US$115.70
US$128.14
+10.8%
9.3%US$145.60US$101.58US$125.5013
Dec ’23US$119.50
US$131.54
+10.1%
10.4%US$151.61US$101.07US$112.0014

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:12
End of Day Share Price 2024/12/16 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Macquarie Group Limited is covered by 29 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brett Le MesurierAxiome Equities
Craig StaffordBarrenjoey Markets Pty Limited
Jonathan MottBarrenjoey Markets Pty Limited