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 40,007 - -
Change - -4.54% 19.2% 116.82% 48.9% 39.68% - -
Enterprise Value (EV) 1 7,797 7,443 16,483 15,617 23,697 31,779 32,259 28,357
Change - -4.54% 121.46% -5.25% 51.74% 34.1% 1.51% -12.1%
P/E 24.5x 19.3x 14.6x 25.5x 29x 32.3x 27.4x 25x
PBR - - 2.48x 4.5x 5.34x 6.13x 5.13x 4.29x
PEG - 1.2x 0.3x 1.1x 1x 1.4x 1.5x 2.52x
Capitalization / Revenue 2.87x 2.32x 2.03x 3.66x 4.65x 5.38x 4.62x 3.99x
EV / Revenue 2.87x 2.32x 3.77x 2.97x 3.85x 4.28x 3.72x 2.83x
EV / EBITDA - - 5.16x 4.04x 4.92x 5.47x 4.75x 3.73x
EV / EBIT 4.21x 3.47x 5.32x 4.15x 5.02x 5.53x 4.78x 3.85x
EV / FCF - - - - 1.51x 5.97x 4.99x 3.59x
FCF Yield - - - - 66.4% 16.8% 20% 27.9%
Dividend per Share 2 0.1 - 0.1 0.2125 0.3025 0.3448 0.4161 0.523
Rate of return 0.5% - 0.48% 0.48% 0.47% 0.39% 0.47% 0.59%
EPS 2 0.81 0.9375 1.418 1.732 2.22 2.73 3.217 3.536
Distribution rate 12.3% - 7.05% 12.3% 13.6% 12.6% 12.9% 14.8%
Net sales 1 2,714 3,213 4,367 5,257 6,156 7,432 8,663 10,020
EBITDA 1 - - 3,195 3,868 4,819 5,810 6,795 7,599
EBIT 1 1,854 2,144 3,096 3,767 4,722 5,746 6,753 7,359
Net income 1 308 380 600 755 984 1,219 1,464 1,687
Net Debt 1 - - 7,611 -3,619 -4,944 -8,228 -7,747 -11,650
Reference price 2 19.86 18.09 20.72 44.17 64.31 88.30 88.30 88.30
Nbr of stocks (in thousands) 392,693 411,489 428,062 435,516 445,364 453,078 - -
Announcement Date 1/18/22 1/17/23 1/16/24 1/21/25 1/20/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
14.8x6.84x - 2.26% 299B
13.13x10.21x - 2.11% 273B
11.5x - - 1.96% 216B
15.55x6.24x10.39x1.31% 167B
12.74x8.83x14.28x2.65% 60.7B
9.57x1.35x - 3.85% 57.41B
18.37x10.3x11.58x0.68% 41.98B
8.97x4.04x - 3.69% 41.55B
32.34x4.28x5.47x0.39% 40.01B
Average 15.22x 6.51x 10.43x 2.1% 132.95B
Weighted average by Cap. 14.08x 7.40x 10.68x 2.07%

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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