IntrinsicIntrinsic
← Scroll for more →

Marcus & Millichap, Inc. (MMI)

Real Estate Agents & Managers (For Others)

Latest Price
$27.44
TTM P/E
76.22
Normalized P/E
44.64
TTM Div Yield
--
Fwd Div Yield
--
Book Value
15.31
P/B Ratio
1.79

Valuation metrics

adjust assumptions →
Norm. op. income: $54M (median of 7yr)
Tax rate: 27%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$14.37
48% downside
Base FCF: $36M (median of recent 5yr)
Growth: 25%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$74.55
+172% upside

Institutional Ownership

52.6% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.3.62M$112.0M9.56%-310.8K2026-06-30
Vanguard Portfolio Management LLC2.49M$77.0M6.58%-76.6K2026-06-30
Pzena Investment Management LLC2.14M$66.0M5.65%+128.2K2026-06-30
Dimensional Fund Advisors LP1.49M$46.0M3.93%+7.4K2026-06-30
Vanguard Capital Management LLC1.02M$31.0M2.69%-38.9K2026-06-30
State Street Corp949.4K$29.0M2.51%+11.2K2026-06-30
Geode Capital Management, LLC659.3K$20.0M1.74%+14.2K2026-06-30
Two Sigma Investments, LP551.1K$17.0M1.46%--2026-06-30
AQR Capital Management LLC472.3K$14.0M1.25%+290.2K2026-06-30
Royce & Associates LP470.0K$14.0M1.24%-41.7K2026-06-30
View all institutional holders →