Professional
Added to YB: 2025-01-10
Pitch date: 2025-01-02
MRX [bullish]
Marex Group plc
+43.82%
current return
Author Info
Night Watch Investment Management is an alternative asset manager focused on global equities, selected based on our in-depth proprietary research. Our investment style is best described as value plus catalyst. Visit their website.
Company Info
Marex Group plc, a financial services platform company, provides liquidity, market access, and infrastructure services to clients in the commodity and financial markets in the United Kingdom, the United States, and internationally.
Market Cap
$3.2B
Pitch Price
$32.00
Price Target
N/A
Dividend
1.35%
EV/EBITDA
N/A
P/E
11.54
EV/Sales
N/A
Sector
Capital Markets
Category
growth
Night Watch Investment Management New Position: Marex Group plc
MRX: Largest non-bank futures broker, benefits from volatility. >15% organic CAGR since 2020, >25% ROE. Growth from M&A. Trades at ~10x 2025 P/E despite 60% run-up since purchase. Counter-cyclical play with long-term growth in traded futures.
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