Interactive Brokers Group Inc Class A
IBKR: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$793.00 | Wgklsy | Jwbnsbsr |
Interactive Brokers: Increasing Our Fair Value Estimate by 19%
We are increasing our fair value estimate for narrow-moat-rated Interactive Brokers to $140 per share from $118. This amounts to about 22 times our forward earnings per share estimate and 4 times price/2023 book value. Of the $22 increase, about $6 is from earnings since our previous valuation update, $5 is from increasing our revenue forecast, and $11 is from increasing our operating margin forecast.