Fundamentals snapshot
MTC · NCM · Financial Services · Capital Markets
Current price
$6.07
52-week range
$0.25 - $9.10
Market cap
$604.50M
One-glance verdict
We don't put a cash-flow fair value on banks and insurers. For these companies the reported 'cash flow' is really just money moving between loans, deposits and trades — not the leftover profit the owners could actually pocket — so the usual method would print a misleading number.
Balance sheet
Net cash $3.14M. Interest coverage shows how many times profit covers the interest bill.
What stands out
What this company does
MMTec, Inc. provides technology platforms and services that help financial companies trade and settle securities around the world. Their main money comes from selling these tech solutions and offering services like market data and consulting to firms like hedge funds and brokerage houses. This matters because it helps these financial institutions operate more smoothly and efficiently in the complex world of stock trading.
MMTec, Inc. was founded in 2018 and is headquartered in Hong Kong. It went public on the Nasdaq stock exchange in January 2019. The company operates as a full-service investment bank and asset management firm, aiming to provide comprehensive financial services. MMTec focuses on connecting Chinese institutional investors with overseas capital markets, offering technology-based solutions for securities transactions and settlements. The company has faced challenges, including notifications from Nasdaq regarding minimum bid price deficiencies and a history of stock price volatility.
MMTec provides technology platforms and services that help financial institutions conduct transactions and manage investments in the securities markets worldwide. Think of it as building the digital highways and tools that allow banks and investment firms to buy and sell stocks and other financial products smoothly and securely. They offer solutions for various stages of the investment process, from setting up funds to executing trades and settling them. Their clients are typically institutional investors like hedge funds and brokerage firms.
This segment of MMTec is focused on providing essential data and advice to its clients. It offers market data services, which means they supply real-time information about stock prices, trading volumes, and other crucial financial indicators that investors need to make informed decisions. Additionally, this part of the business provides consulting services, helping clients navigate the complexities of the financial markets. This segment is a key revenue generator for the company, serving customers primarily in China.
MM Global operates as an introducing broker. In simple terms, this means they connect clients to larger clearing broker-dealers who handle the actual execution and settlement of trades. MMTec, through MM Global, earns commission income and fees for facilitating these transactions. This segment is crucial for MMTec's business as it directly generates revenue by enabling clients to trade in securities markets, particularly for those seeking access to overseas markets.
MMTec's strategy appears to revolve around leveraging its technology platforms to facilitate cross-border securities transactions, particularly for Chinese investors looking to access international markets. Management is focused on providing a suite of services that cover the entire investment lifecycle, from data and consulting to trade execution and settlement. The company aims to be a one-stop shop for institutional investors, offering integrated solutions that streamline complex financial operations. They are also involved in investment banking services, advising companies on IPOs and other financing activities.
Price history
Earnings history
Click any quarter to read the call summary and what the numbers say.
Is it cheap or expensive?
For a bank or insurer, the "free cash flow" shown on its statements is mostly money flowing through loans, deposits and trades — not the leftover profit the owners could actually keep, which is what this kind of valuation needs. Running that through the usual method would spit out a meaningless number, so we leave the cash-flow fair value out here rather than show you something misleading.
Is it drowning in debt?
Net cash $3.1M - more cash than debt. Interest coverage -3.2x.
MMTec, Inc. is healthier than 0 of 1 peers on balance-sheet leverage.
Total debt $3.37M Interest coverage -3.19x This is the baseline the peer rows are being compared against.
What you should know
The numbers
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Valuation
Profitability
Health
Growth
Cash flow
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Metric explainer
Debt comparison
What you should know