Marchex Inc (MCHX) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Marchex Inc $0.24, price $1.29, upside -81.4%, quality 39 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range $1.23 – $3.54 · fair‑value band $0.1600 – $0.3000 · the $1.29 price screens above the $0.2400 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Marchex, Inc., a conversation intelligence company, provides conversational analytics and related solutions in the United States, Canada, and internationally.
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Marchex, Inc., a conversation intelligence company, provides conversational analytics and related solutions in the United States, Canada, and internationally. Its products include Marketing Edge that identifies which campaigns and channels are driving inbound conversations, evaluates what happens during those conversations, and closes the sales loop by connecting converted sales to marketing driven leads; Sonar Business Text Messaging, an artificial intelligence (AI) powered intelligent workflow enabled mobile messaging solution that enables operations, sales, and marketing teams to communicate personally with field staff, prospects, and customers; and Marchex Platform Services, a robust API-based conversation intelligence product that allows executives, sales, customer engagement, and marketing teams to apply Marchex AI to most any calls, regardless of communication platform, to identify actionable insights from conversations with their customers. The company also provides Spotlight, an AI conversation analytics product for multi-location businesses; Engage, a solution that provides locations with applications to enhance their overall performance; Call Summary and Sentiment Suite, are capabilities powered by generative AI that analyze and generate summaries of consumer-to-business calls; and AI for Industry Solution, provides automatic lead qualification, identifying high value leads with industry specific indicators to target the most valuable opportunities, and improved attribution, allowing businesses to segment audiences and improve automated bidding using attributes such as product/service, lead outcome, lead value, and topics. Marchex, Inc. was incorporated in 2003 and is headquartered in Seattle, Washington.
Stock analysis
Marchex Inc (MCHX) currently trades at $1.29, while our model-based Fair Value estimate is $0.2400, 81.4% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: $0.1600 (bear) to $0.3000 (bull), the price of $1.29 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 39/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Marchex Inc reported revenue of $45.4M in FY2025 versus $53.5M in FY2021, a compound −4.0%/yr. Reported net income was −$5.2M in FY2025.
Key figures
Market cap $62.6M · P/S ratio 1.45 · EPS (TTM) $−0.1100 · Net margin −11.5% · Return on equity −16.5% · Return on assets (EBIT) −14.8% · Operating margin −12.7% · Revenue (TTM) $44.6M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 25 out of 100 (low confidence).
What moves the price
The share trades about 35% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 23% fair-value upside, at −81%, MCHX screens richer than that median.
Fair Value models
Bear $0.1600Fair Value $0.2400Bull $0.3000
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.0/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−5.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−4.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.4%
Start year 2020 (pandemic). Over 10 years: −10.8% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.8%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−86.0% (2020) → −9.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Advertising Agencies · 187 stocks
Beats the industry median on 0/9 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−81.4% · Bottom 25%
Profitability
Return on assets−6.1% · Bottom 25%
Net margin (TTM)−11.2% · Bottom 25%
Operating margin (TTM)−12.7% · Bottom 25%
Growth and dividend
Revenue growth−6.9% · Bottom 25%
Valuation Multiplesvs Advertising Agencies median · lower = cheaper
P/B2.08× · Priciest 25%
P/S (TTM)1.40× · Priciest 25%
PEG21.93× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 29
FUTURE (revenue growth)0· sector 15
PAST (return on equity)0· sector 8
HEALTH (low debt)100· sector 98
DIVIDEND (yield)0· sector 54
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Marchex Inc Fair Value". https://www.fairvalue-calculator.com/stock/MCHX
Frequently asked questions
Is Marchex Inc (MCHX) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $0.2400 versus a price of $1.29, about −81% upside (overvalued).
What is the fair value of MCHX?
Our model-based fair value for Marchex Inc is $0.2400 (as of Sep 24, 2026), built from audited fundamentals. The current price: $1.29.
What is the quality score of MCHX?
Marchex Inc has a Quality Score of 39/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Marchex Inc (MCHX)?
Our model-based price target is the fair value of $0.2400 (as of Sep 24, 2026) from 1 valuation models. Cautious scenario $0.1600, optimistic scenario $0.3000. It is a calculation from audited fundamentals, not an analyst target.
What is the Marchex Inc stock forecast for 2026?
Our models put fair value at $0.2400, about −81% upside versus a price of $1.29 (overvalued). Cautious scenario $0.1600, optimistic scenario $0.3000. The calculation is refreshed regularly with new filings.
What is the revenue of Marchex Inc (MCHX)?
Marchex Inc reported trailing-twelve-month revenue of about $44.6M (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Marchex Inc (MCHX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Marchex Inc it is $0.2400 per share (as of Sep 24, 2026), against a price of $1.29. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Marchex Inc stock overvalued or undervalued in 2026?
As of Sep 24, 2026, MCHX trades above its calculated fair value: price $1.29, fair value $0.2400, a gap of about −81% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MCHX?
No. The price is what the market pays today ($1.29); the fair value is what the company's own numbers justify ($0.2400). For Marchex Inc the two are $1.05 per share apart. That gap is exactly why we show both numbers side by side.
How much is Marchex Inc worth?
The market values Marchex Inc at about $62.6M (market capitalisation, as of Sep 24, 2026). Per share that is $1.29; our models calculate a fair value of $0.2400 per share.
What do the bullish and bearish scenarios say about MCHX?
Our models span a range for Marchex Inc: cautious scenario $0.1600, base $0.2400, optimistic $0.3000 per share (as of Sep 24, 2026, price $1.29). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of MCHX?
The PEG ratio of Marchex Inc is 21.93 (P/E divided by earnings growth, as of Sep 24, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Marchex Inc (MCHX)?
Balance-sheet figures for Marchex Inc (as of Sep 24, 2026): return on equity −16.5%. They feed the Quality Score of 39/100, which measures business quality independently of the share price.
How far is MCHX from its 52-week high?
Marchex Inc trades at $1.29, about 35% below its 52-week high of $1.98 and 5% above the low of $1.23 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $0.2400 is for.
Which stocks are comparable to Marchex Inc?
From the same area (Communication Services) we also value AppLovin Corporation, Publicis Groupe S.A, Omnicom Group, Focus Media Information Technology Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Marchex Inc stock attractive at the current price?
The data as of Sep 24, 2026: price $1.29, calculated fair value $0.2400 (−81%), Quality Score 39/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MCHX calculated?
We run Marchex Inc through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $0.2400, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Marchex Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Marchex Inc (MCHX)?
The closing price on Oct 2, 2026 was $1.29. Our model-based fair value is $0.2400, about −81% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Marchex Inc right now?
The price sits above even our optimistic bull case ($0.3000). The favourable scenario is already priced in. Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range ($0.1600 to $0.3000) leaves room in how you read the outcome.
Key figures of Marchex Inc
How large is the market capitalisation of Marchex Inc (MCHX)?
The market capitalisation of Marchex Inc is $62.6M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Marchex Inc (MCHX)?
The price-to-sales ratio of Marchex Inc is 1.45 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Marchex Inc (MCHX)?
Earnings per share at Marchex Inc are $−0.1100. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Marchex Inc (MCHX)?
The net margin of Marchex Inc is −11.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Marchex Inc (MCHX)?
The return on equity (ROE) of Marchex Inc is −16.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Marchex Inc (MCHX)?
On an EBIT basis the return on assets of Marchex Inc is −14.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Marchex Inc (MCHX)?
The operating margin of Marchex Inc is −12.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Marchex Inc (MCHX)?
Revenue at Marchex Inc is growing −6.9% versus a year earlier (3y avg −4.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Marchex Inc (MCHX) generate?
The free cash flow of Marchex Inc is −$1.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Marchex Inc (MCHX) hold?
Marchex Inc holds more cash than debt, $9.2M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Sep 24, 2026