11 Best Undervalued UK Stocks to Buy Right Now

Page 4 of 10

7. Marex Group plc (NASDAQ:MRX)

Forward P/E Ratio: 11.21

Number of Hedge Fund Holders: 26

Marex Group plc (NASDAQ:MRX) is a diversified financial services platform that provides various services including liquidity provision, market access, and infrastructure services across energy, commodities, and financial markets. The company through its platform connects clients to global exchanges and offers execution, clearing, and advisory services.

At the start of April, the company announced completing the strategic acquisition of Abu Dhabi-based Aarna Capital. This move is significant as it marks the company’s expansion in the Middle Eastern market and also strengthens its clearing line of business. This acquisition has allowed Marex Group plc (NASDAQ:MRX) to gain access to 180 local clients in Abu Dhabi and is expected to contribute 5% to the net profit of the company from 2025.

Moreover, the company recently released its preliminary outlook for the first quarter of 2025, which reflects a significant year-over-year increase. Marex Group plc (NASDAQ:MRX) anticipates the first quarter revenue to be in the range of $449.3 million to $464.3 million, up from $365.8 million in Q1 2024. In addition, the net profit before tax is also expected to reach $92.3 million to $97.3 million in comparison to a profit of $67.7 million last year. It is one of the best undervalued UK stocks to buy right now.

Page 4 of 10