MSCI INC (3HM.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:3HM - US55354G1004 - Common Stock
499.6 EUR
-4.4 (-0.87%)
We assign a fundamental rating of 5 out of 10 to 3HM. 3HM was compared to 121 industry peers in the Capital Markets industry. While 3HM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. 3HM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year 3HM was profitable.
- In the past year 3HM had a positive cash flow from operations.
- In the past 5 years 3HM has always been profitable.
- In the past 5 years 3HM always reported a positive cash flow from operatings.
1.2 Ratios
- 3HM has a Return On Assets of 22.70%. This is amongst the best in the industry. 3HM outperforms 98.35% of its industry peers.
- 3HM's Return On Invested Capital of 35.11% is amongst the best of the industry. 3HM outperforms 99.17% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for 3HM is significantly above the industry average of 8.43%.
- The last Return On Invested Capital (35.11%) for 3HM is above the 3 year average (29.39%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.7% | ||
| ROE | N/A | ||
| ROIC | 35.11% |
ROA(3y)19.53%
ROA(5y)17.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)29.39%
ROIC(5y)26.42%
1.3 Margins
- 3HM has a Profit Margin of 40.03%. This is amongst the best in the industry. 3HM outperforms 85.12% of its industry peers.
- In the last couple of years the Profit Margin of 3HM has remained more or less at the same level.
- 3HM has a Operating Margin of 54.17%. This is amongst the best in the industry. 3HM outperforms 89.26% of its industry peers.
- In the last couple of years the Operating Margin of 3HM has grown nicely.
- The Gross Margin of 3HM (82.37%) is better than 80.99% of its industry peers.
- In the last couple of years the Gross Margin of 3HM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.17% | ||
| PM (TTM) | 40.03% | ||
| GM | 82.37% |
OM growth 3Y0.65%
OM growth 5Y1.98%
PM growth 3Y3.01%
PM growth 5Y1.42%
GM growth 3Y-0.19%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
- 3HM has less shares outstanding than it did 1 year ago.
- 3HM has less shares outstanding than it did 5 years ago.
- 3HM has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 6.55 indicates that 3HM is not in any danger for bankruptcy at the moment.
- 3HM has a Altman-Z score of 6.55. This is amongst the best in the industry. 3HM outperforms 93.39% of its industry peers.
- The Debt to FCF ratio of 3HM is 3.97, which is a good value as it means it would take 3HM, 3.97 years of fcf income to pay off all of its debts.
- 3HM's Debt to FCF ratio of 3.97 is fine compared to the rest of the industry. 3HM outperforms 79.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 6.55 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- A Current Ratio of 0.88 indicates that 3HM may have some problems paying its short term obligations.
- 3HM has a Current ratio (0.88) which is in line with its industry peers.
- 3HM has a Quick Ratio of 0.88. This is a bad value and indicates that 3HM is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 0.88, 3HM is in line with its industry, outperforming 56.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
- 3HM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.42%, which is quite good.
- 3HM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.74% yearly.
- The Revenue has grown by 9.02% in the past year. This is quite good.
- The Revenue has been growing by 12.89% on average over the past years. This is quite good.
EPS 1Y (TTM)14.42%
EPS 3Y15.17%
EPS 5Y18.74%
EPS Q2Q%15.8%
Revenue 1Y (TTM)9.02%
Revenue growth 3Y11.81%
Revenue growth 5Y12.89%
Sales Q2Q%9.48%
3.2 Future
- 3HM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.18% yearly.
- The Revenue is expected to grow by 8.67% on average over the next years. This is quite good.
EPS Next Y15.32%
EPS Next 2Y13.99%
EPS Next 3Y13.47%
EPS Next 5Y13.18%
Revenue Next Year9.56%
Revenue Next 2Y9.44%
Revenue Next 3Y8.97%
Revenue Next 5Y8.67%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 34.77, 3HM can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Earnings ratio of 3HM is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, 3HM is valued a bit more expensive.
- The Price/Forward Earnings ratio is 29.61, which means the current valuation is very expensive for 3HM.
- 3HM's Price/Forward Earnings is on the same level as the industry average.
- 3HM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.77 | ||
| Fwd PE | 29.61 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 3HM indicates a somewhat cheap valuation: 3HM is cheaper than 63.64% of the companies listed in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of 3HM indicates a somewhat cheap valuation: 3HM is cheaper than 65.29% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.65 | ||
| EV/EBITDA | 26.77 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 3HM does not grow enough to justify the current Price/Earnings ratio.
- The excellent profitability rating of 3HM may justify a higher PE ratio.
- 3HM's earnings are expected to grow with 13.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.27
PEG (5Y)1.86
EPS Next 2Y13.99%
EPS Next 3Y13.47%
5. Dividend
5.1 Amount
- 3HM has a Yearly Dividend Yield of 1.21%.
- 3HM's Dividend Yield is comparable with the industry average which is at 3.07.
- 3HM's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
- The dividend of 3HM is nicely growing with an annual growth rate of 19.73%!
Dividend Growth(5Y)19.73%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- 44.68% of the earnings are spent on dividend by 3HM. This is a bit on the high side, but may be sustainable.
- 3HM's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.68%
EPS Next 2Y13.99%
EPS Next 3Y13.47%
MSCI INC / 3HM.DE FAQ
What is the ChartMill fundamental rating of MSCI INC (3HM.DE) stock?
ChartMill assigns a fundamental rating of 5 / 10 to 3HM.DE.
Can you provide the valuation status for MSCI INC?
ChartMill assigns a valuation rating of 3 / 10 to MSCI INC (3HM.DE). This can be considered as Overvalued.
Can you provide the profitability details for MSCI INC?
MSCI INC (3HM.DE) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for 3HM stock?
The Price/Earnings (PE) ratio for MSCI INC (3HM.DE) is 34.77 and the Price/Book (PB) ratio is -22.94.
How financially healthy is MSCI INC?
The financial health rating of MSCI INC (3HM.DE) is 4 / 10.