GCM GROSVENOR INC - CLASS A (GCMG) Stock Fundamental Analysis
NASDAQ:GCMG - Nasdaq - US36831E1082 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to GCMG. GCMG was compared to 233 industry peers in the Capital Markets industry. GCMG has a bad profitability rating. Also its financial health evaluation is rather negative. GCMG has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
GCMG had positive earnings in the past year.
In the past year GCMG had a positive cash flow from operations.
GCMG had positive earnings in each of the past 5 years.
In the past 5 years GCMG always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 2.94%, GCMG perfoms like the industry average, outperforming 52.79% of the companies in the same industry.
GCMG's Return On Invested Capital of 20.27% is amongst the best of the industry. GCMG outperforms 97.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | N/A | ||
| ROIC | 20.27% |
ROA(3y)3.24%
ROA(5y)2.81%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GCMG's Profit Margin of 3.21% is on the low side compared to the rest of the industry. GCMG is outperformed by 69.10% of its industry peers.
In the last couple of years the Profit Margin of GCMG has declined.
Looking at the Operating Margin, with a value of 19.77%, GCMG is doing worse than 60.94% of the companies in the same industry.
In the last couple of years the Operating Margin of GCMG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.77% | ||
| PM (TTM) | 3.21% | ||
| GM | N/A |
OM growth 3Y-11.63%
OM growth 5Y-7.17%
PM growth 3Y-2.95%
PM growth 5Y-19.94%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
GCMG has more shares outstanding than it did 1 year ago.
GCMG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GCMG has an improved debt to assets ratio.
2.2 Solvency
GCMG has an Altman-Z score of 3.04. This indicates that GCMG is financially healthy and has little risk of bankruptcy at the moment.
GCMG has a Altman-Z score of 3.04. This is in the better half of the industry: GCMG outperforms 77.25% of its industry peers.
GCMG has a debt to FCF ratio of 2.99. This is a good value and a sign of high solvency as GCMG would need 2.99 years to pay back of all of its debts.
GCMG's Debt to FCF ratio of 2.99 is fine compared to the rest of the industry. GCMG outperforms 77.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.99 | ||
| Altman-Z | 3.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
GCMG has a Current Ratio of -0.41. This is a bad value and indicates that GCMG is not financially healthy enough and could expect problems in meeting its short term obligations.
GCMG's Current ratio of -0.41 is on the low side compared to the rest of the industry. GCMG is outperformed by 96.57% of its industry peers.
A Quick Ratio of -0.41 indicates that GCMG may have some problems paying its short term obligations.
GCMG's Quick ratio of -0.41 is on the low side compared to the rest of the industry. GCMG is outperformed by 96.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | -0.41 | ||
| Quick Ratio | -0.41 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.31% over the past year.
Measured over the past years, GCMG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -42.92% on average per year.
GCMG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.77%.
GCMG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
EPS 1Y (TTM)29.31%
EPS 3Y4.07%
EPS 5Y-42.92%
EPS Q2Q%28.57%
Revenue 1Y (TTM)16.77%
Revenue growth 3Y-1.12%
Revenue growth 5Y4.3%
Sales Q2Q%15.6%
3.2 Future
GCMG is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -41.41% yearly.
The Revenue is expected to grow by 3.20% on average over the next years.
EPS Next Y5.45%
EPS Next 2Y10.89%
EPS Next 3Y-41.41%
EPS Next 5YN/A
Revenue Next Year1.33%
Revenue Next 2Y7%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 15.49, which indicates a correct valuation of GCMG.
GCMG's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.45, GCMG is valued a bit cheaper.
GCMG is valuated correctly with a Price/Forward Earnings ratio of 13.31.
GCMG's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.90. GCMG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.49 | ||
| Fwd PE | 13.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GCMG is valued a bit cheaper than the industry average as 68.67% of the companies are valued more expensively.
GCMG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GCMG is cheaper than 65.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.67 | ||
| EV/EBITDA | 23.86 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A cheap valuation may be justified as GCMG's earnings are expected to decrease with -41.41% in the coming years.
PEG (NY)2.84
PEG (5Y)N/A
EPS Next 2Y10.89%
EPS Next 3Y-41.41%
5. Dividend
5.1 Amount
GCMG has a Yearly Dividend Yield of 3.83%.
Compared to an average industry Dividend Yield of 8.00, GCMG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.42, GCMG pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
5.2 History
GCMG has been paying a dividend for over 5 years, so it has already some track record.
GCMG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
GCMG pays out 592.72% of its income as dividend. This is not a sustainable payout ratio.
DP592.72%
EPS Next 2Y10.89%
EPS Next 3Y-41.41%
11.62
+0.12 (+1.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners108.58%
Inst Owner Change9.78%
Ins Owners3.37%
Ins Owner Change9.26%
Market Cap2.26B
Analysts80
Price Target15.17 (30.55%)
Short Float %16.93%
Short Ratio16.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.83% |
Yearly Dividend0.48
Dividend Growth(5Y)N/A
DP592.72%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.61%
Min EPS beat(2)-3.04%
Max EPS beat(2)14.26%
EPS beat(4)2
Avg EPS beat(4)2.14%
Min EPS beat(4)-4.09%
Max EPS beat(4)14.26%
EPS beat(8)4
Avg EPS beat(8)1.68%
EPS beat(12)6
Avg EPS beat(12)26.63%
EPS beat(16)9
Avg EPS beat(16)21.04%
Revenue beat(2)1
Avg Revenue beat(2)-0.62%
Min Revenue beat(2)-1.82%
Max Revenue beat(2)0.57%
Revenue beat(4)2
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-2.65%
Max Revenue beat(4)1.2%
Revenue beat(8)4
Avg Revenue beat(8)-1.24%
Revenue beat(12)5
Avg Revenue beat(12)0.12%
Revenue beat(16)8
Avg Revenue beat(16)1.52%
PT rev (1m)7.21%
PT rev (3m)-7.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-15.23%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.85%
Revenue NQ rev (1m)-1.21%
Revenue NQ rev (3m)-9.35%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-8.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.49 | ||
| Fwd PE | 13.31 | ||
| P/S | 4.25 | ||
| P/FCF | 15.67 | ||
| P/OCF | 14.28 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 23.86 |
EPS(TTM)0.75
EY6.45%
EPS(NY)0.87
Fwd EY7.51%
FCF(TTM)0.74
FCFY6.38%
OCF(TTM)0.81
OCFY7%
SpS2.73
BVpS-0.14
TBVpS-0.3
PEG (NY)2.84
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.94% | ||
| ROE | N/A | ||
| ROCE | 28.15% | ||
| ROIC | 20.27% | ||
| ROICexc | 27.15% | ||
| ROICexgc | 33.47% | ||
| OM | 19.77% | ||
| PM (TTM) | 3.21% | ||
| GM | N/A | ||
| FCFM | 27.12% |
ROA(3y)3.24%
ROA(5y)2.81%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3Y-11.13%
ROICexcg growth 5Y-19.49%
ROICexc growth 3Y-10.52%
ROICexc growth 5Y-12.58%
OM growth 3Y-11.63%
OM growth 5Y-7.17%
PM growth 3Y-2.95%
PM growth 5Y-19.94%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.99 | ||
| Debt/EBITDA | 3.97 | ||
| Cap/Depr | 377.57% | ||
| Cap/Sales | 2.63% | ||
| Interest Coverage | 3.35 | ||
| Cash Conversion | 145.35% | ||
| Profit Quality | 845.25% | ||
| Current Ratio | -0.41 | ||
| Quick Ratio | -0.41 | ||
| Altman-Z | 3.04 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)223.94%
Cap/Depr(5y)140.02%
Cap/Sales(3y)1.44%
Cap/Sales(5y)0.95%
Profit Quality(3y)820.97%
Profit Quality(5y)992.85%
High Growth Momentum
Growth
EPS 1Y (TTM)29.31%
EPS 3Y4.07%
EPS 5Y-42.92%
EPS Q2Q%28.57%
EPS Next Y5.45%
EPS Next 2Y10.89%
EPS Next 3Y-41.41%
EPS Next 5YN/A
Revenue 1Y (TTM)16.77%
Revenue growth 3Y-1.12%
Revenue growth 5Y4.3%
Sales Q2Q%15.6%
Revenue Next Year1.33%
Revenue Next 2Y7%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
EBIT growth 1Y800.84%
EBIT growth 3Y-12.62%
EBIT growth 5Y-3.18%
EBIT Next Year8.39%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-15.57%
FCF growth 3Y-9.52%
FCF growth 5Y12.06%
OCF growth 1Y-7.76%
OCF growth 3Y-5.9%
OCF growth 5Y9.14%