GCM GROSVENOR INC - CLASS A (GCMG) Stock Fundamental Analysis
NASDAQ:GCMG - Nasdaq - US36831E1082 - Common Stock - Currency: USD
Overall GCMG gets a fundamental rating of 3 out of 10. We evaluated GCMG against 231 industry peers in the Capital Markets industry. Both the profitability and financial health of GCMG have multiple concerns. GCMG has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
Each year in the past 5 years GCMG has been profitable.
GCMG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GCMG has a Return On Assets (3.05%) which is in line with its industry peers.
GCMG has a better Return On Invested Capital (14.72%) than 90.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | N/A | ||
| ROIC | 14.72% |
ROA(3y)3.21%
ROA(5y)2.79%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of GCMG (3.64%) is worse than 71.00% of its industry peers.
GCMG's Profit Margin has declined in the last couple of years.
GCMG has a worse Operating Margin (14.30%) than 64.94% of its industry peers.
GCMG's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.3% | ||
| PM (TTM) | 3.64% | ||
| GM | N/A |
OM growth 3Y-11.44%
OM growth 5Y-7.05%
PM growth 3Y-3.48%
PM growth 5Y-20.2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, GCMG has more shares outstanding
GCMG has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GCMG has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.35 indicates that GCMG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.35, GCMG is in the better half of the industry, outperforming 79.22% of the companies in the same industry.
The Debt to FCF ratio of GCMG is 3.27, which is a good value as it means it would take GCMG, 3.27 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.27, GCMG is doing good in the industry, outperforming 75.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.27 | ||
| Altman-Z | 3.35 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.76 indicates that GCMG may have some problems paying its short term obligations.
With a Current ratio value of 0.76, GCMG is not doing good in the industry: 65.37% of the companies in the same industry are doing better.
GCMG has a Quick Ratio of 0.76. This is a bad value and indicates that GCMG is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.76, GCMG is doing worse than 65.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The earnings per share for GCMG have decreased strongly by -21.11% in the last year.
Measured over the past years, GCMG shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -43.14% on average per year.
The Revenue has grown by 15.52% in the past year. This is quite good.
GCMG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.30% yearly.
EPS 1Y (TTM)-21.11%
EPS 3Y4.07%
EPS 5Y-43.14%
EPS Q2Q%58.82%
Revenue 1Y (TTM)15.52%
Revenue growth 3Y-1.12%
Revenue growth 5Y4.3%
Sales Q2Q%41.79%
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.
Based on estimates for the next years, GCMG will show a small growth in Revenue. The Revenue will grow by 3.20% on average per year.
EPS Next Y16.65%
EPS Next 2Y15.46%
EPS Next 3Y-41.41%
EPS Next 5YN/A
Revenue Next Year7.63%
Revenue Next 2Y9.12%
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.
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
Based on the Price/Earnings ratio of 17.93, the valuation of GCMG can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of GCMG is on the same level as its industry peers.
GCMG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.10.
Based on the Price/Forward Earnings ratio of 15.37, the valuation of GCMG can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GCMG is on the same level as its industry peers.
GCMG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.93 | ||
| Fwd PE | 15.37 |
4.2 Price Multiples
63.64% of the companies in the same industry are more expensive than GCMG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GCMG indicates a somewhat cheap valuation: GCMG is cheaper than 61.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.63 | ||
| EV/EBITDA | 36.54 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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)1.08
PEG (5Y)N/A
EPS Next 2Y15.46%
EPS Next 3Y-41.41%
5. Dividend
5.1 Amount
GCMG has a Yearly Dividend Yield of 3.49%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 8.39, GCMG has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.43, GCMG pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
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 Years2
Div Non Decr Years3
5.3 Sustainability
GCMG pays out 482.35% of its income as dividend. This is not a sustainable payout ratio.
DP482.35%
EPS Next 2Y15.46%
EPS Next 3Y-41.41%
12.73
-0.02 (-0.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners110.53%
Inst Owner Change1.52%
Ins Owners3.13%
Ins Owner Change4.97%
Market Cap2.46B
Analysts80
Price Target14.15 (11.15%)
Short Float %16.93%
Short Ratio18.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.49% |
Yearly Dividend0.48
Dividend Growth(5Y)N/A
DP482.35%
Div Incr Years2
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.08%
Min EPS beat(2)-4.09%
Max EPS beat(2)14.26%
EPS beat(4)2
Avg EPS beat(4)1.84%
Min EPS beat(4)-4.24%
Max EPS beat(4)14.26%
EPS beat(8)5
Avg EPS beat(8)40.04%
EPS beat(12)6
Avg EPS beat(12)26.09%
EPS beat(16)10
Avg EPS beat(16)23.15%
Revenue beat(2)1
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-2.65%
Max Revenue beat(2)0.57%
Revenue beat(4)2
Avg Revenue beat(4)-1.68%
Min Revenue beat(4)-5.85%
Max Revenue beat(4)1.2%
Revenue beat(8)4
Avg Revenue beat(8)-1.74%
Revenue beat(12)5
Avg Revenue beat(12)-0.99%
Revenue beat(16)9
Avg Revenue beat(16)1.82%
PT rev (1m)-13.95%
PT rev (3m)-2.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.6%
EPS NY rev (1m)-1.22%
EPS NY rev (3m)0.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.5%
Revenue NY rev (1m)-2.84%
Revenue NY rev (3m)-4.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.93 | ||
| Fwd PE | 15.37 | ||
| P/S | 4.79 | ||
| P/FCF | 18.63 | ||
| P/OCF | 16.53 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 36.54 |
EPS(TTM)0.71
EY5.58%
EPS(NY)0.83
Fwd EY6.51%
FCF(TTM)0.68
FCFY5.37%
OCF(TTM)0.77
OCFY6.05%
SpS2.66
BVpS-0.14
TBVpS-0.3
PEG (NY)1.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.05% | ||
| ROE | N/A | ||
| ROCE | 20.18% | ||
| ROIC | 14.72% | ||
| ROICexc | 19.51% | ||
| ROICexgc | 23.97% | ||
| OM | 14.3% | ||
| PM (TTM) | 3.64% | ||
| GM | N/A | ||
| FCFM | 25.69% |
ROA(3y)3.21%
ROA(5y)2.79%
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-10.92%
ROICexcg growth 5Y-19.37%
ROICexc growth 3Y-10.31%
ROICexc growth 5Y-12.45%
OM growth 3Y-11.44%
OM growth 5Y-7.05%
PM growth 3Y-3.48%
PM growth 5Y-20.2%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.27 | ||
| Debt/EBITDA | 5.63 | ||
| Cap/Depr | 503.89% | ||
| Cap/Sales | 3.25% | ||
| Interest Coverage | 2.28 | ||
| Cash Conversion | 193.72% | ||
| Profit Quality | 706.31% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 3.35 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)221.33%
Cap/Depr(5y)138.45%
Cap/Sales(3y)1.43%
Cap/Sales(5y)0.94%
Profit Quality(3y)828.99%
Profit Quality(5y)997.66%
High Growth Momentum
Growth
EPS 1Y (TTM)-21.11%
EPS 3Y4.07%
EPS 5Y-43.14%
EPS Q2Q%58.82%
EPS Next Y16.65%
EPS Next 2Y15.46%
EPS Next 3Y-41.41%
EPS Next 5YN/A
Revenue 1Y (TTM)15.52%
Revenue growth 3Y-1.12%
Revenue growth 5Y4.3%
Sales Q2Q%41.79%
Revenue Next Year7.63%
Revenue Next 2Y9.12%
Revenue Next 3Y3.2%
Revenue Next 5YN/A
EBIT growth 1Y718.41%
EBIT growth 3Y-12.42%
EBIT growth 5Y-3.05%
EBIT Next Year18.21%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y49.54%
FCF growth 3Y-9.51%
FCF growth 5Y12.07%
OCF growth 1Y61.6%
OCF growth 3Y-5.94%
OCF growth 5Y9.11%