INTERACTIVE BROKERS GRO-CL A (IBKR) Stock Fundamental Analysis
NASDAQ:IBKR - US45841N1072 - Common Stock
62.24 USD
-0.54 (-0.86%)
62.13 USD
-0.11 (-0.18%)
Taking everything into account, IBKR scores 5 out of 10 in our fundamental rating. IBKR was compared to 239 industry peers in the Capital Markets industry. There are concerns on the financial health of IBKR while its profitability can be described as average. IBKR is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year IBKR was profitable.
In the past year IBKR had a positive cash flow from operations.
Each year in the past 5 years IBKR has been profitable.
IBKR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
IBKR's Return On Assets of 0.46% is on the low side compared to the rest of the industry. IBKR is outperformed by 70.83% of its industry peers.
IBKR's Return On Equity of 17.37% is amongst the best of the industry. IBKR outperforms 85.00% of its industry peers.
IBKR's Return On Invested Capital of 8.06% is amongst the best of the industry. IBKR outperforms 83.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years for IBKR is in line with the industry average of 7.60%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 17.37% | ||
| ROIC | 8.06% |
ROA(3y)0.43%
ROA(5y)0.36%
ROE(3y)15.91%
ROE(5y)14.12%
ROIC(3y)8.63%
ROIC(5y)7.49%
1.3 Margins
The Profit Margin of IBKR (8.57%) is worse than 61.25% of its industry peers.
In the last couple of years the Profit Margin of IBKR has grown nicely.
IBKR has a Operating Margin of 42.00%. This is in the better half of the industry: IBKR outperforms 72.92% of its industry peers.
In the last couple of years the Operating Margin of IBKR has declined.
IBKR's Gross Margin of 53.08% is fine compared to the rest of the industry. IBKR outperforms 61.67% of its industry peers.
In the last couple of years the Gross Margin of IBKR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42% | ||
| PM (TTM) | 8.57% | ||
| GM | 53.08% |
OM growth 3Y-13.47%
OM growth 5Y-2.17%
PM growth 3Y-8.42%
PM growth 5Y4.9%
GM growth 3Y-15.7%
GM growth 5Y-4.85%
2. Health
2.1 Basic Checks
Compared to 1 year ago, IBKR has more shares outstanding
The number of shares outstanding for IBKR has been increased compared to 5 years ago.
The debt/assets ratio for IBKR is higher compared to a year ago.
2.2 Solvency
IBKR has a debt to FCF ratio of 1.41. This is a very positive value and a sign of high solvency as it would only need 1.41 years to pay back of all of its debts.
IBKR's Debt to FCF ratio of 1.41 is amongst the best of the industry. IBKR outperforms 88.33% of its industry peers.
IBKR has a Debt/Equity ratio of 4.40. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 4.40, IBKR is not doing good in the industry: 84.58% of the companies in the same industry are doing better.
Although IBKR does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.96 indicates that IBKR may have some problems paying its short term obligations.
IBKR has a Current ratio (0.96) which is comparable to the rest of the industry.
A Quick Ratio of 0.96 indicates that IBKR may have some problems paying its short term obligations.
With a Quick ratio value of 0.96, IBKR perfoms like the industry average, outperforming 44.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.01% over the past year.
IBKR shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 28.12% yearly.
IBKR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.18%.
The Revenue has been growing by 29.85% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)19.01%
EPS 3Y28.17%
EPS 5Y28.12%
EPS Q2Q%15.91%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y47.23%
Revenue growth 5Y29.85%
Sales Q2Q%14.73%
3.2 Future
IBKR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.78% yearly.
The Revenue is expected to grow by 6.00% on average over the next years.
EPS Next Y14.95%
EPS Next 2Y10.85%
EPS Next 3Y11.35%
EPS Next 5Y8.78%
Revenue Next Year13.45%
Revenue Next 2Y10.08%
Revenue Next 3Y9.7%
Revenue Next 5Y6%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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 32.42, which means the current valuation is very expensive for IBKR.
Compared to the rest of the industry, the Price/Earnings ratio of IBKR indicates a slightly more expensive valuation: IBKR is more expensive than 71.67% of the companies listed in the same industry.
IBKR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.08.
With a Price/Forward Earnings ratio of 28.22, IBKR can be considered very expensive at the moment.
IBKR's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. IBKR is more expensive than 70.00% of the companies in the same industry.
IBKR's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.72.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.42 | ||
| Fwd PE | 28.22 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, IBKR is valued a bit cheaper than the industry average as 69.17% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of IBKR indicates a somewhat cheap valuation: IBKR is cheaper than 78.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.01 | ||
| EV/EBITDA | 24.07 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
IBKR has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.17
PEG (5Y)1.15
EPS Next 2Y10.85%
EPS Next 3Y11.35%
5. Dividend
5.1 Amount
IBKR has a yearly dividend return of 0.51%, which is pretty low.
Compared to an average industry Dividend Yield of 7.96, IBKR is paying slightly less dividend.
With a Dividend Yield of 0.51, IBKR pays less dividend than the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
5.2 History
The dividend of IBKR is nicely growing with an annual growth rate of 15.84%!
IBKR has been paying a dividend for at least 10 years, so it has a reliable track record.
IBKR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)15.84%
Div Incr Years1
Div Non Decr Years11
5.3 Sustainability
IBKR pays out 13.84% of its income as dividend. This is a sustainable payout ratio.
IBKR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.84%
EPS Next 2Y10.85%
EPS Next 3Y11.35%
62.24
-0.54 (-0.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners87.28%
Inst Owner Change286.67%
Ins Owners2.82%
Ins Owner Change-0.01%
Market Cap105.80B
Analysts82.5
Price Target67.89 (9.08%)
Short Float %2.27%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.51% |
Yearly Dividend0.21
Dividend Growth(5Y)15.84%
DP13.84%
Div Incr Years1
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.03%
Min EPS beat(2)-4.15%
Max EPS beat(2)8.22%
EPS beat(4)2
Avg EPS beat(4)1.41%
Min EPS beat(4)-5.6%
Max EPS beat(4)8.22%
EPS beat(8)3
Avg EPS beat(8)0.05%
EPS beat(12)5
Avg EPS beat(12)0.47%
EPS beat(16)6
Avg EPS beat(16)-0.44%
Revenue beat(2)1
Avg Revenue beat(2)2.31%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)6.86%
Revenue beat(4)2
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-2.35%
Max Revenue beat(4)6.86%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)6
Avg Revenue beat(12)13.06%
Revenue beat(16)7
Avg Revenue beat(16)8.22%
PT rev (1m)6.02%
PT rev (3m)-66.46%
EPS NQ rev (1m)2.05%
EPS NQ rev (3m)-72.67%
EPS NY rev (1m)9.09%
EPS NY rev (3m)-72.49%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)7.08%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)6.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.42 | ||
| Fwd PE | 28.22 | ||
| P/S | 10.82 | ||
| P/FCF | 7.01 | ||
| P/OCF | 6.99 | ||
| P/B | 21.93 | ||
| P/tB | 21.93 | ||
| EV/EBITDA | 24.07 |
EPS(TTM)1.92
EY3.08%
EPS(NY)2.21
Fwd EY3.54%
FCF(TTM)8.88
FCFY14.26%
OCF(TTM)8.91
OCFY14.31%
SpS5.75
BVpS2.84
TBVpS2.84
PEG (NY)2.17
PEG (5Y)1.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 17.37% | ||
| ROCE | 21.61% | ||
| ROIC | 8.06% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 9.61% | ||
| OM | 42% | ||
| PM (TTM) | 8.57% | ||
| GM | 53.08% | ||
| FCFM | 154.26% |
ROA(3y)0.43%
ROA(5y)0.36%
ROE(3y)15.91%
ROE(5y)14.12%
ROIC(3y)8.63%
ROIC(5y)7.49%
ROICexc(3y)10.04%
ROICexc(5y)8.79%
ROICexgc(3y)10.44%
ROICexgc(5y)9.12%
ROCE(3y)20.13%
ROCE(5y)18.26%
ROICexcg growth 3Y11.37%
ROICexcg growth 5Y5.99%
ROICexc growth 3Y11.53%
ROICexc growth 5Y5.84%
OM growth 3Y-13.47%
OM growth 5Y-2.17%
PM growth 3Y-8.42%
PM growth 5Y4.9%
GM growth 3Y-15.7%
GM growth 5Y-4.85%
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | 5.06 | ||
| Cap/Depr | 60.22% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 0.99 | ||
| Cash Conversion | 360.46% | ||
| Profit Quality | 1800.36% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | N/A |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)61.77%
Cap/Depr(5y)74%
Cap/Sales(3y)0.95%
Cap/Sales(5y)1.5%
Profit Quality(3y)974.74%
Profit Quality(5y)1785.06%
High Growth Momentum
Growth
EPS 1Y (TTM)19.01%
EPS 3Y28.17%
EPS 5Y28.12%
EPS Q2Q%15.91%
EPS Next Y14.95%
EPS Next 2Y10.85%
EPS Next 3Y11.35%
EPS Next 5Y8.78%
Revenue 1Y (TTM)13.18%
Revenue growth 3Y47.23%
Revenue growth 5Y29.85%
Sales Q2Q%14.73%
Revenue Next Year13.45%
Revenue Next 2Y10.08%
Revenue Next 3Y9.7%
Revenue Next 5Y6%
EBIT growth 1Y20.75%
EBIT growth 3Y27.4%
EBIT growth 5Y27.03%
EBIT Next Year21.97%
EBIT Next 3Y13.08%
EBIT Next 5Y9.93%
FCF growth 1Y329.71%
FCF growth 3Y14.24%
FCF growth 5Y27.33%
OCF growth 1Y322.99%
OCF growth 3Y13.95%
OCF growth 5Y26.76%