MOELIS & CO - CLASS A (MC) Stock Fundamental Analysis
NYSE:MC - New York Stock Exchange, Inc. - US60786M1053 - Common Stock - Currency: USD
MC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 230 industry peers in the Capital Markets industry. MC has only an average score on both its financial health and profitability. MC is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year MC was profitable.
In the past year MC had a positive cash flow from operations.
Of the past 5 years MC 4 years were profitable.
MC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MC's Return On Assets of 9.86% is amongst the best of the industry. MC outperforms 87.39% of its industry peers.
MC's Return On Equity of 30.80% is amongst the best of the industry. MC outperforms 95.65% of its industry peers.
MC has a better Return On Invested Capital (17.23%) than 94.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.86% | ||
| ROE | 30.8% | ||
| ROIC | 17.23% |
ROA(3y)6.71%
ROA(5y)11.71%
ROE(3y)19.2%
ROE(5y)33.91%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MC has a Profit Margin of 11.39%. This is in the lower half of the industry: MC underperforms 60.43% of its industry peers.
MC's Profit Margin has declined in the last couple of years.
MC has a Operating Margin of 14.48%. This is in the lower half of the industry: MC underperforms 64.35% of its industry peers.
In the last couple of years the Operating Margin of MC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.48% | ||
| PM (TTM) | 11.39% | ||
| GM | N/A |
OM growth 3Y-23.38%
OM growth 5Y-1.15%
PM growth 3Y-21.68%
PM growth 5Y-4.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for MC has been increased compared to 1 year ago.
The number of shares outstanding for MC has been increased compared to 5 years ago.
There is no outstanding debt for MC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
MC has an Altman-Z score of 2.94. This is not the best score and indicates that MC is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.94, MC is in the better half of the industry, outperforming 76.96% of the companies in the same industry.
MC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.94 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
MC has a Current Ratio of 0.86. This is a bad value and indicates that MC is not financially healthy enough and could expect problems in meeting its short term obligations.
MC has a Current ratio of 0.86. This is in the lower half of the industry: MC underperforms 60.87% of its industry peers.
A Quick Ratio of 0.86 indicates that MC may have some problems paying its short term obligations.
MC's Quick ratio of 0.86 is on the low side compared to the rest of the industry. MC is outperformed by 60.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
MC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 7500.00%, which is quite impressive.
Measured over the past years, MC shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.55% on average per year.
Looking at the last year, MC shows a very strong growth in Revenue. The Revenue has grown by 39.75%.
Measured over the past years, MC shows a quite strong growth in Revenue. The Revenue has been growing by 9.86% on average per year.
EPS 1Y (TTM)7500%
EPS 3Y-30.66%
EPS 5Y-0.55%
EPS Q2Q%190.91%
Revenue 1Y (TTM)39.75%
Revenue growth 3Y-8.13%
Revenue growth 5Y9.86%
Sales Q2Q%40.97%
3.2 Future
MC is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.04% yearly.
Based on estimates for the next years, MC will show a quite strong growth in Revenue. The Revenue will grow by 16.33% on average per year.
EPS Next Y31.14%
EPS Next 2Y34.89%
EPS Next 3Y23.04%
EPS Next 5YN/A
Revenue Next Year21.02%
Revenue Next 2Y18.77%
Revenue Next 3Y16.33%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.06, which indicates a rather expensive current valuation of MC.
Based on the Price/Earnings ratio, MC is valued a bit more expensive than the industry average as 63.48% of the companies are valued more cheaply.
MC's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.85.
A Price/Forward Earnings ratio of 16.31 indicates a correct valuation of MC.
MC's Price/Forward Earnings is on the same level as the industry average.
MC's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.06 | ||
| Fwd PE | 16.31 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MC indicates a somewhat cheap valuation: MC is cheaper than 73.48% of the companies listed in the same industry.
MC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MC is cheaper than 74.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 19.65 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MC's earnings are expected to grow with 23.04% in the coming years.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y34.89%
EPS Next 3Y23.04%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.85%, MC is a good candidate for dividend investing.
The stock price of MC dropped by -31.78% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 8.31, MC has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, MC pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
5.2 History
The dividend of MC decreases each year by -6.83%.
MC has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of MC decreased in the last 3 years.
Dividend Growth(5Y)-6.83%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
MC pays out 135.39% of its income as dividend. This is not a sustainable payout ratio.
DP135.39%
EPS Next 2Y34.89%
EPS Next 3Y23.04%
53.41
-0.17 (-0.32%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners100.2%
Inst Owner Change-0.69%
Ins Owners0.29%
Ins Owner Change71.54%
Market Cap4.19B
Analysts45.88
Price Target56.78 (6.31%)
Short Float %7.6%
Short Ratio4.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.85% |
Yearly Dividend2.52
Dividend Growth(5Y)-6.83%
DP135.39%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)69.01%
Min EPS beat(2)1.82%
Max EPS beat(2)136.21%
EPS beat(4)4
Avg EPS beat(4)66.83%
Min EPS beat(4)1.82%
Max EPS beat(4)136.21%
EPS beat(8)5
Avg EPS beat(8)-77.16%
EPS beat(12)8
Avg EPS beat(12)-47.59%
EPS beat(16)11
Avg EPS beat(16)-31.23%
Revenue beat(2)1
Avg Revenue beat(2)11.17%
Min Revenue beat(2)-2.71%
Max Revenue beat(2)25.05%
Revenue beat(4)2
Avg Revenue beat(4)7.9%
Min Revenue beat(4)-3.72%
Max Revenue beat(4)25.05%
Revenue beat(8)4
Avg Revenue beat(8)4.92%
Revenue beat(12)7
Avg Revenue beat(12)5.23%
Revenue beat(16)10
Avg Revenue beat(16)6.83%
PT rev (1m)-33.47%
PT rev (3m)-24.77%
EPS NQ rev (1m)2.86%
EPS NQ rev (3m)30.81%
EPS NY rev (1m)-16.6%
EPS NY rev (3m)-4.59%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)8.06%
Revenue NY rev (1m)-10.47%
Revenue NY rev (3m)-3.64%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.06 | ||
| Fwd PE | 16.31 | ||
| P/S | 3.35 | ||
| P/FCF | 9.64 | ||
| P/OCF | 9.36 | ||
| P/B | 9.06 | ||
| P/tB | 9.06 | ||
| EV/EBITDA | 19.65 |
EPS(TTM)2.22
EY4.16%
EPS(NY)3.28
Fwd EY6.13%
FCF(TTM)5.54
FCFY10.38%
OCF(TTM)5.7
OCFY10.68%
SpS15.94
BVpS5.89
TBVpS5.89
PEG (NY)0.77
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.86% | ||
| ROE | 30.8% | ||
| ROCE | 22.29% | ||
| ROIC | 17.23% | ||
| ROICexc | 36.79% | ||
| ROICexgc | 36.79% | ||
| OM | 14.48% | ||
| PM (TTM) | 11.39% | ||
| GM | N/A | ||
| FCFM | 34.77% |
ROA(3y)6.71%
ROA(5y)11.71%
ROE(3y)19.2%
ROE(5y)33.91%
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-36.24%
ROICexcg growth 5Y16.98%
ROICexc growth 3Y-36.24%
ROICexc growth 5Y16.98%
OM growth 3Y-23.38%
OM growth 5Y-1.15%
PM growth 3Y-21.68%
PM growth 5Y-4.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 115.78% | ||
| Cap/Sales | 1.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 233.1% | ||
| Profit Quality | 305.39% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.94 |
F-Score9
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)130.5%
Cap/Depr(5y)297.05%
Cap/Sales(3y)1.19%
Cap/Sales(5y)1.79%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)7500%
EPS 3Y-30.66%
EPS 5Y-0.55%
EPS Q2Q%190.91%
EPS Next Y31.14%
EPS Next 2Y34.89%
EPS Next 3Y23.04%
EPS Next 5YN/A
Revenue 1Y (TTM)39.75%
Revenue growth 3Y-8.13%
Revenue growth 5Y9.86%
Sales Q2Q%40.97%
Revenue Next Year21.02%
Revenue Next 2Y18.77%
Revenue Next 3Y16.33%
Revenue Next 5YN/A
EBIT growth 1Y528.62%
EBIT growth 3Y-29.61%
EBIT growth 5Y8.6%
EBIT Next Year166.9%
EBIT Next 3Y60.66%
EBIT Next 5YN/A
FCF growth 1Y192.99%
FCF growth 3Y-23.3%
FCF growth 5Y15.42%
OCF growth 1Y169.75%
OCF growth 3Y-23.02%
OCF growth 5Y15.35%