MOELIS & CO - CLASS A (MC) Stock Fundamental Analysis
NYSE:MC - New York Stock Exchange, Inc. - US60786M1053 - Common Stock - Currency: USD
Overall MC gets a fundamental rating of 5 out of 10. We evaluated MC against 233 industry peers in the Capital Markets industry. Both the profitability and the financial health of MC get a neutral evaluation. Nothing too spectacular is happening here. MC shows excellent growth, but is valued quite expensive already. These ratings would make MC suitable for growth investing!
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.
MC had positive earnings in 4 of the past 5 years.
In the past 5 years MC always reported a positive cash flow from operatings.
1.2 Ratios
MC has a Return On Assets of 14.07%. This is amongst the best in the industry. MC outperforms 96.14% of its industry peers.
MC has a better Return On Equity (35.03%) than 97.00% of its industry peers.
The Return On Invested Capital of MC (18.07%) is better than 93.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.07% | ||
| ROE | 35.03% | ||
| ROIC | 18.07% |
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 (13.22%) which is comparable to the rest of the industry.
MC's Profit Margin has declined in the last couple of years.
The Operating Margin of MC (15.90%) is worse than 64.81% 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 | 15.9% | ||
| PM (TTM) | 13.22% | ||
| 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
Compared to 1 year ago, MC has more shares outstanding
The number of shares outstanding for MC has been increased compared to 5 years ago.
MC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 5.23 indicates that MC is not in any danger for bankruptcy at the moment.
MC's Altman-Z score of 5.23 is amongst the best of the industry. MC outperforms 84.55% of its industry peers.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 5.23 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.93 indicates that MC may have some problems paying its short term obligations.
MC has a worse Current ratio (0.93) than 61.37% of its industry peers.
A Quick Ratio of 0.93 indicates that MC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.93, MC is in line with its industry, outperforming 42.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 |
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 45.13%.
The Revenue has been growing by 9.86% on average over the past years. This is quite good.
EPS 1Y (TTM)7500%
EPS 3Y-30.66%
EPS 5Y-0.55%
EPS Q2Q%190.91%
Revenue 1Y (TTM)45.13%
Revenue growth 3Y-8.13%
Revenue growth 5Y9.86%
Sales Q2Q%40.97%
3.2 Future
Based on estimates for the next years, MC will show a very strong growth in Earnings Per Share. The EPS will grow by 24.02% on average per year.
The Revenue is expected to grow by 15.79% on average over the next years. This is quite good.
EPS Next Y16.66%
EPS Next 2Y26.74%
EPS Next 3Y24.02%
EPS Next 5YN/A
Revenue Next Year16.01%
Revenue Next 2Y17.66%
Revenue Next 3Y15.79%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 31.29 indicates a quite expensive valuation of MC.
Based on the Price/Earnings ratio, MC is valued a bit more expensive than the industry average as 71.24% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of MC to the average of the S&P500 Index (27.30), we can say MC is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 24.03, the valuation of MC can be described as rather expensive.
62.66% of the companies in the same industry are cheaper than MC, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 21.76. MC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.29 | ||
| Fwd PE | 24.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MC is valued a bit cheaper than 67.38% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MC is valued a bit cheaper than 70.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.07 | ||
| EV/EBITDA | 24.85 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MC's earnings are expected to grow with 24.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.88
PEG (5Y)N/A
EPS Next 2Y26.74%
EPS Next 3Y24.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.95%, MC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 8.12, MC has a dividend in line with its industry peers.
MC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
5.2 History
The dividend of MC decreases each year by -6.83%.
MC has been paying a dividend for at least 10 years, so it has a reliable track record.
MC has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-6.83%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
111.94% of the earnings are spent on dividend by MC. This is not a sustainable payout ratio.
DP111.94%
EPS Next 2Y26.74%
EPS Next 3Y24.02%
69.47
-0.9 (-1.28%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners101.28%
Inst Owner Change-0.02%
Ins Owners0.95%
Ins Owner Change72.48%
Market Cap5.45B
Analysts48.24
Price Target52.87 (-23.9%)
Short Float %5.35%
Short Ratio4.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.95% |
Yearly Dividend2.52
Dividend Growth(5Y)-6.83%
DP111.94%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)74.06%
Min EPS beat(2)11.91%
Max EPS beat(2)136.21%
EPS beat(4)4
Avg EPS beat(4)54.04%
Min EPS beat(4)1.82%
Max EPS beat(4)136.21%
EPS beat(8)6
Avg EPS beat(8)-69.49%
EPS beat(12)8
Avg EPS beat(12)-48.3%
EPS beat(16)11
Avg EPS beat(16)-31.23%
Revenue beat(2)1
Avg Revenue beat(2)12.26%
Min Revenue beat(2)-0.54%
Max Revenue beat(2)25.05%
Revenue beat(4)2
Avg Revenue beat(4)8.7%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)25.05%
Revenue beat(8)4
Avg Revenue beat(8)4.87%
Revenue beat(12)6
Avg Revenue beat(12)4.21%
Revenue beat(16)9
Avg Revenue beat(16)6.66%
PT rev (1m)2.3%
PT rev (3m)-29.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-40.15%
EPS NY rev (1m)0%
EPS NY rev (3m)-25.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-16.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-12.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.29 | ||
| Fwd PE | 24.03 | ||
| P/S | 4.25 | ||
| P/FCF | 13.07 | ||
| P/OCF | 12.77 | ||
| P/B | 11.26 | ||
| P/tB | 11.26 | ||
| EV/EBITDA | 24.85 |
EPS(TTM)2.22
EY3.2%
EPS(NY)2.89
Fwd EY4.16%
FCF(TTM)5.31
FCFY7.65%
OCF(TTM)5.44
OCFY7.83%
SpS16.35
BVpS6.17
TBVpS6.17
PEG (NY)1.88
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.07% | ||
| ROE | 35.03% | ||
| ROCE | 23.37% | ||
| ROIC | 18.07% | ||
| ROICexc | 22.91% | ||
| ROICexgc | 22.91% | ||
| OM | 15.9% | ||
| PM (TTM) | 13.22% | ||
| GM | N/A | ||
| FCFM | 32.5% |
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 Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 90.62% | ||
| Cap/Sales | 0.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 198.7% | ||
| Profit Quality | 245.8% | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 5.23 |
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 Y16.66%
EPS Next 2Y26.74%
EPS Next 3Y24.02%
EPS Next 5YN/A
Revenue 1Y (TTM)45.13%
Revenue growth 3Y-8.13%
Revenue growth 5Y9.86%
Sales Q2Q%40.97%
Revenue Next Year16.01%
Revenue Next 2Y17.66%
Revenue Next 3Y15.79%
Revenue Next 5YN/A
EBIT growth 1Y715.61%
EBIT growth 3Y-29.61%
EBIT growth 5Y8.6%
EBIT Next Year99.07%
EBIT Next 3Y58.29%
EBIT Next 5YN/A
FCF growth 1Y180.36%
FCF growth 3Y-23.3%
FCF growth 5Y15.42%
OCF growth 1Y178.36%
OCF growth 3Y-23.02%
OCF growth 5Y15.35%