MOELIS & CO - CLASS A (MC) Stock Fundamental Analysis
NYSE:MC - New York Stock Exchange, Inc. - US60786M1053 - Common Stock - Currency: USD
Taking everything into account, MC scores 5 out of 10 in our fundamental rating. MC was compared to 230 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 is valued quite expensive, but it does show an excellent growth. These ratings could make MC a good candidate for growth investing.
1. Profitability
1.1 Basic Checks
In the past year MC was profitable.
MC had a positive operating cash flow in the past year.
MC had positive earnings in 4 of the past 5 years.
Each year in the past 5 years MC had a positive operating cash flow.
1.2 Ratios
MC has a better Return On Assets (9.86%) than 87.83% of its industry peers.
MC's Return On Equity of 30.80% is amongst the best of the industry. MC outperforms 95.22% of its industry peers.
MC has a better Return On Invested Capital (17.23%) than 94.78% 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 (11.39%) which is comparable to the rest of the industry.
MC's Profit Margin has declined in the last couple of years.
MC has a worse Operating Margin (14.48%) than 64.78% 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.
MC has more shares outstanding than it did 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 3.22 indicates that MC is not in any danger for bankruptcy at the moment.
The Altman-Z score of MC (3.22) is better than 78.26% 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 | 3.22 |
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's Current ratio of 0.86 is on the low side compared to the rest of the industry. MC is outperformed by 61.74% of its industry peers.
MC has a Quick 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.
Looking at the Quick ratio, with a value of 0.86, MC is doing worse than 61.74% of the companies in the same industry.
| 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.
MC shows a strong growth in Revenue. In the last year, the Revenue has grown by 39.75%.
MC shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.86% yearly.
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
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.
Based on estimates for the next years, MC will show a quite strong growth in Revenue. The Revenue will grow by 15.68% on average per year.
EPS Next Y16.66%
EPS Next 2Y26.74%
EPS Next 3Y24.02%
EPS Next 5YN/A
Revenue Next Year16.01%
Revenue Next 2Y17.62%
Revenue Next 3Y15.68%
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 25.47, which means the current valuation is very expensive for MC.
Based on the Price/Earnings ratio, MC is valued a bit more expensive than the industry average as 63.91% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 25.82. MC is around the same levels.
A Price/Forward Earnings ratio of 19.56 indicates a rather expensive valuation of MC.
MC's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 21.76. MC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 19.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MC is valued a bit cheaper than 69.57% of the companies in the same industry.
MC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MC is cheaper than 73.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.69 | ||
| EV/EBITDA | 21.97 |
4.3 Compensation for Growth
MC's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct 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)1.53
PEG (5Y)N/A
EPS Next 2Y26.74%
EPS Next 3Y24.02%
5. Dividend
5.1 Amount
MC has a Yearly Dividend Yield of 4.26%, which is a nice return.
The stock price of MC dropped by -20.65% 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.
MC's Dividend Yield is comparable with the industry average which is at 8.12.
MC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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
135.39% of the earnings are spent on dividend by MC. This is not a sustainable payout ratio.
DP135.39%
EPS Next 2Y26.74%
EPS Next 3Y24.02%
56.55
-0.02 (-0.04%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners100.2%
Inst Owner Change6.85%
Ins Owners0.29%
Ins Owner Change71.79%
Market Cap4.44B
Analysts45.88
Price Target51.68 (-8.61%)
Short Float %7.12%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.26% |
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)-31.07%
PT rev (3m)-35.18%
EPS NQ rev (1m)-5.31%
EPS NQ rev (3m)-9.31%
EPS NY rev (1m)-11.04%
EPS NY rev (3m)-29.54%
Revenue NQ rev (1m)-4.86%
Revenue NQ rev (3m)-3.35%
Revenue NY rev (1m)-9.6%
Revenue NY rev (3m)-8.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.47 | ||
| Fwd PE | 19.56 | ||
| P/S | 3.72 | ||
| P/FCF | 10.69 | ||
| P/OCF | 10.39 | ||
| P/B | 10.05 | ||
| P/tB | 10.05 | ||
| EV/EBITDA | 21.97 |
EPS(TTM)2.22
EY3.93%
EPS(NY)2.89
Fwd EY5.11%
FCF(TTM)5.29
FCFY9.36%
OCF(TTM)5.44
OCFY9.63%
SpS15.22
BVpS5.62
TBVpS5.62
PEG (NY)1.53
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 | 3.22 |
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)39.75%
Revenue growth 3Y-8.13%
Revenue growth 5Y9.86%
Sales Q2Q%40.97%
Revenue Next Year16.01%
Revenue Next 2Y17.62%
Revenue Next 3Y15.68%
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%