MSCI INC (MSCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSCI - US55354G1004 - Common Stock
540.85 USD
-4.71 (-0.86%)
540.85 USD
0 (0%)
Taking everything into account, MSCI scores 6 out of 10 in our fundamental rating. MSCI was compared to 238 industry peers in the Capital Markets industry. MSCI has an excellent profitability rating, but there are some minor concerns on its financial health. MSCI is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
MSCI had positive earnings in the past year.
MSCI had a positive operating cash flow in the past year.
MSCI had positive earnings in each of the past 5 years.
Each year in the past 5 years MSCI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of MSCI (22.70%) is better than 99.58% of its industry peers.
MSCI's Return On Invested Capital of 35.11% is amongst the best of the industry. MSCI outperforms 100.00% of its industry peers.
MSCI had an Average Return On Invested Capital over the past 3 years of 29.39%. This is significantly above the industry average of 6.95%.
The 3 year average ROIC (29.39%) for MSCI is below the current ROIC(35.11%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.7% | ||
| ROE | N/A | ||
| ROIC | 35.11% |
ROA(3y)19.53%
ROA(5y)17.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)29.39%
ROIC(5y)26.42%
1.3 Margins
MSCI has a better Profit Margin (40.03%) than 85.29% of its industry peers.
MSCI's Profit Margin has been stable in the last couple of years.
The Operating Margin of MSCI (54.17%) is better than 92.86% of its industry peers.
In the last couple of years the Operating Margin of MSCI has grown nicely.
MSCI has a better Gross Margin (82.37%) than 87.39% of its industry peers.
In the last couple of years the Gross Margin of MSCI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 54.17% | ||
| PM (TTM) | 40.03% | ||
| GM | 82.37% |
OM growth 3Y0.65%
OM growth 5Y1.98%
PM growth 3Y3.01%
PM growth 5Y1.42%
GM growth 3Y-0.19%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
The number of shares outstanding for MSCI has been reduced compared to 1 year ago.
The number of shares outstanding for MSCI has been reduced compared to 5 years ago.
MSCI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.25 indicates that MSCI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.25, MSCI belongs to the best of the industry, outperforming 88.66% of the companies in the same industry.
The Debt to FCF ratio of MSCI is 3.97, which is a good value as it means it would take MSCI, 3.97 years of fcf income to pay off all of its debts.
MSCI's Debt to FCF ratio of 3.97 is fine compared to the rest of the industry. MSCI outperforms 75.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 6.25 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.88 indicates that MSCI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.88, MSCI is doing worse than 62.18% of the companies in the same industry.
A Quick Ratio of 0.88 indicates that MSCI may have some problems paying its short term obligations.
With a Quick ratio value of 0.88, MSCI is not doing good in the industry: 61.76% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
MSCI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.42%, which is quite good.
Measured over the past years, MSCI shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.74% on average per year.
Looking at the last year, MSCI shows a quite strong growth in Revenue. The Revenue has grown by 9.02% in the last year.
Measured over the past years, MSCI shows a quite strong growth in Revenue. The Revenue has been growing by 12.89% on average per year.
EPS 1Y (TTM)14.42%
EPS 3Y15.17%
EPS 5Y18.74%
EPS Q2Q%15.8%
Revenue 1Y (TTM)9.02%
Revenue growth 3Y11.81%
Revenue growth 5Y12.89%
Sales Q2Q%9.48%
3.2 Future
The Earnings Per Share is expected to grow by 13.18% on average over the next years. This is quite good.
The Revenue is expected to grow by 8.67% on average over the next years. This is quite good.
EPS Next Y15.18%
EPS Next 2Y13.85%
EPS Next 3Y13.22%
EPS Next 5Y13.18%
Revenue Next Year9.53%
Revenue Next 2Y9.35%
Revenue Next 3Y8.85%
Revenue Next 5Y8.67%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
A Price/Earnings ratio of 32.16 indicates a quite expensive valuation of MSCI.
Compared to the rest of the industry, the Price/Earnings ratio of MSCI indicates a slightly more expensive valuation: MSCI is more expensive than 73.53% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MSCI to the average of the S&P500 Index (26.41), we can say MSCI is valued slightly more expensively.
With a Price/Forward Earnings ratio of 27.45, MSCI can be considered very expensive at the moment.
68.07% of the companies in the same industry are cheaper than MSCI, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MSCI to the average of the S&P500 Index (35.40), we can say MSCI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.16 | ||
| Fwd PE | 27.45 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MSCI indicates a somewhat cheap valuation: MSCI is cheaper than 66.81% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MSCI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.27 | ||
| EV/EBITDA | 24.77 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MSCI has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as MSCI's earnings are expected to grow with 13.22% in the coming years.
PEG (NY)2.12
PEG (5Y)1.72
EPS Next 2Y13.85%
EPS Next 3Y13.22%
5. Dividend
5.1 Amount
MSCI has a Yearly Dividend Yield of 1.28%.
MSCI's Dividend Yield is slightly below the industry average, which is at 8.39.
Compared to an average S&P500 Dividend Yield of 2.32, MSCI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
5.2 History
The dividend of MSCI is nicely growing with an annual growth rate of 19.73%!
MSCI has been paying a dividend for at least 10 years, so it has a reliable track record.
MSCI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)19.73%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
44.68% of the earnings are spent on dividend by MSCI. This is a bit on the high side, but may be sustainable.
The dividend of MSCI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.68%
EPS Next 2Y13.85%
EPS Next 3Y13.22%
540.85
-4.71 (-0.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.89%
Inst Owner Change-3.03%
Ins Owners2.94%
Ins Owner Change0.15%
Market Cap40.64B
Revenue(TTM)3.06B
Net Income(TTM)1.22B
Analysts77.04
Price Target661.32 (22.27%)
Short Float %2.29%
Short Ratio2.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.28% |
Yearly Dividend6.49
Dividend Growth(5Y)19.73%
DP44.68%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.53%
Min EPS beat(2)-1.27%
Max EPS beat(2)0.2%
EPS beat(4)3
Avg EPS beat(4)0.71%
Min EPS beat(4)-1.27%
Max EPS beat(4)3.71%
EPS beat(8)7
Avg EPS beat(8)1.69%
EPS beat(12)11
Avg EPS beat(12)1.84%
EPS beat(16)14
Avg EPS beat(16)1.87%
Revenue beat(2)0
Avg Revenue beat(2)-1.79%
Min Revenue beat(2)-2.16%
Max Revenue beat(2)-1.41%
Revenue beat(4)0
Avg Revenue beat(4)-1.86%
Min Revenue beat(4)-2.16%
Max Revenue beat(4)-1.41%
Revenue beat(8)1
Avg Revenue beat(8)-1.12%
Revenue beat(12)2
Avg Revenue beat(12)-1.07%
Revenue beat(16)2
Avg Revenue beat(16)-1.25%
PT rev (1m)5.29%
PT rev (3m)4.95%
EPS NQ rev (1m)0.62%
EPS NQ rev (3m)1.15%
EPS NY rev (1m)0.6%
EPS NY rev (3m)0.57%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)0.86%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.16 | ||
| Fwd PE | 27.45 | ||
| P/S | 13.3 | ||
| P/FCF | 29.27 | ||
| P/OCF | 26.77 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.77 |
EPS(TTM)16.82
EY3.11%
EPS(NY)19.7
Fwd EY3.64%
FCF(TTM)18.48
FCFY3.42%
OCF(TTM)20.2
OCFY3.74%
SpS40.66
BVpS-25.5
TBVpS-75.71
PEG (NY)2.12
PEG (5Y)1.72
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.7% | ||
| ROE | N/A | ||
| ROCE | 42.39% | ||
| ROIC | 35.11% | ||
| ROICexc | 39.08% | ||
| ROICexgc | N/A | ||
| OM | 54.17% | ||
| PM (TTM) | 40.03% | ||
| GM | 82.37% | ||
| FCFM | 45.44% |
ROA(3y)19.53%
ROA(5y)17.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)29.39%
ROIC(5y)26.42%
ROICexc(3y)35.12%
ROICexc(5y)35.16%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)35.48%
ROCE(5y)31.9%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y5.35%
ROICexc growth 5Y1.03%
OM growth 3Y0.65%
OM growth 5Y1.98%
PM growth 3Y3.01%
PM growth 5Y1.42%
GM growth 3Y-0.19%
GM growth 5Y0.23%
F-Score7
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.97 | ||
| Debt/EBITDA | 2.98 | ||
| Cap/Depr | 67.62% | ||
| Cap/Sales | 4.24% | ||
| Interest Coverage | 9.37 | ||
| Cash Conversion | 82.2% | ||
| Profit Quality | 113.51% | ||
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 6.25 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)64.16%
Cap/Depr(5y)61.27%
Cap/Sales(3y)3.62%
Cap/Sales(5y)3.37%
Profit Quality(3y)114.05%
Profit Quality(5y)117.82%
High Growth Momentum
Growth
EPS 1Y (TTM)14.42%
EPS 3Y15.17%
EPS 5Y18.74%
EPS Q2Q%15.8%
EPS Next Y15.18%
EPS Next 2Y13.85%
EPS Next 3Y13.22%
EPS Next 5Y13.18%
Revenue 1Y (TTM)9.02%
Revenue growth 3Y11.81%
Revenue growth 5Y12.89%
Sales Q2Q%9.48%
Revenue Next Year9.53%
Revenue Next 2Y9.35%
Revenue Next 3Y8.85%
Revenue Next 5Y8.67%
EBIT growth 1Y10.78%
EBIT growth 3Y12.53%
EBIT growth 5Y15.13%
EBIT Next Year21.63%
EBIT Next 3Y13.26%
EBIT Next 5Y12.56%
FCF growth 1Y29.39%
FCF growth 3Y16.55%
FCF growth 5Y16.15%
OCF growth 1Y30.58%
OCF growth 3Y17.06%
OCF growth 5Y16.18%
MSCI INC / MSCI FAQ
Can you provide the ChartMill fundamental rating for MSCI INC?
ChartMill assigns a fundamental rating of 6 / 10 to MSCI.
What is the valuation status for MSCI stock?
ChartMill assigns a valuation rating of 3 / 10 to MSCI INC (MSCI). This can be considered as Overvalued.
How profitable is MSCI INC (MSCI) stock?
MSCI INC (MSCI) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for MSCI stock?
The Price/Earnings (PE) ratio for MSCI INC (MSCI) is 32.16 and the Price/Book (PB) ratio is -21.21.
What is the expected EPS growth for MSCI INC (MSCI) stock?
The Earnings per Share (EPS) of MSCI INC (MSCI) is expected to grow by 15.18% in the next year.