MSCI INC (MSCI) Stock Fundamental Analysis
USA - NYSE:MSCI - US55354G1004 - Common Stock
582.85 USD
+2.46 (+0.42%)
582.85 USD
0 (0%)
Taking everything into account, MSCI scores 5 out of 10 in our fundamental rating. MSCI was compared to 237 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 quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MSCI was profitable.
In the past year MSCI had a positive cash flow from operations.
MSCI had positive earnings in each of the past 5 years.
In the past 5 years MSCI always reported a positive cash flow from operatings.
1.2 Ratios
MSCI's Return On Assets of 22.70% is amongst the best of the industry. MSCI outperforms 99.16% of its industry peers.
MSCI has a better Return On Invested Capital (35.11%) than 99.58% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MSCI is significantly above the industry average of 7.63%.
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 83.97% of its industry peers.
MSCI's Profit Margin has been stable in the last couple of years.
MSCI's Operating Margin of 54.17% is amongst the best of the industry. MSCI outperforms 90.30% of its industry peers.
MSCI's Operating Margin has improved in the last couple of years.
The Gross Margin of MSCI (82.37%) is better than 86.92% 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.
Compared to 5 years ago, MSCI has less shares outstanding
MSCI has a worse debt/assets ratio than last year.
2.2 Solvency
MSCI has an Altman-Z score of 6.62. This indicates that MSCI is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.62, MSCI belongs to the best of the industry, outperforming 89.45% 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 has a Debt to FCF ratio of 3.97. This is in the better half of the industry: MSCI outperforms 77.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 6.62 |
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 64.13% of the companies in the same industry.
MSCI has a Quick Ratio of 0.88. This is a bad value and indicates that MSCI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MSCI (0.88) is worse than 63.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 14.42% over the past year.
The Earnings Per Share has been growing by 18.74% on average over the past years. This is quite good.
MSCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.02%.
The Revenue has been growing by 12.89% on average over the past years. This is quite good.
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
MSCI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.96% yearly.
MSCI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.45% yearly.
EPS Next Y15.18%
EPS Next 2Y13.85%
EPS Next 3Y13.22%
EPS Next 5Y12.96%
Revenue Next Year9.53%
Revenue Next 2Y9.35%
Revenue Next 3Y8.85%
Revenue Next 5Y8.45%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.65, the valuation of MSCI can be described as expensive.
Based on the Price/Earnings ratio, MSCI is valued a bit more expensive than the industry average as 75.11% of the companies are valued more cheaply.
MSCI is valuated rather expensively when we compare the Price/Earnings ratio to 26.06, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 29.58 indicates a quite expensive valuation of MSCI.
Based on the Price/Forward Earnings ratio, MSCI is valued a bit more expensive than the industry average as 70.04% of the companies are valued more cheaply.
When comparing the Price/Forward Earnings ratio of MSCI to the average of the S&P500 Index (32.73), we can say MSCI is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.65 | ||
| Fwd PE | 29.58 |
4.2 Price Multiples
65.40% of the companies in the same industry are more expensive than MSCI, based on the Enterprise Value to EBITDA ratio.
MSCI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 32.48 | ||
| EV/EBITDA | 27.19 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MSCI does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of MSCI may justify a higher PE ratio.
MSCI's earnings are expected to grow with 13.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.28
PEG (5Y)1.85
EPS Next 2Y13.85%
EPS Next 3Y13.22%
5. Dividend
5.1 Amount
MSCI has a Yearly Dividend Yield of 1.24%.
Compared to an average industry Dividend Yield of 8.49, MSCI is paying slightly less dividend.
With a Dividend Yield of 1.24, MSCI pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
On average, the dividend of MSCI grows each year by 19.73%, which is quite nice.
MSCI has paid a dividend for at least 10 years, which is 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.
MSCI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP44.68%
EPS Next 2Y13.85%
EPS Next 3Y13.22%
582.85
+2.46 (+0.42%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.89%
Inst Owner Change-0.66%
Ins Owners2.94%
Ins Owner Change0.15%
Market Cap45.10B
Revenue(TTM)3.06B
Net Income(TTM)1.22B
Analysts77.04
Price Target628.07 (7.76%)
Short Float %1.65%
Short Ratio2.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
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)0.4%
PT rev (3m)-2.57%
EPS NQ rev (1m)1.49%
EPS NQ rev (3m)1.29%
EPS NY rev (1m)0.65%
EPS NY rev (3m)1.61%
Revenue NQ rev (1m)0.81%
Revenue NQ rev (3m)1%
Revenue NY rev (1m)0.16%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.65 | ||
| Fwd PE | 29.58 | ||
| P/S | 14.76 | ||
| P/FCF | 32.48 | ||
| P/OCF | 29.71 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 27.19 |
EPS(TTM)16.82
EY2.89%
EPS(NY)19.7
Fwd EY3.38%
FCF(TTM)17.95
FCFY3.08%
OCF(TTM)19.62
OCFY3.37%
SpS39.49
BVpS-24.76
TBVpS-73.53
PEG (NY)2.28
PEG (5Y)1.85
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 | 6.62 |
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 5Y12.96%
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 5Y8.45%
EBIT growth 1Y10.78%
EBIT growth 3Y12.53%
EBIT growth 5Y15.13%
EBIT Next Year21.63%
EBIT Next 3Y13.26%
EBIT Next 5Y12.25%
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 5 / 10 to MSCI.
What is the valuation status for MSCI stock?
ChartMill assigns a valuation rating of 2 / 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 34.65 and the Price/Book (PB) ratio is -23.54.
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.