MSCI INC (MSCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MSCI - US55354G1004 - Common Stock
565.25 USD
-8.48 (-1.48%)
565.25 USD
0 (0%)
Overall MSCI gets a fundamental rating of 5 out of 10. We evaluated MSCI against 235 industry peers in the Capital Markets industry. While MSCI belongs to the best of the industry regarding profitability, 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
MSCI had positive earnings in the past year.
In the past year MSCI had a positive cash flow from operations.
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
MSCI's Return On Assets of 22.70% is amongst the best of the industry. MSCI outperforms 99.15% of its industry peers.
MSCI has a Return On Invested Capital of 35.11%. This is amongst the best in the industry. MSCI outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MSCI is significantly above the industry average of 7.13%.
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 Profit Margin of 40.03%. This is amongst the best in the industry. MSCI outperforms 85.96% of its industry peers.
In the last couple of years the Profit Margin of MSCI has remained more or less at the same level.
With an excellent Operating Margin value of 54.17%, MSCI belongs to the best of the industry, outperforming 92.77% of the companies in the same industry.
MSCI's Operating Margin has improved in the last couple of years.
MSCI has a better Gross Margin (82.37%) than 88.09% 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
MSCI has less shares outstanding than it did 1 year ago.
The number of shares outstanding for MSCI has been reduced compared to 5 years ago.
Compared to 1 year ago, MSCI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.40 indicates that MSCI is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.40, MSCI belongs to the best of the industry, outperforming 90.64% of the companies in the same industry.
MSCI has a debt to FCF ratio of 3.97. This is a good value and a sign of high solvency as MSCI would need 3.97 years to pay back of all of its debts.
The Debt to FCF ratio of MSCI (3.97) is better than 75.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.97 | ||
| Altman-Z | 6.4 |
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.
MSCI has a Current ratio of 0.88. This is in the lower half of the industry: MSCI underperforms 61.28% of its industry peers.
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.
With a Quick ratio value of 0.88, MSCI is not doing good in the industry: 60.85% 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.
MSCI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.02%.
MSCI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.89% yearly.
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.
MSCI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.67% yearly.
EPS Next Y15.2%
EPS Next 2Y13.88%
EPS Next 3Y13.4%
EPS Next 5Y13.18%
Revenue Next Year9.53%
Revenue Next 2Y9.38%
Revenue Next 3Y8.94%
Revenue Next 5Y8.67%
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
MSCI is valuated quite expensively with a Price/Earnings ratio of 33.61.
Based on the Price/Earnings ratio, MSCI is valued a bit more expensive than the industry average as 72.77% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.60, MSCI is valued a bit more expensive.
MSCI is valuated quite expensively with a Price/Forward Earnings ratio of 28.67.
Based on the Price/Forward Earnings ratio, MSCI is valued a bit more expensive than the industry average as 68.09% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.23, MSCI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.61 | ||
| Fwd PE | 28.67 |
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.
MSCI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.59 | ||
| EV/EBITDA | 25.77 |
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.
MSCI's earnings are expected to grow with 13.40% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.21
PEG (5Y)1.79
EPS Next 2Y13.88%
EPS Next 3Y13.4%
5. Dividend
5.1 Amount
MSCI has a Yearly Dividend Yield of 1.25%.
Compared to an average industry Dividend Yield of 6.46, MSCI is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 1.93, MSCI is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)19.73%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
MSCI pays out 44.68% of its income as dividend. 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 2Y13.88%
EPS Next 3Y13.4%
565.25
-8.48 (-1.48%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners94.12%
Inst Owner Change-3.02%
Ins Owners3.03%
Ins Owner Change0.57%
Market Cap42.47B
Revenue(TTM)3.06B
Net Income(TTM)1.22B
Analysts77.69
Price Target661.32 (17%)
Short Float %2.64%
Short Ratio2.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend6.49
Dividend Growth(5Y)19.73%
DP44.68%
Div Incr Years10
Div Non Decr Years10
Ex-DateN/A
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%
PT rev (3m)5.72%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)1.43%
EPS NY rev (1m)0.02%
EPS NY rev (3m)0.66%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.61 | ||
| Fwd PE | 28.67 | ||
| P/S | 13.9 | ||
| P/FCF | 30.59 | ||
| P/OCF | 27.98 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 25.77 |
EPS(TTM)16.82
EY2.98%
EPS(NY)19.71
Fwd EY3.49%
FCF(TTM)18.48
FCFY3.27%
OCF(TTM)20.2
OCFY3.57%
SpS40.66
BVpS-25.5
TBVpS-75.71
PEG (NY)2.21
PEG (5Y)1.79
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 | 6.4 |
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 Y15.2%
EPS Next 2Y13.88%
EPS Next 3Y13.4%
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 2Y9.38%
Revenue Next 3Y8.94%
Revenue Next 5Y8.67%
EBIT growth 1Y10.78%
EBIT growth 3Y12.53%
EBIT growth 5Y15.13%
EBIT Next Year22.07%
EBIT Next 3Y13.86%
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 5 / 10 to MSCI.
What is the valuation status of MSCI INC (MSCI) stock?
ChartMill assigns a valuation rating of 2 / 10 to MSCI INC (MSCI). This can be considered as Overvalued.
What is the profitability of MSCI stock?
MSCI INC (MSCI) has a profitability rating of 8 / 10.
What is the valuation of MSCI INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for MSCI INC (MSCI) is 33.61 and the Price/Book (PB) ratio is -22.17.
Can you provide the expected EPS growth for MSCI stock?
The Earnings per Share (EPS) of MSCI INC (MSCI) is expected to grow by 15.2% in the next year.