MORGAN STANLEY DIRECT LENDIN (MSDL) Stock Fundamental Analysis
USA - NYSE:MSDL - US61774A1034 - Common Stock
16.55 USD
+0.13 (+0.79%)
16.55 USD
0 (0%)
Overall MSDL gets a fundamental rating of 3 out of 10. We evaluated MSDL against 238 industry peers in the Capital Markets industry. MSDL may be in some trouble as it scores bad on both profitability and health. MSDL is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MSDL was profitable.
In the past year MSDL has reported a negative cash flow from operations.
1.2 Ratios
The Return On Assets of MSDL (4.35%) is better than 63.45% of its industry peers.
The Return On Equity of MSDL (9.53%) is comparable to the rest of the industry.
MSDL's Return On Invested Capital of 4.15% is in line compared to the rest of the industry. MSDL outperforms 56.72% of its industry peers.
MSDL had an Average Return On Invested Capital over the past 3 years of 4.33%. This is below the industry average of 7.64%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.35% | ||
| ROE | 9.53% | ||
| ROIC | 4.15% |
ROA(3y)4.71%
ROA(5y)N/A
ROE(3y)9.53%
ROE(5y)N/A
ROIC(3y)4.33%
ROIC(5y)N/A
1.3 Margins
MSDL has a better Profit Margin (41.23%) than 84.87% of its industry peers.
MSDL's Profit Margin has declined in the last couple of years.
The Operating Margin of MSDL (48.74%) is better than 83.19% of its industry peers.
In the last couple of years the Operating Margin of MSDL has declined.
MSDL's Gross Margin of 48.58% is in line compared to the rest of the industry. MSDL outperforms 56.72% of its industry peers.
MSDL's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 48.74% | ||
| PM (TTM) | 41.23% | ||
| GM | 48.58% |
OM growth 3Y-4.23%
OM growth 5YN/A
PM growth 3Y-9.32%
PM growth 5YN/A
GM growth 3Y-2.84%
GM growth 5YN/A
2. Health
2.1 Basic Checks
MSDL has more shares outstanding than it did 1 year ago.
Compared to 1 year ago, MSDL has a worse debt to assets ratio.
2.2 Solvency
MSDL has an Altman-Z score of 0.68. This is a bad value and indicates that MSDL is not financially healthy and even has some risk of bankruptcy.
MSDL has a Altman-Z score of 0.68. This is comparable to the rest of the industry: MSDL outperforms 42.44% of its industry peers.
MSDL has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.15, MSDL is in line with its industry, outperforming 40.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.68 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.11 indicates that MSDL should not have too much problems paying its short term obligations.
The Current ratio of MSDL (1.11) is comparable to the rest of the industry.
MSDL has a Quick Ratio of 1.11. This is a normal value and indicates that MSDL is financially healthy and should not expect problems in meeting its short term obligations.
MSDL has a Quick ratio (1.11) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
MSDL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.51%.
MSDL shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.13% yearly.
Looking at the last year, MSDL shows a small growth in Revenue. The Revenue has grown by 3.83% in the last year.
Measured over the past years, MSDL shows a very strong growth in Revenue. The Revenue has been growing by 51.43% on average per year.
EPS 1Y (TTM)-29.51%
EPS 3Y37.13%
EPS 5YN/A
EPS Q2Q%-20.63%
Revenue 1Y (TTM)3.83%
Revenue growth 3Y51.43%
Revenue growth 5YN/A
Sales Q2Q%-11.91%
3.2 Future
MSDL is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.38% yearly.
The Revenue is expected to decrease by -3.74% on average over the next years.
EPS Next Y-16.91%
EPS Next 2Y-11.35%
EPS Next 3Y-8.38%
EPS Next 5YN/A
Revenue Next Year-5.32%
Revenue Next 2Y-5.13%
Revenue Next 3Y-3.74%
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 decreasing.
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 7.36 indicates a rather cheap valuation of MSDL.
Based on the Price/Earnings ratio, MSDL is valued cheaper than 84.45% of the companies in the same industry.
MSDL is valuated cheaply when we compare the Price/Earnings ratio to 27.91, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 8.46, the valuation of MSDL can be described as reasonable.
79.83% of the companies in the same industry are more expensive than MSDL, based on the Price/Forward Earnings ratio.
MSDL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 8.46 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
MSDL's earnings are expected to decrease with -8.38% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.35%
EPS Next 3Y-8.38%
5. Dividend
5.1 Amount
MSDL has a Yearly Dividend Yield of 12.88%, which is a nice return.
Compared to an average industry Dividend Yield of 8.50, MSDL pays a better dividend. On top of this MSDL pays more dividend than 81.09% of the companies listed in the same industry.
MSDL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.88% |
5.2 History
MSDL does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
114.43% of the earnings are spent on dividend by MSDL. This is not a sustainable payout ratio.
DP114.43%
EPS Next 2Y-11.35%
EPS Next 3Y-8.38%
16.55
+0.13 (+0.79%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners21.42%
Inst Owner Change0%
Ins Owners0.18%
Ins Owner Change36.73%
Market Cap1.44B
Analysts73.33
Price Target19.25 (16.31%)
Short Float %0.52%
Short Ratio0.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.88% |
Yearly Dividend1.91
Dividend Growth(5Y)N/A
DP114.43%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.06%
Min EPS beat(2)-7.31%
Max EPS beat(2)-4.82%
EPS beat(4)1
Avg EPS beat(4)-5.37%
Min EPS beat(4)-10.16%
Max EPS beat(4)0.79%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-6.25%
Min Revenue beat(2)-9.79%
Max Revenue beat(2)-2.72%
Revenue beat(4)1
Avg Revenue beat(4)-5.38%
Min Revenue beat(4)-9.79%
Max Revenue beat(4)0.23%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-4.43%
PT rev (3m)-6.21%
EPS NQ rev (1m)-0.07%
EPS NQ rev (3m)-2.27%
EPS NY rev (1m)-1.35%
EPS NY rev (3m)-1.86%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)9.28%
Revenue NY rev (3m)0.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 8.46 | ||
| P/S | 3.47 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.8 | ||
| P/tB | 0.8 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.25
EY13.6%
EPS(NY)1.96
Fwd EY11.82%
FCF(TTM)-1.79
FCFYN/A
OCF(TTM)-1.79
OCFYN/A
SpS4.76
BVpS20.62
TBVpS20.62
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.35% | ||
| ROE | 9.53% | ||
| ROCE | 5.25% | ||
| ROIC | 4.15% | ||
| ROICexc | 4.21% | ||
| ROICexgc | 4.21% | ||
| OM | 48.74% | ||
| PM (TTM) | 41.23% | ||
| GM | 48.58% | ||
| FCFM | N/A |
ROA(3y)4.71%
ROA(5y)N/A
ROE(3y)9.53%
ROE(5y)N/A
ROIC(3y)4.33%
ROIC(5y)N/A
ROICexc(3y)4.43%
ROICexc(5y)N/A
ROICexgc(3y)4.43%
ROICexgc(5y)N/A
ROCE(3y)5.48%
ROCE(5y)N/A
ROICexcg growth 3Y24.43%
ROICexcg growth 5YN/A
ROICexc growth 3Y24.43%
ROICexc growth 5YN/A
OM growth 3Y-4.23%
OM growth 5YN/A
PM growth 3Y-9.32%
PM growth 5YN/A
GM growth 3Y-2.84%
GM growth 5YN/A
F-Score3
Asset Turnover0.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1.54 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.11 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | 0.68 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-29.51%
EPS 3Y37.13%
EPS 5YN/A
EPS Q2Q%-20.63%
EPS Next Y-16.91%
EPS Next 2Y-11.35%
EPS Next 3Y-8.38%
EPS Next 5YN/A
Revenue 1Y (TTM)3.83%
Revenue growth 3Y51.43%
Revenue growth 5YN/A
Sales Q2Q%-11.91%
Revenue Next Year-5.32%
Revenue Next 2Y-5.13%
Revenue Next 3Y-3.74%
Revenue Next 5YN/A
EBIT growth 1Y-8.02%
EBIT growth 3Y45.02%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-345.62%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-345.62%
OCF growth 3YN/A
OCF growth 5YN/A