PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
NYSE:PIPR - US7240781002 - Common Stock
322.37 USD
-6.49 (-1.97%)
322.37 USD
0 (0%)
Overall PIPR gets a fundamental rating of 6 out of 10. We evaluated PIPR against 239 industry peers in the Capital Markets industry. While PIPR has a great profitability rating, there are some minor concerns on its financial health. PIPR is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings would make PIPR suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year PIPR was profitable.
PIPR had a positive operating cash flow in the past year.
PIPR had positive earnings in each of the past 5 years.
PIPR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PIPR's Return On Assets of 10.77% is amongst the best of the industry. PIPR outperforms 89.96% of its industry peers.
The Return On Equity of PIPR (17.15%) is better than 84.10% of its industry peers.
The Return On Invested Capital of PIPR (11.51%) is better than 87.03% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PIPR is in line with the industry average of 7.59%.
The 3 year average ROIC (8.57%) for PIPR is below the current ROIC(11.51%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 17.15% | ||
| ROIC | 11.51% |
ROA(3y)5.7%
ROA(5y)6%
ROE(3y)11.04%
ROE(5y)12.85%
ROIC(3y)8.57%
ROIC(5y)10.7%
1.3 Margins
Looking at the Profit Margin, with a value of 13.16%, PIPR is in line with its industry, outperforming 46.03% of the companies in the same industry.
PIPR's Profit Margin has been stable in the last couple of years.
PIPR's Operating Margin of 13.89% is on the low side compared to the rest of the industry. PIPR is outperformed by 65.69% of its industry peers.
PIPR's Operating Margin has declined in the last couple of years.
PIPR has a better Gross Margin (98.38%) than 97.49% of its industry peers.
PIPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.89% | ||
| PM (TTM) | 13.16% | ||
| GM | 98.38% |
OM growth 3Y-12.92%
OM growth 5Y-1.74%
PM growth 3Y-4.65%
PM growth 5Y-1.37%
GM growth 3Y-0.11%
GM growth 5Y0.19%
2. Health
2.1 Basic Checks
The number of shares outstanding for PIPR has been increased compared to 1 year ago.
The number of shares outstanding for PIPR has been increased compared to 5 years ago.
The debt/assets ratio for PIPR has been reduced compared to a year ago.
2.2 Solvency
PIPR has an Altman-Z score of 6.22. This indicates that PIPR is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.22, PIPR belongs to the best of the industry, outperforming 87.87% of the companies in the same industry.
PIPR has a debt to FCF ratio of 2.41. This is a good value and a sign of high solvency as PIPR would need 2.41 years to pay back of all of its debts.
PIPR has a better Debt to FCF ratio (2.41) than 84.94% of its industry peers.
A Debt/Equity ratio of 0.06 indicates that PIPR is not too dependend on debt financing.
PIPR has a Debt to Equity ratio of 0.06. This is amongst the best in the industry. PIPR outperforms 81.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Altman-Z | 6.22 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PIPR has a Current Ratio of 0.76. This is a bad value and indicates that PIPR is not financially healthy enough and could expect problems in meeting its short term obligations.
PIPR's Current ratio of 0.76 is on the low side compared to the rest of the industry. PIPR is outperformed by 65.27% of its industry peers.
A Quick Ratio of 0.76 indicates that PIPR may have some problems paying its short term obligations.
PIPR's Quick ratio of 0.76 is on the low side compared to the rest of the industry. PIPR is outperformed by 64.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.82% over the past year.
The Earnings Per Share has been growing by 11.31% on average over the past years. This is quite good.
PIPR shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.47%.
Measured over the past years, PIPR shows a quite strong growth in Revenue. The Revenue has been growing by 12.60% on average per year.
EPS 1Y (TTM)29.82%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%17.06%
Revenue 1Y (TTM)10.47%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%13.65%
3.2 Future
The Earnings Per Share is expected to grow by 16.53% on average over the next years. This is quite good.
Based on estimates for the next years, PIPR will show a quite strong growth in Revenue. The Revenue will grow by 11.54% on average per year.
EPS Next Y16.69%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue Next Year13.36%
Revenue Next 2Y13.81%
Revenue Next 3Y11.54%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PIPR is valuated rather expensively with a Price/Earnings ratio of 22.37.
Compared to the rest of the industry, the Price/Earnings ratio of PIPR is on the same level as its industry peers.
PIPR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.84.
A Price/Forward Earnings ratio of 17.81 indicates a rather expensive valuation of PIPR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PIPR is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.48, PIPR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.37 | ||
| Fwd PE | 17.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PIPR is valued a bit cheaper than the industry average as 70.71% of the companies are valued more expensively.
The rest of the industry has a similar Price/Free Cash Flow ratio as PIPR.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 174.53 | ||
| EV/EBITDA | 22.4 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PIPR has a very decent profitability rating, which may justify a higher PE ratio.
PIPR's earnings are expected to grow with 16.53% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.34
PEG (5Y)1.98
EPS Next 2Y19.46%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
With a yearly dividend of 0.78%, PIPR is not a good candidate for dividend investing.
PIPR's Dividend Yield is slightly below the industry average, which is at 7.91.
Compared to an average S&P500 Dividend Yield of 2.32, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
On average, the dividend of PIPR grows each year by 12.05%, which is quite nice.
PIPR has been paying a dividend for over 5 years, so it has already some track record.
The dividend of PIPR decreased recently.
Dividend Growth(5Y)12.05%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
52.44% of the earnings are spent on dividend by PIPR. This is a bit on the high side, but may be sustainable.
PIPR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.44%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
322.37
-6.49 (-1.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82.92%
Inst Owner ChangeN/A
Ins Owners2.84%
Ins Owner Change0.07%
Market Cap5.70B
Analysts78
Price Target342.21 (6.15%)
Short Float %2.75%
Short Ratio2.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend4.71
Dividend Growth(5Y)12.05%
DP52.44%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.37%
Min EPS beat(2)29.8%
Max EPS beat(2)40.94%
EPS beat(4)3
Avg EPS beat(4)20.96%
Min EPS beat(4)-5.82%
Max EPS beat(4)40.94%
EPS beat(8)7
Avg EPS beat(8)22.4%
EPS beat(12)10
Avg EPS beat(12)20.81%
EPS beat(16)14
Avg EPS beat(16)21.51%
Revenue beat(2)2
Avg Revenue beat(2)7.37%
Min Revenue beat(2)2.19%
Max Revenue beat(2)12.55%
Revenue beat(4)3
Avg Revenue beat(4)3.99%
Min Revenue beat(4)-6.36%
Max Revenue beat(4)12.55%
Revenue beat(8)7
Avg Revenue beat(8)5.59%
Revenue beat(12)9
Avg Revenue beat(12)4.08%
Revenue beat(16)13
Avg Revenue beat(16)6.01%
PT rev (1m)4.35%
PT rev (3m)25.66%
EPS NQ rev (1m)2.36%
EPS NQ rev (3m)-18.82%
EPS NY rev (1m)7.2%
EPS NY rev (3m)7.59%
Revenue NQ rev (1m)1.67%
Revenue NQ rev (3m)-8.25%
Revenue NY rev (1m)4.28%
Revenue NY rev (3m)4.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.37 | ||
| Fwd PE | 17.81 | ||
| P/S | 3.56 | ||
| P/FCF | 174.53 | ||
| P/OCF | 82.79 | ||
| P/B | 4.64 | ||
| P/tB | 7 | ||
| EV/EBITDA | 22.4 |
EPS(TTM)14.41
EY4.47%
EPS(NY)18.1
Fwd EY5.61%
FCF(TTM)1.85
FCFY0.57%
OCF(TTM)3.89
OCFY1.21%
SpS90.64
BVpS69.52
TBVpS46.06
PEG (NY)1.34
PEG (5Y)1.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 17.15% | ||
| ROCE | 15.91% | ||
| ROIC | 11.51% | ||
| ROICexc | 12.56% | ||
| ROICexgc | 18.51% | ||
| OM | 13.89% | ||
| PM (TTM) | 13.16% | ||
| GM | 98.38% | ||
| FCFM | 2.04% |
ROA(3y)5.7%
ROA(5y)6%
ROE(3y)11.04%
ROE(5y)12.85%
ROIC(3y)8.57%
ROIC(5y)10.7%
ROICexc(3y)12.01%
ROICexc(5y)22.17%
ROICexgc(3y)20.67%
ROICexgc(5y)66.52%
ROCE(3y)12.07%
ROCE(5y)15.09%
ROICexcg growth 3Y-51.6%
ROICexcg growth 5Y12.45%
ROICexc growth 3Y-37.22%
ROICexc growth 5Y9.46%
OM growth 3Y-12.92%
OM growth 5Y-1.74%
PM growth 3Y-4.65%
PM growth 5Y-1.37%
GM growth 3Y-0.11%
GM growth 5Y0.19%
F-Score7
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 137.31% | ||
| Cap/Sales | 2.26% | ||
| Interest Coverage | 38.64 | ||
| Cash Conversion | 27.66% | ||
| Profit Quality | 15.49% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 6.22 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)60.94%
Cap/Depr(5y)52.55%
Cap/Sales(3y)1.29%
Cap/Sales(5y)1.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)29.82%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%17.06%
EPS Next Y16.69%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue 1Y (TTM)10.47%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%13.65%
Revenue Next Year13.36%
Revenue Next 2Y13.81%
Revenue Next 3Y11.54%
Revenue Next 5YN/A
EBIT growth 1Y32.65%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year15.97%
EBIT Next 3Y16.99%
EBIT Next 5YN/A
FCF growth 1Y9.67%
FCF growth 3Y-24.3%
FCF growth 5Y37.18%
OCF growth 1Y35.77%
OCF growth 3Y-23.77%
OCF growth 5Y35.81%