PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
USA - NYSE:PIPR - US7240781002 - Common Stock
333.04 USD
+1.52 (+0.46%)
333.04 USD
0 (0%)
Overall PIPR gets a fundamental rating of 6 out of 10. We evaluated PIPR against 236 industry peers in the Capital Markets industry. While PIPR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PIPR is growing strongly while it is still valued neutral. This is a good combination! These ratings could make PIPR a good candidate 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.
Each year in the past 5 years PIPR has been profitable.
PIPR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PIPR has a better Return On Assets (10.77%) than 89.41% of its industry peers.
Looking at the Return On Equity, with a value of 17.15%, PIPR belongs to the top of the industry, outperforming 82.63% of the companies in the same industry.
The Return On Invested Capital of PIPR (11.51%) is better than 86.86% 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 7.56%.
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 45.76% of the companies in the same industry.
PIPR's Profit Margin has been stable in the last couple of years.
PIPR has a worse Operating Margin (13.89%) than 65.25% of its industry peers.
PIPR's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 98.38%, PIPR belongs to the best of the industry, outperforming 97.46% of the companies in the same industry.
In the last couple of years the Gross Margin of PIPR has remained more or less at the same level.
| 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
Compared to 1 year ago, PIPR has more shares outstanding
Compared to 5 years ago, PIPR has more shares outstanding
Compared to 1 year ago, PIPR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.37 indicates that PIPR is not in any danger for bankruptcy at the moment.
PIPR has a Altman-Z score of 6.37. This is amongst the best in the industry. PIPR outperforms 88.98% of its industry peers.
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's Debt to FCF ratio of 2.41 is amongst the best of the industry. PIPR outperforms 85.59% of its industry peers.
PIPR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
PIPR has a better Debt to Equity ratio (0.06) than 81.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Altman-Z | 6.37 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.76 indicates that PIPR may have some problems paying its short term obligations.
PIPR has a Current ratio of 0.76. This is in the lower half of the industry: PIPR underperforms 66.53% of its industry peers.
A Quick Ratio of 0.76 indicates that PIPR may have some problems paying its short term obligations.
With a Quick ratio value of 0.76, PIPR is not doing good in the industry: 66.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
PIPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.82%, which is quite impressive.
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%.
PIPR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.60% yearly.
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
PIPR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.76% yearly.
The Revenue is expected to grow by 11.73% on average over the next years. This is quite good.
EPS Next Y16.69%
EPS Next 2Y19.5%
EPS Next 3Y16.76%
EPS Next 5YN/A
Revenue Next Year13.82%
Revenue Next 2Y13.93%
Revenue Next 3Y11.73%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.11, which indicates a rather expensive current valuation of PIPR.
Compared to the rest of the industry, the Price/Earnings ratio of PIPR indicates a slightly more expensive valuation: PIPR is more expensive than 62.29% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.77. PIPR is around the same levels.
Based on the Price/Forward Earnings ratio of 18.39, the valuation of PIPR can be described as rather expensive.
PIPR's Price/Forward Earnings is on the same level as the industry average.
PIPR is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.11 | ||
| Fwd PE | 18.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PIPR is valued a bit cheaper than 67.80% of the companies in the same industry.
PIPR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 180.31 | ||
| EV/EBITDA | 23.16 |
4.3 Compensation for Growth
PIPR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of PIPR may justify a higher PE ratio.
PIPR's earnings are expected to grow with 16.76% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.38
PEG (5Y)2.04
EPS Next 2Y19.5%
EPS Next 3Y16.76%
5. Dividend
5.1 Amount
With a yearly dividend of 0.80%, PIPR is not a good candidate for dividend investing.
PIPR's Dividend Yield is slightly below the industry average, which is at 8.51.
Compared to an average S&P500 Dividend Yield of 2.36, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
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.
PIPR has decreased its dividend 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 2Y19.5%
EPS Next 3Y16.76%
333.04
+1.52 (+0.46%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners86.38%
Inst Owner ChangeN/A
Ins Owners2.81%
Ins Owner Change-0.15%
Market Cap5.89B
Analysts78
Price Target347.31 (4.28%)
Short Float %2.81%
Short Ratio3.55
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
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)0%
PT rev (3m)5.91%
EPS NQ rev (1m)5%
EPS NQ rev (3m)8.28%
EPS NY rev (1m)0%
EPS NY rev (3m)7.2%
Revenue NQ rev (1m)1.18%
Revenue NQ rev (3m)2.87%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)4.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.11 | ||
| Fwd PE | 18.39 | ||
| P/S | 3.67 | ||
| P/FCF | 180.31 | ||
| P/OCF | 85.53 | ||
| P/B | 4.79 | ||
| P/tB | 7.23 | ||
| EV/EBITDA | 23.16 |
EPS(TTM)14.41
EY4.33%
EPS(NY)18.11
Fwd EY5.44%
FCF(TTM)1.85
FCFY0.55%
OCF(TTM)3.89
OCFY1.17%
SpS90.64
BVpS69.52
TBVpS46.06
PEG (NY)1.38
PEG (5Y)2.04
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 | 6.37 |
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 2Y19.5%
EPS Next 3Y16.76%
EPS Next 5YN/A
Revenue 1Y (TTM)10.47%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%13.65%
Revenue Next Year13.82%
Revenue Next 2Y13.93%
Revenue Next 3Y11.73%
Revenue Next 5YN/A
EBIT growth 1Y32.65%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year18.88%
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%