PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
USA - NYSE:PIPR - US7240781002 - Common Stock
350.86 USD
+3.05 (+0.88%)
350.86 USD
0 (0%)
Overall PIPR gets a fundamental rating of 6 out of 10. We evaluated PIPR against 237 industry peers in the Capital Markets industry. PIPR has an excellent profitability rating, but there are some minor concerns on its financial health. PIPR is valued quite expensive, but it does show an excellent growth. These ratings would make PIPR suitable for growth investing!
1. Profitability
1.1 Basic Checks
PIPR had positive earnings in the past year.
PIPR had a positive operating cash flow in the past year.
PIPR had positive earnings in each of the past 5 years.
Of the past 5 years PIPR 4 years had a positive operating cash flow.
1.2 Ratios
PIPR has a better Return On Assets (10.77%) than 89.83% of its industry peers.
PIPR has a Return On Equity of 17.15%. This is amongst the best in the industry. PIPR outperforms 83.47% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.51%, PIPR belongs to the top of the industry, outperforming 86.86% of the companies in the same industry.
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 45.34% of the companies in the same industry.
In the last couple of years the Profit Margin of PIPR has remained more or less at the same level.
With a Operating Margin value of 13.89%, PIPR is not doing good in the industry: 66.10% of the companies in the same industry are doing better.
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
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
An Altman-Z score of 6.59 indicates that PIPR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.59, PIPR belongs to the top of the industry, outperforming 88.14% of the companies in the same industry.
The Debt to FCF ratio of PIPR is 2.41, which is a good value as it means it would take PIPR, 2.41 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PIPR (2.41) is better than 85.17% 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.
Looking at the Debt to Equity ratio, with a value of 0.06, PIPR belongs to the top of the industry, outperforming 82.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Altman-Z | 6.59 |
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 64.83% of its industry peers.
PIPR has a Quick 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 has a Quick ratio of 0.76. This is in the lower half of the industry: PIPR underperforms 64.41% of its industry peers.
| 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.
PIPR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.31% yearly.
The Revenue has grown by 10.47% in the past year. This is quite good.
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
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 24.35.
Compared to the rest of the industry, the Price/Earnings ratio of PIPR indicates a slightly more expensive valuation: PIPR is more expensive than 61.86% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of PIPR to the average of the S&P500 Index (27.32), we can say PIPR is valued inline with the index average.
Based on the Price/Forward Earnings ratio of 19.39, the valuation of PIPR can be described as rather expensive.
PIPR's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.89, PIPR is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.35 | ||
| Fwd PE | 19.39 |
4.2 Price Multiples
68.64% of the companies in the same industry are more expensive than PIPR, based on the Enterprise Value to EBITDA ratio.
PIPR's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 189.95 | ||
| EV/EBITDA | 24.21 |
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.
A more expensive valuation may be justified as PIPR's earnings are expected to grow with 16.53% in the coming years.
PEG (NY)1.46
PEG (5Y)2.15
EPS Next 2Y19.46%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
PIPR has a yearly dividend return of 0.75%, which is pretty low.
Compared to an average industry Dividend Yield of 8.38, PIPR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.42, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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.
The dividend of PIPR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP52.44%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
350.86
+3.05 (+0.88%)
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-0.14%
Market Cap6.21B
Analysts78
Price Target347.31 (-1.01%)
Short Float %2.54%
Short Ratio3.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
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)1.49%
PT rev (3m)19.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.13%
EPS NY rev (1m)0%
EPS NY rev (3m)7.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.91%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.35 | ||
| Fwd PE | 19.39 | ||
| P/S | 3.87 | ||
| P/FCF | 189.95 | ||
| P/OCF | 90.1 | ||
| P/B | 5.05 | ||
| P/tB | 7.62 | ||
| EV/EBITDA | 24.21 |
EPS(TTM)14.41
EY4.11%
EPS(NY)18.1
Fwd EY5.16%
FCF(TTM)1.85
FCFY0.53%
OCF(TTM)3.89
OCFY1.11%
SpS90.64
BVpS69.52
TBVpS46.06
PEG (NY)1.46
PEG (5Y)2.15
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 | 6.59 |
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%