PERELLA WEINBERG PARTNERS (PWP) Stock Fundamental Analysis
USA - NASDAQ:PWP - US71367G1022 - Common Stock
22.06 USD
-0.19 (-0.85%)
22.06 USD
0 (0%)
PWP gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. The financial health of PWP is average, but there are quite some concerns on its profitability. PWP is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
PWP had positive earnings in the past year.
In the past year PWP had a positive cash flow from operations.
In the past 5 years PWP reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: PWP reported negative operating cash flow in multiple years.
1.2 Ratios
With an excellent Return On Assets value of 9.43%, PWP belongs to the best of the industry, outperforming 87.34% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 14.09%, PWP belongs to the top of the industry, outperforming 89.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.43% | ||
| ROE | N/A | ||
| ROIC | 14.09% |
ROA(3y)-2.38%
ROA(5y)-2.13%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of PWP (6.57%) is worse than 65.40% of its industry peers.
PWP has a worse Operating Margin (8.94%) than 69.20% of its industry peers.
PWP has a better Gross Margin (87.91%) than 91.14% of its industry peers.
In the last couple of years the Gross Margin of PWP has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.94% | ||
| PM (TTM) | 6.57% | ||
| GM | 87.91% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.08%
GM growth 5YN/A
2. Health
2.1 Basic Checks
PWP has more shares outstanding than it did 1 year ago.
PWP has more shares outstanding than it did 5 years ago.
PWP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 2.82 indicates that PWP is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of PWP (2.82) is better than 76.37% of its industry peers.
PWP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0 | ||
| Altman-Z | 2.82 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.35 indicates that PWP should not have too much problems paying its short term obligations.
The Current ratio of PWP (1.35) is better than 61.18% of its industry peers.
PWP has a Quick Ratio of 1.35. This is a normal value and indicates that PWP is financially healthy and should not expect problems in meeting its short term obligations.
PWP has a Quick ratio of 1.35. This is in the better half of the industry: PWP outperforms 61.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 83.02% over the past year.
The earnings per share for PWP have been decreasing by -16.37% on average. This is quite bad
Looking at the last year, PWP shows a very strong growth in Revenue. The Revenue has grown by 20.01%.
PWP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.08% yearly.
EPS 1Y (TTM)83.02%
EPS 3Y-16.37%
EPS 5YN/A
EPS Q2Q%-79.07%
Revenue 1Y (TTM)20.01%
Revenue growth 3Y3.08%
Revenue growth 5YN/A
Sales Q2Q%-43.13%
3.2 Future
Based on estimates for the next years, PWP will show a very strong growth in Earnings Per Share. The EPS will grow by 20.22% on average per year.
Based on estimates for the next years, PWP will show a quite strong growth in Revenue. The Revenue will grow by 10.22% on average per year.
EPS Next Y12.4%
EPS Next 2Y31.89%
EPS Next 3Y20.22%
EPS Next 5YN/A
Revenue Next Year1.54%
Revenue Next 2Y12.74%
Revenue Next 3Y10.22%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PWP is valuated rather expensively with a Price/Earnings ratio of 22.74.
The rest of the industry has a similar Price/Earnings ratio as PWP.
PWP's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.27.
Based on the Price/Forward Earnings ratio of 13.64, the valuation of PWP can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PWP is on the same level as its industry peers.
PWP is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.77, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.74 | ||
| Fwd PE | 13.64 |
4.2 Price Multiples
PWP's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. PWP is cheaper than 76.37% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PWP indicates a somewhat cheap valuation: PWP is cheaper than 74.26% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.94 | ||
| EV/EBITDA | 18.19 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PWP's earnings are expected to grow with 20.22% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.83
PEG (5Y)N/A
EPS Next 2Y31.89%
EPS Next 3Y20.22%
5. Dividend
5.1 Amount
PWP has a Yearly Dividend Yield of 1.24%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 7.96, PWP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, PWP's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
5.2 History
PWP has been paying a dividend for over 5 years, so it has already some track record.
PWP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
PWP pays out 65.49% of its income as dividend. This is not a sustainable payout ratio.
DP65.49%
EPS Next 2Y31.89%
EPS Next 3Y20.22%
22.06
-0.19 (-0.85%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners91.46%
Inst Owner Change11.09%
Ins Owners2.99%
Ins Owner Change0.19%
Market Cap1.93B
Analysts75
Price Target26.27 (19.08%)
Short Float %7.86%
Short Ratio3.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.24% |
Yearly Dividend0.45
Dividend Growth(5Y)N/A
DP65.49%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.81%
Min EPS beat(2)29.61%
Max EPS beat(2)30%
EPS beat(4)4
Avg EPS beat(4)42.71%
Min EPS beat(4)23.17%
Max EPS beat(4)88.06%
EPS beat(8)7
Avg EPS beat(8)41.08%
EPS beat(12)11
Avg EPS beat(12)94.95%
EPS beat(16)13
Avg EPS beat(16)91.99%
Revenue beat(2)1
Avg Revenue beat(2)-4.85%
Min Revenue beat(2)-11.19%
Max Revenue beat(2)1.5%
Revenue beat(4)3
Avg Revenue beat(4)7.25%
Min Revenue beat(4)-11.19%
Max Revenue beat(4)37.5%
Revenue beat(8)6
Avg Revenue beat(8)10.09%
Revenue beat(12)10
Avg Revenue beat(12)11.4%
Revenue beat(16)12
Avg Revenue beat(16)10.07%
PT rev (1m)4.04%
PT rev (3m)13.19%
EPS NQ rev (1m)-1.12%
EPS NQ rev (3m)-15.8%
EPS NY rev (1m)-4.39%
EPS NY rev (3m)-5.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.93%
Revenue NY rev (1m)-1.89%
Revenue NY rev (3m)-3.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.74 | ||
| Fwd PE | 13.64 | ||
| P/S | 2.22 | ||
| P/FCF | 8.94 | ||
| P/OCF | 8.8 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.19 |
EPS(TTM)0.97
EY4.4%
EPS(NY)1.62
Fwd EY7.33%
FCF(TTM)2.47
FCFY11.18%
OCF(TTM)2.51
OCFY11.36%
SpS9.96
BVpS-3.64
TBVpS-4.14
PEG (NY)1.83
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.43% | ||
| ROE | N/A | ||
| ROCE | 17.84% | ||
| ROIC | 14.09% | ||
| ROICexc | 21.1% | ||
| ROICexgc | 24.82% | ||
| OM | 8.94% | ||
| PM (TTM) | 6.57% | ||
| GM | 87.91% | ||
| FCFM | 24.78% |
ROA(3y)-2.38%
ROA(5y)-2.13%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.08%
GM growth 5YN/A
F-Score8
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 17.2% | ||
| Cap/Sales | 0.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 223.5% | ||
| Profit Quality | 377.17% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | 2.82 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)240.45%
Cap/Depr(5y)N/A
Cap/Sales(3y)4.99%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.02%
EPS 3Y-16.37%
EPS 5YN/A
EPS Q2Q%-79.07%
EPS Next Y12.4%
EPS Next 2Y31.89%
EPS Next 3Y20.22%
EPS Next 5YN/A
Revenue 1Y (TTM)20.01%
Revenue growth 3Y3.08%
Revenue growth 5YN/A
Sales Q2Q%-43.13%
Revenue Next Year1.54%
Revenue Next 2Y12.74%
Revenue Next 3Y10.22%
Revenue Next 5YN/A
EBIT growth 1Y137.72%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1024.06%
FCF growth 3Y-3.92%
FCF growth 5YN/A
OCF growth 1Y186.29%
OCF growth 3Y-1.67%
OCF growth 5YN/A