SEI INVESTMENTS COMPANY (SEIC) Stock Fundamental Analysis
NASDAQ:SEIC - Nasdaq - US7841171033 - Common Stock - Currency: USD
Taking everything into account, SEIC scores 7 out of 10 in our fundamental rating. SEIC was compared to 230 industry peers in the Capital Markets industry. SEIC scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SEIC has a correct valuation and a medium growth rate. These ratings could make SEIC a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
SEIC had positive earnings in the past year.
In the past year SEIC had a positive cash flow from operations.
Each year in the past 5 years SEIC has been profitable.
SEIC had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SEIC has a better Return On Assets (23.43%) than 100.00% of its industry peers.
SEIC has a Return On Equity of 26.63%. This is amongst the best in the industry. SEIC outperforms 93.91% of its industry peers.
With an excellent Return On Invested Capital value of 19.69%, SEIC belongs to the best of the industry, outperforming 96.52% of the companies in the same industry.
SEIC had an Average Return On Invested Capital over the past 3 years of 17.57%. This is significantly above the industry average of 7.27%.
The 3 year average ROIC (17.57%) for SEIC is below the current ROIC(19.69%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.43% | ||
| ROE | 26.63% | ||
| ROIC | 19.69% |
ROA(3y)19.98%
ROA(5y)20.76%
ROE(3y)23.94%
ROE(5y)25.38%
ROIC(3y)17.57%
ROIC(5y)18.6%
1.3 Margins
With a decent Profit Margin value of 27.77%, SEIC is doing good in the industry, outperforming 69.57% of the companies in the same industry.
SEIC's Profit Margin has declined in the last couple of years.
SEIC has a Operating Margin (26.94%) which is comparable to the rest of the industry.
SEIC's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 85.83%, SEIC belongs to the top of the industry, outperforming 89.13% of the companies in the same industry.
In the last couple of years the Gross Margin of SEIC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.94% | ||
| PM (TTM) | 27.77% | ||
| GM | 85.83% |
OM growth 3Y-3.42%
OM growth 5Y-1.41%
PM growth 3Y-1.37%
PM growth 5Y-2.09%
GM growth 3Y0.77%
GM growth 5Y0.63%
2. Health
2.1 Basic Checks
SEIC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for SEIC has been reduced compared to 5 years ago.
There is no outstanding debt for SEIC. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
SEIC has an Altman-Z score of 23.04. This indicates that SEIC is financially healthy and has little risk of bankruptcy at the moment.
SEIC has a Altman-Z score of 23.04. This is amongst the best in the industry. SEIC outperforms 97.83% of its industry peers.
SEIC 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 | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 23.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 5.66 indicates that SEIC has no problem at all paying its short term obligations.
SEIC has a better Current ratio (5.66) than 89.57% of its industry peers.
A Quick Ratio of 5.66 indicates that SEIC has no problem at all paying its short term obligations.
SEIC has a Quick ratio of 5.66. This is amongst the best in the industry. SEIC outperforms 89.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.66 | ||
| Quick Ratio | 5.66 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.68% over the past year.
Measured over the past 5 years, SEIC shows a small growth in Earnings Per Share. The EPS has been growing by 6.34% on average per year.
Looking at the last year, SEIC shows a quite strong growth in Revenue. The Revenue has grown by 10.31% in the last year.
The Revenue has been growing slightly by 5.20% on average over the past years.
EPS 1Y (TTM)25.68%
EPS 3Y4.98%
EPS 5Y6.34%
EPS Q2Q%18.18%
Revenue 1Y (TTM)10.31%
Revenue growth 3Y3.48%
Revenue growth 5Y5.2%
Sales Q2Q%7.77%
3.2 Future
The Earnings Per Share is expected to grow by 9.61% on average over the next years. This is quite good.
Based on estimates for the next years, SEIC will show a small growth in Revenue. The Revenue will grow by 4.66% on average per year.
EPS Next Y7.54%
EPS Next 2Y8%
EPS Next 3Y9.01%
EPS Next 5Y9.61%
Revenue Next Year3.87%
Revenue Next 2Y4.22%
Revenue Next 3Y4.65%
Revenue Next 5Y4.66%
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
The Price/Earnings ratio is 18.24, which indicates a rather expensive current valuation of SEIC.
SEIC's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 25.82, SEIC is valued a bit cheaper.
The Price/Forward Earnings ratio is 16.28, which indicates a correct valuation of SEIC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SEIC is on the same level as its industry peers.
SEIC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.24 | ||
| Fwd PE | 16.28 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SEIC is valued cheaper than 81.30% of the companies in the same industry.
SEIC's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. SEIC is cheaper than 62.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.32 | ||
| EV/EBITDA | 14.8 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of SEIC may justify a higher PE ratio.
PEG (NY)2.42
PEG (5Y)2.88
EPS Next 2Y8%
EPS Next 3Y9.01%
5. Dividend
5.1 Amount
SEIC has a Yearly Dividend Yield of 1.12%. Purely for dividend investing, there may be better candidates out there.
SEIC's Dividend Yield is slightly below the industry average, which is at 8.12.
Compared to an average S&P500 Dividend Yield of 2.36, SEIC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of SEIC is nicely growing with an annual growth rate of 7.04%!
SEIC has paid a dividend for at least 10 years, which is a reliable track record.
SEIC has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.04%
Div Incr Years13
Div Non Decr Years13
5.3 Sustainability
SEIC pays out 20.34% of its income as dividend. This is a sustainable payout ratio.
The dividend of SEIC is growing, but earnings are growing more, so the dividend growth is sustainable.
DP20.34%
EPS Next 2Y8%
EPS Next 3Y9.01%
83.92
-0.55 (-0.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners73.54%
Inst Owner Change3.47%
Ins Owners23.27%
Ins Owner Change-2.31%
Market Cap10.45B
Analysts78.33
Price Target86.9 (3.55%)
Short Float %3.29%
Short Ratio4.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.93
Dividend Growth(5Y)7.04%
DP20.34%
Div Incr Years13
Div Non Decr Years13
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.32%
Min EPS beat(2)-2.91%
Max EPS beat(2)2.26%
EPS beat(4)2
Avg EPS beat(4)1.68%
Min EPS beat(4)-2.91%
Max EPS beat(4)8.86%
EPS beat(8)3
Avg EPS beat(8)0.37%
EPS beat(12)4
Avg EPS beat(12)-3.29%
EPS beat(16)5
Avg EPS beat(16)-2.44%
Revenue beat(2)0
Avg Revenue beat(2)-1.4%
Min Revenue beat(2)-1.5%
Max Revenue beat(2)-1.3%
Revenue beat(4)0
Avg Revenue beat(4)-1.72%
Min Revenue beat(4)-2.86%
Max Revenue beat(4)-1.23%
Revenue beat(8)1
Avg Revenue beat(8)-1.63%
Revenue beat(12)2
Avg Revenue beat(12)-1.36%
Revenue beat(16)5
Avg Revenue beat(16)-0.92%
PT rev (1m)-5.96%
PT rev (3m)-1.79%
EPS NQ rev (1m)2.24%
EPS NQ rev (3m)-4.32%
EPS NY rev (1m)2.45%
EPS NY rev (3m)-4.23%
Revenue NQ rev (1m)-0.26%
Revenue NQ rev (3m)-2.64%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-3.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.24 | ||
| Fwd PE | 16.28 | ||
| P/S | 4.82 | ||
| P/FCF | 17.32 | ||
| P/OCF | 15.91 | ||
| P/B | 4.63 | ||
| P/tB | 5.84 | ||
| EV/EBITDA | 14.8 |
EPS(TTM)4.6
EY5.48%
EPS(NY)5.16
Fwd EY6.14%
FCF(TTM)4.85
FCFY5.77%
OCF(TTM)5.27
OCFY6.28%
SpS17.39
BVpS18.14
TBVpS14.36
PEG (NY)2.42
PEG (5Y)2.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 23.43% | ||
| ROE | 26.63% | ||
| ROCE | 25.31% | ||
| ROIC | 19.69% | ||
| ROICexc | 29.04% | ||
| ROICexgc | 41.53% | ||
| OM | 26.94% | ||
| PM (TTM) | 27.77% | ||
| GM | 85.83% | ||
| FCFM | 27.86% |
ROA(3y)19.98%
ROA(5y)20.76%
ROE(3y)23.94%
ROE(5y)25.38%
ROIC(3y)17.57%
ROIC(5y)18.6%
ROICexc(3y)29.76%
ROICexc(5y)32.14%
ROICexgc(3y)46.13%
ROICexgc(5y)50.13%
ROCE(3y)22.59%
ROCE(5y)23.91%
ROICexcg growth 3Y-9.34%
ROICexcg growth 5Y-5.59%
ROICexc growth 3Y-7.45%
ROICexc growth 5Y-3.84%
OM growth 3Y-3.42%
OM growth 5Y-1.41%
PM growth 3Y-1.37%
PM growth 5Y-2.09%
GM growth 3Y0.77%
GM growth 5Y0.63%
F-Score9
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 70.91% | ||
| Cap/Sales | 2.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 99.7% | ||
| Profit Quality | 100.33% | ||
| Current Ratio | 5.66 | ||
| Quick Ratio | 5.66 | ||
| Altman-Z | 23.04 |
F-Score9
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)79.78%
Cap/Depr(5y)77.91%
Cap/Sales(3y)3.16%
Cap/Sales(5y)3.37%
Profit Quality(3y)94.91%
Profit Quality(5y)96.52%
High Growth Momentum
Growth
EPS 1Y (TTM)25.68%
EPS 3Y4.98%
EPS 5Y6.34%
EPS Q2Q%18.18%
EPS Next Y7.54%
EPS Next 2Y8%
EPS Next 3Y9.01%
EPS Next 5Y9.61%
Revenue 1Y (TTM)10.31%
Revenue growth 3Y3.48%
Revenue growth 5Y5.2%
Sales Q2Q%7.77%
Revenue Next Year3.87%
Revenue Next 2Y4.22%
Revenue Next 3Y4.65%
Revenue Next 5Y4.66%
EBIT growth 1Y28.37%
EBIT growth 3Y-0.06%
EBIT growth 5Y3.71%
EBIT Next Year26.4%
EBIT Next 3Y13.1%
EBIT Next 5Y11.29%
FCF growth 1Y76.5%
FCF growth 3Y-0.86%
FCF growth 5Y3.87%
OCF growth 1Y56.28%
OCF growth 3Y-0.57%
OCF growth 5Y2.69%