WISDOMTREE INC (WT) Stock Fundamental Analysis
USA - NYSE:WT - US97717P1049 - Common Stock
13.04 USD
-0.28 (-2.1%)
13.25 USD
+0.21 (+1.61%)
WT gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of WT get a neutral evaluation. Nothing too spectacular is happening here. WT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year WT was profitable.
WT had a positive operating cash flow in the past year.
WT had positive earnings in 4 of the past 5 years.
In the past 5 years WT always reported a positive cash flow from operatings.
1.2 Ratios
WT has a better Return On Assets (5.38%) than 72.27% of its industry peers.
WT has a better Return On Equity (12.89%) than 68.07% of its industry peers.
WT has a better Return On Invested Capital (13.90%) than 89.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WT is in line with the industry average of 7.64%.
The last Return On Invested Capital (13.90%) for WT is above the 3 year average (8.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 12.89% | ||
| ROIC | 13.9% |
ROA(3y)6.42%
ROA(5y)3.86%
ROE(3y)13.43%
ROE(5y)8.36%
ROIC(3y)8.34%
ROIC(5y)7.51%
1.3 Margins
With a Profit Margin value of 12.91%, WT perfoms like the industry average, outperforming 44.96% of the companies in the same industry.
WT's Profit Margin has declined in the last couple of years.
WT's Operating Margin of 32.97% is in line compared to the rest of the industry. WT outperforms 57.98% of its industry peers.
WT's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.97% | ||
| PM (TTM) | 12.91% | ||
| GM | N/A |
OM growth 3Y3.11%
OM growth 5Y9.47%
PM growth 3Y-7.14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for WT has been reduced compared to 1 year ago.
WT has less shares outstanding than it did 5 years ago.
WT has a worse debt/assets ratio than last year.
2.2 Solvency
WT has an Altman-Z score of 3.10. This indicates that WT is financially healthy and has little risk of bankruptcy at the moment.
WT's Altman-Z score of 3.10 is fine compared to the rest of the industry. WT outperforms 76.05% of its industry peers.
WT has a debt to FCF ratio of 4.29. This is a neutral value as WT would need 4.29 years to pay back of all of its debts.
WT has a Debt to FCF ratio of 4.29. This is in the better half of the industry: WT outperforms 74.79% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that WT is somewhat dependend on debt financing.
WT has a Debt to Equity ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 4.29 | ||
| Altman-Z | 3.1 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
WT has a Current Ratio of 1.44. This is a normal value and indicates that WT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.44, WT is in the better half of the industry, outperforming 64.29% of the companies in the same industry.
WT has a Quick Ratio of 1.44. This is a normal value and indicates that WT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of WT (1.44) is better than 64.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 40.82% over the past year.
WT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.42% yearly.
WT shows a decrease in Revenue. In the last year, the revenue decreased by -7.76%.
The Revenue has been growing by 9.92% on average over the past years. This is quite good.
EPS 1Y (TTM)40.82%
EPS 3Y18.35%
EPS 5Y23.42%
EPS Q2Q%12.5%
Revenue 1Y (TTM)-7.76%
Revenue growth 3Y12.02%
Revenue growth 5Y9.92%
Sales Q2Q%5.22%
3.2 Future
Based on estimates for the next years, WT will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.81% on average per year.
The Revenue is expected to grow by 10.21% on average over the next years. This is quite good.
EPS Next Y21.26%
EPS Next 2Y17.31%
EPS Next 3Y15.81%
EPS Next 5YN/A
Revenue Next Year10.12%
Revenue Next 2Y11.36%
Revenue Next 3Y10.21%
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
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 18.90, which indicates a rather expensive current valuation of WT.
WT's Price/Earnings ratio is in line with the industry average.
WT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.02, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 15.04 indicates a correct valuation of WT.
The rest of the industry has a similar Price/Forward Earnings ratio as WT.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.57, WT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 15.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WT indicates a rather cheap valuation: WT is cheaper than 82.35% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WT indicates a somewhat cheap valuation: WT is cheaper than 63.03% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.21 | ||
| EV/EBITDA | 14.02 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as WT's earnings are expected to grow with 15.81% in the coming years.
PEG (NY)0.89
PEG (5Y)0.81
EPS Next 2Y17.31%
EPS Next 3Y15.81%
5. Dividend
5.1 Amount
WT has a yearly dividend return of 0.90%, which is pretty low.
WT's Dividend Yield is slightly below the industry average, which is at 8.50.
With a Dividend Yield of 0.90, WT pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
5.2 History
The dividend of WT decreases each year by -0.63%.
WT has been paying a dividend for at least 10 years, so it has a reliable track record.
WT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-0.63%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
WT pays out 31.45% of its income as dividend. This is a sustainable payout ratio.
DP31.45%
EPS Next 2Y17.31%
EPS Next 3Y15.81%
13.04
-0.28 (-2.1%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.25%
Inst Owner ChangeN/A
Ins Owners9.15%
Ins Owner Change0.16%
Market Cap1.92B
Analysts82.67
Price Target14.68 (12.58%)
Short Float %21.11%
Short Ratio8.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.9% |
Yearly Dividend0.13
Dividend Growth(5Y)-0.63%
DP31.45%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.59%
Min EPS beat(2)-0.14%
Max EPS beat(2)1.31%
EPS beat(4)2
Avg EPS beat(4)-1.01%
Min EPS beat(4)-9.56%
Max EPS beat(4)4.33%
EPS beat(8)5
Avg EPS beat(8)2.09%
EPS beat(12)7
Avg EPS beat(12)3.67%
EPS beat(16)10
Avg EPS beat(16)4.32%
Revenue beat(2)0
Avg Revenue beat(2)-3.43%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)-0.18%
Revenue beat(8)1
Avg Revenue beat(8)-1.49%
Revenue beat(12)2
Avg Revenue beat(12)-1.48%
Revenue beat(16)2
Avg Revenue beat(16)-1.76%
PT rev (1m)1%
PT rev (3m)20.36%
EPS NQ rev (1m)-0.81%
EPS NQ rev (3m)13.89%
EPS NY rev (1m)0%
EPS NY rev (3m)5.95%
Revenue NQ rev (1m)0.02%
Revenue NQ rev (3m)7.63%
Revenue NY rev (1m)0.77%
Revenue NY rev (3m)4.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.9 | ||
| Fwd PE | 15.04 | ||
| P/S | 4.32 | ||
| P/FCF | 15.21 | ||
| P/OCF | 15.05 | ||
| P/B | 4.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.02 |
EPS(TTM)0.69
EY5.29%
EPS(NY)0.87
Fwd EY6.65%
FCF(TTM)0.86
FCFY6.58%
OCF(TTM)0.87
OCFY6.64%
SpS3.02
BVpS3.03
TBVpS-1.69
PEG (NY)0.89
PEG (5Y)0.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.38% | ||
| ROE | 12.89% | ||
| ROCE | 17.81% | ||
| ROIC | 13.9% | ||
| ROICexc | 21.52% | ||
| ROICexgc | N/A | ||
| OM | 32.97% | ||
| PM (TTM) | 12.91% | ||
| GM | N/A | ||
| FCFM | 28.38% |
ROA(3y)6.42%
ROA(5y)3.86%
ROE(3y)13.43%
ROE(5y)8.36%
ROIC(3y)8.34%
ROIC(5y)7.51%
ROICexc(3y)11.41%
ROICexc(5y)10.08%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10.68%
ROCE(5y)9.63%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y17.15%
ROICexc growth 5Y24%
OM growth 3Y3.11%
OM growth 5Y9.47%
PM growth 3Y-7.14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 4.29 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 32.4% | ||
| Cap/Sales | 0.29% | ||
| Interest Coverage | 9.76 | ||
| Cash Conversion | 84.62% | ||
| Profit Quality | 219.81% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 3.1 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)135.71%
Cap/Depr(5y)100%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.32%
Profit Quality(3y)144.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)40.82%
EPS 3Y18.35%
EPS 5Y23.42%
EPS Q2Q%12.5%
EPS Next Y21.26%
EPS Next 2Y17.31%
EPS Next 3Y15.81%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.76%
Revenue growth 3Y12.02%
Revenue growth 5Y9.92%
Sales Q2Q%5.22%
Revenue Next Year10.12%
Revenue Next 2Y11.36%
Revenue Next 3Y10.21%
Revenue Next 5YN/A
EBIT growth 1Y3.13%
EBIT growth 3Y15.5%
EBIT growth 5Y20.34%
EBIT Next Year19.37%
EBIT Next 3Y11.75%
EBIT Next 5YN/A
FCF growth 1Y89.71%
FCF growth 3Y13.95%
FCF growth 5Y14.06%
OCF growth 1Y91.39%
OCF growth 3Y14.64%
OCF growth 5Y14.56%