WISDOMTREE INC (WT)
US97717P1049 - Common Stock
Overall WT gets a fundamental rating of 6 out of 10. We evaluated WT against 212 industry peers in the Capital Markets industry. WT has an excellent financial health rating, but there are some minor concerns on its profitability. WT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
WT had positive earnings in the past year.
WT had a positive operating cash flow in the past year.
In multiple years WT reported negative net income over the last 5 years.
WT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WT's Return On Assets of 10.07% is amongst the best of the industry. WT outperforms 86.19% of its industry peers.
WT has a Return On Equity of 17.55%. This is in the better half of the industry: WT outperforms 79.52% of its industry peers.
The Return On Invested Capital of WT (8.96%) is better than 81.90% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WT is below the industry average of 10.89%.
The 3 year average ROIC (7.62%) for WT is below the current ROIC(8.96%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.07% | ||
| ROE | 17.55% | ||
| ROIC | 8.96% |
ROA(3y)6.23%
ROA(5y)2.62%
ROE(3y)12.95%
ROE(5y)5.33%
ROIC(3y)7.62%
ROIC(5y)6.83%
1.3 Margins
With a decent Profit Margin value of 27.24%, WT is doing good in the industry, outperforming 64.76% of the companies in the same industry.
WT's Profit Margin has improved in the last couple of years.
WT has a Operating Margin (25.07%) which is in line with its industry peers.
In the last couple of years the Operating Margin of WT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.07% | ||
| PM (TTM) | 27.24% | ||
| GM | N/A |
OM growth 3Y4.12%
OM growth 5Y-1.12%
PM growth 3YN/A
PM growth 5Y15.32%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
WT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for WT has been reduced compared to 5 years ago.
The debt/assets ratio for WT has been reduced compared to a year ago.
2.2 Solvency
WT has an Altman-Z score of 3.14. This indicates that WT is financially healthy and has little risk of bankruptcy at the moment.
WT has a better Altman-Z score (3.14) than 76.67% of its industry peers.
WT has a debt to FCF ratio of 3.30. This is a good value and a sign of high solvency as WT would need 3.30 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.30, WT is doing good in the industry, outperforming 70.95% of the companies in the same industry.
A Debt/Equity ratio of 0.51 indicates that WT is somewhat dependend on debt financing.
The Debt to Equity ratio of WT (0.51) is better than 70.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 3.3 | ||
| Altman-Z | 3.14 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
WT has a Current Ratio of 2.23. This indicates that WT is financially healthy and has no problem in meeting its short term obligations.
WT has a better Current ratio (2.23) than 72.38% of its industry peers.
A Quick Ratio of 2.23 indicates that WT has no problem at all paying its short term obligations.
WT's Quick ratio of 2.23 is fine compared to the rest of the industry. WT outperforms 72.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.23 | ||
| Quick Ratio | 2.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.31% over the past year.
Measured over the past 5 years, WT shows a small growth in Earnings Per Share. The EPS has been growing by 0.55% on average per year.
Looking at the last year, WT shows a quite strong growth in Revenue. The Revenue has grown by 15.82% in the last year.
Measured over the past years, WT shows a small growth in Revenue. The Revenue has been growing by 4.95% on average per year.
EPS 1Y (TTM)42.31%
EPS 3Y13.96%
EPS 5Y0.55%
EPS growth Q2Q175%
Revenue 1Y (TTM)15.82%
Revenue growth 3Y11.78%
Revenue growth 5Y4.95%
Revenue growth Q2Q23.92%
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 17.99% on average per year.
Based on estimates for the next years, WT will show a quite strong growth in Revenue. The Revenue will grow by 10.18% on average per year.
EPS Next Y38.15%
EPS Next 2Y24.54%
EPS Next 3Y17.99%
EPS Next 5YN/A
Revenue Next Year12.9%
Revenue Next 2Y10.58%
Revenue Next 3Y10.18%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 25.43, WT can be considered very expensive at the moment.
Based on the Price/Earnings ratio, WT is valued a bit more expensive than the industry average as 69.05% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 28.91, WT is valued at the same level.
A Price/Forward Earnings ratio of 18.41 indicates a rather expensive valuation of WT.
WT's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. WT is more expensive than 60.95% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.51, WT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.43 | ||
| Fwd PE | 18.41 |
4.2 Price Multiples
69.05% of the companies in the same industry are more expensive than WT, based on the Enterprise Value to EBITDA ratio.
62.86% of the companies in the same industry are more expensive than WT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.14 | ||
| EV/EBITDA | 16.73 |
4.3 Compensation for Growth
WT's 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 17.99% in the coming years.
PEG (NY)0.67
PEG (5Y)46.28
EPS Next 2Y24.54%
EPS Next 3Y17.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.30%, WT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.02, WT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.34, WT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
5.2 History
The dividend of WT has a limited annual growth rate of 0.51%.
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)0.51%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
21.19% of the earnings are spent on dividend by WT. This is a low number and sustainable payout ratio.
WT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP21.19%
EPS Next 2Y24.54%
EPS Next 3Y17.99%
WISDOMTREE INC
NYSE:WT (5/16/2024, 1:00:11 PM)
9.41
-0.14 (-1.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.43B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.43 | ||
| Fwd PE | 18.41 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.67
PEG (5Y)46.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.07% | ||
| ROE | 17.55% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 25.07% | ||
| PM (TTM) | 27.24% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.37
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.23 | ||
| Quick Ratio | 2.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)42.31%
EPS 3Y13.96%
EPS 5Y
EPS growth Q2Q
EPS Next Y38.15%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)15.82%
Revenue growth 3Y11.78%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y