BLACKROCK INC (1BLK.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1BLK - US09290D1019 - Common Stock
961.4 EUR
+32.9 (+3.54%)
We assign a fundamental rating of 6 out of 10 to 1BLK. 1BLK was compared to 121 industry peers in the Capital Markets industry. 1BLK is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. 1BLK has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year 1BLK was profitable.
- 1BLK had a positive operating cash flow in the past year.
- Each year in the past 5 years 1BLK has been profitable.
- Of the past 5 years 1BLK 4 years had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 3.75%, 1BLK is doing good in the industry, outperforming 70.08% of the companies in the same industry.
- 1BLK has a Return On Equity of 10.98%. This is comparable to the rest of the industry: 1BLK outperforms 59.84% of its industry peers.
- 1BLK's Return On Invested Capital of 3.83% is fine compared to the rest of the industry. 1BLK outperforms 63.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.75% | ||
| ROE | 10.98% | ||
| ROIC | 3.83% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With a decent Profit Margin value of 26.64%, 1BLK is doing good in the industry, outperforming 69.29% of the companies in the same industry.
- 1BLK's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 33.34%, 1BLK is doing good in the industry, outperforming 74.02% of the companies in the same industry.
- 1BLK's Operating Margin has declined in the last couple of years.
- 1BLK has a Gross Margin of 81.52%. This is in the better half of the industry: 1BLK outperforms 77.95% of its industry peers.
- In the last couple of years the Gross Margin of 1BLK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.34% | ||
| PM (TTM) | 26.64% | ||
| GM | 81.52% |
OM growth 3Y-6.38%
OM growth 5Y-5.65%
PM growth 3Y-7.5%
PM growth 5Y-5.5%
GM growth 3Y0.26%
GM growth 5Y-0.13%
2. Health
2.1 Basic Checks
- There is no outstanding debt for 1BLK. 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
- 1BLK has an Altman-Z score of 1.62. This is a bad value and indicates that 1BLK is not financially healthy and even has some risk of bankruptcy.
- With a decent Altman-Z score value of 1.62, 1BLK is doing good in the industry, outperforming 66.93% of the companies in the same industry.
- The Debt to FCF ratio of 1BLK is 3.25, which is a good value as it means it would take 1BLK, 3.25 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 3.25, 1BLK belongs to the top of the industry, outperforming 81.89% of the companies in the same industry.
- 1BLK has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
- 1BLK has a Debt to Equity ratio of 0.23. This is in the better half of the industry: 1BLK outperforms 72.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.25 | ||
| Altman-Z | 1.62 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- 1BLK has a Current Ratio of 2.20. This indicates that 1BLK is financially healthy and has no problem in meeting its short term obligations.
- 1BLK has a better Current ratio (2.20) than 81.89% of its industry peers.
- 1BLK has a Quick Ratio of 2.20. This indicates that 1BLK is financially healthy and has no problem in meeting its short term obligations.
- 1BLK has a better Quick ratio (2.20) than 82.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 2.2 |
3. Growth
3.1 Past
- 1BLK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.33%, which is quite good.
- Measured over the past 5 years, 1BLK shows a small growth in Earnings Per Share. The EPS has been growing by 7.26% on average per year.
- The Revenue has grown by 18.67% in the past year. This is quite good.
- The Revenue has been growing by 8.37% on average over the past years. This is quite good.
EPS 1Y (TTM)10.33%
EPS 3Y10.77%
EPS 5Y7.26%
EPS Q2Q%10.31%
Revenue 1Y (TTM)18.67%
Revenue growth 3Y10.65%
Revenue growth 5Y8.37%
Sales Q2Q%23.45%
3.2 Future
- Based on estimates for the next years, 1BLK will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.24% on average per year.
- The Revenue is expected to grow by 8.65% on average over the next years. This is quite good.
EPS Next Y13.23%
EPS Next 2Y13.67%
EPS Next 3Y12.98%
EPS Next 5Y11.24%
Revenue Next Year16.76%
Revenue Next 2Y13.95%
Revenue Next 3Y9.4%
Revenue Next 5Y8.65%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 23.24, 1BLK is valued on the expensive side.
- 1BLK's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of 1BLK to the average of the S&P500 Index (27.21), we can say 1BLK is valued inline with the index average.
- 1BLK is valuated rather expensively with a Price/Forward Earnings ratio of 20.52.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of 1BLK indicates a somewhat cheap valuation: 1BLK is cheaper than 62.99% of the companies listed in the same industry.
- 1BLK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.24 | ||
| Fwd PE | 20.52 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, 1BLK is valued a bit cheaper than 74.02% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, 1BLK is valued a bit cheaper than the industry average as 62.99% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 44.06 | ||
| EV/EBITDA | 19.9 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- 1BLK's earnings are expected to grow with 12.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.76
PEG (5Y)3.2
EPS Next 2Y13.67%
EPS Next 3Y12.98%
5. Dividend
5.1 Amount
- 1BLK has a Yearly Dividend Yield of 1.98%. Purely for dividend investing, there may be better candidates out there.
- 1BLK's Dividend Yield is comparable with the industry average which is at 3.02.
- Compared to an average S&P500 Dividend Yield of 1.81, 1BLK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
5.2 History
- On average, the dividend of 1BLK grows each year by 8.75%, which is quite nice.
Dividend Growth(5Y)8.75%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 53.94% of the earnings are spent on dividend by 1BLK. This is a bit on the high side, but may be sustainable.
- The dividend of 1BLK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.94%
EPS Next 2Y13.67%
EPS Next 3Y12.98%
BLACKROCK INC / 1BLK.MI FAQ
Can you provide the ChartMill fundamental rating for BLACKROCK INC?
ChartMill assigns a fundamental rating of 6 / 10 to 1BLK.MI.
What is the valuation status of BLACKROCK INC (1BLK.MI) stock?
ChartMill assigns a valuation rating of 4 / 10 to BLACKROCK INC (1BLK.MI). This can be considered as Fairly Valued.
Can you provide the profitability details for BLACKROCK INC?
BLACKROCK INC (1BLK.MI) has a profitability rating of 6 / 10.
What is the earnings growth outlook for BLACKROCK INC?
The Earnings per Share (EPS) of BLACKROCK INC (1BLK.MI) is expected to grow by 13.23% in the next year.
Can you provide the dividend sustainability for 1BLK stock?
The dividend rating of BLACKROCK INC (1BLK.MI) is 5 / 10 and the dividend payout ratio is 53.94%.