BLACKROCK INC (1BLK.MI) Stock Fundamental Analysis
BIT:1BLK - Euronext Milan - US09290D1019 - Common Stock - Currency: EUR
Taking everything into account, 1BLK scores 6 out of 10 in our fundamental rating. 1BLK was compared to 104 industry peers in the Capital Markets industry. While 1BLK has a great profitability rating, there are some minor concerns on its financial health. 1BLK has a decent growth rate and is not valued too expensively.
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.
In the past 5 years 1BLK always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of 1BLK (4.59%) is better than 75.00% of its industry peers.
1BLK has a better Return On Equity (13.41%) than 75.96% of its industry peers.
1BLK has a better Return On Invested Capital (4.60%) than 69.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for 1BLK is below the industry average of 8.35%.
The last Return On Invested Capital (4.60%) for 1BLK is above the 3 year average (4.47%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.59% | ||
| ROE | 13.41% | ||
| ROIC | 4.6% |
ROA(3y)4.49%
ROA(5y)4.02%
ROE(3y)13.7%
ROE(5y)14.15%
ROIC(3y)4.47%
ROIC(5y)4.1%
1.3 Margins
With a decent Profit Margin value of 31.21%, 1BLK is doing good in the industry, outperforming 79.81% of the companies in the same industry.
In the last couple of years the Profit Margin of 1BLK has remained more or less at the same level.
With an excellent Operating Margin value of 37.80%, 1BLK belongs to the best of the industry, outperforming 80.77% of the companies in the same industry.
1BLK's Operating Margin has been stable in the last couple of years.
1BLK has a better Gross Margin (81.50%) than 79.81% of its industry peers.
1BLK's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 37.8% | ||
| PM (TTM) | 31.21% | ||
| GM | 81.5% |
OM growth 3Y-1.76%
OM growth 5Y-0.2%
PM growth 3Y0.82%
PM growth 5Y0.27%
GM growth 3Y-0.15%
GM growth 5Y-0.04%
2. Health
2.1 Basic Checks
1BLK has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, 1BLK has more shares outstanding
Compared to 1 year ago, 1BLK has a worse debt to assets ratio.
2.2 Solvency
1BLK has an Altman-Z score of 1.67. This is a bad value and indicates that 1BLK is not financially healthy and even has some risk of bankruptcy.
1BLK's Altman-Z score of 1.67 is fine compared to the rest of the industry. 1BLK outperforms 64.42% of its industry peers.
The Debt to FCF ratio of 1BLK is 2.62, which is a good value as it means it would take 1BLK, 2.62 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.62, 1BLK belongs to the top of the industry, outperforming 85.58% of the companies in the same industry.
1BLK has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.26, 1BLK is doing good in the industry, outperforming 72.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.62 | ||
| Altman-Z | 1.67 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.66 indicates that 1BLK has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.66, 1BLK belongs to the top of the industry, outperforming 82.69% of the companies in the same industry.
A Quick Ratio of 2.66 indicates that 1BLK has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.66, 1BLK belongs to the best of the industry, outperforming 82.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.66 | ||
| Quick Ratio | 2.66 |
3. Growth
3.1 Past
1BLK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.59%, 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 6.98% on average per year.
The Revenue has grown by 14.23% in the past year. This is quite good.
1BLK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.70% yearly.
EPS 1Y (TTM)13.59%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%15.19%
Revenue 1Y (TTM)14.23%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%11.59%
3.2 Future
1BLK is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.11% yearly.
1BLK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.01% yearly.
EPS Next Y15.72%
EPS Next 2Y9.56%
EPS Next 3Y10.15%
EPS Next 5Y11.11%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y11.48%
Revenue Next 5Y6.01%
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
Based on the Price/Earnings ratio of 19.22, the valuation of 1BLK can be described as rather expensive.
1BLK's Price/Earnings ratio is a bit cheaper when compared to the industry. 1BLK is cheaper than 63.46% of the companies in the same industry.
1BLK's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.79.
1BLK is valuated rather expensively with a Price/Forward Earnings ratio of 19.09.
66.35% of the companies in the same industry are more expensive than 1BLK, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.38, 1BLK is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.22 | ||
| Fwd PE | 19.09 |
4.2 Price Multiples
1BLK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1BLK is cheaper than 75.00% of the companies in the same industry.
71.15% of the companies in the same industry are more expensive than 1BLK, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.55 | ||
| EV/EBITDA | 16.23 |
4.3 Compensation for Growth
1BLK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
1BLK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.22
PEG (5Y)2.75
EPS Next 2Y9.56%
EPS Next 3Y10.15%
5. Dividend
5.1 Amount
1BLK has a Yearly Dividend Yield of 2.27%.
The stock price of 1BLK dropped by -21.84% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
1BLK's Dividend Yield is comparable with the industry average which is at 6.58.
Compared to an average S&P500 Dividend Yield of 2.47, 1BLK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
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
48.69% of the earnings are spent on dividend by 1BLK. This is a bit on the high side, but may be sustainable.
1BLK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP48.69%
EPS Next 2Y9.56%
EPS Next 3Y10.15%
BIT:1BLK (4/22/2025, 7:00:00 PM)
762.3
-31.6 (-3.98%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners83.79%
Inst Owner ChangeN/A
Ins Owners0.82%
Ins Owner ChangeN/A
Market Cap118.17B
Analysts80.91
Price Target913.97 (19.9%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend18
Dividend Growth(5Y)8.75%
DP48.69%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.69%
Min EPS beat(2)5.57%
Max EPS beat(2)9.82%
EPS beat(4)4
Avg EPS beat(4)5.65%
Min EPS beat(4)3.28%
Max EPS beat(4)9.82%
EPS beat(8)8
Avg EPS beat(8)8.93%
EPS beat(12)11
Avg EPS beat(12)9.51%
EPS beat(16)15
Avg EPS beat(16)8.59%
Revenue beat(2)2
Avg Revenue beat(2)1.96%
Min Revenue beat(2)1.16%
Max Revenue beat(2)2.77%
Revenue beat(4)3
Avg Revenue beat(4)0.54%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)2.77%
Revenue beat(8)3
Avg Revenue beat(8)-0.28%
Revenue beat(12)5
Avg Revenue beat(12)-0.48%
Revenue beat(16)8
Avg Revenue beat(16)-0.06%
PT rev (1m)-17.99%
PT rev (3m)-16.49%
EPS NQ rev (1m)-7.47%
EPS NQ rev (3m)-8.43%
EPS NY rev (1m)-5.29%
EPS NY rev (3m)-8.33%
Revenue NQ rev (1m)-1.08%
Revenue NQ rev (3m)-2.7%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.22 | ||
| Fwd PE | 19.09 | ||
| P/S | 6.58 | ||
| P/FCF | 28.55 | ||
| P/OCF | 27.08 | ||
| P/B | 2.83 | ||
| P/tB | 167.13 | ||
| EV/EBITDA | 16.23 |
EPS(TTM)39.67
EY5.2%
EPS(NY)39.93
Fwd EY5.24%
FCF(TTM)26.7
FCFY3.5%
OCF(TTM)28.15
OCFY3.69%
SpS115.91
BVpS269.77
TBVpS4.56
PEG (NY)1.22
PEG (5Y)2.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.59% | ||
| ROE | 13.41% | ||
| ROCE | 5.83% | ||
| ROIC | 4.6% | ||
| ROICexc | 5.1% | ||
| ROICexgc | 59.08% | ||
| OM | 37.8% | ||
| PM (TTM) | 31.21% | ||
| GM | 81.5% | ||
| FCFM | 23.04% |
ROA(3y)4.49%
ROA(5y)4.02%
ROE(3y)13.7%
ROE(5y)14.15%
ROIC(3y)4.47%
ROIC(5y)4.1%
ROICexc(3y)4.85%
ROICexc(5y)4.42%
ROICexgc(3y)56.75%
ROICexgc(5y)64.45%
ROCE(3y)5.66%
ROCE(5y)5.2%
ROICexcg growth 3Y-11.17%
ROICexcg growth 5Y-3.93%
ROICexc growth 3Y4.66%
ROICexc growth 5Y13.2%
OM growth 3Y-1.76%
OM growth 5Y-0.2%
PM growth 3Y0.82%
PM growth 5Y0.27%
GM growth 3Y-0.15%
GM growth 5Y-0.04%
F-Score7
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.62 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 48.2% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | 26.69 | ||
| Cash Conversion | 60.12% | ||
| Profit Quality | 73.81% | ||
| Current Ratio | 2.66 | ||
| Quick Ratio | 2.66 | ||
| Altman-Z | 1.67 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)85.43%
Cap/Depr(5y)78.53%
Cap/Sales(3y)2.05%
Cap/Sales(5y)1.82%
Profit Quality(3y)76.23%
Profit Quality(5y)75.73%
High Growth Momentum
Growth
EPS 1Y (TTM)13.59%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%15.19%
EPS Next Y15.72%
EPS Next 2Y9.56%
EPS Next 3Y10.15%
EPS Next 5Y11.11%
Revenue 1Y (TTM)14.23%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%11.59%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y11.48%
Revenue Next 5Y6.01%
EBIT growth 1Y21.61%
EBIT growth 3Y-0.04%
EBIT growth 5Y6.8%
EBIT Next Year29.54%
EBIT Next 3Y4.25%
EBIT Next 5Y5.91%
FCF growth 1Y23.03%
FCF growth 3Y0.7%
FCF growth 5Y12.32%
OCF growth 1Y18.99%
OCF growth 3Y0.08%
OCF growth 5Y11.44%