BLACKROCK INC (1BLK.MI) Stock Fundamental Analysis
BIT:1BLK - Euronext Milan - US09290D1019 - Common Stock - Currency: EUR
1BLK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 105 industry peers in the Capital Markets industry. Both the profitability and the financial health of 1BLK get a neutral evaluation. Nothing too spectacular is happening here. 1BLK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
1BLK had positive earnings in the past year.
1BLK had a positive operating cash flow in the past year.
1BLK had positive earnings in each of the past 5 years.
1BLK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
1BLK has a better Return On Assets (4.57%) than 61.76% of its industry peers.
The Return On Equity of 1BLK (14.75%) is better than 64.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.49%, 1BLK is in line with its industry, outperforming 58.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 14.75% | ||
| ROIC | 4.49% |
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
1BLK has a Profit Margin of 31.37%. This is in the better half of the industry: 1BLK outperforms 67.65% of its industry peers.
In the last couple of years the Profit Margin of 1BLK has remained more or less at the same level.
1BLK has a better Operating Margin (37.43%) than 67.65% of its industry peers.
In the last couple of years the Operating Margin of 1BLK has remained more or less at the same level.
With a decent Gross Margin value of 81.41%, 1BLK is doing good in the industry, outperforming 75.00% of the companies in the same industry.
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 | 37.43% | ||
| PM (TTM) | 31.37% | ||
| GM | 81.41% |
OM growth 3Y-1.97%
OM growth 5Y-0.33%
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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.80, we must say that 1BLK is in the distress zone and has some risk of bankruptcy.
1BLK has a Altman-Z score of 1.80. This is comparable to the rest of the industry: 1BLK outperforms 51.47% of its industry peers.
The Debt to FCF ratio of 1BLK is 3.06, which is a good value as it means it would take 1BLK, 3.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 1BLK (3.06) is better than 75.00% of its industry peers.
1BLK has a Debt/Equity ratio of 0.30. This is a healthy value indicating a solid balance between debt and equity.
1BLK's Debt to Equity ratio of 0.30 is fine compared to the rest of the industry. 1BLK outperforms 61.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.3 | ||
| Debt/FCF | 3.06 | ||
| Altman-Z | 1.8 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 3.45 indicates that 1BLK has no problem at all paying its short term obligations.
1BLK has a better Current ratio (3.45) than 79.41% of its industry peers.
1BLK has a Quick Ratio of 3.45. This indicates that 1BLK is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of 1BLK (3.45) is better than 79.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.45 | ||
| Quick Ratio | 3.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.30% over the past year.
1BLK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.98% yearly.
Looking at the last year, 1BLK shows a quite strong growth in Revenue. The Revenue has grown by 14.27% in the last year.
Measured over the past years, 1BLK shows a small growth in Revenue. The Revenue has been growing by 4.70% on average per year.
EPS 1Y (TTM)15.3%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%23.5%
Revenue 1Y (TTM)14.27%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%22.59%
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 13.28% yearly.
The Revenue is expected to grow by 6.01% on average over the next years.
EPS Next Y15.72%
EPS Next 2Y12.64%
EPS Next 3Y13.05%
EPS Next 5Y13.28%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y13.6%
Revenue Next 5Y6.01%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.41, the valuation of 1BLK can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as 1BLK.
Compared to an average S&P500 Price/Earnings ratio of 29.75, 1BLK is valued a bit cheaper.
A Price/Forward Earnings ratio of 20.36 indicates a rather expensive valuation of 1BLK.
1BLK's Price/Forward Earnings is on the same level as the industry average.
1BLK's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.41 | ||
| Fwd PE | 20.36 |
4.2 Price Multiples
70.59% of the companies in the same industry are more expensive than 1BLK, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as 1BLK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.36 | ||
| EV/EBITDA | 19.45 |
4.3 Compensation for Growth
1BLK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of 1BLK may justify a higher PE ratio.
1BLK's earnings are expected to grow with 13.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.43
PEG (5Y)3.21
EPS Next 2Y12.64%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
1BLK has a Yearly Dividend Yield of 2.21%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.40, 1BLK has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.30, 1BLK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
5.2 History
The dividend of 1BLK is nicely growing with an annual growth rate of 10.44%!
Dividend Growth(5Y)10.44%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
1BLK pays out 50.26% of its income as dividend. 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.
DP50.26%
EPS Next 2Y12.64%
EPS Next 3Y13.05%
BIT:1BLK (2/24/2025, 7:00:00 PM)
932.7
-10.7 (-1.13%)
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 Cap144.48B
Analysts80.91
Price Target1123.5 (20.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.21% |
Yearly Dividend19.53
Dividend Growth(5Y)10.44%
DP50.26%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.55%
Min EPS beat(2)3.28%
Max EPS beat(2)9.82%
EPS beat(4)4
Avg EPS beat(4)6.32%
Min EPS beat(4)3.28%
Max EPS beat(4)9.82%
EPS beat(8)8
Avg EPS beat(8)9.36%
EPS beat(12)11
Avg EPS beat(12)9.18%
EPS beat(16)15
Avg EPS beat(16)8.88%
Revenue beat(2)1
Avg Revenue beat(2)0.44%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)2.77%
Revenue beat(4)2
Avg Revenue beat(4)0.02%
Min Revenue beat(4)-1.88%
Max Revenue beat(4)2.77%
Revenue beat(8)3
Avg Revenue beat(8)-0.34%
Revenue beat(12)4
Avg Revenue beat(12)-0.75%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)0%
PT rev (3m)6.4%
EPS NQ rev (1m)-2.22%
EPS NQ rev (3m)-2.22%
EPS NY rev (1m)-0.11%
EPS NY rev (3m)-3.34%
Revenue NQ rev (1m)-2.05%
Revenue NQ rev (3m)-2.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.41 | ||
| Fwd PE | 20.36 | ||
| P/S | 7.81 | ||
| P/FCF | 37.36 | ||
| P/OCF | 34.87 | ||
| P/B | 3.67 | ||
| P/tB | 20.49 | ||
| EV/EBITDA | 19.45 |
EPS(TTM)41.62
EY4.46%
EPS(NY)45.81
Fwd EY4.91%
FCF(TTM)24.97
FCFY2.68%
OCF(TTM)26.75
OCFY2.87%
SpS119.44
BVpS254.02
TBVpS45.52
PEG (NY)1.43
PEG (5Y)3.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 14.75% | ||
| ROCE | 5.68% | ||
| ROIC | 4.49% | ||
| ROICexc | 5.04% | ||
| ROICexgc | 47.18% | ||
| OM | 37.43% | ||
| PM (TTM) | 31.37% | ||
| GM | 81.41% | ||
| FCFM | 20.9% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-1.97%
OM growth 5Y-0.33%
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 | 0.3 | ||
| Debt/FCF | 3.06 | ||
| Debt/EBITDA | 1.61 | ||
| Cap/Depr | 65.68% | ||
| Cap/Sales | 1.49% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 56.41% | ||
| Profit Quality | 66.63% | ||
| Current Ratio | 3.45 | ||
| Quick Ratio | 3.45 | ||
| Altman-Z | 1.8 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)15.3%
EPS 3Y3.73%
EPS 5Y6.98%
EPS Q2Q%23.5%
EPS Next Y15.72%
EPS Next 2Y12.64%
EPS Next 3Y13.05%
EPS Next 5Y13.28%
Revenue 1Y (TTM)14.27%
Revenue growth 3Y3.29%
Revenue growth 5Y4.7%
Sales Q2Q%22.59%
Revenue Next Year13.07%
Revenue Next 2Y14.59%
Revenue Next 3Y13.6%
Revenue Next 5Y6.01%
EBIT growth 1Y16.49%
EBIT growth 3Y-0.26%
EBIT growth 5Y6.66%
EBIT Next Year29.54%
EBIT Next 3Y4.25%
EBIT Next 5Y5.91%
FCF growth 1Y6.89%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.73%
OCF growth 3YN/A
OCF growth 5YN/A