MSCI INC (3HM.DE) Stock Fundamental Analysis
FRA:3HM - Deutsche Boerse Ag - US55354G1004 - Common Stock - Currency: EUR
Taking everything into account, 3HM scores 5 out of 10 in our fundamental rating. 3HM was compared to 102 industry peers in the Capital Markets industry. 3HM scores excellent on profitability, but there are some minor concerns on its financial health. 3HM is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year 3HM was profitable.
3HM had a positive operating cash flow in the past year.
Each year in the past 5 years 3HM has been profitable.
In the past 5 years 3HM always reported a positive cash flow from operatings.
1.2 Ratios
3HM's Return On Assets of 20.37% is amongst the best of the industry. 3HM outperforms 100.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 32.81%, 3HM belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for 3HM is significantly above the industry average of 8.29%.
The 3 year average ROIC (29.39%) for 3HM is below the current ROIC(32.81%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.37% | ||
| ROE | N/A | ||
| ROIC | 32.81% |
ROA(3y)19.53%
ROA(5y)17.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)29.39%
ROIC(5y)26.42%
1.3 Margins
Looking at the Profit Margin, with a value of 38.83%, 3HM belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
In the last couple of years the Profit Margin of 3HM has remained more or less at the same level.
3HM has a Operating Margin of 53.52%. This is amongst the best in the industry. 3HM outperforms 93.33% of its industry peers.
3HM's Operating Margin has improved in the last couple of years.
3HM has a Gross Margin of 81.99%. This is amongst the best in the industry. 3HM outperforms 84.76% of its industry peers.
In the last couple of years the Gross Margin of 3HM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 53.52% | ||
| PM (TTM) | 38.83% | ||
| GM | 81.99% |
OM growth 3Y0.65%
OM growth 5Y1.98%
PM growth 3Y3.01%
PM growth 5Y1.43%
GM growth 3Y-0.19%
GM growth 5Y0.23%
2. Health
2.1 Basic Checks
Compared to 1 year ago, 3HM has less shares outstanding
The number of shares outstanding for 3HM has been reduced compared to 5 years ago.
The debt/assets ratio for 3HM is higher compared to a year ago.
2.2 Solvency
3HM has an Altman-Z score of 6.69. This indicates that 3HM is financially healthy and has little risk of bankruptcy at the moment.
3HM has a better Altman-Z score (6.69) than 95.24% of its industry peers.
3HM has a debt to FCF ratio of 3.25. This is a good value and a sign of high solvency as 3HM would need 3.25 years to pay back of all of its debts.
3HM has a better Debt to FCF ratio (3.25) than 81.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.25 | ||
| Altman-Z | 6.69 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
3HM has a Current Ratio of 0.85. This is a bad value and indicates that 3HM is not financially healthy enough and could expect problems in meeting its short term obligations.
3HM has a Current ratio (0.85) which is comparable to the rest of the industry.
3HM has a Quick Ratio of 0.85. This is a bad value and indicates that 3HM is not financially healthy enough and could expect problems in meeting its short term obligations.
3HM has a Quick ratio (0.85) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 |
3. Growth
3.1 Past
3HM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.34%, which is quite good.
3HM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.74% yearly.
3HM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.94%.
3HM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.89% yearly.
EPS 1Y (TTM)12.34%
EPS 3Y15.17%
EPS 5Y18.74%
EPS Q2Q%13.59%
Revenue 1Y (TTM)12.94%
Revenue growth 3Y11.81%
Revenue growth 5Y12.89%
Sales Q2Q%7.74%
3.2 Future
3HM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.07% yearly.
The Revenue is expected to grow by 7.03% on average over the next years.
EPS Next Y13.64%
EPS Next 2Y13.35%
EPS Next 3Y12.86%
EPS Next 5Y13.07%
Revenue Next Year8.54%
Revenue Next 2Y8.75%
Revenue Next 3Y8.72%
Revenue Next 5Y7.03%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 36.63, which means the current valuation is very expensive for 3HM.
Compared to the rest of the industry, the Price/Earnings ratio of 3HM is on the same level as its industry peers.
3HM's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 29.35.
The Price/Forward Earnings ratio is 32.23, which means the current valuation is very expensive for 3HM.
3HM's Price/Forward Earnings ratio is in line with the industry average.
3HM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.63 | ||
| Fwd PE | 32.23 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 3HM indicates a somewhat cheap valuation: 3HM is cheaper than 70.48% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 3HM indicates a somewhat cheap valuation: 3HM is cheaper than 73.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.18 | ||
| EV/EBITDA | 27.69 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 3HM does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of 3HM may justify a higher PE ratio.
A more expensive valuation may be justified as 3HM's earnings are expected to grow with 12.86% in the coming years.
PEG (NY)2.69
PEG (5Y)1.95
EPS Next 2Y13.35%
EPS Next 3Y12.86%
5. Dividend
5.1 Amount
3HM has a Yearly Dividend Yield of 1.27%.
Compared to an average industry Dividend Yield of 6.34, 3HM has a dividend in line with its industry peers.
With a Dividend Yield of 1.27, 3HM pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
5.2 History
The dividend of 3HM is nicely growing with an annual growth rate of 19.74%!
Dividend Growth(5Y)19.74%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
3HM pays out 45.90% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of 3HM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP45.9%
EPS Next 2Y13.35%
EPS Next 3Y12.86%
FRA:3HM (3/7/2025, 7:00:00 PM)
512.8
-13.8 (-2.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners93.37%
Inst Owner ChangeN/A
Ins Owners2.87%
Ins Owner ChangeN/A
Market Cap39.82B
Analysts77.5
Price Target645.58 (25.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.27% |
Yearly Dividend5.98
Dividend Growth(5Y)19.74%
DP45.9%
Div Incr Years3
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.04%
Min EPS beat(2)0.37%
Max EPS beat(2)3.71%
EPS beat(4)4
Avg EPS beat(4)1.19%
Min EPS beat(4)0.1%
Max EPS beat(4)3.71%
EPS beat(8)8
Avg EPS beat(8)2.75%
EPS beat(12)12
Avg EPS beat(12)2.68%
EPS beat(16)15
Avg EPS beat(16)2.81%
Revenue beat(2)0
Avg Revenue beat(2)-1.43%
Min Revenue beat(2)-2.13%
Max Revenue beat(2)-0.72%
Revenue beat(4)0
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-2.56%
Max Revenue beat(4)-0.34%
Revenue beat(8)2
Avg Revenue beat(8)-0.86%
Revenue beat(12)2
Avg Revenue beat(12)-1.23%
Revenue beat(16)3
Avg Revenue beat(16)-0.95%
PT rev (1m)-0.31%
PT rev (3m)3.29%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.64%
EPS NY rev (1m)-0.42%
EPS NY rev (3m)-0.61%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.1%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.63 | ||
| Fwd PE | 32.23 | ||
| P/S | 15.14 | ||
| P/FCF | 31.18 | ||
| P/OCF | 28.79 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 27.69 |
EPS(TTM)14
EY2.73%
EPS(NY)15.91
Fwd EY3.1%
FCF(TTM)16.45
FCFY3.21%
OCF(TTM)17.81
OCFY3.47%
SpS33.88
BVpS-11.15
TBVpS-56.49
PEG (NY)2.69
PEG (5Y)1.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 20.37% | ||
| ROE | N/A | ||
| ROCE | 39.6% | ||
| ROIC | 32.81% | ||
| ROICexc | 36.66% | ||
| ROICexgc | N/A | ||
| OM | 53.52% | ||
| PM (TTM) | 38.83% | ||
| GM | 81.99% | ||
| FCFM | 48.55% |
ROA(3y)19.53%
ROA(5y)17.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)29.39%
ROIC(5y)26.42%
ROICexc(3y)35.12%
ROICexc(5y)35.16%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)35.48%
ROCE(5y)31.9%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y5.35%
ROICexc growth 5Y1.03%
OM growth 3Y0.65%
OM growth 5Y1.98%
PM growth 3Y3.01%
PM growth 5Y1.43%
GM growth 3Y-0.19%
GM growth 5Y0.23%
F-Score5
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 3.25 | ||
| Debt/EBITDA | 2.64 | ||
| Cap/Depr | 63.6% | ||
| Cap/Sales | 4.03% | ||
| Interest Coverage | 8.49 | ||
| Cash Conversion | 87.84% | ||
| Profit Quality | 125.01% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.85 | ||
| Altman-Z | 6.69 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)64.15%
Cap/Depr(5y)61.29%
Cap/Sales(3y)3.62%
Cap/Sales(5y)3.37%
Profit Quality(3y)114.05%
Profit Quality(5y)117.82%
High Growth Momentum
Growth
EPS 1Y (TTM)12.34%
EPS 3Y15.17%
EPS 5Y18.74%
EPS Q2Q%13.59%
EPS Next Y13.64%
EPS Next 2Y13.35%
EPS Next 3Y12.86%
EPS Next 5Y13.07%
Revenue 1Y (TTM)12.94%
Revenue growth 3Y11.81%
Revenue growth 5Y12.89%
Sales Q2Q%7.74%
Revenue Next Year8.54%
Revenue Next 2Y8.75%
Revenue Next 3Y8.72%
Revenue Next 5Y7.03%
EBIT growth 1Y10.39%
EBIT growth 3Y12.53%
EBIT growth 5Y15.13%
EBIT Next Year20.68%
EBIT Next 3Y13.48%
EBIT Next 5Y12.79%
FCF growth 1Y21.07%
FCF growth 3Y16.55%
FCF growth 5Y16.16%
OCF growth 1Y21.49%
OCF growth 3Y17.06%
OCF growth 5Y16.18%