BANK OF NEW YORK MELLON CORP (BK)
US0640581007 - Common Stock
Taking everything into account, BK scores 3 out of 10 in our fundamental rating. BK was compared to 220 industry peers in the Capital Markets industry. BK has a bad profitability rating. Also its financial health evaluation is rather negative. BK is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year BK was profitable.
BK had a negative operating cash flow in the past year.
In the past 5 years BK has always been profitable.
In the past 5 years BK always reported a positive cash flow from operatings.
1.2 Ratios
BK has a Return On Assets of 0.79%. This is in the lower half of the industry: BK underperforms 71.43% of its industry peers.
The Return On Equity of BK (8.02%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 8.02% | ||
| ROIC | N/A |
ROA(3y)0.71%
ROA(5y)0.79%
ROE(3y)7.18%
ROE(5y)7.85%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 18.58%, BK is in line with its industry, outperforming 55.76% of the companies in the same industry.
BK's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for BK so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.58% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-6.92%
PM growth 5Y-6.83%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for BK has been reduced compared to 1 year ago.
Compared to 5 years ago, BK has less shares outstanding
BK has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 1.15 is on the high side and indicates that BK has dependencies on debt financing.
BK has a Debt to Equity ratio (1.15) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.46%, which is quite impressive.
BK shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.31% yearly.
Looking at the last year, BK shows a small growth in Revenue. The Revenue has grown by 5.97% in the last year.
The Revenue has been growing slightly by 1.32% on average over the past years.
EPS 1Y (TTM)31.46%
EPS 3Y7.14%
EPS 5Y3.31%
EPS Q2Q%24.59%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y3.45%
Revenue growth 5Y1.32%
Sales Q2Q%6.26%
3.2 Future
Based on estimates for the next years, BK will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.30% on average per year.
Based on estimates for the next years, BK will show a small growth in Revenue. The Revenue will grow by 3.41% on average per year.
EPS Next Y22.56%
EPS Next 2Y16.93%
EPS Next 3Y15.02%
EPS Next 5Y12.3%
Revenue Next Year5.08%
Revenue Next 2Y4.08%
Revenue Next 3Y3.85%
Revenue Next 5Y3.41%
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
The Price/Earnings ratio is 13.86, which indicates a correct valuation of BK.
Compared to the rest of the industry, the Price/Earnings ratio of BK is on the same level as its industry peers.
When comparing the Price/Earnings ratio of BK to the average of the S&P500 Index (27.73), we can say BK is valued rather cheaply.
A Price/Forward Earnings ratio of 11.54 indicates a reasonable valuation of BK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BK indicates a somewhat cheap valuation: BK is cheaper than 61.29% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.83. BK is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 11.54 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BK's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
BK's earnings are expected to grow with 15.02% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.61
PEG (5Y)4.18
EPS Next 2Y16.93%
EPS Next 3Y15.02%
5. Dividend
5.1 Amount
BK has a Yearly Dividend Yield of 2.36%. Purely for dividend investing, there may be better candidates out there.
BK's Dividend Yield is comparable with the industry average which is at 9.13.
BK's Dividend Yield is comparable with the S&P500 average which is at 2.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
The dividend of BK is nicely growing with an annual growth rate of 8.92%!
BK has been paying a dividend for at least 10 years, so it has a reliable track record.
BK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.92%
Div Incr Years14
Div Non Decr Years14
5.3 Sustainability
BK pays out 45.49% of its income as dividend. This is a bit on the high side, but may be sustainable.
BK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP45.49%
EPS Next 2Y16.93%
EPS Next 3Y15.02%
BANK OF NEW YORK MELLON CORP
NYSE:BK (12/20/2024, 8:04:00 PM)
After market: 77.62 0 (0%)77.62
+1.21 (+1.58%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners86.65%
Inst Owner Change0.04%
Ins Owners2.32%
Ins Owner Change0.67%
Market Cap56.44B
Analysts79.2
Price Target84.16 (8.43%)
Short Float %1.36%
Short Ratio2.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
Dividend Growth(5Y)8.92%
DP45.49%
Div Incr Years14
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.35%
Min EPS beat(2)2.55%
Max EPS beat(2)4.15%
EPS beat(4)4
Avg EPS beat(4)5.54%
Min EPS beat(4)2.55%
Max EPS beat(4)10.25%
EPS beat(8)6
Avg EPS beat(8)-0.27%
EPS beat(12)8
Avg EPS beat(12)-0.11%
EPS beat(16)12
Avg EPS beat(16)1.18%
Revenue beat(2)0
Avg Revenue beat(2)-0.99%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)-0.64%
Revenue beat(4)0
Avg Revenue beat(4)-1.39%
Min Revenue beat(4)-2.51%
Max Revenue beat(4)-0.64%
Revenue beat(8)0
Avg Revenue beat(8)-2.77%
Revenue beat(12)0
Avg Revenue beat(12)-2.52%
Revenue beat(16)0
Avg Revenue beat(16)-2.22%
PT rev (1m)1.68%
PT rev (3m)15.54%
EPS NQ rev (1m)0.33%
EPS NQ rev (3m)7.65%
EPS NY rev (1m)0.07%
EPS NY rev (3m)3.83%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)2.98%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.86 | ||
| Fwd PE | 11.54 | ||
| P/S | 3.11 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.34 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)5.6
EY7.21%
EPS(NY)6.73
Fwd EY8.67%
FCF(TTM)-5.85
FCFYN/A
OCF(TTM)-4.03
OCFYN/A
SpS24.94
BVpS57.75
TBVpS27.94
PEG (NY)0.61
PEG (5Y)4.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.79% | ||
| ROE | 8.02% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 18.58% | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)0.71%
ROA(5y)0.79%
ROE(3y)7.18%
ROE(5y)7.85%
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 3YN/A
OM growth 5YN/A
PM growth 3Y-6.92%
PM growth 5Y-6.83%
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 66.22% | ||
| Cap/Sales | 7.31% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)72.38%
Cap/Depr(5y)76.83%
Cap/Sales(3y)7.61%
Cap/Sales(5y)7.58%
Profit Quality(3y)260.15%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.46%
EPS 3Y7.14%
EPS 5Y3.31%
EPS Q2Q%24.59%
EPS Next Y22.56%
EPS Next 2Y16.93%
EPS Next 3Y15.02%
EPS Next 5Y12.3%
Revenue 1Y (TTM)5.97%
Revenue growth 3Y3.45%
Revenue growth 5Y1.32%
Sales Q2Q%6.26%
Revenue Next Year5.08%
Revenue Next 2Y4.08%
Revenue Next 3Y3.85%
Revenue Next 5Y3.41%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year0.22%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-130.6%
FCF growth 3Y7.13%
FCF growth 5Y-0.82%
OCF growth 1Y-119.19%
OCF growth 3Y5.48%
OCF growth 5Y-0.28%