BLACKROCK INC (BLK) Stock Fundamental Analysis
USA - NYSE:BLK - US09290D1019 - Common Stock
1023.8 USD
-34.14 (-3.23%)
1023.8 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to BLK. BLK was compared to 237 industry peers in the Capital Markets industry. BLK has only an average score on both its financial health and profitability. BLK is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BLK had positive earnings in the past year.
In the past year BLK had a positive cash flow from operations.
Each year in the past 5 years BLK has been profitable.
In the past 5 years BLK always reported a positive cash flow from operatings.
1.2 Ratios
BLK's Return On Assets of 3.75% is fine compared to the rest of the industry. BLK outperforms 60.34% of its industry peers.
BLK's Return On Equity of 10.98% is fine compared to the rest of the industry. BLK outperforms 63.71% of its industry peers.
BLK has a Return On Invested Capital (3.86%) which is in line with its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BLK is below the industry average of 7.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.75% | ||
| ROE | 10.98% | ||
| ROIC | 3.86% |
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
BLK has a better Profit Margin (26.64%) than 68.78% of its industry peers.
In the last couple of years the Profit Margin of BLK has remained more or less at the same level.
BLK's Operating Margin of 33.34% is fine compared to the rest of the industry. BLK outperforms 64.56% of its industry peers.
In the last couple of years the Operating Margin of BLK has remained more or less at the same level.
BLK has a Gross Margin of 81.52%. This is amongst the best in the industry. BLK outperforms 86.92% of its industry peers.
In the last couple of years the Gross Margin of BLK 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-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
Compared to 1 year ago, BLK has more shares outstanding
Compared to 5 years ago, BLK has more shares outstanding
Compared to 1 year ago, BLK has a worse debt to assets ratio.
2.2 Solvency
BLK has an Altman-Z score of 1.60. This is a bad value and indicates that BLK is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of BLK (1.60) is better than 65.40% of its industry peers.
The Debt to FCF ratio of BLK is 3.25, which is a good value as it means it would take BLK, 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, BLK is in the better half of the industry, outperforming 78.90% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that BLK is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.23, BLK is doing good in the industry, outperforming 73.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.25 | ||
| Altman-Z | 1.6 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.20 indicates that BLK has no problem at all paying its short term obligations.
The Current ratio of BLK (2.20) is better than 74.68% of its industry peers.
BLK has a Quick Ratio of 2.20. This indicates that BLK is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.20, BLK is doing good in the industry, outperforming 74.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.2 | ||
| Quick Ratio | 2.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.42% over the past year.
Measured over the past years, BLK shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.85% on average per year.
Looking at the last year, BLK shows a quite strong growth in Revenue. The Revenue has grown by 18.20% in the last year.
BLK shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.02% yearly.
EPS 1Y (TTM)13.42%
EPS 3Y3.6%
EPS 5Y8.85%
EPS Q2Q%0.79%
Revenue 1Y (TTM)18.2%
Revenue growth 3Y1.75%
Revenue growth 5Y7.02%
Sales Q2Q%25.25%
3.2 Future
Based on estimates for the next years, BLK will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.26% on average per year.
Based on estimates for the next years, BLK will show a quite strong growth in Revenue. The Revenue will grow by 10.60% on average per year.
EPS Next Y10.83%
EPS Next 2Y12.21%
EPS Next 3Y12.85%
EPS Next 5Y11.26%
Revenue Next Year17.91%
Revenue Next 2Y17.36%
Revenue Next 3Y15.17%
Revenue Next 5Y10.6%
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
With a Price/Earnings ratio of 21.86, BLK is valued on the expensive side.
Based on the Price/Earnings ratio, BLK is valued a bit more expensive than the industry average as 61.60% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of BLK to the average of the S&P500 Index (25.56), we can say BLK is valued inline with the index average.
A Price/Forward Earnings ratio of 18.67 indicates a rather expensive valuation of BLK.
BLK's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of BLK to the average of the S&P500 Index (34.62), we can say BLK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.86 | ||
| Fwd PE | 18.67 |
4.2 Price Multiples
72.15% of the companies in the same industry are more expensive than BLK, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as BLK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.37 | ||
| EV/EBITDA | 19.44 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of BLK may justify a higher PE ratio.
A more expensive valuation may be justified as BLK's earnings are expected to grow with 12.85% in the coming years.
PEG (NY)2.02
PEG (5Y)2.47
EPS Next 2Y12.21%
EPS Next 3Y12.85%
5. Dividend
5.1 Amount
BLK has a Yearly Dividend Yield of 1.95%.
Compared to an average industry Dividend Yield of 8.48, BLK has a dividend in line with its industry peers.
BLK's Dividend Yield is slightly below the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
5.2 History
The dividend of BLK is nicely growing with an annual growth rate of 8.75%!
BLK has paid a dividend for at least 10 years, which is a reliable track record.
BLK has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)8.75%
Div Incr Years15
Div Non Decr Years21
5.3 Sustainability
BLK pays out 53.94% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of BLK is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.94%
EPS Next 2Y12.21%
EPS Next 3Y12.85%
1023.8
-34.14 (-3.23%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners83.22%
Inst Owner Change-78.61%
Ins Owners1.95%
Ins Owner Change-4.68%
Market Cap158.79B
Revenue(TTM)22.89B
Net Income(TTM)6.10B
Analysts81.67
Price Target1320.98 (29.03%)
Short Float %0.84%
Short Ratio2.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
Yearly Dividend20.44
Dividend Growth(5Y)8.75%
DP53.94%
Div Incr Years15
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.99%
Min EPS beat(2)1.7%
Max EPS beat(2)10.27%
EPS beat(4)4
Avg EPS beat(4)6.97%
Min EPS beat(4)1.7%
Max EPS beat(4)10.33%
EPS beat(8)8
Avg EPS beat(8)6.64%
EPS beat(12)12
Avg EPS beat(12)8.56%
EPS beat(16)15
Avg EPS beat(16)8.62%
Revenue beat(2)1
Avg Revenue beat(2)0.91%
Min Revenue beat(2)-1.61%
Max Revenue beat(2)3.43%
Revenue beat(4)2
Avg Revenue beat(4)0.19%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)3.43%
Revenue beat(8)4
Avg Revenue beat(8)0.11%
Revenue beat(12)5
Avg Revenue beat(12)-0.16%
Revenue beat(16)6
Avg Revenue beat(16)-0.52%
PT rev (1m)11.65%
PT rev (3m)12.2%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-0.05%
EPS NY rev (1m)0.51%
EPS NY rev (3m)3.02%
Revenue NQ rev (1m)3.17%
Revenue NQ rev (3m)9.14%
Revenue NY rev (1m)1.85%
Revenue NY rev (3m)2.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.86 | ||
| Fwd PE | 18.67 | ||
| P/S | 6.94 | ||
| P/FCF | 40.37 | ||
| P/OCF | 37.21 | ||
| P/B | 2.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.44 |
EPS(TTM)46.83
EY4.57%
EPS(NY)54.84
Fwd EY5.36%
FCF(TTM)25.36
FCFY2.48%
OCF(TTM)27.52
OCFY2.69%
SpS147.55
BVpS357.96
TBVpS-51.57
PEG (NY)2.02
PEG (5Y)2.47
Graham Number614.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.75% | ||
| ROE | 10.98% | ||
| ROCE | 4.89% | ||
| ROIC | 3.86% | ||
| ROICexc | 4.12% | ||
| ROICexgc | 40.37% | ||
| OM | 33.34% | ||
| PM (TTM) | 26.64% | ||
| GM | 81.52% | ||
| FCFM | 17.19% |
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%
ROICexgc growth 3Y-11.17%
ROICexgc 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-Score5
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.25 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 35.01% | ||
| Cap/Sales | 1.46% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 49.71% | ||
| Profit Quality | 64.52% | ||
| Current Ratio | 2.2 | ||
| Quick Ratio | 2.2 | ||
| Altman-Z | 1.6 |
F-Score5
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)13.42%
EPS 3Y3.6%
EPS 5Y8.85%
EPS Q2Q%0.79%
EPS Next Y10.83%
EPS Next 2Y12.21%
EPS Next 3Y12.85%
EPS Next 5Y11.26%
Revenue 1Y (TTM)18.2%
Revenue growth 3Y1.75%
Revenue growth 5Y7.02%
Sales Q2Q%25.25%
Revenue Next Year17.91%
Revenue Next 2Y17.36%
Revenue Next 3Y15.17%
Revenue Next 5Y10.6%
EBIT growth 1Y5.27%
EBIT growth 3Y-0.04%
EBIT growth 5Y6.8%
EBIT Next Year27.15%
EBIT Next 3Y20.71%
EBIT Next 5Y13.01%
FCF growth 1Y3.88%
FCF growth 3Y0.7%
FCF growth 5Y12.32%
OCF growth 1Y3.09%
OCF growth 3Y0.08%
OCF growth 5Y11.44%
BLACKROCK INC / BLK FAQ
Can you provide the ChartMill fundamental rating for BLACKROCK INC?
ChartMill assigns a fundamental rating of 5 / 10 to BLK.
Can you provide the valuation status for BLACKROCK INC?
ChartMill assigns a valuation rating of 3 / 10 to BLACKROCK INC (BLK). This can be considered as Overvalued.
Can you provide the profitability details for BLACKROCK INC?
BLACKROCK INC (BLK) has a profitability rating of 6 / 10.
What are the PE and PB ratios of BLACKROCK INC (BLK) stock?
The Price/Earnings (PE) ratio for BLACKROCK INC (BLK) is 21.86 and the Price/Book (PB) ratio is 2.86.
Can you provide the expected EPS growth for BLK stock?
The Earnings per Share (EPS) of BLACKROCK INC (BLK) is expected to grow by 10.83% in the next year.