BLACKROCK INC (BLK) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BLK - US09290D1019 - Common Stock
1064.99 USD
-0.01 (0%)
1064 USD
-0.99 (-0.09%)
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. While showing a medium growth rate, BLK is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year BLK was profitable.
BLK had a positive operating cash flow in the past year.
In the past 5 years BLK has always been profitable.
In the past 5 years BLK always reported a positive cash flow from operatings.
1.2 Ratios
BLK has a better Return On Assets (3.75%) than 61.18% of its industry peers.
BLK has a better Return On Equity (10.98%) than 63.29% of its industry peers.
BLK has a Return On Invested Capital of 3.86%. This is comparable to the rest of the industry: BLK outperforms 54.85% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BLK is below the industry average of 7.00%.
| 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 67.93% of its industry peers.
BLK's Profit Margin has been stable in the last couple of years.
BLK has a Operating Margin of 33.34%. This is in the better half of the industry: BLK outperforms 64.14% of its industry peers.
BLK's Operating Margin has been stable in the last couple of years.
BLK's Gross Margin of 81.52% is amongst the best of the industry. BLK outperforms 86.08% 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
The number of shares outstanding for BLK has been increased compared to 1 year ago.
The number of shares outstanding for BLK has been increased compared to 5 years ago.
BLK has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that BLK is in the distress zone and has some risk of bankruptcy.
BLK's Altman-Z score of 1.60 is fine compared to the rest of the industry. BLK outperforms 64.56% of its industry peers.
BLK has a debt to FCF ratio of 3.25. This is a good value and a sign of high solvency as BLK would need 3.25 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.25, BLK is doing good in the industry, outperforming 76.79% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that BLK is not too dependend on debt financing.
BLK has a better Debt to Equity ratio (0.23) than 73.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 3.25 | ||
| Altman-Z | 1.6 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
BLK has a Current Ratio of 2.20. This indicates that BLK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of BLK (2.20) is better than 73.84% of its industry peers.
A Quick Ratio of 2.20 indicates that BLK has no problem at all paying its short term obligations.
The Quick ratio of BLK (2.20) is better than 74.26% of its industry peers.
| 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.
The Revenue has grown by 18.20% in the past year. This is quite good.
Measured over the past years, BLK shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
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.
BLK is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.60% yearly.
EPS Next Y10.8%
EPS Next 2Y12.14%
EPS Next 3Y12.75%
EPS Next 5Y11.26%
Revenue Next Year17.94%
Revenue Next 2Y17.25%
Revenue Next 3Y15.13%
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 22.74, BLK is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of BLK indicates a slightly more expensive valuation: BLK is more expensive than 61.60% of the companies listed in the same industry.
BLK's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.26.
BLK is valuated rather expensively with a Price/Forward Earnings ratio of 19.44.
BLK's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.68. BLK is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.74 | ||
| Fwd PE | 19.44 |
4.2 Price Multiples
BLK's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BLK is cheaper than 72.57% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BLK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.01 | ||
| EV/EBITDA | 19.57 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
BLK has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as BLK's earnings are expected to grow with 12.75% in the coming years.
PEG (NY)2.11
PEG (5Y)2.57
EPS Next 2Y12.14%
EPS Next 3Y12.75%
5. Dividend
5.1 Amount
BLK has a Yearly Dividend Yield of 1.89%.
BLK's Dividend Yield is comparable with the industry average which is at 6.13.
Compared to an average S&P500 Dividend Yield of 1.87, BLK has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
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
53.94% of the earnings are spent on dividend by BLK. This is a bit on the high side, but may be sustainable.
BLK's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP53.94%
EPS Next 2Y12.14%
EPS Next 3Y12.75%
1064.99
-0.01 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners83.34%
Inst Owner Change-78.58%
Ins Owners1.94%
Ins Owner Change-2.15%
Market Cap165.23B
Revenue(TTM)22.89B
Net Income(TTM)6.10B
Analysts80.87
Price Target1313.27 (23.31%)
Short Float %1.2%
Short Ratio2.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
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)0.16%
Min Revenue beat(2)-1.61%
Max Revenue beat(2)1.94%
Revenue beat(4)2
Avg Revenue beat(4)-0.18%
Min Revenue beat(4)-2.22%
Max Revenue beat(4)1.94%
Revenue beat(8)4
Avg Revenue beat(8)-0.08%
Revenue beat(12)5
Avg Revenue beat(12)-0.29%
Revenue beat(16)6
Avg Revenue beat(16)-0.61%
PT rev (1m)-0.58%
PT rev (3m)11%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)0.04%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.52%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)4.98%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.74 | ||
| Fwd PE | 19.44 | ||
| P/S | 7.22 | ||
| P/FCF | 42.01 | ||
| P/OCF | 38.71 | ||
| P/B | 2.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.57 |
EPS(TTM)46.83
EY4.4%
EPS(NY)54.77
Fwd EY5.14%
FCF(TTM)25.35
FCFY2.38%
OCF(TTM)27.51
OCFY2.58%
SpS147.5
BVpS357.84
TBVpS-51.56
PEG (NY)2.11
PEG (5Y)2.57
Graham Number614.04
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 Y10.8%
EPS Next 2Y12.14%
EPS Next 3Y12.75%
EPS Next 5Y11.26%
Revenue 1Y (TTM)18.2%
Revenue growth 3Y1.75%
Revenue growth 5Y7.02%
Sales Q2Q%25.25%
Revenue Next Year17.94%
Revenue Next 2Y17.25%
Revenue Next 3Y15.13%
Revenue Next 5Y10.6%
EBIT growth 1Y5.27%
EBIT growth 3Y-0.04%
EBIT growth 5Y6.8%
EBIT Next Year26.09%
EBIT Next 3Y20.31%
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 22.74 and the Price/Book (PB) ratio is 2.98.
Can you provide the expected EPS growth for BLK stock?
The Earnings per Share (EPS) of BLACKROCK INC (BLK) is expected to grow by 10.8% in the next year.