EVERCORE INC - A (EVR) Stock Fundamental Analysis
NYSE:EVR - New York Stock Exchange, Inc. - US29977A1051 - Common Stock - Currency: USD
Taking everything into account, EVR scores 7 out of 10 in our fundamental rating. EVR was compared to 225 industry peers in the Capital Markets industry. EVR has an excellent financial health rating, but there are some minor concerns on its profitability. EVR is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make EVR suitable for growth investing!
1. Profitability
1.1 Basic Checks
EVR had positive earnings in the past year.
In the past year EVR had a positive cash flow from operations.
EVR had positive earnings in each of the past 5 years.
EVR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of EVR (8.99%) is better than 84.93% of its industry peers.
With an excellent Return On Equity value of 20.59%, EVR belongs to the best of the industry, outperforming 87.21% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.55%, EVR belongs to the top of the industry, outperforming 89.04% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.99% | ||
| ROE | 20.59% | ||
| ROIC | 12.55% |
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
With a Profit Margin value of 11.43%, EVR perfoms like the industry average, outperforming 42.01% of the companies in the same industry.
In the last couple of years the Profit Margin of EVR has declined.
EVR's Operating Margin of 15.66% is on the low side compared to the rest of the industry. EVR is outperformed by 63.93% of its industry peers.
In the last couple of years the Operating Margin of EVR has declined.
Looking at the Gross Margin, with a value of 98.93%, EVR belongs to the top of the industry, outperforming 98.63% of the companies in the same industry.
EVR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.66% | ||
| PM (TTM) | 11.43% | ||
| GM | 98.93% |
OM growth 3Y-19.04%
OM growth 5Y-4.23%
PM growth 3Y-17.37%
PM growth 5Y-2.94%
GM growth 3Y-0.04%
GM growth 5Y0%
2. Health
2.1 Basic Checks
There is no outstanding debt for EVR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 5.29 indicates that EVR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.29, EVR belongs to the top of the industry, outperforming 86.76% of the companies in the same industry.
EVR has a debt to FCF ratio of 0.54. This is a very positive value and a sign of high solvency as it would only need 0.54 years to pay back of all of its debts.
EVR's Debt to FCF ratio of 0.54 is amongst the best of the industry. EVR outperforms 89.50% of its industry peers.
EVR has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
EVR has a Debt to Equity ratio of 0.22. This is in the better half of the industry: EVR outperforms 78.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 0.54 | ||
| Altman-Z | 5.29 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
EVR has a Current Ratio of 2.98. This indicates that EVR is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.98, EVR is doing good in the industry, outperforming 79.45% of the companies in the same industry.
EVR has a Quick Ratio of 2.98. This indicates that EVR is financially healthy and has no problem in meeting its short term obligations.
With a decent Quick ratio value of 2.98, EVR is doing good in the industry, outperforming 79.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.98 |
3. Growth
3.1 Past
EVR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 45.81%, which is quite impressive.
Measured over the past 5 years, EVR shows a small growth in Earnings Per Share. The EPS has been growing by 4.02% on average per year.
Looking at the last year, EVR shows a very strong growth in Revenue. The Revenue has grown by 22.67%.
The Revenue has been growing by 8.11% on average over the past years. This is quite good.
EPS 1Y (TTM)45.81%
EPS 3Y-18.85%
EPS 5Y4.02%
EPS Q2Q%68.81%
Revenue 1Y (TTM)22.67%
Revenue growth 3Y-3.24%
Revenue growth 5Y8.11%
Sales Q2Q%24.07%
3.2 Future
The Earnings Per Share is expected to grow by 33.66% on average over the next years. This is a very strong growth
Based on estimates for the next years, EVR will show a quite strong growth in Revenue. The Revenue will grow by 16.75% on average per year.
EPS Next Y50.77%
EPS Next 2Y44.44%
EPS Next 3Y33.66%
EPS Next 5YN/A
Revenue Next Year26.14%
Revenue Next 2Y21.46%
Revenue Next 3Y16.75%
Revenue Next 5YN/A
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.
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
Based on the Price/Earnings ratio of 25.75, the valuation of EVR can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of EVR indicates a slightly more expensive valuation: EVR is more expensive than 65.30% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.98. EVR is around the same levels.
EVR is valuated rather expensively with a Price/Forward Earnings ratio of 17.08.
The rest of the industry has a similar Price/Forward Earnings ratio as EVR.
When comparing the Price/Forward Earnings ratio of EVR to the average of the S&P500 Index (22.66), we can say EVR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.75 | ||
| Fwd PE | 17.08 |
4.2 Price Multiples
EVR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. EVR is cheaper than 79.00% of the companies in the same industry.
64.84% of the companies in the same industry are more expensive than EVR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.17 | ||
| EV/EBITDA | 14.88 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of EVR may justify a higher PE ratio.
EVR's earnings are expected to grow with 33.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)6.4
EPS Next 2Y44.44%
EPS Next 3Y33.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.34%, EVR has a reasonable but not impressive dividend return.
In the last 3 months the price of EVR has falen by -21.47%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 8.75, EVR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.30, EVR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
5.2 History
The dividend of EVR is nicely growing with an annual growth rate of 11.36%!
EVR has paid a dividend for at least 10 years, which is a reliable track record.
EVR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.36%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
EVR pays out 41.73% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of EVR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP41.73%
EPS Next 2Y44.44%
EPS Next 3Y33.66%
241.8
+3.01 (+1.26%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90.02%
Inst Owner Change2.04%
Ins Owners6.57%
Ins Owner Change-6.94%
Market Cap9.21B
Analysts73.85
Price Target335.43 (38.72%)
Short Float %2.66%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.34% |
Yearly Dividend3.36
Dividend Growth(5Y)11.36%
DP41.73%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.61%
Min EPS beat(2)3.1%
Max EPS beat(2)10.12%
EPS beat(4)4
Avg EPS beat(4)8.42%
Min EPS beat(4)0.82%
Max EPS beat(4)19.66%
EPS beat(8)7
Avg EPS beat(8)6.43%
EPS beat(12)11
Avg EPS beat(12)20.93%
EPS beat(16)15
Avg EPS beat(16)30.27%
Revenue beat(2)2
Avg Revenue beat(2)7.57%
Min Revenue beat(2)2.65%
Max Revenue beat(2)12.5%
Revenue beat(4)3
Avg Revenue beat(4)3.93%
Min Revenue beat(4)-8.62%
Max Revenue beat(4)12.5%
Revenue beat(8)5
Avg Revenue beat(8)4.57%
Revenue beat(12)9
Avg Revenue beat(12)10.25%
Revenue beat(16)13
Avg Revenue beat(16)15.01%
PT rev (1m)3.51%
PT rev (3m)13.29%
EPS NQ rev (1m)-1.77%
EPS NQ rev (3m)-5.77%
EPS NY rev (1m)-0.1%
EPS NY rev (3m)-0.21%
Revenue NQ rev (1m)-1.23%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)2.07%
Revenue NY rev (3m)2.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.75 | ||
| Fwd PE | 17.08 | ||
| P/S | 3.28 | ||
| P/FCF | 13.17 | ||
| P/OCF | 12.83 | ||
| P/B | 5.91 | ||
| P/tB | 6.44 | ||
| EV/EBITDA | 14.88 |
EPS(TTM)9.39
EY3.88%
EPS(NY)14.16
Fwd EY5.86%
FCF(TTM)18.36
FCFY7.59%
OCF(TTM)18.84
OCFY7.79%
SpS73.68
BVpS40.89
TBVpS37.54
PEG (NY)0.51
PEG (5Y)6.4
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.99% | ||
| ROE | 20.59% | ||
| ROCE | 16.06% | ||
| ROIC | 12.55% | ||
| ROICexc | 37.51% | ||
| ROICexgc | 43.58% | ||
| OM | 15.66% | ||
| PM (TTM) | 11.43% | ||
| GM | 98.93% | ||
| FCFM | 24.92% |
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-19.04%
OM growth 5Y-4.23%
PM growth 3Y-17.37%
PM growth 5Y-2.94%
GM growth 3Y-0.04%
GM growth 5Y0%
F-Score9
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 0.54 | ||
| Debt/EBITDA | 0.78 | ||
| Cap/Depr | -428.82% | ||
| Cap/Sales | 0.65% | ||
| Interest Coverage | 27.16 | ||
| Cash Conversion | 164.88% | ||
| Profit Quality | 218.08% | ||
| Current Ratio | 2.98 | ||
| Quick Ratio | 2.98 | ||
| Altman-Z | 5.29 |
F-Score9
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)45.81%
EPS 3Y-18.85%
EPS 5Y4.02%
EPS Q2Q%68.81%
EPS Next Y50.77%
EPS Next 2Y44.44%
EPS Next 3Y33.66%
EPS Next 5YN/A
Revenue 1Y (TTM)22.67%
Revenue growth 3Y-3.24%
Revenue growth 5Y8.11%
Sales Q2Q%24.07%
Revenue Next Year26.14%
Revenue Next 2Y21.46%
Revenue Next 3Y16.75%
Revenue Next 5YN/A
EBIT growth 1Y-3.87%
EBIT growth 3Y-21.66%
EBIT growth 5Y3.54%
EBIT Next Year63.5%
EBIT Next 3Y15.48%
EBIT Next 5YN/A
FCF growth 1Y77.51%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y72.23%
OCF growth 3YN/A
OCF growth 5YN/A