INTERACTIVE BROKERS GRO-CL A (IBKR) Stock Fundamental Analysis
USA - NASDAQ:IBKR - US45841N1072 - Common Stock
70.54 USD
+0.68 (+0.97%)
70.6 USD
+0.06 (+0.09%)
Taking everything into account, IBKR scores 5 out of 10 in our fundamental rating. IBKR was compared to 237 industry peers in the Capital Markets industry. IBKR has a medium profitability rating, but doesn't score so well on its financial health evaluation. While showing a medium growth rate, IBKR is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
IBKR had positive earnings in the past year.
In the past year IBKR had a positive cash flow from operations.
In the past 5 years IBKR has always been profitable.
In the past 5 years IBKR always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of IBKR (0.46%) is worse than 72.15% of its industry peers.
The Return On Equity of IBKR (17.37%) is better than 83.97% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.06%, IBKR belongs to the top of the industry, outperforming 82.70% of the companies in the same industry.
IBKR had an Average Return On Invested Capital over the past 3 years of 8.63%. This is in line with the industry average of 7.63%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 17.37% | ||
| ROIC | 8.06% |
ROA(3y)0.43%
ROA(5y)0.36%
ROE(3y)15.91%
ROE(5y)14.12%
ROIC(3y)8.63%
ROIC(5y)7.49%
1.3 Margins
IBKR has a Profit Margin of 8.57%. This is in the lower half of the industry: IBKR underperforms 61.60% of its industry peers.
In the last couple of years the Profit Margin of IBKR has grown nicely.
IBKR has a better Operating Margin (42.00%) than 73.00% of its industry peers.
IBKR's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 53.08%, IBKR is doing good in the industry, outperforming 62.87% of the companies in the same industry.
IBKR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 42% | ||
| PM (TTM) | 8.57% | ||
| GM | 53.08% |
OM growth 3Y-13.47%
OM growth 5Y-2.17%
PM growth 3Y-8.42%
PM growth 5Y4.9%
GM growth 3Y-15.7%
GM growth 5Y-4.85%
2. Health
2.1 Basic Checks
The number of shares outstanding for IBKR has been increased compared to 1 year ago.
Compared to 5 years ago, IBKR has more shares outstanding
Compared to 1 year ago, IBKR has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.52, we must say that IBKR is in the distress zone and has some risk of bankruptcy.
IBKR has a Altman-Z score of 0.52. This is in the lower half of the industry: IBKR underperforms 63.71% of its industry peers.
The Debt to FCF ratio of IBKR is 1.41, which is an excellent value as it means it would take IBKR, only 1.41 years of fcf income to pay off all of its debts.
IBKR has a better Debt to FCF ratio (1.41) than 89.45% of its industry peers.
A Debt/Equity ratio of 4.40 is on the high side and indicates that IBKR has dependencies on debt financing.
IBKR has a Debt to Equity ratio of 4.40. This is amonst the worse of the industry: IBKR underperforms 85.23% of its industry peers.
Although IBKR does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 0.52 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.96 indicates that IBKR may have some problems paying its short term obligations.
IBKR has a Current ratio of 0.96. This is in the lower half of the industry: IBKR underperforms 61.60% of its industry peers.
IBKR has a Quick Ratio of 0.96. This is a bad value and indicates that IBKR is not financially healthy enough and could expect problems in meeting its short term obligations.
IBKR's Quick ratio of 0.96 is on the low side compared to the rest of the industry. IBKR is outperformed by 61.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 23.39% over the past year.
The Earnings Per Share has been growing by 28.12% on average over the past years. This is a very strong growth
Looking at the last year, IBKR shows a quite strong growth in Revenue. The Revenue has grown by 11.96% in the last year.
Measured over the past years, IBKR shows a very strong growth in Revenue. The Revenue has been growing by 29.85% on average per year.
EPS 1Y (TTM)23.39%
EPS 3Y28.17%
EPS 5Y28.12%
EPS Q2Q%30.29%
Revenue 1Y (TTM)11.96%
Revenue growth 3Y47.23%
Revenue growth 5Y29.85%
Sales Q2Q%21.33%
3.2 Future
IBKR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.78% yearly.
IBKR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.00% yearly.
EPS Next Y19.97%
EPS Next 2Y14.41%
EPS Next 3Y12.81%
EPS Next 5Y8.78%
Revenue Next Year18.24%
Revenue Next 2Y13.55%
Revenue Next 3Y11.36%
Revenue Next 5Y6%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.24, the valuation of IBKR can be described as expensive.
74.68% of the companies in the same industry are cheaper than IBKR, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.83. IBKR is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 30.02, which means the current valuation is very expensive for IBKR.
Based on the Price/Forward Earnings ratio, IBKR is valued a bit more expensive than the industry average as 70.04% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 32.68. IBKR is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.24 | ||
| Fwd PE | 30.02 |
4.2 Price Multiples
64.56% of the companies in the same industry are more expensive than IBKR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, IBKR is valued a bit cheaper than the industry average as 77.22% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.95 | ||
| EV/EBITDA | 27.35 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of IBKR may justify a higher PE ratio.
A more expensive valuation may be justified as IBKR's earnings are expected to grow with 12.81% in the coming years.
PEG (NY)1.71
PEG (5Y)1.22
EPS Next 2Y14.41%
EPS Next 3Y12.81%
5. Dividend
5.1 Amount
With a yearly dividend of 0.46%, IBKR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.39, IBKR is paying slightly less dividend.
With a Dividend Yield of 0.46, IBKR pays less dividend than the S&P500 average, which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
5.2 History
The dividend of IBKR is nicely growing with an annual growth rate of 15.84%!
IBKR has paid a dividend for at least 10 years, which is a reliable track record.
IBKR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)15.84%
Div Incr Years1
Div Non Decr Years11
5.3 Sustainability
13.84% of the earnings are spent on dividend by IBKR. This is a low number and sustainable payout ratio.
The dividend of IBKR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP13.84%
EPS Next 2Y14.41%
EPS Next 3Y12.81%
70.54
+0.68 (+0.97%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners88.92%
Inst Owner Change-0.03%
Ins Owners4.56%
Ins Owner Change-0.91%
Market Cap119.91B
Revenue(TTM)10.12B
Net Income(TTM)838.00M
Analysts82.22
Price Target77.8 (10.29%)
Short Float %2.32%
Short Ratio1.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.46% |
Yearly Dividend0.21
Dividend Growth(5Y)15.84%
DP13.84%
Div Incr Years1
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.03%
Min EPS beat(2)-4.15%
Max EPS beat(2)8.22%
EPS beat(4)2
Avg EPS beat(4)1.41%
Min EPS beat(4)-5.6%
Max EPS beat(4)8.22%
EPS beat(8)3
Avg EPS beat(8)0.05%
EPS beat(12)5
Avg EPS beat(12)0.47%
EPS beat(16)6
Avg EPS beat(16)-0.44%
Revenue beat(2)1
Avg Revenue beat(2)2.31%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)6.86%
Revenue beat(4)2
Avg Revenue beat(4)1.09%
Min Revenue beat(4)-2.35%
Max Revenue beat(4)6.86%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)6
Avg Revenue beat(12)13.06%
Revenue beat(16)7
Avg Revenue beat(16)8.22%
PT rev (1m)14.79%
PT rev (3m)21.5%
EPS NQ rev (1m)5.15%
EPS NQ rev (3m)7.3%
EPS NY rev (1m)4.43%
EPS NY rev (3m)13.85%
Revenue NQ rev (1m)3.34%
Revenue NQ rev (3m)4.18%
Revenue NY rev (1m)3.53%
Revenue NY rev (3m)4.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.24 | ||
| Fwd PE | 30.02 | ||
| P/S | 12.26 | ||
| P/FCF | 7.95 | ||
| P/OCF | 7.92 | ||
| P/B | 24.85 | ||
| P/tB | 24.85 | ||
| EV/EBITDA | 27.35 |
EPS(TTM)2.06
EY2.92%
EPS(NY)2.35
Fwd EY3.33%
FCF(TTM)8.88
FCFY12.58%
OCF(TTM)8.91
OCFY12.63%
SpS5.75
BVpS2.84
TBVpS2.84
PEG (NY)1.71
PEG (5Y)1.22
Graham Number11.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 17.37% | ||
| ROCE | 21.61% | ||
| ROIC | 8.06% | ||
| ROICexc | 9.13% | ||
| ROICexgc | 9.46% | ||
| OM | 42% | ||
| PM (TTM) | 8.57% | ||
| GM | 53.08% | ||
| FCFM | 154.26% |
ROA(3y)0.43%
ROA(5y)0.36%
ROE(3y)15.91%
ROE(5y)14.12%
ROIC(3y)8.63%
ROIC(5y)7.49%
ROICexc(3y)10.04%
ROICexc(5y)8.79%
ROICexgc(3y)10.44%
ROICexgc(5y)9.12%
ROCE(3y)20.13%
ROCE(5y)18.26%
ROICexgc growth 3Y11.37%
ROICexgc growth 5Y5.99%
ROICexc growth 3Y11.53%
ROICexc growth 5Y5.84%
OM growth 3Y-13.47%
OM growth 5Y-2.17%
PM growth 3Y-8.42%
PM growth 5Y4.9%
GM growth 3Y-15.7%
GM growth 5Y-4.85%
F-Score6
Asset Turnover0.05
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.4 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | 5.09 | ||
| Cap/Depr | 88.89% | ||
| Cap/Sales | 0.57% | ||
| Interest Coverage | 0.99 | ||
| Cash Conversion | 363.05% | ||
| Profit Quality | 1800.36% | ||
| Current Ratio | 0.96 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 0.52 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)89.16%
Cap/Depr(5y)108.11%
Cap/Sales(3y)0.95%
Cap/Sales(5y)1.5%
Profit Quality(3y)974.74%
Profit Quality(5y)1785.06%
High Growth Momentum
Growth
EPS 1Y (TTM)23.39%
EPS 3Y28.17%
EPS 5Y28.12%
EPS Q2Q%30.29%
EPS Next Y19.97%
EPS Next 2Y14.41%
EPS Next 3Y12.81%
EPS Next 5Y8.78%
Revenue 1Y (TTM)11.96%
Revenue growth 3Y47.23%
Revenue growth 5Y29.85%
Sales Q2Q%21.33%
Revenue Next Year18.24%
Revenue Next 2Y13.55%
Revenue Next 3Y11.36%
Revenue Next 5Y6%
EBIT growth 1Y20.75%
EBIT growth 3Y27.4%
EBIT growth 5Y27.03%
EBIT Next Year22.37%
EBIT Next 3Y12.09%
EBIT Next 5Y9.93%
FCF growth 1Y329.71%
FCF growth 3Y14.24%
FCF growth 5Y27.33%
OCF growth 1Y322.99%
OCF growth 3Y13.95%
OCF growth 5Y26.76%
INTERACTIVE BROKERS GRO-CL A / IBKR FAQ
Can you provide the ChartMill fundamental rating for INTERACTIVE BROKERS GRO-CL A?
ChartMill assigns a fundamental rating of 5 / 10 to IBKR.
What is the valuation status for IBKR stock?
ChartMill assigns a valuation rating of 3 / 10 to INTERACTIVE BROKERS GRO-CL A (IBKR). This can be considered as Overvalued.
How profitable is INTERACTIVE BROKERS GRO-CL A (IBKR) stock?
INTERACTIVE BROKERS GRO-CL A (IBKR) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for IBKR stock?
The Price/Earnings (PE) ratio for INTERACTIVE BROKERS GRO-CL A (IBKR) is 34.24 and the Price/Book (PB) ratio is 24.85.
Can you provide the dividend sustainability for IBKR stock?
The dividend rating of INTERACTIVE BROKERS GRO-CL A (IBKR) is 5 / 10 and the dividend payout ratio is 13.84%.