BLUE OWL CAPITAL INC (OWL) Stock Fundamental Analysis
NYSE:OWL - New York Stock Exchange, Inc. - US09581B1035 - Common Stock - Currency: USD
Overall OWL gets a fundamental rating of 4 out of 10. We evaluated OWL against 227 industry peers in the Capital Markets industry. OWL has a bad profitability rating. Also its financial health evaluation is rather negative. OWL is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
OWL had positive earnings in the past year.
In the past year OWL had a positive cash flow from operations.
In multiple years OWL reported negative net income over the last 5 years.
In the past 5 years OWL always reported a positive cash flow from operatings.
1.2 Ratios
OWL has a worse Return On Assets (1.00%) than 69.30% of its industry peers.
OWL's Return On Equity of 5.15% is on the low side compared to the rest of the industry. OWL is outperformed by 61.84% of its industry peers.
With a decent Return On Invested Capital value of 6.10%, OWL is doing good in the industry, outperforming 74.12% of the companies in the same industry.
OWL had an Average Return On Invested Capital over the past 3 years of 3.29%. This is below the industry average of 7.09%.
The last Return On Invested Capital (6.10%) for OWL is above the 3 year average (3.29%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 5.15% | ||
| ROIC | 6.1% |
ROA(3y)0.5%
ROA(5y)-13.4%
ROE(3y)2.71%
ROE(5y)N/A
ROIC(3y)3.29%
ROIC(5y)N/A
1.3 Margins
OWL's Profit Margin of 4.77% is on the low side compared to the rest of the industry. OWL is outperformed by 70.61% of its industry peers.
OWL's Profit Margin has declined in the last couple of years.
OWL has a Operating Margin (29.68%) which is comparable to the rest of the industry.
OWL's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.68% | ||
| PM (TTM) | 4.77% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5Y15.64%
PM growth 3YN/A
PM growth 5Y-16.9%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for OWL has been increased compared to 1 year ago.
Compared to 5 years ago, OWL has more shares outstanding
The debt/assets ratio for OWL is higher compared to a year ago.
2.2 Solvency
OWL has an Altman-Z score of 2.06. This is not the best score and indicates that OWL is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.06, OWL is in the better half of the industry, outperforming 71.93% of the companies in the same industry.
OWL has a debt to FCF ratio of 2.77. This is a good value and a sign of high solvency as OWL would need 2.77 years to pay back of all of its debts.
OWL has a better Debt to FCF ratio (2.77) than 81.14% of its industry peers.
OWL has a Debt/Equity ratio of 1.22. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.22, OWL perfoms like the industry average, outperforming 40.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 2.77 | ||
| Altman-Z | 2.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
OWL has a Current Ratio of 0.73. This is a bad value and indicates that OWL is not financially healthy enough and could expect problems in meeting its short term obligations.
OWL's Current ratio of 0.73 is on the low side compared to the rest of the industry. OWL is outperformed by 66.67% of its industry peers.
OWL has a Quick Ratio of 0.73. This is a bad value and indicates that OWL is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.73, OWL is not doing good in the industry: 66.23% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.46% over the past year.
Measured over the past years, OWL shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.74% on average per year.
Looking at the last year, OWL shows a very strong growth in Revenue. The Revenue has grown by 32.56%.
OWL shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 64.44% yearly.
EPS 1Y (TTM)18.46%
EPS 3YN/A
EPS 5Y26.74%
EPS Q2Q%16.67%
Revenue 1Y (TTM)32.56%
Revenue growth 3Y40.71%
Revenue growth 5Y64.44%
Sales Q2Q%27.8%
3.2 Future
The Earnings Per Share is expected to grow by 18.08% on average over the next years. This is quite good.
OWL is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.70% yearly.
EPS Next Y17.72%
EPS Next 2Y19.17%
EPS Next 3Y16.99%
EPS Next 5Y18.08%
Revenue Next Year26.92%
Revenue Next 2Y23.36%
Revenue Next 3Y19.92%
Revenue Next 5Y21.7%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.61, OWL is valued on the expensive side.
Based on the Price/Earnings ratio, OWL is valued a bit more expensive than the industry average as 62.72% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 28.29. OWL is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 19.21, which indicates a rather expensive current valuation of OWL.
The rest of the industry has a similar Price/Forward Earnings ratio as OWL.
The average S&P500 Price/Forward Earnings ratio is at 21.32. OWL is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.61 | ||
| Fwd PE | 19.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OWL is valued a bit cheaper than the industry average as 64.47% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OWL is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.7 | ||
| EV/EBITDA | 30.62 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
OWL's earnings are expected to grow with 16.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.28
PEG (5Y)0.85
EPS Next 2Y19.17%
EPS Next 3Y16.99%
5. Dividend
5.1 Amount
OWL has a Yearly Dividend Yield of 4.14%, which is a nice return.
The stock price of OWL dropped by -28.29% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 8.41, OWL has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, OWL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
5.2 History
OWL has been paying a dividend for over 5 years, so it has already some track record.
OWL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
OWL pays out 336.12% of its income as dividend. This is not a sustainable payout ratio.
DP336.12%
EPS Next 2Y19.17%
EPS Next 3Y16.99%
17.41
+0.31 (+1.81%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners100.87%
Inst Owner Change-0.15%
Ins Owners0.09%
Ins Owner Change0.04%
Market Cap26.84B
Analysts80
Price Target27.81 (59.74%)
Short Float %4.92%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.14% |
Yearly Dividend0.25
Dividend Growth(5Y)N/A
DP336.12%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.91%
Min EPS beat(2)-3.29%
Max EPS beat(2)-2.52%
EPS beat(4)1
Avg EPS beat(4)-1.47%
Min EPS beat(4)-3.29%
Max EPS beat(4)2.01%
EPS beat(8)3
Avg EPS beat(8)-0.74%
EPS beat(12)6
Avg EPS beat(12)0.96%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)0.72%
Min Revenue beat(2)0.21%
Max Revenue beat(2)1.22%
Revenue beat(4)4
Avg Revenue beat(4)1.82%
Min Revenue beat(4)0.21%
Max Revenue beat(4)4.08%
Revenue beat(8)8
Avg Revenue beat(8)3.77%
Revenue beat(12)11
Avg Revenue beat(12)3.68%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.21%
PT rev (3m)7.58%
EPS NQ rev (1m)-3.22%
EPS NQ rev (3m)-9.6%
EPS NY rev (1m)-1.99%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-3.36%
Revenue NY rev (1m)-1.27%
Revenue NY rev (3m)-2.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.61 | ||
| Fwd PE | 19.21 | ||
| P/S | 11.69 | ||
| P/FCF | 28.7 | ||
| P/OCF | 26.86 | ||
| P/B | 12.62 | ||
| P/tB | N/A | ||
| EV/EBITDA | 30.62 |
EPS(TTM)0.77
EY4.42%
EPS(NY)0.91
Fwd EY5.21%
FCF(TTM)0.61
FCFY3.48%
OCF(TTM)0.65
OCFY3.72%
SpS1.49
BVpS1.38
TBVpS-3.55
PEG (NY)1.28
PEG (5Y)0.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1% | ||
| ROE | 5.15% | ||
| ROCE | 6.8% | ||
| ROIC | 6.1% | ||
| ROICexc | 6.19% | ||
| ROICexgc | 32.86% | ||
| OM | 29.68% | ||
| PM (TTM) | 4.77% | ||
| GM | N/A | ||
| FCFM | 40.75% |
ROA(3y)0.5%
ROA(5y)-13.4%
ROE(3y)2.71%
ROE(5y)N/A
ROIC(3y)3.29%
ROIC(5y)N/A
ROICexc(3y)3.34%
ROICexc(5y)N/A
ROICexgc(3y)20.1%
ROICexgc(5y)N/A
ROCE(3y)3.68%
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 5Y15.64%
PM growth 3YN/A
PM growth 5Y-16.9%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.22 | ||
| Debt/FCF | 2.77 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 23.35% | ||
| Cap/Sales | 2.8% | ||
| Interest Coverage | 6.73 | ||
| Cash Conversion | 104.54% | ||
| Profit Quality | 853.56% | ||
| Current Ratio | 0.73 | ||
| Quick Ratio | 0.73 | ||
| Altman-Z | 2.06 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)23.49%
Cap/Depr(5y)35.02%
Cap/Sales(3y)3.83%
Cap/Sales(5y)2.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.46%
EPS 3YN/A
EPS 5Y26.74%
EPS Q2Q%16.67%
EPS Next Y17.72%
EPS Next 2Y19.17%
EPS Next 3Y16.99%
EPS Next 5Y18.08%
Revenue 1Y (TTM)32.56%
Revenue growth 3Y40.71%
Revenue growth 5Y64.44%
Sales Q2Q%27.8%
Revenue Next Year26.92%
Revenue Next 2Y23.36%
Revenue Next 3Y19.92%
Revenue Next 5Y21.7%
EBIT growth 1Y105.72%
EBIT growth 3YN/A
EBIT growth 5Y90.16%
EBIT Next Year26.34%
EBIT Next 3Y21.7%
EBIT Next 5YN/A
FCF growth 1Y6.14%
FCF growth 3Y50.13%
FCF growth 5Y85.23%
OCF growth 1Y5.31%
OCF growth 3Y52.52%
OCF growth 5Y86.67%