PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
NYSE:PIPR - New York Stock Exchange, Inc. - US7240781002 - Common Stock - Currency: USD
Taking everything into account, PIPR scores 6 out of 10 in our fundamental rating. PIPR was compared to 233 industry peers in the Capital Markets industry. While PIPR belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. PIPR is not overvalued while it is showing excellent growth. This is an interesting combination. This makes PIPR very considerable for growth investing!
1. Profitability
1.1 Basic Checks
PIPR had positive earnings in the past year.
In the past year PIPR had a positive cash flow from operations.
In the past 5 years PIPR has always been profitable.
Of the past 5 years PIPR 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.18%, PIPR belongs to the top of the industry, outperforming 90.99% of the companies in the same industry.
PIPR has a better Return On Equity (16.77%) than 81.97% of its industry peers.
PIPR has a better Return On Invested Capital (10.22%) than 84.98% of its industry peers.
PIPR had an Average Return On Invested Capital over the past 3 years of 8.57%. This is in line with the industry average of 7.84%.
The last Return On Invested Capital (10.22%) for PIPR is above the 3 year average (8.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 16.77% | ||
| ROIC | 10.22% |
ROA(3y)5.7%
ROA(5y)6%
ROE(3y)11.04%
ROE(5y)12.85%
ROIC(3y)8.57%
ROIC(5y)10.7%
1.3 Margins
PIPR has a Profit Margin (13.17%) which is in line with its industry peers.
In the last couple of years the Profit Margin of PIPR has remained more or less at the same level.
The Operating Margin of PIPR (12.81%) is worse than 68.67% of its industry peers.
PIPR's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 98.34%, PIPR belongs to the best of the industry, outperforming 97.42% of the companies in the same industry.
In the last couple of years the Gross Margin of PIPR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.81% | ||
| PM (TTM) | 13.17% | ||
| GM | 98.34% |
OM growth 3Y-12.92%
OM growth 5Y-1.74%
PM growth 3Y-4.65%
PM growth 5Y-1.37%
GM growth 3Y-0.11%
GM growth 5Y0.19%
2. Health
2.1 Basic Checks
PIPR has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, PIPR has more shares outstanding
Compared to 1 year ago, PIPR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.71 indicates that PIPR is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.71, PIPR belongs to the top of the industry, outperforming 89.27% of the companies in the same industry.
PIPR has a debt to FCF ratio of 0.37. This is a very positive value and a sign of high solvency as it would only need 0.37 years to pay back of all of its debts.
PIPR has a better Debt to FCF ratio (0.37) than 91.42% of its industry peers.
PIPR has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
PIPR has a Debt to Equity ratio of 0.08. This is amongst the best in the industry. PIPR outperforms 81.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.37 | ||
| Altman-Z | 6.71 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PIPR has a Current Ratio of 0.72. This is a bad value and indicates that PIPR is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.72, PIPR is doing worse than 68.24% of the companies in the same industry.
A Quick Ratio of 0.72 indicates that PIPR may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.72, PIPR is doing worse than 67.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
PIPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43.98%, which is quite impressive.
The Earnings Per Share has been growing by 11.31% on average over the past years. This is quite good.
The Revenue has grown by 10.25% in the past year. This is quite good.
The Revenue has been growing by 12.60% on average over the past years. This is quite good.
EPS 1Y (TTM)43.98%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%46.59%
Revenue 1Y (TTM)10.25%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%14.8%
3.2 Future
Based on estimates for the next years, PIPR will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.55% on average per year.
The Revenue is expected to grow by 11.05% on average over the next years. This is quite good.
EPS Next Y8.46%
EPS Next 2Y18.18%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue Next Year8.38%
Revenue Next 2Y13.03%
Revenue Next 3Y11.05%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PIPR is valuated rather expensively with a Price/Earnings ratio of 20.99.
Compared to the rest of the industry, the Price/Earnings ratio of PIPR is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.45. PIPR is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 16.57, the valuation of PIPR can be described as correct.
PIPR's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of PIPR to the average of the S&P500 Index (21.90), we can say PIPR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.99 | ||
| Fwd PE | 16.57 |
4.2 Price Multiples
69.53% of the companies in the same industry are more expensive than PIPR, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PIPR indicates a somewhat cheap valuation: PIPR is cheaper than 60.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.76 | ||
| EV/EBITDA | 22.63 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates PIPR does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of PIPR may justify a higher PE ratio.
A more expensive valuation may be justified as PIPR's earnings are expected to grow with 15.55% in the coming years.
PEG (NY)2.48
PEG (5Y)1.86
EPS Next 2Y18.18%
EPS Next 3Y15.55%
5. Dividend
5.1 Amount
With a yearly dividend of 0.89%, PIPR is not a good candidate for dividend investing.
PIPR's Dividend Yield is slightly below the industry average, which is at 8.00.
Compared to an average S&P500 Dividend Yield of 2.42, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
5.2 History
The dividend of PIPR is nicely growing with an annual growth rate of 12.05%!
PIPR has been paying a dividend for over 5 years, so it has already some track record.
The dividend of PIPR decreased recently.
Dividend Growth(5Y)12.05%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
53.22% of the earnings are spent on dividend by PIPR. This is a bit on the high side, but may be sustainable.
The dividend of PIPR is growing, but earnings are growing more, so the dividend growth is sustainable.
DP53.22%
EPS Next 2Y18.18%
EPS Next 3Y15.55%
NYSE:PIPR (7/3/2025, 8:00:25 PM)
293.44
+0.47 (+0.16%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82%
Inst Owner ChangeN/A
Ins Owners2.84%
Ins Owner Change5.03%
Market Cap5.21B
Analysts48.89
Price Target291.72 (-0.59%)
Short Float %2.08%
Short Ratio2.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.89% |
Yearly Dividend4.71
Dividend Growth(5Y)12.05%
DP53.22%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)29.92%
Min EPS beat(2)18.9%
Max EPS beat(2)40.94%
EPS beat(4)3
Avg EPS beat(4)15.91%
Min EPS beat(4)-5.82%
Max EPS beat(4)40.94%
EPS beat(8)6
Avg EPS beat(8)18.25%
EPS beat(12)10
Avg EPS beat(12)18.89%
EPS beat(16)14
Avg EPS beat(16)22.92%
Revenue beat(2)2
Avg Revenue beat(2)4.89%
Min Revenue beat(2)2.19%
Max Revenue beat(2)7.58%
Revenue beat(4)3
Avg Revenue beat(4)1.66%
Min Revenue beat(4)-6.36%
Max Revenue beat(4)7.58%
Revenue beat(8)6
Avg Revenue beat(8)3.93%
Revenue beat(12)9
Avg Revenue beat(12)3.26%
Revenue beat(16)13
Avg Revenue beat(16)7.43%
PT rev (1m)7.12%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-29.98%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-13.18%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)-8.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.99 | ||
| Fwd PE | 16.57 | ||
| P/S | 3.37 | ||
| P/FCF | 18.76 | ||
| P/OCF | 17.19 | ||
| P/B | 4.29 | ||
| P/tB | 6.55 | ||
| EV/EBITDA | 22.63 |
EPS(TTM)13.98
EY4.76%
EPS(NY)17.71
Fwd EY6.04%
FCF(TTM)15.64
FCFY5.33%
OCF(TTM)17.07
OCFY5.82%
SpS87.03
BVpS68.33
TBVpS44.83
PEG (NY)2.48
PEG (5Y)1.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.18% | ||
| ROE | 16.77% | ||
| ROCE | 14.37% | ||
| ROIC | 10.22% | ||
| ROICexc | 11.18% | ||
| ROICexgc | 16.44% | ||
| OM | 12.81% | ||
| PM (TTM) | 13.17% | ||
| GM | 98.34% | ||
| FCFM | 17.98% |
ROA(3y)5.7%
ROA(5y)6%
ROE(3y)11.04%
ROE(5y)12.85%
ROIC(3y)8.57%
ROIC(5y)10.7%
ROICexc(3y)12.01%
ROICexc(5y)22.17%
ROICexgc(3y)20.67%
ROICexgc(5y)66.52%
ROCE(3y)12.07%
ROCE(5y)15.09%
ROICexcg growth 3Y-51.6%
ROICexcg growth 5Y12.45%
ROICexc growth 3Y-37.22%
ROICexc growth 5Y9.46%
OM growth 3Y-12.92%
OM growth 5Y-1.74%
PM growth 3Y-4.65%
PM growth 5Y-1.37%
GM growth 3Y-0.11%
GM growth 5Y0.19%
F-Score9
Asset Turnover0.85
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.37 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 94.88% | ||
| Cap/Sales | 1.64% | ||
| Interest Coverage | 35.26 | ||
| Cash Conversion | 134.91% | ||
| Profit Quality | 136.51% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 6.71 |
F-Score9
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)60.94%
Cap/Depr(5y)52.55%
Cap/Sales(3y)1.29%
Cap/Sales(5y)1.26%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)43.98%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%46.59%
EPS Next Y8.46%
EPS Next 2Y18.18%
EPS Next 3Y15.55%
EPS Next 5YN/A
Revenue 1Y (TTM)10.25%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%14.8%
Revenue Next Year8.38%
Revenue Next 2Y13.03%
Revenue Next 3Y11.05%
Revenue Next 5YN/A
EBIT growth 1Y26.16%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year34.08%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y835.29%
FCF growth 3Y-24.3%
FCF growth 5Y37.18%
OCF growth 1Y427.98%
OCF growth 3Y-23.77%
OCF growth 5Y35.81%