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 5 out of 10 in our fundamental rating. PIPR was compared to 225 industry peers in the Capital Markets industry. PIPR has only an average score on both its financial health and profitability. PIPR is not overvalued while it is showing excellent growth. This is an interesting combination. These ratings would make PIPR suitable 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.
The reported operating cash flow has been mixed in the past 5 years: PIPR reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.07%, PIPR belongs to the top of the industry, outperforming 83.56% of the companies in the same industry.
With a decent Return On Equity value of 14.06%, PIPR is doing good in the industry, outperforming 73.06% of the companies in the same industry.
PIPR's Return On Invested Capital of 11.66% is amongst the best of the industry. PIPR outperforms 87.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.07% | ||
| ROE | 14.06% | ||
| ROIC | 11.66% |
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
PIPR has a Profit Margin (10.79%) which is comparable to the rest of the industry.
PIPR's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 14.98%, PIPR is not doing good in the industry: 64.38% of the companies in the same industry are doing better.
PIPR's Operating Margin has declined in the last couple of years.
The Gross Margin of PIPR (98.25%) is better than 96.80% of its industry peers.
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 | 14.98% | ||
| PM (TTM) | 10.79% | ||
| GM | 98.25% |
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
There is no outstanding debt for PIPR. 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 5.05 indicates that PIPR is not in any danger for bankruptcy at the moment.
The Altman-Z score of PIPR (5.05) is better than 85.39% of its industry peers.
The Debt to FCF ratio of PIPR is 0.23, which is an excellent value as it means it would take PIPR, only 0.23 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of PIPR (0.23) is better than 91.32% of its industry peers.
PIPR has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
PIPR's Debt to Equity ratio of 0.11 is fine compared to the rest of the industry. PIPR outperforms 79.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.23 | ||
| Altman-Z | 5.05 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.76 indicates that PIPR may have some problems paying its short term obligations.
PIPR has a Current ratio of 0.76. This is in the lower half of the industry: PIPR underperforms 62.56% of its industry peers.
A Quick Ratio of 0.76 indicates that PIPR may have some problems paying its short term obligations.
PIPR has a worse Quick ratio (0.76) than 62.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 36.79% over the past year.
PIPR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.31% yearly.
The Revenue has grown by 12.77% in the past year. This is quite good.
PIPR shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.60% yearly.
EPS 1Y (TTM)36.79%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%19.11%
Revenue 1Y (TTM)12.77%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%9.01%
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 17.08% on average per year.
The Revenue is expected to grow by 11.33% on average over the next years. This is quite good.
EPS Next Y23.18%
EPS Next 2Y23.87%
EPS Next 3Y17.08%
EPS Next 5YN/A
Revenue Next Year18.27%
Revenue Next 2Y16.04%
Revenue Next 3Y11.33%
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
The Price/Earnings ratio is 22.78, which indicates a rather expensive current valuation of PIPR.
Based on the Price/Earnings ratio, PIPR is valued a bit more expensive than 61.19% of the companies in the same industry.
PIPR is valuated rather cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
PIPR is valuated rather expensively with a Price/Forward Earnings ratio of 18.49.
The rest of the industry has a similar Price/Forward Earnings ratio as PIPR.
When comparing the Price/Forward Earnings ratio of PIPR to the average of the S&P500 Index (22.68), we can say PIPR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.78 | ||
| Fwd PE | 18.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PIPR is valued a bit cheaper than 75.80% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PIPR indicates a somewhat cheap valuation: PIPR is cheaper than 72.15% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.11 | ||
| EV/EBITDA | 19.28 |
4.3 Compensation for Growth
PIPR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PIPR's earnings are expected to grow with 17.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)2.01
EPS Next 2Y23.87%
EPS Next 3Y17.08%
5. Dividend
5.1 Amount
PIPR has a yearly dividend return of 0.86%, which is pretty low.
Compared to an average industry Dividend Yield of 9.98, PIPR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.27, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.86% |
5.2 History
On average, the dividend of PIPR grows each year by 9.92%, which is quite nice.
PIPR has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)9.92%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
43.48% of the earnings are spent on dividend by PIPR. This is a bit on the high side, but may be sustainable.
PIPR's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP43.48%
EPS Next 2Y23.87%
EPS Next 3Y17.08%
288.83
-9.36 (-3.14%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82.16%
Inst Owner ChangeN/A
Ins Owners2.67%
Ins Owner Change-6.27%
Market Cap5.14B
Analysts48.89
Price Target336.6 (16.54%)
Short Float %1.74%
Short Ratio3.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.86% |
Yearly Dividend5.85
Dividend Growth(5Y)9.92%
DP43.48%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.9%
Min EPS beat(2)-5.82%
Max EPS beat(2)9.61%
EPS beat(4)3
Avg EPS beat(4)20.1%
Min EPS beat(4)-5.82%
Max EPS beat(4)51.8%
EPS beat(8)6
Avg EPS beat(8)18.58%
EPS beat(12)10
Avg EPS beat(12)19.68%
EPS beat(16)14
Avg EPS beat(16)25.47%
Revenue beat(2)1
Avg Revenue beat(2)-1.57%
Min Revenue beat(2)-6.36%
Max Revenue beat(2)3.22%
Revenue beat(4)3
Avg Revenue beat(4)5.49%
Min Revenue beat(4)-6.36%
Max Revenue beat(4)21.16%
Revenue beat(8)5
Avg Revenue beat(8)3.09%
Revenue beat(12)9
Avg Revenue beat(12)5.42%
Revenue beat(16)13
Avg Revenue beat(16)9.77%
PT rev (1m)-18.36%
PT rev (3m)-8.02%
EPS NQ rev (1m)-0.88%
EPS NQ rev (3m)-0.81%
EPS NY rev (1m)3.57%
EPS NY rev (3m)3.48%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)2.5%
Revenue NY rev (3m)1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.78 | ||
| Fwd PE | 18.49 | ||
| P/S | 3.38 | ||
| P/FCF | 9.11 | ||
| P/OCF | 8.97 | ||
| P/B | 4.4 | ||
| P/tB | 6.88 | ||
| EV/EBITDA | 19.28 |
EPS(TTM)12.68
EY4.39%
EPS(NY)15.62
Fwd EY5.41%
FCF(TTM)31.69
FCFY10.97%
OCF(TTM)32.19
OCFY11.15%
SpS85.51
BVpS65.65
TBVpS41.98
PEG (NY)0.98
PEG (5Y)2.01
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.07% | ||
| ROE | 14.06% | ||
| ROCE | 16.72% | ||
| ROIC | 11.66% | ||
| ROICexc | 15.23% | ||
| ROICexgc | 26.67% | ||
| OM | 14.98% | ||
| PM (TTM) | 10.79% | ||
| GM | 98.25% | ||
| FCFM | 37.06% |
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-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-Score8
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 0.23 | ||
| Debt/EBITDA | 0.51 | ||
| Cap/Depr | 30.51% | ||
| Cap/Sales | 0.58% | ||
| Interest Coverage | 33.57 | ||
| Cash Conversion | 222.85% | ||
| Profit Quality | 343.45% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 5.05 |
F-Score8
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)36.79%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%19.11%
EPS Next Y23.18%
EPS Next 2Y23.87%
EPS Next 3Y17.08%
EPS Next 5YN/A
Revenue 1Y (TTM)12.77%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%9.01%
Revenue Next Year18.27%
Revenue Next 2Y16.04%
Revenue Next 3Y11.33%
Revenue Next 5YN/A
EBIT growth 1Y166.57%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year34.08%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y59544.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4174.05%
OCF growth 3YN/A
OCF growth 5YN/A