PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
USA - NYSE:PIPR - US7240781002 - Common Stock
366.3 USD
-3.1 (-0.84%)
366.3 USD
0 (0%)
Taking everything into account, PIPR scores 6 out of 10 in our fundamental rating. PIPR was compared to 237 industry peers in the Capital Markets industry. While PIPR has a great profitability rating, there are some minor concerns on its financial health. PIPR is valued quite expensively, but it does show have an excellent growth rating. This makes PIPR very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year PIPR was profitable.
PIPR had a positive operating cash flow in the past year.
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
PIPR has a Return On Assets of 10.77%. This is amongst the best in the industry. PIPR outperforms 89.87% of its industry peers.
PIPR's Return On Equity of 17.15% is amongst the best of the industry. PIPR outperforms 83.12% of its industry peers.
The Return On Invested Capital of PIPR (11.51%) is better than 86.92% 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 7.61%.
The 3 year average ROIC (8.57%) for PIPR is below the current ROIC(11.51%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 17.15% | ||
| ROIC | 11.51% |
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 (13.16%) 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 13.89%, PIPR is not doing good in the industry: 66.24% 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 (98.38%) is better than 97.47% of its industry peers.
PIPR's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.89% | ||
| PM (TTM) | 13.16% | ||
| GM | 98.38% |
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
Compared to 1 year ago, PIPR has more shares outstanding
The number of shares outstanding for PIPR has been increased compared to 5 years ago.
Compared to 1 year ago, PIPR has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.90 indicates that PIPR is not in any danger for bankruptcy at the moment.
PIPR's Altman-Z score of 6.90 is amongst the best of the industry. PIPR outperforms 88.61% of its industry peers.
The Debt to FCF ratio of PIPR is 2.41, which is a good value as it means it would take PIPR, 2.41 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.41, PIPR belongs to the top of the industry, outperforming 84.81% of the companies in the same industry.
PIPR has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
PIPR's Debt to Equity ratio of 0.06 is amongst the best of the industry. PIPR outperforms 81.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Altman-Z | 6.9 |
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 worse Current ratio (0.76) than 65.40% 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 64.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 |
3. Growth
3.1 Past
PIPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 29.82%, which is quite impressive.
Measured over the past years, PIPR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.31% on average per year.
The Revenue has grown by 10.47% in the past year. This is quite good.
Measured over the past years, PIPR shows a quite strong growth in Revenue. The Revenue has been growing by 12.60% on average per year.
EPS 1Y (TTM)29.82%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%17.06%
Revenue 1Y (TTM)10.47%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%13.65%
3.2 Future
The Earnings Per Share is expected to grow by 16.53% on average over the next years. This is quite good.
The Revenue is expected to grow by 11.54% on average over the next years. This is quite good.
EPS Next Y16.69%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue Next Year13.36%
Revenue Next 2Y13.81%
Revenue Next 3Y11.54%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 quite expensively with a Price/Earnings ratio of 25.42.
Based on the Price/Earnings ratio, PIPR is valued a bit more expensive than 63.71% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.38. PIPR is around the same levels.
A Price/Forward Earnings ratio of 20.24 indicates a rather expensive valuation of PIPR.
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 (22.86), we can say PIPR is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 20.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PIPR indicates a somewhat cheap valuation: PIPR is cheaper than 66.67% of the companies listed in the same industry.
PIPR's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 198.31 | ||
| EV/EBITDA | 25.74 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PIPR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PIPR's earnings are expected to grow with 16.53% in the coming years.
PEG (NY)1.52
PEG (5Y)2.25
EPS Next 2Y19.46%
EPS Next 3Y16.53%
5. Dividend
5.1 Amount
PIPR has a yearly dividend return of 0.76%, which is pretty low.
PIPR's Dividend Yield is slightly below the industry average, which is at 7.96.
Compared to an average S&P500 Dividend Yield of 2.38, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
On average, the dividend of PIPR grows each year by 12.05%, which is quite nice.
PIPR has been paying a dividend for over 5 years, so it has already some track record.
PIPR has decreased its dividend recently.
Dividend Growth(5Y)12.05%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
PIPR pays out 52.44% of its income as dividend. 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.
DP52.44%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
366.3
-3.1 (-0.84%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners82.92%
Inst Owner ChangeN/A
Ins Owners2.84%
Ins Owner Change-0.14%
Market Cap6.48B
Analysts78
Price Target347.31 (-5.18%)
Short Float %2.54%
Short Ratio3.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend4.71
Dividend Growth(5Y)12.05%
DP52.44%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.37%
Min EPS beat(2)29.8%
Max EPS beat(2)40.94%
EPS beat(4)3
Avg EPS beat(4)20.96%
Min EPS beat(4)-5.82%
Max EPS beat(4)40.94%
EPS beat(8)7
Avg EPS beat(8)22.4%
EPS beat(12)10
Avg EPS beat(12)20.81%
EPS beat(16)14
Avg EPS beat(16)21.51%
Revenue beat(2)2
Avg Revenue beat(2)7.37%
Min Revenue beat(2)2.19%
Max Revenue beat(2)12.55%
Revenue beat(4)3
Avg Revenue beat(4)3.99%
Min Revenue beat(4)-6.36%
Max Revenue beat(4)12.55%
Revenue beat(8)7
Avg Revenue beat(8)5.59%
Revenue beat(12)9
Avg Revenue beat(12)4.08%
Revenue beat(16)13
Avg Revenue beat(16)6.01%
PT rev (1m)1.49%
PT rev (3m)19.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.13%
EPS NY rev (1m)7.2%
EPS NY rev (3m)7.59%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.91%
Revenue NY rev (1m)4.28%
Revenue NY rev (3m)4.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.42 | ||
| Fwd PE | 20.24 | ||
| P/S | 4.04 | ||
| P/FCF | 198.31 | ||
| P/OCF | 94.07 | ||
| P/B | 5.27 | ||
| P/tB | 7.95 | ||
| EV/EBITDA | 25.74 |
EPS(TTM)14.41
EY3.93%
EPS(NY)18.1
Fwd EY4.94%
FCF(TTM)1.85
FCFY0.5%
OCF(TTM)3.89
OCFY1.06%
SpS90.64
BVpS69.52
TBVpS46.06
PEG (NY)1.52
PEG (5Y)2.25
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.77% | ||
| ROE | 17.15% | ||
| ROCE | 15.91% | ||
| ROIC | 11.51% | ||
| ROICexc | 12.56% | ||
| ROICexgc | 18.51% | ||
| OM | 13.89% | ||
| PM (TTM) | 13.16% | ||
| GM | 98.38% | ||
| FCFM | 2.04% |
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-Score7
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 2.41 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 137.31% | ||
| Cap/Sales | 2.26% | ||
| Interest Coverage | 38.64 | ||
| Cash Conversion | 27.66% | ||
| Profit Quality | 15.49% | ||
| Current Ratio | 0.76 | ||
| Quick Ratio | 0.76 | ||
| Altman-Z | 6.9 |
F-Score7
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)29.82%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%17.06%
EPS Next Y16.69%
EPS Next 2Y19.46%
EPS Next 3Y16.53%
EPS Next 5YN/A
Revenue 1Y (TTM)10.47%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%13.65%
Revenue Next Year13.36%
Revenue Next 2Y13.81%
Revenue Next 3Y11.54%
Revenue Next 5YN/A
EBIT growth 1Y32.65%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year15.97%
EBIT Next 3Y16.99%
EBIT Next 5YN/A
FCF growth 1Y9.67%
FCF growth 3Y-24.3%
FCF growth 5Y37.18%
OCF growth 1Y35.77%
OCF growth 3Y-23.77%
OCF growth 5Y35.81%