PIPER SANDLER COS (PIPR) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PIPR - US7240781002 - Common Stock
339.71 USD
-3.25 (-0.95%)
325 USD
-14.71 (-4.33%)
PIPR gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. While PIPR has a great profitability rating, there are quite some concerns on its financial health. PIPR is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year PIPR was profitable.
In the past year PIPR had a positive cash flow from operations.
Each year in the past 5 years PIPR has been profitable.
PIPR had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 10.65%, PIPR belongs to the top of the industry, outperforming 89.79% of the companies in the same industry.
PIPR has a better Return On Equity (18.43%) than 85.53% of its industry peers.
PIPR has a Return On Invested Capital of 13.54%. This is amongst the best in the industry. PIPR outperforms 89.36% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PIPR is in line with the industry average of 7.13%.
The last Return On Invested Capital (13.54%) for PIPR is above the 3 year average (8.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.65% | ||
| ROE | 18.43% | ||
| ROIC | 13.54% |
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
Looking at the Profit Margin, with a value of 13.72%, PIPR is in line with its industry, outperforming 48.94% of the companies in the same industry.
PIPR's Profit Margin has been stable in the last couple of years.
Looking at the Operating Margin, with a value of 15.95%, PIPR is in line with its industry, outperforming 40.43% of the companies in the same industry.
In the last couple of years the Operating Margin of PIPR has declined.
The Gross Margin of PIPR (98.54%) is better than 97.87% 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 | 15.95% | ||
| PM (TTM) | 13.72% | ||
| GM | 98.54% |
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.
The number of shares outstanding for PIPR has been increased compared to 5 years ago.
The debt/assets ratio for PIPR has been reduced compared to a year ago.
2.2 Solvency
PIPR has an Altman-Z score of 5.41. This indicates that PIPR is financially healthy and has little risk of bankruptcy at the moment.
PIPR has a Altman-Z score of 5.41. This is amongst the best in the industry. PIPR outperforms 87.66% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that PIPR is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.07, PIPR belongs to the best of the industry, outperforming 80.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 5.41 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PIPR has a Current Ratio of 0.94. 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 0.94, PIPR is doing worse than 60.43% of the companies in the same industry.
PIPR has a Quick Ratio of 0.94. This is a bad value and indicates that PIPR is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.94, PIPR is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
PIPR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 31.49%, 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 13.30% 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)31.49%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%48.64%
Revenue 1Y (TTM)13.3%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%29.41%
3.2 Future
The Earnings Per Share is expected to grow by 23.43% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 13.35% on average over the next years. This is quite good.
EPS Next Y25.31%
EPS Next 2Y22.31%
EPS Next 3Y23.43%
EPS Next 5YN/A
Revenue Next Year17.03%
Revenue Next 2Y16.06%
Revenue Next 3Y13.35%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 21.69, PIPR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of PIPR is on the same level as its industry peers.
PIPR's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.51.
PIPR is valuated rather expensively with a Price/Forward Earnings ratio of 17.91.
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 (23.13), we can say PIPR is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.69 | ||
| Fwd PE | 17.91 |
4.2 Price Multiples
73.19% of the companies in the same industry are more expensive than PIPR, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 19.57 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PIPR has a very decent profitability rating, which may justify a higher PE ratio.
PIPR's earnings are expected to grow with 23.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.86
PEG (5Y)1.92
EPS Next 2Y22.31%
EPS Next 3Y23.43%
5. Dividend
5.1 Amount
With a yearly dividend of 0.77%, PIPR is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.65, PIPR is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.00, PIPR's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
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.
The dividend of PIPR decreased recently.
Dividend Growth(5Y)12.05%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
47.33% 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.
DP47.33%
EPS Next 2Y22.31%
EPS Next 3Y23.43%
339.71
-3.25 (-0.95%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners86.85%
Inst Owner ChangeN/A
Ins Owners2.79%
Ins Owner Change-2.35%
Market Cap6.01B
Revenue(TTM)1.72B
Net Income(TTM)236.42M
Analysts80
Price Target398.82 (17.4%)
Short Float %2.36%
Short Ratio2.75
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend4.71
Dividend Growth(5Y)12.05%
DP47.33%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.14%
Min EPS beat(2)16.49%
Max EPS beat(2)29.8%
EPS beat(4)4
Avg EPS beat(4)26.53%
Min EPS beat(4)16.49%
Max EPS beat(4)40.94%
EPS beat(8)7
Avg EPS beat(8)23.32%
EPS beat(12)10
Avg EPS beat(12)21.23%
EPS beat(16)14
Avg EPS beat(16)21.39%
Revenue beat(2)2
Avg Revenue beat(2)10.19%
Min Revenue beat(2)7.84%
Max Revenue beat(2)12.55%
Revenue beat(4)4
Avg Revenue beat(4)7.54%
Min Revenue beat(4)2.19%
Max Revenue beat(4)12.55%
Revenue beat(8)7
Avg Revenue beat(8)6.51%
Revenue beat(12)9
Avg Revenue beat(12)4.57%
Revenue beat(16)13
Avg Revenue beat(16)5.95%
PT rev (1m)0.26%
PT rev (3m)14.83%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.76%
EPS NY rev (1m)0.11%
EPS NY rev (3m)7.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.99%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)3.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.69 | ||
| Fwd PE | 17.91 | ||
| P/S | 3.49 | ||
| P/FCF | N/A | ||
| P/OCF | 290.81 | ||
| P/B | 4.68 | ||
| P/tB | 6.99 | ||
| EV/EBITDA | 19.57 |
EPS(TTM)15.66
EY4.61%
EPS(NY)18.97
Fwd EY5.58%
FCF(TTM)-1.08
FCFYN/A
OCF(TTM)1.17
OCFY0.34%
SpS97.38
BVpS72.52
TBVpS48.63
PEG (NY)0.86
PEG (5Y)1.92
Graham Number159.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.65% | ||
| ROE | 18.43% | ||
| ROCE | 18.78% | ||
| ROIC | 13.54% | ||
| ROICexc | 14.62% | ||
| ROICexgc | 21.03% | ||
| OM | 15.95% | ||
| PM (TTM) | 13.72% | ||
| GM | 98.54% | ||
| FCFM | N/A |
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%
ROICexgc growth 3Y-51.6%
ROICexgc 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-Score8
Asset Turnover0.78
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.29 | ||
| Cap/Depr | 150.11% | ||
| Cap/Sales | 2.31% | ||
| Interest Coverage | 52.95 | ||
| Cash Conversion | 6.86% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 5.41 |
F-Score8
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)31.49%
EPS 3Y-16.64%
EPS 5Y11.31%
EPS Q2Q%48.64%
EPS Next Y25.31%
EPS Next 2Y22.31%
EPS Next 3Y23.43%
EPS Next 5YN/A
Revenue 1Y (TTM)13.3%
Revenue growth 3Y-9.14%
Revenue growth 5Y12.6%
Sales Q2Q%29.41%
Revenue Next Year17.03%
Revenue Next 2Y16.06%
Revenue Next 3Y13.35%
Revenue Next 5YN/A
EBIT growth 1Y20.67%
EBIT growth 3Y-20.88%
EBIT growth 5Y10.64%
EBIT Next Year18.88%
EBIT Next 3Y16.99%
EBIT Next 5YN/A
FCF growth 1Y-1909.81%
FCF growth 3Y-24.3%
FCF growth 5Y37.18%
OCF growth 1Y54.3%
OCF growth 3Y-23.77%
OCF growth 5Y35.81%
PIPER SANDLER COS / PIPR FAQ
Can you provide the ChartMill fundamental rating for PIPER SANDLER COS?
ChartMill assigns a fundamental rating of 5 / 10 to PIPR.
What is the valuation status of PIPER SANDLER COS (PIPR) stock?
ChartMill assigns a valuation rating of 4 / 10 to PIPER SANDLER COS (PIPR). This can be considered as Fairly Valued.
What is the profitability of PIPR stock?
PIPER SANDLER COS (PIPR) has a profitability rating of 7 / 10.
What is the valuation of PIPER SANDLER COS based on its PE and PB ratios?
The Price/Earnings (PE) ratio for PIPER SANDLER COS (PIPR) is 21.69 and the Price/Book (PB) ratio is 4.68.
What is the expected EPS growth for PIPER SANDLER COS (PIPR) stock?
The Earnings per Share (EPS) of PIPER SANDLER COS (PIPR) is expected to grow by 25.31% in the next year.