PERELLA WEINBERG PARTNERS (PWP) Stock Fundamental Analysis
NASDAQ:PWP - Nasdaq - US71367G1022 - Common Stock - Currency: USD
PWP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 227 industry peers in the Capital Markets industry. PWP scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. PWP has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
PWP had positive earnings in the past year.
PWP had a positive operating cash flow in the past year.
In the past 5 years PWP reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: PWP reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of PWP (-7.38%) is worse than 84.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.38% | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)-2.38%
ROA(5y)-2.13%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
PWP has a Gross Margin of 70.58%. This is in the better half of the industry: PWP outperforms 74.45% of its industry peers.
PWP's Gross Margin has declined in the last couple of years.
The Profit Margin and Operating Margin are not available for PWP so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 70.58% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.08%
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, PWP has more shares outstanding
The number of shares outstanding for PWP has been increased compared to 5 years ago.
PWP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
PWP has an Altman-Z score of 1.06. This is a bad value and indicates that PWP is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.06, PWP is in line with its industry, outperforming 55.95% of the companies in the same industry.
PWP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0 | ||
| Altman-Z | 1.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PWP has a Current Ratio of 1.30. This is a normal value and indicates that PWP is financially healthy and should not expect problems in meeting its short term obligations.
PWP has a Current ratio (1.30) which is in line with its industry peers.
A Quick Ratio of 1.30 indicates that PWP should not have too much problems paying its short term obligations.
PWP has a Quick ratio of 1.30. This is comparable to the rest of the industry: PWP outperforms 58.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.67% over the past year.
The earnings per share for PWP have been decreasing by -16.37% on average. This is quite bad
The Revenue has grown by 35.38% in the past year. This is a very strong growth!
Measured over the past years, PWP shows a small growth in Revenue. The Revenue has been growing by 3.08% on average per year.
EPS 1Y (TTM)106.67%
EPS 3Y-16.37%
EPS 5YN/A
EPS Q2Q%225%
Revenue 1Y (TTM)35.38%
Revenue growth 3Y3.08%
Revenue growth 5YN/A
Sales Q2Q%6.11%
3.2 Future
PWP is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.21% yearly.
The Revenue is expected to grow by 9.50% on average over the next years. This is quite good.
EPS Next Y25.79%
EPS Next 2Y32.49%
EPS Next 3Y19.21%
EPS Next 5YN/A
Revenue Next Year13.5%
Revenue Next 2Y13.99%
Revenue Next 3Y9.5%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.10, which indicates a rather expensive current valuation of PWP.
PWP's Price/Earnings is on the same level as the industry average.
PWP's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.64.
A Price/Forward Earnings ratio of 14.39 indicates a correct valuation of PWP.
The rest of the industry has a similar Price/Forward Earnings ratio as PWP.
PWP's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 14.39 |
4.2 Price Multiples
81.06% of the companies in the same industry are more expensive than PWP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.19 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PWP's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PWP's earnings are expected to grow with 19.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.7
PEG (5Y)N/A
EPS Next 2Y32.49%
EPS Next 3Y19.21%
5. Dividend
5.1 Amount
PWP has a Yearly Dividend Yield of 1.77%.
The stock price of PWP dropped by -35.44% 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 8.43, PWP is paying slightly less dividend.
Compared to the average S&P500 Dividend Yield of 2.52, PWP is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
5.2 History
PWP has been paying a dividend for over 5 years, so it has already some track record.
PWP has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
The earnings of PWP are negative and hence is the payout ratio. PWP will probably not be able to sustain this dividend level.
DP-59.56%
EPS Next 2Y32.49%
EPS Next 3Y19.21%
16.83
+0.32 (+1.94%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners90.2%
Inst Owner Change-0.07%
Ins Owners2.72%
Ins Owner Change-5.14%
Market Cap1.49B
Analysts77.5
Price Target28.56 (69.7%)
Short Float %4.96%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
Yearly Dividend0.45
Dividend Growth(5Y)N/A
DP-59.56%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)55.62%
Min EPS beat(2)23.17%
Max EPS beat(2)88.06%
EPS beat(4)3
Avg EPS beat(4)6.09%
Min EPS beat(4)-242.97%
Max EPS beat(4)156.09%
EPS beat(8)7
Avg EPS beat(8)45.24%
EPS beat(12)10
Avg EPS beat(12)117.14%
EPS beat(16)13
Avg EPS beat(16)101.87%
Revenue beat(2)2
Avg Revenue beat(2)19.35%
Min Revenue beat(2)1.2%
Max Revenue beat(2)37.5%
Revenue beat(4)3
Avg Revenue beat(4)16.26%
Min Revenue beat(4)-24.37%
Max Revenue beat(4)50.71%
Revenue beat(8)7
Avg Revenue beat(8)13.53%
Revenue beat(12)10
Avg Revenue beat(12)14.08%
Revenue beat(16)12
Avg Revenue beat(16)13.69%
PT rev (1m)-2.61%
PT rev (3m)2.75%
EPS NQ rev (1m)-4.48%
EPS NQ rev (3m)-0.81%
EPS NY rev (1m)-13.06%
EPS NY rev (3m)-14.14%
Revenue NQ rev (1m)0.45%
Revenue NQ rev (3m)5.45%
Revenue NY rev (1m)-3.75%
Revenue NY rev (3m)-1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.1 | ||
| Fwd PE | 14.39 | ||
| P/S | 1.69 | ||
| P/FCF | 7.19 | ||
| P/OCF | 6.66 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.93
EY5.53%
EPS(NY)1.17
Fwd EY6.95%
FCF(TTM)2.34
FCFY13.92%
OCF(TTM)2.53
OCFY15.02%
SpS9.93
BVpS-4.77
TBVpS-5.3
PEG (NY)0.7
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.38% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 70.58% | ||
| FCFM | 23.57% |
ROA(3y)-2.38%
ROA(5y)-2.13%
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 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.08%
GM growth 5YN/A
F-Score5
Asset Turnover1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 80.35% | ||
| Cap/Sales | 1.86% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 | ||
| Altman-Z | 1.06 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)240.45%
Cap/Depr(5y)N/A
Cap/Sales(3y)4.99%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)106.67%
EPS 3Y-16.37%
EPS 5YN/A
EPS Q2Q%225%
EPS Next Y25.79%
EPS Next 2Y32.49%
EPS Next 3Y19.21%
EPS Next 5YN/A
Revenue 1Y (TTM)35.38%
Revenue growth 3Y3.08%
Revenue growth 5YN/A
Sales Q2Q%6.11%
Revenue Next Year13.5%
Revenue Next 2Y13.99%
Revenue Next 3Y9.5%
Revenue Next 5YN/A
EBIT growth 1Y31.81%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y134.45%
FCF growth 3Y-3.92%
FCF growth 5YN/A
OCF growth 1Y53.11%
OCF growth 3Y-1.67%
OCF growth 5YN/A