WISDOMTREE INC (WT) Stock Fundamental Analysis
NYSE:WT - New York Stock Exchange, Inc. - US97717P1049 - Common Stock - Currency: USD
Taking everything into account, WT scores 6 out of 10 in our fundamental rating. WT was compared to 234 industry peers in the Capital Markets industry. WT is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. WT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! With these ratings, WT could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year WT was profitable.
In the past year WT had a positive cash flow from operations.
Of the past 5 years WT 4 years were profitable.
Each year in the past 5 years WT had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.28%, WT belongs to the top of the industry, outperforming 84.98% of the companies in the same industry.
Looking at the Return On Equity, with a value of 17.92%, WT belongs to the top of the industry, outperforming 84.55% of the companies in the same industry.
WT's Return On Invested Capital of 14.22% is amongst the best of the industry. WT outperforms 88.41% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WT is in line with the industry average of 7.86%.
The last Return On Invested Capital (14.22%) for WT is above the 3 year average (8.34%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.28% | ||
| ROE | 17.92% | ||
| ROIC | 14.22% |
ROA(3y)6.42%
ROA(5y)3.86%
ROE(3y)13.43%
ROE(5y)8.36%
ROIC(3y)8.34%
ROIC(5y)7.51%
1.3 Margins
The Profit Margin of WT (13.90%) is comparable to the rest of the industry.
WT's Profit Margin has declined in the last couple of years.
The Operating Margin of WT (32.00%) is comparable to the rest of the industry.
WT's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32% | ||
| PM (TTM) | 13.9% | ||
| GM | N/A |
OM growth 3Y3.11%
OM growth 5Y9.47%
PM growth 3Y-7.14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, WT has less shares outstanding
WT has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, WT has a worse debt to assets ratio.
2.2 Solvency
WT has an Altman-Z score of 3.43. This indicates that WT is financially healthy and has little risk of bankruptcy at the moment.
WT has a Altman-Z score of 3.43. This is in the better half of the industry: WT outperforms 78.11% of its industry peers.
WT has a debt to FCF ratio of 4.54. This is a neutral value as WT would need 4.54 years to pay back of all of its debts.
WT has a better Debt to FCF ratio (4.54) than 67.81% of its industry peers.
WT has a Debt/Equity ratio of 1.26. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of WT (1.26) is worse than 62.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 3.43 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 3.83 indicates that WT has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.83, WT belongs to the top of the industry, outperforming 82.83% of the companies in the same industry.
WT has a Quick Ratio of 3.83. This indicates that WT is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 3.83, WT belongs to the best of the industry, outperforming 82.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.83 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 59.52% over the past year.
WT shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 23.42% yearly.
WT shows a strong growth in Revenue. In the last year, the Revenue has grown by 47.28%.
WT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.92% yearly.
EPS 1Y (TTM)59.52%
EPS 3Y18.35%
EPS 5Y23.42%
EPS Q2Q%33.33%
Revenue 1Y (TTM)47.28%
Revenue growth 3Y12.02%
Revenue growth 5Y9.92%
Sales Q2Q%11.61%
3.2 Future
The Earnings Per Share is expected to grow by 14.58% on average over the next years. This is quite good.
Based on estimates for the next years, WT will show a quite strong growth in Revenue. The Revenue will grow by 9.09% on average per year.
EPS Next Y18.53%
EPS Next 2Y14.79%
EPS Next 3Y14.58%
EPS Next 5YN/A
Revenue Next Year7.49%
Revenue Next 2Y8%
Revenue Next 3Y9.09%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past 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
WT is valuated rather expensively with a Price/Earnings ratio of 19.33.
WT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.50. WT is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.60, WT is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WT is on the same level as its industry peers.
WT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 15.6 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WT is valued cheaper than 86.27% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WT indicates a somewhat cheap valuation: WT is cheaper than 66.09% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16 | ||
| EV/EBITDA | 12 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of WT may justify a higher PE ratio.
A more expensive valuation may be justified as WT's earnings are expected to grow with 14.58% in the coming years.
PEG (NY)1.04
PEG (5Y)0.83
EPS Next 2Y14.79%
EPS Next 3Y14.58%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, WT is not a good candidate for dividend investing.
WT's Dividend Yield is slightly below the industry average, which is at 7.84.
Compared to an average S&P500 Dividend Yield of 2.34, WT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
The dividend of WT decreases each year by -0.63%.
WT has paid a dividend for at least 10 years, which is a reliable track record.
As WT did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-0.63%
Div Incr Years0
Div Non Decr Years6
5.3 Sustainability
25.02% of the earnings are spent on dividend by WT. This is a low number and sustainable payout ratio.
DP25.02%
EPS Next 2Y14.79%
EPS Next 3Y14.58%
12.95
+0.02 (+0.15%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners95.95%
Inst Owner ChangeN/A
Ins Owners9.13%
Ins Owner Change2.14%
Market Cap1.90B
Analysts80
Price Target13.55 (4.63%)
Short Float %10.38%
Short Ratio6.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly Dividend0.13
Dividend Growth(5Y)-0.63%
DP25.02%
Div Incr Years0
Div Non Decr Years6
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.13%
Min EPS beat(2)-9.56%
Max EPS beat(2)1.31%
EPS beat(4)3
Avg EPS beat(4)1.76%
Min EPS beat(4)-9.56%
Max EPS beat(4)10.96%
EPS beat(8)6
Avg EPS beat(8)2.5%
EPS beat(12)7
Avg EPS beat(12)3.38%
EPS beat(16)11
Avg EPS beat(16)5.03%
Revenue beat(2)0
Avg Revenue beat(2)-3.35%
Min Revenue beat(2)-3.78%
Max Revenue beat(2)-2.91%
Revenue beat(4)1
Avg Revenue beat(4)-1.33%
Min Revenue beat(4)-3.78%
Max Revenue beat(4)1.57%
Revenue beat(8)1
Avg Revenue beat(8)-1.33%
Revenue beat(12)2
Avg Revenue beat(12)-1.49%
Revenue beat(16)2
Avg Revenue beat(16)-1.74%
PT rev (1m)1.41%
PT rev (3m)-5.59%
EPS NQ rev (1m)0.96%
EPS NQ rev (3m)1.94%
EPS NY rev (1m)5.07%
EPS NY rev (3m)3.78%
Revenue NQ rev (1m)1.26%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)3.37%
Revenue NY rev (3m)3.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.33 | ||
| Fwd PE | 15.6 | ||
| P/S | 3.55 | ||
| P/FCF | 16 | ||
| P/OCF | 15.75 | ||
| P/B | 4.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 12 |
EPS(TTM)0.67
EY5.17%
EPS(NY)0.83
Fwd EY6.41%
FCF(TTM)0.81
FCFY6.25%
OCF(TTM)0.82
OCFY6.35%
SpS3.64
BVpS2.83
TBVpS-1.89
PEG (NY)1.04
PEG (5Y)0.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.28% | ||
| ROE | 17.92% | ||
| ROCE | 18.22% | ||
| ROIC | 14.22% | ||
| ROICexc | 19.52% | ||
| ROICexgc | N/A | ||
| OM | 32% | ||
| PM (TTM) | 13.9% | ||
| GM | N/A | ||
| FCFM | 22.21% |
ROA(3y)6.42%
ROA(5y)3.86%
ROE(3y)13.43%
ROE(5y)8.36%
ROIC(3y)8.34%
ROIC(5y)7.51%
ROICexc(3y)11.41%
ROICexc(5y)10.08%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)10.68%
ROCE(5y)9.63%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y17.15%
ROICexc growth 5Y24%
OM growth 3Y3.11%
OM growth 5Y9.47%
PM growth 3Y-7.14%
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 4.54 | ||
| Debt/EBITDA | 3 | ||
| Cap/Depr | 52.27% | ||
| Cap/Sales | 0.35% | ||
| Interest Coverage | 11.41 | ||
| Cash Conversion | 69.07% | ||
| Profit Quality | 159.83% | ||
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.83 | ||
| Altman-Z | 3.43 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)135.71%
Cap/Depr(5y)100%
Cap/Sales(3y)0.43%
Cap/Sales(5y)0.32%
Profit Quality(3y)144.09%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)59.52%
EPS 3Y18.35%
EPS 5Y23.42%
EPS Q2Q%33.33%
EPS Next Y18.53%
EPS Next 2Y14.79%
EPS Next 3Y14.58%
EPS Next 5YN/A
Revenue 1Y (TTM)47.28%
Revenue growth 3Y12.02%
Revenue growth 5Y9.92%
Sales Q2Q%11.61%
Revenue Next Year7.49%
Revenue Next 2Y8%
Revenue Next 3Y9.09%
Revenue Next 5YN/A
EBIT growth 1Y73.42%
EBIT growth 3Y15.5%
EBIT growth 5Y20.34%
EBIT Next Year11.1%
EBIT Next 3Y4.78%
EBIT Next 5YN/A
FCF growth 1Y127.57%
FCF growth 3Y13.95%
FCF growth 5Y14.06%
OCF growth 1Y130.67%
OCF growth 3Y14.64%
OCF growth 5Y14.56%