WISDOMTREE INC (WT) Stock Fundamental Analysis
NYSE:WT - New York Stock Exchange, Inc. - US97717P1049 - Common Stock - Currency: USD
We assign a fundamental rating of 6 out of 10 to WT. WT was compared to 233 industry peers in the Capital Markets industry. While WT has a great health rating, its profitability is only average at the moment. WT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
WT had positive earnings in the past year.
In the past year WT had a positive cash flow from operations.
Of the past 5 years WT 4 years were profitable.
In the past 5 years WT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of WT (7.28%) is better than 84.55% of its industry peers.
WT has a better Return On Equity (17.92%) than 84.12% of its industry peers.
WT has a better Return On Invested Capital (14.22%) than 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 7.84%.
The 3 year average ROIC (8.34%) for WT is below the current ROIC(14.22%), indicating increased profibility in the last year.
| 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.
In the last couple of years the Profit Margin of WT has declined.
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
The number of shares outstanding for WT has been reduced compared to 1 year ago.
The number of shares outstanding for WT has been reduced compared to 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 3.33. This indicates that WT is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WT (3.33) is better than 78.97% 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.
With a decent Debt to FCF ratio value of 4.54, WT is doing good in the industry, outperforming 67.81% of the companies in the same industry.
A Debt/Equity ratio of 1.26 is on the high side and indicates that WT has dependencies on debt financing.
WT's Debt to Equity ratio of 1.26 is on the low side compared to the rest of the industry. WT is outperformed by 62.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.26 | ||
| Debt/FCF | 4.54 | ||
| Altman-Z | 3.33 |
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.
WT has a better Current ratio (3.83) than 82.83% of its industry peers.
A Quick Ratio of 3.83 indicates that WT has no problem at all paying its short term obligations.
Looking at the Quick 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.83 | ||
| Quick Ratio | 3.83 |
3. Growth
3.1 Past
WT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 59.52%, which is quite impressive.
Measured over the past years, WT shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.42% on average per year.
WT shows a strong growth in Revenue. In the last year, the Revenue has grown by 47.28%.
The Revenue has been growing by 9.92% on average over the past years. This is quite good.
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
WT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.36% yearly.
WT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.52% yearly.
EPS Next Y14.44%
EPS Next 2Y10.73%
EPS Next 3Y9.36%
EPS Next 5YN/A
Revenue Next Year5.1%
Revenue Next 2Y5.44%
Revenue Next 3Y5.52%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 18.27, the valuation of WT can be described as rather expensive.
WT's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.29. WT is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 15.84, WT is valued correctly.
The rest of the industry has a similar Price/Forward Earnings ratio as WT.
WT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.74, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.27 | ||
| Fwd PE | 15.84 |
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.
Based on the Price/Free Cash Flow ratio, WT is valued a bit cheaper than the industry average as 66.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.12 | ||
| EV/EBITDA | 11.42 |
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.
PEG (NY)1.26
PEG (5Y)0.78
EPS Next 2Y10.73%
EPS Next 3Y9.36%
5. Dividend
5.1 Amount
WT has a yearly dividend return of 0.96%, which is pretty low.
WT's Dividend Yield is slightly below the industry average, which is at 8.10.
Compared to an average S&P500 Dividend Yield of 2.37, WT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
5.2 History
The dividend of WT decreases each year by -0.63%.
WT has been paying a dividend for at least 10 years, so it has a reliable track record.
WT has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
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 2Y10.73%
EPS Next 3Y9.36%
12.24
-0.24 (-1.92%)
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 Cap1.80B
Analysts80
Price Target12.2 (-0.33%)
Short Float %10.4%
Short Ratio8.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.96% |
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)1.77%
PT rev (3m)-5.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.55%
EPS NY rev (1m)1.45%
EPS NY rev (3m)0.2%
Revenue NQ rev (1m)0.59%
Revenue NQ rev (3m)-0.84%
Revenue NY rev (1m)1.07%
Revenue NY rev (3m)-0.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.27 | ||
| Fwd PE | 15.84 | ||
| P/S | 3.36 | ||
| P/FCF | 15.12 | ||
| P/OCF | 14.89 | ||
| P/B | 4.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.42 |
EPS(TTM)0.67
EY5.47%
EPS(NY)0.77
Fwd EY6.31%
FCF(TTM)0.81
FCFY6.61%
OCF(TTM)0.82
OCFY6.72%
SpS3.64
BVpS2.83
TBVpS-1.89
PEG (NY)1.26
PEG (5Y)0.78
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 | 3.33 |
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 Y14.44%
EPS Next 2Y10.73%
EPS Next 3Y9.36%
EPS Next 5YN/A
Revenue 1Y (TTM)47.28%
Revenue growth 3Y12.02%
Revenue growth 5Y9.92%
Sales Q2Q%11.61%
Revenue Next Year5.1%
Revenue Next 2Y5.44%
Revenue Next 3Y5.52%
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%