Morgan Stanley

LSE:0QYU Stock Report

Market Cap: US$192.4b

Morgan Stanley Valuation

Is 0QYU undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0QYU when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$139.70
Fair Value
13.6% undervalued intrinsic discount
19
Number of Analysts

Below Fair Value: 0QYU ($120.67) is trading below our estimate of fair value ($139.7)

Significantly Below Fair Value: 0QYU is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QYU?

Key metric: As 0QYU is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QYU. This is calculated by dividing 0QYU's market cap by their current earnings.
What is 0QYU's PE Ratio?
PE Ratio14.1x
EarningsUS$13.69b
Market CapUS$192.38b

Price to Earnings Ratio vs Peers

How does 0QYU's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QYU vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.5x
IGG IG Group Holdings
10.3x1.5%UK£3.8b
PLUS Plus500
11x-0.8%UK£2.3b
TCAP TP ICAP Group
11.7x9.3%UK£2.0b
LSEG London Stock Exchange Group
89.1x23.4%UK£61.0b
0QYU Morgan Stanley
14.1x2.7%US$192.4b

Price-To-Earnings vs Peers: 0QYU is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (30.5x).

Price to Earnings Ratio vs Industry

How does 0QYU's PE Ratio compare vs other companies in the GB Capital Markets Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PNIX Phoenix Digital Assets
0.9xn/aUS$25.30m
IX. i(x) Net Zero
0.1xn/aUS$8.94m
JIM Jarvis Securities
2.1xn/aUS$8.78m
BAF British & American Investment Trust
1.8xn/aUS$4.98m
0QYU 14.1xIndustry Avg. 12.5xNo. of Companies11PE01020304050+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0QYU is expensive based on its Price-To-Earnings Ratio (14.1x) compared to the UK Capital Markets industry average (12.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0QYU's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0QYU PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.1x
Fair PE Ratio18.5x

Price-To-Earnings vs Fair Ratio: 0QYU is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0QYU forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$120.67
US$124.13
+2.9%
9.5%US$156.00US$101.00n/a19
Apr ’26US$114.99
US$135.16
+17.5%
9.7%US$156.00US$101.00n/a19
Mar ’26US$129.98
US$139.53
+7.3%
8.8%US$160.00US$107.00n/a19
Feb ’26US$138.13
US$138.05
-0.05%
9.1%US$156.00US$106.00n/a19
Jan ’26US$125.49
US$127.69
+1.7%
10.0%US$145.00US$104.00n/a18
Dec ’25US$131.61
US$124.85
-5.1%
10.1%US$142.00US$100.00n/a17
Nov ’25US$117.18
US$116.86
-0.3%
10.5%US$135.00US$97.00n/a18
Oct ’25US$103.99
US$105.61
+1.6%
8.0%US$121.00US$91.00n/a18
Sep ’25US$102.35
US$105.81
+3.4%
8.9%US$122.00US$91.00n/a19
Aug ’25US$101.60
US$105.91
+4.2%
9.2%US$122.00US$91.00n/a18
Jul ’25US$98.87
US$99.49
+0.6%
8.4%US$118.00US$89.00n/a21
Jun ’25US$96.87
US$99.54
+2.8%
8.3%US$118.00US$89.00n/a21
May ’25US$91.25
US$98.97
+8.5%
8.8%US$118.00US$88.00US$117.3521
Apr ’25US$94.23
US$95.16
+1.0%
8.7%US$116.00US$83.00US$114.9921
Mar ’25US$86.04
US$95.04
+10.5%
9.3%US$116.00US$83.90US$129.9821
Feb ’25US$86.45
US$94.80
+9.7%
9.6%US$116.00US$80.00US$138.1321
Jan ’25US$93.39
US$91.56
-2.0%
8.9%US$107.00US$80.00US$125.4922
Dec ’24US$80.69
US$89.16
+10.5%
9.6%US$105.00US$73.60US$131.6122
Nov ’24US$71.05
US$91.30
+28.5%
9.6%US$110.00US$73.60US$117.1822
Oct ’24US$81.66
US$97.83
+19.8%
8.8%US$112.00US$80.00US$103.9923
Sep ’24US$85.68
US$98.12
+14.5%
9.0%US$112.00US$80.00US$102.3523
Aug ’24US$90.80
US$98.55
+8.5%
9.3%US$112.00US$80.00US$101.6023
Jul ’24US$85.84
US$96.22
+12.1%
10.6%US$112.00US$80.00US$98.8723
Jun ’24US$82.32
US$97.43
+18.4%
10.2%US$112.00US$80.00US$96.8723
May ’24US$89.80
US$98.31
+9.5%
9.4%US$112.00US$80.00US$91.2523
AnalystConsensusTarget
Consensus Narrative from 19 Analysts
US$125.24
Fair Value
3.6% undervalued intrinsic discount
19
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/06 08:18
End of Day Share Price 2025/05/05 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Morgan Stanley is covered by 50 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Jason GoldbergBarclays
Jason GoldbergBarclays