NasdaqGS:SEIC

Stock Analysis Report

Executive Summary

SEI Investments Company is a publicly owned asset management holding company.

Rewards


Snowflake Analysis


Similar Companies

Share Price & News

How has SEI Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SEIC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.6%

SEIC

-0.2%

US Capital Markets

-0.09%

US Market


1 Year Return

33.6%

SEIC

19.1%

US Capital Markets

23.9%

US Market

Return vs Industry: SEIC exceeded the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: SEIC exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

SEICIndustryMarket
7 Day-1.6%-0.2%-0.09%
30 Day-1.1%3.5%3.1%
90 Day9.5%12.5%10.4%
1 Year35.2%33.6%21.5%19.1%26.6%23.9%
3 Year36.9%32.4%44.0%36.0%50.9%41.2%
5 Year68.5%59.7%98.7%80.4%78.1%58.5%

Price Volatility Vs. Market

How volatile is SEI Investments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SEI Investments undervalued compared to its fair value and its price relative to the market?

20.4x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SEIC ($65.67) is trading above our estimate of fair value ($58.99)

Significantly Below Fair Value: SEIC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SEIC is good value based on its PE Ratio (20.5x) compared to the Capital Markets industry average (36.1x).

PE vs Market: SEIC is poor value based on its PE Ratio (20.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: SEIC is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: SEIC is good value based on its PB Ratio (5.8x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is SEI Investments forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEIC's forecast earnings growth (8.1% per year) is above the savings rate (1.7%).

Earnings vs Market: SEIC's earnings (8.1% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: SEIC's earnings are forecast to grow, but not significantly.

Revenue vs Market: SEIC's revenue (5.4% per year) is forecast to grow slower than the US market (7.5% per year).

High Growth Revenue: SEIC's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SEIC's Return on Equity is forecast to be high in 3 years time (24.7%)

Past Performance

How has SEI Investments performed over the past 5 years?

11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SEIC has high quality earnings.

Growing Profit Margin: SEIC's current net profit margins (30%) are lower than last year (31.5%).


Past Earnings Growth Analysis

Earnings Trend: SEIC's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: SEIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SEIC had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Capital Markets industry average (20.6%).


Return on Equity

High ROE: SEIC's Return on Equity (28.7%) is considered high.


Return on Assets


Return on Capital Employed

Financial Health

How is SEI Investments's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: SEIC has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if SEIC's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: SEIC's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if SEIC has a sufficient allowance for bad loans.

Low Risk Liabilities: SEIC reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if SEIC has an acceptable proportion of non-loan assets held.

Low Risk Deposits: SEIC has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if SEIC has an appropriate level of bad loans.

Dividend

What is SEI Investments's current dividend yield, its reliability and sustainability?

1.07%

Current Dividend Yield


Dividend Yield vs Market

company1.1%marketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Years1.1%

Current dividend yield vs market & industry

Notable Dividend: SEIC's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: SEIC's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.66%).


Stability and Growth of Payments

Stable Dividend: SEIC's dividends per share have been stable in the past 10 years.

Growing Dividend: SEIC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (20.6%), SEIC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SEIC's dividends in 3 years are forecast to be well covered by earnings (16.7% payout ratio).

Management

What is the CEO of SEI Investments's salary, the management and board of directors tenure and is there insider trading?

17.1yrs

Average management tenure


CEO

Al West (76yo)

52yrs

Tenure

US$2,105,098

Compensation

Mr. Alfred P. West, Jr., also knonw as AI, is Chairman and Chief Executive Officer at SEI Investments Company the Oaks, Pennsylvania-based financial services company he founded in 1968. Mr. West served as  ...


CEO Compensation Analysis

Compensation vs Market: Al's total compensation ($USD2.11M) is below average for companies of similar size in the US market ($USD10.76M).

Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.


Management Age and Tenure

17.1yrs

Average Tenure

59yo

Average Age

Experienced Management: SEIC's management team is seasoned and experienced (17.1 years average tenure).


Board Age and Tenure

26.8yrs

Average Tenure

73.5yo

Average Age

Experienced Board: SEIC's board of directors are seasoned and experienced ( 26.8 years average tenure).


Insider Trading

Insider Buying: SEIC insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$133,26002 Jan 20
William Doran
EntityIndividual
Role
Member of the Board of Directors
Secretary & Director
Shares2,000
Max PriceUS$66.63
SellUS$200,82019 Dec 19
William Doran
EntityIndividual
Role
Member of the Board of Directors
Secretary & Director
Shares3,000
Max PriceUS$66.94
SellUS$331,40018 Dec 19
William Doran
EntityIndividual
Role
Member of the Board of Directors
Secretary & Director
Shares5,000
Max PriceUS$66.28
SellUS$5,575,15016 Dec 19
Alfred West
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares85,000
Max PriceUS$65.59
SellUS$305,00017 Sep 19
William Doran
EntityIndividual
Role
Member of the Board of Directors
Secretary & Director
Shares5,000
Max PriceUS$61.00
SellUS$6,173,32811 Mar 19
Alfred West
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares116,412
Max PriceUS$53.03
SellUS$4,409,26701 Mar 19
Alfred West
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares83,588
Max PriceUS$52.75
SellUS$5,265,25028 Feb 19
Alfred West
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceUS$52.78
BuyUS$154,90906 Feb 19
Paul Klauder
EntityIndividual
Shares3,110
Max PriceUS$49.81

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Al West (76yo)

    Chairman & CEO

    • Tenure: 52yrs
    • Compensation: US$2.11m
  • William Doran (78yo)

    Secretary & Director

    • Tenure: 34.8yrs
    • Compensation: US$568.25k
  • Dennis McGonigle (58yo)

    CFO & Executive VP

    • Tenure: 17.1yrs
    • Compensation: US$1.75m
  • Wayne Withrow (63yo)

    Executive VP & Head of Independent Advisor Solutions

    • Tenure: 19.8yrs
    • Compensation: US$1.69m
  • Kathy Heilig (60yo)

    VP, Chief Accounting Officer & Controller

    • Tenure: 20.7yrs
  • Steve Meyer (54yo)

    Executive VP & Head of Global Wealth Management Services

    • Tenure: 14.1yrs
    • Compensation: US$2.28m
  • Barry O'Rourke

    Managing Director

    • Mike Peterson (51yo)

      Executive VP & General Counsel

      • Tenure: 1.7yrs
      • Compensation: US$4.73m
    • Ryan Hicke (41yo)

      Executive VP & Chief Information Officer

      • Tenure: 1.2yrs
      • Compensation: US$1.68m
    • Leslie Wojcik

      Head of Global Communications

      • Tenure: 2yrs

    Board Members

    • Al West (76yo)

      Chairman & CEO

      • Tenure: 52yrs
      • Compensation: US$2.11m
    • Carmen Romeo (75yo)

      Independent Director

      • Tenure: 40.6yrs
      • Compensation: US$240.25k
    • William Doran (78yo)

      Secretary & Director

      • Tenure: 34.8yrs
      • Compensation: US$568.25k
    • Carl Guarino (61yo)

      Independent Director

      • Tenure: 5.3yrs
      • Compensation: US$240.25k
    • Kathryn McCarthy (70yo)

      Lead Independent Director

      • Tenure: 10yrs
      • Compensation: US$235.25k
    • Sarah Blumenstein (72yo)

      Independent Director

      • Tenure: 18.7yrs
      • Compensation: US$210.25k

    Company Information

    SEI Investments Company's company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: SEI Investments Company
    • Ticker: SEIC
    • Exchange: NasdaqGS
    • Founded: 1968
    • Industry: Asset Management and Custody Banks
    • Sector: Diversified Financials
    • Market Cap: US$9.804b
    • Shares outstanding: 150.26m
    • Website: https://www.seic.com

    Number of Employees


    Location

    • SEI Investments Company
    • 1 Freedom Valley Drive
    • Oaks
    • Pennsylvania
    • 19456
    • United States

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    SEICNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDMar 1981
    SI3DB (Deutsche Boerse AG)YesCommon StockDEEURMar 1981
    SEIC *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNMar 1981

    Biography

    SEI Investments Company is a publicly owned asset management holding company. Through its subsidiaries, the firm provides wealth management, retirement and investment solutions, asset management, asset administration, investment processing outsourcing solutions, financial services, and investment advisory services to its clients. It provides its services to private banks, independent financial advisers, institutional investors, investment managers, investment advisors, wealth management organizations, corporations, retirement scheme sponsors, not-for-profit organizations, hedge fund managers, registered investment advisers, independent broker-dealers, financial planners, life insurance agents, defined-benefit schemes, defined-contribution schemes, endowments, foundations, and board-designated fund, through its subsidiaries. Through its subsidiaries, the firm manages separate client-focused portfolios. It also launches and manages equity, fixed income, and balanced mutual funds, through its subsidiaries. Through its subsidiaries, the firm invests in public equity and fixed income markets. It employs fundamental and quantitative analysis with a focus on top-down and bottom-up analysis to make its investments, through its subsidiaries. SEI Investments Company was founded in 1968 and is based in Oaks, Pennsylvania. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/23 23:51
    End of Day Share Price2020/01/23 00:00
    Earnings2019/09/30
    Annual Earnings2018/12/31


    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 here.