NasdaqGS:SEIC

Stock Analysis Report

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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

1.8%

SEIC

3.5%

US Capital Markets

2.3%

US Market


1 Year Return

-1.4%

SEIC

5.2%

US Capital Markets

6.7%

US Market

Return vs Industry: SEIC underperformed the US Capital Markets industry which returned 2.5% over the past year.

Return vs Market: SEIC underperformed the US Market which returned 6% over the past year.


Shareholder returns

SEICIndustryMarket
7 Day1.8%3.5%2.3%
30 Day-9.1%-3.6%-0.7%
90 Day8.5%12.1%17.1%
1 Year-0.2%-1.4%7.4%5.2%9.0%6.7%
3 Year3.9%0.4%24.4%17.0%36.7%27.8%
5 Year17.5%11.2%53.8%39.1%65.2%46.9%

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?

7.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SEIC ($55.25) is trading below our estimate of fair value ($60.02)

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


Price To Earnings Ratio

PE vs Industry: SEIC is good value based on its PE Ratio (16.8x) compared to the Capital Markets industry average (33.5x).

PE vs Market: SEIC is poor value based on its PE Ratio (16.8x) compared to the US market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: SEIC is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: SEIC is good value based on its PB Ratio (4.7x) compared to the US Capital Markets industry average (9.3x).

Future Growth

How is SEI Investments forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

7.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SEIC's forecast earnings growth (7.2% per year) is above the savings rate (2.2%).

Earnings vs Market: SEIC's earnings (7.2% per year) are forecast to grow slower than the US market (22.8% per year).

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

Revenue vs Market: SEIC's revenue (4.9% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SEIC's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SEIC's Return on Equity is forecast to be high in 3 years time

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 (29.9%) are higher than last year (29.6%).


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 earnings growth over the past year (3.5%) is below its 5-year average (11.4% per year).

Earnings vs Industry: SEIC earnings growth over the past year (3.5%) underperformed the Capital Markets industry 16.6%.


Return on Equity

High ROE: SEIC's Return on Equity (28.6%) is considered high.

Financial Health

How is SEI Investments's financial position?


Financial Position Analysis

Short Term Liabilities: SEIC's short term assets ($1.2B) exceed its short term liabilities ($207.6M).

Long Term Liabilities: SEIC's short term assets ($1.2B) exceed its long term liabilities ($116.2M).


Debt to Equity History and Analysis

Debt Level: SEIC is debt free.

Reducing Debt: SEIC had no debt 5 years ago.

Debt Coverage: SEIC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SEIC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Dividend

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

1.27%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SEIC's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: SEIC's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (4.6%).


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

17.6yrs

Average management tenure


CEO

Al West (77yo)

52.5yrs

Tenure

US$2,275,583

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Al's total compensation ($USD2.28M) is below average for companies of similar size in the US market ($USD7.31M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Alfred West
Chairman & CEO52.5yrsUS$2.28m13.21% $1.1b
Dennis McGonigle
CFO & Executive VP17.58yrsUS$1.89m0.39% $31.6m
Ryan Hicke
Executive VP & Chief Information Officer1.67yrsUS$2.03m0.0054% $441.4k
Michael Peterson
Executive VP & General Counsel2.17yrsUS$2.36mno data
Stephen Meyer
Executive VP & Head of Global Wealth Management Services14.58yrsUS$3.96m0.083% $6.8m
William Doran
Secretary & Director35.33yrsUS$580.15k0.78% $63.7m
Kathy Heilig
VP, Chief Accounting Officer & Controller21.17yrsno data0.0013% $104.6k
Leslie Wojcik
Head of Global Communications2.5yrsno datano data
Wayne Withrow
Executive VP & Head of Independent Advisor Solutions20.33yrsUS$1.69m0.028% $2.3m
Barry O'Rourke
Managing Directorno datano datano data

17.6yrs

Average Tenure

60yo

Average Age

Experienced Management: SEIC's management team is seasoned and experienced (17.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alfred West
Chairman & CEO52.5yrsUS$2.28m13.21% $1.1b
William Doran
Secretary & Director35.33yrsUS$580.15k0.78% $63.7m
Carmen Romeo
Independent Director41.08yrsUS$252.15k1.98% $162.1m
Carl Guarino
Independent Director5.83yrsUS$252.15k0.020% $1.6m
Kathryn McCarthy
Lead Independent Director10.5yrsUS$247.15k0.048% $3.9m
Sarah Blumenstein
Independent Director19.17yrsUS$222.15k0.0038% $313.9k

27.3yrs

Average Tenure

74.5yo

Average Age

Experienced Board: SEIC's board of directors are seasoned and experienced ( 27.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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$8.173b
  • Shares outstanding: 147.93m
  • 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 Analysis2020/07/08 23:56
End of Day Share Price2020/07/08 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.