StoneX Group
Market Cap
US$1.2b
Last Updated
2021/01/17 23:34 UTC
Data Sources
Company Financials
Executive Summary
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.8% per year for the next 3 years
Snowflake Analysis
Proven track record and fair value.
Similar Companies
Share Price & News
How has StoneX Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SNEX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SNEX's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.0%
SNEX
-0.4%
US Capital Markets
-1.0%
US Market
1 Year Return
18.5%
SNEX
15.7%
US Capital Markets
19.6%
US Market
Return vs Industry: SNEX exceeded the US Capital Markets industry which returned 15.7% over the past year.
Return vs Market: SNEX underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| SNEX | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -0.4% | -1.0% |
| 30 Day | 6.7% | 7.3% | 2.3% |
| 90 Day | 7.1% | 22.0% | 13.1% |
| 1 Year | 18.5%18.5% | 18.6%15.7% | 22.3%19.6% |
| 3 Year | 34.7%34.7% | 31.0%20.9% | 45.3%35.7% |
| 5 Year | 120.3%120.3% | 145.6%114.8% | 124.8%99.8% |
Long-Term Price Volatility Vs. Market
How volatile is StoneX Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Here's Why I Think StoneX Group (NASDAQ:SNEX) Is An Interesting Stock1 month ago | Simply Wall St
What Is The Ownership Structure Like For StoneX Group Inc. (NASDAQ:SNEX)?2 months ago | Simply Wall St
If You Had Bought StoneX Group (NASDAQ:SNEX) Shares Five Years Ago You'd Have Earned 63% ReturnsValuation
Is StoneX Group undervalued compared to its fair value and its price relative to the market?
6.79x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNEX ($59.76) is trading above our estimate of fair value ($34.71)
Significantly Below Fair Value: SNEX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNEX is good value based on its PE Ratio (6.8x) compared to the US Capital Markets industry average (27.1x).
PE vs Market: SNEX is good value based on its PE Ratio (6.8x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: SNEX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SNEX is good value based on its PB Ratio (1.5x) compared to the US Capital Markets industry average (5x).
Next Steps
Future Growth
How is StoneX Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-3.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNEX's earnings are forecast to decline over the next 3 years (-3.8% per year).
Earnings vs Market: SNEX's earnings are forecast to decline over the next 3 years (-3.8% per year).
High Growth Earnings: SNEX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if SNEX's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if SNEX's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SNEX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has StoneX Group performed over the past 5 years?
23.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNEX has a large one-off gain of $70.4M impacting its September 30 2020 financial results.
Growing Profit Margin: SNEX's current net profit margins (0.3%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: SNEX's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: SNEX's earnings growth over the past year (98.1%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: SNEX earnings growth over the past year (98.1%) exceeded the Capital Markets industry 4.9%.
Return on Equity
High ROE: Whilst SNEX's Return on Equity (22.1%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is StoneX Group's financial position?
Financial Position Analysis
Short Term Liabilities: SNEX's short term assets ($13.1B) exceed its short term liabilities ($11.8B).
Long Term Liabilities: SNEX's short term assets ($13.1B) exceed its long term liabilities ($891.3M).
Debt to Equity History and Analysis
Debt Level: SNEX's debt to equity ratio (724.1%) is considered high.
Reducing Debt: SNEX's debt to equity ratio has increased from 290.7% to 724.1% over the past 5 years.
Debt Coverage: SNEX's debt is well covered by operating cash flow (35.1%).
Interest Coverage: Insufficient data to determine if SNEX's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is StoneX Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SNEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SNEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SNEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SNEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SNEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
Sean O'Connor (57 yo)
18.25yrs
Tenure
US$5,834,804
Compensation
Mr. Sean Michael O'Connor has been the Chief Executive Officer of StoneX Group Inc. since joining in October 2002 and its President since October 1, 2015. In December 2002, he was elected to the Board of D...
CEO Compensation Analysis
Compensation vs Market: Sean's total compensation ($USD5.83M) is above average for companies of similar size in the US market ($USD2.41M).
Compensation vs Earnings: Sean's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.25yrs | US$5.83m | 5.98% $ 70.1m | |
| Chief Financial Officer | 11.25yrs | US$3.05m | 0.30% $ 3.5m | |
| Chief Operating Officer | 5.25yrs | US$3.24m | 0.26% $ 3.1m | |
| Chief Executive Officer of Europe | 6yrs | US$3.35m | 0.68% $ 7.9m | |
| Executive Vice President – StoneX Financial Inc. | no data | US$3.35m | 0.24% $ 2.8m | |
| Chief Accounting Officer | 6.08yrs | no data | 0.084% $ 983.5k | |
| Chief Information Officer | 4yrs | no data | no data | |
| Chief Governance & Legal Officer | 0.42yr | no data | 0.0050% $ 59.2k | |
| Director of Public Relations | no data | no data | no data | |
| Head of The Base Metals Business | no data | no data | no data | |
| Head of Debt Capital Markets Capability | 14.33yrs | no data | no data | |
| Head of Foreign Exchange Trading Business - Hong Kong | 13.58yrs | no data | no data |
6.1yrs
Average Tenure
49yo
Average Age
Experienced Management: SNEX's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.25yrs | US$5.83m | 5.98% $ 70.1m | |
| Independent Chairman of the Board | 8.92yrs | US$232.34k | 2.35% $ 27.6m | |
| Independent Non-Executive Director | 15.83yrs | US$201.84k | 0.31% $ 3.6m | |
| Independent Non-Executive Director | 18.08yrs | US$153.13k | 4.33% $ 50.8m | |
| Independent Non-Executive Director | 11.25yrs | US$197.54k | 0.14% $ 1.7m | |
| Independent Non-Executive Director | 11.25yrs | US$203.33k | 0.093% $ 1.1m | |
| Independent Director | 0.92yr | no data | 0.0076% $ 88.6k | |
| Independent Non-Executive Director | 2.33yrs | US$170.69k | 0.018% $ 214.8k | |
| Independent Non-Executive Director | 2.92yrs | US$197.54k | 0.038% $ 444.2k |
11.3yrs
Average Tenure
63yo
Average Age
Experienced Board: SNEX's board of directors are seasoned and experienced ( 11.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SNEX insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.6%.
Top Shareholders
Company Information
StoneX Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: StoneX Group Inc.
- Ticker: SNEX
- Exchange: NasdaqGS
- Founded: 1924
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$1.172b
- Shares outstanding: 19.61m
- Website: https://www.stonex.com
Number of Employees
Location
- StoneX Group Inc.
- 155 East 44th Street
- Suite 900
- New York
- New York
- 10017
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SNEX | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Feb 1995 |
| I4F | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Feb 1995 |
Biography
StoneX Group Inc. operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. Its Commercial segment provides risk manageme...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:34 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.