Moelis
Moelis & Company, an investment bank, provides strategic and financial advisory services in the United States and internationally. The last earnings update was 22 days ago. More info.
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MC Share Price and Events
7 Day Returns
1 Year Returns
MC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Moelis (MC) | -2.3% | -7.4% | 25.1% | -17.6% | 53.3% | - |
| US Capital Markets | 2.4% | 0.6% | 12.7% | -11.9% | 57% | 59.3% |
| US Market | 1.2% | 2.1% | 14.6% | 3% | 39% | 43.5% |
1 Year Return vs Industry and Market
- MC underperformed the Capital Markets industry which returned -11.9% over the past year.
- MC underperformed the Market in United States of America which returned 3% over the past year.
Value
Is Moelis undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Moelis
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Moelis.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity = $6.76 * 57.3% |
$3.88 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 4 analysts. | $6.76 |
| Discount Rate (Cost of Equity) | See below | 7.6% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Capital Markets Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 21%) (0%)) |
0.818 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.82 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.818 * 5.96%) |
7.6% |
Discounted Cash Flow Calculation for NYSE:MC using Excess Returns Model Model
The calculations below outline how an intrinsic value for Moelis is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (57.3% – 7.6%) * $6.76) |
$3.36 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $3.36 / (7.6% - 2.73%) |
$68.98 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $6.76 + $68.98 |
$75.75 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $75.75 |
| Current discount | Discount to share price of
$41.90
= -1 x ($41.90 - $75.75) / $75.75 |
44.7% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Moelis's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Moelis's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Moelis's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Moelis's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $3.08 |
| NYSE:MC Share Price ** | NYSE (2019-03-20) in USD | $41.9 |
| United States of America Capital Markets Industry PE Ratio | Median Figure of 76 Publicly-Listed Capital Markets Companies | 25.13x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Moelis.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:MC Share Price ÷ EPS (both in USD) = 41.9 ÷ 3.08 |
13.58x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Moelis is good value based on earnings compared to the US Capital Markets industry average.
- Moelis is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Moelis's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 13.58x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts |
14%per year |
| United States of America Capital Markets Industry PEG Ratio | Median Figure of 33 Publicly-Listed Capital Markets Companies | 2.17x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 13.58x ÷ 14% |
0.97x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Moelis is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Moelis's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $8.87 |
| NYSE:MC Share Price * | NYSE (2019-03-20) in USD | $41.9 |
| United States of America Capital Markets Industry PB Ratio | Median Figure of 149 Publicly-Listed Capital Markets Companies | 4.83x |
| United States of America Market PB Ratio | Median Figure of 5,156 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:MC Share Price ÷ Book Value per Share (both in USD) = 41.9 ÷ 8.87 |
4.73x |
* Primary Listing of Moelis.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Moelis is good value based on assets compared to the US Capital Markets industry average.
Value checks
We assess Moelis's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Moelis has a total score of 6/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Moelis expected to perform in the next 1 to 3 years based on estimates from 9 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Moelis's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Moelis's earnings growth is positive but not above the United States of America market average.
- Moelis's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:MC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts | 14% |
| NYSE:MC Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts | 8% |
| United States of America Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 6.4% |
| United States of America Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 3.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 1,119 | 2 | ||
| 2020-12-31 | 1,052 | 188 | 8 | |
| 2019-12-31 | 974 | 175 | 8 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 886 | 391 | 141 |
| 2018-09-30 | 817 | 330 | 77 |
| 2018-06-30 | 779 | 231 | 63 |
| 2018-03-31 | 731 | 266 | 47 |
| 2017-12-31 | 685 | 233 | 29 |
| 2017-09-30 | 720 | 273 | 69 |
| 2017-06-30 | 701 | 290 | 60 |
| 2017-03-31 | 660 | 257 | 47 |
| 2016-12-31 | 613 | 232 | 38 |
| 2016-09-30 | 584 | 199 | 34 |
| 2016-06-30 | 585 | 185 | 35 |
| 2016-03-31 | 579 | 180 | 35 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
All data from Moelis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 3.11 | 3.11 | 3.11 | 1.00 |
| 2020-12-31 | 3.17 | 3.44 | 2.90 | 2.00 |
| 2019-12-31 | 3.05 | 3.29 | 2.80 | 2.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 3.08 |
| 2018-09-30 | 1.68 |
| 2018-06-30 | 1.55 |
| 2018-03-31 | 1.19 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 2.08 |
| 2017-06-30 | 2.16 |
| 2017-03-31 | 1.75 |
| 2016-12-31 | 1.87 |
| 2016-09-30 | 1.65 |
| 2016-06-30 | 1.68 |
| 2016-03-31 | 1.70 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Moelis's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Moelis has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Moelis performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Moelis has delivered over 20% year on year earnings growth in the past 5 years.
- Moelis's 1-year earnings growth exceeds its 5-year average (378.5% vs 21.8%)
- Moelis's earnings growth has exceeded the US Capital Markets industry average in the past year (378.5% vs 34.2%).
Earnings and Revenue History
All data from Moelis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 885.84 | 140.68 | 558.13 | |
| 2018-09-30 | 816.71 | 76.65 | 518.09 | |
| 2018-06-30 | 779.03 | 63.41 | 495.13 | |
| 2018-03-31 | 730.78 | 47.45 | 464.74 | |
| 2017-12-31 | 684.62 | 29.40 | 438.44 | |
| 2017-09-30 | 720.06 | 69.25 | 457.33 | |
| 2017-06-30 | 700.69 | 59.53 | 443.70 | |
| 2017-03-31 | 660.27 | 46.70 | 421.85 | |
| 2016-12-31 | 613.37 | 38.39 | 392.16 | |
| 2016-09-30 | 583.55 | 33.90 | 375.23 | |
| 2016-06-30 | 584.67 | 34.50 | 375.51 | |
| 2016-03-31 | 578.82 | 34.74 | 366.04 | |
| 2015-12-31 | 551.86 | 33.10 | 347.20 | |
| 2015-09-30 | 520.97 | 32.06 | 318.37 | |
| 2015-06-30 | 497.83 | 28.47 | 289.01 | |
| 2015-03-31 | 503.65 | 2.32 | 288.10 | |
| 2014-12-31 | 518.75 | -3.01 | 302.55 | |
| 2014-09-30 | 529.15 | 21.42 | 325.56 | |
| 2014-06-30 | 499.23 | 29.37 | 331.71 | |
| 2014-03-31 | 466.06 | 69.51 | 319.84 | |
| 2013-12-31 | 411.39 | 70.23 | 292.13 | |
| 2013-09-30 | 383.40 | 62.38 | 274.69 | |
| 2012-12-31 | 385.87 | 35.22 | 302.76 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Moelis made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
- Moelis used its assets more efficiently than the US Capital Markets industry average last year based on Return on Assets.
- Unable to establish if Moelis improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Past performance checks
We assess Moelis's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Moelis has a total score of 5/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Moelis's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Moelis's finances.
The net worth of a company is the difference between its assets and liabilities.
- Moelis is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Moelis's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Moelis has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Moelis Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 371.75 | 0.00 | 261.10 |
| 2018-09-30 | 326.95 | 0.00 | 86.89 |
| 2018-06-30 | 353.11 | 0.00 | 132.87 |
| 2018-03-31 | 300.18 | 0.00 | 130.99 |
| 2017-12-31 | 344.26 | 0.00 | 213.19 |
| 2017-09-30 | 347.07 | 0.00 | 127.60 |
| 2017-06-30 | 271.24 | 0.00 | 179.88 |
| 2017-03-31 | 273.20 | 0.00 | 156.33 |
| 2016-12-31 | 251.44 | 0.00 | 318.93 |
| 2016-09-30 | 262.52 | 0.00 | 202.61 |
| 2016-06-30 | 227.64 | 0.00 | 113.13 |
| 2016-03-31 | 204.92 | 0.00 | 90.55 |
| 2015-12-31 | 257.42 | 0.00 | 248.02 |
| 2015-09-30 | 222.57 | 0.00 | 87.84 |
| 2015-06-30 | 193.18 | 0.00 | 127.64 |
| 2015-03-31 | 162.28 | 0.00 | 97.86 |
| 2014-12-31 | 174.39 | 0.00 | 197.94 |
| 2014-09-30 | 174.69 | 0.00 | 142.10 |
| 2014-06-30 | 150.96 | 0.00 | 158.01 |
| 2014-03-31 | 283.82 | 0.00 | 263.37 |
| 2013-12-31 | 309.37 | 0.00 | 303.02 |
| 2013-09-30 | 262.96 | 0.00 | 160.85 |
| 2012-12-31 | 260.11 | 0.00 | 185.62 |
- Moelis has no debt.
- Moelis has not taken on any debt in the past 5 years.
- Moelis has no debt, it does not need to be covered by operating cash flow.
- Moelis has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Moelis's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Moelis has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Moelis's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Moelis
shares you are expected to receive
$227
in your first year as a dividend.
Dividend Amount
- Moelis's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).
- Moelis's dividend is above the markets top 25% of dividend payers in United States of America (3.64%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 9 Analyst Estimates (S&P Global) | See Below |
| United States of America Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 43 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 2.73 | 2.00 |
| 2020-12-31 | 3.44 | 6.00 |
| 2019-12-31 | 3.47 | 6.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-06 | 4.750 | 10.617 |
| 2018-10-31 | 4.880 | 12.426 |
| 2018-10-22 | 4.880 | 11.733 |
| 2018-07-27 | 4.880 | 8.664 |
| 2018-07-23 | 4.880 | 7.718 |
| 2018-05-03 | 4.380 | 7.307 |
| 2018-04-23 | 4.380 | 8.119 |
| 2018-02-07 | 4.380 | 8.434 |
| 2017-11-02 | 2.480 | 5.177 |
| 2017-10-25 | 2.480 | 5.797 |
| 2017-08-02 | 2.480 | 6.090 |
| 2017-07-24 | 2.480 | 6.054 |
| 2017-04-25 | 2.730 | 7.207 |
| 2016-12-14 | 2.730 | 7.600 |
| 2016-11-03 | 1.280 | 4.522 |
| 2016-10-26 | 1.280 | 5.058 |
| 2016-08-05 | 1.280 | 4.917 |
| 2016-08-03 | 1.280 | 4.917 |
| 2016-05-05 | 1.200 | 4.737 |
| 2016-04-27 | 1.200 | 4.298 |
| 2015-10-29 | 2.000 | 7.397 |
| 2015-07-29 | 1.200 | 4.294 |
| 2015-05-08 | 0.800 | 2.755 |
| 2015-04-29 | 0.800 | 2.873 |
| 2014-10-29 | 0.800 | 2.510 |
| 2014-07-30 | 0.800 | 2.385 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Moelis has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Dividend payments have increased, but Moelis only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of
Moelis's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.6x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
Income/ dividend checks
We assess Moelis's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Moelis afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Moelis has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $6,484,808 |
| AGE | 59 |
| TENURE AS CEO | 12.2 years |
CEO Bio
Mr. Kenneth D. Moelis, also known as Ken, is Founder, Chairman and Chief Executive Officer of Moelis & Company, a global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. Mr. Moelis has over 30 years of investment banking experience. Prior to founding Moelis & Company, he worked at UBS from 2001 to 2007, where he was most recently President of UBS Investment Bank and previously Joint Global Head of Investment Banking. Before joining UBS, Mr. Moelis was Head of Corporate Finance at Donaldson, Lufkin & Jenrette, where he worked from 1990 through 2000. Mr. Moelis serves on the University of Pennsylvania Board of Trustees, the Wharton Board of Overseers, the Ronald Reagan UCLA Medical Center Board of Advisors and was formerly Chair and Director on the Tourette Association of America Board. He holds an undergraduate degree and an M.B.A. from the Wharton School at the University of Pennsylvania.
CEO Compensation
- Ken's compensation has been consistent with company performance over the past year.
- Ken's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Moelis management team in years:
- The average tenure for the Moelis management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Ken Moelis
Chairman & CEO
$6M
59
12.2 yrs
Navid Mahmoodzadegan
Co-Founder
$6M
49
3.5 yrs
Jeff Raich
Co-Founder
$6M
51
3.5 yrs
Joe Simon
Chief Financial Officer
$2M
59
9.2 yrs
Elizabeth Crain
Founding Partner
$2M
53
12.2 yrs
Eric Cantor
Vice Chairman
55
4.5 yrs
John Momtazee
Founding Partner & MD of Los Angeles
Christopher Callesano
Principal Accounting Officer
45
2.6 yrs
Roger Wood
Managing Director of New York
Osamu Watanabe
Chief Compliance Officer
57
8.2 yrs
Board of Directors Tenure
Average tenure and age of the Moelis board of directors in years:
- The tenure for the Moelis board of directors is about average.
Board of Directors
Ken Moelis
Chairman & CEO
$6M
59
12.2 yrs
Navid Mahmoodzadegan
Co-Founder
$6M
49
4.9 yrs
Jeff Raich
Co-Founder
$6M
51
4.9 yrs
Elizabeth Crain
Founding Partner
$2M
53
0.7 yrs
Eric Cantor
Vice Chairman
55
4.5 yrs
Ken Shropshire
Director
$120K
63
4.7 yrs
Charles Allen
Advisory Chairman
John Allison
Director
$121K
70
3.4 yrs
Yolonda Richardson
Independent Director
0.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 17. Aug 18 | Sell | Kenneth Shropshire | Individual | 15. Aug 18 | 15. Aug 18 | -1,500 | $57.85 | $-86,775 | ||
| 07. May 18 | Sell | Elizabeth Crain | Individual | 07. May 18 | 07. May 18 | -4,535 | $54.89 | $-248,945 | ||
| 01. May 18 | Sell | Osamu Watanabe | Individual | 30. Apr 18 | 30. Apr 18 | -2,311 | $53.76 | $-124,242 | ||
Management checks
We assess Moelis's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Moelis has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Read This Before You Buy Moelis & Company (NYSE:MC) Because Of Its P/E Ratio
We'll show how you can use Moelis & Company's (NYSE:MC) P/E ratio to inform your assessment of the investment opportunity. … Moelis has a price to earnings ratio of 14.27, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleWant To Invest In Moelis & Company (NYSE:MC) Today? Read This First
Help shape the future of investing tools and receive a $20 prize! … However its last closing price of $45 left investors wondering whether this growth has already been factored into the share price. … Let’s take a look at some key metrics to determine whether there's any value here for current and potential future investors.
Simply Wall St - – Full articleWhy I Like Moelis & Company (NYSE:MC)
Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … In the case of Moelis & Company (NYSE:MC), there's
Simply Wall St - – Full articleInvestors Are Undervaluing Moelis & Company (NYSE:MC) By 19.05%
Understanding these differences is crucial when it comes to putting a value on the financial stock. … For instance, these businesses must hold a certain level of cash reserves on the books as a safety precaution.
Simply Wall St - – Full articleHave Insiders Been Selling Moelis & Company (NYSE:MC) Shares This Year?
Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … All up, insiders sold more shares in Moelis than they bought, over the last year … However, we do note that the average sale price was significantly higher than the current share price (which is US$33.48).
Simply Wall St - – Full articleDon't Sell Moelis & Company (NYSE:MC) Before You Read This
To keep it practical, we'll show how Moelis & Company's (NYSE:MC) P/E ratio could help you assess the value on offer. … Moelis has a price to earnings ratio of 23.1, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Simply Wall St - – Full articleIs Moelis & Company (NYSE:MC) Potentially Undervalued?
saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $63.6 and falling to the lows of $39.65. … A question to answer is whether Moelis's current trading price of $43.19 reflective of the actual value of the? … Let’s take a look at Moelis’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change
Simply Wall St - – Full articleA Holistic Look At Moelis & Company (NYSE:MC)
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.
Simply Wall St - – Full articleShould You Be Tempted To Sell Moelis & Company (NYSE:MC) At Its Current PE Ratio?
and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Although some investors may see this as unappealing, it is important to understand the assumptions behind the P/E ratio before making judgments. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio
Simply Wall St - – Full articleHow Has Moelis & Company's (NYSE:MC) Performed Against The Industry?
Measuring Moelis & Company's (NYSE:MC) track record of past performance is an insightful exercise for investors. … Below, I will assess MC's recent performance announced on 30 June 2018 and compare these figures to its historical trend and industry movements. … MC's trailing twelve-month earnings (from 30 June 2018) of US$63.41m has
Simply Wall St - – Full articleCompany Info
Description
Moelis & Company, an investment bank, provides strategic and financial advisory services in the United States and internationally. It advises clients in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets advisory, and other corporate finance matters. The company offers its services to public multinational corporations, governments, financial sponsors, middle market private companies, and individual entrepreneurs. It has strategic alliances with Sumitomo Mitsui Banking Corporation and SMBC Nikko Securities Inc.; and Alfaro, Dávila y Scherer, S.C. Moelis & Company was founded in 2007 and is headquartered in New York, New York.
Details
| Name: | Moelis & Company |
| MC | |
| Exchange: | NYSE |
| Founded: | 2007 |
| $2,508,200,376 | |
| $1,909,091,516 | |
| 58,616,508 | |
| Website: | http://www.moelis.com |
| Address: |
Moelis & Company 399 Park Avenue, 5th Floor, New York, New York, 10022, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | MC | Class A Common Stock | New York Stock Exchange | US | USD | 16. Apr 2014 | |
| DB | 17M | Class A Common Stock | Deutsche Boerse AG | DE | EUR | 16. Apr 2014 |
Number of employees
Current staff
Industry
| Investment Banking and Brokerage | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/21 00:48 |
| End of day share price update: | 2019/03/20 00:00 |
| Last estimates confirmation: | 2019/03/13 |
| Last earnings filing: | 2019/02/27 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
