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Moelis

NYSE:MC
Snowflake Description

Very undervalued with flawless balance sheet and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MC
NYSE
$3B
Imp Market Cap
  1. Home
  2. US
  3. Diversified Financials
Company description

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
-2.3%
NYSE:MC
2.4%
US Capital Markets
1.2%
US Market
1 Year Returns
-17.6%
NYSE:MC
-11.9%
US Capital Markets
3%
US Market
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.
Price Volatility
MC
Industry
5yr Volatility vs Market

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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Moelis.

NYSE:MC Discounted Cash Flow Data Sources
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.

Calculation of Discount Rate/ Cost of Equity for NYSE:MC
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.

NYSE:MC Value of Excess Returns
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
NYSE:MC Discount to Share Price
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
Amount off the current price Moelis is available for.
Intrinsic value
45%
Share price is $41.9 vs Future cash flow value of $75.75
Current Discount Checks
For Moelis to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • 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?
Raw Data
NYSE:MC PE (Price to Earnings) Ratio Data Sources
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.

NYSE:MC PE (Price to Earnings) Ratio Calculation
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?
Raw Data
NYSE:MC PEG (Price to Earnings to Growth) Ratio Data Sources
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 .

NYSE:MC PEG (Price to Earnings to Growth) Ratio Calculation
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?
Raw Data
NYSE:MC PB (Price to Book) Ratio Data Sources
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
NYSE:MC PB (Price to Book) Ratio Calculation
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.
X
Value checks
We assess Moelis's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. 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!
Annual Growth Rate
14%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Moelis expected to grow at an attractive rate?
  • 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
Raw Data
NYSE:MC Future Growth Rates Data Sources
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
Raw Data
NYSE:MC Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:MC Future Estimates Data
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
NYSE:MC Past Financials Data
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.

Super high growth metrics
High Growth Checks
  • Moelis's earnings are expected to grow by 14% yearly, however this is not considered high growth (20% yearly).
  • Moelis's revenue is expected to grow by 8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:MC 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.

NYSE:MC Future Estimates Data
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
NYSE:MC Past Financials Data
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.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Moelis is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Moelis's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
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
Below we compare Moelis's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • 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
Moelis's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Moelis Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:MC Past Revenue, Cash Flow and Net Income Data
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.
X
Past performance checks
We assess Moelis's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
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.
Net Worth
  • 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
This treemap shows a more detailed breakdown of Moelis's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • 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.
Raw Data

All data from Moelis Company Filings, last reported 2 months ago.

NYSE:MC Past Debt and Equity Data
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.
X
Financial health checks
We assess Moelis's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Moelis has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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
Dividend payments
11.34%
Current annual income from Moelis dividends. Estimated to be 7.99% next year.
If you bought $2,000 of Moelis shares you are expected to receive $227 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • 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.
Raw Data
NYSE:MC Annualized Past and Future Dividends
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.

NYSE:MC Future Dividends Estimate Data
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
NYSE:MC Past Annualized Dividends Data
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).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Moelis's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. 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)
  7. 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

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ken Moelis
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:

6.3
Average Tenure
54
Average Age
  • 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

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
59
TENURE
12.2 yrs

Navid Mahmoodzadegan

TITLE
Co-Founder
COMPENSATION
$6M
AGE
49
TENURE
3.5 yrs

Jeff Raich

TITLE
Co-Founder
COMPENSATION
$6M
AGE
51
TENURE
3.5 yrs

Joe Simon

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
59
TENURE
9.2 yrs

Elizabeth Crain

TITLE
Founding Partner
COMPENSATION
$2M
AGE
53
TENURE
12.2 yrs

Eric Cantor

TITLE
Vice Chairman
AGE
55
TENURE
4.5 yrs

John Momtazee

TITLE
Founding Partner & MD of Los Angeles

Christopher Callesano

TITLE
Principal Accounting Officer
AGE
45
TENURE
2.6 yrs

Roger Wood

TITLE
Managing Director of New York

Osamu Watanabe

TITLE
Chief Compliance Officer
AGE
57
TENURE
8.2 yrs
Board of Directors Tenure

Average tenure and age of the Moelis board of directors in years:

4.6
Average Tenure
55
Average Age
  • The tenure for the Moelis board of directors is about average.
Board of Directors

Ken Moelis

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
59
TENURE
12.2 yrs

Navid Mahmoodzadegan

TITLE
Co-Founder
COMPENSATION
$6M
AGE
49
TENURE
4.9 yrs

Jeff Raich

TITLE
Co-Founder
COMPENSATION
$6M
AGE
51
TENURE
4.9 yrs

Elizabeth Crain

TITLE
Founding Partner
COMPENSATION
$2M
AGE
53
TENURE
0.7 yrs

Eric Cantor

TITLE
Vice Chairman
AGE
55
TENURE
4.5 yrs

Ken Shropshire

TITLE
Director
COMPENSATION
$120K
AGE
63
TENURE
4.7 yrs

Charles Allen

TITLE
Advisory Chairman

John Allison

TITLE
Director
COMPENSATION
$121K
AGE
70
TENURE
3.4 yrs

Yolonda Richardson

TITLE
Independent Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
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
X
Management checks
We assess Moelis's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. 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 -

Want 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 -

Why 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 -

Investors 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 -

Have 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 -

Don'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 -

Is 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 -

A 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 -

Should 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 -

How 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 -

Company 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
Staff numbers
845
Moelis employees.
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.