Market Cap
US$2.0b
Last Updated
2019/12/08 00:51 UTC
Data Sources
Company Financials +
Executive Summary
Moelis & Company, an investment bank, provides strategic and financial advisory services in the United States and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record and undervalued.
Similar Companies
Share Price & News
How has Moelis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.7%
MC
0.8%
US Capital Markets
0.03%
US Market
1 Year Return
-10.8%
MC
20.1%
US Capital Markets
18.6%
US Market
Return vs Industry: MC underperformed the US Capital Markets industry which returned 20.1% over the past year.
Return vs Market: MC underperformed the US Market which returned 18.6% over the past year.
Shareholder returns
| MC | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.7% | 0.8% | 0.03% |
| 30 Day | -1.9% | 4.8% | 1.7% |
| 90 Day | 1.7% | 7.7% | 5.7% |
| 1 Year | -3.2%-10.8% | 22.4%20.1% | 21.1%18.6% |
| 3 Year | 51.5%15.6% | 39.5%31.6% | 45.6%36.2% |
| 5 Year | 53.6%4.5% | 84.0%66.9% | 71.1%52.3% |
Price Volatility Vs. Market
How volatile is Moelis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's What Moelis & Company's (NYSE:MC) P/E Ratio Is Telling Us1 month ago | Simply Wall St
It Might Be Better To Avoid Moelis & Company's (NYSE:MC) Upcoming 1.4% Dividend1 month ago | Simply Wall St
With EPS Growth And More, Moelis (NYSE:MC) Is InterestingValuation
Is Moelis undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MC ($34.5) is trading below our estimate of fair value ($76.02)
Significantly Below Fair Value: MC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MC is good value based on its PE Ratio (13.9x) compared to the Capital Markets industry average (33.2x).
PE vs Market: MC is good value based on its PE Ratio (13.9x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: MC is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: MC is good value based on its PB Ratio (4.1x) compared to the US Capital Markets industry average (6.3x).
Next Steps
Future Growth
How is Moelis forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
11.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MC's forecast earnings growth (11.4% per year) is above the savings rate (1.7%).
Earnings vs Market: MC's earnings (11.4% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: MC's earnings are forecast to grow, but not significantly.
Revenue vs Market: MC's revenue (10.2% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: MC's revenue (10.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MC's Return on Equity is forecast to be very high in 3 years time (50.8%).
Next Steps
Past Performance
How has Moelis performed over the past 5 years?
41.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MC has high quality earnings.
Growing Profit Margin: MC's current net profit margins (16.1%) are higher than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: MC's earnings have grown significantly by 41.2% per year over the past 5 years.
Accelerating Growth: MC's earnings growth over the past year (60.3%) exceeds its 5-year average (41.2% per year).
Earnings vs Industry: MC earnings growth over the past year (60.3%) exceeded the Capital Markets industry 20.6%.
Return on Equity
High ROE: MC's Return on Equity (45.1%) is considered outstanding.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Moelis'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: MC has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if MC's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: MC's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if MC has a sufficient allowance for bad loans.
Low Risk Liabilities: MC reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if MC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: MC has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if MC has an appropriate level of bad loans.
Next Steps
Dividend
What is Moelis's current dividend yield, its reliability and sustainability?
9.42%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: MC's dividend (9.42%) is higher than the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: MC's dividend (9.42%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: MC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MC's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.4%), MC's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MC's dividends in 3 years are not forecast to be well covered by earnings (110.9% payout ratio).
Next Steps
Management
What is the CEO of Moelis's salary, the management and board of directors tenure and is there insider trading?
4.9yrs
Average management tenure
CEO
Ken Moelis (60yo)
12.9yrs
Tenure
US$8,800,528
Compensation
Mr. Kenneth David Moelis, also known as Ken, is Founder, Chairman and Chief Executive Officer of Moelis & Company, a global independent investment bank that provides innovative strategic advice and solutio ...
CEO Compensation Analysis
Compensation vs Market: Ken's total compensation ($USD8.80M) is above average for companies of similar size in the US market ($USD3.87M).
Compensation vs Earnings: Ken's compensation has increased by more than 20% in the past year.
Management Age and Tenure
4.9yrs
Average Tenure
53yo
Average Age
Experienced Management: MC's management team is considered experienced (4.9 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
58yo
Average Age
Experienced Board: MC's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: MC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Co-Founder |
| Shares | 73,359 |
| Max Price | US$35.03 |
| Entity | Individual |
| Role | Member of the Board of Directors Co-Founder |
| Shares | 73,359 |
| Max Price | US$34.35 |
| Entity | Individual |
| Role | Chief Accounting Officer Principal Accounting Officer |
| Shares | 4,797 |
| Max Price | US$36.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Founding Partner |
| Shares | 10,000 |
| Max Price | US$32.19 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.
Management Team
Elizabeth Crain (54yo)
Founding Partner
- Tenure: 1.4yrs
- Compensation: US$2.47m
John Momtazee
Founding Partner & MD of Los Angeles
- Tenure: 0yrs
Ken Moelis (60yo)
Chairman & CEO
- Tenure: 12.9yrs
- Compensation: US$8.80m
Navid Mahmoodzadegan (50yo)
Co-Founder
- Tenure: 5.7yrs
- Compensation: US$8.81m
Jeff Raich (52yo)
Co-Founder
- Tenure: 5.7yrs
- Compensation: US$6.85m
Joe Simon (60yo)
Chief Financial Officer
- Tenure: 9.9yrs
- Compensation: US$2.16m
Eric Cantor (56yo)
Vice Chairman
- Tenure: 5.3yrs
Michele Miyakawa (49yo)
Managing Director
- Tenure: 4.9yrs
Kate Ciafone
MD & COO of Investment Banking
- Tenure: 0.9yrs
Christopher Callesano (46yo)
Principal Accounting Officer
- Tenure: 3.3yrs
Board Members
Elizabeth Crain (54yo)
Founding Partner
- Tenure: 1.4yrs
- Compensation: US$2.47m
John Allison (71yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$119.73k
Ken Moelis (60yo)
Chairman & CEO
- Tenure: 12.9yrs
- Compensation: US$8.80m
Ken Shropshire (64yo)
Independent Director
- Tenure: 5.4yrs
- Compensation: US$119.80k
Navid Mahmoodzadegan (50yo)
Co-Founder
- Tenure: 5.7yrs
- Compensation: US$8.81m
Jeff Raich (52yo)
Co-Founder
- Tenure: 5.7yrs
- Compensation: US$6.85m
Eric Cantor (56yo)
Vice Chairman
- Tenure: 5.3yrs
Charles Allen
Advisory Chairman
- Tenure: 0yrs
Yolonda Richardson (60yo)
Independent Director
- Tenure: 0.9yrs
Company Information
Moelis & Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Moelis & Company
- Ticker: MC
- Exchange: NYSE
- Founded: 2007
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$2.036b
- Market Cap: US$1.612b
- Shares outstanding: 62.31m
- Website: https://www.moelis.com
Number of Employees
Location
- Moelis & Company
- 399 Park Avenue
- 5th Floor
- New York
- New York
- 10022
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MC | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Apr 2014 |
| 17M | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Apr 2014 |
Biography
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, recapitalizat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 00:51 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.