Motorola Solutions
Market Cap
US$24.3b
Last Updated
2020/08/12 00:19 UTC
Data Sources
Company Financials +
Executive Summary
Motorola Solutions, Inc. provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally.
Snowflake Analysis
Second-rate dividend payer with imperfect balance sheet.
Similar Companies
Share Price & News
How has Motorola Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MSI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
3.3%
MSI
0.3%
US Communications
1.2%
US Market
1 Year Return
-16.5%
MSI
-5.8%
US Communications
16.8%
US Market
Return vs Industry: MSI underperformed the US Communications industry which returned -5.8% over the past year.
Return vs Market: MSI underperformed the US Market which returned 16.8% over the past year.
Shareholder returns
| MSI | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 0.3% | 1.2% |
| 30 Day | 9.0% | 4.4% | 4.9% |
| 90 Day | 12.2% | 14.4% | 20.0% |
| 1 Year | -15.1%-16.5% | -3.3%-5.8% | 19.3%16.8% |
| 3 Year | 70.8%62.0% | 43.4%33.7% | 43.7%34.4% |
| 5 Year | 141.0%118.6% | 65.6%47.4% | 75.5%56.6% |
Price Volatility Vs. Market
How volatile is Motorola Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
We Like Motorola Solutions' (NYSE:MSI) Returns And Here's How They're Trending3 months ago | Simply Wall St
Do Institutions Own Motorola Solutions, Inc. (NYSE:MSI) Shares?3 months ago | Simply Wall St
Shareholders Are Loving Motorola Solutions, Inc.'s (NYSE:MSI) 1.6% YieldValuation
Is Motorola Solutions undervalued compared to its fair value and its price relative to the market?
28.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSI ($142.87) is trading above our estimate of fair value ($129.24)
Significantly Below Fair Value: MSI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MSI is good value based on its PE Ratio (28.8x) compared to the US Communications industry average (41.6x).
PE vs Market: MSI is poor value based on its PE Ratio (28.8x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: MSI is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: MSI has negative assets, so we can't compare its PB Ratio to the US Communications industry average.
Next Steps
Future Growth
How is Motorola Solutions forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSI's forecast earnings growth (14.8% per year) is above the savings rate (2.2%).
Earnings vs Market: MSI's earnings (14.8% per year) are forecast to grow slower than the US market (24% per year).
High Growth Earnings: MSI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MSI's revenue (5.4% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: MSI's revenue (5.4% 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 MSI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Motorola Solutions performed over the past 5 years?
29.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MSI has a large one-off loss of $448.0M impacting its June 27 2020 financial results.
Growing Profit Margin: MSI's current net profit margins (11%) are lower than last year (13.5%).
Past Earnings Growth Analysis
Earnings Trend: MSI has become profitable over the past 5 years, growing earnings by 29.9% per year.
Accelerating Growth: MSI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MSI had negative earnings growth (-18%) over the past year, making it difficult to compare to the Communications industry average (-29.6%).
Return on Equity
High ROE: MSI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Motorola Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSI's debt is well covered by operating cash flow (32.8%).
Interest Coverage: MSI's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Motorola Solutions's current dividend yield, its reliability and sustainability?
1.79%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MSI's dividend (1.79%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: MSI's dividend (1.79%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MSI has been paying a dividend for less than 10 years.
Growing Dividend: MSI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.1%), MSI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSI's dividends in 3 years are forecast to be well covered by earnings (33.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Greg Brown (60 yo)
9.25yrs
Tenure
US$23,619,990
Compensation
Mr. Gregory Q. Brown, also known as Greg, has been the Chief Executive Officer of Motorola Solutions, Inc. since May 3, 2011. Mr. Brown has been an Executive Director of Motorola Solutions, Inc., since Jul ...
CEO Compensation Analysis
Compensation vs Market: Greg's total compensation ($USD23.62M) is above average for companies of similar size in the US market ($USD11.35M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.25yrs | US$23.62m | 0.26% $ 63.0m | |
| Executive VP | 5.58yrs | US$4.30m | 0.0065% $ 1.6m | |
| Executive Vice President of Products & Sales | 3.08yrs | US$5.34m | 0.020% $ 4.9m | |
| Executive Vice President of Software & Services | 9.58yrs | US$3.33m | 0.015% $ 3.6m | |
| Executive Officer | 0.083yr | US$5.62m | 0.030% $ 7.4m | |
| Executive VP & CFO | 0.083yr | no data | 0.0050% $ 1.2m | |
| Corporate VP & Chief Accounting Officer | 1.92yrs | no data | 0.0018% $ 431.8k | |
| Chief Technology Officer | 1.42yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Senior VP and Chief of Staff | 2yrs | no data | 0.0035% $ 839.3k | |
| Chief Human Resources Officer and Corporate VP of Employment Law & Data Protection | no data | no data | no data | |
| Senior Vice President of Business Development | no data | no data | no data |
2.0yrs
Average Tenure
51.5yo
Average Age
Experienced Management: MSI's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 9.25yrs | US$23.62m | 0.26% $ 63.0m | |
| Independent Director | 5yrs | US$290.40k | no data | |
| Independent Director | 5yrs | US$300.26k | 0.000040% $ 9.7k | |
| Independent Director | 3.25yrs | US$290.07k | 0.00085% $ 206.2k | |
| Lead Independent Director | 1.58yrs | US$321.73k | 0.0027% $ 667.1k | |
| Independent Director | 9.58yrs | US$315.07k | 0.021% $ 5.2m | |
| Independent Director | 5.58yrs | US$300.07k | no data |
5.0yrs
Average Tenure
61yo
Average Age
Experienced Board: MSI's board of directors are considered experienced (5 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 been diluted in the past year, with total shares outstanding growing by 2.6%.
Top Shareholders
Company Information
Motorola Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Motorola Solutions, Inc.
- Ticker: MSI
- Exchange: NYSE
- Founded: 1928
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: US$24.257b
- Shares outstanding: 169.79m
- Website: https://www.motorolasolutions.com
Number of Employees
Location
- Motorola Solutions, Inc.
- 500 West Monroe Street
- Suite 4400
- Chicago
- Illinois
- 60661
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MSI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| 0K3H | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1968 |
| MTLA | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Jan 1968 |
| MTLA | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| MOT-U | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Jan 1968 |
| MOSI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Jan 1968 |
| MSI | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH REP 1/5 ORD USD3 | AR | ARS | Sep 2000 | |
| M1SI34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 4 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Motorola Solutions, Inc. provides mission-critical communication solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/12 00:19 |
| End of Day Share Price | 2020/08/11 00:00 |
| Earnings | 2020/06/27 |
| Annual Earnings | 2019/12/31 |
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.