Motorola Solutions
Market Cap
US$29.3b
Last Updated
2019/10/21 23:39 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
Fundamentals
Acceptable track record second-rate dividend payer.
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
Market Performance
7 Day Return
5.2%
MSI
2.9%
US Communications
1.0%
US Market
1 Year Return
43.1%
MSI
1.6%
US Communications
8.0%
US Market
Return vs Industry: MSI exceeded the US Communications industry which returned 1.6% over the past year.
Return vs Market: MSI exceeded the US Market which returned 8% over the past year.
Shareholder returns
| MSI | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.2% | 2.9% | 1.0% |
| 30 Day | 5.9% | -3.0% | -0.07% |
| 90 Day | 3.1% | -14.9% | -1.0% |
| 1 Year | 45.3%43.1% | 3.9%1.6% | 10.4%8.0% |
| 3 Year | 150.1%136.3% | 53.0%43.2% | 46.2%36.7% |
| 5 Year | 210.2%180.3% | 96.6%75.2% | 64.3%46.2% |
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 month ago | Simply Wall St
Is Motorola Solutions, Inc. (NYSE:MSI) An Attractive Dividend Stock?2 months ago | Simply Wall St
Should You Like Motorola Solutions, Inc.’s (NYSE:MSI) High Return On Capital Employed?2 months ago | Simply Wall St
Does This Valuation Of Motorola Solutions, Inc. (NYSE:MSI) Imply Investors Are Overpaying?Valuation
Is Motorola Solutions undervalued compared to its fair value and its price relative to the market?
28.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MSI ($176.01) is trading above our estimate of fair value ($152.13)
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 (28.1x) compared to the Communications industry average (29.3x).
PE vs Market: MSI is poor value based on its PE Ratio (28.1x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: MSI is poor value based on its PEG Ratio (2.5x)
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 12 analysts?
11.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MSI's forecast earnings growth (11.4% per year) is above the savings rate (2.7%).
Earnings vs Market: MSI's earnings (11.4% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: MSI's earnings are forecast to grow, but not significantly.
Revenue vs Market: MSI's revenue (4.4% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: MSI's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MSI's Return on Equity is forecast to be very high in 3 years time (594.2%).
Next Steps
Past Performance
How has Motorola Solutions performed over the past 5 years?
25.7%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: MSI's earnings have grown significantly by 25.7% per year over the past 5 years.
Accelerating Growth: MSI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MSI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Communications industry (23.8%).
Return on Equity
High ROE: MSI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
ROA vs Industry: MSI has a higher Return on Assets than the Communications industry average last year.
Return on Capital Employed
ROCE Improving: MSI has significantly improved its Return on Capital Employed over the past 3 years.
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 (31.1%).
Interest Coverage: MSI's interest payments on its debt are well covered by EBIT (7.1x coverage).
Balance Sheet
Inventory Level: MSI has a low level of unsold assets or inventory.
Debt Coverage by Assets: MSI has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Next Steps
Dividend
What is Motorola Solutions's current dividend yield, its reliability and sustainability?
1.30%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: MSI's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MSI's dividend (1.3%) is low compared to the top 25% of dividend payers in the US market (3.68%).
Stable Dividend: MSI's dividend payments have been volatile in the past 10 years.
Growing Dividend: MSI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (35.6%), MSI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MSI's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).
Next Steps
Management
What is the CEO of Motorola Solutions's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Greg Brown (59yo)
8.4yrs
Tenure
US$20,348,558
Compensation
Mr. Gregory Q. Brown, also known as Greg, has been the Chief Executive Officer of Motorola Solutions, Inc. since May 3, 2011. Mr. Brown has been an Executive Director of Motorola Solutions, Inc., since Jul ...
CEO Compensation Analysis
Compensation vs. Market: Greg's total compensation ($USD20.35M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.5yrs
Average Tenure
47yo
Average Age
Experienced Management: MSI's management team is considered experienced (3.5 years average tenure).
Board Age and Tenure
4.5yrs
Average Tenure
60yo
Average Age
Experienced Board: MSI's board of directors are considered experienced (4.5 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Financial Officer Executive VP & CFO |
| Shares | 1,429 |
| Max Price | US$156.80 |
| Entity | Individual |
| Shares | 1,708 |
| Max Price | US$150.83 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 21,600 |
| Max Price | US$147.66 |
| Entity | Individual |
| Role | Head of Corporate Communications Senior VP and Chief of Staff |
| Shares | 999 |
| Max Price | US$139.87 |
| Entity | Individual |
| Role | Head of Corporate Communications Senior VP and Chief of Staff |
| Shares | 735 |
| Max Price | US$124.70 |
| Entity | Individual |
| Role | Chief Accounting Officer Corporate VP & Chief Accounting Officer |
| Shares | 117 |
| Max Price | US$123.13 |
Ownership Breakdown
Management Team
Greg Brown (59yo)
Chairman & CEO
- Tenure: 8.4yrs
- Compensation: US$20.35m
Kelly Mark (47yo)
Executive Vice President of Services & Software
- Tenure: 8.8yrs
- Compensation: US$2.12m
Chris Kutsor
Vice President of Investor Relations
- Tenure: 0yrs
Mahesh Saptharishi
Chief Technology Officer
- Tenure: 0.6yrs
Gino Bonanotte (54yo)
Executive VP & CFO
- Tenure: 5.9yrs
- Compensation: US$4.85m
Manuel Cuevas-Trisán
Chief Human Resources Officer and Corporate VP of Employment Law & Data Protection
- Tenure: 0yrs
Mark Hacker (47yo)
Executive VP
- Tenure: 4.8yrs
- Compensation: US$3.69m
Jack Molloy (47yo)
Executive Vice President of Products & Sales
- Tenure: 2.3yrs
- Compensation: US$4.08m
Cynthia Yazdi (54yo)
Senior VP and Chief of Staff
- Tenure: 1.2yrs
Dan Pekofske (43yo)
Corporate VP & Chief Accounting Officer
- Tenure: 1.1yrs
Board Members
Egon Durban (46yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$290.34k
Greg Mondre (45yo)
Independent Director
- Tenure: 4.2yrs
- Compensation: US$300.43k
Joe Tucci (72yo)
Independent Director
- Tenure: 2.4yrs
- Compensation: US$290.06k
Ken Denman (60yo)
Lead Independent Director
- Tenure: 0.8yrs
- Compensation: US$301.31k
Greg Brown (59yo)
Chairman & CEO
- Tenure: 8.4yrs
- Compensation: US$20.35m
Judy Lewent (70yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$315.06k
Clay Jones (70yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$300.06k
Anne Pramaggiore (60yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$310.30k
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$29.315b
- Shares outstanding: 166.56m
- 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 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
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 | 2019/10/21 23:39 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/29 |
| 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.