company background image
MSI

Motorola SolutionsNYSE:MSI Stock Report

Market Cap

US$40.5b

7D

-0.9%

1Y

58.4%

Updated

23 Sep, 2021

Data

Company Financials +
MSI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends4/6

MSI Overview

Motorola Solutions, Inc. provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally.

Motorola Solutions Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Motorola Solutions
Historical stock prices
Current Share PriceUS$240.21
52 Week HighUS$149.81
52 Week LowUS$246.97
Beta0.78
1 Month Change0.46%
3 Month Change11.40%
1 Year Change58.36%
3 Year Change86.89%
5 Year Change211.11%
Change since IPO575.08%

Recent News & Updates

Shareholder Returns

MSIUS CommunicationsUS Market
7D-0.9%-1.1%-0.5%
1Y58.4%50.9%37.5%

Return vs Industry: MSI exceeded the US Communications industry which returned 46.5% over the past year.

Return vs Market: MSI exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is MSI's price volatile compared to industry and market?
MSI volatility
MSI Beta0.78
Industry Beta0.95
Market Beta1

Stable Share Price: MSI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: MSI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192818,000Greg Brownhttps://www.motorolasolutions.com

Motorola Solutions, Inc. provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, optimization, and integration of systems, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

Motorola Solutions Fundamentals Summary

How do Motorola Solutions's earnings and revenue compare to its market cap?
MSI fundamental statistics
Market CapUS$40.49b
Earnings (TTM)US$1.15b
Revenue (TTM)US$7.89b

35.2x

P/E Ratio

5.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MSI income statement (TTM)
RevenueUS$7.89b
Cost of RevenueUS$4.01b
Gross ProfitUS$3.88b
ExpensesUS$2.73b
EarningsUS$1.15b

Last Reported Earnings

Jul 03, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.81
Gross Margin49.21%
Net Profit Margin14.64%
Debt/Equity Ratio-1,652.6%

How did MSI perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is Motorola Solutions undervalued compared to its fair value and its price relative to the market?

7.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MSI ($240.21) is trading below our estimate of fair value ($259.23)

Significantly Below Fair Value: MSI is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MSI is poor value based on its PE Ratio (35.2x) compared to the US Communications industry average (22.1x).

PE vs Market: MSI is poor value based on its PE Ratio (35.2x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: MSI is poor value based on its PEG Ratio (3.5x)


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.


Future Growth

How is Motorola Solutions forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MSI's forecast earnings growth (10.2% per year) is above the savings rate (2%).

Earnings vs Market: MSI's earnings (10.2% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: MSI's earnings are forecast to grow, but not significantly.

Revenue vs Market: MSI's revenue (5.6% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: MSI's revenue (5.6% 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 (1140.3%).


Past Performance

How has Motorola Solutions performed over the past 5 years?

20.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSI has high quality earnings.

Growing Profit Margin: MSI's current net profit margins (14.6%) are higher than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: MSI's earnings have grown significantly by 20.6% per year over the past 5 years.

Accelerating Growth: MSI's earnings growth over the past year (37.7%) exceeds its 5-year average (20.6% per year).

Earnings vs Industry: MSI earnings growth over the past year (37.7%) underperformed the Communications industry 63%.


Return on Equity

High ROE: MSI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


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 (32.6%).

Interest Coverage: MSI's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


Dividend

What is Motorola Solutions's current dividend yield, its reliability and sustainability?

1.18%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MSI's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: MSI's dividend (1.18%) is low compared to the top 25% of dividend payers in the US market (3.63%).


Stability and Growth of Payments

Stable Dividend: MSI's dividends per share have been stable 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 (40.7%), 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 (31.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

Greg Brown (61 yo)

10.33yrs

Tenure

US$23,046,559

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 ($USD23.05M) is above average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MSI's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: MSI's board of directors are considered experienced (6.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Motorola Solutions, Inc.'s 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$40.494b
  • Shares outstanding: 169.32m
  • Website: https://www.motorolasolutions.com

Number of Employees


Location

  • Motorola Solutions, Inc.
  • 500 West Monroe Street
  • Suite 4400
  • Chicago
  • Illinois
  • 60661
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 22:54
End of Day Share Price2021/09/23 00:00
Earnings2021/07/03
Annual Earnings2020/12/31


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.