Compoundeer Logo
COMPOUNDEER
Uncovering Potential
RankingCompaniesDCF
MS Logo

Morgan Stanley

MS

Security Brokers, Dealers & Flotation Companies

Mkt Cap

$140.3B

PE

16.45

Debt

$260.5B

Cash

$89.23B

EV

$311.6B

FCF

-

Market Cap

$140.3B

P/E Ratio

16.45

Debt

$260.5B

Cash

$89.23B

EV

$311.6B

FCF

-
Charts data: {"Earnings":[{"time":"2014-12-30","value":3152000000},{"time":"2015-12-30","value":5671000000},{"time":"2016-12-30","value":5508000000},{"time":"2017-12-30","value":5588000000},{"time":"2018-12-30","value":8222000000},{"time":"2019-12-30","value":8512000000},{"time":"2020-12-30","value":10500000000},{"time":"2021-12-30","value":14566000000},{"time":"2022-12-30","value":10540000000},{"time":"2023-12-30","value":8530000000}],"Sales":[{"time":"2014-12-30","value":34275000000},{"time":"2015-12-30","value":35155000000},{"time":"2016-12-30","value":34631000000},{"time":"2017-12-30","value":37945000000},{"time":"2018-12-30","value":40107000000},{"time":"2019-12-30","value":41419000000},{"time":"2020-12-30","value":48198000000},{"time":"2021-12-30","value":59755000000},{"time":"2022-12-30","value":53668000000},{"time":"2023-12-30","value":54143000000}],"Net Margins":[{"time":"2014-12-30","value":0.09196207148067104},{"time":"2015-12-30","value":0.16131418005973547},{"time":"2016-12-30","value":0.15904825156651556},{"time":"2017-12-30","value":0.14726577941757807},{"time":"2018-12-30","value":0.20500162066472186},{"time":"2019-12-30","value":0.20550954875781646},{"time":"2020-12-30","value":0.2178513631271007},{"time":"2021-12-30","value":0.24376202828215213},{"time":"2022-12-30","value":0.19639263620779607},{"time":"2023-12-30","value":0.15754575845446317}],"Assets":[{"time":"2014-12-30","value":801510000000},{"time":"2015-12-30","value":787465000000},{"time":"2016-12-30","value":814949000000},{"time":"2017-12-30","value":851733000000},{"time":"2018-12-30","value":853531000000},{"time":"2019-12-30","value":895429000000},{"time":"2020-12-30","value":1115862000000},{"time":"2021-12-30","value":1188140000000},{"time":"2022-12-30","value":1180231000000},{"time":"2023-12-30","value":1193693000000}],"Stockholders Equity":[{"time":"2014-12-30","value":72104000000},{"time":"2015-12-30","value":76184000000},{"time":"2016-12-30","value":77177000000},{"time":"2017-12-30","value":78466000000},{"time":"2018-12-30","value":81406000000},{"time":"2019-12-30","value":82697000000},{"time":"2020-12-30","value":103149000000},{"time":"2021-12-30","value":106598000000},{"time":"2022-12-30","value":101231000000},{"time":"2023-12-30","value":99982000000}],"ROE":[{"time":"2014-12-30","value":0.04371463441695329},{"time":"2015-12-30","value":0.07443820224719101},{"time":"2016-12-30","value":0.07136841286911903},{"time":"2017-12-30","value":0.07121555833099687},{"time":"2018-12-30","value":0.10099992629535906},{"time":"2019-12-30","value":0.10292997327593505},{"time":"2020-12-30","value":0.10179449146380479},{"time":"2021-12-30","value":0.13664421471322163},{"time":"2022-12-30","value":0.10411830368167854},{"time":"2023-12-30","value":0.08531535676421756}],"ROA":[{"time":"2014-12-30","value":0.009069132013324849},{"time":"2015-12-30","value":0.014269840564342542},{"time":"2016-12-30","value":0.014928541540636286},{"time":"2017-12-30","value":0.018902637328834272},{"time":"2018-12-30","value":0.013165309754420167},{"time":"2019-12-30","value":0.012620766135561836},{"time":"2020-12-30","value":0.012920952590911779},{"time":"2021-12-30","value":0.01655360479404784},{"time":"2022-12-30","value":0.011937493592356073},{"time":"2023-12-30","value":0.009896179335892897}]}

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Institutional Securities, Wealth Management, and Investment Management segments. The Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. This segment also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; foreign exchange and commodities; corporate and commercial real estate loans, commercial mortgage and secured lending facilities, and financing for sales and trading customers, and asset-backed and mortgage lending; and wealth management services, investment, and research services. The Wealth Management segment offers financial advisor-led brokerage, custody, administrative, and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services, including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans, and other lending products; banking; and retirement plan services to individual investors and small to medium-sized businesses and institutions. The Investment Management segment provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals through institutional and intermediary channels. Morgan Stanley was founded in 1924 and is headquartered in New York, New York.

Sector

  • AC Logo

    AC

  • BLK Logo

    BLK

  • FRHC Logo

    FRHC

  • GS Logo

    GS

  • HOOD Logo

    HOOD

  • IBKR Logo

    IBKR

  • MKTX Logo

    MKTX

  • NAVI Logo

    NAVI

  • OPY Logo

    OPY

  • PIPR Logo

    PIPR

In the chart Earnings are multiplied by this value.

Earnings Growth 14%
Earnings Stability 74%


Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Net Margin16%16%15%21%21%22%24%20%16%16%
ROA1.4%1.5%1.9%1.3%1.3%1.3%1.7%1.2%0.99%0.99%
ROE7.4%7.1%7.1%10%10%10%14%10%8.5%8.5%

What is the average Net Margin?

The average Net Margin over the past 5 years is +20.43%.

What is the trend of Net Margin?

The trend of Net Margin over the past 5 years is -0.68%.

What is the average Return on Assets (ROA)?

The average ROA over the past 5 years is +1.28%.

What is the trend of Return on Assets (ROA)?

The trend of ROA over the past 5 years is -0.04%.

What is the average Return on Equity (ROE)?

The average ROE over the past 5 years is +10.53%.

What is the trend of Return on Equity (ROE)?

The trend of ROE over the past 5 years is -0.11%.


Safety & Stabiliy

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years12-201512-201612-201712-201812-201912-202012-202112-202212-2023TTM
Debt FCF----------
Debt Equity2.052.152.452.312.302.072.132.312.612.61
MIN
Graham Stability--100%100%100%100%100%94%72%72%

What is the Debt/FCF?

The Debt/FCF trailing twelve month is -.

What is the trend of Debt/FCF?

The trend of Debt/FCF over the past 5 years is -.

What is the Graham’s Stability?

Graham’s Stability measure stands at 0.72.


Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years12-201612-201812-202012-2022Trend
Revenue6.6%6.2%4%0.89%0.11%
Net Income6.4%0.74%-6.7%-19%-7%
Stockholders Equity3.8%4.2%-1%-1.2%-0.37%
FCF-----

What is the 5 year Revenue CAGR?

The Revenue CAGR over the past 5 years is +6.19%.

What is the trend of Revenue growth?

The trend of Revenue growth rate over the past 5 years is +0.11%.

What is the 5 year Earnings CAGR?

The Earnings CAGR over the past 5 years is +0.74%.

What is the trend of Earnings growth?

The trend of Earnings growth rate over the past 5 years is -6.99%.

What is the 5 year Equity CAGR?

The Equity CAGR over the past 5 years is +4.2%.

What is the trend of Equity growth?

The trend of Equity growth rate over the past 5 years is -0.37%.

What is the 5 year FCF CAGR?

The FCF CAGR over the past 5 years is -.

What is the trend of FCF growth?

The trend of FCF growth rate over the past 5 years is -.