Valuation Morgan Stanley

Equities

Market Closed - Nyse Other stock markets 21:00:02 06/12/2024 GMT			5-day change	1st Jan Change
129.96 ^USD	-0.28%		-1.25%	+39.37%

12-06	Blue chips stall but CAC 40 soars on luxury lift	AN
12-06	Beam Therapeutics Inc. Appoints Sravan K. Emany as Chief Financial Officer, Effective December 19, 2024	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	82,743	123,984	176,139	143,693	153,052	209,370	-	-
Change	-	49.84%	42.07%	-18.42%	6.51%	36.8%	-	-
Enterprise Value (EV) ¹	348,481	309,590	366,069	339,995	340,207	421,375	421,375	421,375
Change	-	-11.16%	18.24%	-7.12%	0.06%	23.86%	0%	0%
P/E ratio	9.85x	10.6x	12.2x	13.8x	18x	17.7x	16.4x	14.8x
PBR	1.12x	1.34x	1.78x	1.56x	1.68x	2.22x	2.14x	2.03x
PEG	-	0.4x	0.5x	-0.6x	-1.1x	0.4x	1.99x	1.4x
Capitalization / Revenue	2x	2.57x	2.95x	2.68x	2.83x	3.48x	3.31x	3.14x
EV / Revenue	8.41x	6.42x	6.13x	6.34x	6.28x	6.99x	6.66x	6.31x
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	30.4x	21.5x	18.6x	23.7x	27.6x	26.6x	24.6x	20.8x
EV / FCF	-	-	-	-	-9,207,733x	-	-	-
FCF Yield	-	-	-	-	-0%	-	-	-
Dividend per Share ²	1.35	1.4	2.45	3.025	3.25	3.555	3.8	4.02
Rate of return	2.64%	2.04%	2.5%	3.56%	3.49%	2.74%	2.92%	3.09%
EPS ²	5.19	6.46	8.03	6.15	5.18	7.331	7.935	8.768
Distribution rate	26%	21.7%	30.5%	49.2%	62.7%	48.5%	47.9%	45.9%
Net sales ¹	41,419	48,198	59,755	53,668	54,143	60,241	63,238	66,763
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	11,473	14,418	19,672	14,369	12,345	15,820	17,138	20,306
Net income ¹	8,512	10,500	14,566	10,540	8,530	11,802	12,613	13,729
Net Debt ¹	265,738	185,606	189,930	196,302	187,155	212,005	212,005	212,005
Reference price ²	51.12	68.53	98.16	85.02	93.25	129.96	129.96	129.96
Nbr of stocks (in thousands)	1,618,598	1,809,198	1,794,412	1,690,109	1,641,312	1,611,036	-	-
Announcement Date	16/01/20	20/01/21	19/01/22	17/01/23	16/01/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield (Y)	Capi. ($)
MORGAN STANLEY	17.73x	6.99x	-	+2.74%	209B
THE GOLDMAN SACHS GROUP, INC.	16.32x	10.4x	-	+1.92%	197B
CHARLES SCHWAB	28.52x	8.77x	16.46x	+1.24%	149B
CITIGROUP INC.	12.37x	-	-	+3.02%	136B
CITIC SECURITIES COMPANY LIMITED	19.03x	3.76x	7.61x	+1.89%	60.07B
RAYMOND JAMES FINANCIAL, INC.	16.42x	1.74x	8.92x	+1.18%	33.34B
CSC FINANCIAL CO., LTD.	12.11x	-	-	+2.93%	26.56B
LPL FINANCIAL HOLDINGS INC.	23.36x	2.24x	12.76x	+0.37%	24.53B
CHINA MERCHANTS SECURITIES CO., LTD.	18.6x	30.51x	-	+1.49%	22.74B
HUATAI SECURITIES CO., LTD.	11x	7.44x	19.53x	+2.64%	21.58B
Average	17.55x	8.98x	13.05x	+1.94%	88.12B
Weighted average by Cap.	18.29x	8.38x	13.66x	+2.13%