Moelis Stock Intrinsic Value – MOELIS Reports Q2 2023 Financial Results on June 30th
August 3, 2023
🌥️Earnings Overview
MOELIS ($NYSE:MC) reported a total revenue of USD 179.9 million for the second quarter of fiscal year 2023, ending on June 30 2023 – a decrease of 25.8% from the same quarter in the prior year. The company’s net income for the period was USD -12.0 million, compared to a net income of 39.0 million in the same quarter of the previous year.
Market Price
On June 30th, MOELIS reported their Q2 2023 financial results. On the same day, the company’s stock opened at $51.4 and closed at $52.0, up by 0.4% from its last closing price of 51.8. The positive financial results and high liquidity of MOELIS have further strengthened investor sentiment and confidence in the company’s long-term prospects. As the company continues to pursue growth opportunities and cost-saving initiatives, it is expected that MOELIS will remain well-positioned for continued success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Moelis. More…
| Total Revenues | Net Income | Net Margin |
| 808.38 | 37.36 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Moelis. More…
| Operations | Investing | Financing |
| 153.31 | -11.18 | -326.9 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Moelis. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 989.03 | 556.92 | 6.18 |
Key Ratios Snapshot
Some of the financial key ratios for Moelis are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.7% | -11.9% | 6.6% |
| FCF Margin | ROE | ROA |
| 18.4% | 8.1% | 3.4% |
Analysis – Moelis Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of the wellbeing of MOELIS. Our proprietary Valuation Line has determined that the intrinsic value of MOELIS share is around $51.2. At the current market price of $52.0, our analysis suggests that the stock is being fairly priced, yet slightly overvalued by 1.5%. More…
Peers
The competition between Moelis & Co and its competitors – Computershare Ltd, Numis Corp PLC, and Evercore Inc – is intense. Each of these companies has their own unique set of services and financial strategies to offer, making the market especially competitive. The challenge for Moelis & Co is to differentiate itself from these competitors in order to remain successful.
– Computershare Ltd ($ASX:CPU)
Computershare Limited is a global financial services provider headquartered in Melbourne, Australia. The company provides a range of services for the investment, corporate and mortgage markets, including share registry and related services, corporate trust and loan agency services, corporate trust and loan agency services, corporate trust and loan agency services, mortgage servicing, and other related financial services. As of 2023, Computershare Ltd has a market capitalization of 14.36 billion and a Return on Equity of 10.47%. This is an impressive figure considering the size of the company and reflects its strong financial performance over the years. Computershare’s success can be attributed to its diversified portfolio of products and services, strong brand recognition, and reliable customer service.
– Numis Corp PLC ($LSE:NUM)
Numis Corp PLC is a British-based investment banking and corporate advisory firm that specializes in the areas of mergers and acquisitions, equity capital markets, and debt capital markets. As of 2023, the company has a market capitalization of 226.61 million pounds, which is indicative of the strong financial performance of the company. Additionally, Numis Corp PLC has an impressive Return on Equity (ROE) of 7.64%, which indicates that the company is efficiently utilizing its equity to generate returns.
– Evercore Inc ($NYSE:EVR)
Evercore Inc is an independent investment banking advisory firm, providing financial services and advice to some of the world’s largest corporations, institutional investors and governments. The company’s market cap as of 2023 is 4.95B, making it one of the most successful independent investment banking firms in the world. Additionally, its Return on Equity (ROE) is 44.1%, a testament to its successful financial performance and high returns on investments.
Summary
MOELIS reported its second quarter results for 2023, revealing a 25.8% drop in total revenue year-over-year. Net income for the quarter was also significantly down at a loss of USD 12.0 million. Investors may find this concerning, and it suggests there could be an underlying issue with the company’s performance.
Analysts may want to keep an eye on MOELIS for potential opportunities to invest. It will be important to track the company’s financial performance moving forward and assess the potential for profit.
