Morgan Stanley
MS
Market Cap$0
Close$
Earnings Call Q2 2024
July 16, 2024 - AI Summary
Morgan Stanley reported strong second quarter earnings with $15 billion in revenue, $1.82 in EPS, and a 17.5% return on tangible equity.
The firm saw significant growth in its institutional securities segment, with revenues up 23% year-over-year, driven by strength in equity and fixed income underwriting.
Wealth management also performed well, generating record asset management fees and strong fee-based flows. Net new assets for the first half of the year were over $131 billion, representing 5% annualized growth.
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$162.92
9.7% upside
Current Fair Value
9.7% upsideUndervalued by 9.7% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $0.00 |
|---|---|
| Enterprise Value | $-109,130,000,000.00 |
| Dividend Yield | $3.77 (2.51%) |
| Earnings per Share | $8.04 |
| Beta | 1.32 |
| Outstanding Shares | 1,577,000,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 16.08 |
|---|---|
| PEG | 99.14 |
| Price to Sales | 3.91 |
| Price to Book Ratio | 2.15 |
| Enterprise Value to Revenue | -1.81 |
| Enterprise Value to EBIT | -4.45 |
| Enterprise Value to Net Income | -8 |
| Total Debt to Enterprise | 0 |
| Debt to Equity | 0 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Market Vectors Chinese Renminbi/USD ETN
2,020 employees
CEO: James Gorman The investment seeks to replicate, net of expenses, the S&P Chinese Renminbi Total Return Index. The index tracks the value of the Chinese RMB relative to the U.S. dollar. It follows the value of non-deliverable, three-month currency for...