FHI Federated Hermes Inc

  1. Stocks
  2. Financial Services
  3. NYSE: FHI

Price (delayed)

$31.51

Market cap

$2.72B

P/E Ratio

10.23

Dividend/share

$1.11

EPS

$3.08

Enterprise value

$2.8B

Federated Hermes, Inc. is a leading global investment manager with $614.8 billion in assets under management as of Sept. 30, 2020. Guided by its conviction that responsible investing is the ...

Highlights
The stock's price to earnings (P/E) is 20% less than its last 4 quarters average of 12.7 and 11% less than its 5-year quarterly average of 11.4
The gross profit rose by 14% YoY
FHI's quick ratio is up by 13% year-on-year but it is down by 5% since the previous quarter
Federated Hermes's equity has increased by 13% YoY but it has decreased by 3% QoQ
Sector: Financial Services
Industry: Asset Management
Website: http://www.federatedhermes.com
Peers: OWL

Key stats

What are the main financial stats of FHI
Market
Shares outstanding
86.25M
Market cap
$2.72B
Enterprise value
$2.8B
Valuations
Price to earnings (P/E)
10.23
Price to book (P/B)
2.53
Price to sales (P/S)
1.75
EV/EBIT
7.47
EV/EBITDA
6.96
EV/Sales
1.76
Earnings
Revenue
$1.59B
EBIT
$374.68M
EBITDA
$402.39M
Free cash flow
$308.53M
Per share
EPS
$3.08
Free cash flow per share
$3.49
Book value per share
$12.46
Revenue per share
$18.03
TBVPS
$9.93
Balance sheet
Total assets
$2.08B
Total liabilities
$909.67M
Debt
$459.64M
Equity
$1.1B
Working capital
$456.07M
Liquidity
Debt to equity
0.42
Current ratio
2.78
Quick ratio
2.66
Net debt/EBITDA
0.21
Margins
EBITDA margin
25.3%
Gross margin
100%
Net margin
17.2%
Operating margin
21.9%
Efficiency
Return on assets
13.4%
Return on equity
24.9%
Return on invested capital
54.2%
Return on capital employed
20.5%
Return on sales
23.5%
Dividend
Dividend yield
3.52%
DPS
$1.11
Payout ratio
36%

FHI stock price

How has the Federated Hermes stock price performed over time
Intraday
1.12%
1 week
-0.25%
1 month
-0.06%
1 year
-16.29%
YTD
-13.22%
QTD
-6.97%

Financial performance

How have Federated Hermes's revenue and profit performed over time
Revenue
$1.59B
Gross profit
$1.59B
Operating income
$348.73M
Net income
$273.3M
Gross margin
100%
Net margin
17.2%
FHI's operating margin is down by 16% year-on-year
The gross profit rose by 14% YoY
FHI's revenue is up by 14% YoY
The company's net income rose by 9% YoY and by 2.1% QoQ

Growth

What is Federated Hermes's growth rate over time

Valuation

What is Federated Hermes stock price valuation
FHI P/E details
P/E
10.23
P/B
2.53
P/S
1.75
EV/EBIT
7.47
EV/EBITDA
6.96
EV/Sales
1.76
The stock's price to earnings (P/E) is 20% less than its last 4 quarters average of 12.7 and 11% less than its 5-year quarterly average of 11.4
The company's EPS rose by 12% YoY and by 2.7% QoQ
The price to book (P/B) is 17% lower than the last 4 quarters average of 3.0 and 14% lower than the 5-year quarterly average of 2.9
Federated Hermes's equity has increased by 13% YoY but it has decreased by 3% QoQ
The P/S is 21% below the 5-year quarterly average of 2.2 and 18% below the last 4 quarters average of 2.1
FHI's revenue is up by 14% YoY

Efficiency

How efficient is Federated Hermes business performance
FHI's return on invested capital is up by 19% year-on-year and by 4.6% since the previous quarter
The company's return on assets rose by 6% YoY
The company's return on sales fell by 3.3% YoY

Dividends

What is FHI's dividend history
DPS
$1.11
Dividend yield
3.52%
Payout ratio
36%
Recent dividends

Financial health

How did Federated Hermes financials performed over time
Federated Hermes's total assets is 129% higher than its total liabilities
FHI's quick ratio is up by 13% year-on-year but it is down by 5% since the previous quarter
Federated Hermes's current ratio has decreased by 6% from the previous quarter but it has increased by 5% YoY
The debt is 58% less than the equity
Federated Hermes's debt to equity has decreased by 19% YoY but it has increased by 8% QoQ
Federated Hermes's equity has increased by 13% YoY but it has decreased by 3% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.