(MS) Morgan Stanley - Overview

Sector: Financial Services | Industry: Capital Markets | Exchange: NYSE (USA) | Market Cap: 263.283m USD | Total Return: 71.4% in 12m

Banking, Investments, Brokerage, Advisory
Total Rating 53
Safety 69
Buy Signal 0.24
Capital Markets
Industry Rotation: +8.6
Market Cap: 263B
Avg Turnover: 1.01B USD
ATR: 3.19%
Peers RS (IBD): 72.2
Risk 5d forecast
Volatility27.4%
Rel. Tail Risk-7.10%
Reward TTM
Sharpe Ratio1.97
Alpha25.60
Character TTM
Beta1.521
Beta Downside1.746
Drawdowns 3y
Max DD29.24%
CAGR/Max DD1.03
EPS (Earnings per Share) EPS (Earnings per Share) of MS over the last years for every Quarter: "2021-03": 2.19, "2021-06": 1.85, "2021-09": 1.98, "2021-12": 2.01, "2022-03": 2.02, "2022-06": 1.39, "2022-09": 1.47, "2022-12": 1.26, "2023-03": 1.7, "2023-06": 1.24, "2023-09": 1.38, "2023-12": 0.99, "2024-03": 2.02, "2024-06": 1.82, "2024-09": 1.88, "2024-12": 2.22, "2025-03": 2.6, "2025-06": 2.13, "2025-09": 2.8, "2025-12": 2.68,
EPS CAGR: 7.83%
EPS Trend: 67.7%
Last SUE: 1.19
Qual. Beats: 8
Revenue Revenue of MS over the last years for every Quarter: 2021-03: 15218, 2021-06: 14311, 2021-09: 14216, 2021-12: 14035, 2022-03: 14353, 2022-06: 13584, 2022-09: 15730, 2022-12: 18811, 2023-03: 21270, 2023-06: 21485, 2023-09: 22567, 2023-12: 24192, 2024-03: 25349, 2024-06: 25486, 2024-09: 26328, 2024-12: 25982, 2025-03: 27912, 2025-06: 28162, 2025-09: 30048, 2025-12: 28861,
Rev. CAGR: 20.48%
Rev. Trend: 93.3%
Last SUE: 3.55
Qual. Beats: 3

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: MS Morgan Stanley

Morgan Stanley (NYSE: MS) is a global financial holding company. It provides a range of financial products and services to institutional and individual clients across the Americas, Asia, Europe, the Middle East, and Africa. The company operates through three core segments: Institutional Securities, Wealth Management, and Investment Management. This diversified model is common among large financial institutions.

The Institutional Securities segment offers capital raising, financial advisory, and sales and trading services for equity and fixed income products. This includes underwriting debt and equity, advising on mergers and acquisitions, and providing prime brokerage services. Investment banking and brokerage is a competitive sector, often influenced by global economic conditions and regulatory changes.

Wealth Management provides brokerage, investment advisory, custody, cash management, and lending services to individuals. This segment focuses on long-term client relationships and recurring revenue streams. The Investment Management segment offers asset management services across various asset classes to a diverse client base, including pension funds, endowments, and high-net-worth individuals. Asset management typically involves managing portfolios for a fee.

To gain deeper insights into Morgan Stanleys financial performance and valuation, consider exploring its detailed financials on ValueRay.

Headlines to Watch Out For
  • Global M&A activity directly impacts investment banking fees
  • Wealth management client asset growth drives recurring revenue
  • Interest rate fluctuations influence net interest income
  • Regulatory changes could increase compliance costs
  • Market volatility affects trading and investment performance
Piotroski VR‑10 (Strict) 2.5
Net Income: 16.86b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.09 > 1.0
NWC/Revenue: 82.72% < 20% (prev -244.1%; Δ 326.8% < -1%)
CFO/TA -0.01 > 3% & CFO -17.89b > Net Income 16.86b
Net Debt (363.87b) to EBITDA (26.61b): 13.67 < 3
Current Ratio: 1.17 > 1.5 & < 3
Outstanding Shares: last quarter (1.59b) vs 12m ago -0.93% < -2%
Gross Margin: 57.07% > 18% (prev 0.56%; Δ 5.65k% > 0.5%)
Asset Turnover: 8.73% > 50% (prev 8.49%; Δ 0.24% > 0%)
Interest Coverage Ratio: 0.45 > 6 (EBITDA TTM 26.61b / Interest Expense TTM 49.02b)
Altman Z'' 0.90
A: 0.07 (Total Current Assets 654.69b - Total Current Liabilities 559.57b) / Total Assets 1420.27b
B: 0.08 (Retained Earnings 115.09b / Total Assets 1420.27b)
C: 0.02 (EBIT TTM 21.95b / Avg Total Assets 1317.67b)
D: 0.08 (Book Value of Equity 108.83b / Total Liabilities 1307.62b)
Altman-Z'' Score: 0.90 = BB
Beneish M -2.84
DSRI: 1.19 (Receivables 114.72b/86.16b, Revenue 114.98b/103.14b)
GMI: 0.97 (GM 57.07% / 55.61%)
AQI: 0.90 (AQ_t 0.54 / AQ_t-1 0.60)
SGI: 1.11 (Revenue 114.98b / 103.14b)
TATA: 0.02 (NI 16.86b - CFO -17.89b) / TA 1420.27b)
Beneish M-Score: -2.84 (Cap -4..+1) = A
What is the price of MS shares? As of April 08, 2026, the stock is trading at USD 168.43 with a total of 4,369,887 shares traded.
Over the past week, the price has changed by +2.35%, over one month by +4.97%, over three months by -8.35% and over the past year by +71.37%.
Is MS a buy, sell or hold? Morgan Stanley has received a consensus analysts rating of 3.42. Therefor, it is recommend to hold MS.
  • StrongBuy: 5
  • Buy: 1
  • Hold: 17
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the MS price?
Analysts Target Price 192.6 14.3%
Morgan Stanley (MS) - Fundamental Data Overview as of 04 April 2026
P/E Trailing = 16.24
P/E Forward = 14.5349
P/S = 3.7453
P/B = 2.5842
P/EG = 1.8647
Revenue TTM = 114.98b USD
EBIT TTM = 21.95b USD
EBITDA TTM = 26.61b USD
Long Term Debt = 349.39b USD (from longTermDebt, last quarter)
Short Term Debt = 144.05b USD (from shortTermDebt, last quarter)
Debt = 475.56b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 363.87b USD (from netDebt column, last quarter)
Enterprise Value = 631.61b USD (263.28b + Debt 475.56b - CCE 107.23b)
Interest Coverage Ratio = 0.45 (Ebit TTM 21.95b / Interest Expense TTM 49.02b)
EV/FCF = -35.31x (Enterprise Value 631.61b / FCF TTM -17.89b)
FCF Yield = -2.83% (FCF TTM -17.89b / Enterprise Value 631.61b)
FCF Margin = -15.56% (FCF TTM -17.89b / Revenue TTM 114.98b)
Net Margin = 14.66% (Net Income TTM 16.86b / Revenue TTM 114.98b)
Gross Margin = 57.07% ((Revenue TTM 114.98b - Cost of Revenue TTM 49.37b) / Revenue TTM)
Gross Margin QoQ = 58.02% (prev 56.85%)
Tobins Q-Ratio = 0.44 (Enterprise Value 631.61b / Total Assets 1420.27b)
Interest Expense / Debt = 2.54% (Interest Expense 12.10b / Debt 475.56b)
Taxrate = 23.19% (1.34b / 5.76b)
NOPAT = 16.86b (EBIT 21.95b * (1 - 23.19%))
Current Ratio = 1.17 (Total Current Assets 654.69b / Total Current Liabilities 559.57b)
Debt / Equity = 4.26 (Debt 475.56b / totalStockholderEquity, last quarter 111.63b)
Debt / EBITDA = 13.67 (Net Debt 363.87b / EBITDA 26.61b)
 Debt / FCF = -20.34 (negative FCF - burning cash) (Net Debt 363.87b / FCF TTM -17.89b)
 Total Stockholder Equity = 109.15b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.28% (Net Income 16.86b / Total Assets 1420.27b)
RoE = 15.45% (Net Income TTM 16.86b / Total Stockholder Equity 109.15b)
RoCE = 4.79% (EBIT 21.95b / Capital Employed (Equity 109.15b + L.T.Debt 349.39b))
RoIC = 3.74% (NOPAT 16.86b / Invested Capital 450.31b)
WACC = 5.30% (E(263.28b)/V(738.84b) * Re(11.33%) + D(475.56b)/V(738.84b) * Rd(2.54%) * (1-Tc(0.23)))
Discount Rate = 11.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.05%
 [DCF] Fair Price = unknown (Cash Flow -17.89b)
 EPS Correlation: 67.67 | EPS CAGR: 7.83% | SUE: 1.19 | # QB: 8
Revenue Correlation: 93.34 | Revenue CAGR: 20.48% | SUE: 3.55 | # QB: 3
EPS next Quarter (2026-06-30): EPS=2.73 | Chg7d=-0.004 | Chg30d=-0.006 | Revisions Net=-1 | Analysts=17
EPS current Year (2026-12-31): EPS=11.38 | Chg7d=+0.030 | Chg30d=+0.042 | Revisions Net=+0 | Growth EPS=+11.5% | Growth Revenue=+8.4%
EPS next Year (2027-12-31): EPS=12.34 | Chg7d=+0.074 | Chg30d=+0.090 | Revisions Net=+1 | Growth EPS=+8.4% | Growth Revenue=+5.2%
[Analyst] Revisions Ratio: -1.00 (0 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.2% (Discount Rate 11.3% - Earnings Yield 6.2%)
[Growth] Growth Spread = +7.4% (Analyst 12.6% - Implied 5.2%)
External Resources
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