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Morgan Stanley, a financial holding company, provides various financial products and services to governments, financial institutions, and individuals in the Americas, Asia, Europe, Middle East, and Africa. The company operates through Institutional Securities, Wealth Management, and Investment Management segments. It offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities; and research. In addition, the company offers financial advisor-led brokerage, custody, and administrative and investment advisory services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential and commercial real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. The company was founded in 1924 and is headquartered in New York, New York.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Morgan Stanley CDR (CAD Hedged) is a Canadian depositary receipt that provides exposure to Morgan Stanley, a large U.S. diversified financial services firm, with currency hedging intended to reduce CAD/USD volatility. Major long-term growth drivers include the firm's wealth management and investment banking businesses and participation in global capital markets, and the structure may benefit Canadian investors seeking direct equity exposure with reduced currency fluctuation.
Principal risks include sensitivity to U.S. banking-sector cyclicality and capital markets performance, regulatory or credit events affecting Morgan Stanley, and hedging or counterparty limitations that could produce tracking error or fail to fully eliminate currency risk.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Income before tax | 21954.00M | 17596.00M | 11813.00M | 14089.00M |
| Net income | 16861.00M | 13390.00M | 9087.00M | 11029.00M |
| Selling general administrative | 39518.00M | 36037.00M | 33831.00M | 32250.00M |
| Gross profit | 65966.00M | 57621.00M | 50667.00M | 50210.00M |
| Operating income | 21954.00M | 17596.00M | 11813.00M | 14089.00M |
| Tax provision | 4929.00M | 4067.00M | 2583.00M | 2910.00M |
| Total revenue | 119662.00M | 107285.00M | 96194.00M | 65936.00M |
| Total operating expenses | 97708.00M | 89689.00M | 84381.00M | 51847.00M |
| Cost of revenue | 53696.00M | 49664.00M | 45527.00M | 15726.00M |
| Net income applicable to common shares | 16249.00M | 12800.00M | 8530.00M | 10540.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1420270.00M | 1215071.00M | 1193693.00M | 1180231.00M | 1188140.00M |
| Intangible assets | 6010.00M | 6453.00M | 7055.00M | 7618.00M | 8360.00M |
| Total liab | 1308638.00M | 1110560.00M | 1094655.00M | 1080090.00M | 1081542.00M |
| Total stockholder equity | 111632.00M | 104511.00M | 99038.00M | 100141.00M | 105441.00M |
| Common stock | 20.00M | 20.00M | 20.00M | 20.00M | - |
| Capital stock | 9770.00M | - | - | - | 7770.00M |
| Retained earnings | 115091.00M | 104989.00M | 97996.00M | 94862.00M | 89432.00M |
| Good will | 16726.00M | 16706.00M | 16707.00M | 16652.00M | 16833.00M |
| Cash | 4462.00M | 4436.00M | 7323.00M | 5409.00M | 86838.00M |
| Cash and equivalents | 107233.00M | 100950.00M | 81909.00M | 122718.00M | - |
| Net debt | 289228.00M | - | - | - | 156330.00M |
| Short term debt | 511372.00M | 441300.00M | 429512.00M | 434859.00M | - |
| Short long term debt | 21146.00M | - | - | - | 10337.00M |
| Other stockholder equity | -4700.00M | -4241.00M | -3327.00M | -2061.00M | - |
| Property plant equipment | 4164.00M | 4114.00M | 4368.00M | 4073.00M | - |
| Long term investments | 378873.00M | - | - | - | 373793.00M |
| Short term investments | 35393.00M | - | - | - | 102830.00M |
| Net receivables | 114720.00M | - | - | - | 96018.00M |
| Long term debt | 349392.00M | 288776.00M | 267467.00M | 241081.00M | 232831.00M |
| Accounts payable | 226519.00M | - | - | - | 228685.00M |
| Long term debt total | 349392.00M | 288776.00M | 267467.00M | 241081.00M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -1406.00M | - | - | - | -8003.00M |
| Total cashflows from investing activities | -46779.00M | -29460.00M | -3084.00M | -11632.00M | - |
| Net borrowings | 39776.00M | - | - | - | 20149.00M |
| Total cash from financing activities | 67758.00M | 46756.00M | -2726.00M | 22714.00M | 41547.00M |
| Net income | 17025.00M | 13529.00M | 9230.00M | 11179.00M | 15034.00M |
| Change in cash | 6309.00M | 16154.00M | -38895.00M | 402.00M | 22071.00M |
| Begin period cash flow | 105386.00M | - | - | - | 105654.00M |
| End period cash flow | 111695.00M | - | - | - | 127725.00M |
| Total cash from operating activities | -17889.00M | 1362.00M | -33536.00M | -6397.00M | 33971.00M |
| Issuance of capital stock | 0.00M | - | - | - | 1275.00M |
| Depreciation | 4658.00M | 5161.00M | 4256.00M | 3998.00M | 4216.00M |
| Other cashflows from investing activities | -43881.00M | -25998.00M | 328.00M | -8554.00M | - |
| Dividends paid | 6593.00M | 6138.00M | 5763.00M | 5401.00M | 4171.00M |
| Change to account receivables | - | - | - | - | 774.00M |
| Sale purchase of stock | -5835.00M | -3204.00M | -6178.00M | -9877.00M | -12075.00M |
| Other cashflows from financing activities | 39285.00M | 23605.00M | -5200.00M | 1314.00M | - |
| Capital expenditures | 2898.00M | 3462.00M | 3412.00M | 3078.00M | 2308.00M |
| Change in working capital | -42816.00M | -19370.00M | -49108.00M | -23498.00M | 12689.00M |
| Stock based compensation | 1926.00M | - | - | - | 2085.00M |
| Other non cash items | 408.00M | - | - | - | -147.00M |
| Free cash flow | -20787.00M | - | - | - | 31663.00M |
Sector: Financial Services Industry: Capital Markets
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
|---|---|---|---|---|---|---|---|
| MS Morgan Stanley CDR (CAD Hedged) |
1.20 3.21% |
38.54 | 16.96 | 16.10 | 4.32 | 2.90 | 5.92 |
| SCHW Charles Schwab CDR (CAD Hedged) |
0.57 2.17% |
26.81 | 18.08 | 15.50 | 6.58 | 3.22 | 6.95 |
| HUT Hut 8 Mining Corp |
-15.34 17.26% |
73.56 | - | 84.75 | 49.37 | 6.10 | 606.29 |
| CF Canaccord Genuity Group Inc |
0.07 0.50% |
14.15 | - | 10.94 | 0.65 | 2.63 | 0.28 |
| CF-PC Canaccord Genuity Group Inc Pref C |
-0.08 0.32% |
25.10 | 8.10 | - | 0.42 | - | - |
Morgan Stanley, a financial holding company, provides various financial products and services to governments, financial institutions, and individuals in the Americas, Asia, Europe, Middle East, and Africa. The company operates through Institutional Securities, Wealth Management, and Investment Management segments. It offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, and project finance. It also provides equity and fixed income products comprising sales, financing, prime brokerage, and market-making services; Asia wealth management; business-related investments services; originating corporate and commercial real estate loans, secured lending facilities, and extending securities; and research. In addition, the company offers financial advisor-led brokerage, custody, and administrative and investment advisory services; self-directed brokerage services; financial and wealth planning services; stock plan administration; securities-based lending, residential and commercial real estate loans, and other lending products; banking; and retirement plan services. Further, it provides equity, fixed income, alternatives and solutions, and liquidity and overlay services to benefit/defined contribution plans, foundations, endowments, government entities, sovereign wealth funds, insurance companies, third-party fund sponsors, corporations, and individuals. The company was founded in 1924 and is headquartered in New York, New York.
| Name | Title | Year Born |
|---|---|---|
| Mr. Edward N. Pick | CEO & Chairman of the Board | 1969 |
| Mr. Daniel Aaron Simkowitz | Co-President | 1966 |
| Mr. Andrew Michael Saperstein | Co-President | 1967 |
| Ms. Sharon Yeshaya | Executive VP & CFO | 1980 |
| Mr. Michael A. Pizzi | Executive VP & Global Head of Technology and Operations | 1975 |
| Mr. Michael Wilson | Chief U.S. Equity Strategist & Chief Investment Officer | NA |
| Mr. Raja J. Akram | Chief Accounting Officer, Deputy CFO & Controller | 1972 |
| Ms. Robyn Maslynsky Goldschmid | Managing Director | NA |
| Mr. Clint G. Gartin | Chairman of Investment Banking | NA |
| Mr. Eric F. Grossman | Executive VP and Chief Legal & Administrative Officer | 1967 |
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