Piper Sandler Companies

Piper Sandler Companies

PIPRยทNYSE

$75.63

-2.1%
Financial ServicesFinancial - Capital Markets

Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It provides advisory services, such as mergers and acquisitions, equity private placements, and debt and restructuring advisory; raises capital through equity and debt financings; underwrites municipal issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products. The company also offers public finance investment banking services that focus on state and local governments, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, and transportation sectors. In addition, it provides equity and fixed income advisory and trade execution services for institutional investors, and government and non-profit entities. Further, the company is involved in the alternative asset management funds merchant banking and healthcare to invest firm capital and to manage capital from outside investors, as well as trading activities. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.

At a Glance

Live Snapshot
Market Cap$5.37B
EPS4.2200
P/E Ratio17.92
Earnings Date08/07/2026
Piper Sandler Companies

Piper Sandler Companies Fair Value Envelope

PIPR ยท NYSE

Our analysis suggests that PIPR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $75.63, this represents a potential HIDDEN relative to our calculated worth for Piper Sandler Companies.

Intrinsic Value
Current Price: $75.63

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$6,594.2B
+ Cash & Equivalents$809.4M
Firm Value$6,595.0B
- Debt$116.4M
Equity Value$6,594.9B
/ Shares Outstanding17,689,589B
DCF Value$372.8K
UNDERVALUED BY 492843%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.5B
$2.9B
$5.9B
$11.7B
$23.4B
$46.9B
$93.7B
$187.4B
$374.9B
$749.8B
Maintenance CapEx
-$13.9M
-$27.7M
-$55.5M
-$110.9M
-$221.9M
-$443.7M
-$887.4M
-$1.8B
-$3.5B
-$7.1B
Owner Earnings
$1.5B
$2.9B
$5.8B
$11.6B
$23.2B
$46.4B
$92.8B
$185.7B
$371.3B
$742.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.3B
$2.5B
$4.6B
$8.5B
$15.8B
$29.3B
$54.2B
$100.3B
$185.8B
$344.0B
Terminal Value represents 88.7% of Enterprise Value