GREENHILL & CO INC (GHL)
US3952591044 - Common Stock
We assign a fundamental rating of 3 out of 10 to GHL. GHL was compared to 220 industry peers in the Capital Markets industry. Both the profitability and financial health of GHL have multiple concerns. GHL has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GHL had negative earnings in the past year.
In the past year GHL had a positive cash flow from operations.
In the past 5 years GHL has always been profitable.
GHL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -5.43%, GHL is not doing good in the industry: 91.71% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of -93.77%, GHL is doing worse than 96.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.43% | ||
| ROE | -93.77% | ||
| ROIC | N/A |
ROA(3y)4.46%
ROA(5y)4.74%
ROE(3y)26.64%
ROE(5y)33.47%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of GHL has declined.
GHL's Operating Margin has improved in the last couple of years.
GHL has a Gross Margin of 95.76%. This is amongst the best in the industry. GHL outperforms 93.66% of its industry peers.
GHL's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for GHL so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 95.76% |
OM growth 3Y-19.39%
OM growth 5Y22.54%
PM growth 3Y-29.57%
PM growth 5YN/A
GM growth 3Y-0.05%
GM growth 5Y-0.01%
2. Health
2.1 Basic Checks
GHL has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, GHL has less shares outstanding
Compared to 1 year ago, GHL has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that GHL is in the distress zone and has some risk of bankruptcy.
GHL has a Altman-Z score of 0.83. This is comparable to the rest of the industry: GHL outperforms 46.34% of its industry peers.
GHL has a debt to FCF ratio of 10.56. This is a negative value and a sign of low solvency as GHL would need 10.56 years to pay back of all of its debts.
GHL has a Debt to FCF ratio of 10.56. This is comparable to the rest of the industry: GHL outperforms 54.15% of its industry peers.
GHL has a Debt/Equity ratio of 9.61. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 9.61, GHL is not doing good in the industry: 89.27% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.61 | ||
| Debt/FCF | 10.56 | ||
| Altman-Z | 0.83 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
GHL has a Current Ratio of 0.57. This is a bad value and indicates that GHL is not financially healthy enough and could expect problems in meeting its short term obligations.
GHL has a worse Current ratio (0.57) than 75.12% of its industry peers.
GHL has a Quick Ratio of 0.57. This is a bad value and indicates that GHL is not financially healthy enough and could expect problems in meeting its short term obligations.
GHL has a worse Quick ratio (0.57) than 75.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
GHL shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -947.37%.
GHL shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -30.66% yearly.
GHL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -11.32%.
Measured over the past years, GHL shows a small growth in Revenue. The Revenue has been growing by 1.56% on average per year.
EPS 1Y (TTM)-947.37%
EPS 3Y-30.66%
EPS 5YN/A
EPS Q2Q%-323.88%
Revenue 1Y (TTM)-11.32%
Revenue growth 3Y-4.95%
Revenue growth 5Y1.56%
Sales Q2Q%-62.15%
3.2 Future
Based on estimates for the next years, GHL will show a very strong growth in Earnings Per Share. The EPS will grow by 163.54% on average per year.
The Revenue is expected to grow by 8.16% on average over the next years. This is quite good.
EPS Next Y35.07%
EPS Next 2Y288.97%
EPS Next 3Y163.54%
EPS Next 5YN/A
Revenue Next Year-1.82%
Revenue Next 2Y9.65%
Revenue Next 3Y8.16%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
GHL reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
GHL is valuated correctly with a Price/Forward Earnings ratio of 16.31.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GHL is on the same level as its industry peers.
GHL's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.31 |
4.2 Price Multiples
71.71% of the companies in the same industry are more expensive than GHL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.73 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
GHL's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GHL's earnings are expected to grow with 163.54% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y288.97%
EPS Next 3Y163.54%
5. Dividend
5.1 Amount
GHL has a Yearly Dividend Yield of 2.67%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 9.57, GHL is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.36, GHL has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
5.2 History
The dividend of GHL decreases each year by -21.81%.
GHL has been paying a dividend for at least 10 years, so it has a reliable track record.
As GHL did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)-21.81%
Div Incr Years1
Div Non Decr Years5
5.3 Sustainability
GHL has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-40.59%
EPS Next 2Y288.97%
EPS Next 3Y163.54%
GREENHILL & CO INC
NYSE:GHL (11/30/2023, 8:04:01 PM)
After market: 15 +0.01 (+0.07%)14.99
-0.02 (-0.13%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners0.47%
Inst Owner Change0%
Ins Owners4.34%
Ins Owner Change0%
Market Cap282.11M
Analysts45
Price Target15.3 (2.07%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
Dividend Growth(5Y)-21.81%
DP-40.59%
Div Incr Years1
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-938.96%
Min EPS beat(2)-1847.23%
Max EPS beat(2)-30.69%
EPS beat(4)0
Avg EPS beat(4)-515.52%
Min EPS beat(4)-1847.23%
Max EPS beat(4)-22.2%
EPS beat(8)2
Avg EPS beat(8)-290.93%
EPS beat(12)4
Avg EPS beat(12)-206.97%
EPS beat(16)5
Avg EPS beat(16)-190.19%
Revenue beat(2)1
Avg Revenue beat(2)-22.17%
Min Revenue beat(2)-45.75%
Max Revenue beat(2)1.41%
Revenue beat(4)1
Avg Revenue beat(4)-14.64%
Min Revenue beat(4)-45.75%
Max Revenue beat(4)1.41%
Revenue beat(8)3
Avg Revenue beat(8)-0.84%
Revenue beat(12)5
Avg Revenue beat(12)-1.5%
Revenue beat(16)7
Avg Revenue beat(16)0.91%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-110%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-6.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 16.31 | ||
| P/S | 1.14 | ||
| P/FCF | 10.73 | ||
| P/OCF | 8.87 | ||
| P/B | 9.76 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-1.61
EYN/A
EPS(NY)0.92
Fwd EY6.13%
FCF(TTM)1.4
FCFY9.32%
OCF(TTM)1.69
OCFY11.27%
SpS13.16
BVpS1.54
TBVpS-8.95
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.43% | ||
| ROE | -93.77% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 95.76% | ||
| FCFM | 10.62% |
ROA(3y)4.46%
ROA(5y)4.74%
ROE(3y)26.64%
ROE(5y)33.47%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)11.88%
ROCE(5y)13.34%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-19.39%
OM growth 5Y22.54%
PM growth 3Y-29.57%
PM growth 5YN/A
GM growth 3Y-0.05%
GM growth 5Y-0.01%
F-Score3
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.61 | ||
| Debt/FCF | 10.56 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 90.16% | ||
| Cap/Sales | 2.22% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.83 |
F-Score3
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)226.52%
Cap/Depr(5y)151.1%
Cap/Sales(3y)3.2%
Cap/Sales(5y)2.14%
Profit Quality(3y)379.66%
Profit Quality(5y)309.15%
High Growth Momentum
Growth
EPS 1Y (TTM)-947.37%
EPS 3Y-30.66%
EPS 5YN/A
EPS Q2Q%-323.88%
EPS Next Y35.07%
EPS Next 2Y288.97%
EPS Next 3Y163.54%
EPS Next 5YN/A
Revenue 1Y (TTM)-11.32%
Revenue growth 3Y-4.95%
Revenue growth 5Y1.56%
Sales Q2Q%-62.15%
Revenue Next Year-1.82%
Revenue Next 2Y9.65%
Revenue Next 3Y8.16%
Revenue Next 5YN/A
EBIT growth 1Y-133.44%
EBIT growth 3Y-23.38%
EBIT growth 5Y24.45%
EBIT Next Year-39.45%
EBIT Next 3Y29.76%
EBIT Next 5YN/A
FCF growth 1Y-73.99%
FCF growth 3Y17.69%
FCF growth 5Y10.44%
OCF growth 1Y-72.82%
OCF growth 3Y24.36%
OCF growth 5Y12.59%