PJT PARTNERS INC - A (PJT)
US69343T1079 - Common Stock
Taking everything into account, PJT scores 6 out of 10 in our fundamental rating. PJT was compared to 218 industry peers in the Capital Markets industry. Both the profitability and the financial health of PJT get a neutral evaluation. Nothing too spectacular is happening here. PJT shows excellent growth, but is valued quite expensive already. With these ratings, PJT could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
In the past year PJT was profitable.
PJT had a positive operating cash flow in the past year.
Each year in the past 5 years PJT has been profitable.
Each year in the past 5 years PJT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of PJT (6.93%) is better than 78.14% of its industry peers.
With an excellent Return On Equity value of 67.88%, PJT belongs to the best of the industry, outperforming 98.60% of the companies in the same industry.
PJT has a better Return On Invested Capital (22.52%) than 97.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PJT is significantly above the industry average of 6.96%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 67.88% | ||
| ROIC | 22.52% |
ROA(3y)8.36%
ROA(5y)7.64%
ROE(3y)56.89%
ROE(5y)68.16%
ROIC(3y)24.25%
ROIC(5y)23.69%
1.3 Margins
The Profit Margin of PJT (8.03%) is worse than 66.05% of its industry peers.
In the last couple of years the Profit Margin of PJT has grown nicely.
The Operating Margin of PJT (18.91%) is worse than 60.00% of its industry peers.
In the last couple of years the Operating Margin of PJT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.91% | ||
| PM (TTM) | 8.03% | ||
| GM | N/A |
OM growth 3Y-11.52%
OM growth 5Y11.04%
PM growth 3Y-14.04%
PM growth 5Y8.88%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, PJT has less shares outstanding
Compared to 5 years ago, PJT has more shares outstanding
There is no outstanding debt for PJT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 3.09 indicates that PJT is not in any danger for bankruptcy at the moment.
PJT has a Altman-Z score of 3.09. This is in the better half of the industry: PJT outperforms 78.14% of its industry peers.
There is no outstanding debt for PJT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.09 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
PJT has a Current Ratio of 0.78. This is a bad value and indicates that PJT is not financially healthy enough and could expect problems in meeting its short term obligations.
PJT's Current ratio of 0.78 is on the low side compared to the rest of the industry. PJT is outperformed by 61.86% of its industry peers.
PJT has a Quick Ratio of 0.78. This is a bad value and indicates that PJT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.78, PJT is not doing good in the industry: 61.40% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 19.76% over the past year.
Measured over the past years, PJT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.47% on average per year.
The Revenue has grown by 21.70% in the past year. This is a very strong growth!
The Revenue has been growing by 14.73% on average over the past years. This is quite good.
EPS 1Y (TTM)19.76%
EPS 3Y-12.49%
EPS 5Y11.47%
EPS Q2Q%19.23%
Revenue 1Y (TTM)21.7%
Revenue growth 3Y3.1%
Revenue growth 5Y14.73%
Sales Q2Q%17.23%
3.2 Future
Based on estimates for the next years, PJT will show a very strong growth in Earnings Per Share. The EPS will grow by 21.24% on average per year.
Based on estimates for the next years, PJT will show a quite strong growth in Revenue. The Revenue will grow by 13.78% on average per year.
EPS Next Y32.68%
EPS Next 2Y27.8%
EPS Next 3Y21.24%
EPS Next 5YN/A
Revenue Next Year24.12%
Revenue Next 2Y18.25%
Revenue Next 3Y13.78%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 39.61 indicates a quite expensive valuation of PJT.
77.21% of the companies in the same industry are cheaper than PJT, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 28.96. PJT is valued slightly more expensive when compared to this.
A Price/Forward Earnings ratio of 30.11 indicates a quite expensive valuation of PJT.
Based on the Price/Forward Earnings ratio, PJT is valued a bit more expensive than 71.16% of the companies in the same industry.
PJT is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.61 | ||
| Fwd PE | 30.11 |
4.2 Price Multiples
80.00% of the companies in the same industry are more expensive than PJT, based on the Enterprise Value to EBITDA ratio.
74.88% of the companies in the same industry are more expensive than PJT, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.4 | ||
| EV/EBITDA | 13.76 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PJT has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as PJT's earnings are expected to grow with 21.24% in the coming years.
PEG (NY)1.21
PEG (5Y)3.45
EPS Next 2Y27.8%
EPS Next 3Y21.24%
5. Dividend
5.1 Amount
PJT has a yearly dividend return of 0.63%, which is pretty low.
Compared to an average industry Dividend Yield of 9.01, PJT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.23, PJT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
5.2 History
The dividend of PJT is nicely growing with an annual growth rate of 36.84%!
PJT has been paying a dividend for over 5 years, so it has already some track record.
PJT has decreased its dividend recently.
Dividend Growth(5Y)36.84%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
22.41% of the earnings are spent on dividend by PJT. This is a low number and sustainable payout ratio.
The dividend of PJT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP22.41%
EPS Next 2Y27.8%
EPS Next 3Y21.24%
PJT PARTNERS INC - A
NYSE:PJT (11/21/2024, 8:04:00 PM)
Premarket: 163.7 +2.89 (+1.8%)160.81
+4.95 (+3.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.83B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.63% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.61 | ||
| Fwd PE | 30.11 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.21
PEG (5Y)3.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 67.88% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 18.91% | ||
| PM (TTM) | 8.03% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)19.76%
EPS 3Y-12.49%
EPS 5Y
EPS Q2Q%
EPS Next Y32.68%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)21.7%
Revenue growth 3Y3.1%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y