PJT PARTNERS INC - A (PJT)
US69343T1079 - Common Stock
Overall PJT gets a fundamental rating of 6 out of 10. We evaluated PJT against 220 industry peers in the Capital Markets industry. PJT scores excellent on profitability, but there are some minor concerns on its financial health. PJT is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make PJT suitable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year PJT was profitable.
In the past year PJT had a positive cash flow from operations.
Each year in the past 5 years PJT has been profitable.
In the past 5 years PJT always reported a positive cash flow from operatings.
1.2 Ratios
PJT's Return On Assets of 6.93% is amongst the best of the industry. PJT outperforms 81.11% of its industry peers.
PJT has a Return On Equity of 67.88%. This is amongst the best in the industry. PJT outperforms 98.62% of its industry peers.
PJT has a Return On Invested Capital of 22.52%. This is amongst the best in the industry. PJT outperforms 97.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PJT is significantly above the industry average of 6.99%.
| 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 64.98% of its industry peers.
PJT's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 18.91%, PJT perfoms like the industry average, outperforming 40.09% of the companies in the same industry.
PJT's Operating Margin has improved in the last couple of years.
| 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
PJT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for PJT has been increased compared to 5 years ago.
PJT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
PJT has an Altman-Z score of 3.06. This indicates that PJT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.06, PJT is in the better half of the industry, outperforming 79.26% of the companies in the same industry.
PJT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 3.06 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.78 indicates that PJT may have some problems paying its short term obligations.
PJT has a Current ratio of 0.78. This is in the lower half of the industry: PJT underperforms 62.21% of its industry peers.
A Quick Ratio of 0.78 indicates that PJT may have some problems paying its short term obligations.
PJT's Quick ratio of 0.78 is on the low side compared to the rest of the industry. PJT is outperformed by 61.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
PJT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.76%, which is quite good.
The Earnings Per Share has been growing by 11.47% on average over the past years. This is quite good.
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 22.80% on average per year.
PJT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.02% yearly.
EPS Next Y32.84%
EPS Next 2Y29.47%
EPS Next 3Y22.8%
EPS Next 5YN/A
Revenue Next Year24.21%
Revenue Next 2Y18.51%
Revenue Next 3Y14.02%
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
Based on the Price/Earnings ratio of 39.19, the valuation of PJT can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PJT indicates a slightly more expensive valuation: PJT is more expensive than 76.96% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.37. PJT is valued slightly more expensive when compared to this.
The Price/Forward Earnings ratio is 29.03, which means the current valuation is very expensive for PJT.
Based on the Price/Forward Earnings ratio, PJT is valued a bit more expensive than the industry average as 73.27% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.85, PJT is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.19 | ||
| Fwd PE | 29.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PJT is valued cheaply inside the industry as 80.18% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, PJT is valued a bit cheaper than 73.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.31 | ||
| EV/EBITDA | 13.42 |
4.3 Compensation for Growth
PJT's 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 22.80% in the coming years.
PEG (NY)1.19
PEG (5Y)3.42
EPS Next 2Y29.47%
EPS Next 3Y22.8%
5. Dividend
5.1 Amount
PJT has a yearly dividend return of 0.65%, which is pretty low.
Compared to an average industry Dividend Yield of 9.57, PJT is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.36, PJT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
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 in the last 3 years.
Dividend Growth(5Y)36.84%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
PJT pays out 22.41% of its income as dividend. This is a 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 2Y29.47%
EPS Next 3Y22.8%
PJT PARTNERS INC - A
NYSE:PJT (12/24/2024, 11:55:37 AM)
159.105
+2.06 (+1.31%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners87.69%
Inst Owner ChangeN/A
Ins Owners7.87%
Ins Owner Change-19.97%
Market Cap3.79B
Analysts47.69
Price Target142.8 (-10.25%)
Short Float %6.35%
Short Ratio6.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.65% |
Dividend Growth(5Y)36.84%
DP22.41%
Div Incr Years0
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)35.42%
Min EPS beat(2)1.19%
Max EPS beat(2)69.65%
EPS beat(4)4
Avg EPS beat(4)49.09%
Min EPS beat(4)1.19%
Max EPS beat(4)117.56%
EPS beat(8)6
Avg EPS beat(8)36.98%
EPS beat(12)8
Avg EPS beat(12)26.66%
EPS beat(16)11
Avg EPS beat(16)24.01%
Revenue beat(2)2
Avg Revenue beat(2)14.9%
Min Revenue beat(2)3.34%
Max Revenue beat(2)26.46%
Revenue beat(4)4
Avg Revenue beat(4)19.73%
Min Revenue beat(4)3.34%
Max Revenue beat(4)42.22%
Revenue beat(8)6
Avg Revenue beat(8)16.1%
Revenue beat(12)9
Avg Revenue beat(12)12.39%
Revenue beat(16)12
Avg Revenue beat(16)10.04%
PT rev (1m)5.11%
PT rev (3m)13.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-13.53%
EPS NY rev (1m)0.12%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2%
Revenue NY rev (1m)0.07%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.19 | ||
| Fwd PE | 29.03 | ||
| P/S | 2.82 | ||
| P/FCF | 8.31 | ||
| P/OCF | 8.25 | ||
| P/B | 23.79 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.42 |
EPS(TTM)4.06
EY2.55%
EPS(NY)5.48
Fwd EY3.44%
FCF(TTM)19.15
FCFY12.04%
OCF(TTM)19.29
OCFY12.13%
SpS56.51
BVpS6.69
TBVpS-0.96
PEG (NY)1.19
PEG (5Y)3.42
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.93% | ||
| ROE | 67.88% | ||
| ROCE | 27.49% | ||
| ROIC | 22.52% | ||
| ROICexc | 26.84% | ||
| ROICexgc | 46.48% | ||
| OM | 18.91% | ||
| PM (TTM) | 8.03% | ||
| GM | N/A | ||
| FCFM | 33.89% |
ROA(3y)8.36%
ROA(5y)7.64%
ROE(3y)56.89%
ROE(5y)68.16%
ROIC(3y)24.25%
ROIC(5y)23.69%
ROICexc(3y)34.7%
ROICexc(5y)35.99%
ROICexgc(3y)76.67%
ROICexgc(5y)86.17%
ROCE(3y)29.6%
ROCE(5y)28.92%
ROICexcg growth 3Y-16.51%
ROICexcg growth 5Y25.34%
ROICexc growth 3Y-16.53%
ROICexc growth 5Y22.28%
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
F-Score7
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 26.07% | ||
| Cap/Sales | 0.25% | ||
| Interest Coverage | 12713 | ||
| Cash Conversion | 171.71% | ||
| Profit Quality | 421.82% | ||
| Current Ratio | 0.78 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 3.06 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)30.34%
Cap/Depr(5y)42.13%
Cap/Sales(3y)0.44%
Cap/Sales(5y)0.68%
Profit Quality(3y)303.41%
Profit Quality(5y)397.72%
High Growth Momentum
Growth
EPS 1Y (TTM)19.76%
EPS 3Y-12.49%
EPS 5Y11.47%
EPS Q2Q%19.23%
EPS Next Y32.84%
EPS Next 2Y29.47%
EPS Next 3Y22.8%
EPS Next 5YN/A
Revenue 1Y (TTM)21.7%
Revenue growth 3Y3.1%
Revenue growth 5Y14.73%
Sales Q2Q%17.23%
Revenue Next Year24.21%
Revenue Next 2Y18.51%
Revenue Next 3Y14.02%
Revenue Next 5YN/A
EBIT growth 1Y17.01%
EBIT growth 3Y-8.77%
EBIT growth 5Y27.4%
EBIT Next Year39.73%
EBIT Next 3Y25.78%
EBIT Next 5YN/A
FCF growth 1Y72.17%
FCF growth 3Y-1.69%
FCF growth 5Y30.48%
OCF growth 1Y70.75%
OCF growth 3Y-2.02%
OCF growth 5Y29.15%