LAZARD INC (LAZ) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LAZ - US52110M1099 - Common Stock
50.89 USD
+0.11 (+0.22%)
50.89 USD
0 (0%)
LAZ gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 235 industry peers in the Capital Markets industry. LAZ has an average financial health and profitability rating. LAZ is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year LAZ was profitable.
LAZ had a positive operating cash flow in the past year.
LAZ had positive earnings in 4 of the past 5 years.
Each year in the past 5 years LAZ had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 5.76%, LAZ is doing good in the industry, outperforming 74.47% of the companies in the same industry.
LAZ has a Return On Equity of 31.69%. This is amongst the best in the industry. LAZ outperforms 96.60% of its industry peers.
LAZ has a better Return On Invested Capital (7.05%) than 77.87% of its industry peers.
LAZ had an Average Return On Invested Capital over the past 3 years of 6.49%. This is in line with the industry average of 7.14%.
The last Return On Invested Capital (7.05%) for LAZ is above the 3 year average (6.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | 31.69% | ||
| ROIC | 7.05% |
ROA(3y)3.33%
ROA(5y)4.77%
ROE(3y)29.09%
ROE(5y)36.77%
ROIC(3y)6.49%
ROIC(5y)7.55%
1.3 Margins
Looking at the Profit Margin, with a value of 8.61%, LAZ is doing worse than 62.98% of the companies in the same industry.
In the last couple of years the Profit Margin of LAZ has declined.
The Operating Margin of LAZ (11.10%) is worse than 65.11% of its industry peers.
In the last couple of years the Operating Margin of LAZ has declined.
LAZ has a Gross Margin of 93.47%. This is amongst the best in the industry. LAZ outperforms 94.89% of its industry peers.
LAZ's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.1% | ||
| PM (TTM) | 8.61% | ||
| GM | 93.47% |
OM growth 3Y-20.51%
OM growth 5Y-6.29%
PM growth 3Y-17.15%
PM growth 5Y-3.2%
GM growth 3Y0%
GM growth 5Y0.18%
2. Health
2.1 Basic Checks
Compared to 1 year ago, LAZ has more shares outstanding
The number of shares outstanding for LAZ has been reduced compared to 5 years ago.
Compared to 1 year ago, LAZ has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.33 indicates that LAZ is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of LAZ (2.33) is better than 71.49% of its industry peers.
LAZ has a debt to FCF ratio of 4.81. This is a neutral value as LAZ would need 4.81 years to pay back of all of its debts.
The Debt to FCF ratio of LAZ (4.81) is better than 71.06% of its industry peers.
A Debt/Equity ratio of 2.52 is on the high side and indicates that LAZ has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.52, LAZ is doing worse than 79.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | 4.81 | ||
| Altman-Z | 2.33 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.58 indicates that LAZ should not have too much problems paying its short term obligations.
LAZ's Current ratio of 1.58 is fine compared to the rest of the industry. LAZ outperforms 70.64% of its industry peers.
A Quick Ratio of 1.58 indicates that LAZ should not have too much problems paying its short term obligations.
LAZ has a better Quick ratio (1.58) than 70.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.58 |
3. Growth
3.1 Past
LAZ shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.01%, which is quite good.
Measured over the past years, LAZ shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.47% on average per year.
Looking at the last year, LAZ shows a decrease in Revenue. The Revenue has decreased by -1.54% in the last year.
LAZ shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.56% yearly.
EPS 1Y (TTM)9.01%
EPS 3Y-22.62%
EPS 5Y-6.47%
EPS Q2Q%47.37%
Revenue 1Y (TTM)-1.54%
Revenue growth 3Y-2.59%
Revenue growth 5Y2.56%
Sales Q2Q%12.19%
3.2 Future
LAZ is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.37% yearly.
Based on estimates for the next years, LAZ will show a quite strong growth in Revenue. The Revenue will grow by 11.76% on average per year.
EPS Next Y8.4%
EPS Next 2Y28.88%
EPS Next 3Y28.37%
EPS Next 5YN/A
Revenue Next Year7.24%
Revenue Next 2Y12.17%
Revenue Next 3Y11.76%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
LAZ is valuated rather expensively with a Price/Earnings ratio of 21.03.
Compared to the rest of the industry, the Price/Earnings ratio of LAZ is on the same level as its industry peers.
When comparing the Price/Earnings ratio of LAZ to the average of the S&P500 Index (27.17), we can say LAZ is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 13.09, the valuation of LAZ can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LAZ indicates a somewhat cheap valuation: LAZ is cheaper than 60.43% of the companies listed in the same industry.
LAZ is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.03 | ||
| Fwd PE | 13.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LAZ is valued cheaper than 82.98% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LAZ indicates a somewhat cheap valuation: LAZ is cheaper than 74.04% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.97 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
LAZ has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as LAZ's earnings are expected to grow with 28.37% in the coming years.
PEG (NY)2.5
PEG (5Y)N/A
EPS Next 2Y28.88%
EPS Next 3Y28.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.12%, LAZ is a good candidate for dividend investing.
LAZ's Dividend Yield is comparable with the industry average which is at 6.39.
Compared to an average S&P500 Dividend Yield of 1.94, LAZ pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
5.2 History
The dividend of LAZ decreases each year by -2.47%.
LAZ has paid a dividend for at least 10 years, which is a reliable track record.
LAZ has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-2.47%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
LAZ pays out 69.07% of its income as dividend. This is not a sustainable payout ratio.
DP69.07%
EPS Next 2Y28.88%
EPS Next 3Y28.37%
50.89
+0.11 (+0.22%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners91.49%
Inst Owner Change0%
Ins Owners0.7%
Ins Owner Change-2.11%
Market Cap4.83B
Revenue(TTM)3.10B
Net Income(TTM)266.70M
Analysts70
Price Target58.87 (15.68%)
Short Float %5.27%
Short Ratio5.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.12% |
Yearly Dividend2.01
Dividend Growth(5Y)-2.47%
DP69.07%
Div Incr Years0
Div Non Decr Years11
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.03%
Min EPS beat(2)22.59%
Max EPS beat(2)29.47%
EPS beat(4)4
Avg EPS beat(4)34.58%
Min EPS beat(4)22.59%
Max EPS beat(4)46.49%
EPS beat(8)7
Avg EPS beat(8)33.88%
EPS beat(12)8
Avg EPS beat(12)12.25%
EPS beat(16)12
Avg EPS beat(16)14.57%
Revenue beat(2)1
Avg Revenue beat(2)5.2%
Min Revenue beat(2)-1.13%
Max Revenue beat(2)11.53%
Revenue beat(4)2
Avg Revenue beat(4)2.79%
Min Revenue beat(4)-4.17%
Max Revenue beat(4)11.53%
Revenue beat(8)5
Avg Revenue beat(8)4.66%
Revenue beat(12)7
Avg Revenue beat(12)3.25%
Revenue beat(16)10
Avg Revenue beat(16)4.49%
PT rev (1m)4.39%
PT rev (3m)2.54%
EPS NQ rev (1m)-1.27%
EPS NQ rev (3m)-10.48%
EPS NY rev (1m)-0.4%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)0.53%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)0.29%
Revenue NY rev (3m)-0.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.03 | ||
| Fwd PE | 13.09 | ||
| P/S | 1.56 | ||
| P/FCF | 10.97 | ||
| P/OCF | 10 | ||
| P/B | 5.74 | ||
| P/tB | 10.82 | ||
| EV/EBITDA | 13.74 |
EPS(TTM)2.42
EY4.76%
EPS(NY)3.89
Fwd EY7.64%
FCF(TTM)4.64
FCFY9.12%
OCF(TTM)5.09
OCFY10%
SpS32.63
BVpS8.87
TBVpS4.7
PEG (NY)2.5
PEG (5Y)N/A
Graham Number21.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.76% | ||
| ROE | 31.69% | ||
| ROCE | 10.52% | ||
| ROIC | 7.05% | ||
| ROICexc | 11.44% | ||
| ROICexgc | 17% | ||
| OM | 11.1% | ||
| PM (TTM) | 8.61% | ||
| GM | 93.47% | ||
| FCFM | 14.22% |
ROA(3y)3.33%
ROA(5y)4.77%
ROE(3y)29.09%
ROE(5y)36.77%
ROIC(3y)6.49%
ROIC(5y)7.55%
ROICexc(3y)12%
ROICexc(5y)15.18%
ROICexgc(3y)16.01%
ROICexgc(5y)19.68%
ROCE(3y)10.39%
ROCE(5y)12.97%
ROICexgc growth 3Y-5.07%
ROICexgc growth 5Y-1.07%
ROICexc growth 3Y-9.8%
ROICexc growth 5Y-2.23%
OM growth 3Y-20.51%
OM growth 5Y-6.29%
PM growth 3Y-17.15%
PM growth 5Y-3.2%
GM growth 3Y0%
GM growth 5Y0.18%
F-Score8
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.52 | ||
| Debt/FCF | 4.81 | ||
| Debt/EBITDA | 5.6 | ||
| Cap/Depr | 123.3% | ||
| Cap/Sales | 1.37% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 127.68% | ||
| Profit Quality | 165.08% | ||
| Current Ratio | 1.58 | ||
| Quick Ratio | 1.58 | ||
| Altman-Z | 2.33 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)102.56%
Cap/Depr(5y)117.06%
Cap/Sales(3y)1.44%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.01%
EPS 3Y-22.62%
EPS 5Y-6.47%
EPS Q2Q%47.37%
EPS Next Y8.4%
EPS Next 2Y28.88%
EPS Next 3Y28.37%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.54%
Revenue growth 3Y-2.59%
Revenue growth 5Y2.56%
Sales Q2Q%12.19%
Revenue Next Year7.24%
Revenue Next 2Y12.17%
Revenue Next 3Y11.76%
Revenue Next 5YN/A
EBIT growth 1Y-20.4%
EBIT growth 3Y-22.57%
EBIT growth 5Y-3.9%
EBIT Next Year13.62%
EBIT Next 3Y30.93%
EBIT Next 5YN/A
FCF growth 1Y371.37%
FCF growth 3Y-5.5%
FCF growth 5Y1.88%
OCF growth 1Y251.26%
OCF growth 3Y-4.99%
OCF growth 5Y1.84%
LAZARD INC / LAZ FAQ
Can you provide the ChartMill fundamental rating for LAZARD INC?
ChartMill assigns a fundamental rating of 5 / 10 to LAZ.
What is the valuation status of LAZARD INC (LAZ) stock?
ChartMill assigns a valuation rating of 5 / 10 to LAZARD INC (LAZ). This can be considered as Fairly Valued.
Can you provide the profitability details for LAZARD INC?
LAZARD INC (LAZ) has a profitability rating of 6 / 10.
How financially healthy is LAZARD INC?
The financial health rating of LAZARD INC (LAZ) is 5 / 10.
Can you provide the expected EPS growth for LAZ stock?
The Earnings per Share (EPS) of LAZARD INC (LAZ) is expected to grow by 8.4% in the next year.