PJT PARTNERS INC - A (PJT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PJT - US69343T1079 - Common Stock
181.61 USD
-9.81 (-5.12%)
181.61 USD
0 (0%)
Overall PJT gets a fundamental rating of 6 out of 10. We evaluated PJT against 237 industry peers in the Capital Markets industry. PJT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. 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 and quality investing!
1. Profitability
1.1 Basic Checks
- PJT had positive earnings in the past year.
- 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
- Looking at the Return On Assets, with a value of 10.36%, PJT belongs to the top of the industry, outperforming 84.81% of the companies in the same industry.
- PJT has a better Return On Equity (77.90%) than 99.58% of its industry peers.
- PJT has a better Return On Invested Capital (30.29%) than 99.16% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for PJT is significantly above the industry average of 7.27%.
- The 3 year average ROIC (24.04%) for PJT is below the current ROIC(30.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.36% | ||
| ROE | 77.9% | ||
| ROIC | 30.29% |
ROA(3y)7.51%
ROA(5y)8.66%
ROE(3y)51.4%
ROE(5y)63.74%
ROIC(3y)24.04%
ROIC(5y)27.1%
1.3 Margins
- PJT has a worse Profit Margin (10.75%) than 60.76% of its industry peers.
- PJT's Profit Margin has improved in the last couple of years.
- PJT has a Operating Margin of 20.89%. This is comparable to the rest of the industry: PJT outperforms 47.68% of its industry peers.
- In the last couple of years the Operating Margin of PJT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.89% | ||
| PM (TTM) | 10.75% | ||
| GM | N/A |
OM growth 3Y-6.61%
OM growth 5Y6.04%
PM growth 3Y-5.62%
PM growth 5Y16.97%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The number of shares outstanding for PJT has been reduced compared to 1 year ago.
- PJT has more shares outstanding than it did 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
- An Altman-Z score of 4.82 indicates that PJT is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 4.82, PJT belongs to the best of the industry, outperforming 83.54% 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 | 4.82 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- PJT has a Current Ratio of 1.03. This is a normal value and indicates that PJT is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 1.03, PJT is in line with its industry, outperforming 45.99% of the companies in the same industry.
- PJT has a Quick Ratio of 1.03. This is a normal value and indicates that PJT is financially healthy and should not expect problems in meeting its short term obligations.
- PJT's Quick ratio of 1.03 is in line compared to the rest of the industry. PJT outperforms 47.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.03 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
- PJT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.16%, which is quite impressive.
- Measured over the past years, PJT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.72% on average per year.
- PJT shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.16%.
- PJT shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.78% yearly.
EPS 1Y (TTM)56.16%
EPS 3Y3.96%
EPS 5Y15.72%
EPS Q2Q%98.92%
Revenue 1Y (TTM)23.16%
Revenue growth 3Y14.61%
Revenue growth 5Y15.78%
Sales Q2Q%37.01%
3.2 Future
- PJT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.58% yearly.
- Based on estimates for the next years, PJT will show a quite strong growth in Revenue. The Revenue will grow by 13.52% on average per year.
EPS Next Y36.88%
EPS Next 2Y23.7%
EPS Next 3Y18.58%
EPS Next 5YN/A
Revenue Next Year22.82%
Revenue Next 2Y16.71%
Revenue Next 3Y13.52%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- 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 28.65 indicates a quite expensive valuation of PJT.
- 72.15% of the companies in the same industry are cheaper than PJT, based on the Price/Earnings ratio.
- PJT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 23.74, which indicates a rather expensive current valuation of PJT.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of PJT indicates a slightly more expensive valuation: PJT is more expensive than 60.76% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.98, PJT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.65 | ||
| Fwd PE | 23.74 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, PJT is valued a bit cheaper than 73.42% of the companies in the same industry.
- 73.42% 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 | 13.42 | ||
| EV/EBITDA | 19.62 |
4.3 Compensation for Growth
- PJT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of PJT may justify a higher PE ratio.
- A more expensive valuation may be justified as PJT's earnings are expected to grow with 18.58% in the coming years.
PEG (NY)0.78
PEG (5Y)1.82
EPS Next 2Y23.7%
EPS Next 3Y18.58%
5. Dividend
5.1 Amount
- PJT has a yearly dividend return of 0.52%, which is pretty low.
- Compared to an average industry Dividend Yield of 5.87, PJT is paying slightly less dividend.
- With a Dividend Yield of 0.52, PJT pays less dividend than the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
- On average, the dividend of PJT grows each year by 38.02%, which is quite nice.
- PJT has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of PJT decreased in the last 3 years.
Dividend Growth(5Y)38.02%
Div Incr Years0
Div Non Decr Years2
5.3 Sustainability
- 13.70% of the earnings are spent on dividend by PJT. This is a low number and sustainable payout ratio.
- PJT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP13.7%
EPS Next 2Y23.7%
EPS Next 3Y18.58%
PJT PARTNERS INC - A / PJT FAQ
What is the fundamental rating for PJT stock?
ChartMill assigns a fundamental rating of 6 / 10 to PJT.
What is the valuation status of PJT PARTNERS INC - A (PJT) stock?
ChartMill assigns a valuation rating of 4 / 10 to PJT PARTNERS INC - A (PJT). This can be considered as Fairly Valued.
What is the profitability of PJT stock?
PJT PARTNERS INC - A (PJT) has a profitability rating of 7 / 10.
How financially healthy is PJT PARTNERS INC - A?
The financial health rating of PJT PARTNERS INC - A (PJT) is 7 / 10.
Can you provide the expected EPS growth for PJT stock?
The Earnings per Share (EPS) of PJT PARTNERS INC - A (PJT) is expected to grow by 36.88% in the next year.