PJT Partners Inc. (PJT) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B above the industry

PJT Partners's price-to-book of 10.61 is above the Services Allied with the Exchange of Securities median of 3.64.

Trading below fair value

The share price of $151.29 is below our fair value estimate of $195.97.

Margin of safety over 20%

The price is 22.8% below fair value, more than the 20% cushion we look for.

Revenue growing 10%+ a year

Revenue grew 18.7% a year over the last three fiscal years.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings growth not accelerating

Net income grew 7.6% over the last twelve months, against a 5-year average of 8.9% a year.

Growing faster than the industry

Revenue grew 10.2% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 64.6% over the last twelve months and averaged 61.9% over five years.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

PJT Partners's return on equity of 64.6% is above the Services Allied with the Exchange of Securities median of 15.7%.

Earnings grew over 5 years

Net income grew 8.9% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 10.5% over the last twelve months, against a 5-year average of 9.2%.

Net margin below the industry

PJT Partners's net margin of 10.5% is below the Services Allied with the Exchange of Securities median of 15.7%.

No debt

PJT Partners has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Low bankruptcy risk

The Altman Z-score is 3.93; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

PJT Partners paid dividends worth 0.7% of the share price over the last twelve months.

Yield below Treasuries

The 0.7% yield is below the 4.6% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.9% or more; PJT Partners yields 0.7%.

Dividend stability

Fewer than five years of dividend history.

Covered by earnings

Dividends take 13.3% of net income.

Covered by free cash flow

Dividends take 3.7% of free cash flow.