Market Cap
US$307.3m
Last Updated
2021/03/07 00:23 UTC
Data Sources
Company Financials +
Executive Summary
Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record and fair value.
Similar Companies
Share Price & News
How has Greenhill's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GHL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: GHL's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
4.4%
GHL
1.5%
US Capital Markets
-0.4%
US Market
1 Year Return
35.3%
GHL
45.4%
US Capital Markets
36.2%
US Market
Return vs Industry: GHL underperformed the US Capital Markets industry which returned 45.4% over the past year.
Return vs Market: GHL matched the US Market which returned 36.2% over the past year.
Shareholder returns
| GHL | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.4% | 1.5% | -0.4% |
| 30 Day | 12.2% | 3.3% | -2.3% |
| 90 Day | 10.1% | 14.5% | 5.0% |
| 1 Year | 37.6%35.3% | 49.0%45.4% | 39.1%36.2% |
| 3 Year | -20.2%-23.2% | 35.9%25.9% | 48.4%39.0% |
| 5 Year | -18.8%-31.5% | 145.9%115.5% | 116.6%92.4% |
Long-Term Price Volatility Vs. Market
How volatile is Greenhill's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Greenhill & Co., Inc. (NYSE:GHL) Looks Like A Good Stock, And It's Going Ex-Dividend Soon1 month ago | Simply Wall St
Greenhill's (NYSE:GHL) Stock Price Has Reduced 33% In The Past Five Years1 month ago | Simply Wall St
What Kind Of Investors Own Most Of Greenhill & Co., Inc. (NYSE:GHL)?Valuation
Is Greenhill undervalued compared to its fair value and its price relative to the market?
9.52x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GHL ($15.75) is trading above our estimate of fair value ($0.68)
Significantly Below Fair Value: GHL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GHL is good value based on its PE Ratio (9.5x) compared to the US Capital Markets industry average (23.4x).
PE vs Market: GHL is good value based on its PE Ratio (9.5x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: GHL is poor value based on its PEG Ratio (5.2x)
Price to Book Ratio
PB vs Industry: GHL is good value based on its PB Ratio (3.4x) compared to the US Capital Markets industry average (19.8x).
Next Steps
Future Growth
How is Greenhill forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
1.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GHL's forecast earnings growth (1.8% per year) is below the savings rate (2%).
Earnings vs Market: GHL's earnings (1.8% per year) are forecast to grow slower than the US market (19.2% per year).
High Growth Earnings: GHL's earnings are forecast to grow, but not significantly.
Revenue vs Market: GHL's revenue (4% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: GHL's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GHL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Greenhill performed over the past 5 years?
-24.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GHL has high quality earnings.
Growing Profit Margin: GHL's current net profit margins (10.6%) are higher than last year (4%).
Past Earnings Growth Analysis
Earnings Trend: GHL's earnings have declined by 24.5% per year over the past 5 years.
Accelerating Growth: GHL's earnings growth over the past year (183.2%) exceeds its 5-year average (-24.5% per year).
Earnings vs Industry: GHL earnings growth over the past year (183.2%) exceeded the Capital Markets industry 10.4%.
Return on Equity
High ROE: Whilst GHL's Return on Equity (35.58%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Greenhill's financial position?
Financial Position Analysis
Short Term Liabilities: GHL's short term assets ($207.1M) exceed its short term liabilities ($67.1M).
Long Term Liabilities: GHL's short term assets ($207.1M) do not cover its long term liabilities ($430.6M).
Debt to Equity History and Analysis
Debt Level: GHL's debt to equity ratio (364.5%) is considered high.
Reducing Debt: GHL's debt to equity ratio has increased from 26.1% to 364.5% over the past 5 years.
Debt Coverage: GHL's debt is well covered by operating cash flow (26.2%).
Interest Coverage: Insufficient data to determine if GHL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Greenhill current dividend yield, its reliability and sustainability?
1.27%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GHL's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: GHL's dividend (1.27%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: GHL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GHL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.1%), GHL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: GHL's dividends in 3 years are forecast to be well covered by earnings (15.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average management tenure
CEO
Scott Bok (60 yo)
13.42yrs
Tenure
US$4,890,427
Compensation
Mr. Scott Lee Bok, J.D. is Chairman of Greenhill & Co., LLC. And serves as its Chief Executive Officer since April 2010. He previously served as Chief Executive Officer and earlier as Co-President. In addi...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD4.89M) is above average for companies of similar size in the US market ($USD1.49M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.42yrs | US$4.89m | 10.08% $ 31.0m | |
| President | 5.67yrs | US$2.60m | 0% $ 0 | |
| President and Co-Head of U.S. M&A | 5.67yrs | US$2.32m | 0.11% $ 340.9k | |
| MD, COO & CFO | 4.58yrs | US$1.86m | 0.83% $ 2.6m | |
| Founder & Chairman Emeritus | no data | no data | 12.58% $ 38.6m | |
| MD & Head of Healthcare Services | no data | no data | no data | |
| MD, Director of Investor Relations & COO of Investment Banking | 3.5yrs | no data | no data | |
| Chief Information Officer | 20.17yrs | no data | no data | |
| Director of Compliance | 2.42yrs | no data | no data | |
| Executive Officer | 1.5yrs | no data | 0.019% $ 57.4k | |
| MD & Head of Financial Technology | 7.17yrs | no data | no data | |
| MD & Head of European Industrial - Frankfurt | 8.17yrs | no data | no data |
5.7yrs
Average Tenure
59yo
Average Age
Experienced Management: GHL's management team is seasoned and experienced (5.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.42yrs | US$4.89m | 10.08% $ 31.0m | |
| Founder & Chairman Emeritus | no data | no data | 12.58% $ 38.6m | |
| Lead Independent Director | 5.17yrs | US$125.01k | 0.29% $ 900.3k | |
| Independent Director | 2.67yrs | US$125.01k | 0.12% $ 359.0k | |
| Independent Director | 3.75yrs | US$125.00k | 0.10% $ 319.3k | |
| Independent Director | 7.92yrs | US$125.00k | 0.13% $ 395.7k |
3.8yrs
Average Tenure
67.5yo
Average Age
Experienced Board: GHL's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GHL insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Greenhill & Co., Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Greenhill & Co., Inc.
- Ticker: GHL
- Exchange: NYSE
- Founded: 1996
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$307.311m
- Shares outstanding: 19.51m
- Website: https://www.greenhill.com
Number of Employees
Location
- Greenhill & Co., Inc.
- 300 Park Avenue
- New York
- New York
- 10022
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GHL | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 2004 |
| GH3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | May 2004 |
Biography
Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 00:23 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.