Market Cap
US$290.6m
Last Updated
2021/06/23 01:37 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
Earnings are forecast to decline by an average of 0.6% per year for the next 3 years
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 +/- 8% a week.
Volatility Over Time: GHL's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
-2.4%
GHL
-1.0%
US Capital Markets
-0.1%
US Market
1 Year Return
52.1%
GHL
52.8%
US Capital Markets
39.0%
US Market
Return vs Industry: GHL matched the US Capital Markets industry which returned 52% over the past year.
Return vs Market: GHL exceeded the US Market which returned 39% over the past year.
Shareholder returns
| GHL | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -1.0% | -0.1% |
| 30 Day | -13.5% | 1.4% | 2.6% |
| 90 Day | -7.4% | 11.8% | 8.0% |
| 1 Year | 54.3%52.1% | 56.1%52.8% | 41.2%39.0% |
| 3 Year | -46.3%-48.3% | 68.2%56.0% | 62.4%52.3% |
| 5 Year | 8.7%-6.5% | 196.1%160.3% | 132.3%106.2% |
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
3 weeks ago | Simply Wall St
Greenhill (NYSE:GHL) Will Pay A Dividend Of US$0.053 weeks ago | Simply Wall St
Be Sure To Check Out Greenhill & Co., Inc. (NYSE:GHL) Before It Goes Ex-Dividend1 month ago | Simply Wall St
The Independent Director of Greenhill & Co., Inc. (NYSE:GHL), Kevin Ferro, Just Bought 705% More SharesValuation
Is Greenhill undervalued compared to its fair value and its price relative to the market?
6.95x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GHL ($14.85) is trading above our estimate of fair value ($7.6)
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 (6.9x) compared to the US Capital Markets industry average (15x).
PE vs Market: GHL is good value based on its PE Ratio (6.9x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: GHL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GHL is good value based on its PB Ratio (3.6x) compared to the US Capital Markets industry average (64.2x).
Future Growth
How is Greenhill forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
-0.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GHL's earnings are forecast to decline over the next 3 years (-0.6% per year).
Earnings vs Market: GHL's earnings are forecast to decline over the next 3 years (-0.6% per year).
High Growth Earnings: GHL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GHL's revenue (3.7% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: GHL's revenue (3.7% 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
Past Performance
How has Greenhill performed over the past 5 years?
-17.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GHL has high quality earnings.
Growing Profit Margin: GHL's current net profit margins (13.7%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: GHL's earnings have declined by 17.2% per year over the past 5 years.
Accelerating Growth: GHL's earnings growth over the past year (118.1%) exceeds its 5-year average (-17.2% per year).
Earnings vs Industry: GHL earnings growth over the past year (118.1%) exceeded the Capital Markets industry 48.4%.
Return on Equity
High ROE: Whilst GHL's Return on Equity (50.42%) is outstanding, this metric is skewed due to their high level of debt.
Financial Health
How is Greenhill's financial position?
Financial Position Analysis
Short Term Liabilities: GHL's short term assets ($160.9M) exceed its short term liabilities ($51.7M).
Long Term Liabilities: GHL's short term assets ($160.9M) do not cover its long term liabilities ($437.6M).
Debt to Equity History and Analysis
Debt Level: GHL's debt to equity ratio (395.5%) is considered high.
Reducing Debt: GHL's debt to equity ratio has increased from 32.7% to 395.5% over the past 5 years.
Debt Coverage: GHL's debt is well covered by operating cash flow (20.3%).
Interest Coverage: Insufficient data to determine if GHL's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Greenhill current dividend yield, its reliability and sustainability?
1.34%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GHL's dividend (1.35%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: GHL's dividend (1.35%) is low compared to the top 25% of dividend payers in the US market (3.44%).
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 (9.3%), GHL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.4yrs
Average management tenure
CEO
Scott Bok (60 yo)
11.17yrs
Tenure
US$2,750,000
Compensation
Mr. Scott Lee Bok, J.D. serves as Chairman of Greenhill & Co., Inc. since 2019 and serves as its Chief Executive Officer since April 2010. He served as Co-Chief Executive Officer at Greenhill & Co., Inc. f...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD2.75M) is above average for companies of similar size in the US market ($USD1.07M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GHL's management team is seasoned and experienced (5.4 years average tenure).
Board Members
Experienced Board: GHL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GHL insiders have bought more shares than they have sold 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$290.638m
- Shares outstanding: 19.52m
- Website: https://www.greenhill.com
Number of Employees
Location
- Greenhill & Co., Inc.
- 1271 Avenue of the Americas
- New York
- New York
- 10020
- United States
Listings
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 | 2021/06/23 01:37 |
| End of Day Share Price | 2021/06/22 00:00 |
| Earnings | 2021/03/31 |
| 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.