Greenhill Valuation

Q: What is the Fair Price of GHL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GHL ($14.99) is trading above our estimate of [[fair value]] ($11.26)

Is GHL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of GHL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GHL ($14.99) is trading above our estimate of fair value ($11.26)

Significantly Below Fair Value: GHL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GHL?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for GHL. This is calculated by dividing GHL's market cap by their current preferred multiple.
What is GHL's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$282.04m

GHL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does GHL's PS Ratio compare to its peers?

The above table shows the PS ratio for GHL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.9x
RILY B. Riley Financial	0.1x	n/a	US$178.6m
OPY Oppenheimer Holdings	0.5x	n/a	US$583.0m
AMTD AMTD IDEA Group	0.7x	n/a	US$85.2m
WAI Top KingWin	22.2x	n/a	US$86.9m
GHL Greenhill	1.3x	11.9%	US$282.0m

Price-To-Sales vs Peers: GHL is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (3.9x).

Price to Earnings Ratio vs Industry

How does GHL's PE Ratio compare vs other companies in the US Capital Markets Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	14.4%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: GHL is good value based on its Price-To-Sales Ratio (1.3x) compared to the US Capital Markets industry average (2.8x).

Price to Sales Ratio vs Fair Ratio

What is GHL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GHL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.3x
Fair PS Ratio	0.8x

Price-To-Sales vs Fair Ratio: GHL is expensive based on its Price-To-Sales Ratio (1.3x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.