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Market Cap

US$322.7m

Last Updated

2021/04/11 22:14 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


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 +/- 9% a week.

Volatility Over Time: GHL's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-1.8%

GHL

1.8%

US Capital Markets

2.1%

US Market


1 Year Return

62.8%

GHL

60.2%

US Capital Markets

56.3%

US Market

Return vs Industry: GHL exceeded the US Capital Markets industry which returned 60.2% over the past year.

Return vs Market: GHL exceeded the US Market which returned 56.3% over the past year.


Shareholder returns

GHLIndustryMarket
7 Day-1.8%1.8%2.1%
30 Day-8.1%1.9%2.4%
90 Day32.9%10.9%6.1%
1 Year65.5%62.8%63.9%60.2%59.1%56.3%
3 Year-12.8%-16.0%56.1%44.8%65.7%55.1%
5 Year-2.0%-17.4%154.9%123.3%122.3%97.6%

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

Valuation

Is Greenhill undervalued compared to its fair value and its price relative to the market?

10x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GHL ($16.54) is trading above our estimate of fair value ($0.67)

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 (10x) compared to the US Capital Markets industry average (24.9x).

PE vs Market: GHL is good value based on its PE Ratio (10x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: GHL is poor value based on its PEG Ratio (4.9x)


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 (68.7x).


Future Growth

How is Greenhill forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GHL's forecast earnings growth (2.1% per year) is above the savings rate (2%).

Earnings vs Market: GHL's earnings (2.1% per year) are forecast to grow slower than the US market (18.6% per year).

High Growth Earnings: GHL's earnings are forecast to grow, but not significantly.

Revenue vs Market: GHL's revenue (4.3% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: GHL's revenue (4.3% 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?

-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 10.3%.


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.


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


Dividend

What is Greenhill current dividend yield, its reliability and sustainability?

1.21%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GHL's dividend (1.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.26%).

High Dividend: GHL's dividend (1.21%) is low compared to the top 25% of dividend payers in the US market (3.5%).


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 thoroughly covered by earnings (14.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Scott Bok (60 yo)

11yrs

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 ($USD2.75M) is above average for companies of similar size in the US market ($USD1.48M).

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 (5.8 years average tenure).


Board Members

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$322.725m
  • Shares outstanding: 19.51m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 22:14
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.