Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide.
Fair value with moderate growth potential.
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's share price has been volatile over the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: GHL underperformed the US Capital Markets industry which returned 0.6% over the past year.
Return vs Market: GHL underperformed the US Market which returned 5% over the past year.
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 month ago | Simply Wall StA Rising Share Price Has Us Looking Closely At Greenhill & Co., Inc.'s (NYSE:GHL) P/E Ratio
1 month ago | Simply Wall StIs It Worth Considering Greenhill & Co., Inc. (NYSE:GHL) For Its Upcoming Dividend?
1 month ago | Simply Wall StDoes The Greenhill & Co., Inc. (NYSE:GHL) Share Price Fall With The Market?
Is Greenhill undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GHL ($10.06) is trading above our estimate of fair value ($5.16)
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 (12.2x) compared to the Capital Markets industry average (34x).
PE vs Market: GHL is good value based on its PE Ratio (12.2x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: GHL is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: GHL is overvalued based on its PB Ratio (18.7x) compared to the US Capital Markets industry average (9.3x).
How is Greenhill forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GHL's forecast earnings growth (58.9% per year) is above the savings rate (2.2%).
Earnings vs Market: GHL's earnings (58.9% per year) are forecast to grow faster than the US market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GHL's revenue (9% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: GHL's revenue (9% 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
How has Greenhill performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GHL has high quality earnings.
Growing Profit Margin: GHL's current net profit margins (6.5%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: GHL's earnings have declined by -32.8% per year over the past 5 years.
Accelerating Growth: GHL's earnings growth over the past year (9.2%) exceeds its 5-year average (-32.8% per year).
Earnings vs Industry: GHL earnings growth over the past year (9.2%) underperformed the Capital Markets industry 16%.
Return on Equity
High ROE: Whilst GHL's Return on Equity (186.51%) is outstanding, this metric is skewed due to their high level of debt.
How is Greenhill's financial position?
Financial Position Analysis
Short Term Liabilities: GHL's short term assets ($148.6M) exceed its short term liabilities ($54.8M).
Long Term Liabilities: GHL's short term assets ($148.6M) do not cover its long term liabilities ($368.7M).
Debt to Equity History and Analysis
Debt Level: GHL's debt to equity ratio (3402.7%) is considered high.
Reducing Debt: GHL's debt to equity ratio has increased from 15% to 3402.7% over the past 5 years.
Debt Coverage: GHL's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: Insufficient data to determine if GHL's interest payments on its debt are well covered by EBIT.
What is Greenhill current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GHL's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: GHL's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Stability and Growth of Payments
Stable Dividend: GHL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GHL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.2%), GHL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Bok (60yo)
Mr. Scott Lee Bok, J.D. is Chairman & CEO of Greenhill & Co., LLC. He previously served as Chief Executive Officer and earlier as Co-President. In addition, he has been a Director of Greenhill & Co., Inc. ...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD4.89M) is above average for companies of similar size in the US market ($USD1.35M).
Compensation vs Earnings: Scott's compensation has increased by more than 20% in the past year.
|Chairman & CEO||12.75yrs||US$4.89m||8.88% $16.3m|
|President & Co-Head of U.S. M&A||5yrs||US$2.32m||0.21% $392.3k|
|MD, COO & CFO||3.92yrs||US$1.86m||0.79% $1.5m|
|MD & Head of Healthcare Services||no data||no data||no data|
|MD, Director of Investor Relations & COO of Investment Banking||2.83yrs||no data||no data|
|Chief Information Officer||19.5yrs||no data||no data|
|MD, General Counsel & Corporate Secretary||0.83yr||no data||no data|
|MD & Head of Financial Technology||6.5yrs||no data||no data|
|MD & Head of European Industrial - Frankfurt||7.5yrs||no data||no data|
Experienced Management: GHL's management team is seasoned and experienced (5 years average tenure).
|Chairman & CEO||12.75yrs||US$4.89m||8.88% $16.3m|
|Founder & Chairman Emeritus||no data||no data||8.81% $16.2m|
|Lead Independent Director||4.5yrs||US$125.01k||0.26% $477.3k|
|Independent Director||2yrs||US$125.01k||0.072% $131.8k|
|Independent Director||3.08yrs||US$125.00k||0.085% $157.2k|
|Independent Director||7.25yrs||US$125.00k||0.11% $204.8k|
Experienced Board: GHL's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Greenhill & Co., Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Greenhill & Co., Inc.
- Ticker: GHL
- Exchange: NYSE
- Founded: 1996
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Implied Market Cap: US$184.074m
- Market Cap: US$188.958m
- Shares outstanding: 18.78m
- Website: https://www.greenhill.com
Number of Employees
- Greenhill & Co., Inc.
- 300 Park Avenue
- New York
- New York
- United States
|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|
Greenhill & Co., Inc., an independent investment bank, provides financial and strategic advisory services to corporations, partnerships, institutions, and governments worldwide. The company offers advisory services to clients in relation to mergers, acquisitions, divestitures, spin-offs, and other strategic transactions, as well as various stages of a transaction’s life cycle ranging from initial structuring and negotiation to final execution. It also advises clients on strategic matters, including activist response, defensive tactics, special committee projects, licensing deals, and joint ventures; and valuation, negotiation tactics, industry dynamics, structuring alternatives, and timing and pricing of transactions, as well as financing alternatives. In addition, the company provides debt restructuring advisory services to debtors, creditors, governments, pension funds and other stakeholders, and acquirers of distressed companies and assets; and advice on restructuring alternatives, capital structures, and sales or recapitalizations. Further, it assists clients in identifying and capitalizing on incremental sources of value; and who seek court-assisted reorganizations by developing and seeking approval for plans of reorganization, as well as the implementation of such plans. Additionally, the company advises on other financing matters, including debt issuances, equity financings, and exchange offers; and initial public offerings and other equity capital market transactions. It also offers financial advisory services to pension funds, endowments, and other institutional investors on transactions involving alternative assets; and advice to alternative asset fund sponsors for capital raising, financing, liquidity options, and related services. Greenhill & Co., Inc. was founded in 1996 and is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 00:01|
|End of Day Share Price||2020/07/06 00:00|
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.