Greenhill & Company is an investment bank focused on providing financial advice on significant mergers, acquisitions, restructurings, financings and capital raisings to corporations, partnerships, institutions and governments. The company was founded in 1996 and is based in New York, New York.
GHL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Greenhill & Co Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Greenhill & Co Inc ranked in the 75th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 271.83% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Greenhill & Co Inc, consider:
The company has produced more trailing twelve month cash flow than only 23.41% of its sector Financial Services.
35% of the company's capital comes from equity, which is greater than just 16.97% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 65% of the company's capital (with equity being the remaining amount). Approximately 82.99% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Greenhill & Co Inc? See IVZ, ADS, UIHC, DGICA, and ACGL.
VAUGHAN, ON , May 15, 2020 /CNW/ - On March 31, 2020 , CannTrust Holdings Inc. (the "Company") announced that the Company and certain of its subsidiaries (collectively, "CannTrust") were granted protection pursuant to an order issued under the Companies' Creditors Arrangement Act by the Ontario Superior Court of Justice (the "Court") and that Ernst & Young Inc. was appointed monitor (in such capacity, the "Monitor"). In addition, the Court approved CannTrust's agreement engaging Greenhill & Co. Canada Ltd (the "Financial Advisor") as financial advisor. On May 8, 2020 , the Court issued an order (the "SISP Order") authorizing and directing CannTrust to undertake a sale and investment solicitation process (the "SISP"). The SISP Order requires the Company to issue this press release to ann...
Moody's Investors Service ("Moody's") today downgraded the ratings of Greenhill & Co., Inc. (Greenhill) to Ba3 from Ba2. The downgrade reflects Moody's expectation that Greenhill's debt/EBITDA on a Moody's adjusted basis is unlikely to improve to below 4.0x on a sustained basis over the medium-term, notwithstanding an expected improvement in profitability and cash flow generation over the second half of 2020 and into 2021. Greenhill's results for 2019 were weaker than expected, driven by a slowdown in global M&A activity and a significant decline in the firm's European business.
Joining me on the call today is Scott Bok, our chairman and chief executive officer. Today's call may include forward-looking statements. The firm's actual results and financial condition may differ, possibly materially, from what is indicated in those forward-looking statements.