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CEP vs PJT
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
CEP vs PJT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Shell Companies | Financial - Capital Markets |
| Market Cap | $147M | $3.70B |
| Revenue (TTM) | $0.00 | $1.71B |
| Net Income (TTM) | $4M | $187M |
| Gross Margin | — | 32.4% |
| Operating Margin | — | 21.2% |
| Forward P/E | 118.9x | 20.5x |
| Total Debt | $333K | $414M |
| Cash & Equiv. | $25K | $539M |
CEP vs PJT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Aug 24 | Dec 25 | Return |
|---|---|---|---|
| Cantor Equity Partn… (CEP) | 100 | 142.4 | +42.4% |
| PJT Partners Inc. (PJT) | 100 | 136.0 | +36.0% |
Price return only. Dividends and distributions are not included.
Quick Verdict: CEP vs PJT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
CEP is the clearest fit if your priority is growth exposure and bank quality.
- EPS growth 7.1%
- NIM 1.8% vs PJT's 1.7%
- 6.4% NII/revenue growth vs PJT's 14.8%
PJT carries the broadest edge in this set and is the clearest fit for income & stability and long-term compounding.
- Dividend streak 1 yrs, beta 1.10, yield 0.6%
- 6.0% 10Y total return vs CEP's 42.7%
- Lower volatility, beta 1.10, Low D/E 41.0%, current ratio 27.67x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 6.4% NII/revenue growth vs PJT's 14.8% | |
| Value | Lower P/E (20.5x vs 118.9x) | |
| Quality / Margins | 10.5% margin vs CEP's 1.8% | |
| Stability / Safety | Beta 1.10 vs CEP's 1.37 | |
| Dividends | 0.6% yield; 1-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +8.3% vs CEP's -55.3% | |
| Efficiency (ROA) | 11.1% ROA vs CEP's 4.1%, ROIC 20.3% vs -0.5% |
CEP vs PJT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
CEP vs PJT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CEP leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
PJT and CEP operate at a comparable scale, with $1.7B and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $0 | $1.7B |
| EBITDAEarnings before interest/tax | $2M | $412M |
| Net IncomeAfter-tax profit | $4M | $187M |
| Free Cash FlowCash after capex | $456,350 | $614M |
| Gross MarginGross profit ÷ Revenue | — | +32.4% |
| Operating MarginEBIT ÷ Revenue | — | +21.2% |
| Net MarginNet income ÷ Revenue | — | +10.5% |
| FCF MarginFCF ÷ Revenue | — | +28.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +3.3% | +11.1% |
Valuation Metrics
PJT leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
At 22.9x trailing earnings, PJT trades at a 81% valuation discount to CEP's 118.9x P/E. On an enterprise value basis, PJT's 9.1x EV/EBITDA is more attractive than CEP's 95.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $147M | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $147M | $3.6B |
| Trailing P/EPrice ÷ TTM EPS | 118.92x | 22.93x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 20.52x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.63x |
| EV / EBITDAEnterprise value multiple | 95.78x | 9.08x |
| Price / SalesMarket cap ÷ Revenue | — | 2.16x |
| Price / BookPrice ÷ Book value/share | 1.79x | 4.34x |
| Price / FCFMarket cap ÷ FCF | — | 7.71x |
Profitability & Efficiency
PJT leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
PJT delivers a 20.1% return on equity — every $100 of shareholder capital generates $20 in annual profit, vs $3 for CEP. CEP carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to PJT's 0.41x. On the Piotroski fundamental quality scale (0–9), PJT scores 7/9 vs CEP's 4/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +3.0% | +20.1% |
| ROA (TTM)Return on assets | +4.1% | +11.1% |
| ROICReturn on invested capital | -0.5% | +20.3% |
| ROCEReturn on capital employed | -0.3% | +21.2% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 7 |
| Debt / EquityFinancial leverage | 0.00x | 0.41x |
| Net DebtTotal debt minus cash | $307,992 | -$125M |
| Cash & Equiv.Liquid assets | $25,000 | $539M |
| Total DebtShort + long-term debt | $332,992 | $414M |
| Interest CoverageEBIT ÷ Interest expense | — | — |
Total Returns (Dividends Reinvested)
PJT leads this category, winning 5 of 5 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PJT five years ago would be worth $22,227 today (with dividends reinvested), compared to $14,270 for CEP. Over the past 12 months, PJT leads with a +8.3% total return vs CEP's -55.3%. The 3-year compound annual growth rate (CAGR) favors PJT at 36.2% vs CEP's 12.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | — | -9.5% |
| 1-Year ReturnPast 12 months | -55.3% | +8.3% |
| 3-Year ReturnCumulative with dividends | +42.7% | +152.7% |
| 5-Year ReturnCumulative with dividends | +42.7% | +122.3% |
| 10-Year ReturnCumulative with dividends | +42.7% | +600.7% |
| CAGR (3Y)Annualised 3-year return | +12.6% | +36.2% |
Risk & Volatility
Evenly matched — CEP and PJT each lead in 1 of 2 comparable metrics.
Risk & Volatility
PJT is the less volatile stock with a 1.10 beta — it tends to amplify market swings less than CEP's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PJT currently trades 78.3% from its 52-week high vs CEP's 26.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.04x | 1.08x |
| 52-Week HighHighest price in past year | $53.00 | $195.62 |
| 52-Week LowLowest price in past year | $10.71 | $127.73 |
| % of 52W HighCurrent price vs 52-week peak | +26.9% | +78.3% |
| RSI (14)Momentum oscillator 0–100 | 46.2 | 51.2 |
| Avg Volume (50D)Average daily shares traded | 2.7M | 364K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
PJT is the only dividend payer here at 0.56% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $158.67 |
| # AnalystsCovering analysts | — | 12 |
| Dividend YieldAnnual dividend ÷ price | — | +0.6% |
| Dividend StreakConsecutive years of raises | — | 1 |
| Dividend / ShareAnnual DPS | — | $0.86 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +5.3% |
PJT leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). CEP leads in 1 (Income & Cash Flow). 1 tied.
CEP vs PJT: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is CEP or PJT a better buy right now?
PJT Partners Inc.
(PJT) offers the better valuation at 22. 9x trailing P/E (20. 5x forward), making it the more compelling value choice. Analysts rate PJT Partners Inc. (PJT) a "Hold" — based on 12 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — CEP or PJT?
On trailing P/E, PJT Partners Inc.
(PJT) is the cheapest at 22. 9x versus Cantor Equity Partners, Inc. Class A Ordinary Shares at 118. 9x.
03Which is the better long-term investment — CEP or PJT?
Over the past 5 years, PJT Partners Inc.
(PJT) delivered a total return of +122. 3%, compared to +42. 7% for Cantor Equity Partners, Inc. Class A Ordinary Shares (CEP). Over 10 years, the gap is even starker: PJT returned +607. 0% versus CEP's +42. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — CEP or PJT?
By beta (market sensitivity over 5 years), Cantor Equity Partners, Inc.
Class A Ordinary Shares (CEP) is the lower-risk stock at 1. 04β versus PJT Partners Inc. 's 1. 08β — meaning PJT is approximately 3% more volatile than CEP relative to the S&P 500. On balance sheet safety, Cantor Equity Partners, Inc. Class A Ordinary Shares (CEP) carries a lower debt/equity ratio of 0% versus 41% for PJT Partners Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — CEP or PJT?
On earnings-per-share growth, the picture is similar: Cantor Equity Partners, Inc.
Class A Ordinary Shares grew EPS 706. 1% year-over-year, compared to 35. 8% for PJT Partners Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — CEP or PJT?
PJT Partners Inc.
(PJT) is the more profitable company, earning 10. 5% net margin versus 0. 0% for Cantor Equity Partners, Inc. Class A Ordinary Shares — meaning it keeps 10. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PJT leads at 21. 2% versus 0. 0% for CEP. At the gross margin level — before operating expenses — PJT leads at 32. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — CEP or PJT?
In this comparison, PJT (0.
6% yield) pays a dividend. CEP does not pay a meaningful dividend and should not be held primarily for income.
08Is CEP or PJT better for a retirement portfolio?
For long-horizon retirement investors, PJT Partners Inc.
(PJT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 08), 0. 6% yield, +607. 0% 10Y return). Both have compounded well over 10 years (PJT: +607. 0%, CEP: +42. 7%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between CEP and PJT?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
PJT pays a dividend while CEP does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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