Financial - Capital Markets
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5 / 10Stock Comparison
PIPR vs MC vs PJT vs LAZ vs EVR
Revenue, margins, valuation, and 5-year total return — side by side.
Financial - Capital Markets
Financial - Capital Markets
Financial - Capital Markets
Financial - Capital Markets
PIPR vs MC vs PJT vs LAZ vs EVR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Financial - Capital Markets | Financial - Capital Markets | Financial - Capital Markets | Financial - Capital Markets | Financial - Capital Markets |
| Market Cap | $5.73B | $4.66B | $3.67B | $4.24B | $12.92B |
| Revenue (TTM) | $1.90B | $1.52B | $1.71B | $3.19B | $3.88B |
| Net Income (TTM) | $281M | $233M | $187M | $237M | $592M |
| Gross Margin | 93.6% | 99.2% | 32.4% | 31.8% | 99.4% |
| Operating Margin | 20.2% | 18.1% | 21.2% | 13.0% | 20.5% |
| Forward P/E | 17.0x | 20.7x | 20.4x | 14.1x | 17.2x |
| Total Debt | $116M | $267M | $414M | $2.58B | $1.16B |
| Cash & Equiv. | $809M | $509M | $539M | $1.50B | $1.47B |
PIPR vs MC vs PJT vs LAZ vs EVR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Piper Sandler Compa… (PIPR) | 100 | 539.2 | +439.2% |
| Moelis & Company (MC) | 100 | 188.8 | +88.8% |
| PJT Partners Inc. (PJT) | 100 | 277.8 | +177.8% |
| Lazard Ltd (LAZ) | 100 | 167.9 | +67.9% |
| Evercore Inc. (EVR) | 100 | 591.9 | +491.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: PIPR vs MC vs PJT vs LAZ vs EVR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
PIPR ranks third and is worth considering specifically for long-term compounding and valuation efficiency.
- 8.3% 10Y total return vs PJT's 6.3%
- PEG 0.40 vs PJT's 2.34
- NIM 2.5% vs PJT's 1.7%
- Lower P/E (17.0x vs 17.2x), PEG 0.40 vs 1.52
MC is the clearest fit if your priority is income & stability.
- Dividend streak 1 yrs, beta 1.75, yield 4.1%
- 4.1% yield, 1-year raise streak, vs PJT's 0.6%
PJT carries the broadest edge in this set and is the clearest fit for sleep-well-at-night.
- Lower volatility, beta 1.10, Low D/E 41.0%, current ratio 27.67x
- Efficiency ratio 0.1% vs MC's 0.8% (lower = leaner)
- Beta 1.10 vs EVR's 1.90, lower leverage
- Efficiency ratio 0.1% vs MC's 0.8%
LAZ is the clearest fit if your priority is defensive.
- Beta 1.79, yield 3.9%, current ratio 29.35x
EVR is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 29.5%, EPS growth 54.7%
- 29.5% NII/revenue growth vs LAZ's 3.2%
- +55.5% vs PJT's +7.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 29.5% NII/revenue growth vs LAZ's 3.2% | |
| Value | Lower P/E (17.0x vs 17.2x), PEG 0.40 vs 1.52 | |
| Quality / Margins | Efficiency ratio 0.1% vs MC's 0.8% (lower = leaner) | |
| Stability / Safety | Beta 1.10 vs EVR's 1.90, lower leverage | |
| Dividends | 4.1% yield, 1-year raise streak, vs PJT's 0.6% | |
| Momentum (1Y) | +55.5% vs PJT's +7.3% | |
| Efficiency (ROA) | Efficiency ratio 0.1% vs MC's 0.8% |
PIPR vs MC vs PJT vs LAZ vs EVR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
PIPR vs MC vs PJT vs LAZ vs EVR — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
PIPR leads in 2 of 6 categories
MC leads 1 • PJT leads 0 • LAZ leads 0 • EVR leads 0 • 3 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
PIPR leads this category, winning 2 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
EVR is the larger business by revenue, generating $3.9B annually — 2.6x MC's $1.5B. MC is the more profitable business, keeping 15.4% of every revenue dollar as net income compared to LAZ's 7.4%.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.9B | $1.5B | $1.7B | $3.2B | $3.9B |
| EBITDAEarnings before interest/tax | $403M | $286M | $412M | $384M | $804M |
| Net IncomeAfter-tax profit | $281M | $233M | $187M | $237M | $592M |
| Free Cash FlowCash after capex | $669M | $540M | $614M | $519M | $1.2B |
| Gross MarginGross profit ÷ Revenue | +93.6% | +99.2% | +32.4% | +31.8% | +99.4% |
| Operating MarginEBIT ÷ Revenue | +20.2% | +18.1% | +21.2% | +13.0% | +20.5% |
| Net MarginNet income ÷ Revenue | +14.8% | +15.4% | +10.5% | +7.4% | +15.3% |
| FCF MarginFCF ÷ Revenue | +36.6% | +35.6% | +28.0% | +15.9% | +30.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +65.8% | -4.3% | +11.1% | -43.8% | +44.2% |
Valuation Metrics
PIPR leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 20.3x trailing earnings, PIPR trades at a 13% valuation discount to EVR's 23.2x P/E. Adjusting for growth (PEG ratio), PIPR offers better value at 0.48x vs PJT's 2.61x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $5.7B | $4.7B | $3.7B | $4.2B | $12.9B |
| Enterprise ValueMkt cap + debt − cash | $5.0B | $4.4B | $3.5B | $5.3B | $12.6B |
| Trailing P/EPrice ÷ TTM EPS | 20.30x | 21.60x | 22.74x | 20.78x | 23.21x |
| Forward P/EPrice ÷ next-FY EPS est. | 16.99x | 20.69x | 20.35x | 14.10x | 17.24x |
| PEG RatioP/E ÷ EPS growth rate | 0.48x | — | 2.61x | — | 2.05x |
| EV / EBITDAEnterprise value multiple | 12.20x | 15.47x | 9.00x | 11.81x | 15.67x |
| Price / SalesMarket cap ÷ Revenue | 3.01x | 3.07x | 2.14x | 1.33x | 3.33x |
| Price / BookPrice ÷ Book value/share | 3.61x | 7.39x | 4.31x | 4.85x | 6.24x |
| Price / FCFMarket cap ÷ FCF | 8.21x | 8.63x | 7.64x | 8.38x | 10.92x |
Profitability & Efficiency
Evenly matched — PIPR and MC each lead in 4 of 9 comparable metrics.
Profitability & Efficiency
MC delivers a 37.9% return on equity — every $100 of shareholder capital generates $38 in annual profit, vs $19 for PIPR. PIPR carries lower financial leverage with a 0.07x debt-to-equity ratio, signaling a more conservative balance sheet compared to LAZ's 2.61x. On the Piotroski fundamental quality scale (0–9), PJT scores 7/9 vs LAZ's 5/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +19.3% | +37.9% | +20.1% | +26.7% | +29.3% |
| ROA (TTM)Return on assets | +13.1% | +15.9% | +11.1% | +5.2% | +14.1% |
| ROICReturn on invested capital | +18.0% | +24.9% | +20.3% | +9.5% | +18.8% |
| ROCEReturn on capital employed | +16.2% | +22.0% | +21.2% | +9.5% | +17.6% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 7 | 5 | 6 |
| Debt / EquityFinancial leverage | 0.07x | 0.39x | 0.41x | 2.61x | 0.50x |
| Net DebtTotal debt minus cash | -$693M | -$241M | -$125M | $1.1B | -$311M |
| Cash & Equiv.Liquid assets | $809M | $509M | $539M | $1.5B | $1.5B |
| Total DebtShort + long-term debt | $116M | $267M | $414M | $2.6B | $1.2B |
| Interest CoverageEBIT ÷ Interest expense | 77.56x | — | — | 4.74x | 32.72x |
Total Returns (Dividends Reinvested)
Evenly matched — PIPR and EVR each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in PIPR five years ago would be worth $29,566 today (with dividends reinvested), compared to $11,940 for LAZ. Over the past 12 months, EVR leads with a +55.5% total return vs PJT's +7.3%. The 3-year compound annual growth rate (CAGR) favors EVR at 45.7% vs LAZ's 21.0% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -6.5% | -9.9% | -10.2% | -8.3% | -6.9% |
| 1-Year ReturnPast 12 months | +33.6% | +23.6% | +7.3% | +16.3% | +55.5% |
| 3-Year ReturnCumulative with dividends | +161.9% | +102.8% | +149.1% | +76.9% | +209.1% |
| 5-Year ReturnCumulative with dividends | +195.7% | +44.3% | +122.3% | +19.4% | +138.8% |
| 10-Year ReturnCumulative with dividends | +831.0% | +260.6% | +632.1% | +94.5% | +605.7% |
| CAGR (3Y)Annualised 3-year return | +37.8% | +26.6% | +35.6% | +21.0% | +45.7% |
Risk & Volatility
Evenly matched — PJT and EVR 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 EVR's 1.90 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. EVR currently trades 83.9% from its 52-week high vs PIPR's 21.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.47x | 1.75x | 1.10x | 1.79x | 1.90x |
| 52-Week HighHighest price in past year | $375.55 | $78.22 | $195.62 | $58.75 | $388.71 |
| 52-Week LowLowest price in past year | $60.11 | $51.06 | $127.73 | $38.67 | $205.43 |
| % of 52W HighCurrent price vs 52-week peak | +21.4% | +81.2% | +77.7% | +76.8% | +83.9% |
| RSI (14)Momentum oscillator 0–100 | 35.9 | 44.2 | 50.4 | 41.7 | 43.0 |
| Avg Volume (50D)Average daily shares traded | 1.7M | 1.3M | 366K | 1.5M | 628K |
Analyst Outlook
MC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: PIPR as "Hold", MC as "Hold", PJT as "Hold", LAZ as "Buy", EVR as "Buy". Consensus price targets imply 21.4% upside for PIPR (target: $98) vs 4.4% for PJT (target: $159). For income investors, MC offers the higher dividend yield at 4.15% vs PJT's 0.56%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $97.58 | $73.40 | $158.67 | $47.33 | $382.67 |
| # AnalystsCovering analysts | 11 | 22 | 12 | 29 | 21 |
| Dividend YieldAnnual dividend ÷ price | +2.0% | +4.1% | +0.6% | +3.9% | +1.0% |
| Dividend StreakConsecutive years of raises | 1 | 1 | 1 | 1 | 0 |
| Dividend / ShareAnnual DPS | $1.60 | $2.63 | $0.86 | $1.75 | $3.25 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.2% | +1.6% | +5.3% | +2.1% | +5.1% |
PIPR leads in 2 of 6 categories (Income & Cash Flow, Valuation Metrics). MC leads in 1 (Analyst Outlook). 3 tied.
PIPR vs MC vs PJT vs LAZ vs EVR: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is PIPR or MC or PJT or LAZ or EVR a better buy right now?
For growth investors, Evercore Inc.
(EVR) is the stronger pick with 29. 5% revenue growth year-over-year, versus 3. 2% for Lazard Ltd (LAZ). Piper Sandler Companies (PIPR) offers the better valuation at 20. 3x trailing P/E (17. 0x forward), making it the more compelling value choice. Analysts rate Lazard Ltd (LAZ) a "Buy" — based on 29 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 — PIPR or MC or PJT or LAZ or EVR?
On trailing P/E, Piper Sandler Companies (PIPR) is the cheapest at 20.
3x versus Evercore Inc. at 23. 2x. On forward P/E, Lazard Ltd is actually cheaper at 14. 1x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Piper Sandler Companies wins at 0. 40x versus PJT Partners Inc. 's 2. 34x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — PIPR or MC or PJT or LAZ or EVR?
Over the past 5 years, Piper Sandler Companies (PIPR) delivered a total return of +195.
7%, compared to +19. 4% for Lazard Ltd (LAZ). Over 10 years, the gap is even starker: PIPR returned +831. 0% versus LAZ's +94. 5%. 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 — PIPR or MC or PJT or LAZ or EVR?
By beta (market sensitivity over 5 years), PJT Partners Inc.
(PJT) is the lower-risk stock at 1. 10β versus Evercore Inc. 's 1. 90β — meaning EVR is approximately 73% more volatile than PJT relative to the S&P 500. On balance sheet safety, Piper Sandler Companies (PIPR) carries a lower debt/equity ratio of 7% versus 3% for Lazard Ltd — giving it more financial flexibility in a downturn.
05Which is growing faster — PIPR or MC or PJT or LAZ or EVR?
By revenue growth (latest reported year), Evercore Inc.
(EVR) is pulling ahead at 29. 5% versus 3. 2% for Lazard Ltd (LAZ). On earnings-per-share growth, the picture is similar: Moelis & Company grew EPS 65. 2% year-over-year, compared to -19. 0% for Lazard Ltd. 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 — PIPR or MC or PJT or LAZ or EVR?
Moelis & Company (MC) is the more profitable company, earning 15.
4% net margin versus 7. 4% for Lazard Ltd — meaning it keeps 15. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PJT leads at 21. 2% versus 13. 0% for LAZ. At the gross margin level — before operating expenses — EVR leads at 99. 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.
07Is PIPR or MC or PJT or LAZ or EVR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Piper Sandler Companies (PIPR) is the more undervalued stock at a PEG of 0. 40x versus PJT Partners Inc. 's 2. 34x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Lazard Ltd (LAZ) trades at 14. 1x forward P/E versus 20. 7x for Moelis & Company — 6. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PIPR: 21. 4% to $97. 58.
08Which pays a better dividend — PIPR or MC or PJT or LAZ or EVR?
All stocks in this comparison pay dividends.
Moelis & Company (MC) offers the highest yield at 4. 1%, versus 0. 6% for PJT Partners Inc. (PJT).
09Is PIPR or MC or PJT or LAZ or EVR 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. 10), 0. 6% yield, +632. 1% 10Y return). Lazard Ltd (LAZ) carries a higher beta of 1. 79 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PJT: +632. 1%, LAZ: +94. 5%), 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.
10What are the main differences between PIPR and MC and PJT and LAZ and EVR?
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.
In terms of investment character: PIPR is a small-cap high-growth stock; MC is a small-cap high-growth stock; PJT is a small-cap quality compounder stock; LAZ is a small-cap income-oriented stock; EVR is a mid-cap high-growth stock. 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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