Lazard Ltd Logo

Lazard Ltd

LAZ

(0.8)
Stock Price

52,04 USD

3.78% ROA

54.16% ROE

28.72x PER

Market Cap.

4.359.697.211,00 USD

403.82% DER

4.14% Yield

8.26% NPM

Lazard Ltd Stock Analysis

Lazard Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Lazard Ltd Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

2 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

3 ROE

Negative ROE (-17.35%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (-1.92%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

5 PBV

The stock's high Price-to-Book Value (P/BV) ratio (6.64x) suggests it's overvalued, potentially making it an expensive investment.

6 DER

The company has a high debt to equity ratio (604%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (-805) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

Lazard Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Lazard Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Lazard Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Lazard Ltd Revenue
Year Revenue Growth
2001 0
2002 0 0%
2003 0 0%
2004 1.274.305.000 100%
2005 1.301.442.000 2.09%
2006 1.493.555.000 12.86%
2007 1.917.689.000 22.12%
2008 1.557.207.000 -23.15%
2009 1.530.518.000 -1.74%
2010 1.889.091.000 18.98%
2011 1.829.512.000 -3.26%
2012 1.994.013.000 8.25%
2013 2.064.733.000 3.43%
2014 2.363.017.000 12.62%
2015 2.404.767.000 1.74%
2016 2.383.663.000 -0.89%
2017 2.697.829.000 11.65%
2018 2.884.833.000 6.48%
2019 2.666.958.000 -8.17%
2020 2.646.769.000 -0.76%
2021 3.273.816.000 19.15%
2022 2.855.093.000 -14.67%
2023 2.172.680.000 -31.41%
2023 2.558.689.000 15.09%
2024 2.863.696.000 10.65%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Lazard Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Lazard Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 410.005.000
2002 391.010.000 -4.86%
2003 388.266.000 -0.71%
2004 573.779.000 32.33%
2005 698.683.000 17.88%
2006 891.421.000 21.62%
2007 1.123.068.000 20.63%
2008 1.278.712.000 12.17%
2009 1.416.787.000 9.75%
2010 1.315.486.000 -7.7%
2011 1.304.950.000 -0.81%
2012 157.121.000 -730.54%
2013 165.589.000 5.11%
2014 158.093.000 -4.74%
2015 159.396.000 0.82%
2016 154.817.000 -2.96%
2017 172.774.000 10.39%
2018 182.456.000 5.31%
2019 195.001.000 6.43%
2020 193.986.000 -0.52%
2021 205.742.000 5.71%
2022 191.786.000 -7.28%
2023 214.236.000 10.48%
2023 220.425.000 2.81%
2024 331.516.000 33.51%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Lazard Ltd EBITDA
Year EBITDA Growth
2001 305.777.000
2002 297.447.000 -2.8%
2003 250.383.000 -18.8%
2004 305.147.000 17.95%
2005 315.696.000 3.34%
2006 306.651.000 -2.95%
2007 522.020.000 41.26%
2008 190.460.000 -174.08%
2009 3.772.000 -4949.31%
2010 478.704.000 99.21%
2011 337.540.000 -41.82%
2012 132.244.000 -155.24%
2013 226.921.000 41.72%
2014 525.852.000 56.85%
2015 -10.799.000 4969.45%
2016 587.955.000 101.84%
2017 844.474.000 30.38%
2018 648.972.000 -30.12%
2019 431.518.000 -50.39%
2020 505.731.000 14.67%
2021 723.908.000 30.14%
2022 516.908.000 -40.05%
2023 57.964.000 -791.77%
2023 -57.893.000 200.12%
2024 382.140.000 115.15%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Lazard Ltd Gross Profit
Year Gross Profit Growth
2001 0
2002 0 0%
2003 0 0%
2004 1.274.305.000 100%
2005 513.555.000 -148.13%
2006 514.199.000 0.13%
2007 633.487.000 18.83%
2008 273.965.000 -131.23%
2009 83.266.000 -229.02%
2010 555.226.000 85%
2011 499.630.000 -11.13%
2012 561.319.000 10.99%
2013 706.818.000 20.59%
2014 986.841.000 28.38%
2015 1.033.862.000 4.55%
2016 992.828.000 -4.13%
2017 1.131.438.000 12.25%
2018 1.311.617.000 13.74%
2019 1.023.378.000 -28.17%
2020 1.015.454.000 -0.78%
2021 1.297.189.000 21.72%
2022 1.117.120.000 -16.12%
2023 714.260.000 -56.4%
2023 2.451.950.000 70.87%
2024 2.718.440.000 9.8%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Lazard Ltd Net Profit
Year Net Profit Growth
2001 305.777.000
2002 297.447.000 -2.8%
2003 250.383.000 -18.8%
2004 246.974.000 -1.38%
2005 161.062.000 -53.34%
2006 92.985.000 -73.21%
2007 155.042.000 40.03%
2008 3.138.000 -4840.79%
2009 -130.242.000 102.41%
2010 174.979.000 174.43%
2011 174.917.000 -0.04%
2012 84.309.000 -107.47%
2013 160.212.000 47.38%
2014 427.277.000 62.5%
2015 986.373.000 56.68%
2016 387.698.000 -154.42%
2017 253.583.000 -52.89%
2018 527.125.000 51.89%
2019 286.500.000 -83.99%
2020 402.461.000 28.81%
2021 528.064.000 23.79%
2022 357.517.000 -47.7%
2023 28.556.000 -1151.99%
2023 -79.919.000 135.73%
2024 199.636.000 140.03%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Lazard Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 8
2002 8 -14.29%
2003 7 -16.67%
2004 7 0%
2005 1 -500%
2006 2 50%
2007 3 33.33%
2008 0 0%
2009 -2 100%
2010 2 200%
2011 1 0%
2012 1 0%
2013 1 100%
2014 3 66.67%
2015 8 57.14%
2016 3 -133.33%
2017 2 -50%
2018 4 50%
2019 3 -100%
2020 4 33.33%
2021 5 25%
2022 4 -33.33%
2023 0 0%
2023 -1 0%
2024 2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Lazard Ltd Free Cashflow
Year Free Cashflow Growth
2004 407.269.000
2005 885.788.000 54.02%
2006 229.847.000 -285.38%
2007 57.204.000 -301.8%
2008 487.381.000 88.26%
2009 232.862.000 -109.3%
2010 155.416.000 -49.83%
2011 351.364.000 55.77%
2012 392.607.000 10.5%
2013 465.733.000 15.7%
2014 713.833.000 34.76%
2015 860.667.000 17.06%
2016 562.538.000 -53%
2017 987.772.000 43.05%
2018 649.445.000 -52.09%
2019 635.196.000 -2.24%
2020 511.645.000 -24.15%
2021 826.381.000 38.09%
2022 784.473.000 -5.34%
2023 136.365.000 -475.27%
2023 25.973.000 -425.03%
2024 141.991.000 81.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Lazard Ltd Operating Cashflow
Year Operating Cashflow Growth
2004 426.281.000
2005 893.603.000 52.3%
2006 238.039.000 -275.4%
2007 71.730.000 -231.85%
2008 505.890.000 85.82%
2009 244.775.000 -106.68%
2010 168.798.000 -45.01%
2011 397.802.000 57.57%
2012 481.908.000 17.45%
2013 526.697.000 8.5%
2014 736.017.000 28.44%
2015 887.296.000 17.05%
2016 601.287.000 -47.57%
2017 1.015.442.000 40.79%
2018 699.038.000 -45.26%
2019 677.953.000 -3.11%
2020 575.931.000 -17.71%
2021 866.079.000 33.5%
2022 833.984.000 -3.85%
2023 164.662.000 -406.48%
2023 33.488.000 -391.7%
2024 148.433.000 77.44%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Lazard Ltd Capital Expenditure
Year Capital Expenditure Growth
2004 19.012.000
2005 7.815.000 -143.28%
2006 8.192.000 4.6%
2007 14.526.000 43.6%
2008 18.509.000 21.52%
2009 11.913.000 -55.37%
2010 13.382.000 10.98%
2011 46.438.000 71.18%
2012 89.301.000 48%
2013 60.964.000 -46.48%
2014 22.184.000 -174.81%
2015 26.629.000 16.69%
2016 38.749.000 31.28%
2017 27.670.000 -40.04%
2018 49.593.000 44.21%
2019 42.757.000 -15.99%
2020 64.286.000 33.49%
2021 39.698.000 -61.94%
2022 49.511.000 19.82%
2023 28.297.000 -74.97%
2023 7.515.000 -276.54%
2024 6.442.000 -16.66%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Lazard Ltd Equity
Year Equity Growth
2001 704.697.000
2002 648.911.000 -8.6%
2003 535.725.000 -21.13%
2004 559.518.000 4.25%
2005 -758.942.000 173.72%
2006 -184.856.000 -310.56%
2007 123.114.000 250.15%
2008 311.752.000 60.51%
2009 523.097.000 40.4%
2010 796.117.000 34.29%
2011 866.856.000 8.16%
2012 651.540.000 -33.05%
2013 629.998.000 -3.42%
2014 769.473.000 18.13%
2015 1.367.306.000 43.72%
2016 1.293.813.000 -5.68%
2017 1.260.173.000 -2.67%
2018 970.093.000 -29.9%
2019 681.574.000 -42.33%
2020 999.433.000 31.8%
2021 1.652.964.000 39.54%
2022 1.258.870.000 -31.31%
2023 501.342.000 -151.1%
2023 569.862.000 12.02%
2024 595.121.000 4.24%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Lazard Ltd Assets
Year Assets Growth
2001 3.569.362.000
2002 2.460.725.000 -45.05%
2003 3.257.229.000 24.45%
2004 3.499.224.000 6.92%
2005 1.910.897.000 -83.12%
2006 3.208.665.000 40.45%
2007 3.840.413.000 16.45%
2008 2.862.036.000 -34.18%
2009 3.143.891.000 8.97%
2010 3.422.532.000 8.14%
2011 3.081.936.000 -11.05%
2012 2.986.893.000 -3.18%
2013 3.011.137.000 0.81%
2014 3.349.978.000 10.11%
2015 4.486.766.000 25.34%
2016 4.556.508.000 1.53%
2017 4.926.709.000 7.51%
2018 4.997.241.000 1.41%
2019 5.664.402.000 11.78%
2020 5.971.861.000 5.15%
2021 7.147.181.000 16.44%
2022 5.852.561.000 -22.12%
2023 4.295.506.000 -36.25%
2023 4.635.781.000 7.34%
2024 4.527.194.000 -2.4%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Lazard Ltd Liabilities
Year Liabilities Growth
2001 0
2002 1.811.814.000 100%
2003 2.721.504.000 33.43%
2004 2.939.706.000 7.42%
2005 2.669.839.000 -10.11%
2006 3.393.521.000 21.33%
2007 3.717.299.000 8.71%
2008 2.550.284.000 -45.76%
2009 2.620.794.000 2.69%
2010 2.626.415.000 0.21%
2011 2.215.080.000 -18.57%
2012 2.335.353.000 5.15%
2013 2.381.139.000 1.92%
2014 2.580.505.000 7.73%
2015 3.119.460.000 17.28%
2016 3.262.695.000 4.39%
2017 3.666.536.000 11.01%
2018 4.027.148.000 8.95%
2019 4.982.828.000 19.18%
2020 4.972.428.000 -0.21%
2021 5.494.217.000 9.5%
2022 4.593.691.000 -19.6%
2023 3.794.164.000 -21.07%
2023 4.065.919.000 6.68%
2024 3.932.073.000 -3.4%

Lazard Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
30.84
Net Income per Share
1.68
Price to Earning Ratio
28.72x
Price To Sales Ratio
1.52x
POCF Ratio
16.6
PFCF Ratio
18.07
Price to Book Ratio
9.79
EV to Sales
2.04
EV Over EBITDA
21.04
EV to Operating CashFlow
21.63
EV to FreeCashFlow
24.27
Earnings Yield
0.03
FreeCashFlow Yield
0.06
Market Cap
4,36 Bil.
Enterprise Value
5,85 Bil.
Graham Number
13.68
Graham NetNet
-24.8

Income Statement Metrics

Net Income per Share
1.68
Income Quality
1.78
ROE
0.38
Return On Assets
0.05
Return On Capital Employed
0.09
Net Income per EBT
0.73
EBT Per Ebit
0.85
Ebit per Revenue
0.13
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.09
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.06
Gross Profit Margin
0.81
Operating Profit Margin
0.13
Pretax Profit Margin
0.11
Net Profit Margin
0.08

Dividends

Dividend Yield
0.04
Dividend Yield %
4.14
Payout Ratio
1.12
Dividend Per Share
2

Operating Metrics

Operating Cashflow per Share
2.91
Free CashFlow per Share
2.6
Capex to Operating CashFlow
0.11
Capex to Revenue
0.01
Capex to Depreciation
0.74
Return on Invested Capital
0.1
Return on Tangible Assets
0.04
Days Sales Outstanding
92.45
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
3.95
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.32

Balance Sheet

Cash per Share
11,68
Book Value per Share
6,41
Tangible Book Value per Share
2.17
Shareholders Equity per Share
4.94
Interest Debt per Share
20.83
Debt to Equity
4.04
Debt to Assets
0.41
Net Debt to EBITDA
5.37
Current Ratio
3.88
Tangible Asset Value
0,20 Bil.
Net Current Asset Value
-2,12 Bil.
Invested Capital
2410026000
Working Capital
1,34 Bil.
Intangibles to Total Assets
0.09
Average Receivables
0,74 Bil.
Average Payables
0,24 Bil.
Average Inventory
0
Debt to Market Cap
0.42

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Lazard Ltd Dividends
Year Dividends Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 1 0%
2011 1 0%
2012 1 100%
2013 1 0%
2014 1 0%
2015 2 50%
2016 2 0%
2017 3 0%
2018 3 0%
2019 2 -100%
2020 2 0%
2021 2 0%
2022 2 0%
2023 2 50%
2024 2 -100%

Lazard Ltd Profile

About Lazard Ltd

Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm in North America, Europe, Asia, Australia, and Central and South America. It operates in two segments, Financial Advisory and Asset Management. The Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions, restructurings, capital advisory, shareholder advisory, capital raising, sovereign advisory, and other strategic advisory matters. This segment serves corporate, partnership, institutional, government, sovereign, and individual clients across various industry areas, including consumers, financial institutions, healthcare and life sciences, industrials, power and energy/infrastructure, and real estate, as well as technology, telecommunication, and media and entertainment. The Asset Management segment offers a range of investment solutions, and investment and wealth management services in equity and fixed income strategies; asset allocation strategies; and alternative investments and private equity funds to corporations, public funds, sovereign entities, endowments and foundations, labor funds, financial intermediaries, and private clients. The company was founded in 1848 and is based in Hamilton, Bermuda.

CEO
Mr. Peter R. Orszag
Employee
3.249
Address
Clarendon House
Hamilton, HM11

Lazard Ltd Executives & BODs

Lazard Ltd Executives & BODs
# Name Age
1 Ms. Alexandra M. Deignan
Head of Treasury, IR & Corporate Sustainability
70
2 Mr. Peter R. Orszag
Chief Executive Officer & Director
70
3 Mr. Kenneth Marc Jacobs
Executive Chairman
70
4 Mr. Pierre Tattevin
Managing Director
70
5 Ms. Shannon Houston
Global Head of Communications & Marketing
70
6 Ms. Alexandra Soto
Chief Operating Officer
70
7 Mr. Christian A. Weideman
General Counsel
70
8 Mr. Evan Lawrence Russo J.D.
Chief Executive Officer of Asset Management
70
9 Mr. Raymond J. McGuire
President
70
10 Mr. Michael Gathy
MD & Chief Accounting Officer
70

Lazard Ltd Competitors