Lazard LtdLAZ

$44.30+1.10 (+2.55%)
NYSEFinancial Services24:00 UTC

Company snapshot

Market Cap
$5B
Mid-cap
+17%
2016 — today
10-Year Price
+45%
2016 — today
52-Week Range
$39.11$57.75
Current $44.30· 28%

Established in 1848 and headquartered in Hamilton, Bermuda, Lazard Ltd operates as a global financial advisory and asset management institution. The company, through its subsidiaries, extends its services across diverse regions including North America, Europe, Asia, Australia, and Central and South America. Its operations are distinctly divided into two primary segments: Financial Advisory and Asset Management. The Financial Advisory division provides a broad spectrum of expert advice on matters such as mergers and acquisitions, corporate reorganizations, capital structure, shareholder relations, capital raising initiatives, sovereign financial issues, and various other strategic consultations. This segment serves a wide array of clients, including corporations, partnerships, institutions, governmental bodies, sovereign entities, and private individuals, spanning numerous industries like consumer goods, financial services, healthcare, industrial sectors, energy, infrastructure, real estate, technology, telecommunications, and media and entertainment. The Asset Management division delivers comprehensive investment and wealth management solutions. These encompass a range of strategies in equity and fixed income, tailored asset allocation plans, alternative investments, and private equity funds. Its extensive client base includes corporations, public and labor funds, sovereign wealth entities, endowments, foundations, financial intermediaries, and high-net-worth private clients.

Valuation in context

P/E ratio
17.4
Historically pricey
Historically pricey — last 10 years
P/B ratio
5.0
Below average
Below the 10-year average
EV / EBITDA
12.1
Above average
Pricier than usual over the last 10 years
Dividend Yield
4.5%
Below average
Below the 10-year average
FCF Yield
11.2%
Below average
Below the 10-year average
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