PJT Partners Inc. (PJT) exhibits 41.0% gross margins and 34.8% return on invested capital within Financials (Investment Managers), balanced against a 23.4x enterprise multiple and 7.2% implied options volatility.
Sustained 41.0% gross profitability converts into 13.0% operating margin and 34.8% ROIC, outpacing sector cost of capital.
ROIC: 34.8% // GM: 41.0%YoY revenue trajectory of +14.9% paired with 7.71% free cash flow yield supports self-funded R&D and capital return.
REV YOY: +14.9% // FCF YLD: 7.71%Altman Z-Score of 6.36 and Piotroski F-Score of 8/9 indicate low near-term refinancing stress.
ALTMAN Z: 6.36 // F-SCORE: 8/9Trading at 34.6x trailing P/E (29.1x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 34.6x // EV/EBITDA: 23.4xOptions market prices a ±7.2% implied move with a 0.77 put/call ratio around $149.00 max pain.
IMPL MOVE: ±7.2% // P/C: 0.77Elevated industry capital intensity and customer concentration in Investment Managers require continuous execution to defend 10.6% net margins.
NET MARGIN: 10.6% // D/E: 1.14x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for PJT & activate live FRED threshold breach alerts.