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34.56 (1y: +49%)
Market Cap 576.9 M P/E(ttm) 12.80
Enterprise Value 892.13 M P/B 0.80
PJC- NYSE (USA)
Piper Jaffray Cos
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$34.56
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.221
PJC's Cash to Debt is ranked lower than
54% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 4.11 vs. PJC: 0.221 )
PJC' s 10-Year Cash to Debt Range
Min: 0.07   Max: No Debt
Current: 0.22
Equity to Asset 0.351
PJC's Equity to Asset is ranked higher than
60% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.31 vs. PJC: 0.351 )
PJC' s 10-Year Equity to Asset Range
Min: 0.13   Max: 0.57
Current: 0.35
0.13
0.57
Interest Coverage No Debt
PJC's Interest Coverage is ranked higher than
84% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 10000.00 vs. PJC: No Debt )
PJC' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 0.63
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 14.10
PJC's Operating margin (%) is ranked higher than
63% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 13.90 vs. PJC: 14.10 )
PJC' s 10-Year Operating margin (%) Range
Min: -68.5   Max: 19.5
Current: 14.1
-68.5
19.5
Net-margin (%) 8.4
PJC's Net-margin (%) is ranked higher than
63% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 6.90 vs. PJC: 8.4 )
PJC' s 10-Year Net-margin (%) Range
Min: -56.1   Max: 46.8
Current: 8.4
-56.1
46.8
ROE (%) 5.6
PJC's ROE (%) is ranked higher than
75% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 3.40 vs. PJC: 5.6 )
PJC' s 10-Year ROE (%) Range
Min: -24.5   Max: 25.4
Current: 5.6
-24.5
25.4
ROA (%) 2
PJC's ROA (%) is ranked higher than
75% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.70 vs. PJC: 2 )
PJC' s 10-Year ROA (%) Range
Min: -13.9   Max: 12.7
Current: 2
-13.9
12.7
ROC (Joel Greenblatt) (%) 17.80
PJC's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.00 vs. PJC: 17.80 )
PJC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -87.8   Max: 1520.7
Current: 17.8
-87.8
1520.7
Revenue Growth (%) 2.9
PJC's Revenue Growth (%) is ranked higher than
84% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.00 vs. PJC: 2.9 )
PJC' s 10-Year Revenue Growth (%) Range
Min: -18.5   Max: 13
Current: 2.9
-18.5
13
EBITDA Growth (%) 17.7
PJC's EBITDA Growth (%) is ranked higher than
96% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.00 vs. PJC: 17.7 )
PJC' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 27.6
Current: 17.7
0
27.6
EPS Growth (%) 9.9
PJC's EPS Growth (%) is ranked higher than
92% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.00 vs. PJC: 9.9 )
PJC' s 10-Year EPS Growth (%) Range
Min: -40.5   Max: 280.7
Current: 9.9
-40.5
280.7
ยป PJC's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

PJC Guru Trades in Q2 2012

Jim Simons 9,400 sh (New)
Chuck Royce 498,000 sh (+0.61%)
» More
Q3 2012

PJC Guru Trades in Q3 2012

Chuck Royce 511,000 sh (+2.61%)
Jim Simons Sold Out
» More
Q4 2012

PJC Guru Trades in Q4 2012

Chuck Royce 503,300 sh (-1.51%)
» More
Q1 2013

PJC Guru Trades in Q1 2013

Paul Tudor Jones 17,300 sh (New)
Jim Simons 129,300 sh (New)
Chuck Royce 434,800 sh (-13.61%)
» More
» Details

Insider Trades

Latest Guru Trades with PJC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2010-12-31 Sold Out 0.09%$28.59 - $35.6 $ 34.699%0
John Keeley 2010-06-30 Reduce -28.57%0.07%$31.36 - $43.83 $ 34.69-5%400000
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 12.80
PJC's P/E(ttm) is ranked higher than
80% of the 260 Companies
in the Global Capital Markets industry.

( Industry Median: 21.70 vs. PJC: 12.80 )
PJC' s 10-Year P/E(ttm) Range
Min: 3.73   Max: 42.98
Current: 12.8
3.73
42.98
P/B 0.80
PJC's P/B is ranked higher than
69% of the 320 Companies
in the Global Capital Markets industry.

( Industry Median: 1.08 vs. PJC: 0.80 )
PJC' s 10-Year P/B Range
Min: 0.34   Max: 1.78
Current: 0.8
0.34
1.78
P/S 1.11
PJC's P/S is ranked higher than
86% of the 335 Companies
in the Global Capital Markets industry.

( Industry Median: 2.65 vs. PJC: 1.11 )
PJC' s 10-Year P/S Range
Min: 0.51   Max: 2.46
Current: 1.11
0.51
2.46
EV-to-EBIT 14.1
PJC's EV-to-EBIT is ranked higher than
69% of the 250 Companies
in the Global Capital Markets industry.

( Industry Median: 16.20 vs. PJC: 14.1 )
PJC' s 10-Year EV-to-EBIT Range
Min: 7   Max: 112.7
Current: 14.1
7
112.7
Shiller P/E 625.5
PJC's Shiller P/E is ranked lower than
100% of the Companies
in the Global Capital Markets industry.

( Industry Median: vs. PJC: 625.5 )
PJC' s 10-Year Shiller P/E Range
Min: 11.35   Max: 625.5
Current: 625.5
11.35
625.5

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 8.2
PJC's Price/Net Current Asset Value is ranked higher than
62% of the 185 Companies
in the Global Capital Markets industry.

( Industry Median: 6.90 vs. PJC: 8.2 )
PJC' s 10-Year Price/Net Current Asset Value Range
Min: 1.4   Max: 6.7
Current: 8.2
1.4
6.7
Price/Tangible Book 1.2
PJC's Price/Tangible Book is ranked higher than
56% of the 268 Companies
in the Global Capital Markets industry.

( Industry Median: 1.20 vs. PJC: 1.2 )
PJC' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 2.3
Current: 1.2
0.7
2.3
Price/DCF (Projected) 0.8
PJC's Price/DCF (Projected) is ranked higher than
69% of the 118 Companies
in the Global Capital Markets industry.

( Industry Median: 1.00 vs. PJC: 0.8 )
PJC' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 1
Current: 0.8
0.4
1
Price/Median PS Value 0.9
PJC's Price/Median PS Value is ranked higher than
57% of the 291 Companies
in the Global Capital Markets industry.

( Industry Median: 1.10 vs. PJC: 0.9 )
PJC' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.8
Current: 0.9
0.6
1.8
Price/Graham Number 0.7
PJC's Price/Graham Number is ranked higher than
70% of the 199 Companies
in the Global Capital Markets industry.

( Industry Median: 1.10 vs. PJC: 0.7 )
PJC' s 10-Year Price/Graham Number Range
Min: 0.7   Max: 1.7
Current: 0.7
0.7
1.7
Earnings Yield (Greenblatt) 7.10
PJC's Earnings Yield (Greenblatt) is ranked higher than
76% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 4.10 vs. PJC: 7.10 )
PJC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 14.3
Current: 7.1
0.9
14.3
Forward Rate of Return (Yacktman) -1.03
PJC's Forward Rate of Return (Yacktman) is ranked lower than
61% of the 385 Companies
in the Global Capital Markets industry.

( Industry Median: 0.00 vs. PJC: -1.03 )
PJC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.5   Max: 10.1
Current: -1.03
-4.5
10.1

Business Description

Piper Jaffray Cos was originally founded in 1895. It is an investment bank and asset management firm, serving the needs of corporations, private equity groups, public entities, non-profit entities and institutional investors in the U.S. and internationally. The Company provides a set of products and services, including equity and debt capital markets products; public finance services; financial advisory services; equity and fixed income institutional brokerage; equity and fixed income research; and asset management services. The Company's operations consist mainly of four components: Investment Banking; Equity and Fixed Income Institutional Brokerage; Asset Management; and Other Income. The Company raises capital through equity and debt financings for its corporate clients. It operates in seven industries, namely, usiness and financial services, clean technology and renewables, consumer, healthcare, industrial growth, and media, telecommunications and technology, primarily focusing on middle-market clients. For its government and non-profit clients, the Company underwrites debt issuances and provides financial advisory and interest rate risk management services. Its public finance investment banking capabilities focuses on state and local governments, and the healthcare, higher education, housing, hospitality, transportation and commercial real estate industries. The Company offers both equity and fixed income advisory and trade execution services for institutional investors and government and non-profit entities. The Company's asset management business provides services to separately managed accounts, private funds or partnerships, and open-end and closed-end registered investment companies or funds. The Company offers an array of investment products including small and mid-cap value equity, master limited partnerships focused on the energy industry, and fixed income. Other income includes revenue from merchant banking activities, which involves proprietary debt or equity investments in late stage private companies, gains and losses from investments in private equity and venture capital funds as well as other firm investments, and income associated with the forfeiture of stock-based compensation. The Company competes with regional broker dealers, boutique and niche-specialty firms, asset management firms and alternative trading systems that effect securities transactions through various electronic media. The Company is subject to regulation of many aspects of its business by U.S. federal and state regulatory agencies, self-regulatory organizations and by foreign governmental agencies, regulatory bodies and securities exchanges.
Company Website
SEC Reports
Industry: Capital Markets
Compare:SIEB, GHL, GS, SF, MS
Traded in other countries:PJR.Germany
ยป More Articles for PJC

Headlines

Articles On GuruFocus.com
Merger Mania 2011: How to Profit From M&A Activity Dec 23 2010 
Weekly CEO Buys Highlight: Eagle Bancorp Inc, State Bancorp Inc, Electronics for Imaging Inc, Piper Jul 31 2010 
Weekly CEO Buys Highlight: Piper Jaffray Companies Jul 26 2010 
Piper Jaffray Companies (PJC) CEO Andrew S Duff buys 5,000 Shares Jul 23 2010 
Piper Jaffray Companies (PJC) CEO Andrew S Duff buys 2,500 Shares May 03 2010 
Piper Jaffray Companies Announces 2008 Fourth Quarter and Year-end Results Feb 02 2009 
Piper Jaffray Companies to Hold Management Conference Call to Discuss 2008 Fourth Quarter and Year-E Jan 27 2009 
Piper Jaffray Expands Financial Restructuring Team with the Addition of Victor Caruso Dec 15 2008 
Piper Jaffray Companies Jul 04 2008 


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