Lazard (FRA:69Q) EV-to-EBIT: 13.18 (As of Aug. 22, 2026) — 57% Above Median

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FRA:69Q Lazard Inc FRA:69Q
83 GF Score
Price €36.20
GF Value €38.25
! 3 Warning Signs
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What is Lazard EV-to-EBIT?

Lazard FRA:69Q -5.73% 83 EV-to-EBIT is 13.18 as of Aug. 22, 2026, which is 57% above its 10-year median of 8.40. GuruFocus rates FRA:69Q with a GF Score™ of 83/100 and a GF Value™ of €38.25. The stock has 3 warning signs investors should review. Among 497 Capital Markets companies, Lazard ranks worse than 58.35% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lazard's Enterprise Value is €4,500 Mil. Lazard's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €342 Mil. Therefore, Lazard's EV-to-EBIT for today is 13.18.

The historical rank and industry rank for Lazard's EV-to-EBIT or its related term are showing as below:

FRA:69Q' s EV-to-EBIT Range Over the Past 10 Years
Min: -3538.24   Med: 8.4   Max: 59.98
Current: 13.22

During the past 13 years, the highest EV-to-EBIT of Lazard was 59.98. The lowest was -3538.24. And the median was 8.40.

FRA:69Q's EV-to-EBIT is ranked worse than
58.35% of 497 companies
in the Capital Markets industry
Industry Median: 9.69 vs FRA:69Q: 13.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lazard's Enterprise Value for the quarter that ended in Jun. 2026 was €4,261 Mil. Lazard's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €342 Mil. Lazard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.01%.


Lazard  (FRA:69Q) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Lazard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=341.521/4261.4192
=8.01 %

Lazard's Enterprise Value for the quarter that ended in Jun. 2026 was €4,261 Mil.
Lazard's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €342 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lazard EV-to-EBIT Related Terms


Lazard EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Lazard's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lazard EV-to-EBIT Chart

Lazard Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 6.47 -1,827.07 11.36 12.55

Lazard Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.23 13.58 12.55 11.48 12.68

FRA:69Q vs PJT, GLXY, MKTX: EV-to-EBIT Comparison

For the Capital Markets subindustry, Lazard's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lazard EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lazard's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Lazard's EV-to-EBIT falls into.


FRA:69Q
83GF Score
Lazard Inc FRA:69Q
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lazard EV-to-EBIT Calculation

Lazard's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4500.479/341.521
=13.18

Lazard's current Enterprise Value is €4,500 Mil.
Lazard's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €342 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 13.18 mean?
Lazard (FRA:69Q) has a EV-to-EBIT of 13.18 as of Aug. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Lazard and its competitors. This is 57% above median its historical median of 8.40. According to the industry distribution chart, Lazard ranks #290 out of 497 companies in the Capital Markets industry, placing it in the top 58.4%.
Is Lazard's EV-to-EBIT too high?
Lazard's current EV-to-EBIT of 13.18 is 57% above median its 10-year median of 8.40. The Capital Markets industry median EV-to-EBIT is 9.69. Lazard's value of 13.18 is 36% above this industry median. Based on the distribution chart, Lazard ranks #290 out of 497 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Lazard has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Lazard's EV-to-EBIT compare to PJT and GLXY?
According to the Capital Markets industry distribution chart, Lazard ranks #290 out of 497 companies for EV-to-EBIT. This places Lazard in the lower half of its industry. The industry median EV-to-EBIT is 9.69. Lazard's value of 13.18 is 36% above this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 9.69, Lazard has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.69, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lazard's current EV-to-EBIT of 13.18 is 36% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Lazard and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lazard's current EV-to-EBIT is 13.18, which is 57% above median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard stock overvalued right now?
Lazard (FRA:69Q) has a current EV-to-EBIT of 13.18. The stock's GF Value™ is €38.25, compared to a current price of €36.20 — trading 5.4% below its estimated fair value. The current EV-to-EBIT is 13.18, which is 57% above median its 10-year median of 8.40 and 36% above the Capital Markets industry median of 9.69. Lazard's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Lazard (FRA:69Q), the current EV-to-EBIT is 13.18 as of Aug. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lazard (FRA:69Q) Overvalued in 2026?

Based on GuruFocus' analysis, Lazard stock appears to be undervalued. The current stock price of €36.20 is trading 5.4% below its estimated GF Value™ of €38.25.

Key valuation signals for FRA:69Q:

  • EV-to-EBIT: 13.18 (57% above median its 10-year median of 8.40)
  • GF Value™: €38.25 vs. price of €36.20 (5.4% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 36% above the Capital Markets median (#290 of 497)

No single metric tells the full story. See the FRA:69Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lazard Business Description

Other Exchanges LAZ:USA0UB6:UK
Address 30 Rockefeller Plaza, New York, NY, USA, 10112
Lazard Inc is a financial advisory and asset management firm with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Geographically, the company earns key revenue in the Americas, EMEA then Asia-Pacific.
83GF Score

Get the complete analysis for FRA:69Q

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.20
Price
€38.25
GF Value