Lazard Stock Working Capital
| LAZ Stock | USD 38.87 0.76 1.92% |
Lazard fundamentals help investors to digest information that contributes to Lazard's financial success or failures. It also enables traders to predict the movement of Lazard Stock. The fundamental analysis module provides a way to measure Lazard's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lazard stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1.3 B | 2.1 B | |
| Change In Working Capital | -240.9 M | -228.8 M | |
| Working Capital | 0.00 | 0.00 |
Lazard | Working Capital |
Lazard Company Working Capital Analysis
Lazard's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Lazard Working Capital | 1.26 B |
Most of Lazard's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lazard is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lazard Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Lazard is extremely important. It helps to project a fair market value of Lazard Stock properly, considering its historical fundamentals such as Working Capital. Since Lazard's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lazard's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lazard's interrelated accounts and indicators.
Click cells to compare fundamentals
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Lazard Capital Surpluse
Capital Surpluse |
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Based on the company's disclosures, Lazard has a Working Capital of 1.26 B. This is 72.31% lower than that of the Capital Markets sector and 119.46% lower than that of the Financials industry. The working capital for all United States stocks is 14.89% higher than that of the company.
Lazard Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lazard's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lazard could also be used in its relative valuation, which is a method of valuing Lazard by comparing valuation metrics of similar companies.Lazard is rated second overall in working capital category among related companies.
Lazard Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lazard from analyzing Lazard's financial statements. These drivers represent accounts that assess Lazard's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lazard's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.4B | 4.5B | 4.6B | 3.3B | 3.1B | 3.1B | |
| Enterprise Value | 5.5B | 5.4B | 5.4B | 4.3B | 4.3B | 3.4B |
Lazard ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Lazard's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Lazard's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Lazard Fundamentals
| Return On Equity | -0.0627 | |||
| Return On Asset | -0.0109 | |||
| Profit Margin | (0.03) % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 5.08 B | |||
| Shares Outstanding | 87.43 M | |||
| Shares Owned By Insiders | 3.46 % | |||
| Shares Owned By Institutions | 55.40 % | |||
| Number Of Shares Shorted | 2.12 M | |||
| Price To Earning | 8.08 X | |||
| Price To Book | 7.92 X | |||
| Price To Sales | 1.33 X | |||
| Revenue | 2.56 B | |||
| Gross Profit | 2.49 B | |||
| EBITDA | (57.89 M) | |||
| Net Income | (79.92 M) | |||
| Cash And Equivalents | 2.01 B | |||
| Cash Per Share | 9.99 X | |||
| Total Debt | 2.18 B | |||
| Debt To Equity | 1.82 % | |||
| Current Ratio | 7.36 X | |||
| Book Value Per Share | 4.85 X | |||
| Cash Flow From Operations | 164.66 M | |||
| Short Ratio | 1.64 X | |||
| Earnings Per Share | (0.90) X | |||
| Price To Earnings To Growth | 1.02 X | |||
| Target Price | 49.0 | |||
| Number Of Employees | 3.29 K | |||
| Beta | 1.46 | |||
| Market Capitalization | 3.46 B | |||
| Total Asset | 4.64 B | |||
| Retained Earnings | 1.4 B | |||
| Working Capital | 1.26 B | |||
| Current Asset | 1.96 B | |||
| Current Liabilities | 663 M | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 4.68 % | |||
| Net Asset | 4.64 B | |||
| Last Dividend Paid | 2.0 |
About Lazard Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lazard's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lazard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lazard based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Lazard Investors Sentiment
The influence of Lazard's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Lazard. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Lazard's public news can be used to forecast risks associated with an investment in Lazard. The trend in average sentiment can be used to explain how an investor holding Lazard can time the market purely based on public headlines and social activities around Lazard. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Lazard's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Lazard's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Lazard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lazard.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lazard in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lazard's short interest history, or implied volatility extrapolated from Lazard options trading.
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Try AI Portfolio ArchitectCheck out Lazard Piotroski F Score and Lazard Altman Z Score analysis. For more information on how to buy Lazard Stock please use our How to Invest in Lazard guide.Note that the Lazard information on this page should be used as a complementary analysis to other Lazard's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Lazard Stock analysis
When running Lazard's price analysis, check to measure Lazard's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lazard is operating at the current time. Most of Lazard's value examination focuses on studying past and present price action to predict the probability of Lazard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lazard's price. Additionally, you may evaluate how the addition of Lazard to your portfolios can decrease your overall portfolio volatility.
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Is Lazard's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lazard. If investors know Lazard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lazard listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.466 | Dividend Share 2 | Earnings Share (0.90) | Revenue Per Share 28.328 | Quarterly Revenue Growth 0.124 |
The market value of Lazard is measured differently than its book value, which is the value of Lazard that is recorded on the company's balance sheet. Investors also form their own opinion of Lazard's value that differs from its market value or its book value, called intrinsic value, which is Lazard's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lazard's market value can be influenced by many factors that don't directly affect Lazard's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lazard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lazard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lazard's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.