COMP <GO>
STEP vs PJT // FORWARD P/E MULTIPLE
StepStone Group Inc. (NASDAQ) VS. PJT Partners Inc. (NYSE) • 15-METRIC TALLY: STEP 3
— PJT 8
▲ FORWARD P/E MULTIPLE LEADER: STEP
LAST: $44.83 (+3.73%) • MKT CAP: $5.22B
forward-pe
18.0x
LAST: $153.58 (+2.59%) • MKT CAP: $6.14B
forward-pe
29.1x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (STEP VS. PJT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | STEP | PJT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 34.80% | -69.80 | PJT | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 23.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.19% | 7.71% | -6.52 | PJT | /fcf-yield <GO> |
| Operating Margin | -45.50% | 13.00% | -58.50 | PJT | /operating-margins <GO> |
| Net Profit Margin | -37.30% | 10.60% | -47.90 | PJT | /net-margins <GO> |
| Revenue Growth (YoY) | 69.70% | 14.90% | +54.80 | STEP | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 2.19% | 0.39% | +1.80 | STEP | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 8/9 | -1.00 | PJT | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 47.3 | 55.9 | -8.60 | PJT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.92 | 1.08 | -0.16 | PJT | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 18.0x | 29.1x | -11.10 | STEP | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.22B | $6.14B | -$924.2M | PJT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | STEP REV | PJT REV | STEP GROSS % | PJT GROSS % | STEP FCF | PJT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.99B | $1.70B | — | — | $63.9M | $480.4M |
| FY 2024 | $1.17B | $1.48B | — | — | $59.8M | $527.7M |
| FY 2023 | $711.6M | $1.15B | — | — | $129.5M | $390.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
STEP // BETA 0.92
PJT // BETA 1.08