Cohen & Steers, Inc. (CNS) stock analysis

P/E below its 5-year median

Cohen & Steers's P/E of 22.3 is below its own 5-year median of 22.6.

P/E above the industry

Cohen & Steers's P/E of 22.3 is above the Services Allied with the Exchange of Securities median of 21.0.

EV/EBITDA above its 5-year median

Cohen & Steers's EV/EBITDA of 18.3 is above its 5-year median of 18.3.

P/B above the industry

Cohen & Steers's price-to-book of 6.15 is above the Services Allied with the Exchange of Securities median of 3.70.

Trading above fair value

The share price of $72.72 is above our fair value estimate of $66.71.

Margin of safety under 20%

The price is 9.0% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew -0.6% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -5.1% a year over the last three fiscal years.

Earnings growth not accelerating

Net income grew 2.8% over the last twelve months, against a 5-year average of 14.9% a year.

Growing slower than the industry

Revenue grew 8.6% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 29.2% over the last twelve months and averaged 50.9% over five years.

Return on capital over 10%

Return on invested capital was 30.9%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Cohen & Steers's return on equity of 29.2% is above the Services Allied with the Exchange of Securities median of 15.7%.

Earnings grew over 5 years

Net income grew 14.9% a year on average over the last five fiscal years.

Net margin below its 5-year average

Net margin was 28.2% over the last twelve months, against a 5-year average of 29.9%.

Net margin above the industry

Cohen & Steers's net margin of 28.2% is above the Services Allied with the Exchange of Securities median of 16.3%.

No debt

Cohen & Steers has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Low bankruptcy risk

The Altman Z-score is 10.87; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Cohen & Steers paid dividends worth 2.8% of the share price over the last twelve months.

Yield below Treasuries

The 2.8% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Cohen & Steers yields 2.8%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Covered by earnings

Dividends take 80.2% of net income.

Cash-flow cover

Needs dividends paid and free cash flow.