Financials Cohen & Steers, Inc.

Equities

CNS

US19247A1007

Investment Management & Fund Operators

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
70.37 USD +0.73% Intraday chart for Cohen & Steers, Inc. -2.79% -7.08%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,965 3,550 4,464 3,144 3,721 3,556 - -
Enterprise Value (EV) 1 2,965 3,550 4,464 3,144 3,721 3,556 3,556 3,556
P/E ratio 22.5 x 47.3 x 21.5 x 18.6 x 29.1 x 22.6 x 20.1 x 20.9 x
Yield 5.48% 3.45% 1.95% - 3.01% 3.35% 4.41% 3.67%
Capitalization / Revenue 7.22 x 8.3 x 7.65 x 5.55 x 7.6 x 7.11 x 6.77 x 6.6 x
EV / Revenue 7.22 x 8.3 x 7.65 x 5.55 x 7.6 x 7.11 x 6.77 x 6.6 x
EV / EBITDA 17.7 x 20.4 x 16.9 x 14.3 x 22.1 x 21.2 x 19.9 x 20.1 x
EV / FCF 21.4 x 41 x 18.6 x 54.7 x 32.4 x 18.6 x 13.9 x 17.3 x
FCF Yield 4.68% 2.44% 5.38% 1.83% 3.09% 5.37% 7.2% 5.79%
Price to Book - - - - 9.76 x 8.59 x 8.1 x 7.64 x
Nbr of stocks (in thousands) 47,248 47,786 48,257 48,706 49,139 50,532 - -
Reference price 2 62.76 74.30 92.51 64.56 75.73 70.37 70.37 70.37
Announcement Date 1/22/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 410.8 427.5 583.8 566.9 489.6 500.3 525.3 538.7
EBITDA 1 167.1 174.1 264.5 220.3 168.6 168 179 177
EBIT 1 162.7 169.5 260.4 215.9 164.5 163 174 172
Operating Margin 39.6% 39.64% 44.6% 38.09% 33.59% 32.58% 33.12% 31.93%
Earnings before Tax (EBT) 1 187.5 93.39 281.9 196.9 180.3 210 240 197
Net income 1 134.6 76.58 211.4 171 129 155 171 167
Net margin 32.77% 17.91% 36.21% 30.17% 26.36% 30.98% 32.55% 31%
EPS 2 2.790 1.570 4.310 3.470 2.600 3.120 3.500 3.360
Free Cash Flow 1 138.7 86.68 240.2 57.46 115 191 256 206
FCF margin 33.76% 20.28% 41.14% 10.14% 23.48% 38.18% 48.74% 38.24%
FCF Conversion (EBITDA) 83% 49.79% 90.83% 26.08% 68.2% 113.69% 143.02% 116.38%
FCF Conversion (Net income) 103.02% 113.19% 113.63% 33.59% 89.09% 123.23% 149.71% 123.35%
Dividend per Share 2 3.440 2.560 1.800 - 2.280 2.360 3.104 2.581
Announcement Date 1/22/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 154.2 159.6 154.2 147.4 140 125.3 126.1 120.6 - 119.2 122.7 124 125.6 126.9 126.6
EBITDA 69.21 81.44 51.98 - - - - - - - - - - - -
EBIT 1 68.23 80.51 50.99 60.99 57.18 46.77 - 40.84 - 37.87 40.26 40.54 41.16 40.53 41.82
Operating Margin 44.25% 50.43% 33.07% 41.37% 40.86% 37.32% - 33.86% - 31.77% 32.81% 32.68% 32.77% 31.93% 33.04%
Earnings before Tax (EBT) 1 69.48 87.34 56.1 35.99 55.21 49.6 - 43.49 - 54.52 45.3 51.88 54.54 53.33 57.62
Net income 1 51.48 64.48 42.02 51.96 44.57 32.5 35.31 31.78 - 29.82 34 38.6 39.34 38.9 40.79
Net margin 33.39% 40.39% 27.25% 35.24% 31.85% 25.93% 28.01% 26.34% - 25.02% 27.71% 31.12% 31.32% 30.65% 32.22%
EPS 2 1.050 1.300 0.8500 1.060 0.9000 0.6600 0.7100 0.6400 0.6500 0.6000 0.6800 0.7700 0.8000 0.8000 0.8200
Dividend per Share 2 0.4500 0.4500 0.5500 0.5500 - - - 0.5700 - 0.5700 0.5820 0.5900 0.5900 0.5900 0.6372
Announcement Date 10/20/21 1/26/22 4/20/22 7/20/22 10/19/22 1/25/23 4/19/23 7/19/23 10/18/23 1/24/24 4/17/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 139 86.7 240 57.5 115 191 256 206
ROE (net income / shareholders' equity) 61.7% 39.5% 98.5% 57.7% 39.1% 37.8% 40.8% 40.6%
ROA (Net income/ Total Assets) 30.5% 20.4% 50.3% 29.3% 18.3% 20.4% 21.7% 20.7%
Assets 1 441.7 375.4 420.6 583 705 759.8 788 806.8
Book Value Per Share 2 - - - - 7.760 8.200 8.690 9.210
Cash Flow per Share 2 - - 4.950 1.250 3.470 3.970 5.340 4.260
Capex 1 2.75 2.5 2.7 4.22 57 5 5 5
Capex / Sales 0.67% 0.59% 0.46% 0.74% 11.64% 1% 0.95% 0.93%
Announcement Date 1/22/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
3
Last Close Price
70.37 USD
Average target price
67 USD
Spread / Average Target
-4.79%
Consensus
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  4. Financials Cohen & Steers, Inc.