Cohen & Steers is a New York-based investment manager specializing in liquid real assets, employing 405 staff and managing open-end funds, institutional accounts, and closed-end vehicles since its 2004 IPO. Its distribution network serves both wealth and institutional channels, including registered advisers and sovereign wealth funds.
Based on our analysis, Cohen & Steers currently holds an overvalued rating of 1 out of 5 stars. This assessment is primarily driven by several financial ratios that indicate potential concerns when compared to industry standards.
The price-to-earnings (P/E) ratio for Cohen & Steers stands at 34.14, significantly higher than the sector average of 12.79. A high P/E ratio suggests that investors are paying more for each dollar of earnings, which may indicate overvaluation. Similarly, the price-to-book (P/B) ratio of 9.76 also exceeds the sector average of 1.07, further indicating that the market may be valuing the company at a premium compared to its actual asset value.
While the net profit margin of 26.36% is impressive compared to the sector's 18.12%, the high valuation ratios raise questions about sustainability. The return on equity (ROE) ratio of 33.85% reflects strong profitability relative to shareholder equity, but this does not mitigate concerns about the elevated P/E and P/B ratios.
Additionally, the dividend yield for Cohen & Steers is 2.54%, slightly below the sector average of 2.95%. This lower yield may deter income-focused investors, further complicating the investment case.
Overall, while Cohen & Steers exhibits strong operational metrics, the elevated valuation ratios are cause for concern, suggesting that the current market price may not accurately reflect the company's intrinsic value.
This is not a comprehensive overview of our valuation, and should not be viewed as financial advice. Always do your own research before considering an investment.
📡️ Financials
Overvalued
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