Cohen & Steers Inc Common Stock (CNS)

FairStock Score: 48/100 — MIXED

Key Financials

Strengths

• Generates $100 million in annual free cash flow (2.9% yield on market cap)
• High return on equity of 23.8% demonstrating efficient capital deployment
• Conservative balance sheet with debt-to-equity of just 0.20, providing financial flexibility
• Altman Z-Score of 9.3 confirms minimal bankruptcy risk and strong solvency
• Attractive 3.9% dividend yield providing steady income returns

Concerns

• Trades significantly above Graham Number ($27) with negative 149% margin of safety—limited downside protection

AI Analysis

Cohen & Steers Inc Common Stock is a small-cap financial services company valued at $3.5 billion. The business generates $567 million in annual revenue with a 7.5% net margin and $100 million in free cash flow. From a quality standpoint, Cohen shows Altman Z-Score of 9.3 confirms fortress-level solvency and strong 24% ROE. On valuation, the stock is reasonably priced at 22.6x earnings, with trades far above its Graham Number ($27) with no margin of safety. Growth dynamics show revenue growing at 3.0% and profit growth of -23.9%. The 3.9% dividend yield adds an income component for patient holders. Our composite FairStock Score of 48/100 reflects mixed fundamentals overall. Investors should weigh the business quality against the current price and their own margin of safety requirements.

Bull Case

Improving fundamentals and sector tailwinds could drive meaningful earnings growth, compressing the effective multiple for patient investors. With $100 million in annual free cash flow (2.9% yield), management has ample capital for buybacks, dividends, or accretive acquisitions.

Bear Case

Macro headwinds or sector-specific disruption could pressure margins, particularly if competitive intensity increases in the financial services space. Regulatory changes, input cost inflation, or demand normalization represent underappreciated risks that could materially impact forward estimates.

Data from SEC filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer