COHEN & STEERS INC CNS S W

December 07, 2017 - 11:11am EST by

member

						2017	2018
Price:		46.11		EPS		2.05	2.28
Shares Out. (in M):		46		P/E		22.1	21.6
Market Cap (in $M):		2,135		P/FCF		22.1	21.6
Net Debt (in $M):		-306		EBIT		154	159
TEV (in $M):		1,875		TEV/EBIT		12.2	11.8
Borrow Cost:		General Collateral

Description

Sign up or Log In

Sign up for free guest access to view investment ideas with a 45-day delay and read the full report.

Log in to read the full report.

show sort by

You are not eligible to view 3 messages. To gain access to more recent message posts signup free for membership.

9	member 4/09/21 12:59PM Anyone following?
Seems like this should be a secular loser (active -> passive; fee compression; outgrown their "niches"), but the stock has returned some 75%+, and it's trading at 20x 2021 consensus, which itself is 20% above... login to read the rest view available tags
5	member 4/18/18 5:33PM thoughts on the earnings report?
Thanks in advance. view available tags
4	member 1/23/18 10:42AM Re: Question on Japanese Margins 3
You're welcome. I estimate 30% of 2016 earnings based on the revenue disclosed and almost no direct costs, as the Japanese funds are managed by the same investment team that manages CNS's other funds. I agree, that high-payout view available tags
3	member 1/22/18 5:15PM Question on Japanese Margins
First off, thanks for the excellent writeup, the Japanese angle is very interesting. On Japan, how are you getting your 30% of profits estimate? I know it's higher margin but the whole business has over 40%... login to read the rest view available tags
2	member 12/14/17 10:21AM Re: a few questions 1
Hi, 1. Their AUM has been growing but that is because of appreciation. Excluding appreciation their AUM was down 24% from the end of 2011 to the end of 2015, was up 3% in 2016, and... login to read the rest view available tags
1	member 12/12/17 1:00PM a few questions
thanks for the idea, very interesting. a few questions: 1) CNS claims 12 quarters of "organic growth", which seems to mean inflows. they seem to be taking in a fair amount today... so i guess the... login to read the rest view available tags

load more messages