Cohn Steers Z Score

CNS
 Stock
  

USD 63.28  1.46  2.26%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Continue to Cohn Steers Piotroski F Score and Cohn Steers Valuation analysis.
  
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As of 06/30/2022, Capital Expenditure is likely to drop to about (2.9 M). In addition to that, Return on Invested Capital is likely to drop to 0.75. Cohn Steers Consolidated Income is relatively stable at the moment as compared to the past year. Cohn Steers reported last year Consolidated Income of 226.15 Million. As of 06/30/2022, Net Income is likely to grow to about 228.1 M, while Earning Before Interest and Taxes EBIT is likely to drop slightly above 220.7 M.

Cohn Steers Z Score Analysis

Cohn Steers' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
PPandE Turnover30.937.3660.5765.35
Calculated Tax Rate21.6319.5119.7928.83
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Cohn Steers Z Score

    
  81.2  
Most of Cohn Steers' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cohn Steers is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
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1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
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Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Cohn Steers Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Cohn Steers is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Cohn Steers' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cohn Steers' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cohn Steers' interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Cohn Steers has a Z Score of 81. This is much higher than that of the Financial Services sector and notably higher than that of the Asset Management industry. The z score for all United States stocks is notably lower than that of the firm.

Cohn Steers Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cohn Steers' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cohn Steers could also be used in its relative valuation, which is a method of valuing Cohn Steers by comparing valuation metrics of similar companies.
Cohn Steers is currently under evaluation in z score category among related companies.

Cohn Steers Current Valuation Drivers

We derive many important indicators used in calculating different scores of Cohn Steers from analyzing Cohn Steers' financial statements. These drivers represent accounts that assess Cohn Steers' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cohn Steers' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee303.43 K347.24 K410.43 K220.1 K597.16 K644.31 K
Revenue Per Employee1.25 M1.16 M1.25 M1.23 M1.65 M1.37 M
Average Assets387.89 M462.07 M417.98 M361.97 M424.39 M427.48 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA171.74 M161.99 M190.22 M111.08 M283.22 M234.92 M
Earnings Before Interest Taxes and Depreciation Amortization USD171.74 M161.99 M190.22 M111.08 M283.22 M234.92 M
Earnings before Tax159.85 M148.15 M175.19 M94.81 M267.19 M220.73 M
Average Equity286.88 M283.43 M246.03 M204.76 M233.71 M265.34 M
Enterprise Value1.99 B1.44 B2.88 B3.49 B4.32 B3.46 B
Free Cash Flow61.01 M69.13 M138.69 M86.68 M240.21 M259.17 M
Invested Capital196.29 M422.86 M324.86 M321.65 M313.14 M296.03 M
Invested Capital Average186.1 M300.67 M348.87 M312.68 M302.97 M286.75 M
Market Capitalization2.19 B1.6 B2.97 B3.55 B4.46 B3.61 B
Tangible Asset Value389.75 M461.29 M382.86 M327.96 M472.99 M445.13 M

Cohn Steers Fundamentals

About Cohn Steers Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cohn Steers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cohn Steers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cohn Steers based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Cohen Steers, Inc. is a publicly owned asset management holding company. Cohen Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom Central, Hong Kong Tokyo, Japan and Seattle, Washington. Cohn Steers operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 354 people.

Cohn Steers Investors Sentiment

The influence of Cohn Steers' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cohn Steers. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Cohn Steers Implied Volatility

    
  61.29  
Cohn Steers' implied volatility exposes the market's sentiment of Cohn Steers stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cohn Steers' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cohn Steers stock will not fluctuate a lot when Cohn Steers' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cohn Steers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cohn Steers' short interest history, or implied volatility extrapolated from Cohn Steers options trading.

Current Sentiment - CNS

Cohn Steers Investor Sentiment

Greater number of Macroaxis users are currently bullish on Cohn Steers. What is your opinion about investing in Cohn Steers? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Cohn Steers

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cohn Steers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cohn Steers will appreciate offsetting losses from the drop in the long position's value.

Cohn Steers Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Cohn Steers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cohn Steers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cohn Steers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cohn Steers to buy it.
The correlation of Cohn Steers is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cohn Steers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cohn Steers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cohn Steers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Cohn Steers Piotroski F Score and Cohn Steers Valuation analysis. Note that the Cohn Steers information on this page should be used as a complementary analysis to other Cohn Steers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Cohn Steers price analysis, check to measure Cohn Steers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cohn Steers is operating at the current time. Most of Cohn Steers' value examination focuses on studying past and present price action to predict the probability of Cohn Steers' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cohn Steers' price. Additionally, you may evaluate how the addition of Cohn Steers to your portfolios can decrease your overall portfolio volatility.
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Is Cohn Steers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cohn Steers. If investors know Cohn Steers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cohn Steers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cohn Steers is measured differently than its book value, which is the value of Cohn Steers that is recorded on the company's balance sheet. Investors also form their own opinion of Cohn Steers' value that differs from its market value or its book value, called intrinsic value, which is Cohn Steers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cohn Steers' market value can be influenced by many factors that don't directly affect Cohn Steers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cohn Steers' value and its price as these two are different measures arrived at by different means. Investors typically determine Cohn Steers value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cohn Steers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.