COWEN INC - A (COWN) Stock Fundamental Analysis
USA - NASDAQ:COWN - US2236226062 - Common Stock
38.99 USD
0 (0%)
39 USD
+0.01 (+0.03%)
We assign a fundamental rating of 3 out of 10 to COWN. COWN was compared to 237 industry peers in the Capital Markets industry. COWN may be in some trouble as it scores bad on both profitability and health. COWN is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
COWN had positive earnings in the past year.
COWN had a negative operating cash flow in the past year.
Of the past 5 years COWN 4 years were profitable.
The reported operating cash flow has been mixed in the past 5 years: COWN reported negative operating cash flow in multiple years.
1.2 Ratios
COWN has a Return On Assets of 1.37%. This is comparable to the rest of the industry: COWN outperforms 46.86% of its industry peers.
The Return On Equity of COWN (10.37%) is better than 68.60% of its industry peers.
The Return On Invested Capital of COWN (1.86%) is worse than 68.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 10.37% | ||
| ROIC | 1.86% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of COWN (7.52%) is worse than 61.84% of its industry peers.
COWN's Profit Margin has improved in the last couple of years.
COWN has a Operating Margin of 7.50%. This is amonst the worse of the industry: COWN underperforms 80.19% of its industry peers.
COWN has a Gross Margin of 75.78%. This is in the better half of the industry: COWN outperforms 73.91% of its industry peers.
COWN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.5% | ||
| PM (TTM) | 7.52% | ||
| GM | 75.78% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y54.27%
PM growth 5YN/A
GM growth 3Y2.52%
GM growth 5Y-0.96%
2. Health
2.1 Basic Checks
There is no outstanding debt for COWN. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
Based on the Altman-Z score of -0.09, we must say that COWN is in the distress zone and has some risk of bankruptcy.
COWN has a Altman-Z score of -0.09. This is in the lower half of the industry: COWN underperforms 70.05% of its industry peers.
COWN has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
COWN's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. COWN outperforms 75.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.09 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
COWN has a Current Ratio of 0.48. This is a bad value and indicates that COWN is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.48, COWN is doing worse than 71.01% of the companies in the same industry.
COWN has a Quick Ratio of 0.48. This is a bad value and indicates that COWN is not financially healthy enough and could expect problems in meeting its short term obligations.
COWN has a Quick ratio of 0.48. This is in the lower half of the industry: COWN underperforms 71.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The earnings per share for COWN have decreased strongly by -57.41% in the last year.
COWN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 59.88% yearly.
The Revenue for COWN has decreased by -23.97% in the past year. This is quite bad
COWN shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 34.98% yearly.
EPS 1Y (TTM)-57.41%
EPS 3Y59.88%
EPS 5YN/A
EPS Q2Q%-42.42%
Revenue 1Y (TTM)-23.97%
Revenue growth 3Y29.77%
Revenue growth 5Y34.98%
Sales Q2Q%-0.35%
3.2 Future
The Earnings Per Share is expected to decrease by -9.03% on average over the next years.
COWN is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -12.08% yearly.
EPS Next Y-71.67%
EPS Next 2Y-31.22%
EPS Next 3Y-9.03%
EPS Next 5YN/A
Revenue Next Year-30.83%
Revenue Next 2Y-12.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.80, which indicates a rather cheap valuation of COWN.
Compared to the rest of the industry, the Price/Earnings ratio of COWN indicates a rather cheap valuation: COWN is cheaper than 82.13% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of COWN to the average of the S&P500 Index (26.13), we can say COWN is valued rather cheaply.
The Price/Forward Earnings ratio is 8.30, which indicates a very decent valuation of COWN.
Based on the Price/Forward Earnings ratio, COWN is valued a bit cheaper than 71.01% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.35, COWN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 8.3 |
4.2 Price Multiples
89.37% of the companies in the same industry are more expensive than COWN, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.44 |
4.3 Compensation for Growth
A cheap valuation may be justified as COWN's earnings are expected to decrease with -9.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-31.22%
EPS Next 3Y-9.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.23%, COWN has a reasonable but not impressive dividend return.
COWN's Dividend Yield is slightly below the industry average, which is at 8.57.
Compared to an average S&P500 Dividend Yield of 2.39, COWN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
COWN has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
17.57% of the earnings are spent on dividend by COWN. This is a low number and sustainable payout ratio.
DP17.57%
EPS Next 2Y-31.22%
EPS Next 3Y-9.03%
38.99
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners16.24%
Ins Owner Change0%
Market Cap1.09B
Revenue(TTM)1.62B
Net Income(TTM)121.72M
Analysts47.5
Price Target46.92 (20.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
Yearly Dividend0.38
Dividend Growth(5Y)N/A
DP17.57%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-28.69%
Min EPS beat(2)-64.97%
Max EPS beat(2)7.58%
EPS beat(4)3
Avg EPS beat(4)12.42%
Min EPS beat(4)-64.97%
Max EPS beat(4)68.24%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)24.9%
Min Revenue beat(2)13.57%
Max Revenue beat(2)36.24%
Revenue beat(4)4
Avg Revenue beat(4)23.34%
Min Revenue beat(4)13.57%
Max Revenue beat(4)36.24%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.59%
EPS NY rev (1m)-1.9%
EPS NY rev (3m)-17.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.8%
Revenue NY rev (1m)-0.46%
Revenue NY rev (3m)0.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 8.3 | ||
| P/S | 0.68 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.93 | ||
| P/tB | 1.21 | ||
| EV/EBITDA | 5.44 |
EPS(TTM)5
EY12.82%
EPS(NY)4.7
Fwd EY12.05%
FCF(TTM)-3.79
FCFYN/A
OCF(TTM)-3.25
OCFYN/A
SpS57.76
BVpS41.91
TBVpS32.33
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 10.37% | ||
| ROCE | N/A | ||
| ROIC | 1.86% | ||
| ROICexc | 2.31% | ||
| ROICexgc | 3.19% | ||
| OM | 7.5% | ||
| PM (TTM) | 7.52% | ||
| GM | 75.78% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y54.27%
PM growth 5YN/A
GM growth 3Y2.52%
GM growth 5Y-0.96%
F-Score4
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.16 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 22.65 | ||
| Cap/Depr | 56.77% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | -0.09 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)60.67%
Cap/Depr(5y)59.43%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-57.41%
EPS 3Y59.88%
EPS 5YN/A
EPS Q2Q%-42.42%
EPS Next Y-71.67%
EPS Next 2Y-31.22%
EPS Next 3Y-9.03%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.97%
Revenue growth 3Y29.77%
Revenue growth 5Y34.98%
Sales Q2Q%-0.35%
Revenue Next Year-30.83%
Revenue Next 2Y-12.08%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-64.24%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-68.52%
EBIT Next 3Y-9.26%
EBIT Next 5YN/A
FCF growth 1Y-141.18%
FCF growth 3Y-2.25%
FCF growth 5YN/A
OCF growth 1Y-132.97%
OCF growth 3Y-1.84%
OCF growth 5YN/A
COWEN INC - A / COWN FAQ
What is the fundamental rating for COWN stock?
ChartMill assigns a fundamental rating of 3 / 10 to COWN.
Can you provide the valuation status for COWEN INC - A?
ChartMill assigns a valuation rating of 7 / 10 to COWEN INC - A (COWN). This can be considered as Undervalued.
How profitable is COWEN INC - A (COWN) stock?
COWEN INC - A (COWN) has a profitability rating of 2 / 10.
What is the expected EPS growth for COWEN INC - A (COWN) stock?
The Earnings per Share (EPS) of COWEN INC - A (COWN) is expected to decline by -71.67% in the next year.
Can you provide the dividend sustainability for COWN stock?
The dividend rating of COWEN INC - A (COWN) is 3 / 10 and the dividend payout ratio is 17.57%.