COWEN INC - A (COWN) Stock Fundamental Analysis
USA - NASDAQ:COWN - US2236226062 - Common Stock
38.99 USD
0 (0%)
39 USD
+0.01 (+0.03%)
Overall COWN gets a fundamental rating of 3 out of 10. We evaluated COWN against 238 industry peers in the Capital Markets industry. Both the profitability and financial health of COWN have multiple concerns. COWN has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year COWN was profitable.
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
The Return On Assets of COWN (1.37%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 10.37%, COWN is in the better half of the industry, outperforming 68.60% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 1.86%, COWN is doing worse than 68.12% of the companies in the same industry.
| 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
Looking at the Profit Margin, with a value of 7.52%, COWN is doing worse than 61.84% of the companies in the same industry.
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.
In the last couple of years the Gross Margin of COWN has remained more or less at the same level.
| 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
COWN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
COWN has an Altman-Z score of -0.09. This is a bad value and indicates that COWN is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.09, COWN is doing worse than 70.05% of the companies in the same industry.
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
A Current Ratio of 0.48 indicates that COWN may have some problems paying its short term obligations.
The Current ratio of COWN (0.48) is worse than 71.01% of its industry peers.
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.
With a Quick ratio value of 0.48, COWN is not doing good in the industry: 71.01% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.48 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
COWN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.41%.
Measured over the past years, COWN shows a very strong growth in Earnings Per Share. The EPS has been growing by 59.88% on average per year.
The Revenue for COWN has decreased by -23.97% in the past year. This is quite bad
The Revenue has been growing by 34.98% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, COWN will show a decrease in Earnings Per Share. The EPS will decrease by -9.03% on average per year.
Based on estimates for the next years, COWN will show a very negative growth in Revenue. The Revenue will decrease by -12.08% on average per year.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.80, the valuation of COWN can be described as very cheap.
Based on the Price/Earnings ratio, COWN is valued cheaper than 82.13% of the companies in the same industry.
When comparing the Price/Earnings ratio of COWN to the average of the S&P500 Index (26.91), we can say COWN is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.30, the valuation of COWN can be described as reasonable.
COWN's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. COWN is cheaper than 71.01% of the companies in the same industry.
COWN is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.8 | ||
| Fwd PE | 8.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, COWN is valued cheaper than 89.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.44 |
4.3 Compensation for Growth
COWN's earnings are expected to decrease with -9.03% in the coming years. This may justify a cheaper valuation.
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.
Compared to an average industry Dividend Yield of 8.45, COWN is paying slightly less dividend.
With a Dividend Yield of 1.23, COWN pays less dividend than the S&P500 average, which is at 2.32.
| 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
COWN pays out 17.57% of its income as dividend. This is a 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%.