Cohen & Company Inc.
Find Ratings ReportsCOHEN & COMPANY INC's gross profit margin for the third quarter of its fiscal year 2023 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased.
At the same time, stockholders' equity ("net worth") has significantly decreased by 25.24% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 17.12 | 28.11 |
EBITDA ($mil) | -3.96 | 7.82 |
EBIT ($mil) | -4.1 | 7.68 |
Net Income ($mil) | -0.42 | -0.92 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 431.48 | 746.95 |
Total Assets ($mil) | 801.0 | 1236.11 |
Total Debt ($mil) | 570.08 | 942.28 |
Equity ($mil) | 37.16 | 49.71 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | -23.15 | 27.82 |
EBITDA Margin | -23.15 | 27.81 |
Operating Margin | -23.97 | 27.32 |
Sales Turnover | 0.08 | 0.05 |
Return on Assets | -1.58 | -0.5 |
Return on Equity | -34.08 | -12.54 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.94 | 0.95 |
Interest Expense | 1.69 | 1.35 |
Interest Coverage | -2.44 | 5.71 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 1.82 | 1.72 |
Div / share | 0.25 | 0.25 |
EPS | -0.28 | -0.64 |
Book value / share | 20.4 | 28.95 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 4943.0 | 5174.0 |
SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.38 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 3.54. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, COHEN & COMPANY INC proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
COHN NM | Peers 49.70 | COHN NM | Peers 29.90 | |||||||||||||||||||||
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings. COHN's P/E is negative making this valuation measure meaningless. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. COHN's P/CF is negative making the measure meaningless. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
COHN NA | Peers 19.20 | COHN NA | Peers 1.61 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
COHN 0.38 | Peers 3.54 | COHN -63.26 | Peers 71.14 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. COHN is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, COHN is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
COHN 0.23 | Peers 5.47 | COHN -3.23 | Peers 38.40 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. COHN is trading at a significant discount to its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. COHN significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||