Acadian Asset Management Inc. (AAMI) vs Cohen & Steers Inc (CNS)

Acadian Asset Management Inc. and Cohen & Steers Inc are both Asset Management companies. Cohen & Steers Inc is the larger, with a market value of $3.9B against $3.3B — 1.2× the size. Cohen & Steers Inc trades at the lower P/E: 22.7× against 33.1×. Acadian Asset Management Inc. grew revenue faster over the last twelve months: 24.2% against 7.42%. Cohen & Steers Inc has the higher net margin (28.8% vs 15.2%) and the higher return on invested capital (285.4% vs 40.0%). Both pay a dividend; Cohen & Steers Inc yields more (3.43% vs 0.19%). Across the 21 metrics below, Cohen & Steers Inc leads on 17 and Acadian Asset Management Inc. on 4.

Valuation

Metric AAMI CNS Asset Management median
P/E 33.06 22.69 14.62
P/S 5.00 6.55 2.97
P/B 25.09 5.85 0.94
Price to free cash flow n/m 55.94 8.93
EV/EBITDA 21.95 16.00 10.32
EV/Sales 5.71 5.75 5.72
Earnings yield 3.03% 4.41% 4.53%
Free cash flow yield (1.50%) 1.79% 4.65%

Profitability

Metric AAMI CNS Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 23.68% 32.90% 33.03%
Net margin 15.17% 28.82% 13.53%
Free cash flow margin (7.49%) 11.71% 12.44%
Return on equity 92.14% 28.16% 4.83%
Return on assets 13.26% 20.38% 1.57%
Return on invested capital 39.99% 285.43% 3.04%

Growth

Metric AAMI CNS Asset Management median
Revenue growth (TTM) 24.21% 7.42% 6.97%
EPS growth (last fiscal year) (0.45%) 0.00% —
Revenue growth, 5-year CAGR 2.45% 5.40% 12.13%
Net income growth, 5-year CAGR (22.53%) 14.88% 0.00%

Health

Metric AAMI CNS Asset Management median
Debt to equity 1.50 0.00 0.42
Current ratio 0.82 12.46 1.28
Net debt to EBITDA 0.51 (2.97) 1.06

Dividend

Metric AAMI CNS Asset Management median
Dividend yield 0.19% 3.43% 6.92%
Payout ratio 0.02 0.77 0.77

Size

Metric AAMI CNS Asset Management median
Market cap 3.31b 3.86b 721.34m

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