Cohen & Steers Inc (CNS) vs Federated Hermes, Inc. (FHI)

Cohen & Steers Inc and Federated Hermes, Inc. are both Asset Management companies. Federated Hermes, Inc. is the larger, with a market value of $4.7B against $3.8B — 1.3× the size. Federated Hermes, Inc. trades at the lower P/E: 11.6× against 22.4×. Federated Hermes, Inc. grew revenue faster over the last twelve months: 13.2% against 8.60%. Cohen & Steers Inc has the higher net margin (28.2% vs 20.3%) and the lower return on invested capital (0.00% vs 27.1%). Both pay a dividend; Cohen & Steers Inc yields more (3.58% vs 2.25%). Across the 20 metrics below, Federated Hermes, Inc. leads on 11 and Cohen & Steers Inc on 9.

Valuation

Metric CNS FHI Asset Management median
P/E 22.38 11.56 13.38
P/S 6.31 2.31 2.99
P/B 5.56 3.52 0.91
Price to free cash flow 105.86 11.79 7.79
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 4.47% 8.65% 4.67%
Free cash flow yield 0.94% 8.48% 4.85%

Profitability

Metric CNS FHI Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 32.40% 27.80% 27.27%
Net margin 28.16% 20.32% 11.89%
Free cash flow margin 5.96% 19.55% 5.96%
Return on equity 27.10% 32.33% 4.57%
Return on assets 38.10% 17.23% 1.40%
Return on invested capital 0.00% 27.06% 2.12%

Growth

Metric CNS FHI Asset Management median
Revenue growth (TTM) 8.60% 13.16% 7.26%
EPS growth (last fiscal year) 0.00% 58.82% (5.64%)
Revenue growth, 5-year CAGR 5.40% 4.45% 11.84%
Net income growth, 5-year CAGR 14.88% 4.34% 0.00%

Health

Metric CNS FHI Asset Management median
Debt to equity 0.00 0.27 0.40
Current ratio 9.19 2.48 1.23
Net debt to EBITDA (2.97) (0.44) 1.06

Dividend

Metric CNS FHI Asset Management median
Dividend yield 3.58% 2.25% 6.43%
Payout ratio 0.81 0.26 0.91

Size

Metric CNS FHI Asset Management median
Market cap 3.77b 4.73b 692.54m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack