PS Stock Analysis: Pershing Square | NYSE
Asset Management | NYSE, USA | Market Cap: 16.332m USD | 12M Return: 66.1% | US71531U1025 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.23M
Warnings
Tailwinds
Seasonality 0.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Pershing Square Inc. is an alternative asset manager headquartered in New York. The company was incorporated in 2024 and was previously known as Pershing Square Holdco, L.P. It operates as a subsidiary of Pershing Square Partner Group, LLC. The firm is listed on the NYSE under the ticker PS and falls within the Financial Services sector, specifically the asset management industry.
As an alternative asset manager, the company focuses on non-traditional investment strategies rather than conventional long-only equity or fixed income management. The firm commonly engages in concentrated, value-oriented and activist investing in publicly traded companies, taking significant ownership stakes to influence corporate strategy and unlock shareholder value.
- Performance fees swing on concentrated portfolio returns
- New fund launches and capital raises expand AUM
- Persistent discount to NAV weighs on share price
| Net Income: 78.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.14 > 0.02 and ΔFCF/TA -35.81 > 1.0 |
| NWC/Revenue: 2.75% < 20% (prev 243.9%; Δ -241.1% < -1%) |
| CFO/TA -0.14 > 3% & CFO -134.2m > Net Income 78.5m |
| Net Debt (31.2m) to EBITDA (125.7m): 0.25 < 3 |
| Current Ratio: 1.63 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (400.0m) vs prev 0.00% < -2% |
| Gross Margin: 34.35% > 18% (prev 97.11%; Δ -62.76% > 0.5%) |
| Asset Turnover: 66.41% > 50% (prev 34.54%; Δ 31.87% > 0%) |
| Interest Coverage Ratio: 8.25 > 6 (EBIT TTM 123.4m / Interest Expense TTM 15.0m) |
| A: 0.02 (Total Current Assets 54.6m - Total Current Liabilities 33.5m) / Total Assets 990.5m |
| B: -0.16 (Retained Earnings -161.1m / Total Assets 990.5m) |
| C: 0.11 (EBIT TTM 123.4m / Avg Total Assets 1.15b) |
| D: 7.91 (Book Value of Equity 838.4m / Total Liabilities 106.0m) |
| Altman-Z'' = 8.63 = AAA |
| DSRI: 0.73 (Receivables 287.1m/232.7m, Revenue 766.8m/455.5m) |
| GMI: 2.83 (GM 97.11% / 34.35%) |
| AQI: 20.22 (AQ_t 0.92 / AQ_t-1 0.05) |
| SGI: 1.68 (Revenue 766.8m / 455.5m) |
| TATA: 0.21 (NI 78.5m - CFO -134.2m) / TA 990.5m) |
| Beneish M = 10.32 (Cap -4..+1) = D |
As of August 23, 2026, the stock is trading at USD 40.06 with a total of 183,199 shares traded. Over the past week, the price has changed by -1.89%, over one month by +12.65%, over three months by +6.57% and over the past year by +66.12%.
Current recommended Stop Loss: 35.20 (which is 12.1% or 2 ATR below the current price).
Pershing Square has no consensus analysts rating.
P/E Forward = 81.9672
P/S = 21.2737
P/B = 12.0005
Revenue TTM = 766.8m USD
EBIT TTM = 123.4m USD
EBITDA TTM = 125.7m USD
Long Term Debt = 34.8m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 78.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 21.6m
Net Debt = 31.2m USD (calculated: Debt 78.0m - CCE 46.8m)
Enterprise Value = 16.4b USD (16.3b + Debt 78.0m - CCE 46.8m)
Interest Coverage Ratio = 8.25 (Ebit TTM 123.4m / Interest Expense TTM 15.0m)
EV/FCF = -121.5x (Enterprise Value 16.4b / FCF TTM -134.7m)
FCF Yield = -0.82% (FCF TTM -134.7m / Enterprise Value 16.4b)
FCF Margin = -17.56% (FCF TTM -134.7m / Revenue TTM 766.8m)
Net Margin = 10.24% (Net Income TTM 78.5m / Revenue TTM 766.8m)
Gross Margin = 34.35% ((Revenue TTM 766.8m - Cost of Revenue TTM 503.4m) / Revenue TTM)
Gross Margin QoQ = 83.26% (prev 21.32%)
Tobins Q-Ratio = 16.52 (Enterprise Value 16.4b / Total Assets 990.5m)
Interest Expense / Debt = 19.17% (Interest Expense 15.0m / Debt 78.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 97.5m (EBIT 123.4m * (1 - 21.00%))
Current Ratio = 1.63 (Total Current Assets 54.6m / Total Current Liabilities 33.5m)
Debt / Equity = 0.09 (Debt 78.0m / totalStockholderEquity, last quarter 838.4m)
Debt / EBITDA = 0.25 (Net Debt 31.2m / EBITDA 125.7m)
Debt / FCF = -0.23 (negative FCF - burning cash) (Net Debt 31.2m / FCF TTM -134.7m)
Total Stockholder Equity = 1.71b (last fiscal year from totalStockholderEquity)
RoA = 6.80% (Net Income 78.5m / Total Assets 990.5m)
RoE = 4.60% (Net Income TTM 78.5m / Total Stockholder Equity 1.71b)
RoCE = 7.09% (EBIT 123.4m / Capital Employed (Equity 1.71b + L.T.Debt 34.8m))
RoIC = 10.61% (NOPAT 97.5m / Invested Capital 918.6m)
WACC = 19.59% (E(16.3b)/V(16.4b) * Re(19.61%) + D(78.0m)/V(16.4b) * Rd(19.17%) * (1-Tc(0.21)))
Discount Rate = 19.61% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (yearly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Fair Price = unknown (Cash Flow -134.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.13 | Chg30d=-2.56% | Revisions=-50% | Analysts=6
EPS current Year (2026-12-31): EPS=0.49 | Chg30d=-2.60% | Revisions=-40% | GrowthEPS=+0.0% | GrowthRev=+0.0%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+5.40% | Revisions=-29% | GrowthEPS=+96.6% | GrowthRev=+78.4%
[Analyst] Revisions Ratio: -58% (up=1, down=8)