(COHN) Cohen - Ratings and Ratios
Cdo, Investment, Fixed Income, Finance
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 5.75% |
| Yield on Cost 5y | 9.39% |
| Yield CAGR 5y | 25.99% |
| Payout Consistency | 69.4% |
| Payout Ratio | 42.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 89.0% |
| Value at Risk 5%th | 126% |
| Relative Tail Risk | -13.98% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.28 |
| Alpha | 71.33 |
| CAGR/Max DD | 0.69 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.610 |
| Beta | 0.277 |
| Beta Downside | 0.576 |
| Drawdowns 3y | |
|---|---|
| Max DD | 60.77% |
| Mean DD | 22.95% |
| Median DD | 22.08% |
Description: COHN Cohen December 18, 2025
Cohen & Company Inc. (NYSE MKT: COHN) is a publicly traded investment manager that focuses on separate-client fixed-income portfolios and collateralized debt obligations. Founded in 1999 and headquartered in Philadelphia, the firm serves both individual and institutional investors across a global spectrum of credit assets, including U.S. trust preferred securities, European hybrid capital, Asian commercial real-estate debt, mortgage-backed securities, and asset-backed securities. The company operates under its former name, Institutional Financial Markets, Inc., and maintains a footprint in major financial hubs such as New York, Chicago, Boston, Paris, and London.
As of the most recent filing (Q3 2024), COHN reported approximately $2.1 billion in assets under management, with a revenue run-rate of $85 million and an operating margin near 22 %. The firm’s performance is tightly linked to macro-level credit spreads and central-bank policy; a flattening yield curve and tighter monetary conditions have historically boosted demand for higher-yielding, non-agency fixed-income products that COHN specializes in. Additionally, the alternative-credit sector is seeing a 6-8 % annual growth in capital inflows, driven by institutional appetite for diversification away from traditional equities and government bonds.
For a deeper quantitative view, the ValueRay platform provides a granular breakdown of COHN’s credit exposure, risk metrics, and valuation multiples to help you assess the firm’s upside potential.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (4.38m TTM) > 0 and > 6% of Revenue (6% = 11.5m TTM) |
| FCFTA 0.04 (>2.0%) and ΔFCFTA -20.65pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 347.3% (prev 779.4%; Δ -432.2pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.04 (>3.0%) and CFO 33.8m > Net Income 4.38m (YES >=105%, WARN >=100%) |
| Net Debt (29.2m) to EBITDA (12.0m) ratio: 2.43 <= 3.0 (WARN <= 3.5) |
| Current Ratio 65.08 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (6.03m) change vs 12m ago 4.16% (target <= -2.0% for YES) |
| Gross Margin 30.70% (prev 37.41%; Δ -6.70pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 24.04% (prev 11.68%; Δ 12.37pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.93 (EBITDA TTM 12.0m / Interest Expense TTM 5.89m) >= 6 (WARN >= 3) |
Altman Z'' 5.56
| (A) 0.86 = (Total Current Assets 674.9m - Total Current Liabilities 10.4m) / Total Assets 773.9m |
| (B) -0.04 = Retained Earnings (Balance) -29.4m / Total Assets 773.9m |
| (C) 0.01 = EBIT TTM 11.4m / Avg Total Assets 795.9m |
| (D) -0.04 = Book Value of Equity -30.3m / Total Liabilities 672.8m |
| Total Rating: 5.56 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 59.66
| 1. Piotroski 2.0pt |
| 2. FCF Yield -64.73% |
| 3. FCF Margin 17.01% |
| 4. Debt/Equity 1.75 |
| 5. Debt/Ebitda 2.43 |
| 6. ROIC - WACC (= 4.45)% |
| 7. RoE 10.01% |
| 8. Rev. Trend 58.26% |
| 9. EPS Trend 46.61% |
What is the price of COHN shares?
Over the past week, the price has changed by +12.63%, over one month by +16.79%, over three months by +60.62% and over the past year by +84.77%.
Is COHN a buy, sell or hold?
What are the forecasts/targets for the COHN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 0.5 | -97.1% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.3 | 22.5% |
COHN Fundamental Data Overview December 27, 2025
P/E Trailing = 5.5373
P/S = 0.1866
P/B = 0.7239
Beta = 1.278
Revenue TTM = 191.4m USD
EBIT TTM = 11.4m USD
EBITDA TTM = 12.0m USD
Long Term Debt = 66.6m USD (from longTermDebt, last quarter)
Short Term Debt = 457.1m USD (from shortTermDebt, last quarter)
Debt = 83.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 29.2m USD (from netDebt column, last quarter)
Enterprise Value = -50.3m USD (27.2m + Debt 83.9m - CCE 161.4m)
Interest Coverage Ratio = 1.93 (Ebit TTM 11.4m / Interest Expense TTM 5.89m)
FCF Yield = -64.73% (FCF TTM 32.6m / Enterprise Value -50.3m)
FCF Margin = 17.01% (FCF TTM 32.6m / Revenue TTM 191.4m)
Net Margin = 2.29% (Net Income TTM 4.38m / Revenue TTM 191.4m)
Gross Margin = 30.70% ((Revenue TTM 191.4m - Cost of Revenue TTM 132.6m) / Revenue TTM)
Gross Margin QoQ = 36.25% (prev 25.97%)
Tobins Q-Ratio = -0.06 (set to none) (Enterprise Value -50.3m / Total Assets 773.9m)
Interest Expense / Debt = 1.75% (Interest Expense 1.47m / Debt 83.9m)
Taxrate = 7.70% (733.0k / 9.52m)
NOPAT = 10.5m (EBIT 11.4m * (1 - 7.70%))
Current Ratio = 65.08 (Total Current Assets 674.9m / Total Current Liabilities 10.4m)
Debt / Equity = 1.75 (Debt 83.9m / totalStockholderEquity, last quarter 47.8m)
Debt / EBITDA = 2.43 (Net Debt 29.2m / EBITDA 12.0m)
Debt / FCF = 0.90 (Net Debt 29.2m / FCF TTM 32.6m)
Total Stockholder Equity = 43.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.57% (Net Income 4.38m / Total Assets 773.9m)
RoE = 10.01% (Net Income TTM 4.38m / Total Stockholder Equity 43.7m)
RoCE = 10.29% (EBIT 11.4m / Capital Employed (Equity 43.7m + L.T.Debt 66.6m))
RoIC = 7.40% (NOPAT 10.5m / Invested Capital 141.6m)
WACC = 2.94% (E(27.2m)/V(111.1m) * Re(7.04%) + D(83.9m)/V(111.1m) * Rd(1.75%) * (1-Tc(0.08)))
Discount Rate = 7.04% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 100.0 | Cagr: 98.49%
[DCF Debug] Terminal Value 70.46% ; FCFE base≈100.9m ; Y1≈66.2m ; Y5≈30.3m
Fair Price DCF = 292.4 (DCF Value 595.4m / Shares Outstanding 2.04m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 46.61 | EPS CAGR: 21.78% | SUE: N/A | # QB: 0
Revenue Correlation: 58.26 | Revenue CAGR: 35.38% | SUE: N/A | # QB: 0
Additional Sources for COHN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle