Cowen Group Inc (COWN) Financials

$38.99

$0.00 (0.00%)

As on 01-Mar-2023 09:30EDT

Market cap

$1,101 Mln

Revenue (TTM)

$1,538 Mln

P/E Ratio

17.6

P/B Ratio

1

Div. Yield

1.2 %

Annual
Quarterly

Income Statement ($ Mln)	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Operating Revenue	1,537.72	2,112.80	1,623.30	1,049.44	966.92	658.78
Cost of Revenue	1,198.27	1,437.20	1,215.26	903.32	801.89	595.34
Gross Profit	339.45	675.60	408.04	146.13	165.03	63.44
Operating Expenses	245.01	267.36	231.63	186.96	167.82	135.30
Operating Profit (EBIT)	94.44	408.25	176.41	-40.84	-2.79	-71.86
Other Income	--	34.81	154.22	138.77	123.74	105.78
Profit before Tax	76.64	406.03	297.44	70.72	98.94	6.96
Provision for Tax	10.79	102.04	90.37	14.85	15.72	44.05
Profit after Tax (Net Income)	76.46	295.61	216.36	24.63	42.82	-60.88
Minority Interest	10.60	-8.38	-9.30	31.24	40.40	23.79
Consolidated Profit	--	288.82	209.57	17.84	36.03	-67.67

Liabilities ($ Mln)	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Shareholder's Funds	1,184.92	1,136.62	969.50	809.86	794.41	748.02
Minority Interest	--	159.74	199.62	94.32	--	--
Non-Current Liabilities	3,109.31	3,619.02	3,807.94	3,076.32	1,343.70	1,592.35
Current Liabilities	4,371.62	3,833.44	2,851.14	1,181.54	1,208.20	955.89
Total Liabilities	8,828.77	8,748.81	7,828.20	5,162.03	3,346.30	3,296.25

Assets ($ Mln)	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Non-Current Assets	4,441.26	5,188.10	4,681.35	3,526.65	1,706.79	2,064.00
Current Assets	4,383.09	3,560.72	3,146.85	1,635.38	1,639.51	1,232.25
Total Assets	8,665.85	8,589.08	7,628.58	5,067.71	3,346.30	3,296.25
Total Debt*	2,038.35	2,308.83	3,023.02	3,699.56	1,333.19	1,445.01
Net Current Assets	11.47	-272.73	295.72	453.84	431.32	276.37

Cashflow ($ Mln)	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Cash From Operating Activities	171.59	306.63	521.28	-179.91	324.54	-116.39
Cash Flow from Investing Activities	--	-75.54	-20.82	-47.63	-17.88	-2.40
Cash from Financing Activities	-55.41	-15.72	25.58	200.44	-128.75	137.85
Net Cash Inflow / Outflow	--	215.36	526.04	-27.10	177.91	19.06

Financials Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Adjusted EPS ($)	2.39	8.96	7.21	0.79	1.38	-2.10
Cash EPS ($)	3.26	9.53	7.97	1.45	1.78	-1.65
Adjusted Book Value ($)	37.03	34.44	32.32	26.12	25.63	25.79
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	5.36	9.29	17.38	-5.80	10.47	-4.01
Free Cash Flow per Share ($)	4.97	8.93	17.02	-6.28	10.19	-4.22

Profitability Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
ROCE (%)	2.29	7.95	5.09	0.74	1.98	-3.14
ROE (%)	6.59	28.07	24.32	3.07	5.55	-8.01
ROA (%)	0.87	3.57	3.33	0.58	1.29	-2.29
EBIT Margin (%)	5.67	18.82	18.90	3.76	6.05	-2.55
Net Margin (%)	4.97	13.76	12.17	2.07	3.93	-7.96
Cash Profit Margin (%)	--	--	--	--	--	--

Growth Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Revenue Growth (%)	-0.27	0.30	0.55	0.09	0.47	0.40
EBIT Growth (%)	-78.06	29.64	676.86	-32.55	447.84	56.14
Net Profit Growth (%)	-74.14	36.63	778.42	-42.48	170.33	-215.83
EPS Growth (%)	-0.73	0.24	8.08	-0.42	1.66	-1.94
Book Value Growth (%)	--	--	--	--	--	--

Valuation Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Price / Earnings	16.16	4.03	3.60	19.82	9.66	-6.50
Price / Book Value	1.04	1.05	0.80	0.60	0.52	0.53
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	16.61	5.55	9.58	37.07	13.08	-270.75
Close Price ($)	38.62	36.10	25.99	15.75	13.34	13.65
High Price ($)	38.88	44.07	28.13	18.36	17.99	18.10
Low Price ($)	21.36	23.40	5.75	13.10	11.63	12.45
Market Cap ($ Cr)	--	--	--	--	--	--

Solvency Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Debt to Equity	1.72	2.03	3.12	4.57	1.68	1.93
Short term debt to equity ratio	0.11	0.72	0.07	2.56	0.77	0.61
Current Ratio	1.00	0.93	1.10	1.38	1.36	1.29
Quick Ratio	--	--	--	--	--	0.41
Interest Coverage	0.34	--	--	--	--	--

Operating Efficiency Ratios	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16	Dec-15	Dec-14	Dec-13	Dec-12
Debtors to sales (%)	183.12	107.47	128.50	103.65	109.31	127.19
Asset Turnover	0.17	0.25	0.25	0.25	0.29	0.25
Receivable days	604.10	376.58	357.05	373.23	357.90	292.53
Inventory Days	--	--	--	--	382.22	496.71
Payable days	44.02	35.72	38.34	42.86	44.88	25.38
Cash Conversion Cycle	--	--	--	--	695.23	763.86