Central Securities Corp. (CET)
Company Info
| ISIN | US1551231020 |
|---|---|
| CUSIP | 155123102 |
| Sector | Financial Services |
| Industry | Asset Management |
Highlights
| Market Cap | $1.29B |
|---|---|
| EPS (TTM) | $10.40 |
| PE Ratio | 4.38 |
| Total Revenue (TTM) | $66.65M |
| Gross Profit (TTM) | $61.80M |
| EBITDA (TTM) | $293.03M |
| Year Range | $32.82 - $46.05 |
| Target Price | $0.57 |
| Short % | 0.02% |
| Short Ratio | 0.07 |
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CET vs. RVT, CET vs. BRK-B, CET vs. GAM, CET vs. SPY, CET vs. VOO, CET vs. UTF, CET vs. XYLG, CET vs. USA, CET vs. DIA, CET vs. ARCC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Central Securities Corp., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Central Securities Corp. had a return of 21.23% year-to-date (YTD) and 32.36% in the last 12 months. Over the past 10 years, Central Securities Corp. had an annualized return of 12.48%, outperforming the S&P 500 benchmark which had an annualized return of 10.85%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.23% | 17.79% |
| 1 month | 2.22% | 0.18% |
| 6 months | 13.36% | 7.53% |
| 1 year | 32.36% | 26.42% |
| 5 years (annualized) | 13.76% | 13.48% |
| 10 years (annualized) | 12.48% | 10.85% |
Monthly Returns
The table below presents the monthly returns of CET, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.85% | 3.68% | 7.57% | -2.39% | 5.35% | 3.09% | -0.95% | 2.36% | 21.23% | ||||
| 2023 | 6.17% | -0.40% | -1.50% | 0.57% | -0.40% | 5.38% | 1.59% | -2.94% | -1.53% | -0.68% | 10.14% | 2.03% | 19.17% |
| 2022 | -7.47% | 0.68% | -0.34% | -7.66% | 0.81% | -8.13% | 5.25% | -2.62% | -6.51% | 9.28% | 4.97% | -6.63% | -18.51% |
| 2021 | 2.39% | 6.97% | 6.04% | 2.64% | 7.45% | 1.39% | -0.45% | 2.17% | -1.54% | 3.79% | -1.48% | 12.04% | 49.00% |
| 2020 | -2.60% | -7.57% | -13.36% | 12.32% | -0.28% | 0.45% | 0.24% | 2.28% | -1.99% | -2.76% | 10.91% | 6.67% | 1.46% |
| 2019 | 6.20% | 6.94% | 1.60% | 4.08% | -3.62% | 6.92% | 1.64% | -1.00% | 2.25% | 1.91% | 2.53% | 2.03% | 35.75% |
| 2018 | 1.64% | -2.37% | -1.95% | 1.13% | 3.52% | 0.70% | 1.33% | 5.38% | -0.84% | -7.97% | 4.90% | -8.91% | -4.49% |
| 2017 | 2.75% | 4.91% | 2.04% | 4.05% | 0.28% | 0.48% | 2.69% | -1.80% | 2.82% | 3.75% | 3.73% | 1.48% | 30.61% |
| 2016 | -6.47% | 0.96% | 6.57% | 1.72% | 3.08% | -1.16% | 4.33% | 2.20% | 1.43% | -2.40% | 7.20% | 1.82% | 20.15% |
| 2015 | -5.05% | 6.28% | -1.67% | 0.37% | -0.59% | -1.02% | -2.67% | -3.61% | -1.25% | 7.08% | -7.02% | -2.91% | -12.25% |
| 2014 | -2.81% | 3.41% | 2.47% | -0.67% | 2.66% | 3.71% | 0.64% | 0.51% | -3.12% | 1.13% | 1.65% | -0.41% | 9.27% |
| 2013 | 2.50% | -0.05% | 1.47% | -0.96% | 4.13% | -0.62% | 8.39% | -1.14% | 3.67% | 3.50% | 1.59% | 2.79% | 27.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CET is 97, placing it in the top 3% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Central Securities Corp. (CET) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Central Securities Corp. granted a 4.18% dividend yield in the last twelve months. The annual payout for that period amounted to $1.90 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.90 | $1.85 | $2.95 | $3.75 | $0.85 | $0.57 | $1.45 | $1.00 | $0.98 | $0.29 | $1.75 | $3.70 |
Dividend yield | 4.18% | 4.90% | 8.83% | 8.41% | 2.60% | 1.72% | 5.84% | 3.65% | 4.50% | 1.52% | 7.97% | 17.03% |
Monthly Dividends
The table displays the monthly dividend distributions for Central Securities Corp.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.25 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $1.65 | $0.00 | $1.85 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $2.75 | $0.00 | $2.95 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $3.55 | $0.00 | $3.75 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.00 | $0.85 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.57 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 | $0.00 | $1.45 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.00 | $1.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.00 | $0.98 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.29 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $1.55 | $0.00 | $1.75 |
| 2013 | $0.20 | $0.00 | $0.00 | $0.00 | $0.00 | $3.50 | $0.00 | $3.70 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Central Securities Corp.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Central Securities Corp. was 56.66%, occurring on Mar 9, 2009. Recovery took 453 trading sessions.
The current Central Securities Corp. drawdown is 0.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.66% | May 19, 2008 | 203 | Mar 9, 2009 | 453 | Dec 22, 2010 | 656 |
| -50.72% | Sep 5, 2000 | 525 | Oct 9, 2002 | 780 | Nov 11, 2005 | 1305 |
| -39.91% | Jan 17, 2020 | 42 | Mar 18, 2020 | 204 | Jan 7, 2021 | 246 |
| -38.96% | Nov 24, 1997 | 220 | Oct 8, 1998 | 275 | Nov 10, 1999 | 495 |
| -35.46% | Aug 24, 1987 | 75 | Dec 8, 1987 | 379 | Jun 8, 1989 | 454 |
Volatility
Volatility Chart
The current Central Securities Corp. volatility is 2.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Central Securities Corp. compared to its peers in the Asset Management industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for CET in comparison to other companies of the Asset Management industry. Currently, CET has a PE value of 4.4. This PE value is considered to be low compared to the rest of the industry.PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for CET in comparison to other companies of the Asset Management industry. Currently, CET has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Central Securities Corp..
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Income Statement
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