Cohen & Steers Infrastructure Fund
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
5.90-9.5810.674.51-13.623.48-20.625.17-11.6456.5818.26-13.62
Price/Sales ratio
18.276.507.914.48-14.053.46-21.335.13-11.8815.525.41-14.05
Price/Book Value ratio
0.880.850.880.930.890.861.040.990.970.921.040.89
Price/Cash Flow ratio
13.8129.8027.8216.1110.1413.8113.7756.9214.4412.6916.5610.14
Price/Free Cash Flow ratio
13.8129.8027.8216.1110.1413.8113.7756.9214.4412.6916.5410.14
Price/Earnings Growth ratio
-0.570.06-0.050.020.10-0.000.17-0.000.08-0.470.180.10
Dividend Yield
6.51%8.37%8.36%8.52%10.23%7.60%7.12%6.27%7.50%8.58%7.82%7.82%
Profitability Indicator Ratios
Gross Profit Margin
100%88.93%87.36%93.88%123.25%95.43%126.10%93.75%116.97%77.11%89.34%95.43%
Operating Profit Margin
72.95%-60.98%81.93%103.05%85.14%99.37%103.44%99.18%87.84%76.80%50.36%99.37%
Pretax Profit Margin
309.33%-67.83%74.17%99.27%103.16%99.37%103.44%99.18%102.06%27.43%29.68%99.37%
Net Profit Margin
309.33%-67.83%74.17%99.27%103.16%99.37%103.44%99.18%102.06%27.43%29.68%99.37%
Effective Tax Rate
76.41%-43.41%48.59%16.51%0.13%7.52%-33.32%10.01%-38.42%N/A-2.15%7.52%
Return on Assets
10.74%-6.16%5.59%14.75%-4.47%18.53%-3.66%14.22%-5.95%1.14%3.98%-4.47%
Return On Equity
14.90%-8.95%8.24%20.76%-6.55%24.71%-5.08%19.29%-8.40%1.64%5.68%-6.55%
Return on Capital Employed
3.51%-8.05%9.10%15.47%-3.72%18.58%-3.70%14.22%-5.13%3.20%6.76%-3.72%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Quick Ratio
0.040.030.070.42-1.921.691.12-25.26-12.402.47N/A-1.92
Cash ratio
0.020.020.060.230.050.060.010.250.160.11N/A0.06
Days of Sales Outstanding
57.9217.0623.5510.60-54.267.64-143.367.02-26.6245.6816.32-54.26
Days of Inventory outstanding
N/AN/AN/AN/A772.810.000.00615.30917.67N/AN/A0.00
Operating Cycle
N/A17.0623.5510.60718.557.64-143.36622.33891.0545.6816.327.64
Days of Payables Outstanding
N/A31.17N/A409.95271.65103.01493.0619.7060.5414.11N/A103.01
Cash Conversion Cycle
N/A-14.1123.55-399.34446.90-95.37-636.42602.62830.5131.5616.32-95.37
Debt Ratios
Debt Ratio
0.270.610.61N/AN/AN/AN/AN/AN/AN/A0.30N/A
Debt Equity Ratio
0.380.890.90N/AN/AN/AN/AN/AN/AN/A0.43N/A
Long-term Debt to Capitalization
N/A0.300.31N/AN/AN/AN/AN/AN/AN/A0.30N/A
Total Debt to Capitalization
0.270.470.47N/AN/AN/AN/AN/AN/AN/A0.30N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3.74N/A
Cash Flow to Debt Ratio
0.160.030.03N/AN/AN/AN/AN/AN/AN/A0.14N/A
Company Equity Multiplier
1.381.451.471.401.461.331.381.351.411.431.441.44
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
1.320.210.280.27-1.380.25-1.540.09-0.821.220.32-1.38
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
0.160.030.03N/AN/AN/AN/AN/AN/AN/A0.14N/A
Short Term Coverage Ratio
0.160.060.06N/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
38.49%-80.29%89.28%38.49%-139.41%26.51%-147.05%32.48%-87.41%485.53%243.77%-139.41%