CET - NYSE

Central Securities Corp.

Central Securities Corp.

CETยทNYSE

$52.13

+0.71%
Financial ServicesAsset Management

Central Securities Corp. is a publicly owned investment manager. The firm invests in the public equity markets of the United States. It also invests on bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations. Central Securities Corp. was founded on October 1, 1929 and is based in New York, New York.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$1.51B
EPS10.1400
P/E Ratio5.14
Earnings Date02/10/2026
Central Securities Corp.

Central Securities Corp. Fair Value Envelope

CET ยท NYSE

Our analysis suggests that CET has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $52.13, this represents a potential HIDDEN relative to our calculated worth for Central Securities Corp..

HIDDEN
Intrinsic Value
Current Price: $52.13

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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$
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$
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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$592.3M
+ Cash & Equivalents$268.0K
Firm Value$592.6M
- Debt$2.9M
Equity Value$589.6M
/ Shares Outstanding28,913,659B
DCF Value$20
OVERVALUED BY 61%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$37.7M
$38.1M
$38.6M
$39.0M
$39.4M
$39.9M
$40.3M
$40.8M
$41.2M
$41.7M
Maintenance CapEx
-$5.8K
-$5.8K
-$5.9K
-$6.0K
-$6.0K
-$6.1K
-$6.2K
-$6.2K
-$6.3K
-$6.4K
Owner Earnings
$37.7M
$38.1M
$38.6M
$39.0M
$39.4M
$39.9M
$40.3M
$40.7M
$41.2M
$41.7M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$34.9M
$32.7M
$30.6M
$28.7M
$26.8M
$25.1M
$23.5M
$22.0M
$20.6M
$19.3M
Terminal Value represents 55.4% of Enterprise Value

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3

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