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CETCentral Securities Corp.
$52.62$1.5B
Overview & Verdict
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CET logoCentral Securities Corp.(CET)Earnings, Financials & Key Ratios

CET•NYSE
$52.62
5.8× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryClosed-end funds and investment trusts
AboutCentral 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.Show more
  • EBITDA$265M-7.9%
  • Net Income$265M-7.9%
  • EPS (Diluted)9.15-9.8%
  • Gross Margin93.44%-6.6%
  • EBITDA Margin305.23%+213.8%
  • Operating Margin305.02%+213.7%
  • Net Margin305.02%+213.7%
  • ROE15.8%-20.7%

CET Price & Volume

Central Securities Corp. (CET) stock price & volume — 10-year historical chart

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Erratic Realizations Mask Underlying Liquidity Structural Risks

Investment Thesis • Updated 2025Q4

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Private asset valuation opacity

Key Thesis Takeaways

  • Central Securities Corp.
  • maintains a lean internal management structure that has successfully grown total assets to $1.8B, yet the firm's reliance on volatile capital gains creates significant earnings instability.
  • Investors should monitor the persistent disconnect between reported net income and operating cash flow, which suggests that accounting profits may not reflect actual liquidity.
  • The fund's heavy concentration in private holdings, such as The Plymouth Rock Company, warrants further investigation due to the potential for valuation opacity and limited cash buffers.

Verdict Logic

while the firm trades at a P/E of 5.65, the structural reliance on asset liquidations to fund a 3.1% dividend yield creates significant long-term sustainability concerns.

CET Growth Metrics

Central Securities Corp. (CET) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years1.71%
3 Years-
TTM-

Profit CAGR

10 Years-
5 Years29.18%
3 Years-
TTM74.37%

EPS CAGR

10 Years-
5 Years26.63%
3 Years-
TTM70.09%

Return on Capital

10 Years14.27%
5 Years14.16%
3 Years17.95%
Last Year15.77%

CET Recent Earnings

Central Securities Corp. (CET) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
Q1 2026Latest
Feb 10, 2026
Metric
Actual
Est
EPS
$5.54
—
Rev
$38M
—
Q3 2025
Aug 18, 2025
Metric
Actual
Est
EPS
$3.61
—
Rev
$49M
—
Q2 2025
May 7, 2025
Metric
Actual
Est
EPS
$3.79
—
Rev
$31M
—
Q3 2024
Aug 14, 2024
Metric
Actual
Est
EPS
$6.28
—
Rev
$42M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026LatestFeb 10, 2026
$5.54
$38M
Q3 2025Aug 18, 2025
$3.61
$49M
Q2 2025May 7, 2025
$3.79
$31M
Q3 2024Aug 14, 2024
$6.28
$42M
Based on last 12 quarters of dataView full earnings history →

Latest CET News

Recent stock market news and headlines for Central Securities Corp. (CET)

GlobeNewsWire·6 days ago
Annual General Meeting of Materialise NV held at the registered office of the Company on Tuesday 16 June 2026 at 10:00 (CET): Resolutions

LEUVEN, Belgium, July 01, 2026 (GLOBE NEWSWIRE) -- MATERIALISE NV Technologielaan 153001 LeuvenCompany number: 0441.131.254RPR Leuven

PRNewsWire·Jun 24, 2026
Invitation to Autoliv's Q2, 2026 Earnings Call

STOCKHOLM, June 24, 2026 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the second quarter 2026 on Friday, July 17, 2026 at 12:00 Central European Time (CET). The report will be available at www.autoliv.com In addition, a teleconference will take place the same day.

GlobeNewsWire·Jun 19, 2026
Invitation to attend the extraordinary shareholders' meeting of the Company to be held on July 9, 2026

REGULATED INFORMATION June 19, 2026, 10:30pm CET / 4:30pm ET NYXOAH SA (Euronext Brussels/Nasdaq: NYXH) Rue Edouard Belin 12, 1435 Mont-Saint-Guibert, Belgium(hereinafter the “Company”) Invitation to attend the extraordinary shareholders' meeting of the Company to be held on July 9, 2026 The board of directors of the Company is pleased to invite its securities holders to attend the extraordinary shareholders' meeting of the Company, to be held on Thursday, July 9, 2026 at 2:00 p.m. CET at the Company's seat, or at such other place as will be indicated prior to such time.

Peers Comparison

Key metrics vs top competitors for Central Securities Corp. (CET)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CET logoCETCentral Securities Corp.Current
$52.62$1.53B5.75-70.64%305.02%15.8%3.04%
GAM logoGAMGeneral American Investors Company, Inc.
$64.64$1.5B5.98180.65%729.98%12.53%—
SOR logoSORSource Capital, Inc.
$46.22$380.39M9.6731.26%136.98%21.13%—
TY logoTYTri-Continental Corporation
$34.90$1.86B5.6226.68%169.7%27.44%—
ASA logoASAASA Gold and Precious Metals Limited
$52.17$980.17M1.48119.59%580.26%112.88%—
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.75$192.85M3.8936.55%-19.55%-3.39%—

Compare CET vs Peers

Central Securities Corp. (CET) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GAM

Most directly comparable listed peer for CET.

Scale Benchmark

vs BEN

Larger-name benchmark to compare CET against a more recognizable public peer.

Peer Set

Compare Top 5

vs GAM, SOR, TY, ASA

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CET Frequently Asked Questions

Central Securities Corp. (CET) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Central Securities Corp.'s revenue?

Central Securities Corp. (CET) reported $160.7M in revenue for fiscal year 2025.

How fast is Central Securities Corp. growing?

Central Securities Corp. (CET) saw revenue decline by 70.6% over the past year.

Is CET profitable?

Yes, Central Securities Corp. (CET) is profitable, generating $553.2M in net income for fiscal year 2025 (305.0% net margin).

Dividend & Returns
Does CET pay dividends?

Yes, Central Securities Corp. (CET) pays a dividend with a yield of 3.04%. This makes it attractive for income-focused investors.

What is CET's return on equity?

Central Securities Corp. (CET) has a return on equity (ROE) of 15.8%. This is reasonable for most industries.

What is Central Securities Corp.'s free cash flow?

Central Securities Corp. (CET) generated $40.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CET back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →