Affiliated Managers Group, Inc. (AMG)

NYSE: AMG · IEX Real-Time Price · USD
167.47
+1.11 (0.67%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

AMG has a market cap or net worth of $5.46 billion. The enterprise value is $7.18 billion.

Market Cap 5.46B
Enterprise Value 7.18B

Important Dates

The next estimated earnings date is Monday, April 29, 2024, before market open.

Earnings Date Apr 29, 2024
Ex-Dividend Date Feb 14, 2024

Share Statistics

AMG has 32.79 million shares outstanding. The number of shares has decreased by -13.88% in one year.

Shares Outstanding 32.79M
Shares Change (YoY) -13.88%
Shares Change (QoQ) -7.60%
Owned by Insiders (%) 1.94%
Owned by Institutions (%) 98.33%
Float 32.10M

Valuation Ratios

The trailing PE ratio is 9.61 and the forward PE ratio is 7.69. AMG's PEG ratio is 0.73.

PE Ratio 9.61
Forward PE 7.69
PS Ratio 2.65
Forward PS 2.55
PB Ratio 1.52
P/FCF Ratio 6.33
PEG Ratio 0.73
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.22, with an EV/FCF ratio of 8.33.

EV / Earnings 10.67
EV / Sales 3.49
EV / EBITDA 7.22
EV / EBIT 7.31
EV / FCF 8.33

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.71
Debt / EBITDA 2.55
Debt / FCF 2.94
Interest Coverage 7.93

Financial Efficiency

Return on equity (ROE) is 19.60% and return on invested capital (ROIC) is 8.77%.

Return on Equity (ROE) 19.60%
Return on Assets (ROA) 7.50%
Return on Capital (ROIC) 8.77%
Revenue Per Employee $514,450
Profits Per Employee $168,225
Employee Count 4,000
Asset Turnover 0.23
Inventory Turnover n/a

Taxes

In the past 12 months, AMG has paid $185.30 million in taxes.

Income Tax 185.30M
Effective Tax Rate 21.59%

Stock Price Statistics

The stock price has increased by +21.18% in the last 52 weeks. The beta is 1.31, so AMG's price volatility has been higher than the market average.

Beta (1Y) 1.31
52-Week Price Change +21.18%
50-Day Moving Average 156.60
200-Day Moving Average 143.26
Relative Strength Index (RSI) 76.59
Average Volume (30 Days) 222,234

Short Selling Information

The latest short interest is 560,708, so 1.71% of the outstanding shares have been sold short.

Short Interest 560,708
Short Previous Month 585,483
Short % of Shares Out 1.71%
Short % of Float 1.75%
Short Ratio (days to cover) 3.01

Income Statement

In the last 12 months, AMG had revenue of $2.06 billion and earned $672.90 million in profits. Earnings per share was $17.42.

Revenue 2.06B
Gross Profit 2.06B
Operating Income 685.00M
Pretax Income 858.20M
Net Income 672.90M
EBITDA 995.00M
EBIT 982.00M
Earnings Per Share (EPS) $17.42
Full Income Statement

Balance Sheet

The company has $813.60 million in cash and $2.54 billion in debt, giving a net cash position of -$1.72 billion or -$52.57 per share.

Cash & Cash Equivalents 813.60M
Total Debt 2.54B
Net Cash -1.72B
Net Cash Per Share -$52.57
Equity / Book Value 3.59B
Book Value Per Share 109.41
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $874.30 million and capital expenditures -$12.40 million, giving a free cash flow of $861.90 million.

Operating Cash Flow 874.30M
Capital Expenditures -12.40M
Free Cash Flow 861.90M
FCF Per Share $24.56
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 33.29% and 32.70%.

Gross Margin 100.00%
Operating Margin 33.29%
Pretax Margin 41.70%
Profit Margin 32.70%
EBITDA Margin 48.35%
EBIT Margin 47.72%
FCF Margin 41.88%

Dividends & Yields

This stock pays an annual dividend of $0.04, which amounts to a dividend yield of 0.02%.

Dividend Per Share $0.04
Dividend Yield 0.02%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 0.23%
Buyback Yield 13.88%
Shareholder Yield 13.90%
Earnings Yield 12.33%
FCF Yield 15.80%
Dividend Details

Analyst Forecast

The average price target for AMG is $173.00, which is 3.30% higher than the current price. The consensus rating is "Buy".

Price Target $173.00
Price Target Difference 3.30%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) -2.16%
EPS Growth Forecast (5Y) 6.87%
Stock Forecasts

Stock Splits

The last stock split was on March 30, 2004. It was a forward split with a ratio of 3:2.

Last Split Date Mar 30, 2004
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 5