Artisan Partners Asset Management Inc. (APAM)

NYSE: APAM · IEX Real-Time Price · USD
45.77
+0.21 (0.46%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

APAM has a market cap or net worth of $3.14 billion. The enterprise value is $3.28 billion.

Market Cap 3.14B
Enterprise Value 3.28B

Important Dates

The next estimated earnings date is Tuesday, April 30, 2024, after market close.

Earnings Date Apr 30, 2024
Ex-Dividend Date Feb 14, 2024

Share Statistics

APAM has 69.00 million shares outstanding. The number of shares has increased by 1.58% in one year.

Shares Outstanding 69.00M
Shares Change (YoY) +1.58%
Shares Change (QoQ) +0.05%
Owned by Insiders (%) 2.21%
Owned by Institutions (%) 88.69%
Float 61.11M

Valuation Ratios

The trailing PE ratio is 14.35 and the forward PE ratio is 13.75. APAM's PEG ratio is 1.38.

PE Ratio 14.35
Forward PE 13.75
PS Ratio 3.22
Forward PS 2.83
PB Ratio 9.70
P/FCF Ratio 12.86
PEG Ratio 1.38
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.51, with an EV/FCF ratio of 13.41.

EV / Earnings 14.75
EV / Sales 3.36
EV / EBITDA 10.51
EV / EBIT 10.83
EV / FCF 13.41

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.96
Debt / EBITDA 1.00
Debt / FCF 1.28
Interest Coverage 35.32

Financial Efficiency

Return on equity (ROE) is 76.80% and return on invested capital (ROIC) is 36.02%.

Return on Equity (ROE) 76.80%
Return on Assets (ROA) 16.00%
Return on Capital (ROIC) 36.02%
Revenue Per Employee $1.70M
Profits Per Employee $387,939
Employee Count 573
Asset Turnover 0.70
Inventory Turnover n/a

Taxes

In the past 12 months, APAM has paid $71.89 million in taxes.

Income Tax 71.89M
Effective Tax Rate 24.44%

Stock Price Statistics

The stock price has increased by +47.59% in the last 52 weeks. The beta is 1.86, so APAM's price volatility has been higher than the market average.

Beta (1Y) 1.86
52-Week Price Change +47.59%
50-Day Moving Average 42.92
200-Day Moving Average 39.63
Relative Strength Index (RSI) 62.03
Average Volume (30 Days) 502,659

Short Selling Information

The latest short interest is 3.06 million, so 4.43% of the outstanding shares have been sold short.

Short Interest 3.06M
Short Previous Month 3.08M
Short % of Shares Out 4.43%
Short % of Float 5.00%
Short Ratio (days to cover) 6.17

Income Statement

In the last 12 months, APAM had revenue of $975.13 million and earned $222.29 million in profits. Earnings per share was $3.19.

Revenue 975.13M
Gross Profit 975.13M
Operating Income 303.59M
Pretax Income 294.18M
Net Income 222.29M
EBITDA 311.85M
EBIT 302.75M
Earnings Per Share (EPS) $3.19
Full Income Statement

Balance Sheet

The company has $178.47 million in cash and $312.66 million in debt, giving a net cash position of -$134.19 million or -$1.94 per share.

Cash & Cash Equivalents 178.47M
Total Debt 312.66M
Net Cash -134.19M
Net Cash Per Share -$1.94
Equity / Book Value 324.15M
Book Value Per Share 4.70
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $253.03 million and capital expenditures -$8.63 million, giving a free cash flow of $244.40 million.

Operating Cash Flow 253.03M
Capital Expenditures -8.63M
Free Cash Flow 244.40M
FCF Per Share $3.85
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 31.13% and 22.80%.

Gross Margin 100.00%
Operating Margin 31.13%
Pretax Margin 30.17%
Profit Margin 22.80%
EBITDA Margin 31.98%
EBIT Margin 31.05%
FCF Margin 25.06%

Dividends & Yields

This stock pays an annual dividend of $1.76, which amounts to a dividend yield of 3.85%.

Dividend Per Share $1.76
Dividend Yield 3.85%
Dividend Growth (YoY) -7.44%
Years of Dividend Growth n/a
Payout Ratio 55.17%
Buyback Yield -1.58%
Shareholder Yield 2.26%
Earnings Yield 7.07%
FCF Yield 7.77%
Dividend Details

Analyst Forecast

The average price target for APAM is $41.00, which is -10.42% lower than the current price. The consensus rating is "Hold".

Price Target $41.00
Price Target Difference -10.42%
Analyst Consensus Hold
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 4