Financials Affiliated Managers Group, Inc.

Equities

AMG

US0082521081

Investment Management & Fund Operators

Market Closed - Nyse 04:00:01 2024-04-26 pm EDT 5-day change 1st Jan Change
160.2 USD +0.39% Intraday chart for Affiliated Managers Group, Inc. +1.07% +5.80%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,175 4,613 6,688 5,968 5,119 5,200 - -
Enterprise Value (EV) 1 5,430 4,613 6,688 5,968 5,119 5,200 5,200 5,200
P/E ratio 273 x 23.5 x 12.6 x 6.25 x 8.69 x 11.2 x 9.65 x 11.8 x
Yield 1.51% 0.34% 0.02% 0.03% 0.03% 0.03% 0.03% 0.02%
Capitalization / Revenue 1.86 x 2.28 x 2.77 x 2.56 x 2.49 x 2.42 x 2.39 x 2.54 x
EV / Revenue 1.86 x 2.28 x 2.77 x 2.56 x 2.49 x 2.42 x 2.39 x 2.54 x
EV / EBITDA 4.96 x 5.78 x 6.32 x 5.63 x 5.47 x 5.7 x 5.64 x 6.99 x
EV / FCF 4,540,864 x 4,609,532 x 5,346,616 x - 5,939,556 x - - -
FCF Yield 0% 0% 0% - 0% - - -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 49,272 45,361 40,651 37,669 33,809 32,456 - -
Reference price 2 84.74 101.7 164.5 158.4 151.4 160.2 160.2 160.2
Announcement Date 2/3/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,240 2,028 2,412 2,330 2,058 2,145 2,175 2,048
EBITDA 1 841.6 798.8 1,059 1,060 935.7 912.5 921.8 744.1
EBIT 1 697 610 892.4 770.5 685 674.5 695.6 651.9
Operating Margin 31.12% 30.09% 36.99% 33.07% 33.29% 31.44% 31.98% 31.83%
Earnings before Tax (EBT) 1 308 508.4 1,141 1,746 1,091 958.2 1,007 1,076
Net income 1 15.7 202.2 565.7 1,146 672.9 532.9 587.4 392
Net margin 0.7% 9.97% 23.45% 49.19% 32.7% 24.84% 27.01% 19.14%
EPS 2 0.3100 4.330 13.05 25.35 17.42 14.35 16.61 13.59
Free Cash Flow 919.5 1,001 1,251 - 861.9 - - -
FCF margin 41.06% 49.36% 51.85% - 41.88% - - -
FCF Conversion (EBITDA) 109.26% 125.29% 118.16% - 92.11% - - -
FCF Conversion (Net income) 5,856.69% 494.96% 221.11% - 128.09% - - -
Dividend per Share 2 1.280 0.3500 0.0400 0.0400 0.0400 0.0404 0.0408 0.0400
Announcement Date 2/3/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 575.2 691.8 607.3 604.1 578.6 539.6 517.4 512.5 525.2 502.7 527.8 535.9 539.7 550.7 560.9
EBITDA 1 227.7 356.8 255.3 213.4 220.4 371.3 216.8 214.3 208.4 296.2 245.2 223.5 221.7 311.8 230.1
EBIT 1 208.4 252.7 241.3 230.8 181.5 116.9 167.4 168.8 198.9 150 163.1 164.7 170.5 175.8 190
Operating Margin 36.23% 36.53% 39.73% 38.21% 31.37% 21.66% 32.35% 32.94% 37.87% 29.84% 30.9% 30.74% 31.59% 31.93% 33.88%
Earnings before Tax (EBT) 1 253.3 368 274.4 212 201.1 1,059 233.5 220.2 363.7 274.1 217.4 199.3 201 312.5 233.3
Net income 1 128.4 178.5 146 109.4 112.6 777.8 134.5 125.3 217 196.2 136.7 122.7 122.1 193.2 127.6
Net margin 22.32% 25.8% 24.04% 18.11% 19.46% 144.14% 26% 24.45% 41.32% 39.03% 25.91% 22.9% 22.63% 35.09% 22.76%
EPS 2 3.000 4.170 3.440 2.680 2.800 17.40 3.470 3.250 5.480 5.150 3.385 3.040 3.055 5.020 3.080
Dividend per Share 2 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100 - 0.0100 0.0100 0.0100 0.0100 0.0100 0.0100
Announcement Date 11/1/21 2/7/22 5/2/22 8/1/22 11/7/22 2/6/23 5/1/23 7/26/23 11/6/23 2/5/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1,254 - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.49 x - - - - - - -
Free Cash Flow 920 1,001 1,251 - 862 - - -
ROE (net income / shareholders' equity) 0.49% 5.93% 20.3% 38.1% 19.7% 15.1% 16.6% 10.7%
ROA (Net income/ Total Assets) 0.2% 2.6% 6.75% 12.9% 7.5% 5.5% 6.8% 4.5%
Assets 1 7,937 7,771 8,383 8,879 8,970 9,689 8,639 8,711
Book Value Per Share - - - - - - - -
Cash Flow per Share 18.40 21.60 28.10 21.50 20.70 - - -
Capex 1 9.6 8.5 8.4 11.4 12.4 18 18 17
Capex / Sales 0.43% 0.42% 0.35% 0.49% 0.6% 0.84% 0.83% 0.83%
Announcement Date 2/3/20 2/8/21 2/7/22 2/6/23 2/5/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
160.2 USD
Average target price
190.7 USD
Spread / Average Target
+19.05%
Consensus
  1. Stock Market
  2. Equities
  3. AMG Stock
  4. Financials Affiliated Managers Group, Inc.