Affiliated Managers Group, Inc. (MGRB) stock analysis

P/E above its 5-year median

Affiliated Managers's P/E of 13.5 is above its own 5-year median of 11.0.

P/E below the industry

Affiliated Managers's P/E of 13.5 is below the Services Allied with the Exchange of Securities median of 20.3.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B below the industry

Affiliated Managers's price-to-book of 3.25 is below the Services Allied with the Exchange of Securities median of 3.26.

Trading below fair value

The share price of $381.57 is below our fair value estimate of $411.86.

Margin of safety under 20%

The price is 7.4% below fair value, less than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew -3.8% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -3.6% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 93.6% over the last twelve months, against a 5-year average of 28.8% a year.

Growing faster than the industry

Revenue grew 11.8% over the last twelve months; the Services Allied with the Exchange of Securities median is 8.7%.

Company guidance

No outlook found in earnings releases from the last twelve months.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 27.3% over the last twelve months and averaged 22.9% over five years.

Return on invested capital

Needs operating income and invested capital.

Return on equity above the industry

Affiliated Managers's return on equity of 27.3% is above the Services Allied with the Exchange of Securities median of 15.7%.

Earnings grew over 5 years

Net income grew 28.8% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 37.7% over the last twelve months, against a 5-year average of 33.0%.

Net margin above the industry

Affiliated Managers's net margin of 37.7% is above the Services Allied with the Exchange of Securities median of 15.7%.

No debt

Affiliated Managers has no borrowings on its latest balance sheet.

Debt not rising

With no debt today, leverage cannot have risen.

Debt covered by cash flow

There is no debt to cover.

Interest well covered

No meaningful interest expense to cover.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.56; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Affiliated Managers paid dividends worth 0.0% of the share price over the last twelve months.

Yield below Treasuries

The 0.0% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 4.0% or more; Affiliated Managers yields 0.0%.

Dividend was cut

The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.