ALLIANCEBERNSTEIN HOLDING LP (AB)
US01881G1067
AB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. AB has an average financial health and profitability rating. AB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AB had positive earnings in the past year.
AB had a positive operating cash flow in the past year.
In the past 5 years AB has always been profitable.
Each year in the past 5 years AB had a positive operating cash flow.
1.2 Ratios
AB's Return On Assets of 18.92% is amongst the best of the industry. AB outperforms 97.70% of its industry peers.
Looking at the Return On Equity, with a value of 18.93%, AB belongs to the top of the industry, outperforming 84.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.92% | ||
| ROE | 18.93% | ||
| ROIC | N/A |
ROA(3y)16.56%
ROA(5y)16.49%
ROE(3y)16.58%
ROE(5y)16.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 91.53%, AB belongs to the best of the industry, outperforming 97.23% of the companies in the same industry.
AB's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 100.00%, AB belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AB's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 100% | ||
| PM (TTM) | 91.53% | ||
| GM | N/A |
OM growth 3Y0%
OM growth 5Y0%
PM growth 3Y-0.92%
PM growth 5Y-0.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, AB has more shares outstanding
AB has more shares outstanding than it did 5 years ago.
AB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
There is no outstanding debt for AB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.74% over the past year.
The Earnings Per Share has been growing slightly by 0.07% on average over the past years.
The Revenue has grown by 53.21% in the past year. This is a very strong growth!
Measured over the past years, AB shows a small growth in Revenue. The Revenue has been growing by 2.07% on average per year.
EPS 1Y (TTM)13.74%
EPS 3Y-2.59%
EPS 5Y0.07%
EPS Q2Q%18.46%
Revenue 1Y (TTM)53.21%
Revenue growth 3Y-0.94%
Revenue growth 5Y2.07%
Sales Q2Q%-0.08%
3.2 Future
Based on estimates for the next years, AB will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.13% on average per year.
AB is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.25% yearly.
EPS Next Y17.3%
EPS Next 2Y17.14%
EPS Next 3Y15.37%
EPS Next 5Y8.13%
Revenue Next Year3.87%
Revenue Next 2Y5.71%
Revenue Next 3Y6.06%
Revenue Next 5Y3.25%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.50, AB is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of AB indicates a somewhat cheap valuation: AB is cheaper than 61.29% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of AB to the average of the S&P500 Index (27.73), we can say AB is valued rather cheaply.
A Price/Forward Earnings ratio of 10.09 indicates a reasonable valuation of AB.
66.36% of the companies in the same industry are more expensive than AB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.83, AB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 10.09 |
4.2 Price Multiples
AB's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. AB is cheaper than 63.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.97 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
AB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AB has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as AB's earnings are expected to grow with 15.37% in the coming years.
PEG (NY)0.72
PEG (5Y)167.79
EPS Next 2Y17.14%
EPS Next 3Y15.37%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.39%, AB is a good candidate for dividend investing.
AB's Dividend Yield is a higher than the industry average which is at 9.45.
AB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.39% |
5.2 History
The dividend of AB decreases each year by -2.24%.
AB has been paying a dividend for at least 10 years, so it has a reliable track record.
AB has decreased its dividend recently.
Dividend Growth(5Y)-2.24%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
82.18% of the earnings are spent on dividend by AB. This is not a sustainable payout ratio.
DP82.18%
EPS Next 2Y17.14%
EPS Next 3Y15.37%
ALLIANCEBERNSTEIN HOLDING LP
NYSE:AB (12/20/2024, 8:04:00 PM)
After market: 37.26 0 (0%)37.26
+1.74 (+4.9%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners20.16%
Inst Owner Change3.09%
Ins Owners1.33%
Ins Owner Change-254.98%
Market Cap4.23B
Analysts81.33
Price Target43.69 (17.26%)
Short Float %0.9%
Short Ratio2.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.39% |
Dividend Growth(5Y)-2.24%
DP82.18%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.52%
Min EPS beat(2)3.45%
Max EPS beat(2)3.59%
EPS beat(4)3
Avg EPS beat(4)6.15%
Min EPS beat(4)-0.74%
Max EPS beat(4)18.29%
EPS beat(8)6
Avg EPS beat(8)4.91%
EPS beat(12)9
Avg EPS beat(12)5.97%
EPS beat(16)13
Avg EPS beat(16)6.29%
Revenue beat(2)0
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.37%
Max Revenue beat(2)-0.35%
Revenue beat(4)0
Avg Revenue beat(4)-2.27%
Min Revenue beat(4)-4.91%
Max Revenue beat(4)-0.35%
Revenue beat(8)0
Avg Revenue beat(8)-24.86%
Revenue beat(12)0
Avg Revenue beat(12)-46.56%
Revenue beat(16)0
Avg Revenue beat(16)-57.09%
PT rev (1m)3.11%
PT rev (3m)3.34%
EPS NQ rev (1m)-0.57%
EPS NQ rev (3m)5.47%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)1.32%
Revenue NQ rev (1m)-0.18%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)5.74%
Revenue NY rev (3m)0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.5 | ||
| Fwd PE | 10.09 | ||
| P/S | 9.74 | ||
| P/FCF | 12.97 | ||
| P/OCF | 12.97 | ||
| P/B | 2.01 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.98
EY8%
EPS(NY)3.69
Fwd EY9.91%
FCF(TTM)2.87
FCFY7.71%
OCF(TTM)2.87
OCFY7.71%
SpS3.82
BVpS18.5
TBVpS18.5
PEG (NY)0.72
PEG (5Y)167.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.92% | ||
| ROE | 18.93% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 100% | ||
| PM (TTM) | 91.53% | ||
| GM | N/A | ||
| FCFM | 75.09% |
ROA(3y)16.56%
ROA(5y)16.49%
ROE(3y)16.58%
ROE(5y)16.51%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y0%
OM growth 5Y0%
PM growth 3Y-0.92%
PM growth 5Y-0.33%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 82.04% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)111.85%
Profit Quality(5y)105.11%
High Growth Momentum
Growth
EPS 1Y (TTM)13.74%
EPS 3Y-2.59%
EPS 5Y0.07%
EPS Q2Q%18.46%
EPS Next Y17.3%
EPS Next 2Y17.14%
EPS Next 3Y15.37%
EPS Next 5Y8.13%
Revenue 1Y (TTM)53.21%
Revenue growth 3Y-0.94%
Revenue growth 5Y2.07%
Sales Q2Q%-0.08%
Revenue Next Year3.87%
Revenue Next 2Y5.71%
Revenue Next 3Y6.06%
Revenue Next 5Y3.25%
EBIT growth 1Y53.21%
EBIT growth 3Y-0.94%
EBIT growth 5Y2.07%
EBIT Next Year16.68%
EBIT Next 3Y12.7%
EBIT Next 5Y6%
FCF growth 1Y-13.31%
FCF growth 3Y2.88%
FCF growth 5Y1.03%
OCF growth 1Y-13.31%
OCF growth 3Y2.88%
OCF growth 5Y1.03%