AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
TSX:AGF-B - Toronto Stock Exchange - CA0010921058 - Common Stock - Currency: CAD
Taking everything into account, AGF-B scores 7 out of 10 in our fundamental rating. AGF-B was compared to 83 industry peers in the Capital Markets industry. AGF-B gets an excellent profitability rating and is at the same time showing great financial health properties. AGF-B is valued quite cheap, while showing a decent growth score. This is a good combination! AGF-B also has an excellent dividend rating. These ratings would make AGF-B suitable for value and dividend and quality investing!
1. Profitability
1.1 Basic Checks
In the past year AGF-B was profitable.
AGF-B had a positive operating cash flow in the past year.
AGF-B had positive earnings in each of the past 5 years.
Each year in the past 5 years AGF-B had a positive operating cash flow.
1.2 Ratios
The Return On Assets of AGF-B (5.98%) is better than 80.95% of its industry peers.
AGF-B has a better Return On Equity (8.65%) than 76.19% of its industry peers.
AGF-B has a better Return On Invested Capital (4.73%) than 79.76% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AGF-B is below the industry average of 8.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 8.65% | ||
| ROIC | 4.73% |
ROA(3y)5.67%
ROA(5y)6.56%
ROE(3y)7.72%
ROE(5y)8.82%
ROIC(3y)4.73%
ROIC(5y)3.69%
1.3 Margins
The Profit Margin of AGF-B (19.67%) is better than 72.62% of its industry peers.
In the last couple of years the Profit Margin of AGF-B has grown nicely.
AGF-B has a Operating Margin (18.82%) which is in line with its industry peers.
In the last couple of years the Operating Margin of AGF-B has grown nicely.
AGF-B's Gross Margin of 71.53% is fine compared to the rest of the industry. AGF-B outperforms 78.57% of its industry peers.
AGF-B's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.82% | ||
| PM (TTM) | 19.67% | ||
| GM | 71.53% |
OM growth 3Y35.46%
OM growth 5Y16.16%
PM growth 3Y30.15%
PM growth 5Y10.06%
GM growth 3Y9.65%
GM growth 5Y4.26%
2. Health
2.1 Basic Checks
AGF-B has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, AGF-B has less shares outstanding
AGF-B has a better debt/assets ratio than last year.
2.2 Solvency
AGF-B has an Altman-Z score of 1.90. This is not the best score and indicates that AGF-B is in the grey zone with still only limited risk for bankruptcy at the moment.
AGF-B has a better Altman-Z score (1.90) than 65.48% of its industry peers.
AGF-B has a debt to FCF ratio of 0.85. This is a very positive value and a sign of high solvency as it would only need 0.85 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.85, AGF-B belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
A Debt/Equity ratio of 0.08 indicates that AGF-B is not too dependend on debt financing.
AGF-B has a better Debt to Equity ratio (0.08) than 73.81% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.85 | ||
| Altman-Z | 1.9 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AGF-B has a Current Ratio of 1.04. This is a normal value and indicates that AGF-B is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AGF-B (1.04) is better than 60.71% of its industry peers.
AGF-B has a Quick Ratio of 1.04. This is a normal value and indicates that AGF-B is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of AGF-B (1.04) is better than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 29.23% over the past year.
Measured over the past years, AGF-B shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.14% on average per year.
The Revenue has grown by 12.35% in the past year. This is quite good.
Measured over the past years, AGF-B shows a small growth in Revenue. The Revenue has been growing by 4.75% on average per year.
EPS 1Y (TTM)29.23%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%80%
Revenue 1Y (TTM)12.35%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%28.04%
3.2 Future
AGF-B is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.61% yearly.
AGF-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.23% yearly.
EPS Next Y6.27%
EPS Next 2Y5.52%
EPS Next 3Y9.61%
EPS Next 5YN/A
Revenue Next Year5.65%
Revenue Next 2Y5.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.27, the valuation of AGF-B can be described as very cheap.
64.29% of the companies in the same industry are more expensive than AGF-B, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AGF-B to the average of the S&P500 Index (29.35), we can say AGF-B is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.90, the valuation of AGF-B can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AGF-B indicates a somewhat cheap valuation: AGF-B is cheaper than 72.62% of the companies listed in the same industry.
AGF-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.9 |
4.2 Price Multiples
AGF-B's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AGF-B is cheaper than 90.48% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AGF-B is valued cheaper than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.13 | ||
| EV/EBITDA | 6.73 |
4.3 Compensation for Growth
AGF-B's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AGF-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)0.33
EPS Next 2Y5.52%
EPS Next 3Y9.61%
5. Dividend
5.1 Amount
AGF-B has a Yearly Dividend Yield of 4.34%, which is a nice return.
AGF-B's Dividend Yield is rather good when compared to the industry average which is at 5.84. AGF-B pays more dividend than 82.14% of the companies in the same industry.
AGF-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
5.2 History
On average, the dividend of AGF-B grows each year by 7.13%, which is quite nice.
AGF-B has been paying a dividend for at least 10 years, so it has a reliable track record.
As AGF-B did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.13%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
AGF-B pays out 29.66% of its income as dividend. This is a sustainable payout ratio.
The dividend of AGF-B is growing, but earnings are growing more, so the dividend growth is sustainable.
DP29.66%
EPS Next 2Y5.52%
EPS Next 3Y9.61%
TSX:AGF-B (3/7/2025, 7:00:00 PM)
10.54
-0.05 (-0.47%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners13.05%
Inst Owner ChangeN/A
Ins Owners2.19%
Ins Owner ChangeN/A
Market Cap688.79M
Analysts81.43
Price Target13.77 (30.65%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.34% |
Yearly Dividend0.45
Dividend Growth(5Y)7.13%
DP29.66%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.39%
Min EPS beat(2)-0.77%
Max EPS beat(2)11.55%
EPS beat(4)2
Avg EPS beat(4)17.12%
Min EPS beat(4)-2.03%
Max EPS beat(4)59.72%
EPS beat(8)4
Avg EPS beat(8)9.22%
EPS beat(12)8
Avg EPS beat(12)11.75%
EPS beat(16)10
Avg EPS beat(16)4.34%
Revenue beat(2)2
Avg Revenue beat(2)1.7%
Min Revenue beat(2)0.45%
Max Revenue beat(2)2.95%
Revenue beat(4)2
Avg Revenue beat(4)-4.33%
Min Revenue beat(4)-10.87%
Max Revenue beat(4)2.95%
Revenue beat(8)3
Avg Revenue beat(8)-3.38%
Revenue beat(12)3
Avg Revenue beat(12)-4.33%
Revenue beat(16)3
Avg Revenue beat(16)-4.46%
PT rev (1m)0%
PT rev (3m)8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.26%
EPS NY rev (1m)3.09%
EPS NY rev (3m)13.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.94%
Revenue NY rev (1m)0.48%
Revenue NY rev (3m)4.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.9 | ||
| P/S | 1.39 | ||
| P/FCF | 6.13 | ||
| P/OCF | 6.01 | ||
| P/B | 0.61 | ||
| P/tB | 8.49 | ||
| EV/EBITDA | 6.73 |
EPS(TTM)1.68
EY15.94%
EPS(NY)1.79
Fwd EY16.94%
FCF(TTM)1.72
FCFY16.32%
OCF(TTM)1.75
OCFY16.64%
SpS7.59
BVpS17.27
TBVpS1.24
PEG (NY)1
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.98% | ||
| ROE | 8.65% | ||
| ROCE | 6.17% | ||
| ROIC | 4.73% | ||
| ROICexc | 4.97% | ||
| ROICexgc | 18.24% | ||
| OM | 18.82% | ||
| PM (TTM) | 19.67% | ||
| GM | 71.53% | ||
| FCFM | 22.65% |
ROA(3y)5.67%
ROA(5y)6.56%
ROE(3y)7.72%
ROE(5y)8.82%
ROIC(3y)4.73%
ROIC(5y)3.69%
ROICexc(3y)4.94%
ROICexc(5y)3.89%
ROICexgc(3y)19.06%
ROICexgc(5y)16.48%
ROCE(3y)6.18%
ROCE(5y)4.81%
ROICexcg growth 3Y16.59%
ROICexcg growth 5Y13.64%
ROICexc growth 3Y31.27%
ROICexc growth 5Y17.72%
OM growth 3Y35.46%
OM growth 5Y16.16%
PM growth 3Y30.15%
PM growth 5Y10.06%
GM growth 3Y9.65%
GM growth 5Y4.26%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.85 | ||
| Debt/EBITDA | 0.87 | ||
| Cap/Depr | 23.43% | ||
| Cap/Sales | 0.44% | ||
| Interest Coverage | 21.2 | ||
| Cash Conversion | 111.5% | ||
| Profit Quality | 115.18% | ||
| Current Ratio | 1.04 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.9 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)67.14%
Cap/Depr(5y)73.64%
Cap/Sales(3y)1.64%
Cap/Sales(5y)1.76%
Profit Quality(3y)94.38%
Profit Quality(5y)84.46%
High Growth Momentum
Growth
EPS 1Y (TTM)29.23%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%80%
EPS Next Y6.27%
EPS Next 2Y5.52%
EPS Next 3Y9.61%
EPS Next 5YN/A
Revenue 1Y (TTM)12.35%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%28.04%
Revenue Next Year5.65%
Revenue Next 2Y5.23%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y1.32%
EBIT growth 3Y40.94%
EBIT growth 5Y21.68%
EBIT Next Year32.89%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y34.11%
FCF growth 3Y48.19%
FCF growth 5Y11.23%
OCF growth 1Y31.35%
OCF growth 3Y33.83%
OCF growth 5Y11.16%