AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
Canada - TSX:AGF-B - CA0010921058 - Common Stock
14.12 CAD
+0.07 (+0.5%)
AGF-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 80 industry peers in the Capital Markets industry. While AGF-B has a great profitability rating, there are some minor concerns on its financial health. AGF-B is valued quite cheap, while showing a decent growth score. This is a good combination! Finally AGF-B also has an excellent dividend rating. This makes AGF-B very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year AGF-B was profitable.
In the past year AGF-B had a positive cash flow from operations.
Each year in the past 5 years AGF-B has been profitable.
AGF-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AGF-B's Return On Assets of 6.10% is fine compared to the rest of the industry. AGF-B outperforms 73.75% of its industry peers.
AGF-B has a Return On Equity of 8.93%. This is in the better half of the industry: AGF-B outperforms 65.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.28%, AGF-B is in the better half of the industry, outperforming 73.75% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AGF-B is below the industry average of 8.46%.
The 3 year average ROIC (4.73%) for AGF-B is below the current ROIC(5.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 8.93% | ||
| ROIC | 5.28% |
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
With a decent Profit Margin value of 20.10%, AGF-B is doing good in the industry, outperforming 66.25% of the companies in the same industry.
In the last couple of years the Profit Margin of AGF-B has grown nicely.
The Operating Margin of AGF-B (21.35%) is comparable to the rest of the industry.
AGF-B's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 71.90%, AGF-B is doing good in the industry, outperforming 78.75% of the companies in the same industry.
AGF-B's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.35% | ||
| PM (TTM) | 20.1% | ||
| GM | 71.9% |
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
The number of shares outstanding for AGF-B has been increased compared to 1 year ago.
AGF-B has less shares outstanding than it did 5 years ago.
AGF-B has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.13 indicates that AGF-B is not a great score, but indicates only limited risk for bankruptcy at the moment.
AGF-B has a better Altman-Z score (2.13) than 68.75% of its industry peers.
The Debt to FCF ratio of AGF-B is 1.41, which is an excellent value as it means it would take AGF-B, only 1.41 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of AGF-B (1.41) is better than 82.50% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that AGF-B is not too dependend on debt financing.
AGF-B has a better Debt to Equity ratio (0.14) than 63.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.13 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AGF-B has a Current Ratio of 1.06. 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 (1.06) is comparable to the rest of the industry.
A Quick Ratio of 1.06 indicates that AGF-B should not have too much problems paying its short term obligations.
AGF-B has a Quick ratio of 1.06. This is comparable to the rest of the industry: AGF-B outperforms 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
AGF-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.55%, which is quite good.
AGF-B shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.14% yearly.
Looking at the last year, AGF-B shows a quite strong growth in Revenue. The Revenue has grown by 13.53% in the last year.
The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)16.55%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%11.43%
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
3.2 Future
The Earnings Per Share is expected to grow by 3.52% on average over the next years.
Based on estimates for the next years, AGF-B will show a small growth in Revenue. The Revenue will grow by 3.11% on average per year.
EPS Next Y4.43%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y4.07%
Revenue Next 3Y3.11%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.36, the valuation of AGF-B can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of AGF-B is on the same level as its industry peers.
AGF-B's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.20.
A Price/Forward Earnings ratio of 7.84 indicates a rather cheap valuation of AGF-B.
Based on the Price/Forward Earnings ratio, AGF-B is valued a bit cheaper than 70.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, AGF-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AGF-B is valued cheaper than 87.50% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AGF-B indicates a rather cheap valuation: AGF-B is cheaper than 88.75% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| EV/EBITDA | 8.46 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
AGF-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.89
PEG (5Y)0.44
EPS Next 2Y3.53%
EPS Next 3Y3.52%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.80%, AGF-B has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.91, AGF-B pays a better dividend. On top of this AGF-B pays more dividend than 83.75% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, AGF-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
5.2 History
On average, the dividend of AGF-B grows each year by 7.13%, which is quite nice.
AGF-B has paid a dividend for at least 10 years, which is a reliable track record.
AGF-B has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.13%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
28.75% of the earnings are spent on dividend by AGF-B. This is a low number and sustainable payout ratio.
The dividend of AGF-B is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP28.75%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
TSX:AGF-B (9/16/2025, 7:00:00 PM)
14.12
+0.07 (+0.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners13.35%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap916.95M
Analysts81.54
Price Target14.69 (4.04%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
Yearly Dividend0.45
Dividend Growth(5Y)7.13%
DP28.75%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.13%
Min EPS beat(2)-5.81%
Max EPS beat(2)16.07%
EPS beat(4)2
Avg EPS beat(4)5.26%
Min EPS beat(4)-5.81%
Max EPS beat(4)16.07%
EPS beat(8)4
Avg EPS beat(8)7.63%
EPS beat(12)7
Avg EPS beat(12)9.2%
EPS beat(16)11
Avg EPS beat(16)10.6%
Revenue beat(2)0
Avg Revenue beat(2)-14.56%
Min Revenue beat(2)-17.72%
Max Revenue beat(2)-11.4%
Revenue beat(4)2
Avg Revenue beat(4)-6.43%
Min Revenue beat(4)-17.72%
Max Revenue beat(4)2.95%
Revenue beat(8)2
Avg Revenue beat(8)-6.89%
Revenue beat(12)3
Avg Revenue beat(12)-6.01%
Revenue beat(16)3
Avg Revenue beat(16)-5.73%
PT rev (1m)2.13%
PT rev (3m)12.57%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)-4.68%
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.93%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 7.84 | ||
| P/S | 1.77 | ||
| P/FCF | 7.81 | ||
| P/OCF | 7.59 | ||
| P/B | 0.79 | ||
| P/tB | 7.71 | ||
| EV/EBITDA | 8.46 |
EPS(TTM)1.69
EY11.97%
EPS(NY)1.8
Fwd EY12.75%
FCF(TTM)1.81
FCFY12.8%
OCF(TTM)1.86
OCFY13.18%
SpS7.98
BVpS17.95
TBVpS1.83
PEG (NY)1.89
PEG (5Y)0.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 8.93% | ||
| ROCE | 6.9% | ||
| ROIC | 5.28% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 16.7% | ||
| OM | 21.35% | ||
| PM (TTM) | 20.1% | ||
| GM | 71.9% | ||
| 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-Score8
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | 1.32 | ||
| Cap/Depr | 36.1% | ||
| Cap/Sales | 0.66% | ||
| Interest Coverage | 34.46 | ||
| Cash Conversion | 100.56% | ||
| Profit Quality | 112.72% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.13 |
F-Score8
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)16.55%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%11.43%
EPS Next Y4.43%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
EPS Next 5YN/A
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
Revenue Next Year4.92%
Revenue Next 2Y4.07%
Revenue Next 3Y3.11%
Revenue Next 5YN/A
EBIT growth 1Y30.22%
EBIT growth 3Y40.94%
EBIT growth 5Y21.68%
EBIT Next Year45.26%
EBIT Next 3Y13.66%
EBIT Next 5YN/A
FCF growth 1Y55.61%
FCF growth 3Y48.19%
FCF growth 5Y11.23%
OCF growth 1Y43.29%
OCF growth 3Y33.83%
OCF growth 5Y11.16%