AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
TSX:AGF-B - Toronto Stock Exchange - CA0010921058 - Common Stock - Currency: CAD
AGF-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 82 industry peers in the Capital Markets industry. While AGF-B belongs to the best of the industry regarding profitability, 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! With these ratings, AGF-B could be worth investigating further for value 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.
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
With a decent Return On Assets value of 6.10%, AGF-B is doing good in the industry, outperforming 75.61% of the companies in the same industry.
AGF-B has a Return On Equity of 8.93%. This is in the better half of the industry: AGF-B outperforms 70.73% of its industry peers.
AGF-B has a Return On Invested Capital of 5.28%. This is in the better half of the industry: AGF-B outperforms 74.39% of its industry peers.
AGF-B had an Average Return On Invested Capital over the past 3 years of 4.73%. This is below the industry average of 7.96%.
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
AGF-B has a better Profit Margin (20.10%) than 67.07% of its industry peers.
AGF-B's Profit Margin has improved in the last couple of years.
AGF-B has a Operating Margin (21.35%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AGF-B has grown nicely.
AGF-B has a better Gross Margin (71.90%) than 76.83% of its industry peers.
In the last couple of years the Gross Margin of AGF-B has grown nicely.
| 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
Compared to 1 year ago, AGF-B has more shares outstanding
The number of shares outstanding for AGF-B has been reduced compared to 5 years ago.
The debt/assets ratio for AGF-B has been reduced compared to a year ago.
2.2 Solvency
AGF-B has an Altman-Z score of 2.04. 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 (2.04) than 69.51% of its industry peers.
AGF-B has a debt to FCF ratio of 1.41. This is a very positive value and a sign of high solvency as it would only need 1.41 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.41, AGF-B is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that AGF-B is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.14, AGF-B is in the better half of the industry, outperforming 62.20% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.04 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.06 indicates that AGF-B should not have too much problems paying its short term obligations.
AGF-B's Current ratio of 1.06 is on the low side compared to the rest of the industry. AGF-B is outperformed by 71.95% of its industry peers.
AGF-B has a Quick 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.
AGF-B's Quick ratio of 1.06 is in line compared to the rest of the industry. AGF-B outperforms 54.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.55% over the past year.
The Earnings Per Share has been growing by 19.14% on average over the past years. This is quite good.
The Revenue has grown by 13.53% in the past year. This is quite good.
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
Based on estimates for the next years, AGF-B will show a small growth in Earnings Per Share. The EPS will grow by 6.75% on average per year.
The Revenue is expected to grow by 4.08% on average over the next years.
EPS Next Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue Next Year3.56%
Revenue Next 2Y2.67%
Revenue Next 3Y4.08%
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
AGF-B is valuated cheaply with a Price/Earnings ratio of 7.47.
AGF-B's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.30. AGF-B is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.40, the valuation of AGF-B can be described as very cheap.
AGF-B's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. AGF-B is cheaper than 69.51% of the companies in the same industry.
AGF-B is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.47 | ||
| Fwd PE | 7.4 |
4.2 Price Multiples
90.24% of the companies in the same industry are more expensive than AGF-B, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, AGF-B is valued cheaply inside the industry as 84.15% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.03 | ||
| EV/EBITDA | 7.81 |
4.3 Compensation for Growth
The 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)1.7
PEG (5Y)0.39
EPS Next 2Y0.81%
EPS Next 3Y6.75%
5. Dividend
5.1 Amount
AGF-B has a Yearly Dividend Yield of 3.94%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.39, AGF-B has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.37, AGF-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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
AGF-B pays out 28.75% of its income as dividend. This is a 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 2Y0.81%
EPS Next 3Y6.75%
TSX:AGF-B (7/11/2025, 7:00:00 PM)
12.63
-0.2 (-1.56%)
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 Cap825.75M
Analysts81.54
Price Target13.46 (6.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.94% |
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)4.55%
PT rev (3m)-1.62%
EPS NQ rev (1m)-6.76%
EPS NQ rev (3m)-6.76%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)3.57%
Revenue NQ rev (3m)3.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.47 | ||
| Fwd PE | 7.4 | ||
| P/S | 1.59 | ||
| P/FCF | 7.03 | ||
| P/OCF | 6.83 | ||
| P/B | 0.71 | ||
| P/tB | 6.94 | ||
| EV/EBITDA | 7.81 |
EPS(TTM)1.69
EY13.38%
EPS(NY)1.71
Fwd EY13.52%
FCF(TTM)1.8
FCFY14.22%
OCF(TTM)1.85
OCFY14.63%
SpS7.93
BVpS17.83
TBVpS1.82
PEG (NY)1.7
PEG (5Y)0.39
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 | 2.04 |
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 Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
Revenue Next Year3.56%
Revenue Next 2Y2.67%
Revenue Next 3Y4.08%
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%