AFFILIATED MANAGERS GROUP (AMG) Fundamental Analysis & Valuation

NYSE:AMG • US0082521081

313.26 USD
+2.96 (+0.95%)
Last: Mar 4, 2026, 01:49 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This AMG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

AMG gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 238 industry peers in the Capital Markets industry. Both the profitability and the financial health of AMG get a neutral evaluation. Nothing too spectacular is happening here. AMG has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. AMG Profitability Analysis

1.1 Basic Checks

  • AMG had positive earnings in the past year.
  • In the past year AMG had a positive cash flow from operations.
  • Of the past 5 years AMG 4 years were profitable.
  • AMG had a positive operating cash flow in 4 of the past 5 years.
AMG Yearly Net Income VS EBIT VS OCF VS FCFAMG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.95%, AMG is in the better half of the industry, outperforming 74.37% of the companies in the same industry.
  • The Return On Equity of AMG (15.89%) is better than 77.31% of its industry peers.
  • AMG has a Return On Invested Capital of 5.15%. This is in the better half of the industry: AMG outperforms 68.49% of its industry peers.
  • AMG had an Average Return On Invested Capital over the past 3 years of 7.38%. This is in line with the industry average of 7.27%.
Industry RankSector Rank
ROA 5.95%
ROE 15.89%
ROIC 5.15%
ROA(3y)8.71%
ROA(5y)7.01%
ROE(3y)23.17%
ROE(5y)19.42%
ROIC(3y)7.38%
ROIC(5y)7.61%
AMG Yearly ROA, ROE, ROICAMG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1.3 Margins

  • The Profit Margin of AMG (26.01%) is better than 65.13% of its industry peers.
  • AMG's Profit Margin has improved in the last couple of years.
  • AMG has a Operating Margin of 24.87%. This is comparable to the rest of the industry: AMG outperforms 51.68% of its industry peers.
  • AMG's Operating Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 24.87%
PM (TTM) 26.01%
GM N/A
OM growth 3Y-4.07%
OM growth 5Y0.96%
PM growth 3Y2.25%
PM growth 5Y104.49%
GM growth 3YN/A
GM growth 5YN/A
AMG Yearly Profit, Operating, Gross MarginsAMG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. AMG Health Analysis

2.1 Basic Checks

  • There is no outstanding debt for AMG. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AMG Yearly Shares OutstandingAMG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M 50M
AMG Yearly Total Debt VS Total AssetsAMG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 2.53 indicates that AMG is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • AMG has a Altman-Z score of 2.53. This is in the better half of the industry: AMG outperforms 72.69% of its industry peers.
  • The Debt to FCF ratio of AMG is 2.55, which is a good value as it means it would take AMG, 2.55 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of AMG (2.55) is better than 81.51% of its industry peers.
  • A Debt/Equity ratio of 0.71 indicates that AMG is somewhat dependend on debt financing.
  • The Debt to Equity ratio of AMG (0.71) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 2.55
Altman-Z 2.53
ROIC/WACCN/A
WACCN/A
AMG Yearly LT Debt VS Equity VS FCFAMG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 1.30 indicates that AMG should not have too much problems paying its short term obligations.
  • AMG has a Current ratio (1.30) which is in line with its industry peers.
  • A Quick Ratio of 1.30 indicates that AMG should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.30, AMG is in line with its industry, outperforming 59.66% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 1.3
AMG Yearly Current Assets VS Current LiabilitesAMG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. AMG Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 27.18% over the past year.
  • AMG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 14.34% yearly.
EPS 1Y (TTM)27.18%
EPS 3Y9.07%
EPS 5Y14.34%
EPS Q2Q%65.82%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.18%

3.2 Future

  • Based on estimates for the next years, AMG will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.51% on average per year.
  • Based on estimates for the next years, AMG will show a quite strong growth in Revenue. The Revenue will grow by 8.28% on average per year.
EPS Next Y16.64%
EPS Next 2Y18.1%
EPS Next 3Y8.35%
EPS Next 5Y12.51%
Revenue Next Year11.81%
Revenue Next 2Y10.4%
Revenue Next 3Y8.86%
Revenue Next 5Y8.28%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
AMG Yearly Revenue VS EstimatesAMG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1B 2B 3B
AMG Yearly EPS VS EstimatesAMG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30 40 50

More info and screens

Find the best growth stocksShow best growing peers

6

4. AMG Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.97, which indicates a very decent valuation of AMG.
  • AMG's Price/Earnings ratio is in line with the industry average.
  • AMG's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.83.
  • The Price/Forward Earnings ratio is 10.26, which indicates a very decent valuation of AMG.
  • 69.33% of the companies in the same industry are more expensive than AMG, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of AMG to the average of the S&P500 Index (24.95), we can say AMG is valued rather cheaply.
Industry RankSector Rank
PE 11.97
Fwd PE 10.26
AMG Price Earnings VS Forward Price EarningsAMG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • AMG's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. AMG is cheaper than 74.37% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, AMG is valued a bit cheaper than 78.15% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.48
EV/EBITDA 17.05
AMG Per share dataAMG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.72
PEG (5Y)0.83
EPS Next 2Y18.1%
EPS Next 3Y8.35%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. AMG Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.01%, AMG is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.44, AMG is paying slightly less dividend.
  • Compared to an average S&P500 Dividend Yield of 1.82, AMG's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.01%

5.2 History

  • The dividend of AMG decreases each year by -34.25%.
  • AMG has been paying a dividend for at least 10 years, so it has a reliable track record.
  • AMG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-34.25%
Div Incr Years0
Div Non Decr Years3
AMG Yearly Dividends per shareAMG Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • AMG pays out 0.23% of its income as dividend. This is a sustainable payout ratio.
DP0.23%
EPS Next 2Y18.1%
EPS Next 3Y8.35%
AMG Yearly Income VS Free CF VS DividendAMG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
AMG Dividend Payout.AMG Dividend Payout, showing the Payout Ratio.AMG Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

AMG Fundamentals: All Metrics, Ratios and Statistics

AFFILIATED MANAGERS GROUP

NYSE:AMG (3/4/2026, 1:49:58 PM)

313.26

+2.96 (+0.95%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-12
Earnings (Next)05-06
Inst Owners98.02%
Inst Owner Change-3.77%
Ins Owners3.46%
Ins Owner Change5.18%
Market Cap8.81B
Revenue(TTM)N/A
Net Income(TTM)531.20M
Analysts86
Price Target407.66 (30.13%)
Short Float %1.84%
Short Ratio1.11
Dividend
Industry RankSector Rank
Dividend Yield 0.01%
Yearly Dividend0.04
Dividend Growth(5Y)-34.25%
DP0.23%
Div Incr Years0
Div Non Decr Years3
Ex-Date02-23
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.76%
Min EPS beat(2)0.95%
Max EPS beat(2)2.56%
EPS beat(4)3
Avg EPS beat(4)-0.4%
Min EPS beat(4)-6.04%
Max EPS beat(4)2.56%
EPS beat(8)6
Avg EPS beat(8)1.48%
EPS beat(12)9
Avg EPS beat(12)2.1%
EPS beat(16)13
Avg EPS beat(16)2.64%
Revenue beat(2)0
Avg Revenue beat(2)-3.93%
Min Revenue beat(2)-4.06%
Max Revenue beat(2)-3.79%
Revenue beat(4)0
Avg Revenue beat(4)-3.11%
Min Revenue beat(4)-4.06%
Max Revenue beat(4)-2.17%
Revenue beat(8)0
Avg Revenue beat(8)-3.76%
Revenue beat(12)1
Avg Revenue beat(12)-4.04%
Revenue beat(16)4
Avg Revenue beat(16)-2.57%
PT rev (1m)7.1%
PT rev (3m)23.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.79%
EPS NY rev (1m)0%
EPS NY rev (3m)3.89%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.42%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.33%
Valuation
Industry RankSector Rank
PE 11.97
Fwd PE 10.26
P/S 4.32
P/FCF 9.48
P/OCF 9.42
P/B 2.64
P/tB N/A
EV/EBITDA 17.05
EPS(TTM)26.17
EY8.35%
EPS(NY)30.53
Fwd EY9.74%
FCF(TTM)33.06
FCFY10.55%
OCF(TTM)33.25
OCFY10.61%
SpS72.6
BVpS118.86
TBVpS-31.57
PEG (NY)0.72
PEG (5Y)0.83
Graham Number264.55
Profitability
Industry RankSector Rank
ROA 5.95%
ROE 15.89%
ROCE 6.31%
ROIC 5.15%
ROICexc 5.47%
ROICexgc 13.67%
OM 24.87%
PM (TTM) 26.01%
GM N/A
FCFM 45.54%
ROA(3y)8.71%
ROA(5y)7.01%
ROE(3y)23.17%
ROE(5y)19.42%
ROIC(3y)7.38%
ROIC(5y)7.61%
ROICexc(3y)8.14%
ROICexc(5y)8.54%
ROICexgc(3y)23.93%
ROICexgc(5y)25.25%
ROCE(3y)9.04%
ROCE(5y)9.33%
ROICexgc growth 3Y-5.55%
ROICexgc growth 5Y1.96%
ROICexc growth 3Y-6.71%
ROICexc growth 5Y-1.27%
OM growth 3Y-4.07%
OM growth 5Y0.96%
PM growth 3Y2.25%
PM growth 5Y104.49%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.23
Health
Industry RankSector Rank
Debt/Equity 0.71
Debt/FCF 2.55
Debt/EBITDA 3.81
Cap/Depr 4.6%
Cap/Sales 0.26%
Interest Coverage 250
Cash Conversion 150.13%
Profit Quality 175.08%
Current Ratio 1.3
Quick Ratio 1.3
Altman-Z 2.53
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)15.05%
Cap/Depr(5y)13.31%
Cap/Sales(3y)0.42%
Cap/Sales(5y)0.41%
Profit Quality(3y)133.79%
Profit Quality(5y)223%
High Growth Momentum
Growth
EPS 1Y (TTM)27.18%
EPS 3Y9.07%
EPS 5Y14.34%
EPS Q2Q%65.82%
EPS Next Y16.64%
EPS Next 2Y18.1%
EPS Next 3Y8.35%
EPS Next 5Y12.51%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%6.18%
Revenue Next Year11.81%
Revenue Next 2Y10.4%
Revenue Next 3Y8.86%
Revenue Next 5Y8.28%
EBIT growth 1Y-21.77%
EBIT growth 3Y-9.28%
EBIT growth 5Y-0.89%
EBIT Next Year50.17%
EBIT Next 3Y24.85%
EBIT Next 5Y10.34%
FCF growth 1Y7.38%
FCF growth 3Y-9.09%
FCF growth 5Y0.41%
OCF growth 1Y6.89%
OCF growth 3Y-9.19%
OCF growth 5Y0.28%

AFFILIATED MANAGERS GROUP / AMG FAQ

What is the ChartMill fundamental rating of AFFILIATED MANAGERS GROUP (AMG) stock?

ChartMill assigns a fundamental rating of 5 / 10 to AMG.


Can you provide the valuation status for AFFILIATED MANAGERS GROUP?

ChartMill assigns a valuation rating of 6 / 10 to AFFILIATED MANAGERS GROUP (AMG). This can be considered as Fairly Valued.


Can you provide the profitability details for AFFILIATED MANAGERS GROUP?

AFFILIATED MANAGERS GROUP (AMG) has a profitability rating of 5 / 10.


Can you provide the expected EPS growth for AMG stock?

The Earnings per Share (EPS) of AFFILIATED MANAGERS GROUP (AMG) is expected to grow by 16.64% in the next year.


Can you provide the dividend sustainability for AMG stock?

The dividend rating of AFFILIATED MANAGERS GROUP (AMG) is 3 / 10 and the dividend payout ratio is 0.23%.