AFFILIATED MANAGERS GROUP (AMG) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:AMG • US0082521081
316.32 USD
+3.23 (+1.03%)
At close: Feb 2, 2026
316.32 USD
0 (0%)
After Hours: 2/2/2026, 8:04:00 PM
Taking everything into account, AMG scores 6 out of 10 in our fundamental rating. AMG was compared to 238 industry peers in the Capital Markets industry. AMG has only an average score on both its financial health and profitability. AMG may be a bit undervalued, certainly considering the very reasonable score on growth This makes AMG very considerable for value investing!
1. Profitability
1.1 Basic Checks
- In the past year AMG was profitable.
- AMG had a positive operating cash flow in the past year.
- Each year in the past 5 years AMG has been profitable.
- In the past 5 years AMG always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of AMG (5.95%) is better than 71.85% of its industry peers.
- AMG has a Return On Equity of 15.89%. This is in the better half of the industry: AMG outperforms 78.15% of its industry peers.
- With a decent Return On Invested Capital value of 5.15%, AMG is doing good in the industry, outperforming 67.65% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for AMG is in line with the industry average of 7.28%.
| Industry Rank | Sector 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%
1.3 Margins
- AMG has a better Profit Margin (26.01%) than 65.97% of its industry peers.
- AMG's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 24.87%, AMG is in line with its industry, outperforming 50.42% of the companies in the same industry.
- AMG's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector 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
2. Health
2.1 Basic Checks
- AMG has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, AMG has less shares outstanding
- The debt/assets ratio for AMG is higher compared to a year ago.
2.2 Solvency
- AMG has an Altman-Z score of 2.55. This is not the best score and indicates that AMG is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a decent Altman-Z score value of 2.55, AMG is doing good in the industry, outperforming 73.53% of the companies in the same industry.
- AMG has a debt to FCF ratio of 2.55. This is a good value and a sign of high solvency as AMG would need 2.55 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 2.55, AMG belongs to the top of the industry, outperforming 80.67% of the companies in the same industry.
- AMG has a Debt/Equity ratio of 0.71. This is a neutral value indicating AMG is somewhat dependend on debt financing.
- AMG has a Debt to Equity ratio (0.71) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 2.55 | ||
| Altman-Z | 2.55 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- AMG has a Current Ratio of 1.30. This is a normal value and indicates that AMG is financially healthy and should not expect problems in meeting its short term obligations.
- AMG's Current ratio of 1.30 is fine compared to the rest of the industry. AMG outperforms 61.34% of 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 the better half of the industry, outperforming 62.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.3 |
3. Growth
3.1 Past
- AMG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.16%.
- Measured over the past 5 years, AMG shows a small growth in Earnings Per Share. The EPS has been growing by 7.59% on average per year.
- AMG shows a small growth in Revenue. In the last year, the Revenue has grown by 1.13%.
- Measured over the past years, AMG shows a decrease in Revenue. The Revenue has been decreasing by -1.84% on average per year.
EPS 1Y (TTM)3.16%
EPS 3Y3.78%
EPS 5Y7.59%
EPS Q2Q%26.56%
Revenue 1Y (TTM)1.13%
Revenue growth 3Y-5.42%
Revenue growth 5Y-1.84%
Sales Q2Q%2.25%
3.2 Future
- AMG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.24% yearly.
- AMG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.08% yearly.
EPS Next Y25.29%
EPS Next 2Y21.84%
EPS Next 3Y21.05%
EPS Next 5Y16.24%
Revenue Next Year2.27%
Revenue Next 2Y7.93%
Revenue Next 3Y6.74%
Revenue Next 5Y7.08%
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
- The Price/Earnings ratio is 14.12, which indicates a correct valuation of AMG.
- Compared to the rest of the industry, the Price/Earnings ratio of AMG is on the same level as its industry peers.
- The average S&P500 Price/Earnings ratio is at 28.41. AMG is valued rather cheaply when compared to this.
- The Price/Forward Earnings ratio is 10.35, which indicates a very decent valuation of AMG.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of AMG indicates a somewhat cheap valuation: AMG is cheaper than 72.69% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.64, AMG is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.12 | ||
| Fwd PE | 10.35 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, AMG is valued a bit cheaper than 76.47% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, AMG is valued cheaply inside the industry as 81.09% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.57 | ||
| EV/EBITDA | 17.33 |
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.
- The decent profitability rating of AMG may justify a higher PE ratio.
- AMG's earnings are expected to grow with 21.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.56
PEG (5Y)1.86
EPS Next 2Y21.84%
EPS Next 3Y21.05%
5. Dividend
5.1 Amount
- AMG has a yearly dividend return of 0.01%, which is pretty low.
- AMG's Dividend Yield is slightly below the industry average, which is at 6.02.
- Compared to an average S&P500 Dividend Yield of 1.83, AMG's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.01% |
5.2 History
- The dividend of AMG decreases each year by -47.48%.
- AMG has been paying a dividend for over 5 years, so it has already some track record.
- AMG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-47.48%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
- AMG pays out 0.23% of its income as dividend. This is a sustainable payout ratio.
DP0.23%
EPS Next 2Y21.84%
EPS Next 3Y21.05%
316.32
+3.23 (+1.03%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)11-03 2025-11-03/bmo
Earnings (Next)02-09 2026-02-09/amc
Inst Owners98.02%
Inst Owner Change-2.07%
Ins Owners3.46%
Ins Owner Change7.56%
Market Cap8.90B
Revenue(TTM)2.04B
Net Income(TTM)531.20M
Analysts86
Price Target380.63 (20.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.01% |
Yearly Dividend0.04
Dividend Growth(5Y)-47.48%
DP0.23%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
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)5.46%
PT rev (3m)23.91%
EPS NQ rev (1m)0.8%
EPS NQ rev (3m)6.56%
EPS NY rev (1m)0.24%
EPS NY rev (3m)3.89%
Revenue NQ rev (1m)0.58%
Revenue NQ rev (3m)3.09%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)0.33%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.12 | ||
| Fwd PE | 10.35 | ||
| P/S | 4.36 | ||
| P/FCF | 9.57 | ||
| P/OCF | 9.51 | ||
| P/B | 2.66 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.33 |
EPS(TTM)22.41
EY7.08%
EPS(NY)30.55
Fwd EY9.66%
FCF(TTM)33.06
FCFY10.45%
OCF(TTM)33.25
OCFY10.51%
SpS72.6
BVpS118.86
TBVpS-31.57
PEG (NY)0.56
PEG (5Y)1.86
Graham Number244.81
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.55 |
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)3.16%
EPS 3Y3.78%
EPS 5Y7.59%
EPS Q2Q%26.56%
EPS Next Y25.29%
EPS Next 2Y21.84%
EPS Next 3Y21.05%
EPS Next 5Y16.24%
Revenue 1Y (TTM)1.13%
Revenue growth 3Y-5.42%
Revenue growth 5Y-1.84%
Sales Q2Q%2.25%
Revenue Next Year2.27%
Revenue Next 2Y7.93%
Revenue Next 3Y6.74%
Revenue Next 5Y7.08%
EBIT growth 1Y-21.77%
EBIT growth 3Y-9.28%
EBIT growth 5Y-0.89%
EBIT Next Year50.02%
EBIT Next 3Y19.36%
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 6 / 10 to AMG.
Can you provide the valuation status for AFFILIATED MANAGERS GROUP?
ChartMill assigns a valuation rating of 8 / 10 to AFFILIATED MANAGERS GROUP (AMG). This can be considered as Undervalued.
Can you provide the profitability details for AFFILIATED MANAGERS GROUP?
AFFILIATED MANAGERS GROUP (AMG) has a profitability rating of 6 / 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 25.29% 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%.