ARTISAN PARTNERS ASSET MA -A (APAM) Stock Fundamental Analysis
USA - NYSE:APAM - US04316A1088 - Common Stock
41.39 USD
+0.95 (+2.35%)
We assign a fundamental rating of 6 out of 10 to APAM. APAM was compared to 237 industry peers in the Capital Markets industry. While APAM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. APAM may be a bit undervalued, certainly considering the very reasonable score on growth With these ratings, APAM could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
APAM had positive earnings in the past year.
APAM had a positive operating cash flow in the past year.
In the past 5 years APAM has always been profitable.
In the past 5 years APAM always reported a positive cash flow from operatings.
1.2 Ratios
APAM has a better Return On Assets (15.18%) than 96.20% of its industry peers.
The Return On Equity of APAM (59.73%) is better than 99.16% of its industry peers.
APAM has a Return On Invested Capital of 34.16%. This is amongst the best in the industry. APAM outperforms 99.58% of its industry peers.
The Average Return On Invested Capital over the past 3 years for APAM is significantly above the industry average of 7.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.18% | ||
| ROE | 59.73% | ||
| ROIC | 34.16% |
ROA(3y)14.66%
ROA(5y)17.13%
ROE(3y)64.55%
ROE(5y)81.8%
ROIC(3y)34.78%
ROIC(5y)46.29%
1.3 Margins
APAM's Profit Margin of 20.73% is in line compared to the rest of the industry. APAM outperforms 56.96% of its industry peers.
APAM's Profit Margin has improved in the last couple of years.
The Operating Margin of APAM (32.57%) is better than 63.29% of its industry peers.
In the last couple of years the Operating Margin of APAM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.57% | ||
| PM (TTM) | 20.73% | ||
| GM | N/A |
OM growth 3Y-9.19%
OM growth 5Y-1.45%
PM growth 3Y-4.94%
PM growth 5Y4.74%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for APAM has been increased compared to 1 year ago.
Compared to 5 years ago, APAM has more shares outstanding
APAM has a better debt/assets ratio than last year.
2.2 Solvency
APAM has an Altman-Z score of 3.17. This indicates that APAM is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.17, APAM is in the better half of the industry, outperforming 76.37% of the companies in the same industry.
The Debt to FCF ratio of APAM is 0.76, which is an excellent value as it means it would take APAM, only 0.76 years of fcf income to pay off all of its debts.
APAM has a better Debt to FCF ratio (0.76) than 90.72% of its industry peers.
APAM has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
APAM has a Debt to Equity ratio of 0.47. This is in the better half of the industry: APAM outperforms 64.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | 3.17 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.70 indicates that APAM may have some problems paying its short term obligations.
The Current ratio of APAM (0.70) is worse than 69.20% of its industry peers.
A Quick Ratio of 0.70 indicates that APAM may have some problems paying its short term obligations.
APAM has a worse Quick ratio (0.70) than 68.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
APAM shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.07%.
The Earnings Per Share has been growing slightly by 5.86% on average over the past years.
Looking at the last year, APAM shows a quite strong growth in Revenue. The Revenue has grown by 14.02% in the last year.
The Revenue has been growing slightly by 6.83% on average over the past years.
EPS 1Y (TTM)5.07%
EPS 3Y-10.97%
EPS 5Y5.86%
EPS Q2Q%0%
Revenue 1Y (TTM)14.02%
Revenue growth 3Y-3.24%
Revenue growth 5Y6.83%
Sales Q2Q%0%
3.2 Future
The Earnings Per Share is expected to grow by 7.43% on average over the next years.
The Revenue is expected to grow by 7.25% on average over the next years.
EPS Next Y8.18%
EPS Next 2Y8.87%
EPS Next 3Y7.43%
EPS Next 5YN/A
Revenue Next Year6.99%
Revenue Next 2Y7.46%
Revenue Next 3Y7.25%
Revenue Next 5YN/A
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 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 11.10, the valuation of APAM can be described as very reasonable.
64.98% of the companies in the same industry are more expensive than APAM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.07. APAM is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 9.84, which indicates a very decent valuation of APAM.
Compared to the rest of the industry, the Price/Forward Earnings ratio of APAM indicates a somewhat cheap valuation: APAM is cheaper than 70.04% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of APAM to the average of the S&P500 Index (34.08), we can say APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 9.84 |
4.2 Price Multiples
APAM's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. APAM is cheaper than 89.03% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of APAM indicates a somewhat cheap valuation: APAM is cheaper than 65.40% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.44 | ||
| EV/EBITDA | 8.04 |
4.3 Compensation for Growth
APAM's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of APAM may justify a higher PE ratio.
PEG (NY)1.36
PEG (5Y)1.89
EPS Next 2Y8.87%
EPS Next 3Y7.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.20%, APAM is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 8.49, APAM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, APAM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.2% |
5.2 History
The dividend of APAM has a limited annual growth rate of 2.62%.
APAM has paid a dividend for at least 10 years, which is a reliable track record.
APAM has decreased its dividend recently.
Dividend Growth(5Y)2.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
105.20% of the earnings are spent on dividend by APAM. This is not a sustainable payout ratio.
APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP105.2%
EPS Next 2Y8.87%
EPS Next 3Y7.43%
NYSE:APAM (11/21/2025, 3:02:59 PM)
41.39
+0.95 (+2.35%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners91.23%
Inst Owner Change1.55%
Ins Owners2%
Ins Owner Change-1.43%
Market Cap3.34B
Revenue(TTM)1.11B
Net Income(TTM)240.14M
Analysts48.89
Price Target45.9 (10.9%)
Short Float %4.75%
Short Ratio7.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.2% |
Yearly Dividend2.77
Dividend Growth(5Y)2.62%
DP105.2%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.93%
Min EPS beat(2)0.77%
Max EPS beat(2)3.09%
EPS beat(4)4
Avg EPS beat(4)4.95%
Min EPS beat(4)0.77%
Max EPS beat(4)8.14%
EPS beat(8)6
Avg EPS beat(8)1.96%
EPS beat(12)8
Avg EPS beat(12)1.19%
EPS beat(16)9
Avg EPS beat(16)-0.13%
Revenue beat(2)0
Avg Revenue beat(2)-2.48%
Min Revenue beat(2)-2.95%
Max Revenue beat(2)-2.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.11%
Min Revenue beat(4)-2.95%
Max Revenue beat(4)-0.52%
Revenue beat(8)0
Avg Revenue beat(8)-2.47%
Revenue beat(12)0
Avg Revenue beat(12)-2.12%
Revenue beat(16)1
Avg Revenue beat(16)-2.28%
PT rev (1m)-0.55%
PT rev (3m)-1.37%
EPS NQ rev (1m)4.57%
EPS NQ rev (3m)6.88%
EPS NY rev (1m)3.58%
EPS NY rev (3m)10.09%
Revenue NQ rev (1m)2.98%
Revenue NQ rev (3m)4.95%
Revenue NY rev (1m)1%
Revenue NY rev (3m)1.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.1 | ||
| Fwd PE | 9.84 | ||
| P/S | 2.88 | ||
| P/FCF | 13.44 | ||
| P/OCF | 13.39 | ||
| P/B | 8.31 | ||
| P/tB | 8.31 | ||
| EV/EBITDA | 8.04 |
EPS(TTM)3.73
EY9.01%
EPS(NY)4.21
Fwd EY10.17%
FCF(TTM)3.08
FCFY7.44%
OCF(TTM)3.09
OCFY7.47%
SpS14.35
BVpS4.98
TBVpS4.98
PEG (NY)1.36
PEG (5Y)1.89
Graham Number20.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.18% | ||
| ROE | 59.73% | ||
| ROCE | 42.53% | ||
| ROIC | 34.16% | ||
| ROICexc | 55.61% | ||
| ROICexgc | 55.61% | ||
| OM | 32.57% | ||
| PM (TTM) | 20.73% | ||
| GM | N/A | ||
| FCFM | 21.46% |
ROA(3y)14.66%
ROA(5y)17.13%
ROE(3y)64.55%
ROE(5y)81.8%
ROIC(3y)34.78%
ROIC(5y)46.29%
ROICexc(3y)45.82%
ROICexc(5y)67.07%
ROICexgc(3y)46.19%
ROICexgc(5y)68.12%
ROCE(3y)43.3%
ROCE(5y)57.63%
ROICexgc growth 3Y-25.48%
ROICexgc growth 5Y-14.62%
ROICexc growth 3Y-25.17%
ROICexc growth 5Y-14.51%
OM growth 3Y-9.19%
OM growth 5Y-1.45%
PM growth 3Y-4.94%
PM growth 5Y4.74%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.76 | ||
| Debt/EBITDA | 0.49 | ||
| Cap/Depr | 8.43% | ||
| Cap/Sales | 0.07% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.46% | ||
| Profit Quality | 103.53% | ||
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 | ||
| Altman-Z | 3.17 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)130.45%
Cap/Depr(5y)104.84%
Cap/Sales(3y)1.09%
Cap/Sales(5y)0.82%
Profit Quality(3y)143.69%
Profit Quality(5y)143%
High Growth Momentum
Growth
EPS 1Y (TTM)5.07%
EPS 3Y-10.97%
EPS 5Y5.86%
EPS Q2Q%0%
EPS Next Y8.18%
EPS Next 2Y8.87%
EPS Next 3Y7.43%
EPS Next 5YN/A
Revenue 1Y (TTM)14.02%
Revenue growth 3Y-3.24%
Revenue growth 5Y6.83%
Sales Q2Q%0%
Revenue Next Year6.99%
Revenue Next 2Y7.46%
Revenue Next 3Y7.25%
Revenue Next 5YN/A
EBIT growth 1Y-8.32%
EBIT growth 3Y-12.14%
EBIT growth 5Y5.28%
EBIT Next Year9.32%
EBIT Next 3Y8.71%
EBIT Next 5YN/A
FCF growth 1Y-2.34%
FCF growth 3Y0.59%
FCF growth 5Y5.77%
OCF growth 1Y-5.56%
OCF growth 3Y0.47%
OCF growth 5Y4.73%
ARTISAN PARTNERS ASSET MA -A / APAM FAQ
What is the fundamental rating for APAM stock?
ChartMill assigns a fundamental rating of 6 / 10 to APAM.
What is the valuation status for APAM stock?
ChartMill assigns a valuation rating of 7 / 10 to ARTISAN PARTNERS ASSET MA -A (APAM). This can be considered as Undervalued.
What is the profitability of APAM stock?
ARTISAN PARTNERS ASSET MA -A (APAM) has a profitability rating of 7 / 10.
What are the PE and PB ratios of ARTISAN PARTNERS ASSET MA -A (APAM) stock?
The Price/Earnings (PE) ratio for ARTISAN PARTNERS ASSET MA -A (APAM) is 11.1 and the Price/Book (PB) ratio is 8.31.
What is the earnings growth outlook for ARTISAN PARTNERS ASSET MA -A?
The Earnings per Share (EPS) of ARTISAN PARTNERS ASSET MA -A (APAM) is expected to grow by 8.18% in the next year.