Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.49
AMG's Cash to Debt is ranked lower than
86% of the 1214 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. AMG: 0.49 )
Ranked among companies with meaningful Cash to Debt only.
AMG' s 10-Year Cash to Debt Range
Min: 0.06  Med: 0.43 Max: No Debt
Current: 0.49
Equity to Asset 0.35
AMG's Equity to Asset is ranked lower than
87% of the 1265 Companies
in the Global Asset Management industry.

( Industry Median: 0.86 vs. AMG: 0.35 )
Ranked among companies with meaningful Equity to Asset only.
AMG' s 10-Year Equity to Asset Range
Min: 0.14  Med: 0.36 Max: 0.66
Current: 0.35
0.14
0.66
Interest Coverage 7.64
AMG's Interest Coverage is ranked lower than
87% of the 1128 Companies
in the Global Asset Management industry.

( Industry Median: 10000.00 vs. AMG: 7.64 )
Ranked among companies with meaningful Interest Coverage only.
AMG' s 10-Year Interest Coverage Range
Min: 2.63  Med: 7.04 Max: 18.02
Current: 7.64
2.63
18.02
F-Score: 6
Z-Score: 2.64
M-Score: -3.18
WACC vs ROIC
10.20%
18.99%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 33.14
AMG's Operating margin (%) is ranked lower than
59% of the 1364 Companies
in the Global Asset Management industry.

( Industry Median: 51.87 vs. AMG: 33.14 )
Ranked among companies with meaningful Operating margin (%) only.
AMG' s 10-Year Operating margin (%) Range
Min: 14.09  Med: 32.47 Max: 40.99
Current: 33.14
14.09
40.99
Net-margin (%) 20.74
AMG's Net-margin (%) is ranked lower than
63% of the 1369 Companies
in the Global Asset Management industry.

( Industry Median: 45.78 vs. AMG: 20.74 )
Ranked among companies with meaningful Net-margin (%) only.
AMG' s 10-Year Net-margin (%) Range
Min: -8.81  Med: 11.69 Max: 18.01
Current: 20.74
-8.81
18.01
ROE (%) 20.63
AMG's ROE (%) is ranked higher than
87% of the 1412 Companies
in the Global Asset Management industry.

( Industry Median: 6.00 vs. AMG: 20.63 )
Ranked among companies with meaningful ROE (%) only.
AMG' s 10-Year ROE (%) Range
Min: -5.66  Med: 10.12 Max: 37.58
Current: 20.63
-5.66
37.58
ROA (%) 7.29
AMG's ROA (%) is ranked higher than
69% of the 1430 Companies
in the Global Asset Management industry.

( Industry Median: 3.70 vs. AMG: 7.29 )
Ranked among companies with meaningful ROA (%) only.
AMG' s 10-Year ROA (%) Range
Min: -3.01  Med: 4.74 Max: 9.54
Current: 7.29
-3.01
9.54
ROC (Joel Greenblatt) (%) 1287.40
AMG's ROC (Joel Greenblatt) (%) is ranked higher than
85% of the 801 Companies
in the Global Asset Management industry.

( Industry Median: 33.08 vs. AMG: 1287.40 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
AMG' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 180.26  Med: 507.00 Max: 1193.61
Current: 1287.4
180.26
1193.61
Revenue Growth (3Y)(%) 10.10
AMG's Revenue Growth (3Y)(%) is ranked higher than
58% of the 781 Companies
in the Global Asset Management industry.

( Industry Median: 5.30 vs. AMG: 10.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
AMG' s 10-Year Revenue Growth (3Y)(%) Range
Min: -21.6  Med: 11.80 Max: 44.6
Current: 10.1
-21.6
44.6
EBITDA Growth (3Y)(%) 19.70
AMG's EBITDA Growth (3Y)(%) is ranked higher than
67% of the 651 Companies
in the Global Asset Management industry.

( Industry Median: 5.30 vs. AMG: 19.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
AMG' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -17.3  Med: 9.20 Max: 68.6
Current: 19.7
-17.3
68.6
EPS Growth (3Y)(%) 35.50
AMG's EPS Growth (3Y)(%) is ranked higher than
75% of the 620 Companies
in the Global Asset Management industry.

( Industry Median: 8.20 vs. AMG: 35.50 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
AMG' s 10-Year EPS Growth (3Y)(%) Range
Min: -25.8  Med: 18.20 Max: 51.2
Current: 35.5
-25.8
51.2
» AMG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q3 2014

AMG Guru Trades in Q3 2014

Ray Dalio 1,326 sh (New)
Jeremy Grantham 16,500 sh (New)
Paul Tudor Jones 1,448 sh (New)
Ken Fisher 12,880 sh (+79.64%)
Chuck Royce 39,126 sh (unchged)
Pioneer Investments 264,154 sh (unchged)
Steven Cohen Sold Out
RS Investment Management 53,878 sh (-11.20%)
George Soros 63,330 sh (-31.90%)
Jim Simons 44,500 sh (-63.52%)
» More
Q4 2014

AMG Guru Trades in Q4 2014

Jim Simons 89,900 sh (+102.02%)
RS Investment Management Sold Out
George Soros Sold Out
Ray Dalio Sold Out
Paul Tudor Jones 1,416 sh (-2.21%)
Pioneer Investments 252,317 sh (-4.48%)
Ken Fisher 12,180 sh (-5.43%)
Jeremy Grantham 14,200 sh (-13.94%)
Chuck Royce 4,426 sh (-88.69%)
» More
Q1 2015

AMG Guru Trades in Q1 2015

John Burbank 145,313 sh (New)
Paul Tudor Jones 3,414 sh (+141.10%)
Jim Simons 170,900 sh (+90.10%)
Jeremy Grantham 15,300 sh (+7.75%)
Chuck Royce 4,426 sh (unchged)
Ken Fisher 12,090 sh (-0.74%)
Pioneer Investments 225,384 sh (-10.67%)
» More
Q2 2015

AMG Guru Trades in Q2 2015

RS Investment Management 14,470 sh (New)
RS Investment Management 14,470 sh (New)
Pioneer Investments 237,555 sh (+5.40%)
Paul Tudor Jones Sold Out
Ken Fisher 12,070 sh (-0.17%)
John Burbank 136,485 sh (-6.08%)
Jeremy Grantham 12,400 sh (-18.95%)
Chuck Royce 3,245 sh (-26.68%)
Jim Simons 38,000 sh (-77.76%)
» More
» Details

Insider Trades

Latest Guru Trades with AMG

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Affiliated Managers Group Inc

Meridian Funds Comments on Affiliated Managers Group Inc - Jun 19, 2014

Affiliated Managers Group, Inc. (AMG) is an asset management company that invests in boutique asset management firms. The stock generated substantial returns during the period due to a favorable market environment, strong performance by many of its affiliated managers, and healthy inflows into the managers’ investment products. Inflows over the trailing 12-month period ending September 30, 2013 exceeded $40B and assets under management reached $508B. Like LKQ, we reduced the Fund’s position in Affiliated Managers Group as it approached our price target and as its market capitalization grew to exceed our $10 billion threshold used to determine when to exit positions.



From Meridian Funds's semi-annual report ended December 31, 2013.



Check out Meridian Funds latest stock trades

Ratios

vs
industry
vs
history
P/E(ttm) 20.59
AMG's P/E(ttm) is ranked lower than
71% of the 1022 Companies
in the Global Asset Management industry.

( Industry Median: 12.70 vs. AMG: 20.59 )
Ranked among companies with meaningful P/E(ttm) only.
AMG' s 10-Year P/E(ttm) Range
Min: 4.8  Med: 30.74 Max: 53.74
Current: 20.59
4.8
53.74
Forward P/E 12.24
AMG's Forward P/E is ranked higher than
55% of the 210 Companies
in the Global Asset Management industry.

( Industry Median: 12.84 vs. AMG: 12.24 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 21.10
AMG's PE(NRI) is ranked lower than
71% of the 1019 Companies
in the Global Asset Management industry.

( Industry Median: 12.80 vs. AMG: 21.10 )
Ranked among companies with meaningful PE(NRI) only.
AMG' s 10-Year PE(NRI) Range
Min: 4.87  Med: 32.05 Max: 53.7
Current: 21.1
4.87
53.7
P/B 3.85
AMG's P/B is ranked lower than
91% of the 1346 Companies
in the Global Asset Management industry.

( Industry Median: 0.92 vs. AMG: 3.85 )
Ranked among companies with meaningful P/B only.
AMG' s 10-Year P/B Range
Min: 0.65  Med: 3.32 Max: 8.22
Current: 3.85
0.65
8.22
P/S 4.35
AMG's P/S is ranked higher than
66% of the 1244 Companies
in the Global Asset Management industry.

( Industry Median: 7.00 vs. AMG: 4.35 )
Ranked among companies with meaningful P/S only.
AMG' s 10-Year P/S Range
Min: 0.57  Med: 3.80 Max: 5.6
Current: 4.35
0.57
5.6
PFCF 9.20
AMG's PFCF is ranked higher than
66% of the 257 Companies
in the Global Asset Management industry.

( Industry Median: 13.44 vs. AMG: 9.20 )
Ranked among companies with meaningful PFCF only.
AMG' s 10-Year PFCF Range
Min: 2.46  Med: 10.95 Max: 26.67
Current: 9.2
2.46
26.67
POCF 9.05
AMG's POCF is ranked higher than
66% of the 725 Companies
in the Global Asset Management industry.

( Industry Median: 15.18 vs. AMG: 9.05 )
Ranked among companies with meaningful POCF only.
AMG' s 10-Year POCF Range
Min: 2.42  Med: 10.72 Max: 24.76
Current: 9.05
2.42
24.76
EV-to-EBIT 9.80
AMG's EV-to-EBIT is ranked higher than
63% of the 970 Companies
in the Global Asset Management industry.

( Industry Median: 13.41 vs. AMG: 9.80 )
Ranked among companies with meaningful EV-to-EBIT only.
AMG' s 10-Year EV-to-EBIT Range
Min: 3.4  Med: 14.35 Max: 24.2
Current: 9.8
3.4
24.2
PEG 1.02
AMG's PEG is ranked higher than
50% of the 174 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. AMG: 1.02 )
Ranked among companies with meaningful PEG only.
AMG' s 10-Year PEG Range
Min: 0.19  Med: 2.96 Max: 42.73
Current: 1.02
0.19
42.73
Shiller P/E 38.04
AMG's Shiller P/E is ranked lower than
84% of the 651 Companies
in the Global Asset Management industry.

( Industry Median: 12.37 vs. AMG: 38.04 )
Ranked among companies with meaningful Shiller P/E only.
AMG' s 10-Year Shiller P/E Range
Min: 5.93  Med: 39.38 Max: 76.47
Current: 38.04
5.93
76.47
Current Ratio 2.21
AMG's Current Ratio is ranked lower than
64% of the 904 Companies
in the Global Asset Management industry.

( Industry Median: 3.93 vs. AMG: 2.21 )
Ranked among companies with meaningful Current Ratio only.
AMG' s 10-Year Current Ratio Range
Min: 0.44  Med: 2.26 Max: 5.35
Current: 2.21
0.44
5.35
Quick Ratio 2.21
AMG's Quick Ratio is ranked lower than
62% of the 904 Companies
in the Global Asset Management industry.

( Industry Median: 3.85 vs. AMG: 2.21 )
Ranked among companies with meaningful Quick Ratio only.
AMG' s 10-Year Quick Ratio Range
Min: 0.44  Med: 2.26 Max: 5.35
Current: 2.21
0.44
5.35
Days Sales Outstanding 68.64
AMG's Days Sales Outstanding is ranked lower than
65% of the 960 Companies
in the Global Asset Management industry.

( Industry Median: 39.31 vs. AMG: 68.64 )
Ranked among companies with meaningful Days Sales Outstanding only.
AMG' s 10-Year Days Sales Outstanding Range
Min: 38.42  Med: 61.33 Max: 168.45
Current: 68.64
38.42
168.45

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 0.78
AMG's Price/Projected FCF is ranked higher than
72% of the 406 Companies
in the Global Asset Management industry.

( Industry Median: 1.06 vs. AMG: 0.78 )
Ranked among companies with meaningful Price/Projected FCF only.
AMG' s 10-Year Price/Projected FCF Range
Min: 0.36  Med: 1.05 Max: 2.14
Current: 0.78
0.36
2.14
Price/DCF (Earnings Based) 2.69
AMG's Price/DCF (Earnings Based) is ranked lower than
90% of the 20 Companies
in the Global Asset Management industry.

( Industry Median: 1.57 vs. AMG: 2.69 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.14
AMG's Price/Median PS Value is ranked lower than
62% of the 1086 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. AMG: 1.14 )
Ranked among companies with meaningful Price/Median PS Value only.
AMG' s 10-Year Price/Median PS Value Range
Min: 0.39  Med: 0.91 Max: 1.49
Current: 1.14
0.39
1.49
Price/Peter Lynch Fair Value 1.11
AMG's Price/Peter Lynch Fair Value is ranked lower than
65% of the 163 Companies
in the Global Asset Management industry.

( Industry Median: 0.74 vs. AMG: 1.11 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
AMG' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.75  Med: 2.94 Max: 6.21
Current: 1.11
0.75
6.21
Earnings Yield (Greenblatt) (%) 10.16
AMG's Earnings Yield (Greenblatt) (%) is ranked higher than
74% of the 1362 Companies
in the Global Asset Management industry.

( Industry Median: 4.70 vs. AMG: 10.16 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
AMG' s 10-Year Earnings Yield (Greenblatt) (%) Range
Min: 4.1  Med: 7.00 Max: 29.7
Current: 10.16
4.1
29.7
Forward Rate of Return (Yacktman) (%) 27.19
AMG's Forward Rate of Return (Yacktman) (%) is ranked higher than
79% of the 449 Companies
in the Global Asset Management industry.

( Industry Median: 6.53 vs. AMG: 27.19 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
AMG' s 10-Year Forward Rate of Return (Yacktman) (%) Range
Min: -3.7  Med: 19.10 Max: 55
Current: 27.19
-3.7
55

Analyst Estimate

Dec15 Dec16 Dec17
Revenue(Mil) 2,620 2,807 2,699
EPS($) 13.44 15.31 17.63
EPS without NRI($) 13.44 15.31 17.63

Business Description

Industry: Asset Management » Asset Management
Compare:AMP, BEN, BLK, BK, TTS » details
Traded in other countries:AFS.Germany,
Affiliated Managers Group Inc., was formed in 1993. The Company is an asset management company with equity investments in a group of boutique investment management firms or Affiliates. Its investment approach provides a degree of liquidity and diversification to main owners of boutique investment management firms, and also addresses the succession and ownership transition issues facing many founders and main owners. The Company's partnership approach also ensures that Affiliates maintain operational autonomy in managing their business, thereby preserving their firm's entrepreneurial culture and independence. The Company assists its Affiliates in in the United States and globally, developing new products and providing strategic support and enhanced operational capabilities. In its mutual fund distribution channel, the Company provides advisory or sub-advisory services to mutual funds and other retail-oriented products. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, fund marketplaces and bank trust departments. Through its distribution platform, the Company provides access to the U.S. mutual fund wholesale distribution channel and wrap sponsor platforms, and provide its Affiliates with a single point of contact for retail intermediaries such as banks, brokerage firms and other sponsored platforms. Through its Affiliates, the Company provides advisory services to ultra-high net worth individuals, families and charitable foundations. Direct services to these clients include customized investment counseling, investment management and fiduciary services. AMG Wealth Partners to extend and tailor its partnership approach to equity investments in ultra-high net worth wealth management firms. Additionally, the Company provides advisory services to high net worth individuals through managed account relationships with intermediaries such as brokerage firms. Through its distribution platform, the Company provides its Affiliates with enhanced managed account distribution and administration capabilities to individual managed account clients. In each of the Company's three main distribution channels, the Company and its Affiliates compete with a large number of other domestic and foreign investment management firms, as well as subsidiaries of larger financial organizations. The Company's Affiliates' businesses are subject to complex and extensive regulation by various regulatory authorities in jurisdictions.
» More Articles for AMG

Headlines

Articles On GuruFocus.com
Kaizen Discovery Enters Into Definitive Acquisition Agreement With AM Gold to Acquire the Pinaya Cop Jul 06 2015 
A Bullish Outlook For Affiliated Managers Group Jul 02 2015 
Weekly Insider Sells Highlight: CMCSA, AMG, SKX, AVGO Jun 15 2015 
Weekly CFO Sells Highlight: Comcast Corp, Affiliated Managers Group Inc, and Gilead Sciences Inc. Jun 16 2015 
Amgen’s Q1 Earnings Paints An Overall Positive Image To Investors Apr 22 2015 
Weekly 52-Week Highs Highlight: KMR, ALV, AMG, DCM Apr 20 2015 
Triple Screen Winner: Westwood Holding Group Mar 23 2015 
Size and Scale of Affiliated Managers' Operations Will Increase Oct 03 2014 
S&P 500 Finishes Above 2,000 Aug 27 2014 
Weekly CFO Sells Highlight: Equity Residential, Affiliated Managers Group Inc, CVS Caremark Corp. Aug 10 2014 

More From Other Websites
AFFILIATED MANAGERS GROUP, INC. Financials Aug 11 2015
Affiliated Managers Group, Inc. Earnings Q2*, 2015 Aug 11 2015
Ameriprise Financial, Inc. Earnings Q2*, 2015 Aug 10 2015
10 Financial Stocks To Own Ahead Of A Fed Rate Hike: Credit Suisse Aug 07 2015
10-Q for Affiliated Managers Group, Inc. Aug 06 2015
AFFILIATED MANAGERS GROUP, INC. Files SEC form 10-Q, Quarterly Report Aug 04 2015
Affiliated Managers (AMG) Earnings Report: Q2 2015 Conference Call Transcript Jul 29 2015
Edited Transcript of AMG earnings conference call or presentation 28-Jul-15 3:00pm GMT Jul 28 2015
Affiliated Managers (AMG) Stock Falls on Earnings Results Jul 28 2015
Affiliated Managers (AMG) Tops Q2 Earnings, Costs Rise - Analyst Blog Jul 28 2015
Affiliated Managers Beats Q2 Earnings, Revenues Up Y/Y - Tale of the Tape Jul 28 2015
Affiliated Managers tops 2Q profit forecasts Jul 28 2015
Affiliated Managers tops 2Q profit forecasts Jul 28 2015
AMG Reports Financial and Operating Results for the Second Quarter and First Half of 2015 Jul 28 2015
Q2 2015 Affiliated Managers Group Inc Earnings Release - Before Market Open Jul 28 2015
Will Affiliated Managers Q2 Earnings Lag on Higher Costs? - Analyst Blog Jul 27 2015
Affiliated Managers (AMG) Stock Declining Ahead of Earnings Release Jul 27 2015
AMG to Announce Second Quarter Results on July 28, 2015 Jul 21 2015
AMG Wealth Partners Announces Investment in myCIO Wealth Partners Jul 13 2015
4 Jefferies Top Value Stocks to Buy Now Jul 07 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK