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Also traded in: Germany

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 0.48
AMG's Cash to Debt is ranked lower than
87% of the 1391 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. AMG: 0.48 )
Ranked among companies with meaningful Cash to Debt only.
AMG' s Cash to Debt Range Over the Past 10 Years
Min: 0.06  Med: 0.31 Max: 2.04
Current: 0.48
0.06
2.04
Equity to Asset 0.36
AMG's Equity to Asset is ranked lower than
86% of the 1435 Companies
in the Global Asset Management industry.

( Industry Median: 0.85 vs. AMG: 0.36 )
Ranked among companies with meaningful Equity to Asset only.
AMG' s Equity to Asset Range Over the Past 10 Years
Min: 0.14  Med: 0.36 Max: 0.62
Current: 0.36
0.14
0.62
Interest Coverage 9.38
AMG's Interest Coverage is ranked lower than
76% of the 1181 Companies
in the Global Asset Management industry.

( Industry Median: 176.69 vs. AMG: 9.38 )
Ranked among companies with meaningful Interest Coverage only.
AMG' s Interest Coverage Range Over the Past 10 Years
Min: 3.07  Med: 5.93 Max: 10.64
Current: 9.38
3.07
10.64
F-Score: 6
Z-Score: 2.55
M-Score: -3.14
WACC vs ROIC
10.87%
17.40%
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 (%) 33.61
AMG's Operating margin (%) is ranked lower than
58% of the 1462 Companies
in the Global Asset Management industry.

( Industry Median: 48.70 vs. AMG: 33.61 )
Ranked among companies with meaningful Operating margin (%) only.
AMG' s Operating margin (%) Range Over the Past 10 Years
Min: 22.18  Med: 28.74 Max: 38.78
Current: 33.61
22.18
38.78
Net-margin (%) 20.77
AMG's Net-margin (%) is ranked lower than
59% of the 1468 Companies
in the Global Asset Management industry.

( Industry Median: 38.56 vs. AMG: 20.77 )
Ranked among companies with meaningful Net-margin (%) only.
AMG' s Net-margin (%) Range Over the Past 10 Years
Min: -0.11  Med: 11.57 Max: 20.77
Current: 20.77
-0.11
20.77
ROE (%) 19.49
AMG's ROE (%) is ranked higher than
90% of the 1540 Companies
in the Global Asset Management industry.

( Industry Median: 3.12 vs. AMG: 19.49 )
Ranked among companies with meaningful ROE (%) only.
AMG' s ROE (%) Range Over the Past 10 Years
Min: -0.19  Med: 13.31 Max: 37.58
Current: 19.49
-0.19
37.58
ROA (%) 6.76
AMG's ROA (%) is ranked higher than
77% of the 1561 Companies
in the Global Asset Management industry.

( Industry Median: 1.95 vs. AMG: 6.76 )
Ranked among companies with meaningful ROA (%) only.
AMG' s ROA (%) Range Over the Past 10 Years
Min: -0.04  Med: 4.49 Max: 6.67
Current: 6.76
-0.04
6.67
ROC (Joel Greenblatt) (%) 1158.52
AMG's ROC (Joel Greenblatt) (%) is ranked higher than
87% of the 919 Companies
in the Global Asset Management industry.

( Industry Median: 27.33 vs. AMG: 1158.52 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
AMG' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 317.45  Med: 727.78 Max: 1161.53
Current: 1158.52
317.45
1161.53
Revenue Growth (3Y)(%) 8.40
AMG's Revenue Growth (3Y)(%) is ranked higher than
59% of the 935 Companies
in the Global Asset Management industry.

( Industry Median: 3.20 vs. AMG: 8.40 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
AMG' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -21.6  Med: 11.60 Max: 44.6
Current: 8.4
-21.6
44.6
EBITDA Growth (3Y)(%) 16.70
AMG's EBITDA Growth (3Y)(%) is ranked higher than
66% of the 798 Companies
in the Global Asset Management industry.

( Industry Median: 4.10 vs. AMG: 16.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
AMG' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -17.3  Med: 11.70 Max: 68.6
Current: 16.7
-17.3
68.6
EPS Growth (3Y)(%) 40.10
AMG's EPS Growth (3Y)(%) is ranked higher than
77% of the 728 Companies
in the Global Asset Management industry.

( Industry Median: 6.70 vs. AMG: 40.10 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
AMG' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -25.7  Med: 24.20 Max: 51.2
Current: 40.1
-25.7
51.2
» AMG's 10-Y Financials

Financials


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

» Details

Guru Trades

Q2 2015

AMG Guru Trades in Q2 2015

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
Q3 2015

AMG Guru Trades in Q3 2015

Joel Greenblatt 1,230 sh (New)
Paul Tudor Jones 2,593 sh (New)
Ray Dalio 1,854 sh (New)
Jim Simons 214,200 sh (+463.68%)
RS Investment Management 21,670 sh (+49.76%)
Chuck Royce 3,245 sh (unchged)
John Burbank Sold Out
Ken Fisher 4,298 sh (-64.39%)
Jeremy Grantham 4,295 sh (-65.36%)
Pioneer Investments 75,818 sh (-68.08%)
» More
Q4 2015

AMG Guru Trades in Q4 2015

Steven Cohen 106,200 sh (New)
Ruane Cunniff 5,120 sh (New)
Louis Moore Bacon 105,000 sh (New)
Joel Greenblatt 14,859 sh (+1108.05%)
Pioneer Investments 98,337 sh (+29.70%)
Paul Tudor Jones 3,322 sh (+28.11%)
Ken Fisher 4,449 sh (+3.51%)
Chuck Royce 3,245 sh (unchged)
Ray Dalio Sold Out
RS Investment Management Sold Out
Jeremy Grantham Sold Out
Jim Simons 57,400 sh (-73.20%)
» More
Q1 2016

AMG Guru Trades in Q1 2016

Ken Fisher 38,841 sh (+773.03%)
» More
» Details

Insider Trades

Latest Guru Trades with AMG

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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) 18.83
AMG's P/E(ttm) is ranked lower than
59% of the 1026 Companies
in the Global Asset Management industry.

( Industry Median: 15.43 vs. AMG: 18.83 )
Ranked among companies with meaningful P/E(ttm) only.
AMG' s P/E(ttm) Range Over the Past 10 Years
Min: 4.8  Med: 30.26 Max: 53.74
Current: 18.83
4.8
53.74
Forward P/E 11.96
AMG's Forward P/E is ranked lower than
54% of the 144 Companies
in the Global Asset Management industry.

( Industry Median: 11.59 vs. AMG: 11.96 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 19.13
AMG's PE(NRI) is ranked lower than
60% of the 1030 Companies
in the Global Asset Management industry.

( Industry Median: 15.56 vs. AMG: 19.13 )
Ranked among companies with meaningful PE(NRI) only.
AMG' s PE(NRI) Range Over the Past 10 Years
Min: 4.87  Med: 31.99 Max: 53.7
Current: 19.13
4.87
53.7
Price/Owner Earnings (ttm) 11.73
AMG's Price/Owner Earnings (ttm) is ranked lower than
51% of the 325 Companies
in the Global Asset Management industry.

( Industry Median: 11.48 vs. AMG: 11.73 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
AMG' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 3.35  Med: 17.90 Max: 60.38
Current: 11.73
3.35
60.38
P/B 3.35
AMG's P/B is ranked lower than
90% of the 1504 Companies
in the Global Asset Management industry.

( Industry Median: 0.96 vs. AMG: 3.35 )
Ranked among companies with meaningful P/B only.
AMG' s P/B Range Over the Past 10 Years
Min: 0.65  Med: 3.38 Max: 8.22
Current: 3.35
0.65
8.22
P/S 4.01
AMG's P/S is ranked higher than
65% of the 1250 Companies
in the Global Asset Management industry.

( Industry Median: 6.93 vs. AMG: 4.01 )
Ranked among companies with meaningful P/S only.
AMG' s P/S Range Over the Past 10 Years
Min: 0.6  Med: 3.83 Max: 5.46
Current: 4.01
0.6
5.46
PFCF 8.53
AMG's PFCF is ranked higher than
72% of the 238 Companies
in the Global Asset Management industry.

( Industry Median: 13.06 vs. AMG: 8.53 )
Ranked among companies with meaningful PFCF only.
AMG' s PFCF Range Over the Past 10 Years
Min: 2.41  Med: 10.47 Max: 26.77
Current: 8.53
2.41
26.77
POCF 8.25
AMG's POCF is ranked higher than
69% of the 734 Companies
in the Global Asset Management industry.

( Industry Median: 14.75 vs. AMG: 8.25 )
Ranked among companies with meaningful POCF only.
AMG' s POCF Range Over the Past 10 Years
Min: 2.37  Med: 10.23 Max: 24.82
Current: 8.25
2.37
24.82
EV-to-EBIT 9.61
AMG's EV-to-EBIT is ranked higher than
61% of the 984 Companies
in the Global Asset Management industry.

( Industry Median: 13.10 vs. AMG: 9.61 )
Ranked among companies with meaningful EV-to-EBIT only.
AMG' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.9  Med: 12.80 Max: 23.8
Current: 9.61
2.9
23.8
EV-to-EBITDA 8.59
AMG's EV-to-EBITDA is ranked higher than
63% of the 990 Companies
in the Global Asset Management industry.

( Industry Median: 12.03 vs. AMG: 8.59 )
Ranked among companies with meaningful EV-to-EBITDA only.
AMG' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.6  Med: 10.90 Max: 20.7
Current: 8.59
2.6
20.7
PEG 1.15
AMG's PEG is ranked higher than
50% of the 213 Companies
in the Global Asset Management industry.

( Industry Median: 1.12 vs. AMG: 1.15 )
Ranked among companies with meaningful PEG only.
AMG' s PEG Range Over the Past 10 Years
Min: 0.22  Med: 2.73 Max: 13.65
Current: 1.15
0.22
13.65
Shiller P/E 39.69
AMG's Shiller P/E is ranked lower than
87% of the 371 Companies
in the Global Asset Management industry.

( Industry Median: 15.27 vs. AMG: 39.69 )
Ranked among companies with meaningful Shiller P/E only.
AMG' s Shiller P/E Range Over the Past 10 Years
Min: 6.83  Med: 41.52 Max: 72.51
Current: 39.69
6.83
72.51
Current Ratio 1.79
AMG's Current Ratio is ranked lower than
67% of the 1007 Companies
in the Global Asset Management industry.

( Industry Median: 3.99 vs. AMG: 1.79 )
Ranked among companies with meaningful Current Ratio only.
AMG' s Current Ratio Range Over the Past 10 Years
Min: 0.44  Med: 1.91 Max: 3.35
Current: 1.79
0.44
3.35
Quick Ratio 1.79
AMG's Quick Ratio is ranked lower than
65% of the 1007 Companies
in the Global Asset Management industry.

( Industry Median: 3.91 vs. AMG: 1.79 )
Ranked among companies with meaningful Quick Ratio only.
AMG' s Quick Ratio Range Over the Past 10 Years
Min: 0.44  Med: 1.91 Max: 3.35
Current: 1.79
0.44
3.35
Days Sales Outstanding 57.47
AMG's Days Sales Outstanding is ranked lower than
62% of the 500 Companies
in the Global Asset Management industry.

( Industry Median: 34.59 vs. AMG: 57.47 )
Ranked among companies with meaningful Days Sales Outstanding only.
AMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.31  Med: 62.36 Max: 74.82
Current: 57.47
41.31
74.82

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 0.65
AMG's Price/Projected FCF is ranked higher than
77% of the 281 Companies
in the Global Asset Management industry.

( Industry Median: 1.08 vs. AMG: 0.65 )
Ranked among companies with meaningful Price/Projected FCF only.
AMG' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.35  Med: 1.00 Max: 1.74
Current: 0.65
0.35
1.74
Price/DCF (Earnings Based) 1.79
AMG's Price/DCF (Earnings Based) is ranked lower than
88% of the 17 Companies
in the Global Asset Management industry.

( Industry Median: 0.89 vs. AMG: 1.79 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.05
AMG's Price/Median PS Value is ranked lower than
54% of the 826 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. AMG: 1.05 )
Ranked among companies with meaningful Price/Median PS Value only.
AMG' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.28  Med: 0.93 Max: 1.44
Current: 1.05
0.28
1.44
Price/Peter Lynch Fair Value 1.10
AMG's Price/Peter Lynch Fair Value is ranked lower than
59% of the 107 Companies
in the Global Asset Management industry.

( Industry Median: 0.96 vs. AMG: 1.10 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
AMG' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 1.01  Med: 2.62 Max: 4.93
Current: 1.1
1.01
4.93
Earnings Yield (Greenblatt) (%) 10.41
AMG's Earnings Yield (Greenblatt) (%) is ranked higher than
73% of the 1428 Companies
in the Global Asset Management industry.

( Industry Median: 4.30 vs. AMG: 10.41 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
AMG' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.2  Med: 7.80 Max: 34.1
Current: 10.41
4.2
34.1
Forward Rate of Return (Yacktman) (%) 26.82
AMG's Forward Rate of Return (Yacktman) (%) is ranked higher than
80% of the 375 Companies
in the Global Asset Management industry.

( Industry Median: 6.47 vs. AMG: 26.82 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
AMG' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 3.7  Med: 20.00 Max: 50.2
Current: 26.82
3.7
50.2

More Statistics

Revenue(Mil) $2485
EPS $ 9.23
Beta1.39
Short Percentage of Float2.66%
52-Week Range $115.97 - 230.63
Shares Outstanding(Mil)54.01

Analyst Estimate

Dec16 Dec17 Dec18
Revenue(Mil) 2,454 2,502 2,620
EPS($) 13.43 14.96 17.46
EPS without NRI($) 13.43 14.96 17.46

Business Description

Industry: Asset Management » Asset Management
Compare:NYSE:BLK, NYSE:BK, NYSE:BX, OSTO:INVE B, NYSE:STT, NYSE:BEN » 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

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Widely Undervalued Stocks Trading Below Peter Lynch Value Feb 22 2016 
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 

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Affiliated Managers upgraded by Citigroup Apr 25 2016
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Affiliated Managers Is Trading at a Discount: Can It Be a Value Buy? Apr 04 2016
Affiliated Managers Deploys Leverage for Generating Returns Apr 04 2016
AMG Managers Real Estate Securities Fund Wins 2016 Lipper Award Apr 04 2016
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AFFILIATED MANAGERS GROUP, INC. Financials Mar 01 2016
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AMG Declined 40% in a Year on Client Withdrawals Feb 18 2016

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