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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 : 5/10

vs
industry
vs
history
Cash to Debt 0.55
APAM's Cash to Debt is ranked lower than
78% of the 1540 Companies
in the Global Asset Management industry.

( Industry Median: 9999.00 vs. APAM: 0.55 )
Ranked among companies with meaningful Cash to Debt only.
APAM' s Cash to Debt Range Over the Past 10 Years
Min: 0.41  Med: 1.14 Max: N/A
Current: 0.55
Equity to Asset 0.13
APAM's Equity to Asset is ranked lower than
94% of the 1418 Companies
in the Global Asset Management industry.

( Industry Median: 0.84 vs. APAM: 0.13 )
Ranked among companies with meaningful Equity to Asset only.
APAM' s Equity to Asset Range Over the Past 10 Years
Min: -3.73  Med: 0.1 Max: 0.14
Current: 0.13
-3.73
0.14
Interest Coverage 20.73
APAM's Interest Coverage is ranked lower than
68% of the 1336 Companies
in the Global Asset Management industry.

( Industry Median: 765.28 vs. APAM: 20.73 )
Ranked among companies with meaningful Interest Coverage only.
APAM' s Interest Coverage Range Over the Past 10 Years
Min: 2.84  Med: 6.26 Max: 26.52
Current: 20.73
2.84
26.52
F-Score: 4
Z-Score: 2.57
M-Score: -3.43
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 : 6/10

vs
industry
vs
history
Operating margin (%) 33.00
APAM's Operating margin (%) is ranked lower than
57% of the 1435 Companies
in the Global Asset Management industry.

( Industry Median: 47.12 vs. APAM: 33.00 )
Ranked among companies with meaningful Operating margin (%) only.
APAM' s Operating margin (%) Range Over the Past 10 Years
Min: -38.09  Med: 24.68 Max: 37.03
Current: 33
-38.09
37.03
Net-margin (%) 10.09
APAM's Net-margin (%) is ranked lower than
67% of the 1438 Companies
in the Global Asset Management industry.

( Industry Median: 36.46 vs. APAM: 10.09 )
Ranked among companies with meaningful Net-margin (%) only.
APAM' s Net-margin (%) Range Over the Past 10 Years
Min: 3.62  Med: 10.16 Max: 16.28
Current: 10.09
3.62
16.28
ROE (%) 48.53
APAM's ROE (%) is ranked higher than
98% of the 1542 Companies
in the Global Asset Management industry.

( Industry Median: 3.80 vs. APAM: 48.53 )
Ranked among companies with meaningful ROE (%) only.
APAM' s ROE (%) Range Over the Past 10 Years
Min: -128.67  Med: -13.32 Max: 54.6
Current: 48.53
-128.67
54.6
ROA (%) 7.44
APAM's ROA (%) is ranked higher than
75% of the 1573 Companies
in the Global Asset Management industry.

( Industry Median: 2.05 vs. APAM: 7.44 )
Ranked among companies with meaningful ROA (%) only.
APAM' s ROA (%) Range Over the Past 10 Years
Min: 5.71  Med: 9.73 Max: 33.09
Current: 7.44
5.71
33.09
ROC (Joel Greenblatt) (%) 1306.26
APAM's ROC (Joel Greenblatt) (%) is ranked higher than
89% of the 938 Companies
in the Global Asset Management industry.

( Industry Median: 35.75 vs. APAM: 1306.26 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
APAM' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: -2230.01  Med: 1092.34 Max: 2359.79
Current: 1306.26
-2230.01
2359.79
Revenue Growth (3Y)(%) 43.50
APAM's Revenue Growth (3Y)(%) is ranked higher than
88% of the 1002 Companies
in the Global Asset Management industry.

( Industry Median: 0.40 vs. APAM: 43.50 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
APAM' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 43.5
Current: 43.5
0
43.5
EBITDA Growth (3Y)(%) 107.10
APAM's EBITDA Growth (3Y)(%) is ranked higher than
96% of the 842 Companies
in the Global Asset Management industry.

( Industry Median: -0.10 vs. APAM: 107.10 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
APAM' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 107.1
Current: 107.1
0
107.1
GuruFocus has detected 4 Warning Signs with Artisan Partners Asset Management Inc $APAM.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» APAM's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2016

APAM Guru Trades in Q1 2016

Ken Fisher 1,856,828 sh (+62.68%)
Chuck Royce 1,182,200 sh (-31.29%)
Ron Baron 1,167,354 sh (-37.62%)
Jim Simons 38,400 sh (-64.74%)
» More
Q2 2016

APAM Guru Trades in Q2 2016

Ken Fisher 1,856,838 sh (unchged)
Ron Baron 1,050,956 sh (-9.97%)
Chuck Royce 959,200 sh (-18.86%)
Jim Simons 7,900 sh (-79.43%)
» More
Q3 2016

APAM Guru Trades in Q3 2016

Jim Simons 229,500 sh (+2805.06%)
Ken Fisher 1,880,562 sh (+1.28%)
Chuck Royce 898,370 sh (-6.34%)
Ron Baron 49,956 sh (-95.25%)
» More
Q4 2016

APAM Guru Trades in Q4 2016

Ken Fisher 1,820,328 sh (-3.20%)
» More
» Details

Insider Trades

Latest Guru Trades with APAM

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Business Description

Industry: Asset Management » Asset Management    NAICS: 523920    SIC: 6282
Compare:NAS:FNGN, NYSE:AB, NYSE:NZF, NYSE:MAIN, OTCPK:GMHLY, OTCPK:AJMPF, NYSE:JNS, NYSE:FIG, OTCPK:AZIHY, OTCPK:ITRUF, OTCPK:MNGPY, NYSE:OMAM, NYSE:CNS, AMEX:EVV, NYSE:OZM, NYSE:WDR, NAS:WETF, OTCPK:TOKTY, OTCPK:VPGLF, NYSE:FII » details
Traded in other countries:AP0.Germany,
Artisan Partners Asset Management Inc is an independent investment management firm. The Company provides equity investment strategies spanning different market capitalization segments and investing styles in both U.S. and non-U.S. markets.

Artisan Partners Asset Management Inc was incorporated in Wisconsin on March 21, 2011 and converted to a Delaware corporation on October 29, 2012. The Company is an independent investment management firm that provides a range of 13 equity investment strategies spanning different market capitalization segments and investing styles in both U.S. and non-U.S. markets. The Company manages separate accounts for pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, governmental entities, investment companies and similar pooled investment vehicles, and also provide investment management and administrative services to Artisan Funds, an SEC-registered family of mutual funds.

Guru Investment Theses on Artisan Partners Asset Management Inc

Baron Funds Comments on Artisan Partners Asset Management - Feb 05, 2016

Artisan Partners Asset Management, Inc. (NYSE:APAM), an investment manager, was formed in 1994 with a “lift out” strategy to attract top investing talent. While the corporate office focuses primarily on the distribution of a variety of the investment products, the investment professionals operate independently and autonomously. This relatively unique format has resulted in strong long-term performing products and a successful sales effort as the firm has grown to approximately $100 billion in client assets. Recent underperformance of key products, however, has led the stock to sell at what we feel are attractive prices given its long-term investment returns and its distribution force. Additionally, the company has been adding new teams in credit and developing world strategies, which is penalizing near-term profitability. However, we believe these strategies have the ability to add sizable revenue streams while also diversifying the business. (Michael Baron)



From Ron Baron (Trades, Portfolio)'s Growth Fund fourth quarter shareholder letter.

Check out Ron Baron latest stock trades

Top Ranked Articles about Artisan Partners Asset Management Inc

Baron Funds Comments on Artisan Partners Asset Management Guru stock highlight
Artisan Partners Asset Management, Inc. (NYSE:APAM), an investment manager, was formed in 1994 with a “lift out” strategy to attract top investing talent. While the corporate office focuses primarily on the distribution of a variety of the investment products, the investment professionals operate independently and autonomously. This relatively unique format has resulted in strong long-term performing products and a successful sales effort as the firm has grown to approximately $100 billion in client assets. Recent underperformance of key products, however, has led the stock to sell at what we feel are attractive prices given its long-term investment returns and its distribution force. Additionally, the company has been adding new teams in credit and developing world strategies, which is penalizing near-term profitability. However, we believe these strategies have the ability to add sizable revenue streams while also diversifying the business. (Michael Baron) Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 17.81
APAM's P/E(ttm) is ranked lower than
61% of the 1065 Companies
in the Global Asset Management industry.

( Industry Median: 14.07 vs. APAM: 17.81 )
Ranked among companies with meaningful P/E(ttm) only.
APAM' s P/E(ttm) Range Over the Past 10 Years
Min: 13.58  Med: 19.65 Max: 260.63
Current: 17.81
13.58
260.63
PE(NRI) 17.81
APAM's PE(NRI) is ranked lower than
59% of the 1077 Companies
in the Global Asset Management industry.

( Industry Median: 14.42 vs. APAM: 17.81 )
Ranked among companies with meaningful PE(NRI) only.
APAM' s PE(NRI) Range Over the Past 10 Years
Min: 13.58  Med: 19.65 Max: 260.63
Current: 17.81
13.58
260.63
Price/Owner Earnings (ttm) 11.62
APAM's Price/Owner Earnings (ttm) is ranked higher than
54% of the 342 Companies
in the Global Asset Management industry.

( Industry Median: 12.83 vs. APAM: 11.62 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
APAM' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 9.37  Med: 12.15 Max: 14.6
Current: 11.62
9.37
14.6
P/B 16.98
APAM's P/B is ranked lower than
99% of the 1522 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. APAM: 16.98 )
Ranked among companies with meaningful P/B only.
APAM' s P/B Range Over the Past 10 Years
Min: 14.18  Med: 29.21 Max: 558.89
Current: 16.98
14.18
558.89
P/S 1.47
APAM's P/S is ranked higher than
86% of the 1196 Companies
in the Global Asset Management industry.

( Industry Median: 6.93 vs. APAM: 1.47 )
Ranked among companies with meaningful P/S only.
APAM' s P/S Range Over the Past 10 Years
Min: 1.09  Med: 1.49 Max: 4.21
Current: 1.47
1.09
4.21
PFCF 4.00
APAM's PFCF is ranked higher than
84% of the 245 Companies
in the Global Asset Management industry.

( Industry Median: 16.45 vs. APAM: 4.00 )
Ranked among companies with meaningful PFCF only.
APAM' s PFCF Range Over the Past 10 Years
Min: 2.77  Med: 3.83 Max: 19.69
Current: 4
2.77
19.69
POCF 3.86
APAM's POCF is ranked higher than
84% of the 746 Companies
in the Global Asset Management industry.

( Industry Median: 16.65 vs. APAM: 3.86 )
Ranked among companies with meaningful POCF only.
APAM' s POCF Range Over the Past 10 Years
Min: 2.71  Med: 3.72 Max: 18.78
Current: 3.86
2.71
18.78
EV-to-EBIT 9.64
APAM's EV-to-EBIT is ranked higher than
61% of the 1007 Companies
in the Global Asset Management industry.

( Industry Median: 13.23 vs. APAM: 9.64 )
Ranked among companies with meaningful EV-to-EBIT only.
APAM' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.4  Med: 4.6 Max: 9.64
Current: 9.64
-5.4
9.64
EV-to-EBITDA 9.44
APAM's EV-to-EBITDA is ranked higher than
59% of the 1028 Companies
in the Global Asset Management industry.

( Industry Median: 12.39 vs. APAM: 9.44 )
Ranked among companies with meaningful EV-to-EBITDA only.
APAM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -5.5  Med: 4.5 Max: 9.44
Current: 9.44
-5.5
9.44
Current Ratio 0.42
APAM's Current Ratio is ranked lower than
94% of the 1051 Companies
in the Global Asset Management industry.

( Industry Median: 4.34 vs. APAM: 0.42 )
Ranked among companies with meaningful Current Ratio only.
APAM' s Current Ratio Range Over the Past 10 Years
Min: 0.32  Med: 0.54 Max: 3.58
Current: 0.42
0.32
3.58
Quick Ratio 0.42
APAM's Quick Ratio is ranked lower than
93% of the 1051 Companies
in the Global Asset Management industry.

( Industry Median: 4.24 vs. APAM: 0.42 )
Ranked among companies with meaningful Quick Ratio only.
APAM' s Quick Ratio Range Over the Past 10 Years
Min: 0.32  Med: 0.54 Max: 3.58
Current: 0.42
0.32
3.58
Days Sales Outstanding 33.51
APAM's Days Sales Outstanding is ranked higher than
58% of the 486 Companies
in the Global Asset Management industry.

( Industry Median: 43.93 vs. APAM: 33.51 )
Ranked among companies with meaningful Days Sales Outstanding only.
APAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.22  Med: 35.07 Max: 40.87
Current: 33.51
27.22
40.87

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 8.32
APAM's Dividend Yield is ranked higher than
85% of the 1484 Companies
in the Global Asset Management industry.

( Industry Median: 4.19 vs. APAM: 8.32 )
Ranked among companies with meaningful Dividend Yield only.
APAM' s Dividend Yield Range Over the Past 10 Years
Min: 0.69  Med: 4.92 Max: 9.64
Current: 8.32
0.69
9.64
Dividend Payout 1.47
APAM's Dividend Payout is ranked lower than
56% of the 842 Companies
in the Global Asset Management industry.

( Industry Median: 0.60 vs. APAM: 1.47 )
Ranked among companies with meaningful Dividend Payout only.
APAM' s Dividend Payout Range Over the Past 10 Years
Min: 1.29  Med: 1.29 Max: 1.47
Current: 1.47
1.29
1.47
Forward Dividend Yield 8.32
APAM's Forward Dividend Yield is ranked higher than
82% of the 1384 Companies
in the Global Asset Management industry.

( Industry Median: 4.58 vs. APAM: 8.32 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 8.32
APAM's Yield on cost (5-Year) is ranked higher than
78% of the 1715 Companies
in the Global Asset Management industry.

( Industry Median: 4.88 vs. APAM: 8.32 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
APAM' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 0.69  Med: 4.9 Max: 9.64
Current: 8.32
0.69
9.64
3-Year Average Share Buyback Ratio -3.70
APAM's 3-Year Average Share Buyback Ratio is ranked lower than
62% of the 867 Companies
in the Global Asset Management industry.

( Industry Median: -1.40 vs. APAM: -3.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
APAM' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -3.7  Med: 0 Max: 0
Current: -3.7
-3.7
0

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 16.97
APAM's Price/Tangible Book is ranked lower than
98% of the 1458 Companies
in the Global Asset Management industry.

( Industry Median: 1.00 vs. APAM: 16.97 )
Ranked among companies with meaningful Price/Tangible Book only.
APAM' s Price/Tangible Book Range Over the Past 10 Years
Min: 16.01  Med: 29.61 Max: 517.38
Current: 16.97
16.01
517.38
Price/Projected FCF 0.52
APAM's Price/Projected FCF is ranked higher than
86% of the 487 Companies
in the Global Asset Management industry.

( Industry Median: 1.02 vs. APAM: 0.52 )
Ranked among companies with meaningful Price/Projected FCF only.
APAM' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.49  Med: 0.54 Max: 0.63
Current: 0.52
0.49
0.63
Price/Median PS Value 0.99
APAM's Price/Median PS Value is ranked higher than
56% of the 789 Companies
in the Global Asset Management industry.

( Industry Median: 1.03 vs. APAM: 0.99 )
Ranked among companies with meaningful Price/Median PS Value only.
APAM' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.88  Med: 0.96 Max: 2.25
Current: 0.99
0.88
2.25
Price/Graham Number 3.67
APAM's Price/Graham Number is ranked lower than
94% of the 953 Companies
in the Global Asset Management industry.

( Industry Median: 0.86 vs. APAM: 3.67 )
Ranked among companies with meaningful Price/Graham Number only.
APAM' s Price/Graham Number Range Over the Past 10 Years
Min: 3.46  Med: 4.04 Max: 5.45
Current: 3.67
3.46
5.45
Earnings Yield (Greenblatt) (%) 10.40
APAM's Earnings Yield (Greenblatt) (%) is ranked higher than
73% of the 1455 Companies
in the Global Asset Management industry.

( Industry Median: 4.40 vs. APAM: 10.40 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
APAM' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 10.4  Med: 20.45 Max: 30.1
Current: 10.4
10.4
30.1

More Statistics

Revenue (TTM) (Mil) $731.4
EPS (TTM) $ 1.62
Beta1.62
Short Percentage of Float10.76%
52-Week Range $23.65 - 35.00
Shares Outstanding (Mil)74.40
» More Articles for APAM

Headlines

Articles On GuruFocus.com
Baron Funds Comments on Artisan Partners Asset Management Feb 05 2016 
Optimistic Chuck Royce's Top Q2 New Stocks Aug 06 2013 
Chuck Royce’s Top 5 New Q1 Purchases Apr 18 2013 
American Insider Trades: March 8-15 Mar 15 2013 

More From Other Websites
Artisan Partners Asset Management, Inc. breached its 50 day moving average in a Bearish Manner :... Jan 13 2017
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Artisan Partners Asset Management Inc. Reports December 2016 Assets Under Management Jan 11 2017
Artisan Partners Asset Mgmt downgraded by Goldman Jan 04 2017
ARTISAN PARTNERS ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events Dec 09 2016
Artisan Partners Asset Management Inc. Reports November 2016 Assets Under Management Dec 09 2016
Hedge Funds Are Betting On INC Research Holdings Inc (INCR) Nov 26 2016
Artisan Partners Asset Management Inc. Announces Updates on the Artisan U.S. Mid-Cap Value Strategy... Nov 18 2016
Artisan Partners Asset Management Inc. Announces Updates on the Artisan U.S. Mid-Cap Value Strategy... Nov 18 2016
ETFs with exposure to Artisan Partners Asset Management, Inc. : November 15, 2016 Nov 15 2016
Artisan Partners Asset Management, Inc. breached its 50 day moving average in a Bullish Manner :... Nov 14 2016
Artisan Partners Asset Management Inc. Reports October 2016 Assets Under Management Nov 09 2016
ARTISAN PARTNERS ASSET MANAGEMENT INC. Files SEC form 8-K, Other Events Nov 09 2016
Artisan Partners Asset Management Inc. Reports October 2016 Assets Under Management Nov 09 2016
ARTISAN PARTNERS ASSET MANAGEMENT INC. Financials Nov 08 2016
ARTISAN PARTNERS ASSET MANAGEMENT INC. Files SEC form 10-Q, Quarterly Report Nov 01 2016
Edited Transcript of APAM earnings conference call or presentation 1-Nov-16 3:00pm GMT Nov 01 2016
Artisan Partners Asset Management Inc. Reports 3Q16 Results Oct 31 2016
ARTISAN PARTNERS ASSET MANAGEMENT INC. Files SEC form 8-K, Results of Operations and Financial... Oct 31 2016
Artisan Partners Asset Management Inc. Reports 3Q16 Results Oct 31 2016

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