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AssetMark Financial Holdings (AssetMark Financial Holdings) EV-to-EBITDA : 9.95 (As of May. 14, 2024)


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What is AssetMark Financial Holdings EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, AssetMark Financial Holdings's enterprise value is $2,380.8 Mil. AssetMark Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $239.3 Mil. Therefore, AssetMark Financial Holdings's EV-to-EBITDA for today is 9.95.

The historical rank and industry rank for AssetMark Financial Holdings's EV-to-EBITDA or its related term are showing as below:

AMK' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.07   Med: 23.01   Max: 83.42
Current: 9.95

During the past 7 years, the highest EV-to-EBITDA of AssetMark Financial Holdings was 83.42. The lowest was 8.07. And the median was 23.01.

AMK's EV-to-EBITDA is ranked worse than
56.05% of 512 companies
in the Asset Management industry
Industry Median: 8.355 vs AMK: 9.95

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-14), AssetMark Financial Holdings's stock price is $33.99. AssetMark Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $1.910. Therefore, AssetMark Financial Holdings's PE Ratio for today is 17.80.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


AssetMark Financial Holdings EV-to-EBITDA Historical Data

The historical data trend for AssetMark Financial Holdings's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AssetMark Financial Holdings EV-to-EBITDA Chart

AssetMark Financial Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial 36.83 43.55 22.95 9.82 9.98

AssetMark Financial Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.51 11.61 8.72 9.98 10.40

Competitive Comparison of AssetMark Financial Holdings's EV-to-EBITDA

For the Asset Management subindustry, AssetMark Financial Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AssetMark Financial Holdings's EV-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AssetMark Financial Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AssetMark Financial Holdings's EV-to-EBITDA falls into.



AssetMark Financial Holdings EV-to-EBITDA Calculation

AssetMark Financial Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2380.753/239.349
=9.95

AssetMark Financial Holdings's current Enterprise Value is $2,380.8 Mil.
AssetMark Financial Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $239.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AssetMark Financial Holdings  (NYSE:AMK) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

AssetMark Financial Holdings's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=33.99/1.910
=17.80

AssetMark Financial Holdings's share price for today is $33.99.
AssetMark Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.910.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


AssetMark Financial Holdings EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of AssetMark Financial Holdings's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


AssetMark Financial Holdings (AssetMark Financial Holdings) Business Description

Traded in Other Exchanges
Address
1655 Grant Street, 10th Floor, Concord, CA, USA, 94520
AssetMark Financial Holdings Inc is a provider of extensive wealth management and technology solutions that power independent financial advisers and their clients. It provides an end-to-end experience, spanning nearly all elements of an adviser's engagement with the client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. In addition, the company's platform provides tools and capabilities for advisers to better manage their day-to-day business activities, giving them more time for meaningful conversations with investors.
Executives
Carrie E. Hansen officer: EVP, Chief Operating Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Ted F. Angus officer: EVP, General Counsel C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Mcnatt Joel David Jr officer: EVP, Investment Solutions C/O ASSETMARK FINANCIAL HOLDINGS INC., 1655 GRANT ST 10TH FLOOR, CONCORD CA 94520
Mukesh Mehta officer: EVP, Chief Information Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Michael Kim officer: EVP, Chief Client Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Natalie Grace Wolfsen officer: EVP, Chief Solutions Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Gary G. Zyla officer: EVP, Chief Financial Officer C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Esi Minta-jacobs officer: EVP, Prgm Mgmt & HR C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Jeremiah H Chafkin officer: EVP, Chief Investment Officer C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
John Hahn officer: SVP, Finance & Reporting (PAO) C/O ASSETMARK FINANCIAL HOLDINGS, INC., 1655 GRANT STREET 10TH FLOOR, CONCORD CA 94520
Joseph M Velli director
Charles G Goldman director, officer: President and CEO C/O THE CHARLES SCHWAB CORPORATION, 120 KEARNY STREET, SAN FRANCISCO CA 94108
Lei Wang director 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Xiaoning Jiao director 1655 GRANT STREET, 10TH FLOOR, CONCORD CA 94520
Huatai Securities Co., Ltd. 10 percent owner NO.228 MIDDLE JIANGDONG ROAD, NANJING, JIANGSU PROVINCE F4 210019

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