Federated Hermes (Federated Hermes) 3-Year Book Growth Rate : 5.10% (As of Dec. 2023)

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What is Federated Hermes 3-Year Book Growth Rate?

Federated Hermes's Book Value per Share for the quarter that ended in Dec. 2023 was $13.30.

During the past 12 months, Federated Hermes's average Book Value per Share Growth Rate was 13.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 5.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value per Share Growth Rate was 10.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Federated Hermes was 46.10% per year. The lowest was -6.40% per year. And the median was 9.50% per year.

Competitive Comparison of Federated Hermes's 3-Year Book Growth Rate

For the Asset Management subindustry, Federated Hermes's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Federated Hermes's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Federated Hermes's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Federated Hermes's 3-Year Book Growth Rate falls into.

Federated Hermes 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Federated Hermes (NYSE:FHI) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Federated Hermes 3-Year Book Growth Rate Related Terms

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Federated Hermes (Federated Hermes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (NYSE:FHI) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

3KC:Germany

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

Executives

Saker Anwar Nusseibeh	officer: CEO, Hermes Fund Managers Ltd.	HERMES INVESTMENT MANAGEMENT, 150 CHEAPSIDE, 6TH FLOOR, LONDON X0 EC2V6ET
John B Fisher	director, officer: Pres Inst Sales Div. FSC	1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Dolores D Dudiak	officer: Vice President	1001 LIBERTY AVENUE, 19TH FLOOR, PITTSBURGH PA 15222
Gordon J Ceresino	officer: Exec. Director, Int'l Dist.	FEDERATED MDT ADVISER, 125 HIGH STREET, OLIVER STREET TOWER, 21ST FLOOR, BOSTON MA 02110
Richard A Novak	officer: Principal Accounting Officer	FEDERATED INVESTORS INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Paul A Uhlman	officer: Vice President	1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Peter J Germain	officer: EVP, Chief Legal Officer & GC	C/O FEDERATED INVESTORS, 1001 LIBERTY AVE, PITTSBURGH PA 15222
Meter Stephen Van	officer: VP, Chief Compliance Officer	FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
J Christopher Donahue	director, officer: President and CEO	5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Michael J Farrell	director	1001 LIBERTY AVENUE, FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779
Thomas R Donahue	director, officer: VP, CFO, Treasurer	5800 CORPORATE DRIVE, PITTSBURGH PA 15237-7000
Marie Milie Jones	director	FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Eugene F Maloney	director, officer: Vice President	FEDERATED INVESTORS TOWER, 1001 LIBERTY AVENUE, PITTSBURGH PA 15222-3779
Joseph C Bartolacci	director
Thomas E Territ	officer: Vice President	FEDERATED INVESTORS, INC., FEDERATED INVESTORS TOWER, PITTSBURGH PA 15222-3779