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The historical rank and industry rank for Affiliated Managers Group's EV-to-OCF or its related term are showing as below:
FRA:AFS'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.99 Med: 9.16 Max: 14.48
Current: 12.78
During the past 13 years, the highest EV-to-OCF of Affiliated Managers Group was 14.48. The lowest was 4.99. And the median was 9.16.
FRA:AFS's EV-to-OCF is ranked worse than 65.8% of 1506
companies
in the Asset Management industry
Industry Median: 6.04
vs FRA:AFS: 12.78
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Affiliated Managers Group (FRA:AFS) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Affiliated Managers Group's PE Ratio (TTM) for today is calculated as:
Affiliated Managers Group's share price for today is €326.00.
Affiliated Managers Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €24.781.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Affiliated Managers Group EV-to-OCF Related Terms
Affiliated Managers Group EV-to-OCF Historical Data
* 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.
For the Asset Management subindustry, Affiliated Managers Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Affiliated Managers Group EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Affiliated Managers Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Affiliated Managers Group's EV-to-OCF falls into.
Affiliated Managers Group's current Enterprise Value is €11,759 Mil.
Affiliated Managers Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €914 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.
Affiliated Managers Group (FRA:AFS) has a EV-to-OCF of 12.86 as of Aug. 07, 2026. This is 40% above median its historical median of 9.16. Over the past decade, Affiliated Managers Group's EV-to-OCF has ranged from 4.99 to 14.48. According to the industry distribution chart, Affiliated Managers Group ranks #991 out of 1506 companies in the Asset Management industry, placing it in the top 65.8%.
Is Affiliated Managers Group's EV-to-OCF too high?
Affiliated Managers Group's current EV-to-OCF of 12.86 is 40% above median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 4.99 to a high of 14.48. The Asset Management industry median EV-to-OCF is 6.04. Affiliated Managers Group's value of 12.86 is 112.9% above this industry median. Based on the distribution chart, Affiliated Managers Group ranks #991 out of 1506 companies in the Asset Management industry, which is below the industry midpoint. Overall, Affiliated Managers Group has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Affiliated Managers Group's EV-to-OCF compare to MAAS and PDI?
According to the Asset Management industry distribution chart, Affiliated Managers Group ranks #991 out of 1506 companies for EV-to-OCF. This places Affiliated Managers Group in the lower half of its industry. The industry median EV-to-OCF is 6.04. Affiliated Managers Group's value of 12.86 is 112.9% above this benchmark. Historically, Affiliated Managers Group's own EV-to-OCF has ranged from 4.99 to 14.48 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 6.04, Affiliated Managers Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.04, based on 1,506 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Affiliated Managers Group's current EV-to-OCF of 12.86 is 112.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affiliated Managers Group's current EV-to-OCF is 12.86, which is 40% above median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affiliated Managers Group stock overvalued right now?
Affiliated Managers Group (FRA:AFS) has a current EV-to-OCF of 12.86. The stock's GF Value™ is €227.61, compared to a current price of €326.00 — trading 43.2% above its estimated fair value. The current EV-to-OCF is 12.86, which is 40% above median its 10-year median of 9.16 and 112.9% above the Asset Management industry median of 6.04. Affiliated Managers Group's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Affiliated Managers Group (FRA:AFS), the current EV-to-OCF is 12.86 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Affiliated Managers Group (FRA:AFS) Overvalued in 2026?
Based on GuruFocus' analysis, Affiliated Managers Group stock appears to be overvalued.
The current stock price of €326.00 is trading 43.2% above its estimated GF Value™ of €227.61.
Key valuation signals for FRA:AFS:
EV-to-OCF: 12.86 (40% above median its 10-year median of 9.16)
GF Value™: €227.61 vs. price of €326.00 (43.2% above fair value)
Industry Position: 112.9% above the Asset Management median (#991 of 1506)
No single metric tells the full story. See the FRA:AFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to mid-size boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of December 2025, AMG's affiliate network—which includes firms like Abacus Capital and Pantheon dedicated to private markets (which accounted for 18% of AUM), AQR Capital and Capula Investment Management in liquid alternatives (28%), and Harding Loevner, Tweedy Browne, Parnassus, and Yacktman in equities, multi-asset, and bond strategies (54%)—had $813.3 billion in managed assets.
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