AGF Management (FRA:A3J) Enterprise Value: €940.4 Mil (As of Sep. 01, 2026) ***

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FRA:A3J AGF Management Ltd FRA:A3J
68 GF Score
Price €13.70
GF Value €7.97
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AGF Management Enterprise Value?

AGF Management FRA:A3J -1.44% 68 Enterprise Value is €940.4 Mil as of Sep. 01, 2026. GuruFocus rates FRA:A3J with a GF Score™ of 68/100 and a GF Value™ of €7.97 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AGF Management's Enterprise Value is €940.4 Mil. AGF Management's EBIT for the trailing twelve months (TTM) ended in May. 2026 was €111.8 Mil. Therefore, AGF Management's EV-to-EBIT ratio for today is 8.41.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, AGF Management's Enterprise Value is €940.4 Mil. AGF Management's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was €117.9 Mil. Therefore, AGF Management's EV-to-EBITDA ratio for today is 7.98.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, AGF Management's Enterprise Value is €940.4 Mil. AGF Management's Revenue for the trailing twelve months (TTM) ended in May. 2026 was €357.2 Mil. Therefore, AGF Management's EV-to-Revenue ratio for today is 2.63.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, AGF Management's Enterprise Value is €940.4 Mil. AGF Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was €78.8 Mil. Therefore, AGF Management's EV-to-OCF ratio for today is 11.93.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, AGF Management's Enterprise Value is €940.4 Mil. AGF Management's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 was €74.9 Mil. Therefore, AGF Management's EV-to-FCF ratio for today is 12.55.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


AGF Management  (FRA:A3J) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

AGF Management's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=940.369/111.825
=8.41

AGF Management's current Enterprise Value is €940.4 Mil.
AGF Management's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €111.8 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

AGF Management's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=940.369/117.914
=7.98

AGF Management's current Enterprise Value is €940.4 Mil.
AGF Management's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €117.9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

AGF Management's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=940.369/357.181
=2.63

AGF Management's current Enterprise Value is €940.4 Mil.
AGF Management's Revenue for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €357.2 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

AGF Management's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=940.369/78.828
=11.93

AGF Management's current Enterprise Value is €940.4 Mil.
AGF Management's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €78.8 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

AGF Management's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=940.369/74.912
=12.55

AGF Management's current Enterprise Value is €940.4 Mil.
AGF Management's Free Cash Flow for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €74.9 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.


AGF Management Enterprise Value Related Terms


AGF Management Enterprise Value Historical Data

* Premium members only.

The historical data trend for AGF Management's Enterprise Value 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.

AGF Management Enterprise Value Chart

AGF Management Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 357.20 311.13 317.22 504.34 590.43

AGF Management Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Enterprise Value 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 561.03 553.79 590.43 881.44 759.82

FRA:A3J vs BLK, BX, KKR: Enterprise Value Comparison

For the Asset Management subindustry, AGF Management's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


AGF Management Enterprise Value vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AGF Management's Enterprise Value distribution charts can be found below:

* The bar in red indicates where AGF Management's Enterprise Value falls into.


FRA:A3J
68GF Score
AGF Management Ltd FRA:A3J
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AGF Management Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

AGF Management's Enterprise Value for the fiscal year that ended in Nov. 2025 is calculated as

AGF Management's Enterprise Value for the quarter that ended in May. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €940.4 Mil mean?
AGF Management (FRA:A3J) has a Enterprise Value of €940.4 Mil as of Sep. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AGF Management and its competitors.
Is AGF Management's Enterprise Value too high?
AGF Management's current Enterprise Value is €940.4 Mil. Overall, AGF Management has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AGF Management's Enterprise Value compare to BLK and BX?
AGF Management's Enterprise Value of €940.4 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Asset Management company?
A good Enterprise Value depends on the Asset Management industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on AGF Management and its competitors. AGF Management's current Enterprise Value is €940.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGF Management stock overvalued right now?
Based on GuruFocus' analysis, AGF Management (FRA:A3J) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.97, compared to a current price of €13.70 — trading 71.9% above its estimated fair value. The current Enterprise Value is €940.4 Mil. AGF Management's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For AGF Management (FRA:A3J), the current Enterprise Value is €940.4 Mil as of Sep. 01, 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 AGF Management (FRA:A3J) Overvalued in 2026?

Based on GuruFocus' analysis, AGF Management stock appears to be overvalued. The current stock price of €13.70 is trading 71.9% above its estimated GF Value™ of €7.97. GuruFocus considers AGF Management to be Significantly Overvalued.

Key valuation signals for FRA:A3J:

  • Enterprise Value: €940.4 Mil
  • GF Value™: €7.97 vs. price of €13.70 (71.9% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the FRA:A3J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AGF Management Business Description

Other Exchanges AGFMF:USAAGF.B:Canada
Address 81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canadian-based independent asset manager. As of November 2025, the firm had CAD 60.4 billion in total assets under management with CAD 35.0 billion in retail mutual funds, CAD 9.5 billion in high net-worth private wealth, and the remaining in institutional, ETF, and private assets. AGF Management's funds are weighted toward equities with roughly three-quarters of the firm's retail AUM tied to equities.
68GF Score

Get the complete analysis for FRA:A3J

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.70
Price
€7.97
GF Value