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AGF ManagementFRA:A3J -1.44%68 Net Margin % is 31.43% as of May. 2026, which is 93% above its 10-year median of 16.31. 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. Among 1,566 Asset Management companies, AGF Management ranks worse than 71.84% on this metric.
Net margin is calculated as Net Income divided by its Revenue. AGF Management's Net Income for the
three
months ended in May. 2026 was €28.9 Mil. AGF Management's Revenue for the
three
months ended in May. 2026 was €91.9 Mil. Therefore, AGF Management's net margin for the quarter that ended in May. 2026 was 31.43%.
The historical rank and industry rank for AGF Management's Net Margin % or its related term are showing as below:
FRA:A3J'
s Net Margin % Range Over the Past 10 Years
Min: 8.76 Med: 16.31 Max: 44.7
Current: 23.92
FRA:A3J's Net Margin % is ranked worse than 71.84% of 1566
companies
in the Asset Management industry
Industry Median: 87.19
vs FRA:A3J: 23.92
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
AGF Management Net Margin % Related Terms
AGF Management Net Margin % Historical Data
* Premium members only.
The historical data trend for AGF Management's Net Margin % 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.
For the Asset Management subindustry, AGF Management's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, AGF Management's Net Margin % distribution charts can be found below:
* The bar in red indicates where AGF Management's Net Margin % falls into.
* 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 (FRA:A3J) has a Net Margin % of 31.43% as of May. 2026. Net margin is the ratio of total net income to net sales. View historical data on AGF Management and its competitors. This is 93% above median its historical median of 16.31. Over the past decade, AGF Management's Net Margin % has ranged from 8.76 to 44.70. According to the industry distribution chart, AGF Management ranks #1125 out of 1566 companies in the Asset Management industry, placing it in the top 71.8%.
Is AGF Management's Net Margin % too high?
AGF Management's current Net Margin % of 31.43% is 93% above median its 10-year median of 16.31. Over the past 10 years, this metric has ranged from a low of 8.76 to a high of 44.70. The Asset Management industry median Net Margin % is 87.19. AGF Management's value of 31.43% is 64% below this industry median. Based on the distribution chart, AGF Management ranks #1125 out of 1566 companies in the Asset Management industry, which is below the industry midpoint. 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 Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, AGF Management ranks #1125 out of 1566 companies for Net Margin %. This places AGF Management in the lower half of its industry. The industry median Net Margin % is 87.19. AGF Management's value of 31.43% is 64% below this benchmark. Historically, AGF Management's own Net Margin % has ranged from 8.76 to 44.70 over the past decade. While the company's 10-year median is 16.31 vs. the industry median of 87.19, AGF Management has consistently been below 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 Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 87.19, based on 1,566 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AGF Management's current Net Margin % of 31.43% is 64% below 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on AGF Management and its competitors. For the Asset Management industry, the median Net Margin % is 87.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGF Management's current Net Margin % is 31.43%, which is 93% above median its own 10-year median of 16.31. 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 Net Margin % is 31.43%, which is 93% above median its 10-year median of 16.31 and 64% below the Asset Management industry median of 87.19. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For AGF Management (FRA:A3J), the current Net Margin % is 31.43% as of May. 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:
Net Margin %: 31.43% (93% above median its 10-year median of 16.31)
GF Value™: €7.97 vs. price of €13.70 (71.9% above fair value)
Industry Position: 64% below the Asset Management median (#1125 of 1566)
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 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
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