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AssetMark Financial Holdings (FRA:0LA) PEG Ratio : 0.55 (As of Jun. 23, 2024)


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What is AssetMark Financial Holdings PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, AssetMark Financial Holdings's PE Ratio without NRI is 14.67. AssetMark Financial Holdings's 5-Year EBITDA growth rate is 26.60%. Therefore, AssetMark Financial Holdings's PEG Ratio for today is 0.55.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for AssetMark Financial Holdings's PEG Ratio or its related term are showing as below:

FRA:0LA' s PEG Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.54   Max: 1.07
Current: 0.55


During the past 7 years, AssetMark Financial Holdings's highest PEG Ratio was 1.07. The lowest was 0.38. And the median was 0.54.


FRA:0LA's PEG Ratio is ranked better than
81.42% of 436 companies
in the Asset Management industry
Industry Median: 1.875 vs FRA:0LA: 0.55

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


AssetMark Financial Holdings PEG Ratio Historical Data

The historical data trend for AssetMark Financial Holdings's PEG Ratio 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 PEG Ratio Chart

AssetMark Financial Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial - - - 0.77 0.42

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
PEG Ratio 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 - - 0.54 0.42 0.40

Competitive Comparison of AssetMark Financial Holdings's PEG Ratio

For the Asset Management subindustry, AssetMark Financial Holdings's PEG Ratio, along with its competitors' market caps and PEG Ratio 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 PEG Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AssetMark Financial Holdings's PEG Ratio distribution charts can be found below:

* The bar in red indicates where AssetMark Financial Holdings's PEG Ratio falls into.



AssetMark Financial Holdings PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

AssetMark Financial Holdings's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=14.665444546288/26.60
=0.55

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


AssetMark Financial Holdings  (FRA:0LA) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


AssetMark Financial Holdings PEG Ratio Related Terms

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


AssetMark Financial Holdings (FRA:0LA) 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.

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