AGF Management Limited

Company Profile

AGF Management Limited had its IPO on under the ticker symbol AGFMF.

The company operates in the Financial Services sector and Asset Management industry. AGF Management Limited has a staff strength of 634 employees.

Stock update

Shares of AGF Management Limited opened at $6.5 at the start of the last trading session i.e. 2023-03-21.

The stocks traded within a range of $6.5 - $6.5, and closed at $6.5.

This is a -1.37% slip from the previous day's closing price.

A total volume of 101 shares were traded at the close of the day’s session.

In the last one week, shares of AGF Management Limited have slipped by -1.81%.

AGF Management Limited's Key Ratios

AGF Management Limited has a market cap of $435.27 million, indicating a price to book ratio of 0.4277 and a price to sales ratio of 0.6823.

In the last 12-months AGF Management Limited’s revenue was $469.00 million with a gross profit of $431.64 million and an EBITDA of $94.73 million. The EBITDA ratio measures AGF Management Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, AGF Management Limited’s operating margin was 19.18% while its return on assets stood at 4.12% with a return of equity of 6.47%.

In Q3.6666666666667, AGF Management Limited’s quarterly earnings growth was a positive 61% while revenue growth was a negative 6.3%.

AGF Management Limited’s PE and PEG Ratio

Forward PE

6.1652

Trailing PE

9.4789

PEG

0.4058

Its diluted EPS in the last 12-months stands at $0.71 per share while it has a forward price to earnings multiple of 6.1652 and a PEG multiple of 0.4058. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into AGF Management Limited’s profitability.

AGF Management Limited stock is trading at a EV to sales ratio of 0.7215 and a EV to EBITDA ratio of 3.6004. Its price to sales ratio in the trailing 12-months stood at 0.6823.

AGF Management Limited stock pays annual dividends of $0.4 per share, indicating a yield of 4.33% and a payout ratio of 31.6%.

Balance sheet and cash flow metrics

Total Assets

$1.37 billion

Total Liabilities

$75.72 million

Operating Cash Flow

$0

Capital Expenditure

$2.76 million

Dividend Payout Ratio

31.6%

AGF Management Limited ended 2023 with $1.37 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.37 billion while shareholder equity stood at $1.03 billion.

AGF Management Limited ended 2023 with $0 in deferred long-term liabilities, $75.72 million in other current liabilities, in common stock, $593.95 million in retained earnings and $250.83 million in goodwill. Its cash balance stood at $58.62 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $21.59 million.

AGF Management Limited’s total current assets stands at $122.47 million while long-term investments were $200.72 million and short-term investments were $20.68 million. Its net receivables were $40.73 million compared to accounts payable of $18.24 million and inventory worth $0.

In 2023, AGF Management Limited's operating cash flow was $0 while its capital expenditure stood at $2.76 million.

Comparatively, AGF Management Limited paid $0.32 in dividends in 2023.

Other key metrics

Current Trading Price

$6.5

52-Week High

$6.97

52-Week Low

$4.23

Analyst Target Price

$

AGF Management Limited stock is currently trading at $6.5 per share. It touched a 52-week high of $6.97 and a 52-week low of $6.97. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $6.39 and 200-day moving average was $5.59 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 9% of the company’s stock are held by insiders while 1231.8% are held by institutions.