ALLIANCEBERNSTEIN HOLDING LP (AB)
US01881G1067
AB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. Both the profitability and the financial health of AB get a neutral evaluation. Nothing too spectacular is happening here. AB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year AB was profitable.
In the past year AB had a positive cash flow from operations.
AB had positive earnings in each of the past 5 years.
AB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AB's Return On Assets of 13.25% is amongst the best of the industry. AB outperforms 93.98% of its industry peers.
AB's Return On Equity of 13.25% is fine compared to the rest of the industry. AB outperforms 69.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.25% | ||
| ROE | 13.25% | ||
| ROIC | N/A |
ROA(3y)16.56%
ROA(5y)16.49%
ROE(3y)16.58%
ROE(5y)16.51%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
AB's Profit Margin of 88.48% is amongst the best of the industry. AB outperforms 96.76% of its industry peers.
In the last couple of years the Profit Margin of AB has remained more or less at the same level.
AB has a Operating Margin of 100.00%. This is amongst the best in the industry. AB outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of AB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 100% | ||
| PM (TTM) | 88.48% | ||
| GM | N/A |
OM growth 3Y0%
OM growth 5Y0%
PM growth 3Y-0.92%
PM growth 5Y-0.33%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The number of shares outstanding for AB has been increased compared to 1 year ago.
AB has more shares outstanding than it did 5 years ago.
There is no outstanding debt for AB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
AB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
AB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.58%, which is quite good.
AB shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.07% yearly.
AB shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.15%.
Measured over the past years, AB shows a small growth in Revenue. The Revenue has been growing by 2.07% on average per year.
EPS 1Y (TTM)9.58%
EPS 3Y-2.59%
EPS 5Y0.07%
EPS Q2Q%16.39%
Revenue 1Y (TTM)29.15%
Revenue growth 3Y-0.94%
Revenue growth 5Y2.07%
Sales Q2Q%0.39%
3.2 Future
AB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.52% yearly.
Based on estimates for the next years, AB will show a small growth in Revenue. The Revenue will grow by 3.25% on average per year.
EPS Next Y15.77%
EPS Next 2Y15.91%
EPS Next 3Y13.87%
EPS Next 5Y8.52%
Revenue Next Year3.35%
Revenue Next 2Y5.22%
Revenue Next 3Y5.76%
Revenue Next 5Y3.25%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.63, the valuation of AB can be described as correct.
AB's Price/Earnings ratio is a bit cheaper when compared to the industry. AB is cheaper than 60.19% of the companies in the same industry.
When comparing the Price/Earnings ratio of AB to the average of the S&P500 Index (31.73), we can say AB is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.99, the valuation of AB can be described as reasonable.
67.13% of the companies in the same industry are more expensive than AB, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, AB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 9.99 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AB indicates a somewhat cheap valuation: AB is cheaper than 64.35% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.63 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AB has a very decent profitability rating, which may justify a higher PE ratio.
AB's earnings are expected to grow with 13.87% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.8
PEG (5Y)169.44
EPS Next 2Y15.91%
EPS Next 3Y13.87%
5. Dividend
5.1 Amount
AB has a Yearly Dividend Yield of 8.13%, which is a nice return.
AB's Dividend Yield is a higher than the industry average which is at 9.19.
AB's Dividend Yield is rather good when compared to the S&P500 average which is at 2.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.13% |
5.2 History
The dividend of AB decreases each year by -2.24%.
AB has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-2.24%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
111.45% of the earnings are spent on dividend by AB. This is not a sustainable payout ratio.
DP111.45%
EPS Next 2Y15.91%
EPS Next 3Y13.87%
ALLIANCEBERNSTEIN HOLDING LP
NYSE:AB (10/14/2024, 8:11:20 PM)
After market: 35.79 -0.32 (-0.89%)36.11
+0.74 (+2.09%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.14B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.13% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 9.99 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.8
PEG (5Y)169.44
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.25% | ||
| ROE | 13.25% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 100% | ||
| PM (TTM) | 88.48% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)9.58%
EPS 3Y-2.59%
EPS 5Y
EPS Q2Q%
EPS Next Y15.77%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)29.15%
Revenue growth 3Y-0.94%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y