AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
Canada - TSX:AGF-B - CA0010921058 - Common Stock
13.82 CAD
+0.31 (+2.29%)
AGF-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 76 industry peers in the Capital Markets industry. While AGF-B has a great profitability rating, there are some minor concerns on its financial health. AGF-B is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make AGF-B a good candidate for value investing.
1. Profitability
1.1 Basic Checks
AGF-B had positive earnings in the past year.
AGF-B had a positive operating cash flow in the past year.
In the past 5 years AGF-B has always been profitable.
In the past 5 years AGF-B always reported a positive cash flow from operatings.
1.2 Ratios
AGF-B's Return On Assets of 6.51% is fine compared to the rest of the industry. AGF-B outperforms 71.05% of its industry peers.
AGF-B's Return On Equity of 9.53% is fine compared to the rest of the industry. AGF-B outperforms 67.11% of its industry peers.
AGF-B has a better Return On Invested Capital (5.55%) than 73.68% of its industry peers.
AGF-B had an Average Return On Invested Capital over the past 3 years of 4.73%. This is significantly below the industry average of 10.25%.
The 3 year average ROIC (4.73%) for AGF-B is below the current ROIC(5.55%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 9.53% | ||
| ROIC | 5.55% |
ROA(3y)5.67%
ROA(5y)6.56%
ROE(3y)7.72%
ROE(5y)8.82%
ROIC(3y)4.73%
ROIC(5y)3.69%
1.3 Margins
AGF-B has a Profit Margin of 21.44%. This is in the better half of the industry: AGF-B outperforms 64.47% of its industry peers.
In the last couple of years the Profit Margin of AGF-B has grown nicely.
AGF-B's Operating Margin of 22.18% is in line compared to the rest of the industry. AGF-B outperforms 40.79% of its industry peers.
In the last couple of years the Operating Margin of AGF-B has grown nicely.
Looking at the Gross Margin, with a value of 71.76%, AGF-B belongs to the top of the industry, outperforming 80.26% of the companies in the same industry.
AGF-B's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.18% | ||
| PM (TTM) | 21.44% | ||
| GM | 71.76% |
OM growth 3Y35.46%
OM growth 5Y16.16%
PM growth 3Y30.15%
PM growth 5Y10.06%
GM growth 3Y9.65%
GM growth 5Y4.26%
2. Health
2.1 Basic Checks
AGF-B has more shares outstanding than it did 1 year ago.
AGF-B has less shares outstanding than it did 5 years ago.
AGF-B has a better debt/assets ratio than last year.
2.2 Solvency
AGF-B has an Altman-Z score of 2.09. This is not the best score and indicates that AGF-B is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of AGF-B (2.09) is better than 63.16% of its industry peers.
The Debt to FCF ratio of AGF-B is 1.23, which is an excellent value as it means it would take AGF-B, only 1.23 years of fcf income to pay off all of its debts.
AGF-B's Debt to FCF ratio of 1.23 is amongst the best of the industry. AGF-B outperforms 82.89% of its industry peers.
A Debt/Equity ratio of 0.12 indicates that AGF-B is not too dependend on debt financing.
AGF-B has a better Debt to Equity ratio (0.12) than 67.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.23 | ||
| Altman-Z | 2.09 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.99 indicates that AGF-B may have some problems paying its short term obligations.
The Current ratio of AGF-B (0.99) is comparable to the rest of the industry.
AGF-B has a Quick Ratio of 0.99. This is a bad value and indicates that AGF-B is not financially healthy enough and could expect problems in meeting its short term obligations.
AGF-B has a Quick ratio (0.99) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
AGF-B shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.27%, which is quite impressive.
AGF-B shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.14% yearly.
Looking at the last year, AGF-B shows a quite strong growth in Revenue. The Revenue has grown by 10.22% in the last year.
Measured over the past years, AGF-B shows a small growth in Revenue. The Revenue has been growing by 4.75% on average per year.
EPS 1Y (TTM)20.27%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%24.32%
Revenue 1Y (TTM)10.22%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%5.6%
3.2 Future
AGF-B is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.61% yearly.
The Revenue is expected to grow by 5.46% on average over the next years.
EPS Next Y6.08%
EPS Next 2Y5%
EPS Next 3Y4.61%
EPS Next 5YN/A
Revenue Next Year6.62%
Revenue Next 2Y6.01%
Revenue Next 3Y5.46%
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.76, the valuation of AGF-B can be described as very cheap.
The rest of the industry has a similar Price/Earnings ratio as AGF-B.
AGF-B is valuated cheaply when we compare the Price/Earnings ratio to 27.69, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.46, the valuation of AGF-B can be described as very cheap.
69.74% of the companies in the same industry are more expensive than AGF-B, based on the Price/Forward Earnings ratio.
AGF-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.18.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 7.46 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AGF-B is valued cheaper than 90.79% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AGF-B indicates a rather cheap valuation: AGF-B is cheaper than 89.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.63 | ||
| EV/EBITDA | 7.47 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
AGF-B has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.28
PEG (5Y)0.41
EPS Next 2Y5%
EPS Next 3Y4.61%
5. Dividend
5.1 Amount
AGF-B has a Yearly Dividend Yield of 3.68%. Purely for dividend investing, there may be better candidates out there.
AGF-B's Dividend Yield is comparable with the industry average which is at 5.47.
AGF-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
5.2 History
On average, the dividend of AGF-B grows each year by 7.13%, which is quite nice.
AGF-B has been paying a dividend for at least 10 years, so it has a reliable track record.
AGF-B has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.13%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
27.23% of the earnings are spent on dividend by AGF-B. This is a low number and sustainable payout ratio.
AGF-B's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP27.23%
EPS Next 2Y5%
EPS Next 3Y4.61%
TSX:AGF-B (10/20/2025, 7:00:00 PM)
13.82
+0.31 (+2.29%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners13.82%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap896.50M
Analysts81.54
Price Target16.88 (22.14%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.68% |
Yearly Dividend0.45
Dividend Growth(5Y)7.13%
DP27.23%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.04%
Min EPS beat(2)-5.81%
Max EPS beat(2)-0.27%
EPS beat(4)2
Avg EPS beat(4)5.38%
Min EPS beat(4)-5.81%
Max EPS beat(4)16.07%
EPS beat(8)3
Avg EPS beat(8)7.2%
EPS beat(12)6
Avg EPS beat(12)7.71%
EPS beat(16)10
Avg EPS beat(16)9.64%
Revenue beat(2)0
Avg Revenue beat(2)-10.59%
Min Revenue beat(2)-17.72%
Max Revenue beat(2)-3.46%
Revenue beat(4)1
Avg Revenue beat(4)-8.03%
Min Revenue beat(4)-17.72%
Max Revenue beat(4)0.45%
Revenue beat(8)2
Avg Revenue beat(8)-7.02%
Revenue beat(12)3
Avg Revenue beat(12)-5.55%
Revenue beat(16)3
Avg Revenue beat(16)-5.56%
PT rev (1m)14.93%
PT rev (3m)17.38%
EPS NQ rev (1m)7.9%
EPS NQ rev (3m)10.99%
EPS NY rev (1m)1.58%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)4.92%
Revenue NQ rev (3m)4.92%
Revenue NY rev (1m)1.62%
Revenue NY rev (3m)2.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.76 | ||
| Fwd PE | 7.46 | ||
| P/S | 1.71 | ||
| P/FCF | 7.63 | ||
| P/OCF | 7.39 | ||
| P/B | 0.76 | ||
| P/tB | 6.79 | ||
| EV/EBITDA | 7.47 |
EPS(TTM)1.78
EY12.88%
EPS(NY)1.85
Fwd EY13.4%
FCF(TTM)1.81
FCFY13.1%
OCF(TTM)1.87
OCFY13.54%
SpS8.08
BVpS18.17
TBVpS2.04
PEG (NY)1.28
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.51% | ||
| ROE | 9.53% | ||
| ROCE | 7.26% | ||
| ROIC | 5.55% | ||
| ROICexc | 5.79% | ||
| ROICexgc | 18.15% | ||
| OM | 22.18% | ||
| PM (TTM) | 21.44% | ||
| GM | 71.76% | ||
| FCFM | 22.42% |
ROA(3y)5.67%
ROA(5y)6.56%
ROE(3y)7.72%
ROE(5y)8.82%
ROIC(3y)4.73%
ROIC(5y)3.69%
ROICexc(3y)4.94%
ROICexc(5y)3.89%
ROICexgc(3y)19.06%
ROICexgc(5y)16.48%
ROCE(3y)6.18%
ROCE(5y)4.81%
ROICexcg growth 3Y16.59%
ROICexcg growth 5Y13.64%
ROICexc growth 3Y31.27%
ROICexc growth 5Y17.72%
OM growth 3Y35.46%
OM growth 5Y16.16%
PM growth 3Y30.15%
PM growth 5Y10.06%
GM growth 3Y9.65%
GM growth 5Y4.26%
F-Score7
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.12 | ||
| Debt/FCF | 1.23 | ||
| Debt/EBITDA | 1.1 | ||
| Cap/Depr | 40.6% | ||
| Cap/Sales | 0.74% | ||
| Interest Coverage | 35.32 | ||
| Cash Conversion | 96.52% | ||
| Profit Quality | 104.6% | ||
| Current Ratio | 0.99 | ||
| Quick Ratio | 0.99 | ||
| Altman-Z | 2.09 |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)67.14%
Cap/Depr(5y)73.64%
Cap/Sales(3y)1.64%
Cap/Sales(5y)1.76%
Profit Quality(3y)94.38%
Profit Quality(5y)84.46%
High Growth Momentum
Growth
EPS 1Y (TTM)20.27%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%24.32%
EPS Next Y6.08%
EPS Next 2Y5%
EPS Next 3Y4.61%
EPS Next 5YN/A
Revenue 1Y (TTM)10.22%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%5.6%
Revenue Next Year6.62%
Revenue Next 2Y6.01%
Revenue Next 3Y5.46%
Revenue Next 5YN/A
EBIT growth 1Y36.77%
EBIT growth 3Y40.94%
EBIT growth 5Y21.68%
EBIT Next Year49.02%
EBIT Next 3Y14.16%
EBIT Next 5YN/A
FCF growth 1Y49.06%
FCF growth 3Y48.19%
FCF growth 5Y11.23%
OCF growth 1Y44.08%
OCF growth 3Y33.83%
OCF growth 5Y11.16%