AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
Canada - TSX:AGF-B - CA0010921058 - Common Stock
13.37 CAD
+0.22 (+1.67%)
AGF-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 80 industry peers in the Capital Markets industry. AGF-B has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on AGF-B. AGF-B also has an excellent dividend rating. This makes AGF-B very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
In the past year AGF-B was profitable.
In the past year AGF-B had a positive cash flow from operations.
In the past 5 years AGF-B has always been profitable.
AGF-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AGF-B has a better Return On Assets (6.10%) than 73.75% of its industry peers.
AGF-B has a Return On Equity of 8.93%. This is in the better half of the industry: AGF-B outperforms 65.00% of its industry peers.
AGF-B has a better Return On Invested Capital (5.28%) than 73.75% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AGF-B is below the industry average of 8.46%.
The last Return On Invested Capital (5.28%) for AGF-B is above the 3 year average (4.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 8.93% | ||
| ROIC | 5.28% |
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
With a decent Profit Margin value of 20.10%, AGF-B is doing good in the industry, outperforming 66.25% of the companies in the same industry.
In the last couple of years the Profit Margin of AGF-B has grown nicely.
The Operating Margin of AGF-B (21.35%) is comparable to the rest of the industry.
AGF-B's Operating Margin has improved in the last couple of years.
The Gross Margin of AGF-B (71.90%) is better than 78.75% of its industry peers.
In the last couple of years the Gross Margin of AGF-B has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.35% | ||
| PM (TTM) | 20.1% | ||
| GM | 71.9% |
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
The number of shares outstanding for AGF-B has been increased compared to 1 year ago.
AGF-B has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, AGF-B has an improved debt to assets ratio.
2.2 Solvency
AGF-B has an Altman-Z score of 2.08. 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 (2.08) is better than 70.00% of its industry peers.
The Debt to FCF ratio of AGF-B is 1.41, which is an excellent value as it means it would take AGF-B, only 1.41 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.41, AGF-B belongs to the best of the industry, outperforming 82.50% of the companies in the same industry.
A Debt/Equity ratio of 0.14 indicates that AGF-B is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.14, AGF-B is doing good in the industry, outperforming 63.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.08 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.06 indicates that AGF-B should not have too much problems paying its short term obligations.
AGF-B has a Current ratio (1.06) which is comparable to the rest of the industry.
AGF-B has a Quick Ratio of 1.06. This is a normal value and indicates that AGF-B is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.06, AGF-B perfoms like the industry average, outperforming 55.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
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 16.55%, which is quite good.
Measured over the past years, AGF-B shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.14% on average per year.
Looking at the last year, AGF-B shows a quite strong growth in Revenue. The Revenue has grown by 13.53% in the last year.
The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)16.55%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%11.43%
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
3.2 Future
The Earnings Per Share is expected to grow by 3.52% on average over the next years.
AGF-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.11% yearly.
EPS Next Y4.43%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
EPS Next 5YN/A
Revenue Next Year4.92%
Revenue Next 2Y4.07%
Revenue Next 3Y3.11%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.91, 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.
Compared to an average S&P500 Price/Earnings ratio of 27.27, AGF-B is valued rather cheaply.
The Price/Forward Earnings ratio is 7.43, which indicates a rather cheap valuation of AGF-B.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AGF-B indicates a somewhat cheap valuation: AGF-B is cheaper than 70.00% of the companies listed in the same industry.
AGF-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 7.43 |
4.2 Price Multiples
AGF-B's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AGF-B is cheaper than 92.50% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AGF-B is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.39 | ||
| EV/EBITDA | 8.05 |
4.3 Compensation for Growth
AGF-B's 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)1.79
PEG (5Y)0.41
EPS Next 2Y3.53%
EPS Next 3Y3.52%
5. Dividend
5.1 Amount
AGF-B has a Yearly Dividend Yield of 3.80%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.91, AGF-B pays a better dividend. On top of this AGF-B pays more dividend than 83.75% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, AGF-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
5.2 History
On average, the dividend of AGF-B grows each year by 7.13%, which is quite nice.
AGF-B has paid a dividend for at least 10 years, which is a reliable track record.
As AGF-B did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.13%
Div Incr Years4
Div Non Decr Years8
5.3 Sustainability
28.75% 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.
DP28.75%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
TSX:AGF-B (9/12/2025, 7:00:00 PM)
13.37
+0.22 (+1.67%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners13.35%
Inst Owner ChangeN/A
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap868.25M
Analysts81.54
Price Target14.69 (9.87%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.8% |
Yearly Dividend0.45
Dividend Growth(5Y)7.13%
DP28.75%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.13%
Min EPS beat(2)-5.81%
Max EPS beat(2)16.07%
EPS beat(4)2
Avg EPS beat(4)5.26%
Min EPS beat(4)-5.81%
Max EPS beat(4)16.07%
EPS beat(8)4
Avg EPS beat(8)7.63%
EPS beat(12)7
Avg EPS beat(12)9.2%
EPS beat(16)11
Avg EPS beat(16)10.6%
Revenue beat(2)0
Avg Revenue beat(2)-14.56%
Min Revenue beat(2)-17.72%
Max Revenue beat(2)-11.4%
Revenue beat(4)2
Avg Revenue beat(4)-6.43%
Min Revenue beat(4)-17.72%
Max Revenue beat(4)2.95%
Revenue beat(8)2
Avg Revenue beat(8)-6.89%
Revenue beat(12)3
Avg Revenue beat(12)-6.01%
Revenue beat(16)3
Avg Revenue beat(16)-5.73%
PT rev (1m)2.13%
PT rev (3m)12.57%
EPS NQ rev (1m)1.44%
EPS NQ rev (3m)-4.68%
EPS NY rev (1m)0.04%
EPS NY rev (3m)0.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.93%
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)1.31%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.91 | ||
| Fwd PE | 7.43 | ||
| P/S | 1.68 | ||
| P/FCF | 7.39 | ||
| P/OCF | 7.18 | ||
| P/B | 0.74 | ||
| P/tB | 7.3 | ||
| EV/EBITDA | 8.05 |
EPS(TTM)1.69
EY12.64%
EPS(NY)1.8
Fwd EY13.47%
FCF(TTM)1.81
FCFY13.52%
OCF(TTM)1.86
OCFY13.92%
SpS7.98
BVpS17.95
TBVpS1.83
PEG (NY)1.79
PEG (5Y)0.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.1% | ||
| ROE | 8.93% | ||
| ROCE | 6.9% | ||
| ROIC | 5.28% | ||
| ROICexc | 5.45% | ||
| ROICexgc | 16.7% | ||
| OM | 21.35% | ||
| PM (TTM) | 20.1% | ||
| GM | 71.9% | ||
| FCFM | 22.65% |
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-Score8
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Debt/EBITDA | 1.32 | ||
| Cap/Depr | 36.1% | ||
| Cap/Sales | 0.66% | ||
| Interest Coverage | 34.46 | ||
| Cash Conversion | 100.56% | ||
| Profit Quality | 112.72% | ||
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.08 |
F-Score8
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)16.55%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%11.43%
EPS Next Y4.43%
EPS Next 2Y3.53%
EPS Next 3Y3.52%
EPS Next 5YN/A
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
Revenue Next Year4.92%
Revenue Next 2Y4.07%
Revenue Next 3Y3.11%
Revenue Next 5YN/A
EBIT growth 1Y30.22%
EBIT growth 3Y40.94%
EBIT growth 5Y21.68%
EBIT Next Year45.26%
EBIT Next 3Y13.66%
EBIT Next 5YN/A
FCF growth 1Y55.61%
FCF growth 3Y48.19%
FCF growth 5Y11.23%
OCF growth 1Y43.29%
OCF growth 3Y33.83%
OCF growth 5Y11.16%