AGF MANAGEMENT LTD-CLASS B (AGF-B.CA) Stock Fundamental Analysis
TSX:AGF-B - Toronto Stock Exchange - CA0010921058 - Common Stock - Currency: CAD
AGF-B gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 81 industry peers in the Capital Markets industry. AGF-B scores excellent on profitability, but there are some minor concerns on its financial health. AGF-B may be a bit undervalued, certainly considering the very reasonable score on growth AGF-B also has an excellent dividend rating. These ratings could make AGF-B a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year AGF-B was profitable.
AGF-B had a positive operating cash flow in the past year.
Each year in the past 5 years AGF-B has been profitable.
Each year in the past 5 years AGF-B had a positive operating cash flow.
1.2 Ratios
AGF-B has a Return On Assets of 6.10%. This is in the better half of the industry: AGF-B outperforms 75.31% 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 71.60% of its industry peers.
With a decent Return On Invested Capital value of 5.28%, AGF-B is doing good in the industry, outperforming 74.07% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AGF-B is below the industry average of 7.88%.
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
The Profit Margin of AGF-B (20.10%) is better than 66.67% of its industry peers.
AGF-B's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 21.35%, AGF-B is in line with its industry, outperforming 44.44% of the companies in the same industry.
In the last couple of years the Operating Margin of AGF-B has grown nicely.
With a decent Gross Margin value of 71.90%, AGF-B is doing good in the industry, outperforming 77.78% of the companies in the same industry.
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
Compared to 1 year ago, AGF-B has more shares outstanding
Compared to 5 years ago, AGF-B has less shares outstanding
The debt/assets ratio for AGF-B has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.98 indicates that AGF-B is not a great score, but indicates only limited risk for bankruptcy at the moment.
AGF-B has a Altman-Z score of 1.98. This is in the better half of the industry: AGF-B outperforms 65.43% of its industry peers.
AGF-B has a debt to FCF ratio of 1.41. This is a very positive value and a sign of high solvency as it would only need 1.41 years to pay back of all of its debts.
AGF-B has a Debt to FCF ratio of 1.41. This is in the better half of the industry: AGF-B outperforms 77.78% of its industry peers.
A Debt/Equity ratio of 0.14 indicates that AGF-B is not too dependend on debt financing.
The Debt to Equity ratio of AGF-B (0.14) is better than 61.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 1.98 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AGF-B has a Current 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.
AGF-B has a worse Current ratio (1.06) than 74.07% of its industry peers.
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.
AGF-B's Quick ratio of 1.06 is in line compared to the rest of the industry. AGF-B outperforms 53.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.06 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.55% over the past year.
The Earnings Per Share has been growing by 19.14% on average over the past years. This is quite good.
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.
AGF-B shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.75% yearly.
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
AGF-B is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.75% yearly.
Based on estimates for the next years, AGF-B will show a small growth in Revenue. The Revenue will grow by 4.70% on average per year.
EPS Next Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue Next Year4.79%
Revenue Next 2Y4.38%
Revenue Next 3Y4.7%
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
AGF-B is valuated cheaply with a Price/Earnings ratio of 7.17.
Based on the Price/Earnings ratio, AGF-B is valued a bit cheaper than 64.20% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.03, AGF-B is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.09, the valuation of AGF-B can be described as very cheap.
Based on the Price/Forward Earnings ratio, AGF-B is valued a bit cheaper than the industry average as 69.14% of the companies are valued more expensively.
AGF-B's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 7.09 |
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 91.36% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, AGF-B is valued cheaply inside the industry as 85.19% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.71 | ||
| EV/EBITDA | 7.34 |
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)1.63
PEG (5Y)0.37
EPS Next 2Y0.81%
EPS Next 3Y6.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.07%, AGF-B is a good candidate for dividend investing.
AGF-B's Dividend Yield is rather good when compared to the industry average which is at 4.54. AGF-B pays more dividend than 81.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, AGF-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
The dividend of AGF-B is nicely growing with an annual growth rate of 7.13%!
AGF-B has been paying a dividend for at least 10 years, so it has 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
AGF-B pays out 28.75% of its income as dividend. This is a 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 2Y0.81%
EPS Next 3Y6.75%
TSX:AGF-B (8/5/2025, 7:00:00 PM)
12.11
+0.08 (+0.67%)
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 Cap788.12M
Analysts81.54
Price Target14.38 (18.74%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
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)6.82%
PT rev (3m)11.68%
EPS NQ rev (1m)0.77%
EPS NQ rev (3m)-6.04%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.35%
Revenue NQ rev (3m)3.93%
Revenue NY rev (1m)1.18%
Revenue NY rev (3m)1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.17 | ||
| Fwd PE | 7.09 | ||
| P/S | 1.52 | ||
| P/FCF | 6.71 | ||
| P/OCF | 6.52 | ||
| P/B | 0.68 | ||
| P/tB | 6.62 | ||
| EV/EBITDA | 7.34 |
EPS(TTM)1.69
EY13.96%
EPS(NY)1.71
Fwd EY14.1%
FCF(TTM)1.8
FCFY14.9%
OCF(TTM)1.86
OCFY15.33%
SpS7.96
BVpS17.92
TBVpS1.83
PEG (NY)1.63
PEG (5Y)0.37
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 | 1.98 |
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 Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue 1Y (TTM)13.53%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%2.66%
Revenue Next Year4.79%
Revenue Next 2Y4.38%
Revenue Next 3Y4.7%
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%