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 82 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! 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
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.
AGF-B had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AGF-B's Return On Assets of 5.80% is fine compared to the rest of the industry. AGF-B outperforms 74.39% of its industry peers.
Looking at the Return On Equity, with a value of 8.54%, AGF-B is in the better half of the industry, outperforming 70.73% of the companies in the same industry.
With a decent Return On Invested Capital value of 4.82%, AGF-B is doing good in the industry, outperforming 73.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AGF-B is below the industry average of 7.80%.
The last Return On Invested Capital (4.82%) for AGF-B is above the 3 year average (4.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 8.54% | ||
| ROIC | 4.82% |
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 18.97%. This is in the better half of the industry: AGF-B outperforms 67.07% 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 19.56%, AGF-B is in line with its industry, outperforming 43.90% of the companies in the same industry.
AGF-B's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 71.91%, AGF-B is in the better half of the industry, outperforming 78.05% 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 | 19.56% | ||
| PM (TTM) | 18.97% | ||
| GM | 71.91% |
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.
The number of shares outstanding for AGF-B has been reduced compared to 5 years ago.
The debt/assets ratio for AGF-B has been reduced compared to a year ago.
2.2 Solvency
AGF-B has an Altman-Z score of 1.98. 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.
AGF-B has a better Altman-Z score (1.98) than 70.73% of its industry peers.
The Debt to FCF ratio of AGF-B is 1.50, which is an excellent value as it means it would take AGF-B, only 1.50 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.50, AGF-B is in the better half of the industry, outperforming 76.83% 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.
AGF-B has a Debt to Equity ratio of 0.14. This is in the better half of the industry: AGF-B outperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.5 | ||
| Altman-Z | 1.98 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AGF-B has a Current Ratio of 1.36. This is a normal value and indicates that AGF-B is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of AGF-B (1.36) is better than 62.20% of its industry peers.
A Quick Ratio of 1.36 indicates that AGF-B should not have too much problems paying its short term obligations.
AGF-B's Quick ratio of 1.36 is fine compared to the rest of the industry. AGF-B outperforms 62.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
AGF-B shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.45%.
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 16.46% 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)6.45%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%-5.88%
Revenue 1Y (TTM)16.46%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%19.68%
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 4.08% on average per year.
EPS Next Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue Next Year3.56%
Revenue Next 2Y2.67%
Revenue Next 3Y4.08%
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
With a Price/Earnings ratio of 7.27, the valuation of AGF-B can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of AGF-B is on the same level as its industry peers.
When comparing the Price/Earnings ratio of AGF-B to the average of the S&P500 Index (26.59), we can say AGF-B is valued rather cheaply.
AGF-B is valuated cheaply with a Price/Forward Earnings ratio of 7.03.
69.51% 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 22.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 7.03 |
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 85.37% of the companies in the same industry.
82.93% of the companies in the same industry are more expensive than AGF-B, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.89 | ||
| EV/EBITDA | 7.98 |
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)1.66
PEG (5Y)0.38
EPS Next 2Y0.81%
EPS Next 3Y6.75%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.19%, 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 3.22. AGF-B pays more dividend than 82.93% of the companies in the same industry.
AGF-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.19% |
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
29.95% 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.
DP29.95%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
TSX:AGF-B (6/6/2025, 7:00:00 PM)
12
+0.07 (+0.59%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners13.05%
Inst Owner ChangeN/A
Ins Owners2.19%
Ins Owner ChangeN/A
Market Cap784.56M
Analysts81.43
Price Target13.05 (8.75%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.19% |
Yearly Dividend0.45
Dividend Growth(5Y)7.13%
DP29.95%
Div Incr Years4
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.81%
Min EPS beat(2)11.55%
Max EPS beat(2)16.07%
EPS beat(4)2
Avg EPS beat(4)6.21%
Min EPS beat(4)-2.03%
Max EPS beat(4)16.07%
EPS beat(8)5
Avg EPS beat(8)13.55%
EPS beat(12)8
Avg EPS beat(12)10.46%
EPS beat(16)11
Avg EPS beat(16)7.55%
Revenue beat(2)1
Avg Revenue beat(2)-5.48%
Min Revenue beat(2)-11.4%
Max Revenue beat(2)0.45%
Revenue beat(4)2
Avg Revenue beat(4)-4.47%
Min Revenue beat(4)-11.4%
Max Revenue beat(4)2.95%
Revenue beat(8)3
Avg Revenue beat(8)-3.72%
Revenue beat(12)3
Avg Revenue beat(12)-4.87%
Revenue beat(16)3
Avg Revenue beat(16)-4.89%
PT rev (1m)1.32%
PT rev (3m)-5.25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.31%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 7.03 | ||
| P/S | 1.52 | ||
| P/FCF | 6.89 | ||
| P/OCF | 6.74 | ||
| P/B | 0.68 | ||
| P/tB | 7.86 | ||
| EV/EBITDA | 7.98 |
EPS(TTM)1.65
EY13.75%
EPS(NY)1.71
Fwd EY14.23%
FCF(TTM)1.74
FCFY14.52%
OCF(TTM)1.78
OCFY14.84%
SpS7.9
BVpS17.54
TBVpS1.53
PEG (NY)1.66
PEG (5Y)0.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.8% | ||
| ROE | 8.54% | ||
| ROCE | 6.3% | ||
| ROIC | 4.82% | ||
| ROICexc | 5% | ||
| ROICexgc | 15.43% | ||
| OM | 19.56% | ||
| PM (TTM) | 18.97% | ||
| GM | 71.91% | ||
| FCFM | 22.04% |
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-Score6
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.5 | ||
| Debt/EBITDA | 1.49 | ||
| Cap/Depr | 26.48% | ||
| Cap/Sales | 0.49% | ||
| Interest Coverage | 24.08 | ||
| Cash Conversion | 105.26% | ||
| Profit Quality | 116.24% | ||
| Current Ratio | 1.36 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 1.98 |
F-Score6
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)6.45%
EPS 3Y45.98%
EPS 5Y19.14%
EPS Q2Q%-5.88%
EPS Next Y4.38%
EPS Next 2Y0.81%
EPS Next 3Y6.75%
EPS Next 5YN/A
Revenue 1Y (TTM)16.46%
Revenue growth 3Y4.05%
Revenue growth 5Y4.75%
Sales Q2Q%19.68%
Revenue Next Year3.56%
Revenue Next 2Y2.67%
Revenue Next 3Y4.08%
Revenue Next 5YN/A
EBIT growth 1Y11.7%
EBIT growth 3Y40.94%
EBIT growth 5Y21.68%
EBIT Next Year45.26%
EBIT Next 3Y13.66%
EBIT Next 5YN/A
FCF growth 1Y86.32%
FCF growth 3Y48.19%
FCF growth 5Y11.23%
OCF growth 1Y57.3%
OCF growth 3Y33.83%
OCF growth 5Y11.16%