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. 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. With these ratings, AGF-B could be worth investigating further for value 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.
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
With a decent Return On Assets value of 6.10%, AGF-B is doing good in the industry, outperforming 75.90% of the companies in the same industry.
The Return On Equity of AGF-B (8.93%) is better than 71.08% of its industry peers.
The Return On Invested Capital of AGF-B (5.28%) is better than 74.70% 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 7.88%.
The 3 year average ROIC (4.73%) for AGF-B is below the current ROIC(5.28%), indicating increased profibility in the last year.
| 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
AGF-B has a better Profit Margin (20.10%) than 67.47% of its industry peers.
AGF-B's Profit Margin has improved in the last couple of years.
AGF-B has a Operating Margin (21.35%) which is in line with its industry peers.
AGF-B's Operating Margin has improved in the last couple of years.
AGF-B has a better Gross Margin (71.90%) than 77.11% of its industry peers.
AGF-B's Gross Margin has improved in the last couple of years.
| 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
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
An Altman-Z score of 2.03 indicates that AGF-B is not a great score, but indicates only limited risk for bankruptcy at the moment.
AGF-B's Altman-Z score of 2.03 is fine compared to the rest of the industry. AGF-B outperforms 69.88% 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's Debt to FCF ratio of 1.41 is fine compared to the rest of the industry. AGF-B outperforms 78.31% 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 62.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.14 | ||
| Debt/FCF | 1.41 | ||
| Altman-Z | 2.03 |
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 worse Current ratio (1.06) than 71.08% of its industry peers.
A Quick Ratio of 1.06 indicates that AGF-B should not have too much problems paying 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 55.42% of its industry peers.
| 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.
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.
The Revenue has grown by 13.53% in the past year. This is quite good.
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)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 4.08% 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
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.47 indicates a rather cheap valuation of AGF-B.
AGF-B's Price/Earnings ratio is a bit cheaper when compared to the industry. AGF-B is cheaper than 61.45% of the companies in the same industry.
When comparing the Price/Earnings ratio of AGF-B to the average of the S&P500 Index (27.41), we can say AGF-B is valued rather cheaply.
The Price/Forward Earnings ratio is 7.40, which indicates a rather cheap valuation of AGF-B.
Based on the Price/Forward Earnings ratio, AGF-B is valued a bit cheaper than the industry average as 69.88% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 35.19. AGF-B is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.47 | ||
| Fwd PE | 7.4 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AGF-B indicates a rather cheap valuation: AGF-B is cheaper than 90.36% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, AGF-B is valued cheaply inside the industry as 84.34% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.03 | ||
| EV/EBITDA | 7.7 |
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)1.7
PEG (5Y)0.39
EPS Next 2Y0.81%
EPS Next 3Y6.75%
5. Dividend
5.1 Amount
AGF-B has a Yearly Dividend Yield of 3.90%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.35, AGF-B has a dividend in line with its industry peers.
AGF-B's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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.
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
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 2Y0.81%
EPS Next 3Y6.75%
TSX:AGF-B (7/11/2025, 7:00:00 PM)
12.63
-0.2 (-1.56%)
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 Cap825.50M
Analysts81.54
Price Target13.46 (6.57%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
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)3.19%
PT rev (3m)-1.62%
EPS NQ rev (1m)-6.76%
EPS NQ rev (3m)-6.76%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)3.57%
Revenue NQ rev (3m)3.57%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.47 | ||
| Fwd PE | 7.4 | ||
| P/S | 1.59 | ||
| P/FCF | 7.03 | ||
| P/OCF | 6.83 | ||
| P/B | 0.71 | ||
| P/tB | 6.94 | ||
| EV/EBITDA | 7.7 |
EPS(TTM)1.69
EY13.38%
EPS(NY)1.71
Fwd EY13.52%
FCF(TTM)1.8
FCFY14.22%
OCF(TTM)1.85
OCFY14.64%
SpS7.93
BVpS17.84
TBVpS1.82
PEG (NY)1.7
PEG (5Y)0.39
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 | 2.03 |
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 Year3.56%
Revenue Next 2Y2.67%
Revenue Next 3Y4.08%
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%