AssetMark Financial Holdings Inc (AMK) Stock Fundamental Analysis
NYSE:AMK - New York Stock Exchange, Inc. - US04546L1061 - Common Stock - Currency: USD
AMK gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 232 industry peers in the Capital Markets industry. AMK has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. AMK has a correct valuation and a medium growth rate. These ratings would make AMK suitable for quality investing!
1. Profitability
1.1 Basic Checks
AMK had positive earnings in the past year.
In the past year AMK had a positive cash flow from operations.
In multiple years AMK reported negative net income over the last 5 years.
AMK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AMK's Return On Assets of 8.86% is amongst the best of the industry. AMK outperforms 85.65% of its industry peers.
AMK has a Return On Equity of 10.65%. This is comparable to the rest of the industry: AMK outperforms 58.80% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.75%, AMK belongs to the top of the industry, outperforming 84.72% of the companies in the same industry.
AMK had an Average Return On Invested Capital over the past 3 years of 6.53%. This is in line with the industry average of 7.85%.
The last Return On Invested Capital (10.75%) for AMK is above the 3 year average (6.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.86% | ||
| ROE | 10.65% | ||
| ROIC | 10.75% |
ROA(3y)5.44%
ROA(5y)3.13%
ROE(3y)7.14%
ROE(5y)4.1%
ROIC(3y)6.53%
ROIC(5y)4.35%
1.3 Margins
The Profit Margin of AMK (19.43%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AMK has grown nicely.
AMK's Operating Margin of 30.00% is in line compared to the rest of the industry. AMK outperforms 52.31% of its industry peers.
AMK's Operating Margin has improved in the last couple of years.
AMK's Gross Margin of 77.45% is amongst the best of the industry. AMK outperforms 80.09% of its industry peers.
In the last couple of years the Gross Margin of AMK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30% | ||
| PM (TTM) | 19.43% | ||
| GM | 77.45% |
OM growth 3Y173.66%
OM growth 5Y12.1%
PM growth 3YN/A
PM growth 5Y11.06%
GM growth 3Y3.85%
GM growth 5Y2.66%
2. Health
2.1 Basic Checks
AMK has more shares outstanding than it did 1 year ago.
AMK has more shares outstanding than it did 5 years ago.
The debt/assets ratio for AMK has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.20 indicates that AMK is not in any danger for bankruptcy at the moment.
AMK has a better Altman-Z score (7.20) than 91.20% of its industry peers.
There is no outstanding debt for AMK. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 7.2 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
AMK has a Current Ratio of 3.27. This indicates that AMK is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 3.27, AMK belongs to the top of the industry, outperforming 81.94% of the companies in the same industry.
A Quick Ratio of 3.27 indicates that AMK has no problem at all paying its short term obligations.
The Quick ratio of AMK (3.27) is better than 81.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.27 | ||
| Quick Ratio | 3.27 |
3. Growth
3.1 Past
AMK shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.89%, which is quite impressive.
Measured over the past years, AMK shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.75% on average per year.
AMK shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.67%.
Measured over the past years, AMK shows a quite strong growth in Revenue. The Revenue has been growing by 14.27% on average per year.
EPS 1Y (TTM)22.89%
EPS 3Y31.37%
EPS 5Y23.75%
EPS Q2Q%20%
Revenue 1Y (TTM)8.67%
Revenue growth 3Y17.92%
Revenue growth 5Y14.27%
Sales Q2Q%4.11%
3.2 Future
The Earnings Per Share is expected to grow by 7.93% on average over the next years.
Based on estimates for the next years, AMK will show a small growth in Revenue. The Revenue will grow by 4.07% on average per year.
EPS Next Y16.44%
EPS Next 2Y10.33%
EPS Next 3Y6.26%
EPS Next 5Y7.93%
Revenue Next Year-6.11%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.72%
Revenue Next 5Y4.07%
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 14.27, AMK is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of AMK is on the same level as its industry peers.
AMK is valuated rather cheaply when we compare the Price/Earnings ratio to 26.92, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 12.64 indicates a correct valuation of AMK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMK is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of AMK to the average of the S&P500 Index (21.49), we can say AMK is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 12.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMK is valued cheaper than 87.04% of the companies in the same industry.
AMK's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.82 | ||
| EV/EBITDA | 9.25 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AMK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.87
PEG (5Y)0.6
EPS Next 2Y10.33%
EPS Next 3Y6.26%
5. Dividend
5.1 Amount
No dividends for AMK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.24
-0.02 (-0.06%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners0.72%
Inst Owner Change-36.33%
Ins Owners3.83%
Ins Owner Change0%
Market Cap2.64B
Analysts72.5
Price Target37.13 (5.36%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.44%
Min EPS beat(2)-1.49%
Max EPS beat(2)-1.4%
EPS beat(4)2
Avg EPS beat(4)1.18%
Min EPS beat(4)-1.49%
Max EPS beat(4)5.84%
EPS beat(8)4
Avg EPS beat(8)1.65%
EPS beat(12)7
Avg EPS beat(12)2.09%
EPS beat(16)10
Avg EPS beat(16)2.94%
Revenue beat(2)0
Avg Revenue beat(2)-2.14%
Min Revenue beat(2)-2.48%
Max Revenue beat(2)-1.79%
Revenue beat(4)1
Avg Revenue beat(4)3.36%
Min Revenue beat(4)-16.64%
Max Revenue beat(4)34.37%
Revenue beat(8)4
Avg Revenue beat(8)2.49%
Revenue beat(12)8
Avg Revenue beat(12)11.44%
Revenue beat(16)12
Avg Revenue beat(16)19.73%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.45%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.27 | ||
| Fwd PE | 12.64 | ||
| P/S | 3.58 | ||
| P/FCF | 21.82 | ||
| P/OCF | 15.64 | ||
| P/B | 1.96 | ||
| P/tB | 43.75 | ||
| EV/EBITDA | 9.25 |
EPS(TTM)2.47
EY7.01%
EPS(NY)2.79
Fwd EY7.91%
FCF(TTM)1.62
FCFY4.58%
OCF(TTM)2.25
OCFY6.39%
SpS9.85
BVpS17.98
TBVpS0.81
PEG (NY)0.87
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.86% | ||
| ROE | 10.65% | ||
| ROCE | 14.43% | ||
| ROIC | 10.75% | ||
| ROICexc | 12.47% | ||
| ROICexgc | 447.49% | ||
| OM | 30% | ||
| PM (TTM) | 19.43% | ||
| GM | 77.45% | ||
| FCFM | 16.39% |
ROA(3y)5.44%
ROA(5y)3.13%
ROE(3y)7.14%
ROE(5y)4.1%
ROIC(3y)6.53%
ROIC(5y)4.35%
ROICexc(3y)7.43%
ROICexc(5y)4.92%
ROICexgc(3y)420.6%
ROICexgc(5y)N/A
ROCE(3y)8.77%
ROCE(5y)5.83%
ROICexcg growth 3Y241.08%
ROICexcg growth 5YN/A
ROICexc growth 3Y204.19%
ROICexc growth 5Y21.2%
OM growth 3Y173.66%
OM growth 5Y12.1%
PM growth 3YN/A
PM growth 5Y11.06%
GM growth 3Y3.85%
GM growth 5Y2.66%
F-Score8
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 123.53% | ||
| Cap/Sales | 6.48% | ||
| Interest Coverage | 26.26 | ||
| Cash Conversion | 64.87% | ||
| Profit Quality | 84.33% | ||
| Current Ratio | 3.27 | ||
| Quick Ratio | 3.27 | ||
| Altman-Z | 7.2 |
F-Score8
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)163.76%
Cap/Depr(5y)129.64%
Cap/Sales(3y)8.88%
Cap/Sales(5y)7.75%
Profit Quality(3y)175.31%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.89%
EPS 3Y31.37%
EPS 5Y23.75%
EPS Q2Q%20%
EPS Next Y16.44%
EPS Next 2Y10.33%
EPS Next 3Y6.26%
EPS Next 5Y7.93%
Revenue 1Y (TTM)8.67%
Revenue growth 3Y17.92%
Revenue growth 5Y14.27%
Sales Q2Q%4.11%
Revenue Next Year-6.11%
Revenue Next 2Y-1.18%
Revenue Next 3Y0.72%
Revenue Next 5Y4.07%
EBIT growth 1Y46.53%
EBIT growth 3Y222.7%
EBIT growth 5Y28.1%
EBIT Next Year24.57%
EBIT Next 3Y10.53%
EBIT Next 5Y10.69%
FCF growth 1Y26.81%
FCF growth 3Y38.63%
FCF growth 5Y23.51%
OCF growth 1Y28.71%
OCF growth 3Y31.45%
OCF growth 5Y23.14%