ARTISAN PARTNERS ASSET MA -A (APAM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:APAM - US04316A1088 - Common Stock
43.09 USD
-0.89 (-2.02%)
43.09 USD
0 (0%)
Overall APAM gets a fundamental rating of 6 out of 10. We evaluated APAM against 238 industry peers in the Capital Markets industry. While APAM belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. APAM is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- APAM had positive earnings in the past year.
- In the past year APAM had a positive cash flow from operations.
- APAM had positive earnings in each of the past 5 years.
- In the past 5 years APAM always reported a positive cash flow from operatings.
1.2 Ratios
- APAM's Return On Assets of 15.18% is amongst the best of the industry. APAM outperforms 94.96% of its industry peers.
- APAM has a Return On Equity of 59.73%. This is amongst the best in the industry. APAM outperforms 99.16% of its industry peers.
- APAM has a Return On Invested Capital of 34.16%. This is amongst the best in the industry. APAM outperforms 99.58% of its industry peers.
- APAM had an Average Return On Invested Capital over the past 3 years of 34.78%. This is significantly above the industry average of 7.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.18% | ||
| ROE | 59.73% | ||
| ROIC | 34.16% |
ROA(3y)14.66%
ROA(5y)17.13%
ROE(3y)64.55%
ROE(5y)81.8%
ROIC(3y)34.78%
ROIC(5y)46.29%
1.3 Margins
- APAM has a Profit Margin (20.73%) which is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of APAM has grown nicely.
- With a decent Operating Margin value of 32.57%, APAM is doing good in the industry, outperforming 62.60% of the companies in the same industry.
- APAM's Operating Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 32.57% | ||
| PM (TTM) | 20.73% | ||
| GM | N/A |
OM growth 3Y-9.19%
OM growth 5Y-1.45%
PM growth 3Y-4.94%
PM growth 5Y4.74%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
- APAM has more shares outstanding than it did 1 year ago.
- APAM has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, APAM has an improved debt to assets ratio.
2.2 Solvency
- APAM has an Altman-Z score of 3.32. This indicates that APAM is financially healthy and has little risk of bankruptcy at the moment.
- APAM has a Altman-Z score of 3.32. This is in the better half of the industry: APAM outperforms 76.89% of its industry peers.
- The Debt to FCF ratio of APAM is 0.76, which is an excellent value as it means it would take APAM, only 0.76 years of fcf income to pay off all of its debts.
- APAM has a Debt to FCF ratio of 0.76. This is amongst the best in the industry. APAM outperforms 89.92% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that APAM is not too dependend on debt financing.
- APAM has a Debt to Equity ratio of 0.47. This is in the better half of the industry: APAM outperforms 65.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 0.76 | ||
| Altman-Z | 3.32 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
- APAM has a Current Ratio of 0.70. This is a bad value and indicates that APAM is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.70, APAM is doing worse than 66.39% of the companies in the same industry.
- APAM has a Quick Ratio of 0.70. This is a bad value and indicates that APAM is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.70, APAM is not doing good in the industry: 65.97% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.7 | ||
| Quick Ratio | 0.7 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 5.07% over the past year.
- The Earnings Per Share has been growing slightly by 5.86% on average over the past years.
- Looking at the last year, APAM shows a quite strong growth in Revenue. The Revenue has grown by 14.02% in the last year.
- Measured over the past years, APAM shows a small growth in Revenue. The Revenue has been growing by 6.83% on average per year.
EPS 1Y (TTM)5.07%
EPS 3Y-10.97%
EPS 5Y5.86%
EPS Q2Q%0%
Revenue 1Y (TTM)14.02%
Revenue growth 3Y-3.24%
Revenue growth 5Y6.83%
Sales Q2Q%0%
3.2 Future
- APAM is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.89% yearly.
- The Revenue is expected to grow by 6.86% on average over the next years.
EPS Next Y7.89%
EPS Next 2Y8.37%
EPS Next 3Y6.89%
EPS Next 5YN/A
Revenue Next Year6.81%
Revenue Next 2Y6.93%
Revenue Next 3Y6.86%
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 stable.
- 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 11.55 indicates a reasonable valuation of APAM.
- Based on the Price/Earnings ratio, APAM is valued a bit cheaper than the industry average as 62.18% of the companies are valued more expensively.
- The average S&P500 Price/Earnings ratio is at 27.21. APAM is valued rather cheaply when compared to this.
- APAM is valuated reasonably with a Price/Forward Earnings ratio of 10.34.
- Based on the Price/Forward Earnings ratio, APAM is valued a bit cheaper than the industry average as 72.69% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, APAM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.55 | ||
| Fwd PE | 10.34 |
4.2 Price Multiples
- 89.92% of the companies in the same industry are more expensive than APAM, based on the Enterprise Value to EBITDA ratio.
- APAM's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. APAM is cheaper than 72.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.99 | ||
| EV/EBITDA | 8.78 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- APAM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.46
PEG (5Y)1.97
EPS Next 2Y8.37%
EPS Next 3Y6.89%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.04%, APAM is a good candidate for dividend investing.
- APAM's Dividend Yield is a higher than the industry average which is at 6.10.
- APAM's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.04% |
5.2 History
- The dividend of APAM has a limited annual growth rate of 2.62%.
- APAM has been paying a dividend for at least 10 years, so it has a reliable track record.
- The dividend of APAM decreased recently.
Dividend Growth(5Y)2.62%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 105.20% of the earnings are spent on dividend by APAM. This is not a sustainable payout ratio.
- APAM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP105.2%
EPS Next 2Y8.37%
EPS Next 3Y6.89%
ARTISAN PARTNERS ASSET MA -A / APAM FAQ
What is the fundamental rating for APAM stock?
ChartMill assigns a fundamental rating of 6 / 10 to APAM.
What is the valuation status of ARTISAN PARTNERS ASSET MA -A (APAM) stock?
ChartMill assigns a valuation rating of 6 / 10 to ARTISAN PARTNERS ASSET MA -A (APAM). This can be considered as Fairly Valued.
What is the profitability of APAM stock?
ARTISAN PARTNERS ASSET MA -A (APAM) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for APAM stock?
The Price/Earnings (PE) ratio for ARTISAN PARTNERS ASSET MA -A (APAM) is 11.55 and the Price/Book (PB) ratio is 8.65.
Can you provide the financial health for APAM stock?
The financial health rating of ARTISAN PARTNERS ASSET MA -A (APAM) is 5 / 10.