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AGF Management B NV (TSE:AGF.B)
TSX:AGF.B
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AGF.B Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$7.04 - C$11.53
Previous CloseC$11.19
Volume73.13K
Average Volume (3M)124.27K
Market Cap
C$726.96M
Enterprise ValueC$892.16M
Total Cash (Recent Filing)C$63.93M
Total Debt (Recent Filing)C$197.90M
Price to Earnings (P/E)8.4
Beta0.84
Next Earnings
Jan 22, 2025EPS Estimate
C$0.37Last Dividend Ex-Date
Oct 10, 2024Dividend Yield4.05%
Share Statistics
EPS (TTM)1.33
Shares Outstanding64,596,421
10 Day Avg. Volume119,308
30 Day Avg. Volume124,272
Standard Deviation0.13
R-Squared0.41
Alpha0.00940
Financial Highlights & Ratios
Price to Book (P/B)0.65
Price to Sales (P/S)1.60
Price to Cash Flow (P/CF)N/A
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$11.96Price Target Upside9.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Bulls Say, Bears Say
Bulls Say
Earnings GrowthForecasting positive flows and strong earnings growth as AGF's mutual fund AUM gained 4.2% during the quarter.
Share BuybacksAGF repurchased 300,000 shares and will continue allocating capital through share buybacks, dividends, and investment in areas of growth.
Valuation PotentialAGF continues to trade well below its historical valuation multiples, suggesting potential for share price re-rating and multiple expansion with improving investor sentiment.
Bears Say
Assets Under ManagementAGF's $43B AUM appears to lack scale in a business that increasingly demands significantly more scale, especially given fee pressures.
Fee PressuresIn an environment where business demands significantly more scale, AGF's $43B AUM appears insufficient, especially when considering the pressures on fees.
Financial FlowsQ4/24 QTD flows were flat and modestly weaker than expected, with management pointing towards a shift from money market funds into fixed income funds fostered by rate cuts.
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Options Prices
Currently, No data available
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Ownership Overview
43.95% Insiders
3.37% Mutual Funds
0.47% Other Institutional Investors
51.35% Public Companies and
Individual Investors
AGF.B FAQ
What was AGF Management B NV’s price range in the past 12 months?
AGF Management B NV lowest stock price was C$7.04 and its highest was C$11.53 in the past 12 months.
What is AGF Management B NV’s market cap?
Currently, no data Available
When is AGF Management B NV’s upcoming earnings report date?
AGF Management B NV’s upcoming earnings report date is Jan 22, 2025 which is in 67 days.
How were AGF Management B NV’s earnings last quarter?
AGF Management B NV released its earnings results on Sep 25, 2024. The company reported C$0.37 earnings per share for the quarter, beating the consensus estimate of C$0.365 by C$0.005.
Is AGF Management B NV overvalued?
According to Wall Street analysts AGF Management B NV’s price is currently Undervalued.
Does AGF Management B NV pay dividends?
AGF Management B NV pays a Quarterly dividend of C$0.12 which represents an annual dividend yield of 4.05%. See more information on AGF Management B NV dividends here
What is AGF Management B NV’s EPS estimate?
AGF Management B NV’s EPS estimate is C$0.37.
How many shares outstanding does AGF Management B NV have?
AGF Management B NV has 64,907,550 shares outstanding.
What happened to AGF Management B NV’s price movement after its last earnings report?
AGF Management B NV reported an EPS of C$0.37 in its last earnings report, beating expectations of C$0.365. Following the earnings report the stock price went down -3.412%.
Which hedge fund is a major shareholder of AGF Management B NV?
Currently, no hedge funds are holding shares in TSE:AGF.B
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AGF Management B NV Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$11.96 (9.72% Upside)
C$11.96 (9.72% Upside)
Insider Transactions
Sold Shares
Worth C$1.9M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.21%
12-Months-Change
Fundamentals
Return on Equity
7.86%
Trailing 12-Months
Asset Growth
15.80%
Trailing 12-Months
Company Description
AGF Management B NV
AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of August 2020, the firm had CAD 37.0 billion in total assets under management. AGF Management's funds are weighted more heavily toward equities, with just under two thirds of retail AUM being equity related. That said, the company does use fundamental, quantitative and alternative strategies to manages its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with 32% of AUM derived from institutional and subadvised accounts. The company also derives 16% of its managed assets from high-net-worth clients.
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AGF.B Stock 12 Month Forecast
Average Price Target
C$11.96
▲(9.72% Upside)
Technical Analysis
Fiera Capital A
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Power Corp of Canada
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Intact Financial Corporation
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Guardian Cap Cl A NV
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Best Analysts Covering AGF.B
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+20.54%
reiterated a buy rating 2 months ago
Copying Graham Ryding's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +20.54% per trade.
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