Ameriprise Financial, Inc.

WBAG:AMPF Stock Report

Market Cap: €50.3b

Ameriprise Financial Valuation

Is AMPF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AMPF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMPF (€522) is trading below our estimate of fair value (€914.84)

Significantly Below Fair Value: AMPF is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMPF?

Key metric: As AMPF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AMPF. This is calculated by dividing AMPF's market cap by their current earnings.
What is AMPF's PE Ratio?
PE Ratio19x
EarningsUS$2.71b
Market CapUS$51.65b

Price to Earnings Ratio vs Peers

How does AMPF's PE Ratio compare to its peers?

The above table shows the PE ratio for AMPF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average56.6x
BK Bank of New York Mellon
16.8x10.8%US$55.9b
III 3i Group
8.3x16.4%UK£34.9b
ARES Ares Management
83.5x38.4%US$55.4b
BN Brookfield
117.6xn/aCA$124.6b
AMPF Ameriprise Financial
19x9.2%€51.7b

Price-To-Earnings vs Peers: AMPF is good value based on its Price-To-Earnings Ratio (19x) compared to the peer average (56.6x).

Price to Earnings Ratio vs Industry

How does AMPF's PE Ratio compare vs other companies in the European Capital Markets Industry?

16 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AMPF 19.0xIndustry Avg. 13.3xNo. of Companies41PE01224364860+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMPF is expensive based on its Price-To-Earnings Ratio (19x) compared to the European Capital Markets industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is AMPF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMPF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AMPF's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AMPF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€522.00
€539.57
+3.4%
13.4%€630.08€400.43n/a10
Dec ’25€546.00
€514.80
-5.7%
11.8%€618.06€392.80n/a10
Nov ’25€475.40
€480.29
+1.0%
10.0%€552.48€382.13n/a10
Oct ’25€426.30
€420.66
-1.3%
6.8%€459.13€372.88n/a11
Sep ’25€402.10
€430.29
+7.0%
6.8%€468.05€383.88n/a11
Aug ’25€389.00
€430.29
+10.6%
6.8%€468.05€383.88n/a11
Jul ’25€399.20
€431.19
+8.0%
6.8%€469.38€360.41n/a11
Jun ’25€394.00
€427.44
+8.5%
6.5%€462.05€360.40n/a11
May ’25€385.40
€423.31
+9.8%
8.2%€466.35€346.31n/a12
Apr ’25€407.50
€397.24
-2.5%
9.3%€452.23€333.61n/a11
Mar ’25€374.90
€391.85
+4.5%
7.9%€443.17€333.07n/a12
Feb ’25€350.90
€382.69
+9.1%
7.8%€417.33€332.39n/a11
Jan ’25€342.00
€341.66
-0.1%
6.0%€372.28€295.10€505.4012
Dec ’24€327.00
€343.70
+5.1%
7.4%€378.10€276.66€546.0012
Nov ’24€298.40
€351.23
+17.7%
7.9%€388.02€283.92€475.4011
Oct ’24€315.30
€356.20
+13.0%
8.4%€388.19€284.04€426.3011
Sep ’24€317.40
€344.48
+8.5%
8.5%€377.00€275.85€402.1011
Aug ’24€317.60
€340.28
+7.1%
8.7%€373.31€273.15€389.0011
Jul ’24€305.70
€328.85
+7.6%
9.3%€365.79€255.42€399.2010
Jun ’24€281.50
€336.57
+19.6%
9.6%€383.64€262.00€394.0010
May ’24€270.30
€329.55
+21.9%
9.3%€373.72€255.22€385.4011
Apr ’24€280.50
€338.84
+20.8%
11.5%€396.42€258.13€407.5011
Mar ’24€321.70
€342.11
+6.3%
10.2%€391.43€261.26€374.9011
Feb ’24€320.90
€342.11
+6.6%
10.2%€391.43€261.26€350.9011
Jan ’24€291.30
€331.12
+13.7%
6.8%€368.79€278.53€342.0011

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 01:06
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ameriprise Financial, Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Alan DevlinAtlantic Equities LLP
Jay GelbBarclays