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

AMP is expensive based on its Price-To-Earnings Ratio (54.6x) compared to the peer average (45.2x).

How does AMP's PE Ratio compare vs other companies in the Global Diversified Financial Industry?

AMP is expensive based on its Price-To-Earnings Ratio (54.6x) compared to the Global Diversified Financial industry average (15.7x).

What is AMP'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.

AMP is expensive based on its Price-To-Earnings Ratio (54.6x) compared to the estimated Fair Price-To-Earnings Ratio (25.3x).

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

AMP (A$1.51) is trading below our estimate of [[fair value]] (A$1.55)

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

Target price is lower than the current share price.

AMP (ASX:AMP) - Stock Price, News & Analysis

AMP Stock Overview

Provides banking, super, retirement, and advice services in Australia and New Zealand. More details

AMP fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	2/6
Financial Health	0/6
Dividends	2/6

Rewards

Trading at 2.5% below our estimate of its fair value

Earnings are forecast to grow 26.56% per year

Became profitable this year

Risk Analysis

Interest payments are not well covered by earnings

Dividend of 2.65% is not well covered by earnings

Large one-off items impacting financial results

AMP Limited Competitors

Challenger

ASX:CGF

AU$4.2b

Pinnacle Investment Management Group

ASX:PNI

AU$4.3b

HMC Capital

ASX:HMC

AU$4.8b

Argo Investments

ASX:ARG

AU$6.9b

Price History & Performance

Summary of all time highs, changes and price drops for AMP
Historical stock prices
Current Share Price	AU$1.51
52 Week High	AU$1.60
52 Week Low	AU$0.85
Beta	0.63
11 Month Change	4.14%
3 Month Change	17.97%
1 Year Change	67.78%
33 Year Change	44.50%
5 Year Change	-22.56%
Change since IPO	-93.43%

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For AMP Limited's (ASX:AMP) CEO For Now

Apr 05

Shareholder Returns

	AMP	AU Diversified Financial	AU Market
7D	0.3%	0.4%	1.5%
1Y	67.8%	12.6%	17.2%

Return vs Industry: AMP exceeded the Australian Diversified Financial industry which returned 12.6% over the past year.

Return vs Market: AMP exceeded the Australian Market which returned 17.2% over the past year.

Price Volatility

Is AMP's price volatile compared to industry and market?
AMP volatility
AMP Average Weekly Movement	5.9%
Diversified Financial Industry Average Movement	6.7%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.4%

Stable Share Price: AMP has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: AMP's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1849	2,664	Alexis George	www.amp.com.au

AMP Limited provides banking, super, retirement, and advice services in Australia and New Zealand. It operates through AMP Bank, Platform, Master Trust, Advice, and New Zealand Wealth Management (NZWM) segments. The company provides superannuation, retirement, and investment solutions; pension solutions; and SignatureSuper, a retail master trust.

AMP Limited Fundamentals Summary

How do AMP's earnings and revenue compare to its market cap?
AMP fundamental statistics
Market cap	AU$3.85b
Earnings (TTM)	AU$70.00m
Revenue (TTM)	AU$3.09b

54.6x

P/E Ratio

1.2x

P/S Ratio

Is AMP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMP income statement (TTM)
Revenue	AU$3.09b
Cost of Revenue	AU$0
Gross Profit	AU$3.09b
Other Expenses	AU$3.02b
Earnings	AU$70.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 12, 2025

Earnings per share (EPS)	0.028
Gross Margin	100.00%
Net Profit Margin	2.26%
Debt/Equity Ratio	733.3%

How did AMP perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

156%

Payout Ratio

AMP Stock Overview

Rewards

Risk Analysis

AMP Limited Competitors

ASX:CGF

AU$4.2b

ASX:PNI

AU$4.3b

ASX:HMC

AU$4.8b

ASX:ARG

AU$6.9b

Price History & Performance

Recent News & Updates

AMP Reportedly May Look to Do Deal with Insignia Once Business Settles Down

Price target increased by 7.0% to AU$1.42

Investor sentiment improves as stock rises 21%

AMP Limited to Report Fiscal Year 2024 Results on Feb 13, 2025

Investor sentiment improves as stock rises 16%

First half dividend of AU$0.02 announced

Recent updates

AMP Reportedly May Look to Do Deal with Insignia Once Business Settles Down

Price target increased by 7.0% to AU$1.42

Investor sentiment improves as stock rises 21%

AMP Limited to Report Fiscal Year 2024 Results on Feb 13, 2025

Investor sentiment improves as stock rises 16%

First half dividend of AU$0.02 announced

Price target increased by 8.3% to AU$1.22

First half 2024 earnings released

Amp Limited Declares Interim Dividend, Payable on September 27, 2024

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For AMP Limited's (ASX:AMP) CEO For Now

Consensus EPS estimates fall by 10%

Upcoming dividend of AU$0.02 per share

AMP (ASX:AMP) Will Pay A Dividend Of A$0.02

Final dividend of AU$0.02 announced

New minor risk - Earnings quality

Price target increased by 9.4% to AU$1.10

Full year 2023 earnings: EPS exceeds analyst expectations

AMP Limited (ASX:AMP) announces an Equity Buyback for AUD 295 million worth of its shares.

High number of new directors

AMP Limited to Report First Half, 2024 Results on Aug 08, 2024

AMP Limited to Report Q2, 2024 Results on Aug 08, 2024

AMP Limited, Annual General Meeting, Apr 12, 2024

AMP Bank Limited and AMP Limited Announces Board Changes

Amp Announces Appointment of Kavita Mistry as Chief Technology Officer and Member of the Executive Committee

AMP Announces Settlement of Buyer of Last Resort Class Action Proceedings

AMP Announces Settlement of Buyer of Last Resort Class Action Proceedings

AMP Appoints Melinda Howes as Group Executive Superannuation and Investments and Member of Group Executive Committee

AMP Limited Announces Resignation of Felicia Trewin as Chief Technology Officer

A private management group led by Matthew Rowe, Brad Ackermann and Andrew Row along with Pemba Capital Partners Pty Limited entered into an agreement to acquire SuperConcepts Pty Ltd from AMP Limited (ASX:AMP) for AUD 8 million.

AMP Limited Announces Chief Financial Officer Changes

AMP Limited Announces Ordinary Dividend for the Six Months Ended December 31, 2022, Payable on April 3, 2023

AMP Limited to Report First Half, 2023 Results on Aug 10, 2023

AMP Limited to Report Fiscal Year 2022 Results on Feb 16, 2023

AMP Limited Announces Chief Financial Officer Changes

AMP Reportedly in Box Seat with Westpac Wealth Unit Offer

AMP Limited Announces Resignation of Michael Hirst as Director

AMP Limited Declares Quarterly Dividend for the Period Ending September 15, 2022, Payable on September 16, 2022

Amp Limited Sponsored ADR to Be Deleted from Other OTC

Macquarie Reportedly Out of Westpac Race

Resolution Life Group Holdings LP completed the acquisition of remaining 19.13% stake in Resolution Life NOHC Pty Limited (RLA) from AMP Limited (ASX:AMP) for approximately AUD 520 million.

AMP Limited Appoints Andrew Best as an Independent, Non-Executive Director, Effective 1 July 2022

Amp Limited Estimates Ordinary Distribution of CAP NOTE 3-BBSW+4.50% PERP NON-CUM RED T-12-25 for the Quarter Ending September 15, 2022, Payable September 16, 2022

Amp Limited Announces Ordinary Distribution of Cap Note 3-Bbsw+4.50% Perp Non-Cum Red T-12-25 for the Quarter Ending June 15,2022, Payable June 16,2022

Westpac Banking Corporation Reportedly Takes Receipt of Indicative Bids for Its Investment Platform Business

Dexus Confirms Discussions with AMP

AMP Confirms in Talks to Sell Investment Management Unit with Multiple Parties, Including Dexus

Cromwell Property Reportedly in Talks with AMP to Buy Collimate

AMP Limited Announces John O'Sullivan Steps Down from the Board, Effective April 8, 2022

Amp Limited Announces Changes to Company Secretary

AMP Limited to Report Fiscal Year 2021 Results on Mar 08, 2022

Blackstone Reportedly Looks At AMP Capital

John O'Sullivan Announces Not to Stand for Re-Election to the Board of AMP Limited and AMP Bank

AMP Confirms Sole Listing on ASX

AMP Announces Delisting from the NZX Main Board

Westpac Banking Corporation (ASX:WBC) agreed to acquire MoneyBrilliant Pty Ltd from AMP Limited (ASX:AMP) and Peter Lalor.

Consensus forecasts updated

Consensus forecasts updated

Price target decreased to AU$1.21

Independent & Non-Executive Chairman recently bought AU$60k worth of stock