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AMP

AMPASX:AMP Stock Report

Last Price

AU$0.96

Market Cap

AU$3.1b

7D

-1.0%

1Y

-37.9%

Updated

17 Jan, 2022

Data

Company Financials +
AMP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health0/6
Dividends0/6

AMP Stock Overview

AMP Limited operates as a wealth management company in Australia and internationally.

AMP Competitors

Challenger

ASX:CGF

AU$4.3b

Commonwealth Bank of Australia

ASX:CBA

AU$172.5b

National Australia Bank

ASX:NAB

AU$95.8b

Australia and New Zealand Banking Group

ASX:ANZ

AU$80.8b

Price History & Performance

Summary of all time highs, changes and price drops for AMP
Historical stock prices
Current Share PriceAU$0.96
52 Week HighAU$1.59
52 Week LowAU$0.89
Beta0.84
1 Month Change6.63%
3 Month Change-13.84%
1 Year Change-37.94%
3 Year Change-63.31%
5 Year Change-80.70%
Change since IPO-95.80%

Recent News & Updates

Shareholder Returns

AMPAU Diversified FinancialAU Market
7D-1.0%-1.9%-0.5%
1Y-37.9%-16.9%10.4%

Return vs Industry: AMP underperformed the Australian Diversified Financial industry which returned -16.9% over the past year.

Return vs Market: AMP underperformed the Australian Market which returned 10.4% over the past year.

Price Volatility

Is AMP's price volatile compared to industry and market?
AMP volatility
AMP Average Weekly Movement5.7%
Diversified Financial Industry Average Movement5.7%
Market Average Movement8.4%
10% most volatile stocks in AU Market15.2%
10% least volatile stocks in AU Market3.6%

Stable Share Price: AMP is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.

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

About the Company

FoundedEmployeesCEOWebsite
18495,798Alexis Georgehttps://www.amp.com.au

AMP Limited operates as a wealth management company in Australia and internationally. The company offers financial advice and platform administration services, unit linked superannuation products, and retirement income and managed investment products for individuals; and residential mortgages, residential and investment property home loans, deposits, transaction banking services, SMSF products, and loans to AMP-aligned financial adviser practices through digital, online, and phone channels, as well as through financial advisers and home loan brokers. It also manages investments across various asset classes, including infrastructure debt, infrastructure equity, real estate, equities, fixed interest, diversified, and multi-manager and multi-asset funds for institutional and direct clients; and real estate and infrastructure assets, which include shopping centres, airports, and trains on behalf of funds and clients.

AMP Fundamentals Summary

How do AMP's earnings and revenue compare to its market cap?
AMP fundamental statistics
Market CapAU$3.15b
Earnings (TTM)AU$119.00m
Revenue (TTM)AU$3.41b

26.5x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMP income statement (TTM)
RevenueAU$3.41b
Cost of RevenueAU$0
Gross ProfitAU$3.41b
ExpensesAU$3.29b
EarningsAU$119.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin100.00%
Net Profit Margin3.49%
Debt/Equity Ratio571.9%

How did AMP perform over the long term?

See historical performance and comparison

Valuation

Is AMP undervalued compared to its fair value and its price relative to the market?

26.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMP (A$0.97) is trading above our estimate of fair value (A$0.88)

Significantly Below Fair Value: AMP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AMP is poor value based on its PE Ratio (26.5x) compared to the Australian Diversified Financial industry average (16.9x).

PE vs Market: AMP is poor value based on its PE Ratio (26.5x) compared to the Australian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: AMP is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: AMP is good value based on its PB Ratio (0.7x) compared to the AU Diversified Financial industry average (1.2x).


Future Growth

How is AMP forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

65.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMP's forecast earnings growth (65.1% per year) is above the savings rate (1.9%).

Earnings vs Market: AMP's earnings (65.1% per year) are forecast to grow faster than the Australian market (11.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMP's revenue is expected to decline over the next 3 years (-3.4% per year).

High Growth Revenue: AMP's revenue is forecast to decline over the next 3 years (-3.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMP's Return on Equity is forecast to be low in 3 years time (7.8%).


Past Performance

How has AMP performed over the past 5 years?

-25.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMP has high quality earnings.

Growing Profit Margin: AMP's current net profit margins (3.5%) are lower than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: AMP's earnings have declined by 25.8% per year over the past 5 years.

Accelerating Growth: AMP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AMP had negative earnings growth (-19%) over the past year, making it difficult to compare to the Diversified Financial industry average (26.8%).


Return on Equity

High ROE: AMP's Return on Equity (2.9%) is considered low.


Financial Health

How is AMP's financial position?


Financial Position Analysis

Short Term Liabilities: AMP's short term assets (A$4.7B) do not cover its short term liabilities (A$18.7B).

Long Term Liabilities: AMP's short term assets (A$4.7B) do not cover its long term liabilities (A$8.4B).


Debt to Equity History and Analysis

Debt Level: AMP's net debt to equity ratio (488.8%) is considered high.

Reducing Debt: AMP's debt to equity ratio has increased from 196.1% to 571.9% over the past 5 years.

Debt Coverage: AMP's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AMP's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


Dividend

What is AMP current dividend yield, its reliability and sustainability?

3.59%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMP is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMP's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Alexis George (57 yo)

0.42

Tenure

Ms. Alexis Ann George has been Chief Executive Officer of AMP Ltd. since August 2, 2021 and serves as its Director since August 2021. She serves as Chief Executive Officer at AMP Bank Limited since August...


Leadership Team

Experienced Management: AMP's management team is considered experienced (2.4 years average tenure).


Board Members

Experienced Board: AMP's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AMP Limited's employee growth, exchange listings and data sources


Key Information

  • Name: AMP Limited
  • Ticker: AMP
  • Exchange: ASX
  • Founded: 1849
  • Industry: Other Diversified Financial Services
  • Sector: Diversified Financials
  • Implied Market Cap: AU$3.150b
  • Shares outstanding: 3.26b
  • Website: https://www.amp.com.au

Number of Employees


Location

  • AMP Limited
  • AMP Building
  • 33 Alfred Street
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:17
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.