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AGF Management TSX:AGF.B Stock Report

Last Price

CA$10.80

Market Cap

CA$701.6m

7D

0%

1Y

41.2%

Updated

24 Dec, 2024

Data

Company Financials +

AGF Management Limited

TSX:AGF.B Stock Report

Market Cap: CA$701.6m

AGF.B Stock Overview

AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world. More details

AGF.B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 47.7% below our estimate of its fair value

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 5.7% per year for the next 3 years

Significant insider selling over the past 3 months

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

AGF Management Limited Competitors

Alaris Equity Partners Income Trust

TSX:AD.UN

CA$871.3m

Fiera Capital

TSX:FSZ

CA$963.0m

Guardian Capital Group

TSX:GCG.A

CA$990.7m

Sprott

TSX:SII

CA$1.5b

Price History & Performance

Summary of share price highs, lows and changes for AGF Management
Historical stock prices
Current Share PriceCA$10.80
52 Week HighCA$11.53
52 Week LowCA$7.27
Beta1.7
1 Month Change0.56%
3 Month Change30.12%
1 Year Change41.18%
3 Year Change29.96%
5 Year Change67.70%
Change since IPO15,147.13%

Recent News & Updates

AGF Management (TSE:AGF.B) Has Affirmed Its Dividend Of CA$0.115

Dec 16
AGF Management (TSE:AGF.B) Has Affirmed Its Dividend Of CA$0.115

Recent updates

AGF Management (TSE:AGF.B) Has Affirmed Its Dividend Of CA$0.115

Dec 16
AGF Management (TSE:AGF.B) Has Affirmed Its Dividend Of CA$0.115

AGF Management Limited (TSE:AGF.B) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Oct 04
AGF Management Limited (TSE:AGF.B) Stock Catapults 28% Though Its Price And Business Still Lag The Market

AGF Management (TSE:AGF.B) Will Pay A Dividend Of CA$0.115

Sep 30
AGF Management (TSE:AGF.B) Will Pay A Dividend Of CA$0.115

AGF Management's (TSE:AGF.B) Dividend Will Be CA$0.11

Jun 24
AGF Management's (TSE:AGF.B) Dividend Will Be CA$0.11

AGF Management (TSE:AGF.B) Is Paying Out A Larger Dividend Than Last Year

Apr 02
AGF Management (TSE:AGF.B) Is Paying Out A Larger Dividend Than Last Year

AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09

Jan 06
AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09

AGF Management (TSE:AGF.B) Is Due To Pay A Dividend Of CA$0.09

Dec 23
AGF Management (TSE:AGF.B) Is Due To Pay A Dividend Of CA$0.09

AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09

Oct 03
AGF Management (TSE:AGF.B) Has Announced A Dividend Of CA$0.09

Is It Worth Buying AGF Management Limited (TSE:AGF.B) For Its 4.3% Dividend Yield?

Mar 14
Is It Worth Buying AGF Management Limited (TSE:AGF.B) For Its 4.3% Dividend Yield?

AGF Management (TSE:AGF.B) Has Compensated Shareholders With A Respectable 90% Return On Their Investment

Feb 24
AGF Management (TSE:AGF.B) Has Compensated Shareholders With A Respectable 90% Return On Their Investment

Could The AGF Management Limited (TSE:AGF.B) Ownership Structure Tell Us Something Useful?

Feb 07
Could The AGF Management Limited (TSE:AGF.B) Ownership Structure Tell Us Something Useful?

Shareholder Returns

AGF.BCA Capital MarketsCA Market
7D0%-3.3%-1.4%
1Y41.2%53.1%15.9%

Return vs Industry: AGF.B underperformed the Canadian Capital Markets industry which returned 53.1% over the past year.

Return vs Market: AGF.B exceeded the Canadian Market which returned 15.9% over the past year.

Price Volatility

Is AGF.B's price volatile compared to industry and market?
AGF.B volatility
AGF.B Average Weekly Movement4.6%
Capital Markets Industry Average Movement5.4%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AGF.B has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: AGF.B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957n/aKevin McCreadiewww.agf.com

AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF’s 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF’s products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages.

AGF Management Limited Fundamentals Summary

How do AGF Management's earnings and revenue compare to its market cap?
AGF.B fundamental statistics
Market capCA$701.62m
Earnings (TTM)CA$85.73m
Revenue (TTM)CA$517.17m

8.2x

P/E Ratio

1.4x

P/S Ratio

Is AGF.B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AGF.B income statement (TTM)
RevenueCA$517.17m
Cost of RevenueCA$388.00k
Gross ProfitCA$516.78m
Other ExpensesCA$431.04m
EarningsCA$85.73m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.32
Gross Margin99.93%
Net Profit Margin16.58%
Debt/Equity Ratio4.0%

How did AGF.B perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

34%

Payout Ratio

Does AGF.B pay a reliable dividends?

See AGF.B dividend history and benchmarks
When do you need to buy AGF.B by to receive an upcoming dividend?
AGF Management dividend dates
Ex Dividend DateJan 08 2025
Dividend Pay DateJan 16 2025
Days until Ex dividend14 days
Days until Dividend pay date22 days

Does AGF.B pay a reliable dividends?

See AGF.B dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 23:52
End of Day Share Price 2024/12/24 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

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

AGF Management Limited is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Tom MacKinnonBMO Capital Markets Equity Research
Samira AminiBofA Global Research