Brookfield Asset Management (TSX:BAM) - Stock Price, News & Analysis

BAM Stock Overview

A real estate investment firm specializing in alternative asset management services.

BAM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	1/6
Financial Health	3/6
Dividends	1/6

Rewards

Trading at 16.2% below our estimate of its fair value

Earnings are forecast to grow 74.37% per year

Risk Analysis

Dividend of 3.68% is not well covered by earnings or free cash flows

Makes less than USD$1m in revenue ($0)

Shareholders have been diluted in the past year

Brookfield Asset Management Ltd. Competitors

IGM Financial

TSX:IGM

CA$9.1b

Onex

TSX:ONEX

CA$7.4b

Partners Value Investments

TSXV:PVF.UN

CA$5.9b

Brookfield

TSX:BN

CA$97.2b

Price History & Performance

Summary of all time highs, changes and price drops for Brookfield Asset Management
Historical stock prices
Current Share Price	CA$56.49
52 Week High	CA$58.19
52 Week Low	CA$39.38
Beta	0
11 Month Change	8.18%
3 Month Change	6.34%
1 Year Change	30.40%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	26.94%

Recent updates

Brookfield Asset Management Ltd.'s (TSE:BAM) P/S Still Appears To Be Reasonable

Jan 07

Shareholder Returns

	BAM	CA Capital Markets	CA Market
7D	8.5%	5.8%	2.5%
1Y	30.4%	31.4%	12.0%

Return vs Industry: BAM underperformed the Canadian Capital Markets industry which returned 31.4% over the past year.

Return vs Market: BAM exceeded the Canadian Market which returned 12% over the past year.

Price Volatility

Is BAM's price volatile compared to industry and market?
BAM volatility
BAM Average Weekly Movement	3.2%
Capital Markets Industry Average Movement	4.4%
Market Average Movement	8.0%
10% most volatile stocks in CA Market	16.8%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: BAM has not had significant price volatility in the past 3 months.

Volatility Over Time: BAM's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2022	2,400	James Flatt	www.bam.brookfield.com

Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company’s infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors.

Brookfield Asset Management Ltd. Fundamentals Summary

How do Brookfield Asset Management's earnings and revenue compare to its market cap?
BAM fundamental statistics
Market cap	CA$23.31b
Earnings (TTM)	CA$585.25m
Revenue (TTM)	n/a

40.5x

P/E Ratio

0.0x

P/S Ratio

Is BAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BAM income statement (TTM)
Revenue	US$0
Cost of Revenue	US$321.00m
Gross Profit	-US$321.00m
Other Expenses	-US$749.00m
Earnings	US$428.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 07, 2024

Earnings per share (EPS)	1.02
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	11.6%

How did BAM perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

123%

Payout Ratio

BAM Stock Overview

Rewards

Risk Analysis

Brookfield Asset Management Ltd. Competitors

TSX:IGM

CA$9.1b

TSX:ONEX

CA$7.4b

TSXV:PVF.UN

CA$5.9b

TSX:BN

CA$97.2b

Price History & Performance

Recent News & Updates

Brookfield Asset Management Ltd. to Report Q2, 2024 Results on Aug 07, 2024

Now 20% undervalued after recent price drop

Tritax Eurobox Announces Update on Possible Offer from Brookfield Asset Management

Managing Partner & COO exercised options and sold CA$1.4m worth of stock

Brookfield Asset Management Confirms Early Stages of Assessing Possible Cash Offer for Tritax EuroBox

Managing Partner recently bought CA$6.2m worth of stock

Recent updates

Brookfield Asset Management Ltd. to Report Q2, 2024 Results on Aug 07, 2024

Now 20% undervalued after recent price drop

Tritax Eurobox Announces Update on Possible Offer from Brookfield Asset Management

Managing Partner & COO exercised options and sold CA$1.4m worth of stock

Brookfield Asset Management Confirms Early Stages of Assessing Possible Cash Offer for Tritax EuroBox

Managing Partner recently bought CA$6.2m worth of stock

Now 22% undervalued after recent price drop

Upcoming dividend of US$0.38 per share

Brookfield India REIT Reportedly Set to Buy Bharti's Nearly 50% Stake in Realty JV

Now 20% undervalued

Brookfield Asset Management Ltd. Declares Quarterly Dividend, Payable on June 28, 2024

First quarter 2024 earnings released: EPS: US$1.13 (vs US$0.32 in 1Q 2023)

Brookfield Asset Management Ltd. to Report Q1, 2024 Results on May 08, 2024

Brookfield and Singtel Reportedly End Optus Sale Talks

Managing Partner recently bought CA$6.0m worth of stock

Brookfield Asset Management Ltd., Annual General Meeting, Jun 07, 2024

Full year 2023 earnings released: EPS: US$4.72 (vs US$4.83 in FY 2022)

Singtel Reportedly Looking to Sell Significant Optus Stake to Brookfield

Managing Partner recently bought CA$1.4m worth of stock

Trafigura Group Pte. Ltd. agreed to acquire Greenergy Fuels Holdings Limited from Brookfield Asset Management Ltd. (TSX:BAM) and Brookfield Business Partners L.P. (NYSE:BBU).

CEO & Director recently sold CA$11m worth of stock

Upcoming dividend of US$0.38 per share

Fourth quarter dividend of US$0.38 announced

Full year 2023 earnings released: EPS: US$1.12 (vs US$4.83 in FY 2022)

Brookfield Asset Management Ltd. Declares Quarterly Dividend, Payable on March 28, 2024

Brookfield Asset Management Ltd. Announces $10 Billion First Closing for Second Brookfield Global Transition Fund

Brookfield Reportedly Looking to Sell 1.6 GW Clean Energy India Assets

Now 21% undervalued

Brookfield Asset Management Ltd. to Report Q4, 2023 Results on Feb 07, 2024

Brookfield Asset Management Ltd.'s (TSE:BAM) P/S Still Appears To Be Reasonable

Managing Partner exercised options and sold CA$4.5m worth of stock

Upcoming dividend of US$0.32 per share at 3.7% yield

New major risk - Earnings quality

Brookfield Asset Management Ltd. Declares A Quarterly Dividend, Payable on December 29, 2023

Third quarter 2023 earnings released

Brookfield Announces Appointment of Sir Ron Kalifa as Vice Chair and Head of Financial Infrastructure

Brookfield Asset Management Reportedly Seeks Exit from VLI

Brookfield Asset Management Ltd. to Report Q3, 2023 Results on Nov 06, 2023

Insider exercised options and sold CA$4.8m worth of stock

Brookfield Reportedly Exploring Sale of Atlantis Paradise in Bahamas

Upcoming dividend of CA$0.32 per share at 3.9% yield

New major risk - Earnings quality

New major risk - Earnings quality

Second quarter 2023 earnings released

Brookfield Asset Management Ltd. Declares Quarterly Dividend, Payable on September 29, 2023

Brookfield Asset Management Ltd. to Report Q2, 2023 Results on Aug 09, 2023

SBB Reportedly in Talks to Sell Remaining Stake in Nordic Education Portfolio to Brookfield

Managing Partner exercised options and sold CA$4.1m worth of stock

High number of new and inexperienced directors

Infratil Limited (NZSE:IFT) completed the acquisition of additional 49.95% stake in One New Zealand Group Limited from Brookfield Asset Management Ltd. (TSX:BAM).

Brookfield Asset Management Ltd. Elects Bruce Flatt to Board of Directors

Infratil Limited (NZSE:IFT) reached an agreement to acquire additional 49.95% stake in One New Zealand Group Limited from Brookfield Asset Management Ltd. (TSX:BAM) for NZD 1.8 billion.

Network International Gives Rival Suitor More Time to Decide on Bid

Upcoming dividend of US$0.32 per share at 4.1% yield

Brookfield Asset Management Ltd. Declares Quarterly Dividend, Payable on June 30, 2023

First quarter 2023 earnings released

Full year 2022 earnings released

Brookfield Asset Management Ltd. Declares Quarterly Dividend, Payable on March 31, 2023

Third quarter 2022 earnings released