NasdaqCM:AGMH

Stock Analysis Report

Executive Summary

AGM Group Holdings Inc., through its subsidiaries, focuses on providing financial technology services to brokers and institutional clients in the People's Republic of China.

Risk Analysis

Earnings have declined by -54.65% per year over past 5 years

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year

Does not have meaningful revenue ($1M)



Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has AGM Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AGMH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.6%

AGMH

2.4%

US Capital Markets

2.0%

US Market


1 Year Return

-41.3%

AGMH

19.0%

US Capital Markets

23.6%

US Market

Return vs Industry: AGMH underperformed the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: AGMH underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

AGMHIndustryMarket
7 Day-5.6%2.4%2.0%
30 Day1.4%3.8%3.9%
90 Day-18.6%15.0%12.0%
1 Year-41.3%-41.3%21.4%19.0%26.2%23.6%
3 Yearn/a48.9%40.5%53.2%43.3%
5 Yearn/a96.0%77.8%75.7%56.3%

Price Volatility Vs. Market

How volatile is AGM Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AGM Group Holdings undervalued compared to its fair value and its price relative to the market?

63.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AGMH ($15.23) is trading above our estimate of fair value ($1.51)

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


Price To Earnings Ratio

PE vs Industry: AGMH is unprofitable, so we can't compare its PE Ratio to the Capital Markets industry average.

PE vs Market: AGMH is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AGMH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AGMH is overvalued based on its PB Ratio (63x) compared to the US Capital Markets industry average (6.6x).


Next Steps

Future Growth

How is AGM Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as AGM Group Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has AGM Group Holdings performed over the past 5 years?

-54.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGMH is currently unprofitable.

Growing Profit Margin: AGMH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AGMH is unprofitable, and losses have increased over the past 5 years at a rate of -54.6% per year.

Accelerating Growth: Unable to compare AGMH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AGMH is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (20.6%).


Return on Equity

High ROE: AGMH has a negative Return on Equity (-37.43%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is AGM Group Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: AGMH has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AGMH's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: AGMH's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if AGMH has a sufficient allowance for bad loans.

Low Risk Liabilities: AGMH reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if AGMH has an acceptable proportion of non-loan assets held.

Low Risk Deposits: AGMH has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if AGMH has an appropriate level of bad loans.


Next Steps

Dividend

What is AGM Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of AGM Group Holdings's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average board tenure


CEO

Wenjie Tang (38yo)

0yrs

Tenure

US$151,831

Compensation

Mr. Wenjie Tang serves as the Chief Executive Officer of AGM Group Holdings Inc. and has been its Director since February 9, 2018. Mr. Tang co-founded Beijing Miteke Technology Co. Ltd. and served as its C ...


CEO Compensation Analysis

Compensation vs Market: Wenjie's total compensation ($USD151.83K) is below average for companies of similar size in the US market ($USD1.70M).

Compensation vs Earnings: Wenjie's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

1.9yrs

Average Tenure

59yo

Average Age

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


Insider Trading

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


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.3%.


Management Team

  • Tony Tian

    Investor Relations

    • Guofu Zhang (41yo)

      Chief Financial Officer

      • Compensation: US$76.99k
    • Yafang Wang (41yo)

      Secretary

      • Tenure: 1.7yrs
      • Compensation: US$5.82k
    • Wenjie Tang (38yo)

      CEO & Director

      • Compensation: US$151.83k
    • Yufeng Mi (43yo)

      Chief Technology Officer

      • Compensation: US$117.59k
    • Xiaoding Wu (36yo)

      Chief Operating Officer

      • Tenure: 0.2yrs

    Board Members

    • Wenjie Tang (38yo)

      CEO & Director

      • Compensation: US$151.83k
    • Jialin Liu (61yo)

      Independent Director

      • Tenure: 2.8yrs
    • Tingfu Xie (71yo)

      Independent Director

      • Tenure: 2.8yrs
    • Fangjie Wang (29yo)

      Independent Director

      • Tenure: 1yrs
    • Bin Cao (59yo)

      Chairman of the Board

      • Tenure: 0.7yrs

    Company Information

    AGM Group Holdings Inc.'s company bio, employee growth, exchange listings and data sources


    Key Information

    • Name: AGM Group Holdings Inc.
    • Ticker: AGMH
    • Exchange: NasdaqCM
    • Founded: 2015
    • Industry: Financial Exchanges and Data
    • Sector: Diversified Financials
    • Market Cap: US$329.489m
    • Shares outstanding: 21.32m
    • Website: https://www.agmprime.com

    Number of Employees


    Location

    • AGM Group Holdings Inc.
    • Connuaght Commercial Building
    • Room 1502-3
    • Wanchai
    • Hong Kong

    Listings

    TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
    AGMHNasdaqCM (Nasdaq Capital Market)YesClass A Ordinary SharesUSUSDApr 2018

    Biography

    AGM Group Holdings Inc., through its subsidiaries, focuses on providing financial technology services to brokers and institutional clients in the People's Republic of China. It offers online trading platform application, and computer program technical support and solution service; and program trading application technology and management services. The company was founded in 2015 and is based in Wanchai, Hong Kong. 


    Company Analysis and Financial Data Status

    All financial data provided by Standard & Poor's Capital IQ.
    DataLast Updated (UTC time)
    Company Analysis2020/01/19 00:44
    End of Day Share Price2020/01/17 00:00
    Earnings2019/06/30
    Annual Earnings2018/12/31


    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.