| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
AC Stock Overview
Associated Capital Group, Inc. provides investment advisory services in the United States.
Associated Capital Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$39.50 |
| 52 Week High | US$44.67 |
| 52 Week Low | US$30.21 |
| Beta | 1.22 |
| 1 Month Change | 8.67% |
| 3 Month Change | 7.92% |
| 1 Year Change | 5.03% |
| 3 Year Change | -4.47% |
| 5 Year Change | 16.18% |
| Change since IPO | 42.55% |
Recent News & Updates
Shareholder Returns
| AC | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -4.8% | -3.7% | -2.8% |
| 1Y | 5.0% | 44.8% | 20.0% |
Return vs Industry: AC underperformed the US Capital Markets industry which returned 50.4% over the past year.
Return vs Market: AC underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| AC volatility | |
|---|---|
| AC Average Weekly Movement | 4.3% |
| Capital Markets Industry Average Movement | 0.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.3% |
Stable Share Price: AC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | 25 | Doug Jamieson | https://www.associated-capital-group.com |
Associated Capital Group, Inc. provides investment advisory services in the United States. The company offers alternative investment management and asset management services. It also invests in new and existing businesses.
Associated Capital Group Fundamentals Summary
| AC fundamental statistics | |
|---|---|
| Market Cap | US$871.29m |
| Earnings (TTM) | US$100.89m |
| Revenue (TTM) | US$18.94m |
8.6x
P/E Ratio46.0x
P/S RatioIs AC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AC income statement (TTM) | |
|---|---|
| Revenue | US$18.94m |
| Cost of Revenue | US$22.74m |
| Gross Profit | -US$3.81m |
| Expenses | -US$104.70m |
| Earnings | US$100.89m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.57 |
| Gross Margin | -20.10% |
| Net Profit Margin | 532.84% |
| Debt/Equity Ratio | 0.0% |
How did AC perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield4%
Payout RatioDoes AC pay a reliable dividends?
See AC dividend history and benchmarks| Associated Capital Group dividend dates | |
|---|---|
| Ex Dividend Date | Nov 30 2021 |
| Dividend Pay Date | Dec 15 2021 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 14 days |
Does AC pay a reliable dividends?
See AC dividend history and benchmarksValuation
Is Associated Capital Group undervalued compared to its fair value and its price relative to the market?
8.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AC's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AC's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AC is good value based on its PE Ratio (8.6x) compared to the US Capital Markets industry average (15x).
PE vs Market: AC is good value based on its PE Ratio (8.6x) compared to the US market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AC is good value based on its PB Ratio (0.9x) compared to the US Capital Markets industry average (50.3x).
Future Growth
How is Associated Capital Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
3.0%
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 Associated Capital Group 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.
Past Performance
How has Associated Capital Group performed over the past 5 years?
43.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AC has a large one-off gain of $150.9M impacting its September 30 2021 financial results.
Growing Profit Margin: AC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AC's earnings have grown significantly by 43.1% per year over the past 5 years.
Accelerating Growth: AC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (87.1%).
Return on Equity
High ROE: AC's Return on Equity (9.4%) is considered low.
Financial Health
How is Associated Capital Group's financial position?
Financial Position Analysis
Short Term Liabilities: AC's short term assets ($666.5M) exceed its short term liabilities ($274.2M).
Long Term Liabilities: AC's short term assets ($666.5M) exceed its long term liabilities ($29.0M).
Debt to Equity History and Analysis
Debt Level: AC is debt free.
Reducing Debt: AC had no debt 5 years ago.
Debt Coverage: AC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Associated Capital Group current dividend yield, its reliability and sustainability?
0.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AC's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: AC's dividend (0.51%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: AC is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: AC is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: AC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Doug Jamieson (67 yo)
5yrs
Tenure
US$1,127,667
Compensation
Mr. Douglas Richard Jamieson, also known as Doug, serves as a President, Chief Executive Officer at Gabelli & Company Investment Advisers, Inc. He was Director at Gabelli & Company Investment Advisers, Inc...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD1.13M) is below average for companies of similar size in the US market ($USD2.31M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: AC's board of directors are considered experienced (6 years average tenure).
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Associated Capital Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Associated Capital Group, Inc.
- Ticker: AC
- Exchange: NYSE
- Founded: 1976
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Market Cap: US$871.294m
- Shares outstanding: 22.06m
- Website: https://www.associated-capital-group.com
Number of Employees
Location
- Associated Capital Group, Inc.
- 191 Mason Street
- Greenwich
- Connecticut
- 6830
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/12/01 00:12 |
| End of Day Share Price | 2021/11/30 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.