Ameriprise Financial, Inc.

NYSE:AMP Stock Report

Market Cap: US$51.0b

Ameriprise Financial Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AMP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMP ($532.12) is trading below our estimate of fair value ($839.85)

Significantly Below Fair Value: AMP is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMP?

Key metric: As AMP is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AMP. This is calculated by dividing AMP's market cap by their current earnings.
What is AMP's PE Ratio?
PE Ratio19.1x
EarningsUS$2.71b
Market CapUS$51.01b

Price to Earnings Ratio vs Peers

How does AMP's PE Ratio compare to its peers?

The above table shows the PE ratio for AMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.7x
BK Bank of New York Mellon
16.8x10.7%US$55.6b
ARES Ares Management
82.2x38.4%US$53.6b
STT State Street
14.9x12.7%US$28.0b
OWL Blue Owl Capital
124.9x59.2%US$34.5b
AMP Ameriprise Financial
19.1x9.2%US$51.0b

Price-To-Earnings vs Peers: AMP is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (59.7x).

Price to Earnings Ratio vs Industry

How does AMP's PE Ratio compare vs other companies in the US Capital Markets Industry?

22 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.6xn/aUS$2.24b
CET Central Securities
4.4xn/aUS$1.29b
GAM General American Investors Company
4.2xn/aUS$1.18b
MUDS Mudrick Capital Acquisition Corporation II
3.4xn/aUS$401.64m
AMP 19.1xIndustry Avg. 23.6xNo. of Companies73PE020406080100+
22 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMP is good value based on its Price-To-Earnings Ratio (19.1x) compared to the US Capital Markets industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is AMP's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.1x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: AMP is good value based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AMP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$532.12
US$559.20
+5.1%
13.4%US$653.00US$415.00n/a10
Dec ’25US$573.97
US$543.90
-5.2%
11.8%US$653.00US$415.00n/a10
Nov ’25US$507.18
US$521.60
+2.8%
10.0%US$600.00US$415.00n/a10
Oct ’25US$473.14
US$468.18
-1.0%
6.8%US$511.00US$415.00n/a11
Sep ’25US$449.44
US$465.18
+3.5%
6.8%US$506.00US$415.00n/a11
Aug ’25US$418.36
US$465.18
+11.2%
6.8%US$506.00US$415.00n/a11
Jul ’25US$426.09
US$463.00
+8.7%
6.8%US$504.00US$387.00n/a11
Jun ’25US$436.61
US$462.55
+5.9%
6.5%US$500.00US$390.00n/a11
May ’25US$413.44
US$453.86
+9.8%
8.2%US$500.00US$371.30n/a12
Apr ’25US$434.83
US$428.66
-1.4%
9.3%US$488.00US$360.00n/a11
Mar ’25US$410.59
US$423.53
+3.2%
7.9%US$479.00US$360.00n/a12
Feb ’25US$386.02
US$414.48
+7.4%
7.8%US$452.00US$360.00n/a11
Jan ’25US$379.83
US$376.28
-0.9%
6.0%US$410.00US$325.00n/a12
Dec ’24US$356.29
US$372.69
+4.6%
7.4%US$410.00US$300.00US$573.9712
Nov ’24US$317.53
US$371.13
+16.9%
7.9%US$410.00US$300.00US$507.1811
Oct ’24US$329.68
US$376.22
+14.1%
8.4%US$410.00US$300.00US$473.1411
Sep ’24US$342.31
US$374.64
+9.4%
8.5%US$410.00US$300.00US$449.4411
Aug ’24US$349.01
US$373.73
+7.1%
8.7%US$410.00US$300.00US$418.3611
Jul ’24US$332.16
US$360.50
+8.5%
9.3%US$401.00US$280.00US$426.0910
Jun ’24US$303.73
US$359.70
+18.4%
9.6%US$410.00US$280.00US$436.6110
May ’24US$302.58
US$361.55
+19.5%
9.3%US$410.00US$280.00US$413.4411
Apr ’24US$306.50
US$367.55
+19.9%
11.5%US$430.00US$280.00US$434.8311
Mar ’24US$343.29
US$375.82
+9.5%
10.2%US$430.00US$287.00US$410.5911
Feb ’24US$354.53
US$375.82
+6.0%
10.2%US$430.00US$287.00US$386.0211
Jan ’24US$311.37
US$341.18
+9.6%
6.8%US$380.00US$287.00US$379.8311
Dec ’23US$330.93
US$341.18
+3.1%
6.8%US$380.00US$287.00US$356.2911

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 14:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Ameriprise Financial, Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Alan DevlinAtlantic Equities LLP
Jay GelbBarclays