Stock Analysis
Affiliated Managers GroupAMG
P/E 11.59×· 5Y range 4.16–20.55×· 53th percentile of history
Sector: Financial Services · Industry: Investment Advice
AnalystsStrong Buy10 analystsP/E 11.6× sits at the 53rd percentile of its 5.065023956194388-year history.
Cash covers 16% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality71
- Profitability70
Mixed picture — no clear quality or value edge.
Bull Case
- ✓ROE 20.4% — efficient capital deployment
What's happening with AMG
Profile
Strong moat.
How is each axis scored?
- Valuation62/100 · Moderate
- P/E vs own history (53th pct)12/25
- FCF yield (10.7%)25/25
- P/S (4.4x)20/25
- EV/EBIT (29.9x)5/25
- Growth57/100 · Moderate
- Revenue CAGR (-3.7%)0/25
- Net income CAGR (6.1%)12/25
- EPS CAGR 5Y (14.5%)20/25
- Fwd implied growth (32.3%)25/25
- Profitability70/100 · Moderate
- ROIC (4.8%)5/25
- ROE (20.4%)20/25
- Net margin (37.7%)25/25
- Operating margin (18.6%)20/25
- Financial Health65/100 · Moderate
- Altman Z (2.80)18/25
- Current ratio (101.31)25/25
- Interest coverage (5.0x)10/25
- Net cash / debt (D/A 29%)12/25
- Quality71/100 · Moderate
- Piotroski F (5/9)15/25
- Beneish M (-3.06)25/25
- FCF conversion (124%)25/25
- Margin stability (σ 17.3%)6/25
- Moat75/100 · Strong
- ROIC >12% years (5/10 yrs)13/25
- Median gross margin (55.2%)25/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 0.7%)12/25
Risk Flags
- ⚠SBC 8.6% of revenue — real dilution cost
- ⚠Revenue shrinking 3.7%/yr
About Affiliated Managers Group
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. Show more
The firm typically buys a majority interest in small to mid-size boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of June 2026, AMG's affiliate network—which includes firms like Abacus Capital and Pantheon dedicated to private markets (which accounted for 16% of AUM), AQR Capital and Capula Investment Management in liquid alternatives (31%), and Harding Loevner, Tweedy Browne, Parnassus, and Yacktman in equities, multi-asset, and bond strategies (53%)—had $942.4 billion in managed assets.
Headquarters: JUPITER, FL · Employees: 5,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
62BP/E (TTM)11.6xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 4.2x–20.6x · 53rd pct
P/FCF9.2xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield10.7%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 8.5%–23.2% · 8th pct
P/S (TTM)4.37xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 2.2x–5.3x · 92nd pct
EV/EBIT29.9xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 3.6x–31.0x · 98th pct
EV/Sales5.4xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E8.8xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio2.36xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.69A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.01%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio0.1%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
70B+ROIC4.8%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE20.4%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA9.3%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin37.7%A
Grade A: HighNet Income / Revenue
Operating Margin18.6%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin50.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin46.9%A
Grade A: HighFCF / Revenue
True FCF Margin38.3%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
57CRevenue CAGR-3.7%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR6.1%C
Grade C: OkCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)14.5%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth32.3%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-42.5%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income22.7%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue8.6%D
Grade D: HighTTM stock-based comp / TTM Revenue
Financial Health
65BAltman Z-Score2.80C
Grade C: Gray zoneBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio101.31xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio1.24xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage5.0xC
Grade C: OkEBIT/Interest. >10 Strong
Debt Repayment2.5yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT6.4xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity0.76xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.16xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
71B+Piotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.06A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion124.4%A
Grade A: StrongFCF / Net Income
Margin Stability17.3%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue0.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.25xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Matos Rodriguez Felix V. Filed | Matos Rodriguez Felix V. | Option exercise | -848 | |
Matos Rodriguez Felix V. Filed | Matos Rodriguez Felix V. | Option exercise | +848 | |
FRANQUI ANNETTE Filed | FRANQUI ANNETTE | Option exercise | -477 | |
FRANQUI ANNETTE Filed | FRANQUI ANNETTE | Option exercise | +477 | |
Matos Rodriguez Felix V. Filed | Matos Rodriguez Felix V. | Option exercise | -654 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Matos Rodriguez Felix V. Filed | Matos Rodriguez Felix V. | Option exercise | +654 | |
STARR LOREN M Filed | STARR LOREN M | Option exercise | -716 | |
STARR LOREN M Filed | STARR LOREN M | Option exercise | +716 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
75B+ROIC >12% Years5/10 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)55.2%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor0.7%C
Grade C: ModerateWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$33.11
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$15.81
Cash & short-term investments per share (Finnhub)
Book Value / Share$116.85
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$3.20B
Total debt obligations (short + long term)
Cash & Equiv.$502.80M
Cash and short-term investments
Net Debt$2.70B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$4.20B
Shareholders' equity (book value)
Asset / Liability1.81xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$9.92B
Current Market Capitalization
Beta1.07B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Affiliated Managers Group (AMG)
Piotroski F-Score of 5/9 indicates mixed fundamentals for Affiliated Managers Group. Altman Z-Score of 2.80 falls in the grey zone (1.81–2.99) — financial distress is unlikely but not ruled out. Beneish M-Score of -3.06 suggests a low likelihood of earnings manipulation. Revenue has been contracting (CAGR ≈ -4%), which weighs on the growth outlook.
- Affiliated Managers Group converts about 47% of revenue into free cash flow — strong cash generation.
- Takes ~2.5 years to repay net debt from free cash flow.
- Return on equity of 20.4% is well above the market average.
See how AMG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all AMG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 8 | Regular | 390.34 | +3.51% | 2.20 |
| Oct 5 | Regular | 383.75 | +3.32% | 2.16 |
| Oct 5 | After-hours | 417.64 | +12.44% | 7.82 |
Frequently Asked Questions about AMG
What is the current Affiliated Managers Group (AMG) stock price?
AMG is trading at $383.76 at the last market close, up 0.19% on the session. PreMarketPrice tracks AMG pre-market, intraday and after-hours prices.
Is AMG stock a buy right now?
PreMarketPrice's quantitative model rates Affiliated Managers Group's financial health at 65/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AMG stock overvalued?
Affiliated Managers Group trades at a trailing P/E of 11.6 and our valuation score rates it 62/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Affiliated Managers Group report earnings?
No confirmed earnings date is currently scheduled for AMG. The Earnings section lists recent reports and updates as dates are announced.
What sector does Affiliated Managers Group operate in?
Affiliated Managers Group operates in the Financial Services sector, within the Investment Advice industry. The Related Stocks section lists sector peers for comparison.
What does Affiliated Managers Group do?
Affiliated Managers Group offers investment strategies to investors through its network of affiliates.
About Affiliated Managers Group (AMG) Stock
Affiliated Managers Group (AMG) is a US-listed stock operating in the Financial Services sector, specifically the Investment Advice industry. As of the latest update, Affiliated Managers Group is trading at $383.76, up 0.19% on the day with a market capitalization of $9.9 billion. The financial health score for AMG is 65/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AMG stock.
AMG Stock Analysis & Key Metrics
On PreMarketPrice, you can track Affiliated Managers Group (AMG) across multiple dimensions:
- Pre-market price & movement: Real-time AMG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AMG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Affiliated Managers Group across multiple reporting periods.
- Financial health score: A composite score of 65/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AMG.
- Sector peers: Compare AMG against 6 other financial services stocks on key financial metrics.
Is AMG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Affiliated Managers Group (AMG) as an investment. The financial health score of 65/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Affiliated Managers Group (AMG) trades on NYSE. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.