Affiliated Managers Shares Outstanding vs. EBITDA

AMG Stock  USD 184.42  0.69  0.37%   
Based on Affiliated Managers' profitability indicators, Affiliated Managers' profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Affiliated Managers' ability to earn profits and add value for shareholders. At this time, Affiliated Managers' EV To Sales is most likely to slightly decrease in the upcoming years. The Affiliated Managers' current Sales General And Administrative To Revenue is estimated to increase to 0.35, while Operating Cash Flow Sales Ratio is projected to decrease to 0.27. At this time, Affiliated Managers' Net Income is most likely to increase significantly in the upcoming years. The Affiliated Managers' current Net Income Applicable To Common Shares is estimated to increase to about 1.4 B, while Operating Income is projected to decrease to roughly 541.4 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.770.559
Significantly Up
Pretty Stable
Operating Profit Margin0.270.3849
Way Down
Slightly volatile
For Affiliated Managers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Affiliated Managers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Affiliated Managers Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Affiliated Managers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Affiliated Managers Group over time as well as its relative position and ranking within its peers.
  
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Affiliated Managers. If investors know Affiliated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Affiliated Managers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.31)
Dividend Share
0.04
Earnings Share
15.4
Revenue Per Share
63.199
Quarterly Revenue Growth
(0.02)
The market value of Affiliated Managers is measured differently than its book value, which is the value of Affiliated that is recorded on the company's balance sheet. Investors also form their own opinion of Affiliated Managers' value that differs from its market value or its book value, called intrinsic value, which is Affiliated Managers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Affiliated Managers' market value can be influenced by many factors that don't directly affect Affiliated Managers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Affiliated Managers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Affiliated Managers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affiliated Managers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Affiliated Managers EBITDA vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Affiliated Managers's current stock value. Our valuation model uses many indicators to compare Affiliated Managers value to that of its competitors to determine the firm's financial worth.
Affiliated Managers Group is rated below average in shares outstanding category among its peers. It is rated third in ebitda category among its peers totaling about  40.64  of EBITDA per Shares Outstanding. At this time, Affiliated Managers' EBITDA is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Affiliated Managers by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Affiliated EBITDA vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Affiliated Managers

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
30.23 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Affiliated Managers

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
1.23 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Affiliated EBITDA Comparison

Affiliated Managers is currently under evaluation in ebitda category among its peers.

Affiliated Managers Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Affiliated Managers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Affiliated Managers will eventually generate negative long term returns. The profitability progress is the general direction of Affiliated Managers' change in net profit over the period of time. It can combine multiple indicators of Affiliated Managers, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-167.6 M-159.2 M
Operating Income792.1 M541.4 M
Income Before Tax1.1 B1.1 B
Total Other Income Expense Net299.3 M314.3 M
Net Income906.1 M951.4 M
Income Tax Expense185.3 M113.6 M
Net Income Applicable To Common Shares1.3 B1.4 B
Net Income From Continuing Ops906.1 M804.2 M
Non Operating Income Net Other1.1 B1.2 B
Interest Income384.1 M267.4 M
Net Interest Income-123.8 M-130 M
Change To Netincome-380.6 M-361.6 M
Net Income Per Share 19.17  20.13 
Income Quality 0.96  0.92 
Net Income Per E B T 0.62  0.35 

Affiliated Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Affiliated Managers. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Affiliated Managers position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Affiliated Managers' important profitability drivers and their relationship over time.

Use Affiliated Managers in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Affiliated Managers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Affiliated Managers will appreciate offsetting losses from the drop in the long position's value.

Affiliated Managers Pair Trading

Affiliated Managers Group Pair Trading Analysis

The ability to find closely correlated positions to Affiliated Managers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Affiliated Managers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Affiliated Managers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Affiliated Managers Group to buy it.
The correlation of Affiliated Managers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Affiliated Managers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affiliated Managers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Affiliated Managers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Affiliated Managers position

In addition to having Affiliated Managers in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Alcohol
Alcohol Theme
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
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When determining whether Affiliated Managers is a strong investment it is important to analyze Affiliated Managers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affiliated Managers' future performance. For an informed investment choice regarding Affiliated Stock, refer to the following important reports:
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You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
To fully project Affiliated Managers' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Affiliated Managers at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Affiliated Managers' income statement, its balance sheet, and the statement of cash flows.
Potential Affiliated Managers investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Affiliated Managers investors may work on each financial statement separately, they are all related. The changes in Affiliated Managers's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Affiliated Managers's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.