AMP is focused on simplifying its business and reducing costs, with less emphasis on growth than historically. The advantages of AMP’s vertical integration have weakened due to proactive regulatory scrutiny, expanding approved product lists, and more transparent product/fee disclosures.
AMP's restructures and product enhancements have been effective, which should help slow down the rate of share losses to other specialty platforms.
Both the Hayne Royal Commission and bouts of turnover in AMP Capital since 2020 have materially reduced the competitive advantage of AMP’s brand and vertically integrated business model.
|
Metric
|
AMP
|
NAB
|
ANZ
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.64 | 18.60 | 11.73 |
Price/Book Value | 1.66 | 1.92 | 1.58 |
Price/Sales | 7.18 | 5.39 | 5.29 |
Price/Cash Flow | — | 185.89 | — |
|
Metric
|
AMP
|
NAB
|
ANZ
|
|---|---|---|---|
Quick Ratio | 0.09 | — | — |
Current Ratio | 0.09 | — | — |
Interest Coverage | 0.04 | — | — |
|
Metric
|
AMP
|
NAB
|
ANZ
|
|---|---|---|---|
Return on Assets (Normalized) | 0.97% | 0.55% | 0.46% |
Return on Equity (Normalized) | 8.81% | 9.89% | 8.42% |
Return on Invested Capital (Normalized) | 0.52% | — | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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| Storebrand ASA ADR
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| — | LOCK|$Y | $8B | |||
| Storebrand ASA
SREDF
| — | LOCK|fHn | $8B | |||
| AMP Ltd
AMLTF
| — | LOCK|Yy< | $4B | |||
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United States