Skip to Content

AGF Management Ltd Shs -B- Non-Voting AGF.B

Morningstar Rating
CAD 7.99 +0.15 (1.91%)
View Full Chart
Unlock our analysis with Morningstar Investor

Price vs Fair Value

AGF.B is trading at a 17% discount.
Price
CAD 7.84
Fair Value
CAD 6.30
Uncertainty
High
1-Star Price
CAD 79.35
5-Star Price
CAD 8.60
Economic Moat
Ttmv
Capital Allocation
Jwsknytp
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if AGF.B is a good fit for your portfolio.

News

Trading Information

Previous Close Price
CAD 7.84
Day Range
CAD 7.838.04
52-Week Range
CAD 6.309.05
Bid/Ask
CAD 7.97 / CAD 7.99
Market Cap
CAD 516.85 Mil
Volume/Avg
30,567 / 70,106

Key Statistics

Price/Earnings (Normalized)
6.23
Price/Sales
1.18
Dividend Yield (Trailing)
5.68%
Dividend Yield (Forward)
5.87%
Total Yield
7.81%

Company Profile

AGF Management is a Canadian-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of March 2024, the firm had CAD 48.6 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of its CAD 26.7 billion of AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with close to 30% of its total AUM derived from institutional and subadvised accounts. As for high-net-worth clients, the company derives 16% of its managed assets from these stickier accounts.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Value
Total Number of Employees
620

Competitors

Valuation

Metric
AGF.B
IVZ
IGM
Price/Earnings (Normalized)
6.2310.339.42
Price/Book Value
0.460.661.20
Price/Sales
1.181.242.50
Price/Cash Flow
6.424.829.96
Price/Earnings
AGF.B
IVZ
IGM

Financial Strength

Metric
AGF.B
IVZ
IGM
Quick Ratio
1.692.302.31
Current Ratio
1.732.303.46
Interest Coverage
26.22−3.0510.29
Quick Ratio
AGF.B
IVZ
IGM

Profitability

Metric
AGF.B
IVZ
IGM
Return on Assets (Normalized)
5.22%2.34%2.91%
Return on Equity (Normalized)
6.80%6.19%8.76%
Return on Invested Capital (Normalized)
6.43%2.82%4.78%
Return on Assets
AGF.B
IVZ
IGM
See how this stock stacks up to its competitors with Morningstar Investor

Asset Management Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BLK
BlackRock IncGldsclcddPdw$111.2 Bil
BX
Blackstone IncCpjwyxcDbknnng$92.7 Bil
KKR
KKR & Co Inc Ordinary SharesJyygxcwLsxpzg$83.6 Bil
AMP
Ameriprise Financial IncRwmxcwgTjnjcrn$42.2 Bil
BK
Bank of New York Mellon CorpTstvgnxvCfv$41.3 Bil
TROW
T. Rowe Price Group IncBtkvhtjnblPspf$24.3 Bil
STT
State Street CorporationPqdzxbfkfTlxk$22.5 Bil
NTRS
Northern Trust CorpNtytqhfrBmlqh$16.7 Bil
CG
The Carlyle Group IncNlnxgknwRhwdynw$16.2 Bil
BEN
Franklin Resources IncSqlpsvmxGvmxsmp$13.5 Bil

Sponsor Center