AGF-B : AGF Management Limited Stock Profile

Last Updated: 3/12/2024 0:47:16

AGF Management Limited trades with the ticker AGF-B on the TSX and is in the Asset Management industry.

Overview
AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world. 2007 marks AGF’s 50th anniversary ofproviding Canadians with innovative investment solutions across the wealth continuum. AGF’s products and services include a diversified family of more than 50 mutual funds, the evolutionary AGF Elements portfolios, the Harmony asset management program, AGF Private Investment Management, Institutional Account Services and AGF Trust GICs, loans and mortgages. With approximately $53 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol [AGF.B].
 

Looking to invest in AGF Management Limited? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

AGF-B.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $518.497MM

PE Ratio: 6.238

Price: 0.64 (Updated: 3/12/2024 0:47:16)



AGF Management Limited (AGF-B) vs Competitors in Asset Management

Lets see how AGF-B.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc Corp, CI Financial Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • AGF Management Limited (AGF-B) vs Aberdeen International Inc (AAB)
    • AGF-B has higher EPS (1.3 vs -0.12). AGF-B provides dividends, while AAB does not. AAB has a P/E under 0, indicating AGF-B (P/E 6.238) is in a better position.
  • AGF Management Limited (AGF-B) vs Aimia Inc (AIM)
    • AGF-B has higher EPS (1.3 vs -1.8). AGF-B provides dividends, while AIM does not. AIM has a P/E under 0, indicating AGF-B (P/E 6.238) is in a better position.
  • AGF Management Limited (AGF-B) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 1.3). AGF-B has higher dividend yield (5.4% vs 1.6%). BAM-A has a higher P/E ratio (20.732 vs 6.238) indicating it’s more expensive.
  • AGF Management Limited (AGF-B) vs Canadian Banc Corp (BK)
    • AGF-B has higher EPS (1.3 vs -1.81). BK has higher dividend yield (17.4% vs 5.4%). BK has a P/E under 0, indicating AGF-B (P/E 6.238) is in a better position.
  • AGF Management Limited (AGF-B) vs CI Financial Corp (CIX)
    • AGF-B has higher EPS (1.3 vs 0.03). AGF-B has higher dividend yield (5.4% vs 4.8%). CIX has a higher P/E ratio (559.333 vs 6.238) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (6.24) than the industry average (9.88), indicating potential undervaluation.
 

How to Buy AGF-B stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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