BAM : Brookfield Asset Management Ltd Stock Profile

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

Brookfield Asset Management Ltd trades with the ticker BAM on the TSX and is in the Asset Management industry.

Overview
Brookfield Asset Management Ltd. is a real estate investment firm specializing in alternative asset management services. Its renewable power and transition business includes the operates in the hydroelectric, wind, solar, distributed generation, and sustainable solution sector. The company’s infrastructure business engages in the utilities, transport, midstream, and data infrastructure sectors. In addition, its private equity business offers industrial, infrastructure, and business services sectors; and real estate business, which includes housing, logistics, hospitality, science and innovation, office, and retail sectors. Further, it provides credit business; and insurance solution in the reinsurance, annuities, operating platform, and investment solutions sectors. Brookfield Asset Management Ltd. was incorporated in 2022 and is headquartered in Toronto, Canada.
 

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

BAM.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $22039.96MM

PE Ratio: 37.397

Price: 41.89 (Updated: 3/12/2024 0:47:16)



Brookfield Asset Management Ltd (BAM) vs Competitors in Asset Management

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

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, Canadian Banc 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

  • Brookfield Asset Management Ltd (BAM) vs Aberdeen International Inc (AAB)
    • BAM has higher EPS (1.51 vs -0.12). BAM provides dividends, while AAB does not. AAB has a P/E under 0, indicating BAM (P/E 37.397) is in a better position.
  • Brookfield Asset Management Ltd (BAM) vs AGF Management Limited (AGF-B)
    • BAM has higher EPS (1.51 vs 1.3). AGF-B has higher dividend yield (5.4% vs 3.6%). BAM has a higher P/E ratio (37.397 vs 6.238) indicating it’s more expensive.
  • Brookfield Asset Management Ltd (BAM) vs Aimia Inc (AIM)
    • BAM has higher EPS (1.51 vs -1.8). BAM provides dividends, while AIM does not. AIM has a P/E under 0, indicating BAM (P/E 37.397) is in a better position.
  • Brookfield Asset Management Ltd (BAM) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs 1.51). BAM has higher dividend yield (3.6% vs 1.6%). BAM has a higher P/E ratio (37.397 vs 20.732) indicating it’s more expensive.
  • Brookfield Asset Management Ltd (BAM) vs Canadian Banc Corp (BK)
    • BAM has higher EPS (1.51 vs -1.81). BK has higher dividend yield (17.4% vs 3.6%). BK has a P/E under 0, indicating BAM (P/E 37.397) is in a better position.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (37.40) than the industry average (42.24), indicating potential undervaluation. Features a lower EV/EBITDA ratio (8.72) than the industry average (11.22), indicating attractive valuation.
 

How to Buy BAM 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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