Affiliated Managers Group, Inc. (AMG) Valuation — DCF, Graham & Comparables

Affiliated Managers Group, Inc. (AMG) — Price $381.57 (closing price, October 30, 2026) — Financial Services — Asset Management — NYSE

Latest reported results:

Valuation dashboard for Affiliated Managers Group, Inc. (AMG) with P/E 13.22, P/B 3.32, EV/EBITDA 7.5 and dividend yield 0.01%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

Affiliated Managers Group, Inc. (AMG) functions as an asset management firm, leveraging its network of affiliates to provide comprehensive investment management solutions. Its primary clientele in the United States includes mutual funds, institutional investors, and high-net-worth individuals.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 13.2× · Multiples range: $346.58 · $372.71.

At the decade median (12.0×) $347 (-9 %); at its sector median (12.9×) $373 (-2 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Affiliated Managers Group, Inc. reported revenue of $2.45B in the most recent fiscal year, growing at a 5-year CAGR of 3.8%. Net income reached $716.6M, with a 28.8% 5-year CAGR.

Trailing-twelve-month margins: gross margin 79.9%, operating margin 30.1%, net margin 33.9%.

At $381.57 (closing price, October 30, 2026), AMG trades at a P/E of 13.22 and an ROE of 26.95%. Market capitalisation stands at $9.9B.

Balance sheet quality for AMG: debt-to-equity ratio of 0.99, current ratio of 0.00 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio13.22
Price / Book3.32
EV / EBITDA7.5
Dividend Yield0.01%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
AMGAffiliated Managers Group, Inc.$9.9B13.223.3226.9%
AMPAmeriprise Financial, Inc.$43.4B11.048.6768.7%
TROWT. Rowe Price Group, Inc.$22.2B10.511.9519.9%
SEICSEI Investments Company$12.3B17.994.8728.7%
VCTRVictory Capital Holdings, Inc.$6.8B20.332.8919.3%
BLKBlackRock, Inc.$177.7B26.092.7511.8%
BENFranklin Resources, Inc.$16.1B21.091.397.4%
IVZInvesco Ltd.$12.3B0.99-0.6%

Price

Price$381.57 (closing price, October 30, 2026)
Market Cap$9.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity26.95%
Return on Invested Capital6.13%
Return on Assets9.11%
Gross Margin79.87%
Operating Margin30.06%
Net Margin33.86%

Related companies: AMP · TROW · SEIC · VCTR · BLK · BEN · IVZ · AB

Explore sector: Financial Services · Asset Management

More sections of AMG: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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