Valuation dashboard for Artisan Partners Asset Management Inc. (APAM) with P/E 8.86, P/B 5.00, EV/EBITDA 5.3 and dividend yield 11.02%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.
Artisan Partners Asset Management Inc. (APAM) operates as a publicly traded investment management firm. It offers investment services to a diverse clientele, including various institutional investors like pension plans, endowments, foundations, charitable organizations, and government entities, as well as managing assets for private, mutual, and collective funds, both domestically and internationally.
What would it be worth at its usual multiples?
Versus its usual multiples: cheap · Current P/E 8.9× · Multiples range: $45.10 · $53.32.
At the decade median (10.9×) $45 (+23 %); at its sector median (12.9×) $53 (+46 %). 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
Artisan Partners Asset Management Inc. reported revenue of $1.20B in the most recent fiscal year, growing at a 5-year CAGR of 5.9%. Net income reached $290.3M, with a 6.4% 5-year CAGR.
Trailing-twelve-month margins: gross margin 58.4%, operating margin 33.4%, net margin 24.5%.
At $36.58 (closing price, October 30, 2026), APAM trades at a P/E of 8.86 and an ROE of 69.54%. Market capitalisation stands at $2.6B.
Balance sheet quality for APAM: debt-to-equity ratio of 0.65, current ratio of 2.89 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 Ratio | 8.86 |
| Price / Book | 5.00 |
| EV / EBITDA | 5.3 |
| Dividend Yield | 11.02% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| APAM | Artisan Partners Asset Management Inc. | $2.6B | 8.86 | 5.00 | 69.5% |
| WSFS | WSFS Financial Corporation | $4.0B | 12.34 | 1.53 | 12.4% |
| GBDC | Golub Capital BDC, Inc. | $3.3B | 23.13 | 0.89 | 3.8% |
| FHI | Federated Hermes, Inc. | $4.4B | 10.44 | 3.22 | 34.0% |
| CNS | Cohen & Steers, Inc. | $3.7B | 22.23 | 6.15 | 29.1% |
| HTGC | Hercules Capital, Inc. | $3.1B | 9.02 | 1.33 | 15.8% |
| OAK-PA | Brookfield Oaktree Holdings, LLC 6.625 % Non-Cum Red Perp Pfd Units Series A | $2.3B | 7.80 | 1.14 | 14.9% |
| OAK-PB | Brookfield Oaktree Holdings LLC 6.55% Non-Cum Red Pfd Units Series B | $2.3B | 7.70 | 1.13 | 14.9% |
Price
| Price | $36.58 (closing price, October 30, 2026) |
| Market Cap | $2.6B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 69.54% |
| Return on Invested Capital | 24.94% |
| Return on Assets | 20.38% |
| Gross Margin | 58.39% |
| Operating Margin | 33.37% |
| Net Margin | 24.53% |
Related companies: WSFS · GBDC · FHI · CNS · HTGC · OAK-PA · OAK-PB
Explore sector: Financial Services · Asset Management
More sections of APAM: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks