Intrinsic value of Affiliated Managers Group, Inc. (AMG)

[per Chepakovich valuation model]

other valuations of AMG

[per Chepakovich valuation model]  See other valuations of AMG stock

Previous Close$165.88
Intrinsic Value
Upside potential
Previous Close
$165.88

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %-9.5NaN
Revenue, $2028NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m1418NaN
Operating income, $m610NaN
EBITDA, $m770NaN
Interest expense (income), $mNaN
Earnings before tax, $m284NaN
Tax expense, $m81NaN
Net income, $m202NaN

BALANCE SHEET

Cash and short-term investments, $m1040NaN
Total assets, $m7889NaN
Adjusted assets (=assets-cash), $m6849NaN
Average production assets, $m3858NaN
Working capital, $m-1563NaN
Total debt, $m2312NaN
Total liabilities, $m4572NaN
Total equity, $m3317NaN
Debt-to-equity ratio0.697NaN
Adjusted equity ratio0.670NaN

CASH FLOW

Net income, $m202NaN
Depreciation, amort., depletion, $m160NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m1009NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-9NaN
Free cash flow, $m1018NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m-1563
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN