AMK's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.65 -- higher than just 5.89% of US-listed equities with positive expected earnings growth.
AMK's went public 1.52 years ago, making it older than merely 1.8% of listed US stocks we're tracking.
In terms of volatility of its share price, AMK is more volatile than just 10.32% of stocks we're observing.
If you're looking for stocks that are quantitatively similar to AssetMark Financial Holdings Inc, a group of peers worth examining would be TRUP, BHE, VER, SBAC, and MAT.
AMK's SEC filings can be seen here. And to visit AssetMark Financial Holdings Inc's official web site, go to www.assetmark.com.
AssetMark Financial Holdings, Inc. (AMK) Company Bio
AssetMark Financial Holdings, Inc. provides wealth management and technology solutions. It also provides end-to-end experience, spanning nearly all elements of an adviser's engagement with client, from initial conversations to ongoing financial planning discussions, including performance reporting and billing. The company was founded by Ronald Dennis Cordes, Brian O'Toole and Richard Steiny in 1996 and is headquartered in Concord, CA.
AMK Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for AMK, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that AssetMark Financial Holdings Inc ranked in the 24th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of AssetMark Financial Holdings Inc, consider:
The company has produced more trailing twelve month cash flow than only 22.67% of its sector Financial Services.
92% of the company's capital comes from equity, which is greater than 76.57% of stocks in our cash flow based forecasting set.
The business' balance sheet reveals debt to be 8% of the company's capital (with equity being the remaining amount). Approximately merely 23.39% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as AMK, try GDOT, HLNE, MA, MGI, and NMFC.
CONCORD, Calif., Jan. 11, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. In addition, the company also disclosed its AMK Report – Annual Summary, which can be found by clicking here.Company highlights for the month of December 2020 include: * Platform assets of $74.5 billion at the end of December, up 20.9% year-over-year. * Net flows were $636 million in the month of December, up from negative $194 million in December 2019. * AssetMark Trust Company client cash was $2.62 billion, up 39.4% year-over-year. * Number of households increased 15.0% year-over-year to 186,602 at the end of December. Change Mo.Yr. Dec-19Jan-20Feb-20Mar-20Apr-20May-20Jun-20Ju...
CONCORD, Calif., Jan. 04, 2021 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) announced today that it has entered into a new Credit Agreement with six banks, including Bank of Montreal serving as administrative agent. The Credit Agreement provides for a $250 million secured revolving Credit Facility. Concurrently, AssetMark will draw down $75 million on the new Credit Facility and use those funds plus cash to retire its $124 million existing term loan, which had a rate of LIBOR plus 3.00%.The new Credit Facility has a four-year maturity. Interest will be based on LIBOR plus an applicable margin, with the applicable margin being tied to the Company’s total leverage ratio. At the initial funding levels, the interest rate will be LIBOR plus 2.00%.“We are very excited a...
The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […]
CONCORD, Calif., Dec. 10, 2020 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) released its “AssetMark Monthly Knowledge” Report today. Company highlights for the month of November 2020 include: * Platform assets of $71.8 billion at the end of November, up 18.5% year-over-year. * Net flows were $501 million in the month of November, down 8.4% year-over-year. * AssetMark Trust Company client cash was $2.50 billion, up 43.7% year-over-year. * Number of households increased 13.8% year-over-year to 184,935 at the end of November. Change Mo.Yr. Nov-19Dec-19Jan-20Feb-20Mar-20Apr-20May-20Jun-20Jul-20Aug-20Sep-20Oct-20Nov-20 PLATFORM METRICS Platform Assets (in $B)60.661.6 61.861.756.059.86...