Artisan Partners Asset Management Inc. (APAM) Company Bio
Artisan Partners Asset Management provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The company was founded in 1994 and is based in Milwaukee, Wisconsin.
APAM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Artisan Partners Asset Management Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Artisan Partners Asset Management Inc ranked in the 45th 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 Artisan Partners Asset Management Inc, consider:
Its compound free cash flow growth rate, as measured over the past 5.69 years, is -0.03% -- higher than only 20.77% of stocks in our DCF forecasting set.
APAM's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 34.13% of tickers in our DCF set.
Relative to other stocks in its sector (Financial Services), Artisan Partners Asset Management Inc has a reliance on debt greater than merely 20.99% of them.
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 APAM, try DFIN, FSAM, L, SG, and FCFS.
At this time, I will turn the call over to Ms. Makela Taphorn, Director, Investor Relations for Artisan Partners Asset Management. Today's call will include remarks from Eric Colson, Chairman and CEO; and C.J. Daley, CFO.