Apollo Global Management, LLC Class A Common Shares Representing Class A Limitied Liability Company Interests (APO) Company Bio
Apollo Global Management provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. The company was founded in 1990 and is based in New York.
APO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Apollo Global Management Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Apollo Global Management Inc ranked in the 61th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 89.17%. As for the metrics that stood out in our discounted cash flow analysis of Apollo Global Management Inc, consider:
45% of the company's capital comes from equity, which is greater than just 23.16% of stocks in our cash flow based forecasting set.
Apollo Global Management Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.86. This coverage rate is greater than that of merely 17.38% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Apollo Global Management Inc experienced a tax rate of about 59% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 95.25% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
SAMG, CB, HNNA, OCN, and MKL can be thought of as valuation peers to APO, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
CNBC Exclusive: CNBC’s Leslie Picker Interviews Josh Harris From CNBC Institutional Investor Delivering Alpha Conference Q2 2020 hedge fund letters, conferences and more WHEN: Today, Wednesday, September 30th Interview With Apollo Global Management Co-Founder Josh Harris LESLIE PICKER: Josh Harris, Co-Founder of Apollo, I am so glad you’re here today because you have been […] The post Josh Harris From Delivering Alpha Conference: SPACs Are Here To Stay appeared first on ValueWalk .
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