Of note is the ratio of Manning & Napier Inc's sales and general administrative expense to its total operating expenses; 87.95% of US stocks have a lower such ratio.
The ratio of debt to operating expenses for Manning & Napier Inc is higher than it is for about only 14.37% of US stocks.
Manning & Napier Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 131.7%, greater than the shareholder yield of 97.18% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Manning & Napier Inc, a group of peers worth examining would be SWCH, LIVE, RMR, PINC, and BX.
Manning & Napier, Inc is a publicly owned investment manager. It provides its services to net worth individuals and institutions, including 401(k) plans, pension plans, taft-hartley plans, endowments and foundations. The company was founded in 1970 and is based in Fairport, New York.
MN Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Manning & Napier Inc. To summarize, we found that Manning & Napier Inc ranked in the 6th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 96%. As for the metrics that stood out in our discounted cash flow analysis of Manning & Napier Inc, consider:
As a business, MN is generating more cash flow than just 8.2% of positive cash flow stocks in the Financial Services.
The business' balance sheet suggests that 8% of the company's capital is sourced from debt; this is greater than merely 19.66% of the free cash flow producing stocks we're observing.
MN'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 39.64% of tickers in our DCF set.
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 MN, try GSBD, TURN, AIG, GEC, and HCAP.
Manning & Napier ([[MN]] +1.2%) reported prelim assets under management of $19.8B as of August 31, 2020 vs. $19.1B as of July 31, 2020 and $18.6B at June 30, 2020.By portfolio, blended asset and equity recorded an increase of 3.1% and 5% to $13.8B and $4.97B respectively; fixed income dipped...
Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today reported preliminary assets under management ("AUM") as of August 31, 2020 of $19.8 billion compared with $19.1 billion at July 31, 2020, and $18.6 billion at June 30, 2020. AUM by investment vehicle and by portfolio are set forth in the table below.
Manning & Napier, Inc. (MN) Q2 2020 Earnings Conference Call July 30, 2020, 05:00 PM ET Company Participants Nicole Brunner - Chief Marketing Officer Marc Mayer - CEO Paul Battaglia - CFO Conference Call Participants Presentation Operator Good evening. My name is Angela, and I will be your conference operator...