ANDG Stock Analysis: Andersen | NYSE
Personal Services | NYSE, USA | Market Cap: 979m USD | 12M Return: 136% | US0338531025 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 21.0M
Rev. Trend: 100.0%
Warnings
Tailwinds
Seasonality 0.8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Andersen Group Inc. (ANDG) is a U.S.-headquartered professional services firm that delivers independent tax, valuation, and financial advisory services to three primary client groups: individuals and family offices, businesses, and institutional clients. The company operates within the Research & Consulting Services sub-industry (GICS Industrials), a segment that includes providers of specialized advisory work typically distinct from the audit-focused Big Four accounting firms.
The firms offerings are organized across four service lines: private client services (covering multigenerational wealth, charitable giving, and trust/estate planning), business tax services (integrated tax consulting and compliance), alternative investment fund services (supporting family offices, hedge funds, private equity, venture capital, real estate investment trusts, and funds of funds), and valuation services to help clients navigate regulatory and tax requirements. This structure reflects a common model in the independent advisory sector, where firms package tax compliance, transaction support, and wealth planning under a single platform serving both high-net-worth individuals and complex investment vehicles.
Founded in 2002 and headquartered in San Francisco, California, Andersen Group Inc. operates as a subsidiary of Andersen Aggregator LLC. The company recently completed its IPO on December 17, 2025, and is classified as a mid-cap stock with a market capitalization of approximately $4.2 billion USD.
- Tax law complexity drives advisory services demand
- Alternative investment fund client growth accelerates revenue
- Lateral partner hires fuel organic expansion
| Net Income: 42.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.29 > 0.02 and ΔFCF/TA -8.63 > 1.0 |
| NWC/Revenue: 24.09% < 20% (prev 18.82%; Δ 5.28% < -1%) |
| CFO/TA 0.33 > 3% & CFO 188.6m > Net Income 42.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (13.3m) vs 12m ago 20.55% < -2% |
| Gross Margin: 34.66% > 18% (prev 23.97%; Δ 10.69% > 0.5%) |
| Asset Turnover: 185.6% > 50% (prev 187.6%; Δ -2.04% > 0%) |
| Interest Coverage Ratio: -1.79 > 6 (EBIT TTM -58.9m / Interest Expense TTM 32.8m) |
| A: 0.38 (Total Current Assets 405.4m - Total Current Liabilities 185.5m) / Total Assets 571.5m |
| B: -1.37 (Retained Earnings -781.5m / Total Assets 571.5m) |
| C: -0.12 (EBIT TTM -58.9m / Avg Total Assets 492.1m) |
| D: -1.44 (Book Value of Equity -775.3m / Total Liabilities 540.0m) |
| Altman-Z'' = -4.25 = D |
| DSRI: 1.07 (Receivables 202.6m/159.8m, Revenue 913.0m/774.1m) |
| GMI: 0.69 (GM 23.97% / 34.66%) |
| AQI: 0.82 (AQ_t 0.07 / AQ_t-1 0.09) |
| SGI: 1.18 (Revenue 913.0m / 774.1m) |
| TATA: -0.26 (NI 42.6m - CFO 188.6m) / TA 571.5m) |
| Beneish M = -3.25 (Cap -4..+1) = AA |
As of September 30, 2026, the stock is trading at USD 55.47 with a total of 1,032,977 shares traded. Over the past week, the price has changed by +4.33%, over one month by -0.48%, over three months by +46.24% and over the past year by +136.04%.
Current recommended Stop Loss: 52.70 (which is 5% or 1.3 ATR below the current price).
Andersen has no consensus analysts rating.
P/E Trailing = 14.0747
P/S = 1.0718
Revenue TTM = 913.0m USD
EBIT TTM = -58.9m USD
EBITDA TTM = -49.2m USD
Long Term Debt = 245.8m USD (from longTermDebt, last quarter)
Short Term Debt = 65.2m USD (from shortTermDebt, last quarter)
Debt = 527.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 113.2m
Net Debt = 349.8m USD (calculated: Debt 527.5m - CCE 177.7m)
Enterprise Value = 1.33b USD (978.6m + Debt 527.5m - CCE 177.7m)
Interest Coverage Ratio = -1.79 (Ebit TTM -58.9m / Interest Expense TTM 32.8m)
EV/FCF = 7.92x (Enterprise Value 1.33b / FCF TTM 167.8m)
FCF Yield = 12.63% (FCF TTM 167.8m / Enterprise Value 1.33b)
FCF Margin = 18.38% (FCF TTM 167.8m / Revenue TTM 913.0m)
Net Margin = 4.66% (Net Income TTM 42.6m / Revenue TTM 913.0m)
Gross Margin = 34.66% ((Revenue TTM 913.0m - Cost of Revenue TTM 596.6m) / Revenue TTM)
Gross Margin QoQ = 19.10% (prev 29.94%)
Tobins Q-Ratio = 2.32 (Enterprise Value 1.33b / Total Assets 571.5m)
Interest Expense / Debt = 6.22% (Interest Expense 32.8m / Debt 527.5m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -46.6m (EBIT -58.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.19 (Total Current Assets 405.4m / Total Current Liabilities 185.5m)
Debt / Equity = -0.68 (negative equity) (Debt 527.5m / totalStockholderEquity, last quarter -775.3m)
Debt / EBITDA = -7.10 (negative EBITDA) (Net Debt 349.8m / EBITDA -49.2m)
Debt / FCF = 2.09 (Net Debt 349.8m / FCF TTM 167.8m)
Total Stockholder Equity = -221.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 8.65% (Net Income 42.6m / Total Assets 571.5m)
RoE = -19.22% (negative equity) (Net Income TTM 42.6m / Total Stockholder Equity -221.5m)
RoCE = -242.4% (out of range, set to none) (EBIT -58.9m / Capital Employed (Equity -221.5m + L.T.Debt 245.8m))
RoIC = -11.48% (negative operating profit) (NOPAT -46.6m / Invested Capital 405.5m)
WACC = 5.82% (E(978.6m)/V(1.51b) * Re(6.30%) + D(527.5m)/V(1.51b) * Rd(6.22%) * (1-Tc(0.21)))
Discount Rate = 6.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.22 | Cagr: 8.66%
[DCF] Terminal Value 76.32% ; FCFF base≈163.4m ; Y1≈173.6m ; Y5≈206.0m
[DCF] Fair Price = 151.9 (EV 3.17b - Net Debt 349.8m = Equity 2.82b / Shares 18.5m; r=8.35% [WACC [floored]]; 5y FCF grow 7.04% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 100.00 | Revenue CAGR: 14.55% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.09 | Chg30d=-0.93% | Revisions=-12% | Analysts=7
EPS current Year (2026-12-31): EPS=1.87 | Chg30d=-0.01% | Revisions=+67% | GrowthEPS=-4.3% | GrowthRev=+18.4%
EPS next Year (2027-12-31): EPS=2.28 | Chg30d=+0.16% | Revisions=+67% | GrowthEPS=+22.1% | GrowthRev=+18.4%
[Analyst] Revisions Ratio: +55% (up=14, down=3)