(MGR) Affiliated Managers - Ratings and Ratios
Mutual Funds, Institutional Strategies, Alternative Products, Fixed Income, Quantitative
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 8.54% |
| Yield on Cost 5y | 8.95% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 97.1% |
| Payout Ratio | 8.6% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 10.8% |
| Value at Risk 5%th | 17.4% |
| Relative Tail Risk | -2.39% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.07 |
| Alpha | -4.35 |
| CAGR/Max DD | 0.26 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.439 |
| Beta | 0.254 |
| Beta Downside | 0.305 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.98% |
| Mean DD | 8.00% |
| Median DD | 7.74% |
Description: MGR Affiliated Managers December 20, 2025
Affiliated Managers Group, Inc. (NYSE:MGR) operates a partnership-style model in which it holds minority stakes in a network of independent boutique investment firms, providing them with capital, distribution, and operational support while allowing each affiliate to retain its investment philosophy and decision-making autonomy.
The firm delivers advisory and sub-advisory services to mutual funds that are sold to both retail and institutional investors through channels such as independent advisors, retirement plan sponsors, broker-dealers, and bank trust departments. Its product suite spans U.S. equity across small-cap to large-cap value and growth, emerging-market equities, quantitative strategies, alternatives, and fixed-income solutions, serving foundations, endowments, and both defined-benefit and defined-contribution pension plans.
Key performance indicators (KPIs) to watch include total assets under management (≈ $800 billion as of FY 2024), fee-related earnings growth (≈ 7 % YoY), and the proportion of revenue generated from non-traditional (alternative and quantitative) strategies, which has risen to roughly 15 % of total fees. The asset-management sector is currently pressured by fee compression and a shift toward low-cost passive products, while higher interest-rate environments boost demand for fixed-income and cash-equivalent allocations.
Given MGR’s diversified affiliate network and exposure to multiple investment styles, a deeper quantitative analysis on platforms like ValueRay could help surface hidden upside or risk factors.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (531.2m TTM) > 0 and > 6% of Revenue (6% = 122.5m TTM) |
| FCFTA 0.11 (>2.0%) and ΔFCFTA -0.37pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 12.93% (prev 75.75%; Δ -62.82pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.11 (>3.0%) and CFO 955.4m > Net Income 531.2m (YES >=105%, WARN >=100%) |
| Net Debt (1.90b) to EBITDA (699.8m) ratio: 2.71 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (33.0m) change vs 12m ago -5.71% (target <= -2.0% for YES) |
| Gross Margin 51.70% (prev 54.39%; Δ -2.69pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 22.90% (prev 22.68%; Δ 0.22pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.71 (EBITDA TTM 699.8m / Interest Expense TTM 137.0m) >= 6 (WARN >= 3) |
Altman Z'' 4.94
| (A) 0.03 = (Total Current Assets 1.14b - Total Current Liabilities 879.7m) / Total Assets 8.93b |
| (B) 0.81 = Retained Earnings (Balance) 7.27b / Total Assets 8.93b |
| warn (B) unusual magnitude: 0.81 — check mapping/units |
| (C) 0.06 = EBIT TTM 507.9m / Avg Total Assets 8.92b |
| (D) 1.63 = Book Value of Equity 7.16b / Total Liabilities 4.39b |
| Total Rating: 4.94 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 67.64
| 1. Piotroski 6.0pt |
| 2. FCF Yield 13.49% |
| 3. FCF Margin 46.53% |
| 4. Debt/Equity 0.71 |
| 5. Debt/Ebitda 2.71 |
| 6. ROIC - WACC (= 4.92)% |
| 7. RoE 16.20% |
| 8. Rev. Trend -77.42% |
| 9. EPS Trend 30.26% |
What is the price of MGR shares?
Over the past week, the price has changed by +0.89%, over one month by +0.51%, over three months by -3.90% and over the past year by +3.03%.
Is MGR a buy, sell or hold?
What are the forecasts/targets for the MGR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 22.8 | 5.9% |
MGR Fundamental Data Overview December 20, 2025
Beta = None
Revenue TTM = 2.04b USD
EBIT TTM = 507.9m USD
EBITDA TTM = 699.8m USD
Long Term Debt = unknown (none)
Short Term Debt = 34.7m USD (from shortTermDebt, last fiscal year)
Debt = 2.37b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.90b USD (from netDebt column, last quarter)
Enterprise Value = 7.04b USD (5.15b + Debt 2.37b - CCE 476.1m)
Interest Coverage Ratio = 3.71 (Ebit TTM 507.9m / Interest Expense TTM 137.0m)
FCF Yield = 13.49% (FCF TTM 950.1m / Enterprise Value 7.04b)
FCF Margin = 46.53% (FCF TTM 950.1m / Revenue TTM 2.04b)
Net Margin = 26.01% (Net Income TTM 531.2m / Revenue TTM 2.04b)
Gross Margin = 51.70% ((Revenue TTM 2.04b - Cost of Revenue TTM 986.3m) / Revenue TTM)
Gross Margin QoQ = 51.99% (prev 46.53%)
Tobins Q-Ratio = 0.79 (Enterprise Value 7.04b / Total Assets 8.93b)
Interest Expense / Debt = 1.40% (Interest Expense 33.2m / Debt 2.37b)
Taxrate = 19.75% (71.6m / 362.5m)
NOPAT = 407.6m (EBIT 507.9m * (1 - 19.75%))
Current Ratio = 1.30 (Total Current Assets 1.14b / Total Current Liabilities 879.7m)
Debt / Equity = 0.71 (Debt 2.37b / totalStockholderEquity, last quarter 3.34b)
Debt / EBITDA = 2.71 (Net Debt 1.90b / EBITDA 699.8m)
Debt / FCF = 2.00 (Net Debt 1.90b / FCF TTM 950.1m)
Total Stockholder Equity = 3.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.95% (Net Income 531.2m / Total Assets 8.93b)
RoE = 16.20% (Net Income TTM 531.2m / Total Stockholder Equity 3.28b)
RoCE = 6.31% (EBIT 507.9m / Capital Employed (Total Assets 8.93b - Current Liab 879.7m))
RoIC = 10.03% (NOPAT 407.6m / Invested Capital 4.06b)
WACC = 5.11% (E(5.15b)/V(7.52b) * Re(6.95%) + D(2.37b)/V(7.52b) * Rd(1.40%) * (1-Tc(0.20)))
Discount Rate = 6.95% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -100.0 | Cagr: -10.61%
Fair Price DCF = unknown (Cash Flow 950.1m)
EPS Correlation: 30.26 | EPS CAGR: 59.66% | SUE: 4.0 | # QB: 3
Revenue Correlation: -77.42 | Revenue CAGR: -6.95% | SUE: N/A | # QB: 0
Additional Sources for MGR Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle