AGF-B Stock Analysis: AGF Management | TO
Asset Management | TO, Canada | Market Cap: 927m CAD | 12M Return: 7.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.67M
EPS Trend: 94.5%
Qual. Beats: 0
Rev. Trend: 98.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.8 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.
AGF Management Limited is a Canadian asset manager founded in 1957. It offers mutual funds, managed portfolios, private investment management, institutional services, and trust products such as GICs, loans, and mortgages.
Asset managers typically earn fees for managing investments on behalf of individual and institutional clients. AGF is classified in the Financials sector under Asset Management & Custody Banks.
- Market gains and net inflows lift fee-based AUM and earnings
- ETF competition and fee compression pressure mutual-fund margins
- Private-markets growth and share buybacks support earnings and shareholder returns
| Net Income: 140.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.34 > 1.0 |
| NWC/Revenue: 1.68% < 20% (prev -0.13%; Δ 1.80% < -1%) |
| CFO/TA 0.07 > 3% & CFO 122.3m > Net Income 140.5m |
| Net Debt (170.4m) to EBITDA (195.3m): 0.87 < 3 |
| Current Ratio: 1.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (65.2m) vs 12m ago -3.06% < -2% |
| Gross Margin: 62.25% > 18% (prev 56.18%; Δ 6.07% > 0.5%) |
| Asset Turnover: 34.30% > 50% (prev 31.53%; Δ 2.77% > 0%) |
| Interest Coverage Ratio: 32.58 > 6 (EBIT TTM 185.4m / Interest Expense TTM 5.69m) |
| A: 0.01 (Total Current Assets 135.1m - Total Current Liabilities 125.0m) / Total Assets 1.79b |
| B: 0.46 (Retained Earnings 819.9m / Total Assets 1.79b) |
| C: 0.11 (EBIT TTM 185.4m / Avg Total Assets 1.76b) |
| D: 2.43 (Book Value of Equity 1.25b / Total Liabilities 515.0m) |
| Altman-Z'' = 4.79 = AA |
| DSRI: 0.87 (Receivables 41.5m/42.8m, Revenue 602.9m/543.6m) |
| GMI: 0.90 (GM 56.18% / 62.25%) |
| AQI: 1.00 (AQ_t 0.87 / AQ_t-1 0.88) |
| SGI: 1.11 (Revenue 602.9m / 543.6m) |
| TATA: 0.01 (NI 140.5m - CFO 122.3m) / TA 1.79b) |
| Beneish M = -3.14 (Cap -4..+1) = AA |
As of November 04, 2026, the stock is trading at CAD 14.62 with a total of 251,771 shares traded. Over the past week, the price has changed by -1.22%, over one month by -5.00%, over three months by -35.99% and over the past year by +7.09%.
Current recommended Stop Loss: 14.10 (which is 3.6% or 1.3 ATR below the current price).
AGF Management has no consensus analysts rating.
P/E Trailing = 6.8779
P/E Forward = 6.5703
P/S = 1.5128
P/B = 0.7399
P/EG = 2.7881
Revenue TTM = 602.9m CAD
EBIT TTM = 185.4m CAD
EBITDA TTM = 195.3m CAD
Long Term Debt = 79.9m CAD (from longTermDebt, last quarter)
Short Term Debt = 6.15m CAD (from shortTermDebt, last quarter)
Debt = 239.5m CAD (from shortLongTermDebtTotal, last quarter) + Leases 79.8m
Net Debt = 170.4m CAD (calculated: Debt 239.5m - CCE 69.1m)
Enterprise Value = 1.10b CAD (926.6m + Debt 239.5m - CCE 69.1m)
Interest Coverage Ratio = 32.58 (Ebit TTM 185.4m / Interest Expense TTM 5.69m)
EV/FCF = 9.46x (Enterprise Value 1.10b / FCF TTM 115.9m)
FCF Yield = 10.57% (FCF TTM 115.9m / Enterprise Value 1.10b)
FCF Margin = 19.23% (FCF TTM 115.9m / Revenue TTM 602.9m)
Net Margin = 23.30% (Net Income TTM 140.5m / Revenue TTM 602.9m)
Gross Margin = 62.25% ((Revenue TTM 602.9m - Cost of Revenue TTM 227.6m) / Revenue TTM)
Gross Margin QoQ = 54.73% (prev 72.69%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.10b / Total Assets 1.79b)
Interest Expense / Debt = 2.38% (Interest Expense 5.69m / Debt 239.5m)
Taxrate = 21.22% (38.1m / 179.7m)
NOPAT = 146.0m (EBIT 185.4m * (1 - 21.22%))
Current Ratio = 1.08 (Total Current Assets 135.1m / Total Current Liabilities 125.0m)
Debt / Equity = 0.19 (Debt 239.5m / totalStockholderEquity, last quarter 1.25b)
Debt / EBITDA = 0.87 (Net Debt 170.4m / EBITDA 195.3m)
Debt / FCF = 1.47 (Net Debt 170.4m / FCF TTM 115.9m)
Total Stockholder Equity = 1.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.99% (Net Income 140.5m / Total Assets 1.79b)
RoE = 11.46% (Net Income TTM 140.5m / Total Stockholder Equity 1.23b)
RoCE = 14.20% (EBIT 185.4m / Capital Employed (Equity 1.23b + L.T.Debt 79.9m))
RoIC = 8.89% (NOPAT 146.0m / Invested Capital 1.64b)
WACC = 6.62% (E(926.6m)/V(1.17b) * Re(7.85%) + D(239.5m)/V(1.17b) * Rd(2.38%) * (1-Tc(0.21)))
Discount Rate = 7.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -53.22 | Cagr: -0.98%
[DCF] Terminal Value 75.26% ; FCFF base≈116.6m ; Y1≈115.8m ; Y5≈119.9m
[DCF] Fair Price = 26.90 (EV 1.87b - Net Debt 170.4m = Equity 1.70b / Shares 63.2m; r=8.35% [WACC [floored]]; 5y FCF grow -1.31% → 2.50% )
EPS Correlation: 94.54 | EPS CAGR: 16.39% | SUE: -0.64 | # QB: 0
Revenue Correlation: 98.01 | Revenue CAGR: 11.54% | SUE: -0.63 | # QB: 0
EPS current Quarter (2027-02-28): EPS=0.50 | Chg30d=-7.51% | Revisions=-62% | Analysts=6
EPS current Year (2026-11-30): EPS=2.05 | Chg30d=-2.35% | Revisions=-67% | GrowthEPS=+6.3% | GrowthRev=+3.9%
EPS next Year (2027-11-30): EPS=2.18 | Chg30d=-4.55% | Revisions=-67% | GrowthEPS=+6.2% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: -85% (up=0, down=17)