- AGF Management reported an adjusted EPS of C$0.46, slightly above the market estimate of C$0.45.
- The company’s EPS increased to C$0.42 from last year’s C$0.30.
- Assets under management and fee-earning assets rose by 14% year-over-year to C$56.8 billion, surpassing the estimated C$55.78 billion.
- Adjusted EBITDA was C$46.2 million, marking a 15% increase from the previous year and exceeding the estimate of C$44.2 million.
- Adjusted net revenue grew by 7.7% year-over-year to C$107.5 million.
- CEO Judy Goldring highlighted the quarter’s strong net sales and solid investment performance, attributing it to the company’s diversified strategy across asset classes and client channels.
- Market analysts provided ratings of 3 buys, 3 holds, and 0 sells for AGF Management.
A look at Agf Management Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AGF Management Limited, an investment management firm serving a wide range of clients globally, has received positive Smartkarma Smart Scores across various key factors. The company scored high in value, growth, resilience, and momentum, indicating a strong overall outlook for the long term. With a top-notch value score, AGF Management showcases promising opportunities for investors looking for undervalued assets in the market. Additionally, the solid growth, resilience, and momentum scores suggest that the company is well-positioned to maintain steady growth and navigate potential market fluctuations efficiently.
Overall, AGF Management Limited’s impressive Smartkarma Smart Scores reflect its sound financial standing and strategic positioning in the investment management sector. With a focus on providing investment solutions to a diverse client base, including retail, institutional, and high net-worth clients, AGF’s strong scores across key factors bode well for its future performance and stability in the market. Investors keen on companies with robust value propositions, growth potential, resilience, and momentum may find AGF Management a compelling long-term investment choice.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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