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Added to YB: 2025-04-04

Pitch date: 2025-02-16

AGF-B.TO [bullish]

AGF Management Limited

+48.49%

current return

Author Info

No bio for this author

Company Info

AGF Management Limited is one of Canada’s premier investment management companies with offices across Canada and subsidiaries around the world.

Market Cap

CAD 671.1M

Pitch Price

CAD 10.61

Price Target

22.00 (+40%)

Dividend

4.48%

EV/EBITDA

4.92

P/E

7.03

EV/Sales

1.32

Sector

Capital Markets

Category

value

Show full summary:
AGF Management Limited - $AGF-B.TO

AGF-B.TO: Canadian asset manager, $700M mkt cap, $400M net cash. $115M pretax 2023. 3 segments: Retail Funds (40B AUM), Wealth Mgmt (8.5B AUM), Alts (5B AUM). Cheap at ~2.8x EV/EBT. Upside from AUM shift to Wealth/Alts, multiple expansion, buybacks. Double potential. Risks: industry-specific, US exposure.

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