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NYSE: AMK
Assetmark Financial Holdings Inc Stock

$35.08-0.27 (-0.76%)
Updated Mar 1, 2024
AMK Price
$35.08
Fair Value Price
N/A
Market Cap
$2.61B
52 Week Low
$22.92
52 Week High
$36.15
P/E
22.78x
P/B
2.12x
P/S
2.61x
PEG
0.92x
Dividend Yield
N/A
Revenue
$714.45M
Earnings
$114.08M
Gross Margin
48.3%
Operating Margin
23.43%
Profit Margin
16%
Debt to Equity
0.31
Operating Cash Flow
$204M
Beta
1.11
Next Earnings
May 1, 2024
Ex-Dividend
N/A
Next Dividend
N/A

AMK Overview

AssetMark Financial Holdings, Inc. provides wealth management and technology solutions in the United States. The company offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology to the financial adviser channel. It provides integrated technology platform for advisers new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress to goal analysis, and client activity tracking; advisory services; and curated investment platform. The company also offers mutual funds to clients of financial advisers; custodial recordkeeping services primarily to investor clients of registered investment advisers; record-keeper and third-party administrator services for retirement products; wealth management services for institutional and individual investors; and insurance services on an intermediary basis. It serves independent advisers who provide wealth management advice to the U.S. investors. The company was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. is a subsidiary of Huatai International Investment Holdings Limited.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how AMK scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

AMK ($35.08) is trading above its intrinsic value of $21.79, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
AMK is good value based on its earnings relative to its share price (22.78x), compared to the US market average (36.17x)
P/E vs Market Valuation
AMK is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more AMK due diligence checks available for Premium users.

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AMK News

Valuation

AMK price to earnings (PE)

For valuing profitable companies with steady earnings
Company
22.78x
Industry
-128.89x
Market
36.17x
AMK is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
AMK is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

AMK price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.12x
Industry
2.38x
AMK is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

AMK price to earnings growth (PEG)

For valuing profitable companies with growth potential
AMK is good value based... subscribe to Premium to read more.
PEG Value Valuation

AMK's financial health

Profit margin

Revenue
$190.5M
Net Income
$38.4M
Profit Margin
20.1%
AMK's Earnings (EBIT) of $167.38M... subscribe to Premium to read more.
Interest Coverage Financials
AMK's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$1.6B
Liabilities
$378.2M
Debt to equity
0.31
AMK's short-term assets ($278.60M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
AMK's long-term liabilities ($285.22M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
AMK's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$53.9M
Investing
-$12.0M
Financing
$0.0
AMK's operating cash flow ($204.13M)... subscribe to Premium to read more.
Debt Coverage Financials

AMK vs Asset Management Stocks

TickerMarket Cap1d %P/EP/B
AMK$2.61B-0.76%22.78x2.12x
GBDC$2.64B-0.45%8.52x1.03x
VCTR$2.48B+0.31%11.97x2.35x
HTGC$2.86B-0.11%7.78x1.58x
PSEC$2.28B-0.36%-27.50x0.62x

Assetmark Financial Holdings Stock FAQ

What is Assetmark Financial Holdings's quote symbol?

(NYSE: AMK) Assetmark Financial Holdings trades on the NYSE under the ticker symbol AMK. Assetmark Financial Holdings stock quotes can also be displayed as NYSE: AMK.

If you're new to stock investing, here's how to buy Assetmark Financial Holdings stock.

What is the 52 week high and low for Assetmark Financial Holdings (NYSE: AMK)?

(NYSE: AMK) Assetmark Financial Holdings's 52-week high was $36.15, and its 52-week low was $22.92. It is currently -2.96% from its 52-week high and 53.05% from its 52-week low.

How much is Assetmark Financial Holdings stock worth today?

(NYSE: AMK) Assetmark Financial Holdings currently has 74,265,358 outstanding shares. With Assetmark Financial Holdings stock trading at $35.08 per share, the total value of Assetmark Financial Holdings stock (market capitalization) is $2.61B.

Assetmark Financial Holdings stock was originally listed at a price of $27.04 in Jul 18, 2019. If you had invested in Assetmark Financial Holdings stock at $27.04, your return over the last 4 years would have been 29.73%, for an annualized return of 6.72% (not including any dividends or dividend reinvestments).

How much is Assetmark Financial Holdings's stock price per share?

(NYSE: AMK) Assetmark Financial Holdings stock price per share is $35.08 today (as of Mar 1, 2024).

What is Assetmark Financial Holdings's Market Cap?

(NYSE: AMK) Assetmark Financial Holdings's market cap is $2.61B, as of Mar 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Assetmark Financial Holdings's market cap is calculated by multiplying AMK's current stock price of $35.08 by AMK's total outstanding shares of 74,265,358.
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