Ratings Brookfield Asset Management Ltd.

Equities

BAM

CA1130041058

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-05-15 EDT			5-day change	1st Jan Change
54.46 ^CAD	-0.13%		+1.26%	+2.33%

03:34pm	This bodes well for rate cuts
02:05pm	JPMorgan Downgrades Brookfield Asset Management to Neutral	MT

Strengths

Its core activity has a significant growth potential and sales are expected to surge, according to Standard & Poor's' forecast. Indeed, those may increase by 58% by 2026.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
The divergence of price targets given by the various analysts who make up the consensus is relatively low, suggesting a consensus method of evaluating the company and its prospects.

Weaknesses

With a 2024 P/E ratio at 38.63 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
For the last twelve months, the trend in sales revisions has been clearly going down, which emphasizes downgraded expectations from the analysts.
For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
For the last four months, EPS estimates made by Standard & Poor's analysts have been revised downwards.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings chart - Surperformance

Sector: Investment Management & Fund Operators

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
BROOKFIELD ASSET MANAGEMENT LTD.	+2.33%	16.7B		-
BLACKROCK, INC.	+0.48%	119B		A-
BROOKFIELD CORPORATION	+14.79%	67.3B	-	B+
APOLLO GLOBAL MANAGEMENT, INC.	+18.97%	63.09B		C
BANK OF NEW YORK MELLON CORPORATION (THE)	+12.97%	43.64B		C+
AMERIPRISE FINANCIAL, INC.	+15.68%	43.24B		A-
3I GROUP PLC	+22.51%	35.8B		A-
T. ROWE PRICE GROUP INC.	+6.86%	25.54B		B
STATE STREET CORPORATION	+0.14%	23.06B		A-
PRINCIPAL FINANCIAL GROUP, INC.	+7.77%	19.73B		B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes