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 also provides integrated technology platform for advisers for accessing a range of automated processes, including 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. In addition, the company provides SaaS-based financial planning, wellness, and client digital engagement solutions. Further, it offers mutual funds; custodial recordkeeping services primarily to investor clients of registered investment advisers; and wealth management solutions for individual investors. The company serves independent advisers who provide wealth management advice to the U.S. investors and advisers. AssetMark Financial Holdings, Inc. was founded in 1996 and is headquartered in Concord, California. AssetMark Financial Holdings, Inc. is a subsidiary of Huatai International Investment Holdings Limited.
Discounted Cash Flow Valuation of Assetmark Financial Holdings, Inc.
In the chart Earnings are multiplied by this value.
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
The average Net Margin over the past 5 years is +10.57%.
The trend of Net Margin over the past 5 years is -2.91%.
The average ROA over the past 5 years is +3.67%.
The trend of ROA over the past 5 years is +1.07%.
The average ROE over the past 5 years is +4.55%.
The trend of ROE over the past 5 years is -0.55%.
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
The Debt/FCF trailing twelve month is 0.46.
The trend of Debt/FCF over the past 5 years is -0.45.
Graham’s Stability measure stands at -0.17.
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
The Revenue CAGR over the past 5 years is +15.91%.
The trend of Revenue growth rate over the past 5 years is -0.51%.
The Earnings CAGR over the past 5 years is +0.85%.
The trend of Earnings growth rate over the past 5 years is +91.11%.
The Equity CAGR over the past 5 years is +4.92%.
The trend of Equity growth rate over the past 5 years is +5.4%.
The FCF CAGR over the past 5 years is +26.18%.
The trend of FCF growth rate over the past 5 years is +2.03%.