Assetmark Financial Intrinsic Value Calculator – AssetMark Financial Platform Assets Dip 0.5% M/M But Rise 10.9% Y/Y
June 21, 2023
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ASSETMARK ($NYSE:AMK): AssetMark Financial, a leading provider of comprehensive wealth management solutions, recently released figures that showed a 0.5% decrease in their platform assets month-over-month.
However, despite this dip, the same figures showed a 10.9% increase in the company’s platform assets year-over-year. AssetMark Financial is a financial services company providing independent financial advisors with turnkey asset management solutions. Their solutions are powered by practice management systems, proprietary technology and an extensive network of partner firms. The company supports advisors in serving their clients and helping them reach their financial goals by offering innovative products and services, including personal portfolio management, performance reporting and risk analytics. The company’s dip in platform assets month-over-month is likely the result of market volatility due to the ongoing pandemic and economic crisis. However, the 10.9% growth year-over-year could indicate that AssetMark Financial’s solutions are continuing to be popular among advisors and investors.
Analysis – Assetmark Financial Intrinsic Value Calculator
GoodWhale has conducted an in-depth analysis of ASSETMARK FINANCIAL‘s financials and have arrived at a fair value of around $29.6 for its share. This value was calculated by our proprietary Valuation Line which takes into account various factors such as the company’s current and future prospects, market conditions, and other external factors. Currently, ASSETMARK FINANCIAL stock is traded at $28.9 which represents a 2.5% discount from its fair value, making it a good buying opportunity for investors. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Assetmark Financial. More…
| Total Revenues | Net Income | Net Margin |
| 646.57 | 98.26 | 15.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Assetmark Financial. More…
| Operations | Investing | Financing |
| 154 | -99.57 | -29.69 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Assetmark Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.51k | 360.6 | 15.52 |
Key Ratios Snapshot
Some of the financial key ratios for Assetmark Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.6% | 91.3% | 21.5% |
| FCF Margin | ROE | ROA |
| 17.5% | 7.6% | 5.8% |
Peers
The company offers a wide range of services including investment management, financial planning, and retirement planning. AssetMark Financial Holdings Inc. has a strong focus on providing a high level of customer service and has a team of experienced professionals that are dedicated to helping clients reach their financial goals. The company is headquartered in the United States and has offices in Canada, Europe, and Asia.
– Insignia Financial Ltd ($ASX:IFL)
Insignia Financial Ltd. is a holding company, which engages in the provision of financial services. It operates through the following segments: Banking, Insurance, and Investment. The Banking segment offers current accounts, savings accounts, and loans. The Insurance segment provides life insurance products. The Investment segment includes investment banking, securities brokerage, and asset management services. The company was founded on December 20, 2002 and is headquartered in Toronto, Canada.
– WT Financial Group Ltd ($ASX:WTL)
Founded in 1856, Macquarie Group is a global provider of banking, financial, advisory, investment, and funds management services with operations in more than 60 countries. The company has a market capitalization of $27.81 billion and a return on equity of 9.92%. Macquarie’s businesses are organized into four main operating groups: Banking and Financial Services, Corporate and Asset Finance, Markets, and Macquarie Capital. Banking and Financial Services offers a range of banking and financial services, including retail banking, commercial banking, and asset and wealth management. Corporate and Asset Finance provides financing and leasing solutions to corporate and government clients. Markets provides sales and trading, research, and market risk management services. Macquarie Capital is the company’s investment banking arm.
– Huntwicke Capital Group Inc ($OTCPK:HCGI)
With a market cap of 23.16M as of 2022, a Return on Equity of -4.1%, and a focus on providing private equity and venture capital investments, Huntwicke Capital Group Inc is a company to watch.
Summary
AssetMark Financial is an investment and services platform that provides a variety of services to its clients. This suggests that investors may be feeling more confident in their investments with AssetMark compared to other platforms and that AssetMark is continuing to make improvements to their platform. Overall, AssetMark’s performance has been strong and the platform is proving to be a solid choice for investment services.
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