AMK Stock Price, Assetmark Financial Holdings Quote, Chart

Market Summary

USD34.90-0.25

Market Closed

-0.71%

AMK Stock Price

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AMK RSI Chart

AMK Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

21.07

Price/Sales (Trailing)

3.66

EV/EBITDA

11.65

Price/Free Cashflow

15.1

AMK Price/Sales (Trailing)

AMK Profitability

EBT Margin

23.64%

Return on Equity

9.71%

Return on Assets

7.6%

Free Cashflow Yield

6.62%

AMK Fundamentals

AMK Revenue

Revenue (TTM)

708.5M

Rev. Growth (Yr)

0.42%

Rev. Growth (Qtr)

-16.97%

AMK Earnings

Earnings (TTM)

123.1M

Earnings Growth (Yr)

35.33%

Earnings Growth (Qtr)

-9.77%

Breaking Down AMK Revenue

Last 7 days

0.7%

Last 30 days

-1.4%

Last 90 days

13.0%

Trailing 12 Months

9.9%

How does AMK drawdown profile look like?

AMK Financial Health

Current Ratio

3.84

Debt/Equity

0.07

Debt/Cashflow

1.87

AMK Investor Care

Shares Dilution (1Y)

0.65%

Diluted EPS (TTM)

1.65

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	640.0M	672.0M	707.8M	708.5M
2022	559.6M	582.8M	597.8M	611.7M
2021	436.2M	465.1M	497.6M	530.3M
2020	440.5M	435.2M	432.2M	432.1M
2019	371.4M	387.1M	404.3M	417.9M
2018	0	318.2M	340.9M	363.6M
2017	0	0	0	295.5M

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Tracking the Latest Insider Buys and Sells of Assetmark Financial Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 04, 2024	kim michael	sold	-416,285	35.18	-11,833	ceo and president
Dec 06, 2023	hansen carrie e.	sold	-301,070	26.18	-11,500	evp, chief operating officer
Nov 17, 2023	mcnatt joel david jr	sold	-100,680	25.17	-4,000	evp, investment solutions
Oct 24, 2023	kim michael	acquired	-	-	42,302	ceo and president
Jun 14, 2023	angus ted f.	sold	-204,582	28.16	-7,265	evp, general counsel
Jun 09, 2023	zyla gary g.	sold	-25,316	29.61	-855	evp, chief financial officer
Jun 09, 2023	kim michael	sold	-39,914	29.61	-1,348	president & cco
Jun 09, 2023	wolfsen natalie grace	sold	-39,914	29.61	-1,348	evp, chief executive officer
Jun 09, 2023	mehta mukesh	sold	-25,316	29.61	-855	evp, chief information officer
Jun 09, 2023	minta-jacobs esi	sold	-8,883	29.61	-300	evp, hr & project management

Which funds bought or sold AMK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.83	-67,000	27,000	-%
Apr 23, 2024	Venturi Wealth Management, LLC	reduced	-25.00	-149	1,169	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	55,372	340,532	-%
Apr 19, 2024	ZRC WEALTH MANAGEMENT, LLC	unchanged	-	1,137	3,896	-%
Apr 18, 2024	Phocas Financial Corp.	unchanged	-	-3,244,750	3,248	0.01%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-38.28	-277,886	750,267	-%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	82.00	532	-%
Apr 18, 2024	Seneca House Advisors	unchanged	-	1,347,860	8,741,310	3.80%
Apr 16, 2024	Hodges Capital Management Inc.	new	-	2,124,000	2,124,000	0.14%
Apr 10, 2024	Yarbrough Capital, LLC	unchanged	-	66,290	429,913	0.02%

Are Funds Buying or Selling AMK?

Are funds buying AMK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMK

No. of Funds

Recent SEC filings of Assetmark Financial Holdings Inc

View All Filings

Date Filed	Form Type	Document
Apr 09, 2024	DEFA14A	DEFA14A
Apr 09, 2024	DEF 14A	DEF 14A
Apr 09, 2024	ARS	ARS
Mar 14, 2024	10-K	Annual Report
Mar 05, 2024	4	Insider Trading
Feb 21, 2024	8-K	Current Report
Feb 09, 2024	3/A	Insider Trading
Feb 09, 2024	13F-NT	13F-NT
Jan 29, 2024	144	Notice of Insider Sale Intent
Jan 26, 2024	4	Insider Trading

Peers (Alternatives to Assetmark Financial Holdings Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	113.6B	17.9B	-6.59%	15.57%	20.64	6.36	-0.08%	6.26%
BX	88.4B	8.0B	-3.94%	43.19%	63.59	11.02	-5.81%	-20.41%
BK	43.7B	20.6B	2.48%	37.58%	13.3	2.12	87.93%	27.71%
ARES	41.8B	3.6B	1.65%	63.32%	88.19	11.52	18.87%	183.11%
BEN	13.3B	7.9B	-7.18%	-3.39%	13.78	1.7	-1.81%	-3.56%
MID-CAP
IVZ	6.5B	5.7B	-9.31%	-13.63%	-19.53	1.14	-5.50%	-148.79%
AMG	5.3B	2.1B	-0.92%	15.63%	7.9	2.58	-11.67%	-41.28%
AB	3.8B	-	-0.68%	-2.67%	14.52	-	-	-3.64%
CNS	3.5B	489.6M	-4.98%	17.69%	27.16	7.16	-13.63%	-24.55%
APAM	3.4B	975.1M	-3.96%	22.39%	15.19	3.46	-1.83%	7.51%
AMK	2.6B	708.5M	-1.44%	9.89%	21.07	3.66	15.83%	19.23%
SMALL-CAP
BSIG	881.8M	426.6M	2.44%	-	13.4	2.07	2.25%	-34.59%
PX	881.2M	241.7M	-5.24%	-23.95%	-128.06	3.65	21.87%	-123.56%
AINC	16.5M	746.8M	112.00%	-54.83%	-3.56	0.02	15.88%	-226.93%
AC	706.0K	25.3M	-0.30%	-11.76%	0.02	0.03	137.10%	176.58%

Assetmark Financial Holdings Inc News

Latest updates

Assetmark Financial Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-17.0%	158	191	183	177	158	155	151	148	144	140	128	119	111	107	99.00	115	111	110	104	92.00	97.00
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	101	111	-	104	94.00	82.00	-
Operating Expenses	-19.5%	110	137	137	130	119	116	116	118	122	117	107	135	107	105	101	111	-	-	-	-	-
S&GA Expenses	12.5%	26.00	23.00	24.00	26.00	24.00	22.00	22.00	22.00	20.00	19.00	16.00	17.00	14.00	16.00	13.00	19.00	17.00	16.00	13.00	12.00	13.00
EBITDA Margin	6.2%	0.30*	0.28*	0.27*	0.26*	0.28*	0.26*	0.25*	0.23*	0.16*	0.14*	0.10*	0.05*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.6%	2.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	3.00	4.00	4.00	-
Income Taxes	-24.2%	11.00	15.00	12.00	7.00	11.00	7.00	8.00	7.00	8.00	9.00	10.00	-8.13	11.00	-7.71	6.00	-0.93	4.00	5.00	3.00	3.00	4.00
Earnings Before Taxes	-13.8%	46.00	53.00	45.00	24.00	37.00	37.00	33.00	29.00	20.00	22.00	20.00	-17.04	1.00	1.00	-3.47	2.00	1.00	1.00	7.00	6.00	12.00
EBT Margin	6.7%	0.24*	0.22*	0.21*	0.20*	0.22*	0.20*	0.18*	0.16*	0.08*	0.05*	0.01*	-0.04*	-	-	-	-	-	-	-	-	-
Net Income	-9.8%	35.00	38.00	33.00	17.00	26.00	30.00	25.00	22.00	12.00	12.00	10.00	-8.92	-9.86	9.00	-9.28	3.00	-2.74	-3.73	3.00	3.00	8.00
Net Income Margin	8.8%	0.17*	0.16*	0.16*	0.15*	0.17*	0.15*	0.12*	0.10*	0.05*	0.01*	0.00*	-0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-74.6%	14.00	53.00	66.00	39.00	43.00	40.00	29.00	25.00	34.00	40.00	38.00	14.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																				(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2018Q4
Assets	0.9%	1,621	1,605	1,564	1,508	1,503	1,467	1,434	1,403	1,383	1,361	1,334	1,235	1,224	1,261	1,237	1,234	1,189	1,166	1,151	1,147
Current Assets	4.5%	291	279	240	190	187	200	176	149	134	109	238	138	123	160	133	126	133	109	93.00	127
Cash Equivalents	1.4%	218	215	173	123	123	137	117	99.00	77.00	50.00	180	76.00	71.00	109	94.00	80.00	96.00	83.00	65.00	105
Net PPE	14.2%	9.00	8.00	8.00	8.00	8.00	7.00	8.00	8.00	8.00	8.00	8.00	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Goodwill	0.1%	488	487	487	487	487	437	437	437	448	441	109	339	339	339	339	339	327	325	325	298
Liabilities	-6.6%	353	378	379	361	377	370	370	368	374	370	388	306	319	360	358	359	330	318	436	448
Current Liabilities	-18.4%	76.00	93.00	94.00	75.00	74.00	54.00	53.00	49.00	59.00	49.00	40.00	34.00	46.00	39.00	35.00	35.00	42.00	39.00	36.00	49.00
Long Term Debt	0.0%	94.00	94.00	93.00	93.00	112	114	115	117	115	115	150	75.00	75.00	122	122	122	122	122	242	243
LT Debt, Non Current	0.0%	94.00	94.00	93.00	93.00	112	114	115	117	115	115	150	75.00	75.00	122	122	122	122	122	242	243
Shareholder's Equity	3.3%	1,267	1,227	1,184	1,147	1,126	1,097	1,063	1,035	1,009	991	946	930	905	901	879	875	859	848	716	699
Retained Earnings	12.7%	307	272	234	201	184	158	128	102	80.00	68.00	56.00	46.00	55.00	64.00	56.00	65.00	62.00	65.00	69.00	64.00
Additional Paid-In Capital	0.6%	961	955	951	947	943	939	935	932	929	924	891	884	850	837	824	810	796	782	647	635
Shares Outstanding	0.1%	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	72.00	73.00	72.00	70.00	-	-	-	-	-	-	-	-
Float	-	-	-	653	-	-	-	400	-	-	-	500	-	-	-	500	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-71.7%	15,245	53,949	66,353	39,126	44,702	40,331	29,846	25,422	35,076	40,616	38,628	14,657	22,548	24,895	20,255	9,249	22,517	25,058	4,739	2,769	19,749
Share Based Compensation	-3.8%	4,126	4,288	4,152	3,822	3,780	3,923	3,031	3,142	5,558	7,975	6,676	33,428	13,796	12,919	13,934	13,188	14,109	11,641	5,226	5,226	2,312
Cashflow From Investing	-5.6%	-12,685	-12,013	-16,003	-13,932	-57,076	-18,095	-10,464	-9,357	-7,818	-134,018	-9,703	-9,445	-8,487	-8,722	-6,832	-25,929	-7,770	-5,556	-41,568	-5,020	-5,509
Cashflow From Financing	-	1,366	-	-	-25,000	-1,562	-1,563	-1,562	5,945	1.00	-34,906	-	-	-50,886	-	-	-	-142	-790	-625	-625	-

AMK Income Statement

2023-12-31

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Total revenue	$ 708,499	$ 611,695	$ 530,299
Operating expenses:
Asset-based expenses	162,420	154,100	150,836
Spread-based expenses	1,244	1,571	1,427
Employee compensation	190,616	166,330	196,701
General and operating expenses	98,302	90,122	72,941
Professional fees	26,852	25,186	21,813
Depreciation and amortization	35,544	31,149	37,929
Total operating expenses	514,978	468,458	481,647
Interest expense	9,108	6,520	3,559
Other (income) expense, net	16,947	(43)	106
Income before income taxes	167,466	136,760	44,987
Provision for income taxes	44,347	33,499	19,316
Net income	123,119	103,261	25,671
Change in fair value of convertible notes receivable, net	143	(157)	0
Net comprehensive income	$ 123,262	$ 103,104	$ 25,671
Net income per share attributable to common stockholders:
Basic (in dollars per share)	$ 1.66	$ 1.40	$ 0.36
Diluted (in dollars per share)	$ 1.65	$ 1.40	$ 0.35
Weighted average number of common shares outstanding, basic (in shares)	74,113,591	73,724,341	72,137,174
Weighted average number of common shares outstanding, diluted (in shares)	74,438,332	73,872,828	72,399,213
Asset-based revenue
Revenue:
Total revenue	$ 553,483	$ 534,182	$ 512,188
Spread-based revenue
Revenue:
Total revenue	120,262	56,798	8,568
Subscription-based revenue
Revenue:
Total revenue	15,179	13,020	6,381
Other revenue
Revenue:
Total revenue	$ 19,575	$ 7,695	$ 3,162

AMK Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 217,680	$ 123,274
Restricted cash	15,000	13,000
Investments, at fair value	18,003	13,714
Fees and other receivables, net	21,345	20,082
Income tax receivable, net	1,890	265
Prepaid expenses and other current assets	17,193	16,870
Total current assets	291,111	187,205
Property, plant and equipment, net	8,765	8,495
Capitalized software, net	108,955	89,959
Other intangible assets, net	684,142	694,627
Operating lease right-of-use assets	20,408	22,002
Goodwill	487,909	487,225
Other assets	19,273	13,417
Total assets	1,620,563	1,502,930
Current liabilities:
Accounts payable	288	4,624
Accrued liabilities and other current liabilities	75,554	69,196
Total current liabilities	75,842	73,820
Long-term debt, net	93,543	112,138
Other long-term liabilities	18,429	15,185
Long-term portion of operating lease liabilities	26,295	27,924
Deferred income tax liabilities, net	139,072	147,497
Total long-term liabilities	277,339	302,744
Total liabilities	353,181	376,564
Commitments and contingencies	0	0
Stockholders’ equity:
Common stock, $0.001 par value (675,000,000 shares authorized and 74,372,889 and 73,847,596 shares issued and outstanding as of December 31, 2023 and 2022, respectively)	74	74
Additional paid-in capital	960,700	942,946
Retained earnings	306,622	183,503
Accumulated other comprehensive loss	(14)	(157)
Total stockholders’ equity	1,267,382	1,126,366
Total liabilities and stockholders’ equity	$ 1,620,563	$ 1,502,930

About Assetmark Financial Holdings Inc

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. operates as a subsidiary of Huatai International Investment Holdings Limited.

CEO	Mr. H. Michael Kim
WEBSITE	assetmark.com
INDUSTRY	Asset Management
EMPLOYEES	1000

Assetmark Financial Holdings Inc Frequently Asked Questions

What is the ticker symbol for Assetmark Financial Holdings Inc? What does AMK stand for in stocks?

AMK is the stock ticker symbol of Assetmark Financial Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Assetmark Financial Holdings Inc (AMK)?

As of Wed Apr 24 2024, market cap of Assetmark Financial Holdings Inc is 2.59 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMK stock?

You can check AMK's fair value in chart for subscribers.

What is the fair value of AMK stock?

You can check AMK's fair value in chart for subscribers. The fair value of Assetmark Financial Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Assetmark Financial Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Assetmark Financial Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether AMK is over valued or under valued. Whether Assetmark Financial Holdings Inc is cheap or expensive depends on the assumptions which impact Assetmark Financial Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMK.

What is Assetmark Financial Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, AMK's PE ratio (Price to Earnings) is 21.07 and Price to Sales (PS) ratio is 3.66. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMK PE ratio will change depending on the future growth rate expectations of investors.