AGF Management Limited chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.89
Dividend & Yield0.40C$ (6.48%)
Beta 1.83
Market capitalization 417.57M
Operating cash flow 59.86M
ESG Scores unknown

Company description

AGF Management Limited is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to public and corporate DB pension plans, endowments and foundations, sovereign wealth funds, corporate plans, insurance companies, and sub-advised mandates. Through its subsidiaries, it manages separate client-focused equity, fixed income, and balanced mutual funds along with separate client-focused equity, fixed income, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. For its equity portion, it invests in growth stocks of companies. The firm employs fundamental analysis to make its investments. AGF Management Limited was founded in 1957 and is based in Toronto, Canada.

Sector: Financial Services - Industry: Asset Management

Financial data

Financial Statements

Cashflow Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Change To Liabilities 4.77M 3.58M -16.09M 5.03M
Total Cashflows From Investing Activities -46.72M -46.38M 240.43M -24.6M
Net Borrowings 50M 18.5M -213.23M -4.5M
Total Cash From Financing Activities 10M -16.22M -290.54M -30.73M
Change To Operating Activities -5.19M -904k -4.19M 4.3M
Issuance Of Stock 1.95M 757k 361k 5.25M
Net Income 74.28M 47.86M 173.91M 39.3M
Change In Cash 20.95M 4.87M 42.35M -7.53M
Effect Of Exchange Rate
Total Cash From Operating Activities 57.66M 67.47M 92.46M 47.8M
Depreciation 3.34M 3.18M 6.92M 8.88M
Change To Account Receivables -5.62M 7.15M 4.19M -75k
Other Cashflows From Financing Activities -6.17M -7.1M -4.82M -474k
Change To Netincome -49.9M 5.55M -73.57M -11.24M
Capital Expenditures -2.42M -486k -1.6M -11.68M

Income Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Research Development
Income Before Tax 62.5M 57.22M 194.43M 51.8M
Net Income 74.28M 47.86M 173.91M 39.3M
Selling General Administrative 335.1M 309.98M 292.76M 333.12M
Gross Profit 419.04M 392.57M 396.38M 397M
Ebit 79.54M 78.36M 95.59M 53.39M
Operating Income 79.54M 78.36M 95.59M 53.39M
Interest Expense -4.33M -6.78M -6.37M -2.8M
Income Tax Expense -10.49M 9.36M 20.52M 12.5M
Total Revenue 448.7M 436.69M 439.52M 460.48M
Cost Of Revenue 29.66M 44.11M 43.15M 63.48M
Total Other Income ExpenseNet -17.04M -21.14M 98.83M -1.6M
Net Income From Continuing Ops 72.99M 47.86M 173.91M 39.3M
Net Income Applicable To Common Shares 74.28M 47.86M 173.91M 39.3M

Balance Sheet Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Total Liabilities 445.26M 455.52M 331.36M 328.24M
Total Stockholder Equity 972.42M 924.78M 1.02B 1.03B
Other Current Liabilities 948k 6.81M 18.13M 651k
Total Assets 1.42B 1.38B 1.35B 1.36B
Common Stock 474.32M 474.18M 425.46M 426.19M
Other Current Assets 151.6M
Retained Earnings 447.06M 398.56M 547.61M 561.79M
Treasury Stock 9.77M 11.26M 2.64M 2.95M
Cash 46.79M 51.66M 94.01M 86.48M
Total Current Liabilities 74.27M 87.46M 90.55M 86.82M
Other Stockholder Equity 9.77M 11.26M 2.64M 2.95M
Property, Plant, and Equipment 9.34M 7.22M 87.38M 92.99M
Total Current Assets 129.03M 270.01M 150.29M 153.02M
Net Tangible Assets 28.62M -18.44M 72.83M 87.9M
Net Receivables 53.33M 45.5M 38.11M 43.46M
Accounts Payable 27.52M 27.91M 21.4M 20.36M


Insider Transactions

Here are the insider transactions of stock shares related to AGF Management Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Goldring, JudyAcquisition or disposition under a purchase/ownership plan at price 4.62 per share.D2022-09-30Director of Issuer3.92k
Jackson, Charles ChristopherAcquisition or disposition under a purchase/ownership plan at price 4.61 per share.D2022-09-30Senior Officer of Issuer2.82k
Lawrence (Ashley)Acquisition or disposition under a purchase/ownership plan at price 4.56 per share.D2022-09-30Senior Officer of Issuer2.56k
Mccreadie (Kevin Andrew)Acquisition or disposition under a purchase/ownership plan at price 4.61 per share.D2022-09-30Senior Officer of Issuer5.29k
Quinn (Jennifer)D2022-09-29Senior Officer of Issuer
Quinn (Jennifer)D2022-09-29Senior Officer of Issuer
Negris (Cybele)D2022-09-27Director of Issuer
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.01 per share.D2022-08-08Issuer205.7k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.01 per share.D2022-08-08Issuer205.7k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.95 per share.D2022-08-05Issuer10.6k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.95 per share.D2022-08-05Issuer10.6k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.97 per share.D2022-08-04Issuer11.2k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.97 per share.D2022-08-04Issuer11.2k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.01 per share.D2022-08-03Issuer11.2k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.01 per share.D2022-08-03Issuer11.2k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.95 per share.D2022-08-02Issuer11.3k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.95 per share.D2022-08-02Issuer11.3k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.80 per share.D2022-07-26Subsidiary of Issuer13.96k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.97 per share.D2022-07-25Subsidiary of Issuer21.7k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.94 per share.D2022-07-22Subsidiary of Issuer4.4k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.96 per share.D2022-07-21Subsidiary of Issuer12k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.95 per share.D2022-07-20Subsidiary of Issuer23.9k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.77 per share.D2022-07-19Subsidiary of Issuer23.9k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.84 per share.D2022-07-18Subsidiary of Issuer19.9k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.73 per share.D2022-07-15Subsidiary of Issuer19.6k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.71 per share.D2022-07-14Subsidiary of Issuer23.9k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.80 per share.D2022-07-13Subsidiary of Issuer82.9k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.81 per share.D2022-07-12Subsidiary of Issuer24.04k
Agf Employee Benefit Plan TrustAcquisition or disposition in the public market at price 4.78 per share.D2022-07-11Subsidiary of Issuer13.3k
Basaraba, AdrianAcquisition or disposition under a purchase/ownership plan at price 5.55 per share.D2022-06-30Senior Officer of Issuer1.6k
Basaraba, AdrianAcquisition or disposition under a purchase/ownership plan at price 6.12 per share.D2022-06-30Senior Officer of Issuer68
Goldring, JudyAcquisition or disposition under a purchase/ownership plan at price 5.77 per share.D2022-06-30Director of Issuer3.04k
Jackson, Charles ChristopherAcquisition or disposition under a purchase/ownership plan at price 5.76 per share.D2022-06-30Senior Officer of Issuer2.19k
Lawrence (Ashley)Acquisition or disposition under a purchase/ownership plan at price 5.43 per share.D2022-06-30Senior Officer of Issuer1.63k
Mccreadie (Kevin Andrew)Acquisition or disposition under a purchase/ownership plan at price 5.71 per share.D2022-06-30Senior Officer of Issuer4.08k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.96 per share.D2022-06-23Issuer23.9k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.96 per share.D2022-06-23Issuer23.9k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.87 per share.D2022-06-22Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.87 per share.D2022-06-22Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.97 per share.D2022-06-15Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 4.97 per share.D2022-06-15Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.04 per share.D2022-06-13Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.04 per share.D2022-06-13Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.52 per share.D2022-06-06Issuer24.04k
AGF Management Ltd.Redemption, retraction, cancelation, repurchase at price 5.52 per share.D2022-06-06Issuer24.04k
Goldring, JudyD2022-05-13Director of Issuer60
Goldring, JudyI2022-05-13Director of Issuer60
Basaraba, AdrianAcquisition or disposition under a purchase/ownership plan at price 5.96 per share.D2022-03-31Senior Officer of Issuer1.51k
Basaraba, AdrianAcquisition or disposition under a purchase/ownership plan at price 6.24 per share.D2022-03-31Senior Officer of Issuer62
Goldring, JudyAcquisition or disposition under a purchase/ownership plan at price 6.07 per share.D2022-03-31Director of Issuer2.81k
Jackson, Charles ChristopherAcquisition or disposition under a purchase/ownership plan at price 6.06 per share.D2022-03-31Senior Officer of Issuer2.02k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to AGF Management Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on AGF Management Limited

Here is the result of two systematic investment strategies applied to AGF Management Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on AGF Management Limited

The following chart shows the equity curve of the two systematic investment strategies applied to AGF Management Limited:

AGF Management Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -9.47% on the backtest period.

Performance at glance

Performance

-9.47 %

Latent gain

-71.62 C$

Invested capital

755.94 C$

Annualized return

-7.17 %
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Momentum strategy results on AGF Management Limited

This is the result of two momentum investment strategies applied to AGF Management Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on AGF Management Limited

The following chart shows all the entries opened by the momentum investment system on AGF Management Limited:

AGF Management Limited momentum entries
  • The first momentum investment strategy would give -12.7% of return on AGF Management Limited. That represents -191.5C$ of latent gain with 1507.5C$ of employed capital.
  • The second momentum investment strategy would give -12.98% of return on AGF Management Limited. That represents -196.27C$ of latent gain with 1512.27C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-12.7 %

Latent gain

-191.5 C$

Invested capital

1507.5 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-12.98 %

Latent gain

-196.27 C$

Invested capital

1512.27 C$

Annualized return

-15.45 %

Momentum equity curve on AGF Management Limited

The following chart shows the equity curve of the two momentum strategies applied to AGF Management Limited:

AGF Management Limited momentum equity

Note: the dividends potentially given by AGF Management Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AGF Management Limited

The following chart shows the employed capital evolution of the two momentum strategies on AGF Management Limited since the beginning:

AGF Management Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on AGF Management Limited

Buy the dip entry openings on AGF Management Limited

AGF Management Limited

The performance achieved by the robo-advisor on AGF Management Limited is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows AGF Management Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of AGF Management Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to AGF Management Limited

The following chart shows the result of the investment strategy applied to AGF Management Limited:

AGF Management Limited

Note: the dividends potentially given by AGF Management Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on AGF Management Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on AGF Management Limited:

AGF Management Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on AGF Management Limited

In this section, I will compare the three previous investment strategies applied to AGF Management Limited.

Equity curve comparison on AGF Management Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

AGF Management Limited investment strategy comparison

Employed capital comparison on AGF Management Limited

AGF Management Limited investment comparison

Performance comparison on AGF Management Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -9.47% -71.62C$ 755.94C$ -7.17%
Momentum 1 quarter -12.7% -191.5C$ 1507.5C$ -11.76%
Momentum 2 quarters -12.98% -196.27C$ 1512.27C$ -15.45%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-7.17 %

Momentum 1Q

-15.45 %

Momentum 2Q

-15.45 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with AGF Management Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between AGF Management Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of AGF Management Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name AGF Management Limited
Country Canada
City Toronto
Address Toronto-Dominion Bank Tower
Phone 416-367-1900
Website www.agf.com
FullTime employees 631
Industry Asset Management
Sector Financial Services
Exchange XTSE
Ticker AGF-B.XTSE
Market

AGF Management Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown