Ares Management Corporati... (ARES)
Ares Management Statistics
Share Statistics
Ares Management has 204.11M shares outstanding. The number of shares has increased by 4.3% in one year.
| Shares Outstanding | 204.11M |
| Shares Change (YoY) | 4.3% |
| Shares Change (QoQ) | 2.88% |
| Owned by Institutions (%) | 89.6% |
| Shares Floating | 192.08M |
| Failed to Deliver (FTD) Shares | 1.83K |
| FTD / Avg. Volume | 0.12% |
Short Selling Information
The latest short interest is 3.77M, so 1.9% of the outstanding shares have been sold short.
| Short Interest | 3.77M |
| Short % of Shares Out | 1.9% |
| Short % of Float | 2.01% |
| Short Ratio (days to cover) | 3.84 |
Valuation Ratios
The PE ratio is 75.61 and the forward PE ratio is 35.15. Ares Management's PEG ratio is 48.58.
| PE Ratio | 75.61 |
| Forward PE | 35.15 |
| PS Ratio | 9.03 |
| Forward PS | 4.5 |
| PB Ratio | 9.89 |
| P/FCF Ratio | 12.99 |
| PEG Ratio | 48.58 |
Enterprise Valuation
Ares Management has an Enterprise Value (EV) of 34.2B.
| EV / Sales | 8.8 |
| EV / EBITDA | 14.18 |
| EV / EBIT | 12.25 |
| EV / FCF | 12.67 |
Financial Position
The company has a current ratio of 0.35, with a Debt / Equity ratio of 0.18.
| Current Ratio | 0.35 |
| Quick Ratio | 0.35 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 0.27 |
| Debt / FCF | 0.24 |
| Interest Coverage | 0.83 |
Financial Efficiency
Return on Equity is 13.09% and Return on Invested Capital is 108.94%.
| Return on Equity | 13.09% |
| Return on Assets | 1.86% |
| Return on Invested Capital | 108.94% |
| Revenue Per Employee | $1.21M |
| Profits Per Employee | $144.92K |
| Employee Count | 3,200 |
| Asset Turnover | 0.16 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 164.62M |
| Effective Tax Rate | 12.91% |
Stock Price Statistics
The stock price has increased by 17.06% in the last 52 weeks. The beta is 1.26, so Ares Management's price volatility has been higher than the market average.
| Beta | 1.26 |
| 52-Week Price Change | 17.06% |
| 50-Day Moving Average | 169.65 |
| 200-Day Moving Average | 161.1 |
| Relative Strength Index (RSI) | 49.08 |
| Average Volume (20 Days) | 1.5M |
Income Statement
In the last 12 months, Ares Management had revenue of 3.88B and earned 463.74M in profits. Earnings per share was 2.61.
| Revenue | 3.88B |
| Gross Profit | 2.15B |
| Operating Income | 814.96M |
| Net Income | 463.74M |
| EBITDA | 2.41B |
| EBIT | 2.25B |
| Earnings Per Share (EPS) | 2.61 |
Balance Sheet
The company has 1.51B in cash and 641.86M in debt, giving a net cash position of 866.11M.
| Cash & Cash Equivalents | 1.51B |
| Total Debt | 641.86M |
| Net Cash | 866.11M |
| Retained Earnings | -837.29M |
| Total Assets | 24.88B |
| Working Capital | -85.8M |
Cash Flow
In the last 12 months, operating cash flow was 2.79B and capital expenditures -91.51M, giving a free cash flow of 2.7B.
| Operating Cash Flow | 2.79B |
| Capital Expenditures | -91.51M |
| Free Cash Flow | 2.7B |
| FCF Per Share | 13.63 |
Margins
Gross margin is 55.42%, with operating and profit margins of 20.98% and 11.94%.
| Gross Margin | 55.42% |
| Operating Margin | 20.98% |
| Pretax Margin | 32.83% |
| Profit Margin | 11.94% |
| EBITDA Margin | 62.09% |
| EBIT Margin | 20.98% |
| FCF Margin | 69.49% |
Dividends & Yields
ARES pays an annual dividend of $3.91, which amounts to a dividend yield of 2.66%.
| Dividend Per Share | $3.91 |
| Dividend Yield | 2.66% |
| Dividend Growth (YoY) | 20.43% |
| Payout Ratio | 191.67% |
| Earnings Yield | 1.32% |
| FCF Yield | 7.7% |
Analyst Forecast
The average price target for ARES is $185, which is 19.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $185 |
| Price Target Difference | 19.7% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 1.39 |
| Piotroski F-Score | 8 |