Ares Management Corporati... (ARES)
Ares Management Corporation Statistics
Share Statistics
Ares Management Corporation has 198.39M shares outstanding. The number of shares has increased by 4.48% in one year.
| Shares Outstanding | 198.39M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 1.13% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 186.23M |
| Failed to Deliver (FTD) Shares | 6.85K |
| FTD / Avg. Volume | 0.64% |
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 46.26 and the forward PE ratio is 35.15. Ares Management Corporation's PEG ratio is 0.24.
| PE Ratio | 46.26 |
| Forward PE | 35.15 |
| PS Ratio | 6.04 |
| Forward PS | 5.5 |
| PB Ratio | 11.59 |
| P/FCF Ratio | -73.04 |
| PEG Ratio | 0.24 |
Enterprise Valuation
Ares Management Corporation has an Enterprise Value (EV) of 36.20B.
| EV / Earnings | 76.32 |
| EV / Sales | 9.97 |
| EV / EBITDA | 31.43 |
| EV / EBIT | 40.87 |
| EV / FCF | -120.49 |
Financial Position
The company has a current ratio of 0.73, with a Debt / Equity ratio of 8.32.
| Current Ratio | 0.73 |
| Quick Ratio | 0.73 |
| Debt / Equity | 8.32 |
| Total Debt / Capitalization | 89.27 |
| Cash Flow / Debt | -0.01 |
| Interest Coverage | 1.03 |
Financial Efficiency
Return on equity (ROE) is 0.25% and return on capital (ROIC) is 3.81%.
| Return on Equity (ROE) | 0.25% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 3.81% |
| Revenue Per Employee | 1.24M |
| Profits Per Employee | 162.55K |
| Employee Count | 2.92K |
| Asset Turnover | 0.15 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 172.97M |
| Effective Tax Rate | 0.13 |
Stock Price Statistics
The stock price has increased by 40.87% in the last 52 weeks. The beta is 1.21, so Ares Management Corporation's price volatility has been higher than the market average.
| Beta | 1.21 |
| 52-Week Price Change | 40.87% |
| 50-Day Moving Average | 184.37 |
| 200-Day Moving Average | 158.59 |
| Relative Strength Index (RSI) | 49.68 |
| Average Volume (20 Days) | 1.07M |
Income Statement
In the last 12 months, Ares Management Corporation had revenue of 3.63B and earned 474.33M in profits. Earnings per share was 2.57.
| Revenue | 3.63B |
| Gross Profit | 2.15B |
| Operating Income | 885.80M |
| Net Income | 474.33M |
| EBITDA | 1.15B |
| EBIT | 885.80M |
| Earnings Per Share (EPS) | 2.57 |
Balance Sheet
The company has 1.50B in cash and 15.76B in debt, giving a net cash position of -14.26B.
| Cash & Cash Equivalents | 1.50B |
| Total Debt | 15.76B |
| Net Cash | -14.26B |
| Retained Earnings | -495.08M |
| Total Assets | 24.52B |
| Working Capital | -1.38B |
Cash Flow
In the last 12 months, operating cash flow was -233.26M and capital expenditures -67.18M, giving a free cash flow of -300.44M.
| Operating Cash Flow | -233.26M |
| Capital Expenditures | -67.18M |
| Free Cash Flow | -300.44M |
| FCF Per Share | -1.63 |
Margins
Gross margin is 59.07%, with operating and profit margins of 24.39% and 13.06%.
| Gross Margin | 59.07% |
| Operating Margin | 24.39% |
| Pretax Margin | 36.7% |
| Profit Margin | 13.06% |
| EBITDA Margin | 31.71% |
| EBIT Margin | 24.39% |
| FCF Margin | -8.27% |
Dividends & Yields
ARES pays an annual dividend of $4.48, which amounts to a dividend yield of 2.41%.
| Dividend Per Share | $4.48 |
| Dividend Yield | 2.41% |
| Dividend Growth (YoY) | 45.45% |
| Payout Ratio | 218.54% |
| Earnings Yield | 1.38% |
| FCF Yield | -0.81% |
Analyst Forecast
The average price target for ARES is $185, which is -1% lower than the current price. The consensus rating is "Hold".
| Price Target | $185 |
| Price Target Difference | -1% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 1.45 |
| Piotroski F-Score | 7 |