AssetMark Financial Holdings AMK

AssetMark Financial Holdings trades at 3.0x EV/NTM revenue on a $2.45B enterprise value. Revenue grew 8.3% year over year to $198.5M in the quarter ending June 2024, an annual run rate of $793.0M.

ARR ($M)
793
Net Dollar Retention
--
ARR Growth
8.3%
EV / NTM Revenue
3.0x
Payback Period
EV / Run Rate
3.1x
Price & Key Metrics
Price Performance
Company Details
Share Price: 35.24
Last Filing Date: 2024-06-30
Last Filing: Form
Founding Year: 1996
IPO Year: 2019
Description
AssetMark Financial Holdings, Inc., together with its subsidiaries, provides wealth management platform in the United States. It offers an open-architecture product platform, as well as client advice, asset allocation options, practice management, support services, and technology solutions to the financial adviser channel. The company also provides flexible technology platform for advisers for accessing a range of automated tools and capabilities, including new account opening, portfolio construction, streamlined financial planning, customer billing, investor reporting, progress-to-goal analysis, and client activity tracking; adviser services; curated investment platform; and integrated financial planning tools.
Categories
Fintech Financial Services Vertical SaaS B2B SaaS
Valuation
Market Cap: 2,637.079
Enterprise Value: 2,447.397
EV / Revenue Run Rate: 3.1x
EV / NTM Revenue: 3.0x
EV / 2026 Revenue Estimates: 2.8x
EV / 2027 Revenue Estimates: 2.6x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: 793
ARR Growth %: 8%
ARR/Customer ($K): --
ARR/Employee ($K): 801
Revenue
Revenue Run Rate: 793
ARR: 793
2026 Revenue Estimates: 870
2027 Revenue Estimates: 952
2028 Revenue Estimates: --
LTM Revenue: 737
Last Year Run Rate: 732
Growth
Revenue Growth: 8%
ARR Growth: 8%
Growth Persistence: 39%
2026 Revenue Growth Estimates: 2%
2027 Revenue Growth Estimates: 9%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is AssetMark Financial Holdings growing?

AssetMark Financial Holdings grew revenue 8.3% year over year, reaching $198.5M in the quarter ending June 2024.

What multiple does AssetMark Financial Holdings trade at?

AssetMark Financial Holdings trades at 3.0x EV/NTM revenue and 3.1x EV/run-rate, on an enterprise value of $2.45B.

Is AssetMark Financial Holdings profitable?

For AssetMark Financial Holdings, LTM free cash flow margin is 23.2%.

What sector is AssetMark Financial Holdings in?

Public Comps classifies AssetMark Financial Holdings under Fintech, Financial Services, Vertical SaaS, and B2B SaaS.

Where does Public Comps get AssetMark Financial Holdings's data?

Figures come from AssetMark Financial Holdings's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.