Valuation Ares Management Corporation

Equities

Market Closed - Nyse Other stock markets 04:00:02 2025-01-24 pm EST			5-day change	1st Jan Change
197.32 ^USD	+0.72%		+3.14%	+11.46%

07:24am	Blackstone Unit to Acquire Potomac Energy Center	MT
06:33pm	Blackstone to buy $1 billion Virginia power plant near data centers	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	4,095	6,767	13,906	12,108	22,485	39,548	39,548	-
Change	-	65.25%	105.48%	-12.93%	85.71%	75.89%	0%	-
Enterprise Value (EV) ¹	11,748	16,428	24,802	12,108	22,485	42,206	39,548	39,548
Change	-	39.84%	50.97%	-51.18%	85.71%	87.71%	-6.3%	0%
P/E ratio	21.4x	25.3x	37.8x	20.4x	32.6x	48.3x	35.4x	29x
PBR	5.01x	10.2x	12.8x	-	11.8x	14.4x	13.7x	12.1x
PEG	-	2.2x	2.4x	0.4x	3.64x	4.3x	1x	1.3x
Capitalization / Revenue	2.32x	3.84x	6.12x	4.32x	7.46x	11x	8.04x	6.55x
EV / Revenue	6.65x	9.31x	10.9x	4.32x	7.46x	11.7x	8.04x	6.55x
EV / EBITDA	23.3x	26.4x	28.1x	10.7x	17.8x	24.8x	16.8x	13.5x
EV / EBIT	25.4x	28.2x	32x	15.2x	21.8x	35.7x	24x	17.7x
EV / FCF	-	-	-	-	-74.8x	31x	19.4x	-
FCF Yield	-	-	-	-	-1.34%	3.23%	5.15%	-
Dividend per Share ²	1.36	1.6	1.88	-	3.08	3.72	4.513	5.289
Rate of return	3.81%	3.4%	2.31%	-	2.59%	1.9%	2.3%	2.7%
EPS ²	1.67	1.86	2.15	3.35	3.65	4.057	5.54	6.758
Distribution rate	81.4%	86%	87.4%	-	84.4%	91.7%	81.5%	78.3%
Net sales ¹	1,765	1,764	2,272	2,803	3,013	3,600	4,920	6,035
EBITDA ¹	503.5	622.6	882.9	1,131	1,266	1,702	2,349	2,939
EBIT ¹	462.9	582	776.2	795.9	1,032	1,183	1,650	2,236
Net income ¹	193.2	266.8	408.8	1,062	702.5	837.4	1,265	1,609
Net Debt ¹	7,653	9,661	10,896	-	-	2,657	-	-
Reference price ²	35.69	47.05	81.27	68.44	118.92	195.90	195.90	195.90
Nbr of stocks (in thousands)	114,746	143,832	171,103	176,910	189,077	201,880	201,880	-
Announcement Date	2/13/20	2/11/21	2/11/22	2/9/23	2/8/24	-	-	-

¹USD in Million²USD

Estimates

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E ratio	EV / Sales	EV / EBITDA	Yield	Capi. ($)
ARES MANAGEMENT CORPORATION	48.29x	11.72x	24.79x	+1.90%	39.55B
KKR & CO. INC.	46.47x	21.58x	28.92x	+0.42%	147B
BLACKSTONE INC.	42.21x	13.24x	22.55x	+2.03%	142B
THE CARLYLE GROUP INC.	17.05x	5.94x	13.01x	+2.46%	20.37B
LEGAL & GENERAL PLC	14.2x	5.15x	-	+9.06%	16.93B
BLUE OWL CAPITAL INC.	33.6x	-	-	+2.77%	14.8B
AMUNDI	10.55x	3.82x	7.82x	+6.35%	14.08B
FRANKLIN RESOURCES, INC.	10.6x	1.1x	4.67x	+6.45%	10.47B
HDFC ASSET MANAGEMENT COMPANY LIMITED	35.02x	-	-	+2.19%	9.9B
TPG INC.	63.13x	4.48x	9.12x	+2.38%	7.26B
Average	32.11x	8.38x	15.84x	+3.60%	42.27B
Weighted average by Cap.	39.98x	14.63x	23.43x	+2.05%