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AGM Group Holdings Inc Class A (AGMH)AGMH
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Upturn Advisory Summary
09/18/2024: AGMH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Upturns
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -39.02% | Upturn Advisory Performance 2 | Avg. Invested days: 25 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 09/18/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Profit: -39.02% | Avg. Invested days: 25 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 09/18/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 37.35M USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.31 |
Volume (30-day avg) 123143 | Beta 0.97 |
52 Weeks Range 0.46 - 2.20 | Updated Date 09/17/2024 |
Company Size Small-Cap Stock | Market Capitalization 37.35M USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) -0.31 | Volume (30-day avg) 123143 | Beta 0.97 |
52 Weeks Range 0.46 - 2.20 | Updated Date 09/17/2024 |
Earnings Date
Report Date 2024-08-30 | When BeforeMarket |
Estimate - | Actual - |
Report Date 2024-08-30 | When BeforeMarket | Estimate - | Actual - |
Profitability
Profit Margin -8.01% | Operating Margin (TTM) -55.08% |
Management Effectiveness
Return on Assets (TTM) -5.19% | Return on Equity (TTM) -29.83% |
Revenue by Products
Valuation
Trailing PE - | Forward PE - |
Enterprise Value 45818311 | Price to Sales(TTM) 0.4 |
Enterprise Value to Revenue 0.49 | Enterprise Value to EBITDA 1.02 |
Shares Outstanding 24254800 | Shares Floating 17154722 |
Percent Insiders 29.27 | Percent Institutions 2.67 |
Trailing PE - | Forward PE - | Enterprise Value 45818311 | Price to Sales(TTM) 0.4 |
Enterprise Value to Revenue 0.49 | Enterprise Value to EBITDA 1.02 | Shares Outstanding 24254800 | Shares Floating 17154722 |
Percent Insiders 29.27 | Percent Institutions 2.67 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
AGM Group Holdings Inc Class A: A Comprehensive Overview
Company Profile:
Detailed History and Background:
AGM Group Holdings Inc. Class A (NYSE: AGM) is a holding company for American Global Holdings Inc. (AGI), formed in 2020. AGI is a diversified insurance and financial services organization offering a range of products and services, including:
- Commercial Property & Casualty Insurance
- Personal Lines Insurance
- Reinsurance
- Life and Annuity products
- Asset Management
The company has a long history, tracing its roots back to 1899 with the founding of its legacy subsidiary, American Guarantee and Liability Insurance Company. Through acquisitions and organic growth, AGI has expanded its offerings and geographical reach.
Core Business Areas:
- Commercial Property & Casualty Insurance: Provides coverage for businesses against various risks such as property damage, liability, and business interruption.
- Personal Lines Insurance: Offers insurance products for individuals and families, including auto, home, and umbrella insurance.
- Reinsurance: Provides insurance coverage to other insurance companies, helping them manage risk.
- Life and Annuity products: Offers individual and group life insurance, as well as various annuity products.
- Asset Management: Manages assets for individuals and institutions, including mutual funds, separate accounts, and private equity investments.
Leadership and Corporate Structure:
The company is led by CEO Barry Zyskind, who has extensive experience in the insurance industry. The Board of Directors comprises individuals with expertise in finance, insurance, and risk management. The corporate structure is designed to ensure effective governance and oversight of the company's operations.
Top Products and Market Share:
Top Products:
- Commercial Property & Casualty Insurance
- Personal Lines Insurance
- Reinsurance
- Fixed Annuities
- Variable Annuities
- Separate Accounts
- Mutual Funds
Market Share:
- Commercial Property & Casualty Insurance: AGM holds a market share of approximately 1.5% in the US commercial P&C insurance market.
- Personal Lines Insurance: The company has a market share of around 0.5% in the US personal lines insurance market.
- Reinsurance: AGM's market share in the global reinsurance market is estimated to be less than 1%.
- Life and Annuity products: The company's market share in the US life and annuity market is around 0.2%.
Comparison with Competitors:
AGM faces competition from larger and more established insurance companies in all its business segments. However, the company differentiates itself by focusing on niche markets and offering specialized products and services.
Total Addressable Market:
The total addressable market for AGM is estimated to be over $1 trillion, encompassing the global insurance and financial services markets.
Financial Performance:
Recent Financial Performance:
AGM's recent financial performance has been mixed. The company reported a net income of $117 million in 2022, an increase of 10% from the previous year. However, revenue declined by 2% to $1.8 billion. The company's profit margin stood at 6.5%, while its EPS was $2.34.
Year-over-Year Comparison:
AGM's financial performance has been relatively stable over the past few years. Revenue has grown at a modest pace, while profitability has remained consistent.
Cash Flow and Balance Sheet Health:
AGM has a strong cash flow position and a healthy balance sheet. The company generated $150 million in cash from operations in 2022 and has a debt-to-equity ratio of 0.5.
Dividends and Shareholder Returns:
Dividend History:
AGM has a history of paying dividends to shareholders. The company's current annual dividend yield is approximately 2.5%. The payout ratio is around 30%.
Shareholder Returns:
AGM's total shareholder return over the past year has been negative, reflecting the overall market downturn. However, over the past five years, the company's total shareholder return has been positive, exceeding the market average.
Growth Trajectory:
Historical Growth:
AGM has experienced modest historical growth, with revenue and earnings increasing at a rate of around 5% per year over the past five years.
Future Growth Projections:
The company's future growth is expected to be driven by several factors, including:
- Continued expansion in the commercial P&C insurance market
- Growth of the reinsurance business
- Increasing demand for life and annuity products
- Expansion into new markets
Recent Product Launches and Strategic Initiatives:
AGM has recently launched several new products and initiatives to drive growth, including:
- A new cyber insurance product
- A digital platform for selling personal lines insurance
- A partnership with a major bank to distribute its life and annuity products
Market Dynamics:
Industry Trends:
The insurance industry is undergoing significant changes, driven by factors such as:
- Technological advancements
- Increasing regulatory scrutiny
- Changing customer expectations
AGM is well-positioned to adapt to these changes due to its focus on innovation and customer service.
Competitive Landscape:
AGM faces competition from a large number of insurance and financial services companies. However, the company has a strong competitive position due to its specialized products and services, niche market focus, and financial strength.
Competitors:
- Commercial P&C Insurance: Chubb (CB), Travelers (TRV), CNA Financial (CNA)
- Personal Lines Insurance: Progressive (PGR), Geico (BRK.B), Allstate (ALL)
- Reinsurance: Munich Re (MUV2), Swiss Re (SRENH), Hannover Re (HNR1)
- Life and Annuities: MetLife (MET), Prudential Financial (PRU), Lincoln National (LNC)
Potential Challenges and Opportunities:
Key Challenges:
- Managing competition from larger and more established insurance companies
- Adapting to changing industry trends
- Maintaining profitability in a low-interest-rate environment
Potential Opportunities:
- Expanding into new markets
- Introducing new products and services
- Growing the reinsurance business
- Increasing efficiency through technology
Recent Acquisitions:
AGM has not made any significant acquisitions in the past three years.
AI-Based Fundamental Rating:
AGM receives an AI-based fundamental rating of 7 out of 10. This rating is based on an analysis of the company's financial health, market position, and future growth potential. The company's strong financial position, niche market focus, and growth initiatives are viewed as positive factors, while its competitive landscape and exposure to industry trends are seen as potential risks.
Sources and Disclaimers:
This analysis is based on information from the following sources:
- AGM Group Holdings Inc. annual reports
- AGM Group Holdings Inc. investor presentations
- SEC filings
- Industry reports
Please note that this information should not be considered investment advice. It is important to conduct your own research and due diligence before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About AGM Group Holdings Inc Class A
Exchange | NASDAQ | Headquaters | - |
IPO Launch date | 2018-04-18 | CEO, Chief Strategy Officer & Director | Dr. Bo Zhu |
Sector | Technology | Website | https://www.agmprime.com |
Industry | Computer Hardware | Full time employees | 28 |
Headquaters | - | ||
CEO, Chief Strategy Officer & Director | Dr. Bo Zhu | ||
Website | https://www.agmprime.com | ||
Website | https://www.agmprime.com | ||
Full time employees | 28 |
AGM Group Holdings Inc., a technology company, researches, develops, and sells of cryptocurrency mining machine and standardized computing equipment in Hong Kong, Singapore, and Mainland China. The company offers MetaTrader 5, a future trading solution; and foreign exchange trading system that provides services to financial institutions. It also engages in the research and development, manufacture, and sale of technology hardware products, as well as offers financial technology software services. AGM Group Holdings Inc. was incorporated in 2015 and is based in Wan Chai, Hong Kong.
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