One of the losers of today's trading session was Brookfield Asset Management. Shares of the Asset management company plunged -2.1%, and some investors may be wondering if its price of $43.77 would make a good entry point. Here's what you should know if you are considering this investment:
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Brookfield Asset Management has moved -24.0% over the last year, and the S&P 500 logged a change of -15.3%
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BAM has an average analyst rating of buy and is -26.38% away from its mean target price of $59.45 per share
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Its trailing earnings per share (Eps) is $2.07
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Brookfield Asset Management has a trailing 12 month Price to Earnings (P/E) ratio of 21.1 while the S&P 500 average is 15.97
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Its forward earnings per share (Eps) is $3.49 and its forward P/E ratio is 12.5
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The company has a Price to Book (P/B) ratio of 1.7 in contrast to the S&P 500's average ratio of 2.95
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Brookfield Asset Management is part of the Financial Services sector, which has an average P/E ratio of 13.34 and an average P/B of 1.95
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BAM has reported YOY quarterly earnings growth of -49.1% and gross profit margins of 17.8%
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The company has a free cash flow of $-11,410,249,728.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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Brookfield Asset Management is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Asset Management Inc. was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.
