Valuation Ares Management Corporation

Equities

Market Closed - Nyse Other stock markets 21:00:02 11/07/2025 BST			5-day change	1st Jan Change
177.37 ^USD	-1.53%		-0.33%	+0.19%

07-09	BofA Adjusts Price Target on Ares Management to $180 From $187	MT
07-07	Blackstone Explores Inroads Into Private Credit-Secondaries Market	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	6,767	13,906	12,108	22,485	35,739	38,749	-	-
Change	-	105.48%	-12.93%	85.71%	58.95%	8.42%	-	-
Enterprise Value (EV)	16,428	24,802	12,108	22,485	45,509	38,749	38,749	38,749
Change	-	50.97%	-51.18%	85.71%	102.4%	-14.86%	0%	0%
P/E ratio	25.3x	37.8x	20.4x	32.6x	44.6x	34.7x	27.5x	23.1x
PBR	10.2x	12.8x	-	11.8x	9.99x	8.67x	8x	6.65x
PEG	-	2.4x	0.4x	3.64x	5.09x	1.2x	1.1x	1.2x
Capitalization / Revenue	3.84x	6.12x	4.32x	7.46x	10.2x	8.31x	6.67x	5.49x
EV / Revenue	0x	0x	0x	0x	0x	8.31x	6.67x	5.49x
EV / EBITDA	0x	0x	0x	0x	0x	17.5x	13.6x	11x
EV / EBIT	0x	0x	0x	0x	0x	25.4x	20.3x	15x
EV / FCF	-	-	-	-0x	0x	21x	15.8x	-
FCF Yield	-	-	-	-1.34%	7.55%	4.77%	6.32%	-
Dividend per Share ²	1.6	1.88	-	3.08	3.72	4.512	5.332	6.316
Rate of return	3.4%	2.31%	-	2.59%	2.1%	2.54%	3.01%	3.56%
EPS ²	1.86	2.15	3.35	3.65	3.97	5.109	6.44	7.68
Distribution rate	86%	87.4%	-	84.4%	93.7%	88.3%	82.8%	82.2%
Net sales ¹	1,764	2,272	2,803	3,013	3,495	4,665	5,813	7,056
EBITDA ¹	622.6	882.9	1,131	1,266	1,467	2,214	2,844	3,515
EBIT ¹	582	776.2	795.9	1,032	1,310	1,525	1,906	2,578
Net income ¹	266.8	408.8	1,062	702.5	826.1	1,197	1,583	1,972
Net Debt	9,661	10,896	-	-	9,771	-	-	-
Reference price ²	47.05	81.27	68.44	118.92	177.03	177.37	177.37	177.37
Nbr of stocks (in thousands)	143,832	171,103	176,910	189,077	201,880	218,463	-	-
Announcement Date	11/02/21	11/02/22	09/02/23	08/02/24	05/02/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
ARES MANAGEMENT CORPORATION	34.72x	-	-	2.54%	38.75B
KKR & CO. INC.	52.92x	16.23x	22.03x	0.53%	126B
BLACKSTONE INC.	32.54x	10.77x	19.11x	2.54%	125B
THE CARLYLE GROUP INC.	16.24x	5.49x	13.71x	2.41%	21.07B
AMUNDI	11.35x	4.26x	8.52x	6.11%	16.82B
ARES CAPITAL CORPORATION	12.24x	10x	-	8.41%	15.86B
CHINA CITIC FINANCIAL ASSET MANAGEMENT CO., LTD.	9.74x	-	-	-	13.08B
FRANKLIN RESOURCES, INC.	17.1x	1.28x	5.92x	5.13%	13.07B
HDFC ASSET MANAGEMENT COMPANY LIMITED	39.57x	-	-	1.98%	12.75B
BLUE OWL CAPITAL INC.	22.59x	-	-	4.77%	11.83B
Average	24.90x	8.00x	13.86x	3.82%	39.41B
Weighted average by Cap.	35.32x	11.80x	18.78x	2.41%