-1.09%
-12.13%
-4.38%
14.36%
28.00%
106.09%
371.96%
210.00210.00200.00200.00190.00190.00180.00180.00170.00170.00160.00160.0011/29/202411/29/202412/10/202412/10/202412/21/202412/21/20241/1/20251/1/20251/13/20251/13/20251/24/20251/24/20252/4/20252/4/20252/15/20252/15/2025
Download SVG
Download PNG
Download CSV

Company Description

Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia.The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets.Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies.


The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies.Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate.The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia.


Ares Management GP LLC is the general partner of the company.

Market Data

Last Price 167.12
Change Percentage -1.09%
Open 170.71
Previous Close 168.97
Market Cap ( Millions) 33155
Volume 1227981
Year High 200.49
Year Low 125.23
M A 50 183.96
M A 200 159.76

Financial Ratios

FCF Yield 8.53%
Dividend Yield 2.23%
ROE 23.14%
Debt / Equity 25.80%
Net Debt / EBIDTA 7.95%
Price To Book 16.16
Price Earnings Ratio 74.92
Price To FCF 11.73
Price To sales 8.87
EV / EBITDA 14.29

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Credit Group

Expected Growth : 9.9 %

What the company do ?

The Credit Group from Ares Management Corporation is a leading provider of credit solutions, offering a range of financing options for middle-market companies.

Why we expect these perspectives ?

Ares Management Corporation's Credit Group achieved 9.9% growth driven by increasing demand for alternative credit, expansion into new markets, and strategic acquisitions. Strong origination capabilities, diversified portfolio, and effective risk management also contributed to this growth. Additionally, the group's ability to capitalize on market dislocations and provide customized credit solutions to clients further fueled its growth.

Segment nΒ°2 -> Real Assets Group

Expected Growth : 8.97 %

What the company do ?

The Real Assets Group from Ares Management Corporation is a leading global alternative investment manager focused on infrastructure, real estate, and natural resources.

Why we expect these perspectives ?

Ares Management Corporation's Real Assets Group achieved 8.97% growth driven by increasing investor demand for income-generating assets, expansion into new markets, and strategic acquisitions. Strong performance in infrastructure and real estate investments, coupled with a growing focus on ESG and sustainable investing, also contributed to the segment's growth.

Segment nΒ°3 -> Private Equity Group

Expected Growth : 9.9 %

What the company do ?

The Private Equity Group from Ares Management Corporation is a leading global alternative investment manager, providing flexible capital solutions to middle-market companies.

Why we expect these perspectives ?

Ares Management Corporation's Private Equity Group achieved 9.9% growth driven by strong deal flow, strategic acquisitions, and a robust investment pipeline. The group's focus on middle-market companies, coupled with its expertise in distressed investing and special situations, contributed to its success. Additionally, the group's ability to leverage Ares' global platform and network of relationships helped to drive growth.

Segment nΒ°4 -> Secondaries Group

Expected Growth : 11.98 %

What the company do ?

The Secondaries Group from Ares Management Corporation is a leading investor in secondary private equity investments, providing liquidity solutions to investors and managers.

Why we expect these perspectives ?

Ares Management's Secondaries Group growth of 11.98% is driven by increasing demand for liquidity solutions, expansion into new markets, and strategic partnerships. The group's ability to provide creative solutions for complex secondary transactions, coupled with its strong relationships with LPs and GPs, has enabled it to capitalize on the growing secondary market.

Segment nΒ°5 -> Other

Expected Growth : 10.27 %

What the company do ?

Ares Management Corporation's 'Other' segment includes revenue from its energy and infrastructure investments, as well as fees from its asset management business.

Why we expect these perspectives ?

Ares Management Corporation's 10.27% growth is driven by increasing demand for alternative investments, expansion into new markets, and strategic acquisitions. The company's diversified portfolio, including credit, private equity, and real estate, has also contributed to its growth. Additionally, Ares' ability to raise capital and deploy it effectively has enabled the company to capitalize on market opportunities, further fueling its growth.

Segment nΒ°6 -> Operations Management Group

Expected Growth : 10.88 %

What the company do ?

The Operations Management Group from Ares Management Corporation provides operational expertise to portfolio companies, driving growth and value creation through strategic initiatives and best practices.

Why we expect these perspectives ?

Ares Management Corporation's Operations Management Group achieved 10.88% growth driven by increased deal flow, expansion into new markets, and strategic acquisitions. Additionally, the group's focus on operational efficiency, cost savings, and revenue enhancement initiatives contributed to its growth. Strong relationships with clients and a robust pipeline of opportunities also supported the segment's performance.

Ares Management Corporation Products

Product Range What is it ?
Direct Lending Ares Management Corporation provides direct lending services, offering customized financing solutions to middle-market companies.
High Yield Bonds Ares Management Corporation invests in high yield bonds, providing financing to companies with below-investment-grade credit ratings.
Leveraged Loans Ares Management Corporation invests in leveraged loans, providing financing to companies with high levels of debt.
Private Equity Ares Management Corporation provides private equity investments, taking an active role in guiding portfolio companies' growth and operations.
Real Assets Ares Management Corporation invests in real assets, including infrastructure, real estate, and energy projects.
Credit Opportunities Ares Management Corporation provides credit opportunities investments, focusing on distressed or undervalued debt securities.

Ares Management Corporation's Porter Forces

Ares Management Corporation operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the availability of alternative investment options.

Ares Management Corporation's customers are primarily institutional investors, who have limited bargaining power due to the company's strong brand reputation and diversified investment offerings.

Ares Management Corporation has a diversified supplier base, and the company's suppliers have limited bargaining power due to the availability of alternative suppliers.

The threat of new entrants is low due to the high barriers to entry in the alternative investment management industry, including regulatory hurdles and the need for significant capital and expertise.

The alternative investment management industry is highly competitive, with many established players competing for market share and investor capital.

Capital Structure

Value
Debt Weight 89.27%
Debt Cost 6.28%
Equity Weight 10.73%
Equity Cost 9.84%
WACC 6.66%
Leverage 832.15%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
BK The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth …
BLK BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, …
AMP Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & …
BX Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. …
KKR KKR & Co. Inc. is a private equity and real estate investment firm specializing in direct and fund of fund investments. It specializes in acquisitions, leveraged buyouts, management buyouts, credit …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
167.12$
Current Price
167.12$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

ValueQualityYieldMomentumVolatilityGrowth
Company A-Score: 8.20Peer Group Average: 5.50Leader: 6.00

Peers Group Analysis

πŸ₯‡

BNY Mellon Logo
BNY Mellon
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Ameriprise Financial Logo
Ameriprise Financial
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

Ares Management Logo
Ares Management
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

BlackRock Logo
BlackRock
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

Blackstone Logo
Blackstone
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

KKR Logo
KKR
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->