AJ BELL PLC (AJB) AI Stock Analysis

• Market Cap: £2.06B
• Dividend Yield: 2.5%
• Average Volume (3M): 853.01K
• Price to Earnings (P/E): 23.4
• Beta (1Y): 1.28
• Revenue Growth: 18.52%
• EPS Growth: 9.87%
• Country: UK
• Employees: 1,460
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.12
• Shares Outstanding: 404,494,870
• 10 Day Avg. Volume: 1,699,688
• 30 Day Avg. Volume: 853,012
• PEG Ratio: 1.25
• Price to Book (P/B): 9.08
• Price to Sales (P/S): 6.87
• P/FCF Ratio: 19.84
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £512.86
• Price Target Upside: 0.76% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 7

• Rating: 74 Outperform
• Price Target: 574.00p ▲(12.77% Upside)

AJ Bell PLC's strong financial performance is the most significant factor, supported by robust revenue and profit growth, efficient cost management, and financial stability. The technical analysis suggests a neutral market position with no strong momentum signals. The valuation indicates a potentially overvalued stock, but the dividend yield offers some compensation. The absence of earnings call and corporate events data did not impact the score.

AJ BELL PLC Business Overview & Revenue Model

Company Description

AJ Bell plc, through its subsidiaries, operates investment platforms in the United Kingdom. The company offers AJ Bell Investcentre, which provides a suite of products, services, investment solutions, and online tools for regulated financial advisers and wealth managers to help them manage retail customers' portfolio; and AJ Bell Youinvest, an investment platform proposition that include investment solutions through in-house funds, ready-made portfolios, and guidance through the AJ Bell funds list to execution-only retail customers, as well as cash savings solutions. It also provides adviser-led and D2C pension administration services to customers with bespoke SIPP and SSAS accounts; dealing, settlement, and custody services to institutional investment businesses; and white label SIPP administration, as well as publishes shares magazine and other proprietary investment content to support platform propositions. The company was founded in 1995 and is headquartered in Manchester, the United Kingdom.

How the Company Makes Money

AJ Bell generates revenue through several key streams, primarily from fees charged on assets under administration (AUA). The company earns ongoing management fees from its investment platforms, which include charges for managing SIPPs, ISAs, and other investment accounts. Additionally, AJ Bell collects transaction fees when clients buy or sell investments. Another significant revenue source comes from its investment management services, where it earns fees based on the performance of its funds. The company has also established partnerships with various financial advisers and institutions, enhancing its distribution channels and client acquisition efforts. Factors contributing to AJ Bell's earnings include the growth of its customer base, the performance of the financial markets, and the overall increase in assets under management.

AJ BELL PLC Financial Statement Overview

Summary

AJ Bell PLC displays a commendable financial performance characterized by strong revenue and profit growth, efficient cost management, and robust cash flow generation. The company's low leverage and high return on equity highlight financial stability and profitability. Slight fluctuations in free cash flow growth should be monitored, but overall, the financial health is strong.

Income Statement

AJ Bell PLC has demonstrated strong revenue growth over the years, with the latest annual increase of 23.5%. Gross profit margins remain robust at 100%, indicating efficient cost management. The net profit margin has improved to 31.3%, showing enhanced profitability. EBIT and EBITDA margins are also healthy at 39.8% and 43.6%, respectively, reflecting strong operational performance.

Balance Sheet

The company maintains a solid balance sheet with a low debt-to-equity ratio of 0.06, suggesting minimal leverage risk. Return on equity is impressive at 41.3%, indicating high profitability relative to shareholder investments. The equity ratio stands at 70.6%, showcasing financial stability with a substantial proportion of assets financed by equity.

Cash Flow

AJ Bell PLC exhibits strong cash flow generation with a free cash flow growth rate of -4.7% due to a slight decline from the previous year. The operating cash flow to net income ratio of 1.14 indicates efficient cash conversion. The free cash flow to net income ratio is 1.11, further underscoring robust cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	291.42M	269.44M	218.23M	163.85M	145.83M	126.75M
Gross Profit	222.09M	269.44M	218.23M	163.85M	145.83M	126.75M
EBITDA	117.44M	117.62M	90.99M	62.60M	59.83M	52.81M
Net Income	89.51M	84.30M	68.22M	46.74M	43.82M	38.83M
Balance Sheet
Total Assets	277.77M	288.88M	234.32M	165.78M	162.34M	141.39M
Cash, Cash Equivalents and Short-Term Investments	174.50M	196.65M	146.30M	84.03M	97.06M	86.38M
Total Debt	12.55M	13.18M	12.41M	13.96M	15.59M	16.34M
Total Liabilities	78.81M	84.89M	68.28M	32.38M	31.63M	31.92M
Stockholders Equity	198.96M	203.99M	166.04M	133.39M	130.71M	109.47M
Cash Flow
Free Cash Flow	71.39M	93.34M	97.91M	42.62M	44.21M	38.81M
Operating Cash Flow	93.79M	96.29M	101.41M	46.00M	47.75M	39.87M
Investing Cash Flow	-2.90M	3.96M	-1.11M	-3.38M	-6.11M	-1.05M
Financing Cash Flow	-78.23M	-49.90M	-38.03M	-52.59M	-30.97M	-21.50M

AJ BELL PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 509.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:AJB, the sentiment is Positive. The current price of 509 is below the 20-day moving average (MA) of 509.36, below the 50-day MA of 516.88, and above the 200-day MA of 462.27, indicating a neutral trend. The MACD of -1.68 indicates Negative momentum. The RSI at 48.57 is Neutral, neither overbought nor oversold. The STOCH value of 32.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:AJB.

AJ BELL PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RAT	77 Outperform	1.91B	29.73	0.00%	5.19%	14.05%	-3.07%
EMG	76 Outperform	1.97B	14.13	17.78%	7.36%	-10.85%	-42.02%
AJB	74 Outperform	£2.06B	23.45	47.17%	2.50%	18.52%	9.87%
JTC	72 Outperform	2.24B	-113.33	-1.36%	0.95%	16.90%	-165.00%
IHP	64 Neutral	1.10B	22.40	25.01%	3.17%	-4.17%	-6.46%
QLT	52 Neutral	2.23B	-1,832.22	-2.39%	3.76%	-28.04%	-102.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

AJ BELL PLC Corporate Events

AJ Bell Executes Share Buyback Program

AJ Bell PLC has executed a share buyback program, purchasing 44,609 of its ordinary shares at a volume-weighted average price of 509.43 pence per share, with the intention to cancel these shares. This move is part of a larger £25 million buyback initiative announced earlier in the year, aimed at reducing the number of shares in circulation and potentially increasing shareholder value. Following the cancellation of these shares, the total number of ordinary shares in issue will be 404,666,656, which represents the total voting rights in the company.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £574.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value

AJ Bell PLC has announced the purchase of 44,141 of its ordinary shares as part of a share buyback program valued at up to £25 million. The company plans to cancel these shares, reducing the total number of shares in circulation to 404,711,265, which will impact shareholder voting rights and potentially enhance shareholder value by increasing earnings per share.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £574.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell Executives Increase Stake Through Share Purchase

AJ Bell PLC, a company involved in financial services, has announced that several of its key managerial personnel have purchased ordinary shares under the company’s Buy As You Earn (BAYE) scheme. This move involves individuals such as Mo Tagari, Liz Carrington, and others, each acquiring 29 shares at a price of £5.138899 per share. The transactions were conducted on the London Stock Exchange and reflect a continued investment by the company’s leadership in its own equity, potentially signaling confidence in AJ Bell’s future performance and stability.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £574.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell Executes Share Buyback as Part of £25 Million Program

AJ Bell PLC has executed a share buyback, purchasing 107,243 ordinary shares at an average price of 517.07 pence per share, as part of a £25 million buyback program. The company plans to cancel these shares, reducing the total number of shares in issue to 404,755,406, which may influence shareholder voting rights and market perception.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £574.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value

AJ Bell PLC announced the purchase of 104,941 ordinary shares as part of its £25 million share buyback program, with the intention to cancel these shares. This move will reduce the total number of shares in issue to 404,862,649, potentially increasing shareholder value by reducing the supply of shares and enhancing earnings per share.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £562.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell PLC Executes Share Buyback as Part of £25 Million Program

AJ Bell PLC, a financial services company, has announced a share buyback transaction where it purchased 101,731 of its ordinary shares through Jefferies International Limited. This move is part of a larger £25 million share buyback program announced earlier this year. The purchased shares will be cancelled, reducing the total number of shares in issue to 404,967,590. This action is likely to impact the company’s share value and provide a return to shareholders, while also potentially altering the company’s market capitalization and voting rights structure.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £562.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell Executes Share Buyback to Optimize Capital Structure

AJ Bell PLC has announced a transaction involving the repurchase of 96,748 of its ordinary shares as part of a £25 million share buyback program. The shares were purchased at prices ranging from 503.50 to 511.50 pence and will be canceled, reducing the total number of shares in issue to 405,069,321. This move is part of AJ Bell’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £562.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell Executes Share Buyback to Enhance Shareholder Value

AJ Bell PLC has executed a share buyback program, purchasing 93,547 of its ordinary shares at an average price of 508.52 pence per share. This move, part of a £25 million buyback initiative, will result in the cancellation of these shares, reducing the total number of shares in issue to 405,166,069. The buyback is expected to enhance shareholder value and reflects the company’s commitment to returning capital to its investors.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £562.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell PLC Executes Share Buyback to Enhance Shareholder Value

AJ Bell PLC announced the purchase of 92,697 of its ordinary shares as part of a £25 million share buyback program. This move is aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares and strengthening shareholder value. The total number of shares in issue after cancellation will be 405,259,616, which represents the total voting rights in the company, impacting shareholder calculations under financial regulations.

The most recent analyst rating on (GB:AJB) stock is a Buy with a £562.00 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.

AJ Bell Executes Share Buyback, Cancels Purchased Shares

AJ Bell PLC, a financial services company, has executed a share buyback program, purchasing 89,837 of its ordinary shares through Jefferies International Limited. The shares were bought at prices ranging from 503.50 to 510.00 pence, with a volume-weighted average price of 507.34 pence. The company plans to cancel these shares, reducing the total number of shares in issue to 405,352,313. This move is part of a broader strategy to manage capital and potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing the value of remaining shares.

The most recent analyst rating on (GB:AJB) stock is a Sell with a £4.40 price target. To see the full list of analyst forecasts on AJ BELL PLC stock, see the GB:AJB Stock Forecast page.