Ares Management Corp
NYSE:ARES

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Ares Management Corp
NYSE:ARES
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Price: 182.3 USD 2.2% Market Closed
Market Cap: 36.2B USD
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Relative Value

The Relative Value of one ARES stock under the Base Case scenario is 292.92 USD. Compared to the current market price of 182.3 USD, Ares Management Corp is Undervalued by 38%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ARES Relative Value
Base Case
292.92 USD
Undervaluation 38%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
0
vs Industry
13
Median 3Y
5.5
Median 5Y
4.8
Industry
3.1
Forward
9.9
vs History
20
vs Industry
4
Median 3Y
64.6
Median 5Y
64.6
Industry
15.3
Forward
43.8
vs History
9
vs Industry
0
Median 3Y
-8.2
Median 5Y
-8.2
Industry
10.2
vs History
23
vs Industry
3
Median 3Y
20.4
Median 5Y
-8.2
Industry
12.8
vs History
0
vs Industry
1
Median 3Y
10.9
Median 5Y
8.8
Industry
1.3
vs History
0
vs Industry
11
Median 3Y
9.3
Median 5Y
9.3
Industry
4.8
Forward
13.3
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
7
vs History
19
vs Industry
11
Median 3Y
36.1
Median 5Y
39.3
Industry
14.1
Forward
28.8
vs History
19
vs Industry
7
Median 3Y
39.3
Median 5Y
40.5
Industry
14.6
Forward
34.1
vs History
9
vs Industry
1
Median 3Y
-15.3
Median 5Y
-16.9
Industry
12.3
vs History
9
vs Industry
0
Median 3Y
-15
Median 5Y
-16.6
Industry
13.4
vs History
0
vs Industry
13
Median 3Y
1.7
Median 5Y
1.5
Industry
1

Multiples Across Competitors

ARES Competitors Multiples
Ares Management Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Ares Management Corp
NYSE:ARES
36.2B USD 9.8 83.6 49.3 49.3
US
Blackstone Inc
NYSE:BX
211B USD 18.5 94.9 38.8 39.1
US
BlackRock Inc
NYSE:BLK
145.9B USD 7.5 24 18.8 19.9
US
KKR & Co Inc
NYSE:KKR
131.6B USD 5.5 44 169.5 169.5
CA
Brookfield Corp
NYSE:BN
88.1B USD 1 119.4 10 14.4
LU
Reinet Investments SCA
JSE:RNI
61.4B Zac 0 0 0 0
ZA
Ninety One Ltd
JSE:NY1
60.6B Zac 0 0 0 0
MU
African Rainbow Capital Investments Ltd
JSE:AIL
58.9B Zac 0 0 0 0
US
Bank of New York Mellon Corp
NYSE:BK
56.7B USD 3.1 16.8 54.1 0
US
Ameriprise Financial Inc
NYSE:AMP
52B USD 3 19.2 18 18
UK
3i Group PLC
LSE:III
35.4B GBP 8.8 9.2 9.5 9.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Ares Management Corp
NYSE:ARES
Average EV/EBITDA: 46
49.3
33%
1.5
US
Blackstone Inc
NYSE:BX
38.8
49%
0.8
US
BlackRock Inc
NYSE:BLK
18.8
20%
0.9
US
KKR & Co Inc
NYSE:KKR
169.5
61%
2.8
CA
Brookfield Corp
NYSE:BN
10
-24%
N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
54.1
N/A N/A
US
Ameriprise Financial Inc
NYSE:AMP
18
12%
1.5
UK
3i Group PLC
LSE:III
9.5
13%
0.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Ares Management Corp
NYSE:ARES
Average EV/EBIT: 45.7
49.3
37%
1.3
US
Blackstone Inc
NYSE:BX
39.1
46%
0.8
US
BlackRock Inc
NYSE:BLK
19.9
20%
1
US
KKR & Co Inc
NYSE:KKR
169.5
48%
3.5
CA
Brookfield Corp
NYSE:BN
14.4
-40%
N/A
LU
R
Reinet Investments SCA
JSE:RNI
Not Available N/A N/A
ZA
N
Ninety One Ltd
JSE:NY1
Not Available N/A N/A
MU
A
African Rainbow Capital Investments Ltd
JSE:AIL
Not Available N/A N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
Ameriprise Financial Inc
NYSE:AMP
18
6%
3
UK
3i Group PLC
LSE:III
9.5
18%
0.5