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Ares Management Corp
NYSE:ARES

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Ares Management Corp
NYSE:ARES
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Price: 115.23 USD 0.39% Market Closed
Market Cap: $22.9B

EV/EBIT

34.9
Current
19%
Cheaper
vs 3-y average of 43.1

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
34.9
=
Enterprise Value
$34.6B
/
EBIT
$1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
34.9
=
Enterprise Value
$34.6B
/
EBIT
$1B

Valuation Scenarios

Ares Management Corp is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (43.1), the stock would be worth $142.23 (23% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-44%
Maximum Upside
+23%
Average Downside
13%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 34.9 $115.23
0%
3-Year Average 43.1 $142.23
+23%
5-Year Average 38.6 $127.38
+11%
Industry Average 20 $65.88
-43%
Country Average 19.6 $64.71
-44%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
$34.6B
/
Jan 2026
$1B
=
34.9
Current
$34.6B
/
Dec 2026
$2.1B
=
16.7
Forward
$34.6B
/
Dec 2027
$2.3B
=
15
Forward
$34.6B
/
Dec 2028
$2.8B
=
12.4
Forward
$34.6B
/
Dec 2029
$1.9B
=
18.5
Forward
$34.6B
/
Dec 2030
$2.3B
=
15.2
Forward
$34.6B
/
Dec 2031
$2.4B
=
14.1
Forward
$34.6B
/
Dec 2032
$2.4B
=
14.2
Forward
$34.6B
/
Dec 2033
$2.7B
=
12.9
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
US
Ares Management Corp
NYSE:ARES
22.9B USD 34.9 59.6
US
BlackRock Inc
NYSE:BLK
162B USD 19.4 25.9
US
Blackstone Inc
NYSE:BX
144.5B USD 21.2 49.2
CA
Brookfield Corp
NYSE:BN
102.1B USD 16.9 89.6
US
Bank of New York Mellon Corp
NYSE:BK
92.3B USD 0 17.4
US
KKR & Co Inc
NYSE:KKR
90.8B USD 282.4 40.6
ZA
Ninety One Ltd
JSE:NY1
82.3B ZAR -41.5 24.2
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
67.3B EUR 28.6 31.2
CA
Brookfield Asset Management Inc
NYSE:BAM
77.9B USD 28.7 31.4
CA
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
107.2B CAD 28.3 30.9
US
Ameriprise Financial Inc
NYSE:AMP
42.4B USD 12.3 11.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Ares Management Corp
NYSE:ARES
Average EV/EBIT: 52.5
34.9
41%
0.9
US
BlackRock Inc
NYSE:BLK
19.4
22%
0.9
US
Blackstone Inc
NYSE:BX
21.2
28%
0.8
CA
Brookfield Corp
NYSE:BN
16.9
-24%
N/A
US
Bank of New York Mellon Corp
NYSE:BK
Not Available N/A N/A
US
KKR & Co Inc
NYSE:KKR
282.4
172%
1.6
ZA
N
Ninety One Ltd
JSE:NY1
Negative Multiple: -41.5 N/A N/A
US
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
28.6
21%
1.4
CA
Brookfield Asset Management Inc
NYSE:BAM
28.7
21%
1.4
CA
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
28.3
21%
1.3
US
Ameriprise Financial Inc
NYSE:AMP
12.3
-1%
N/A

Market Distribution

Higher than 80% of companies in the United States of America
Percentile
80th
Based on 8 638 companies
80th percentile
34.9
Low
0 — 13.6
Typical Range
13.6 — 27.8
High
27.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 13.6
Median 19.6
70th Percentile 27.8
Max 1 826 183.2

Ares Management Corp
Glance View

Ares Management Corporation stands as a beacon of expertise in the intricate realm of alternative asset management, a field that demands astute financial foresight and strategic acumen. Founded in 1997, the company has meticulously crafted its reputation through a distinctive approach that integrates credit, private equity, real estate, and infrastructure, bridging infrastructure with innovative financial products. This Los Angeles-based firm employs a wealth of financial talent and relies on its diversified strategies to navigate and thrive in the volatile terrains of today's global markets. Understanding how to balance risk and return, Ares caters to a broad clientele that includes institutional investors, private clients, and a cadre of other stakeholders looking for returns that surpass the conventional boundaries of mainstream financial instruments. The lifeblood of Ares Management's operations lies in its ability to generate substantial revenue by leveraging distinct investment strategies across its various platforms. The firm earns management fees based on the assets it oversees, ensuring a steady stream of income. What sets Ares apart is its emphasis on performance fees, which are secured when its investment strategies yield returns exceeding predefined benchmarks. This model aligns the company's incentives with those of its clients, creating a shared goal of maximizing returns. Ares' tactical forays into diverse asset types provide robust flexibility, enabling it to pivot and adapt swiftly to market changes, ensuring it remains a formidable force amidst the ever-shifting tides of global finance. This sophisticated amalgamation of strategy and execution underscores the very foundation upon which Ares stands, weaving a narrative of careful stewardship and innovative triumph in the field of alternative investments.

ARES Intrinsic Value
163.68 USD
Undervaluation 30%
Intrinsic Value
Price $115.23
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