Associated Capital Group, Inc. (ACGP) vs Burford Capital Limited (BUR)

Associated Capital Group, Inc. and Burford Capital Limited are both Asset Management companies. Burford Capital Limited is the larger, with a market value of $722.5M against $649.9M — 1.1× the size. Burford Capital Limited has negative trailing earnings, so its P/E is not meaningful; Associated Capital Group, Inc. trades at 14.8×. Associated Capital Group, Inc. grew revenue faster over the last twelve months: 131.6% against −331.0%. Associated Capital Group, Inc. has the higher net margin (162.0% vs 112.0%) and the higher return on invested capital (−0.83% vs −29.9%). Both pay a dividend; Burford Capital Limited yields more (4.14% vs 1.26%). Across the 17 metrics below, Associated Capital Group, Inc. leads on 12 and Burford Capital Limited on 5.

Valuation

Metric ACGP BUR Asset Management median
P/E 14.76 n/m 13.99
P/S 23.69 n/m 2.76
P/B 0.70 0.45 0.85
Price to free cash flow n/m n/m 8.32
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 6.78% (255.30%) 4.72%
Free cash flow yield (1.40%) (27.93%) 4.44%

Profitability

Metric ACGP BUR Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin (27.97%) 99.23% 33.42%
Net margin 162.00% 111.95% 13.37%
Free cash flow margin (33.19%) 12.27% 12.36%
Return on equity 4.85% (71.82%) 4.79%
Return on assets 4.63% (31.82%) 1.55%
Return on invested capital (0.83%) (29.90%) 2.97%

Growth

Metric ACGP BUR Asset Management median
Revenue growth (TTM) 131.64% (330.95%) 7.42%
EPS growth (last fiscal year) 21.15% (57.58%) (6.67%)
Revenue growth, 5-year CAGR 7.21% 2.85% 12.51%
Net income growth, 5-year CAGR 23.01% (17.64%) 0.00%

Health

Metric ACGP BUR Asset Management median
Debt to equity 0.00 1.64 0.44
Current ratio 15.24 9.56 1.30
Net debt to EBITDA 40.56 6.34 1.02

Dividend

Metric ACGP BUR Asset Management median
Dividend yield 1.26% 4.14% 6.60%
Payout ratio 0.19 — 0.94

Size

Metric ACGP BUR Asset Management median
Market cap 649.89m 722.47m 694.86m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack