AMTD IDEA Group (AMTD) vs Mount Logan Capital Inc. (MLCI)

AMTD IDEA Group and Mount Logan Capital Inc. are both Asset Management companies. Mount Logan Capital Inc. is the larger, with a market value of $37.7M against $30.1M — 1.3× the size. Mount Logan Capital Inc. has negative trailing earnings, so its P/E is not meaningful; AMTD IDEA Group trades at 0.7×. AMTD IDEA Group has the higher net margin (87.8% vs −155.4%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, AMTD IDEA Group leads on 13 and Mount Logan Capital Inc. on 2.

Valuation

Metric AMTD MLCI Asset Management median
P/E 0.69 n/m 14.62
P/S 0.05 0.96 2.97
P/B 0.01 0.64 0.94
Price to free cash flow n/m n/m 8.93
EV/EBITDA n/m 39.25 10.32
EV/Sales 0.45 (25.78) 5.72
Earnings yield 145.88% (191.12%) 4.53%
Free cash flow yield 0.00% (119.60%) 4.65%

Profitability

Metric AMTD MLCI Asset Management median
Gross margin 0.00% 100.00% 100.00%
Operating margin 0.00% (139.61%) 33.03%
Net margin 87.76% (155.36%) 13.53%
Free cash flow margin 0.00% (114.52%) 12.44%
Return on equity 0.00% (76.87%) 4.83%
Return on assets 0.00% (8.18%) 1.57%
Return on invested capital 0.00% 0.00% 3.04%

Growth

Metric AMTD MLCI Asset Management median
Revenue growth (TTM) 150.88% — 6.97%
EPS growth (last fiscal year) (5.64%) (316.67%) —
Revenue growth, 5-year CAGR (2.98%) — 12.13%
Net income growth, 5-year CAGR (21.23%) — 0.00%

Health

Metric AMTD MLCI Asset Management median
Debt to equity 0.11 1.81 0.42
Current ratio 13.51 0.82 1.28
Net debt to EBITDA 0.00 45.83 1.06

Dividend

Metric AMTD MLCI Asset Management median
Dividend yield — — 6.92%
Payout ratio 0.00 — 0.77

Size

Metric AMTD MLCI Asset Management median
Market cap 30.13m 37.71m 721.34m

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