AMP (AMP) AI Stock Analysis

• Market Cap: $3.87B
• Dividend Yield: 1.31%
• Average Volume (3M): 6.21M
• Price to Earnings (P/E): 21.6
• Beta (1Y): 1.27
• Revenue Growth: 19.36%
• EPS Growth: 1261.54%
• Country: AU
• Employees: 2,366
• Sector: Financial
• Sector Strength: 73
• Industry: Asset Management
• EPS (TTM): 0.04
• Shares Outstanding: 2,531,739,700
• 10 Day Avg. Volume: 8,308,493
• 30 Day Avg. Volume: 6,206,126
• PEG Ratio: 0.12
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 22.90
• 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: $1.49
• Price Target Upside: -0.47% Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 53 Neutral
• Price Target: AU$1.50 ▲(0.00%Upside)

AMP Limited's overall stock score is primarily influenced by its financial challenges, including high leverage and operational inefficiencies. While technical analysis shows bullish momentum, overbought indicators suggest caution. The valuation indicates fair pricing, contributing to a moderate overall score.

Positive Factors

Capital Management

Capital management opportunities outside of dividends provide potential for additional value.

Platform Trends

Stable positive net flows in Platforms with improving trends.

Negative Factors

Bank Performance

The bank appears to be structurally challenged, despite potential to perform better with lower interest rates.

Platform Risk

There is a risk to platform flows due to the sale of the advice business, with uncertainty in markets.

AMP Business Overview & Revenue Model

Company Description

AMP Limited is a financial services company based in Australia, primarily involved in wealth management, superannuation, and financial advice. The company offers a range of products and services including retirement savings accounts, investment solutions, and insurance products to both individual and institutional clients. AMP operates mainly in Australia and New Zealand, providing tailored financial advice and wealth management services through its network of financial advisors.

How the Company Makes Money

AMP Limited generates revenue through a variety of channels, including fees from managing superannuation and investment funds, commissions from financial advisory services, and premiums from insurance products. A significant portion of its income is derived from the management and administration fees charged on its investment products, which include mutual funds, retirement accounts, and other investment vehicles. Additionally, AMP earns from its financial advice division by providing tailored advisory services to clients, which often involves a combination of upfront and ongoing fees. Insurance premiums collected from clients for life insurance and income protection policies also contribute to its revenue. AMP's earnings are further bolstered by its strategic partnerships and joint ventures in the financial services sector, which help expand its client base and product offerings.

AMP Financial Statement Overview

Summary

AMP Limited's financial performance reflects recovery signs with improved net income and free cash flow. However, the company faces significant challenges due to high leverage, operational inefficiencies, negative revenue growth, and weak cash flow stability. The overall outlook is cautious.

Income Statement

AMP Limited's income statement shows fluctuating revenue with a significant decline in recent years. The net profit margin improved from a negative value to a positive 17.52% in 2024, indicating some recovery. However, the EBIT margin dropped to zero, which suggests operational inefficiencies. The gross profit margin remained strong at 100% in 2024, but the revenue growth rate has been negative, reflecting challenges in top-line growth.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio of 7.86 in 2024, pointing to substantial leverage. The equity ratio remains low at 11.01%, suggesting limited financial cushioning. Although there was a slight increase in stockholders' equity, the high leverage poses a financial risk. Return on equity improved to 4.11% in 2024, reflecting better profitability compared to previous years, but overall stability is a concern.

Cash Flow

AMP's cash flow position shows some improvement with positive free cash flow in 2024. However, the operating cash flow remains volatile, previously showing negative values. The free cash flow growth rate is notable from negative to positive, indicating better cash management. Despite this improvement, the overall cash flow stability is weak due to past negative trends.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	856.00M	2.98B	1.55B	1.65B	2.50B
Gross Profit	856.00M	2.16B	1.43B	2.25B	2.41B
EBITDA	1.92B	1.19B	625.00M	285.00M	590.00M
Net Income	150.00M	265.00M	-16.00M	-252.00M	177.00M
Balance Sheet
Total Assets	33.16B	33.88B	34.95B	32.20B	32.15B
Cash, Cash Equivalents and Short-Term Investments	7.18B	1.44B	1.82B	2.92B	2.43B
Total Debt	28.71B	28.92B	29.53B	26.25B	25.13B
Total Liabilities	29.51B	30.00B	30.77B	28.22B	27.88B
Stockholders Equity	3.65B	3.87B	4.17B	3.98B	4.27B
Cash Flow
Free Cash Flow	169.00M	-137.00M	933.00M	1.63B	-2.83B
Operating Cash Flow	216.00M	-105.00M	963.00M	1.68B	-2.74B
Investing Cash Flow	-478.00M	1.25B	-1.32B	-565.00M	3.21B
Financing Cash Flow	201.00M	-1.74B	-511.00M	-722.00M	-1.99B

AMP Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AMP, the sentiment is Positive. The current price of 1.5 is above the 20-day moving average (MA) of 1.35, above the 50-day MA of 1.31, and above the 200-day MA of 1.41, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 77.35 is Negative, neither overbought nor oversold. The STOCH value of 90.10 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AMP.

AMP Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MFG	74 Outperform	€1.67B	7.72	23.27%	5.39%	-9.29%	12.94%
CNI	70 Outperform	AU$1.46B	19.97	4.97%	5.92%	13.48%	-8.15%
Sector *	67 Neutral	$16.64B	11.61	9.79%	3.78%	11.89%	-8.13%
PNI	67 Neutral	AU$4.50B	30.78	20.18%	3.03%	36.76%	70.74%
IFL	65 Neutral	$2.65B	―	-7.21%	2.35%	-8.26%	-259.91%
PPT	60 Neutral	€2.40B	―	-24.47%	5.81%	5.36%	-846.00%
AMP	53 Neutral	$3.87B	21.58	4.84%	1.31%	19.36%	1261.54%

AMP Corporate Events

AMP Limited Increases Stake in Fineos Corporation

AMP Limited has announced a change in its substantial holding in Fineos Corporation Limited, increasing its relevant interest from 5.09% to 6.33%. This change reflects AMP’s strategic adjustments in its investment portfolio, potentially impacting its influence in Fineos Corporation and signaling a shift in its market positioning.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Announces Cessation of Securities

AMP Limited has announced the cessation of 212,311 securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This development may impact the company’s issued capital and reflects the company’s ongoing adjustments in its securities management.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Announces Change in Shareholding Structure

AMP Limited has announced a change in its shareholding structure under an exemption from the Corporations Act. The company’s current interest in its own shares has decreased, with a reduction in the total number of shares it controls. This adjustment in shareholding may impact AMP’s market positioning and influence its strategic decisions moving forward.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Issues Unquoted Equity Securities for Employee Incentive

AMP Limited has announced the issuance of 5,534,001 unquoted equity securities, specifically rights under the ASX code AMPAB, as part of an employee incentive scheme. This move is likely aimed at enhancing employee engagement and retention, potentially impacting the company’s operational efficiency and market positioning positively.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Announces Substantial Holding in Judo Capital

AMP Limited has disclosed a substantial holding in Judo Capital Holdings Ltd, indicating a significant investment move. This announcement highlights AMP’s strategic interest in expanding its influence and investment portfolio within the financial sector, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Announces New Dividend Distribution for September 2025

AMP Limited has announced a new dividend distribution for its security, AMPPB – CAP NOTE 3-BBSW+4.50% PERP NON-CUM RED T-12-25. The distribution amount is AUD 1.9069 and will be paid on September 16, 2025, with a record date of September 8, 2025, and an ex-date of September 5, 2025. This announcement reflects AMP’s ongoing commitment to providing returns to its investors, which may enhance its attractiveness in the financial market.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Issues Unquoted Equity Securities for Employee Incentive

AMP Limited has announced the issuance of 2,904,842 unquoted equity securities under an employee incentive scheme, which are not intended to be quoted on the ASX. This move is part of AMP’s strategy to incentivize and retain talent within the company, potentially impacting its operational dynamics and stakeholder interests by aligning employee interests with company performance.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Limited Addresses Administrative Oversight in Director’s Interest Notice

AMP Limited announced a change in the director’s interest notice for Alexis George, involving the grant of performance rights as part of her long-term incentive for 2025. The grant was approved by shareholders during the AGM in April 2025, but due to an administrative oversight, the required notice was not lodged on time. AMP has implemented measures to prevent such oversights in the future.

The most recent analyst rating on (AU:AMP) stock is a Buy with a A$1.48 price target. To see the full list of analyst forecasts on AMP stock, see the AU:AMP Stock Forecast page.

AMP Director Increases Shareholding in Strategic Move

AMP Limited announced a change in the interest of its director, Kathleen Anne Bailey-Lord, who acquired 23,390 ordinary shares, increasing her total holding to 98,701 shares. This transaction, conducted as an on-market trade, reflects a strategic move within the company’s governance structure, potentially impacting shareholder confidence and market perception of AMP’s leadership stability.

Pinnacle Investment Acquires Significant Stake in AMP Limited

Pinnacle Investment Management Group Limited has become a substantial holder in AMP Limited, acquiring a 5.10% voting power through 129,070,526 ordinary fully paid shares. This acquisition marks a significant stake in AMP Limited, potentially influencing the company’s strategic decisions and impacting stakeholders by altering the dynamics of shareholder voting power.