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BCG vs APAM
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
BCG vs APAM — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $35M | $2.65B |
| Revenue (TTM) | $164M | $1.20B |
| Net Income (TTM) | $1M | $290M |
| Gross Margin | 7.2% | 45.7% |
| Operating Margin | 0.9% | 33.4% |
| Forward P/E | — | 9.8x |
| Total Debt | $29M | $410M |
| Cash & Equiv. | $7M | $256M |
BCG vs APAM — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Binah Capital Group… (BCG) | 100 | 16.9 | -83.1% |
| Artisan Partners As… (APAM) | 100 | 83.1 | -16.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BCG vs APAM
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BCG is the clearest fit if your priority is bank quality.
- NIM 0.7% vs APAM's 0.2%
- Efficiency ratio 0.1% vs APAM's 0.1% (lower = leaner)
- Efficiency ratio 0.1% vs APAM's 0.1%
APAM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.17, yield 10.4%
- Rev growth 7.6%, EPS growth 10.7%
- 126.0% 10Y total return vs BCG's -78.1%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 7.6% NII/revenue growth vs BCG's 2.8% | |
| Value | Better valuation composite | |
| Quality / Margins | Efficiency ratio 0.1% vs APAM's 0.1% (lower = leaner) | |
| Stability / Safety | Beta 1.17 vs BCG's 1.25, lower leverage | |
| Dividends | 10.4% yield, 2-year raise streak, vs BCG's 0.2% | |
| Momentum (1Y) | +4.0% vs BCG's -2.8% | |
| Efficiency (ROA) | Efficiency ratio 0.1% vs APAM's 0.1% |
BCG vs APAM — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BCG vs APAM — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
APAM leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
APAM is the larger business by revenue, generating $1.2B annually — 7.3x BCG's $164M. APAM is the more profitable business, keeping 24.3% of every revenue dollar as net income compared to BCG's -3.2%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $164M | $1.2B |
| EBITDAEarnings before interest/tax | $6M | $424M |
| Net IncomeAfter-tax profit | $1M | $290M |
| Free Cash FlowCash after capex | $4M | $172M |
| Gross MarginGross profit ÷ Revenue | +7.2% | +45.7% |
| Operating MarginEBIT ÷ Revenue | +0.9% | +33.4% |
| Net MarginNet income ÷ Revenue | -3.2% | +24.3% |
| FCF MarginFCF ÷ Revenue | -0.4% | +14.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +2.2% | +35.6% |
Valuation Metrics
Evenly matched — BCG and APAM each lead in 2 of 4 comparable metrics.
Valuation Metrics
On an enterprise value basis, APAM's 6.9x EV/EBITDA is more attractive than BCG's 22.3x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $35M | $2.7B |
| Enterprise ValueMkt cap + debt − cash | $56M | $2.8B |
| Trailing P/EPrice ÷ TTM EPS | -6.50x | 9.29x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 9.83x |
| PEG RatioP/E ÷ EPS growth rate | — | 2.61x |
| EV / EBITDAEnterprise value multiple | 22.33x | 6.87x |
| Price / SalesMarket cap ÷ Revenue | 0.21x | 2.22x |
| Price / BookPrice ÷ Book value/share | 28.04x | 3.15x |
| Price / FCFMarket cap ÷ FCF | — | 15.48x |
Profitability & Efficiency
APAM leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
APAM delivers a 44.9% return on equity — every $100 of shareholder capital generates $45 in annual profit, vs $6 for BCG. APAM carries lower financial leverage with a 0.52x debt-to-equity ratio, signaling a more conservative balance sheet compared to BCG's 23.41x. On the Piotroski fundamental quality scale (0–9), APAM scores 5/9 vs BCG's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.8% | +44.9% |
| ROA (TTM)Return on assets | +1.5% | +19.4% |
| ROICReturn on invested capital | +2.9% | +26.7% |
| ROCEReturn on capital employed | +3.2% | +29.9% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 23.41x | 0.52x |
| Net DebtTotal debt minus cash | $21M | $155M |
| Cash & Equiv.Liquid assets | $7M | $256M |
| Total DebtShort + long-term debt | $29M | $410M |
| Interest CoverageEBIT ÷ Interest expense | 2.12x | 58.20x |
Total Returns (Dividends Reinvested)
APAM leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in APAM five years ago would be worth $9,784 today (with dividends reinvested), compared to $2,189 for BCG. Over the past 12 months, APAM leads with a +4.0% total return vs BCG's -2.8%. The 3-year compound annual growth rate (CAGR) favors APAM at 13.6% vs BCG's -39.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -24.1% | -5.4% |
| 1-Year ReturnPast 12 months | -2.8% | +4.0% |
| 3-Year ReturnCumulative with dividends | -78.1% | +46.4% |
| 5-Year ReturnCumulative with dividends | -78.1% | -2.2% |
| 10-Year ReturnCumulative with dividends | -78.1% | +126.0% |
| CAGR (3Y)Annualised 3-year return | -39.7% | +13.6% |
Risk & Volatility
APAM leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
APAM is the less volatile stock with a 1.17 beta — it tends to amplify market swings less than BCG's 1.25 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. APAM currently trades 77.5% from its 52-week high vs BCG's 60.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.29x | 1.15x |
| 52-Week HighHighest price in past year | $3.44 | $48.50 |
| 52-Week LowLowest price in past year | $1.36 | $34.99 |
| % of 52W HighCurrent price vs 52-week peak | +60.5% | +77.5% |
| RSI (14)Momentum oscillator 0–100 | 54.8 | 52.9 |
| Avg Volume (50D)Average daily shares traded | 707K | 754K |
Analyst Outlook
APAM leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
For income investors, APAM offers the higher dividend yield at 10.42% vs BCG's 0.25%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Hold |
| Price TargetConsensus 12-month target | — | $40.00 |
| # AnalystsCovering analysts | — | 15 |
| Dividend YieldAnnual dividend ÷ price | +0.2% | +10.4% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | $0.01 | $3.92 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
APAM leads in 5 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 1 category is tied.
BCG vs APAM: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is BCG or APAM a better buy right now?
For growth investors, Artisan Partners Asset Management Inc.
(APAM) is the stronger pick with 7. 6% revenue growth year-over-year, versus 2. 8% for Binah Capital Group, Inc. (BCG). Artisan Partners Asset Management Inc. (APAM) offers the better valuation at 9. 3x trailing P/E (9. 8x forward), making it the more compelling value choice. Analysts rate Artisan Partners Asset Management Inc. (APAM) a "Hold" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — BCG or APAM?
Over the past 5 years, Artisan Partners Asset Management Inc.
(APAM) delivered a total return of -2. 2%, compared to -78. 1% for Binah Capital Group, Inc. (BCG). Over 10 years, the gap is even starker: APAM returned +127. 4% versus BCG's -76. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — BCG or APAM?
By beta (market sensitivity over 5 years), Artisan Partners Asset Management Inc.
(APAM) is the lower-risk stock at 1. 15β versus Binah Capital Group, Inc. 's 1. 29β — meaning BCG is approximately 12% more volatile than APAM relative to the S&P 500. On balance sheet safety, Artisan Partners Asset Management Inc. (APAM) carries a lower debt/equity ratio of 52% versus 23% for Binah Capital Group, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — BCG or APAM?
By revenue growth (latest reported year), Artisan Partners Asset Management Inc.
(APAM) is pulling ahead at 7. 6% versus 2. 8% for Binah Capital Group, Inc. (BCG). On earnings-per-share growth, the picture is similar: Artisan Partners Asset Management Inc. grew EPS 10. 7% year-over-year, compared to -1004. 0% for Binah Capital Group, Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — BCG or APAM?
Artisan Partners Asset Management Inc.
(APAM) is the more profitable company, earning 24. 3% net margin versus -3. 2% for Binah Capital Group, Inc. — meaning it keeps 24. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: APAM leads at 33. 4% versus 0. 9% for BCG. At the gross margin level — before operating expenses — APAM leads at 45. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — BCG or APAM?
All stocks in this comparison pay dividends.
Artisan Partners Asset Management Inc. (APAM) offers the highest yield at 10. 4%, versus 0. 2% for Binah Capital Group, Inc. (BCG).
07Is BCG or APAM better for a retirement portfolio?
For long-horizon retirement investors, Artisan Partners Asset Management Inc.
(APAM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 15), 10. 4% yield, +127. 4% 10Y return). Both have compounded well over 10 years (APAM: +127. 4%, BCG: -76. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between BCG and APAM?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BCG is a small-cap quality compounder stock; APAM is a small-cap deep-value stock. APAM pays a dividend while BCG does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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