Stocks / Finance · Investment Managers

ARES

Ares Management ARES

Finance · Investment Managers

$128.15+0.53% dayFri Oct 30 close

Not in a dip by our rules: 28% below its 52-week high.

A quality company. No fair value estimate for now: the model doesn’t fit.

Not in a dip

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Fair value est.: n/a
Market Value: forming
Off 52-wk high: −28%
Risk vs market: Highbeta 1.62

3 bullish · 5 bearish See why

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Key levels

Every level vs today’s $128.15

52-wk lowlowest close, 1 year$96.50−24.7%
PriceFri Oct 30 close$128.15you are here
52-wk highhighest close, 1 year$178.28+39.1%

Fair value estimate

No estimate for ARES: Asset manager that consolidates its funds: the cash-flow statement mixes in fund investing, so a free-cash-flow DCF isn't meaningful. We’d rather show nothing than a made-up number.

Risk vs market

How risk vs market is measured

One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much ARES moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.

High

Swings much more than the market, and its own price swings are 3.4× the S&P 500’s.

Beta vs S&P 500: 1.62
Volatility: 43% vs 13% SPY
Correlation SPY: 0.48
Correlation QQQ: 0.36

Bull vs bear

Rule-based from the data on this page, strongest first. Not advice.

Top bullish points 3 of 5

GrowthSales grew 29% to $5.3B over the last 12 months vs the 12 months before (SEC filings).
GrowthSales compounded 18% a year from FY2022 to FY2025.
QualityPasses all four of our quality checks: cash generation, returns on capital, growth and balance sheet.

Top bearish points 5 of 5

ValuationP/E of 78.7× vs a 13.5× median for the 151 Finance companies we cover.
ProfitabilityReturn on equity fell 15 points in two fiscal years, to 10% in FY2025.
ValuationPrice / book of 10.6×, above the 1.8× median for the 143 Finance companies we cover.
Cash returnsDividend yield of 0.2%, below the 2.2% median for the 132 Finance companies we cover.
RiskSwings hard: beta 1.62 vs the S&P 500 and 43% yearly volatility (SPY 13%).

Who’s talking about it

Notable investors, executives, analysts and public figures on Ares Management in the last 48 hours. Headlines as published, each linked. Their words, not ours.

No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.

Compare with peers

Closest in size in Investment Managers

CompanyPrice1 yearvs fair valueP/EMkt cap

AMPAmeriprise Financial$490.83−1.4%+8%n/a10.8×$45B APOApollo Global Management$115.84−2.3%−6%n/a39.4×$70B TROWT. Rowe Price Group$103.90−2.6%+2%+21%10.4×$23B KKRKKR &$94.39−1.5%−20%n/a28.8×$86B BXBlackstone$118.51−1.7%−20%+79%26.9×$90B BENFranklin Templeton$31.64−2.2%+39%−78%21.5×$16B

All fundamentals

P/E 78.7 · ROE 13% · Sales +29%

Valuation

P/E: 78.7×Finance median 13.5×
Price / FCF: n/anot reported in its SEC filings
FCF yield: n/anot reported in its SEC filings
EV / EBITDA: n/aD&A or debt not tagged in SEC data
Price / sales: 7.94×
Price / book: 10.61×
Market cap: $42.1Blisted
Enterprise value: n/anot reported in its SEC filings

Growth

Revenue, 12 months: $5.3B
Sales growth, 12 months: +28.5%vs the 12 months before
Sales growth, 3 yrs: +18.2%/yrfrom FY2022
Diluted EPS, 12 months: n/anot reported in its SEC filings
EPS growth, last FY: n/afewer than two years of diluted EPS
Net income, 12 months: $535M
Net income growth: +32%12 months vs before

Profitability

Gross margin: n/agross profit isn't reported (common for service and financial companies)
Operating margin: n/anot reported in its SEC filings
Net margin: 10.1%
FCF margin: n/anot reported in its SEC filings
Return on equity: 13%
Return on invested capital: n/aoperating income, debt, equity or cash not tagged

Balance sheet

Cash & short-term inv.: $557M
Total debt: n/anot reported in its SEC filings
Net cash: n/acash or debt not tagged in SEC data
Debt / equity: n/adebt or equity not tagged in SEC data
Interest coverage: n/ainterest expense not tagged in SEC data

Cash flow & returns

Free cash flow, 12 months: n/anot reported in its SEC filings
FCF growth, 12 months: n/anot reported in its SEC filings
Dividend yield: 0.22%$93M paid
Payout ratio: 17%
Buybacks, 12 months: n/anot reported in its SEC filings
Share count, 1 year: n/ano quarterly diluted share count
Stock-based comp: $704M

Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From Ares Management’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.

Valuation details

How

Market ValueForming: thesis-changing filing on Oct 29, needs five trading days

forming

Fair value estimaten/a — Asset manager that consolidates its funds: the cash-flow statement mixes in fund investing, so a free-cash-flow DCF isn't meaningful

n/a

FCF valueNot meaningful for banks and insurers

n/a

Setup & signals

No setup armed

All setups

No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only arm once a company is in a dip.

Momentum & 52-week range

RSI 64 · 5 days +5.0%

$128.15now

52-wk low $96.50high $178.28

Off 52-wk high−28.1%

5 days+5.0%

vs 50-day avg+1.8%

vs 200-day avg+2.7%

RSI (14)64

Market cap$42B

The business

FCF $0.8B · Sales +6%

Free cash flow, 12 months$0.8B
Free-cash-flow yield2.0%
Return on equity15%
Sales growth (latest quarter vs year-ago quarter)+6%

Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.

Get a text when ARES fires a reversal signal

One text when a published rule fires on ARES or any of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.