Loading...

We've got a brand new version of Simply Wall St! Try it out

AMP

DB:AMP
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AMP
DB
A$6B
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

AMP Limited operates as a wealth management company in Australia and internationally. The last earnings update was 67 days ago. More info.


Add to Portfolio Compare Print
  • AMP has significant price volatility in the past 3 months.
AMP Share Price and Events
7 Day Returns
-5.8%
DB:AMP
5%
DE Diversified Financial
2.8%
DE Market
1 Year Returns
-47%
DB:AMP
1.4%
DE Diversified Financial
3%
DE Market
AMP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AMP (AMP) -5.8% -13.5% -12.6% -47% -73.2% -72.1%
DE Diversified Financial 5% 7.8% -5% 1.4% 75.8% 333.7%
DE Market 2.8% 0.2% 1.3% 3% 8% 23.6%
1 Year Return vs Industry and Market
  • AMP underperformed the Diversified Financial industry which returned 1.4% over the past year.
  • AMP underperformed the Market in Germany which returned 3% over the past year.
Price Volatility
AMP
Industry
5yr Volatility vs Market

Value

 Is AMP undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for AMP. This is due to cash flow or dividend data being unavailable. The share price is €0.97.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for AMP's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AMP's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:AMP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.81
ASX:AMP Share Price ** ASX (2019-10-11) in AUD A$1.61
Germany Diversified Financial Industry PE Ratio Median Figure of 6 Publicly-Listed Diversified Financial Companies 27.82x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of AMP.

DB:AMP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:AMP Share Price ÷ EPS (both in AUD)

= 1.61 ÷ -0.81

-1.98x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AMP is loss making, we can't compare its value to the DE Diversified Financial industry average.
  • AMP is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does AMP's expected growth come at a high price?
Raw Data
DB:AMP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.98x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
114%per year
Europe Diversified Financial Industry PEG Ratio Median Figure of 13 Publicly-Listed Diversified Financial Companies 1.81x
Germany Market PEG Ratio Median Figure of 265 Publicly-Listed Companies 1.39x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for AMP, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on AMP's assets?
Raw Data
DB:AMP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$1.46
ASX:AMP Share Price * ASX (2019-10-11) in AUD A$1.61
Germany Diversified Financial Industry PB Ratio Median Figure of 9 Publicly-Listed Diversified Financial Companies 3.77x
Germany Market PB Ratio Median Figure of 598 Publicly-Listed Companies 1.74x
DB:AMP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:AMP Share Price ÷ Book Value per Share (both in AUD)

= 1.61 ÷ 1.46

1.1x

* Primary Listing of AMP.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • AMP is good value based on assets compared to the DE Diversified Financial industry average.
X
Value checks
We assess AMP's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Diversified Financial industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Diversified Financial industry average (and greater than 0)? (1 check)
  5. AMP has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is AMP expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
114%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AMP expected to grow at an attractive rate?
  • AMP's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • AMP's earnings growth is expected to exceed the Germany market average.
  • AMP's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:AMP Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:AMP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 114%
DB:AMP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts -60.9%
Germany Diversified Financial Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Europe Diversified Financial Industry Revenue Growth Rate Market Cap Weighted Average 0.6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:AMP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:AMP Future Estimates Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 448 542 320 3
2020-12-31 428 -2,158 132 3
2019-12-31 474 3,150 -2,254 3
2019-10-13
DB:AMP Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 16,992 -6,208 -2,379
2019-03-31 12,639 -5,095 -1,176
2018-12-31 8,286 -3,981 28
2018-09-30 13,160 -3,523 273
2018-06-30 18,018 -3,065 518
2018-03-31 18,229 -2,232 683
2017-12-31 18,439 -1,398 848
2017-09-30 17,376 -717 213
2017-06-30 16,313 -36 -422
2017-03-31 15,556 70 -383
2016-12-31 14,799 175 -344
2016-09-30 13,160 265 322

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AMP's earnings are expected to grow significantly at over 20% yearly.
  • AMP's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:AMP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from AMP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AMP Future Estimates Data
Date (Data in AUD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.06 0.17 -0.02 5.00
2020-12-31 0.04 0.14 -0.06 7.00
2019-12-31 -0.72 -0.58 -0.81 7.00
2019-10-13
DB:AMP Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.81
2019-03-31 -0.40
2018-12-31 0.01
2018-09-30 0.09
2018-06-30 0.18
2018-03-31 0.24
2017-12-31 0.29
2017-09-30 0.07
2017-06-30 -0.14
2017-03-31 -0.13
2016-12-31 -0.12
2016-09-30 0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • AMP is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess AMP's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
AMP has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has AMP performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare AMP's growth in the last year to its industry (Diversified Financial).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • AMP does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare AMP's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare AMP's 1-year growth to the Europe Diversified Financial industry average as it is not currently profitable.
Earnings and Revenue History
AMP's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from AMP Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:AMP Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 16,992.00 -2,379.00 2,871.00
2019-03-31 12,639.00 -1,175.50 2,854.00
2018-12-31 8,286.00 28.00 2,837.00
2018-09-30 13,160.00 273.00 2,814.50
2018-06-30 18,018.00 518.00 2,792.00
2018-03-31 18,228.50 683.00 2,783.50
2017-12-31 18,439.00 848.00 2,775.00
2017-09-30 17,376.00 213.00 2,757.50
2017-06-30 16,313.00 -422.00 2,740.00
2017-03-31 15,556.00 -383.00 2,729.00
2016-12-31 14,799.00 -344.00 2,718.00
2016-09-30 13,160.00 322.00 2,348.00
2016-06-30 11,521.00 988.00 1,978.00
2016-03-31 12,785.00 980.00 2,279.50
2015-12-31 14,049.00 972.00 2,581.00
2015-09-30 16,514.00 990.50 3,234.00
2015-06-30 18,979.00 1,009.00 3,887.00
2015-03-31 18,289.50 946.50 3,854.00
2014-12-31 17,600.00 884.00 3,821.00
2014-09-30 17,938.50 772.50 3,808.50
2014-06-30 18,277.00 661.00 3,796.00
2014-03-31 19,195.00 666.50 3,823.50
2013-12-31 20,113.00 672.00 3,851.00
2013-09-30 19,661.00 690.50 3,927.00
2013-06-30 19,209.00 709.00 4,003.00
2013-03-31 18,319.00 699.00 4,074.50
2012-12-31 17,429.00 689.00 4,146.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if AMP has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if AMP has efficiently used its assets last year compared to the DE Diversified Financial industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if AMP improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess AMP's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Diversified Financial industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
AMP has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is AMP's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up AMP's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AMP is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AMP's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of AMP's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 5.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from AMP Company Filings, last reported 3 months ago.

DB:AMP Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 4,395.00 22,041.00 117,373.00
2019-03-31 4,395.00 22,041.00 117,373.00
2018-12-31 6,791.00 21,650.00 114,656.00
2018-09-30 6,791.00 21,650.00 114,656.00
2018-06-30 7,053.00 21,952.00 118,323.00
2018-03-31 7,053.00 21,952.00 118,323.00
2017-12-31 7,283.00 21,009.00 117,068.00
2017-09-30 7,283.00 21,009.00 117,068.00
2017-06-30 7,288.00 19,402.00 113,124.00
2017-03-31 7,288.00 19,402.00 113,124.00
2016-12-31 7,541.00 17,218.00 112,872.00
2016-09-30 7,541.00 17,218.00 112,872.00
2016-06-30 9,218.00 18,049.00 110,742.00
2016-03-31 9,218.00 18,049.00 110,742.00
2015-12-31 8,895.00 17,452.00 112,300.00
2015-09-30 8,895.00 17,452.00 112,300.00
2015-06-30 8,839.00 16,786.00 112,508.00
2015-03-31 8,839.00 16,786.00 112,508.00
2014-12-31 8,385.00 16,502.00 107,447.00
2014-09-30 8,385.00 16,502.00 107,447.00
2014-06-30 8,170.00 16,213.00 104,637.00
2014-03-31 8,170.00 16,213.00 104,637.00
2013-12-31 8,200.00 16,243.00 99,790.00
2013-09-30 8,200.00 16,243.00 99,790.00
2013-06-30 7,979.00 14,302.00 5,111.00
2013-03-31 7,979.00 14,302.00 5,111.00
2012-12-31 7,643.00 13,473.00 89,022.00
  • AMP's level of debt (501.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (198.4% vs 501.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • AMP is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess AMP's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. AMP has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is AMP's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from AMP dividends. Estimated to be 2.81% next year.
If you bought €2,000 of AMP shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate AMP's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate AMP's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:AMP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Europe Diversified Financial Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:AMP Future Dividends Estimate Data
Date (Data in A$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.06 9.00
2020-12-31 0.06 11.00
2019-12-31 0.02 10.00
2019-10-13
DB:AMP Past Annualized Dividends Data
Date (Data in A$) Dividend per share (annual) Avg. Yield (%)
2019-07-15 0.000 0.000
2019-03-19 0.080 3.676
2019-02-13 0.080 3.459
2018-08-08 0.245 8.947
2018-02-07 0.290 6.954
2017-08-09 0.290 5.710
2017-03-20 0.280 5.386
2017-02-09 0.280 5.558
2016-08-17 0.280 5.527
2016-02-17 0.280 5.014
2015-08-19 0.280 4.971
2015-03-26 0.270 4.221
2015-02-18 0.270 4.089
2014-08-21 0.240 4.271
2014-03-27 0.230 4.362
2014-02-19 0.230 4.685
2013-11-05 0.230 5.183
2013-08-15 0.230 4.901
2013-03-27 0.250 5.100
2013-02-20 0.250 4.742
2012-08-16 0.250 5.316
2012-03-29 0.280 7.006
2012-02-29 0.280 6.734
2011-08-18 0.300 7.173
2011-02-28 0.300 6.015
2010-08-19 0.310 5.917
2010-02-18 0.300 5.210
2009-08-20 0.300 4.753
2009-02-19 0.320 6.439

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as AMP has not reported any payouts.
  • Unable to verify if AMP's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of AMP's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as AMP has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess AMP's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can AMP afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AMP has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of AMP's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Francesco De Ferrari
COMPENSATION A$2,992,000
TENURE AS CEO 0.8 years
CEO Bio

Mr. Francesco de Ferrari,MBA, BS (Econ) (IntBus), has been Chief Executive Officer at AMP Ltd. since December 1, 2018 and has been its Director January 31, 2019. He has been a Director at AMP Bank Ltd. since February 2019 and also it's Chief Executive Officer. He was the Chief Executive Officer of Southeast Asia and Head of Private Banking - Asia Pacific at Credit Suisse (Singapore) Limited until August 22, 2018. Mr. de Ferrari was Head of Private Banking for Asia Pacific at Credit Suisse Group AG since January 2012 untilA August 22, 2018. He served as Market-Area Head for Singapore, Malaysia and Indonesia at Credit Suisse Principal Investments Limited (Tokyo Branch) from August 2011 to January 2012. He developed Credit Suisse's wealth management business in Singapore, Malaysia and Indonesia, driving client interconnectivity and advancing market share. He enhanced Credit Suisse's ability to capitalize on the synergies and business opportunities across these three key markets leveraging its integrated banking franchise, for the benefit of its clients. Mr. de Ferrari served as the Head of Private Banking, Italy at Credit Suisse Group. Mr. de Ferrari served as the Chief Executive Officer and Managing Director of Credit Suisse (Italy) S.p.A., a subsidiary of Credit Suisse. He joined Credit Suisse in 2002 and has held several roles in the Private Banking Division, including Chief Operating Officer for Private Banking Europe, Middle East and Africa (EMEA) region in Zurich and Country Chief Operating Officer for Italy. He started his professional career in 1990 and worked in a number of blue chip companies such as Deloitte & Touche, Nestle and McKinsey. Prior to Credit Suisse, Mr. de Ferrari founded and led two different entrepreneurial ventures in the retail distribution and internet fields. He Holds Bachelor of Science in Economics and International Business and also holds MBA.

CEO Compensation
  • Insufficient data for Francesco to compare compensation growth.
  • Francesco's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the AMP management team in years:

2.8
Average Tenure
  • The tenure for the AMP management team is about average.
Management Team

Francesco De Ferrari

TITLE
CEO & Executive Director
COMPENSATION
A$3M
TENURE
0.8 yrs

Craig Ryman

TITLE
Chief Operating Officer
COMPENSATION
A$1M
TENURE
2.8 yrs

David Cullen

TITLE
Group General Counsel
COMPENSATION
A$603K
TENURE
1.5 yrs

Helen Livesey

TITLE
Group Executive of Public Affairs & Chief of Staff
COMPENSATION
A$1M
TENURE
2.8 yrs

Fiona Wardlaw

TITLE
Group Executive of People & Culture
COMPENSATION
A$1M
TENURE
5.8 yrs

Paul Sainsbury

TITLE
Group Executive of Wealth Solutions & Chief Customer Officer
COMPENSATION
A$2M
TENURE
7.3 yrs

Megan Beer

TITLE
Chief Executive of AMP Life & Head of Resolution’s Australasian - Region
COMPENSATION
A$2M

Jenny Fagg

TITLE
Chief Risk Officer
COMPENSATION
A$1M
AGE
54
TENURE
1.7 yrs

Adam Tindall

TITLE
Chief Executive Officer of AMP Capital
COMPENSATION
A$3M
TENURE
4 yrs

Howard Marks

TITLE
Director of Investor Relations
Board of Directors Tenure

Average tenure and age of the AMP board of directors in years:

1.3
Average Tenure
63
Average Age
  • The average tenure for the AMP board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Murray

TITLE
Independent Chairman
COMPENSATION
A$449K
AGE
69
TENURE
1.3 yrs

Francesco De Ferrari

TITLE
CEO & Executive Director
COMPENSATION
A$3M
TENURE
0.8 yrs

Andrew Harmos

TITLE
Independent Director
COMPENSATION
A$301K
AGE
59
TENURE
2.3 yrs

Andrea Slattery

TITLE
Independent Director
TENURE
0.7 yrs

Trevor Matthews

TITLE
Independent Director
AGE
67
TENURE
5.6 yrs

Mike Wilkins

TITLE
Independent Director
COMPENSATION
A$2M
AGE
62
TENURE
3.1 yrs

Peter Noozhumurry Varghese

TITLE
Independent Director
COMPENSATION
A$312K
AGE
63
TENURE
3 yrs

John O’Sullivan

TITLE
Independent Director
COMPENSATION
A$112K
TENURE
1.3 yrs

John Fraser

TITLE
Independent Director
COMPENSATION
A$56K
TENURE
1.1 yrs

Debra Hazelton

TITLE
Independent Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by AMP individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Oct 19 Sell BlackRock, Inc. Company 07. Oct 19 09. Oct 19 -5,214,024 €1.05 €-136,900
10. Oct 19 Buy BlackRock, Inc. Company 02. Oct 19 09. Oct 19 1,979,012 €1.09 €367,922
02. Oct 19 Buy BlackRock, Inc. Company 15. Aug 19 01. Oct 19 29,996,764 €1.15 €23,866
18. Sep 19 Sell BlackRock, Inc. Company 17. Sep 19 17. Sep 19 -35,026 €1.13 €-39,751
18. Sep 19 Buy BlackRock, Inc. Company 17. Sep 19 17. Sep 19 14,423 €1.14 €16,458
26. Aug 19 Buy Debra Hazelton Individual 19. Aug 19 23. Aug 19 102,877 €1.08 €109,401
22. Aug 19 Buy Andrea Slattery Individual 20. Aug 19 20. Aug 19 22,000 €1.10 €24,200
15. Aug 19 Buy Orbis Investment Management Limited Company 29. Apr 19 09. Aug 19 97,185,441 €1.15 €100,886,082
15. Aug 19 Sell Lazard Asset Management LLC Company 11. Apr 19 13. Aug 19 -32,375,864 €1.16 €-37,437,680
04. Apr 19 Sell Lazard Asset Management LLC Company 03. Jan 19 04. Mar 19 -3,504,121 €1.62 €-5,330,817
04. Apr 19 Buy Lazard Asset Management LLC Company 05. Feb 19 02. Apr 19 40,845,615 €1.56 €58,391,914
07. Mar 19 Buy BlackRock, Inc. Company 25. Feb 19 06. Mar 19 1,104,084 €1.49 €280,299
08. Mar 19 Buy John Fraser Individual 01. Mar 19 05. Mar 19 10,000 €1.52 €15,018
21. Feb 19 Sell BlackRock, Inc. Company 24. Jan 19 20. Feb 19 -1,735,275 €1.59 €-141,281
21. Feb 19 Buy BlackRock, Inc. Company 24. Jan 19 20. Feb 19 1,626,611 €1.60 €132,425
25. Feb 19 Sell BlackRock, Inc. Company 22. Feb 19 22. Feb 19 -26,256 €1.48 €-38,840
25. Feb 19 Buy BlackRock, Inc. Company 22. Feb 19 22. Feb 19 12,756 €1.48 €18,870
24. Feb 19 Buy BlackRock, Inc. Company 21. Feb 19 21. Feb 19 15,042 €1.47 €21,823
26. Feb 19 Buy Peter Noozhumurry Varghese Individual 21. Feb 19 21. Feb 19 43,200 €1.45 €62,555
26. Feb 19 Buy Michael Wilkins Individual 19. Feb 19 19. Feb 19 67,650 €1.40 €94,887
26. Feb 19 Buy Andrew Harmos Individual 21. Feb 19 21. Feb 19 20,000 €1.45 €29,098
24. Jan 19 Buy BlackRock, Inc. Company 21. Jan 19 23. Jan 19 688,689 €1.65 €1,119,529
21. Jan 19 Sell BlackRock, Inc. Company 03. Jan 19 17. Jan 19 -241,214 €1.65 €-75,792
21. Jan 19 Buy BlackRock, Inc. Company 03. Jan 19 18. Jan 19 1,829,421 €1.68 €54,184
03. Jan 19 Buy BlackRock, Inc. Company 28. Dec 18 02. Jan 19 131,722 €1.52 €65,287
30. Dec 18 Sell BlackRock, Inc. Company 27. Dec 18 27. Dec 18 -234,022 €1.50 €-350,300
30. Dec 18 Buy BlackRock, Inc. Company 27. Dec 18 27. Dec 18 54,296 €1.50 €81,274
19. Dec 18 Buy Lazard Asset Management LLC Company 20. Aug 18 17. Dec 18 43,680,717 €1.75 €76,469,540
06. Nov 18 Sell BlackRock, Inc. Company 05. Nov 18 05. Nov 18 -91,622 €1.73 €-158,541
05. Nov 18 Buy BlackRock, Inc. Company 02. Oct 18 02. Nov 18 1,863,385 €2.09 €3,881,869
X
Management checks
We assess AMP's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. AMP has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

AMP Limited operates as a wealth management company in Australia and internationally. The company operates through Australian Wealth Management, AMP Capital, AMP Bank, and New Zealand Wealth Management segments. It offers financial advice services; platform and software administration services; and unit linked personal and employer sponsored plans with insurance, retirement income, and managed investment products. The company also manages investments across various asset classes, including equities, fixed interest, real estate, infrastructure, and multi-manager and multi-asset funds; and provides commercial, industrial, and retail real estate management services. In addition, it offers residential mortgages, deposits, transaction banking, and self-managed superannuation fund products; and finance loans. Further, the company provides wealth management solutions comprising KiwiSaver schemes, corporate superannuation, and retail investments, as well as operates a wrap investment management platform. AMP Limited was founded in 1849 and is based in Sydney, Australia.

Details
Name: AMP Limited
AMP
Exchange: DB
Founded: 1849
A$3,390,719,156
3,417,830,016
Website: http://www.amp.com.au
Address: AMP Limited
33 Alfred Street,
Sydney,
New South Wales, 2000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX AMP Ordinary Shares Australian Securities Exchange AU AUD 15. Jun 1998
OTCPK AMLT.F Ordinary Shares Pink Sheets LLC US USD 15. Jun 1998
DB AMP Ordinary Shares Deutsche Boerse AG DE EUR 15. Jun 1998
NZSE AMP Ordinary Shares New Zealand Stock Exchange NZ NZD 15. Jun 1998
CHIA AMP Ordinary Shares Chi-X Australia AU AUD 15. Jun 1998
OTCPK AMLY.Y SPONSORED ADR Pink Sheets LLC US USD 26. Feb 2013
Number of employees
Current staff
Staff numbers
6,100
AMP employees.
Industry
Other Diversified Financial Services
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 21:27
End of day share price update: 2019/10/11 00:00
Last estimates confirmation: 2019/10/08
Last earnings filing: 2019/08/07
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.