Public Markets
Comparable Analysis Tool
Search companies and sectors for public market comparables, valuation benchmarking, and AI-powered insights.
Sector Analysis
Financial Services — Alternative Asset Managers
Public market overview for the alternative asset management sector.
Sector YTD Return
+14.2%
Avg P/E Ratio
22.4x
Avg EV/EBITDA
18.7x
Avg Revenue Growth
+11.8%
| Company | Ticker | Market Cap | Revenue (LTM) | EBITDA Margin | P/E | EV/EBITDA | EV/Revenue | YTD Return |
|---|---|---|---|---|---|---|---|---|
| Blackstone Inc | BX | $198.4B | $7.2B | 54.3% | 28.1x | 24.6x | 13.4x | +18.7% |
| KKR & Co | KKR | $124.8B | $5.8B | 48.7% | 24.3x | 20.1x | 9.8x | +22.1% |
| Apollo Global | APO | $98.2B | $4.9B | 46.1% | 19.8x | 17.2x | 7.9x | +15.3% |
| Ares Management | ARES | $52.6B | $3.7B | 42.8% | 35.2x | 22.4x | 9.6x | +12.4% |
| Carlyle Group | CG | $18.9B | $2.8B | 38.5% | 14.2x | 12.8x | 4.9x | +8.6% |
| TPG Inc | TPG | $22.4B | $2.1B | 40.2% | 26.7x | 18.9x | 7.6x | +10.9% |
| Blue Owl Capital | OWL | $32.1B | $1.9B | 55.8% | 38.4x | 25.1x | 14.0x | +16.2% |
| EQT AB | EQT | $38.7B | $2.4B | 44.6% | 32.1x | 21.3x | 9.5x | -2.1% |
Valuation
Use as Private Market Benchmark
Apply public company multiples to value private market companies. Select metrics below to generate implied valuations.
| Methodology | Multiple Applied | Private Metric | Implied Enterprise Value |
|---|---|---|---|
| EV / Revenue | 9.5x | $500M | $4,750M |
| EV / EBITDA | 18.7x | $150M | $2,805M |
| P / E | 22.4x | $80M | $1,792M |
AI Insights
Trade Ideas
AI-suggested trade ideas based on sector fundamentals, valuation, and momentum analysis.
Long
KKR & Co (KKR)
KKR's strategic expansion into Asia-Pacific infrastructure and the integration of Global Atlantic position it for above-peer AUM growth. Strong fee-related earnings momentum and increasing fundraising velocity support the bull case.
Long
Apollo Global (APO)
Apollo's pivot toward retirement services via Athene and growing direct lending platform create a differentiated earnings profile. Trading at a discount to peers on P/E basis despite higher growth trajectory in credit origination.
Short
EQT AB (EQT)
EQT faces headwinds from European fundraising slowdown and elevated realized loss ratios in recent vintage funds. Premium valuation at 32x earnings is unsustainable given decelerating AUM growth and FX headwinds from USD strength.
Long
Blue Owl Capital (OWL)
Blue Owl's 100% fee-related revenue model provides earnings visibility unmatched by peers. Expansion into GP stakes and insurance solutions offers significant cross-sell opportunity with existing LP relationships.
Trade ideas are AI-generated and do not constitute financial advice. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with qualified financial advisors before making investment decisions.