Calamos Asset Management (NASDAQ: CLMS) and Fifth Street Asset Management (OTCMKTS:FSAM) are both small-cap financials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, analyst recommendations, institutional ownership and risk.
Volatility and Risk
Calamos Asset Management has a beta of 1.13, indicating that its share price is 13% more volatile than the S&P 500. Comparatively, Fifth Street Asset Management has a beta of 0.34, indicating that its share price is 66% less volatile than the S&P 500.
This table compares Calamos Asset Management and Fifth Street Asset Management’s revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Calamos Asset Management||N/A||N/A||N/A||$0.05||165.60|
|Fifth Street Asset Management||$82.55 million||0.76||-$1.53 million||($0.63)||-1.95|
Calamos Asset Management has higher earnings, but lower revenue than Fifth Street Asset Management. Fifth Street Asset Management is trading at a lower price-to-earnings ratio than Calamos Asset Management, indicating that it is currently the more affordable of the two stocks.
This is a breakdown of current ratings for Calamos Asset Management and Fifth Street Asset Management, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Calamos Asset Management||0||0||0||0||N/A|
|Fifth Street Asset Management||0||0||0||0||N/A|
This table compares Calamos Asset Management and Fifth Street Asset Management’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Calamos Asset Management||58.85%||2.51%||13.51%|
|Fifth Street Asset Management||-20.92%||-626.41%||-2.71%|
Calamos Asset Management pays an annual dividend of $0.60 per share and has a dividend yield of 7.2%. Fifth Street Asset Management pays an annual dividend of $0.13 per share and has a dividend yield of 10.6%. Calamos Asset Management pays out 1,200.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Fifth Street Asset Management pays out -20.6% of its earnings in the form of a dividend. Fifth Street Asset Management is clearly the better dividend stock, given its higher yield and lower payout ratio.
Institutional & Insider Ownership
56.5% of Calamos Asset Management shares are held by institutional investors. Comparatively, 8.6% of Fifth Street Asset Management shares are held by institutional investors. 20.4% of Calamos Asset Management shares are held by insiders. Comparatively, 85.4% of Fifth Street Asset Management shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Calamos Asset Management beats Fifth Street Asset Management on 7 of the 11 factors compared between the two stocks.
Calamos Asset Management Company Profile
Calamos Asset Management, Inc. is a holding company. The Company is the manager of Calamos Investments LLC, which owns and manages its operating companies. The Company provides investment advisory services to individuals and institutional investors through investment products that include open-end and closed-end funds (Funds), an exchange traded fund, separate accounts, offshore funds and partnerships. The subsidiaries through which the Company provides these services include Calamos Advisors LLC (CAL), an investment advisor; Calamos Financial Services LLC (CFS), a broker-dealer; Calamos Wealth Management LLC, an investment advisor, and Calamos Investments LLP, a United Kingdom-based investment advisor, and a distributor of the offshore funds and Company products.
Fifth Street Asset Management Company Profile
Fifth Street Asset Management Inc. is an alternative asset manager. The Company provides asset management services to its investment funds (the Fifth Street Funds or the funds), which consist of Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), both publicly-traded business development companies (together, the BDCs). Its segment provides asset management services to the Fifth Street Funds. The Company conducts all of its operations through its subsidiaries, Fifth Street Management LLC (FSM), Fifth Street CLO Management LLC (CLO Management) and FSCO GP LLC (FSCO GP). The funds, managed by the Company, provide financing solutions to small and mid-sized companies across their capital structures, mainly in connection with investments by private equity sponsors. It provides credit solutions across the capital structure, including one-stop financing, unitranche debt, senior secured debt, mezzanine debt, equity co-investments and venture debt financing.
Receive News & Ratings for Calamos Asset Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calamos Asset Management and related companies with MarketBeat.com's FREE daily email newsletter.