Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
VCTRthis companyVictory Capital Holdings, Inc.	$126.22	15.28×	1.7×	3.16×	8.72×	18.4%	71.1%	42.5%	25.3%	13.6%	10.8%	5.7%	0.4×	1.42×	8.47×	0.97×	3.0%	7	3.62	3	B+
ABAllianceBernstein Holding L.P.	$34.08	12.96×	3.14×	11.69×	11.69×	17.7%	100.0%	100.0%	90.1%	24.2%	24.2%	9.1%	0×	0×	0×	0×	9.1%	6	3,382.77	3	B+
AMGAffiliated Managers Group, Inc.	$378.97	11.45×	2.54×	3.36×	6.91×	-7.3%	86.0%	31.8%	29.3%	22.1%	7.0%	12.2%	0.83×	1.41×	5.69×	1.34×	0.0%	7	3.28	3	B+
APAMArtisan Partners Asset Management Inc.	$39.50	10.06×	6.09×	2.23×	5.58×	13.6%	45.7%	33.4%	24.3%	66.2%	25.8%	6.4%	0.71×	0.11×	46.73×	1.17×	9.6%	7	3.8	4	A
FHIFederated Hermes, Inc.	$65.08	9.7×	3.27×	2.17×	7.06×	77.9%	67.9%	28.5%	22.4%	33.7%	17.0%	7.5%	0.38×	-0.24×	40.36×	41.26×	2.7%	7	5.53	4	A-
LAZLazard Inc	$39.79	19.98×	5.42×	1.49×	12.92×	-3.7%	31.8%	13.0%	7.4%	27.1%	8.8%	10.7%	2.95×	2.39×	4.74×	29.35×	3.9%	7	2.46	3	B+
Peer median	—	11.45×	3.27×	2.23×	7.06×	13.6%	67.9%	31.8%	24.3%	27.1%	17.0%	9.1%	0.71×	0.11×	5.69×	1.34×	3.9%	7	3.8	3	—