Andersen (ANDG) Stock

Andersen (ANDG) is a Technology stock trading at $50.14 (as of 2026-08-21), with a market capitalization of $664.91M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Andersen provides independent tax, valuation, and financial advisory services for individuals, family offices, businesses, and alternative investment funds in the United States. Through a network of member and collaborating firms, it operates in more than 180 countries across 1,000+ locations, employing thousands of partners and tens of thousands of professionals.

Understand Andersen: how it makes money

Andersen provides independent tax, valuation, and financial advisory services to individuals, family offices, businesses, and alternative investment funds, and it makes money by delivering paid professional services to these client groups through its global network of firms and locations.

Service-firm economics, profit depends on delivering many client engagements with enough qualified colleagues, so growth and resilience largely track the scale of client engagements and the ability to add colleagues to support client capacity.

Business quality (Weak): The company is positioned as an independent advisory services provider with global delivery capacity, but the operating model is capacity dependent, so staffing and client engagement momentum are key for sustaining performance.

Valuation: Trades at 1264× trailing earnings · $1B market cap.

Bull case

  • Capacity and demand visibility: Operational metrics track client engagement activity, and the company also reports how many additional colleagues are added to support client capacity, which aligns to how a services model scales.
  • Independent advisory focus: The business emphasizes independent, high-quality service delivered with stewardship and transparency, which can support client trust in tax and valuation work.

Bear case

  • Capacity and staffing risk: Because performance is closely tied to servicing capacity, adding colleagues to support client capacity could be challenging, and staffing changes can affect operational execution.
  • Engagement cycle sensitivity: If client engagement counts soften, revenue and operating performance could be pressured, given the model relies on maintaining a high level of active client engagements.
Valuation — source: SEC EDGAR (first-party)
Price$50.14
Market Cap$664.91M
Price / Book21.14
Price / Sales0.79
FCF Yield15.7%
DCF Value (model)$42.52
DCF Upside vs Price-15.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$838.69M
Net Margin-0.3%
Revenue Growth (YoY)23.7%
FCF Growth (YoY)8.2%
Financial Health — source: SEC EDGAR
Altman Z-Score5.59 (safe)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Business Services)29.9
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBROWN ADVISORY INC ($66.35M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOMark Lawrence Vorsatz
CountryUS
IPO Date2025-12-17

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ANDG earnings history · ANDG institutional & insider holders · ANDG KPIs & operating metrics · ANDG financials · ANDG investor presentations & press releases · ANDG SEC filings · ANDG peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.