ARES vs. PAYP: Ares Management vs. PayPay Stock Comparison
How do Ares Management (ARES) and PayPay (PAYP) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ares Management (ARES) and PayPay (PAYP) both fall under the Financial Services industry group, but ARES is classified in Capital Markets while PAYP is classified in Financial Services.
Ares Management (ARES) has been public since May 2, 2014 with a meaningfully longer listed history, while PayPay (PAYP) only listed on March 12, 2026 — long-window metrics on the PAYP side should be interpreted with caution.
Ares Management (ARES) trades as ordinary local shares, while PayPay (PAYP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ARES | PAYP |
|---|---|---|
| Name | Ares Management Corp. Class A Common Stock | PayPay Corp ADR |
| Country/Region | United States | Japan |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Financial Services |
| GICS Sub-Industry | Asset Management & Custody Banks | Transaction & Payment Processing Services |
| Market Capitalization | 44.45 billion USD | 10.10 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | May 2, 2014 | March 12, 2026 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ARES | PAYP |
|---|---|---|
| Total Return (1Y) | -5.55% | -- |
| Total Return (3Y, Annualized) | 13.18% | -- |
| Total Return (5Y, Annualized) | 13.38% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Ares Management (ARES) has an aggressive beta of 1.45, indicating higher sensitivity to broad-market moves, while PayPay (PAYP) is defensive at 0.24 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | ARES | PAYP |
|---|---|---|
| Volatility (1Y, Annualized) | 44.09% | 73.49% |
| Beta (5Y) | 1.45 | 0.24 |
| Max Drawdown (5Y) | -49.97% | -49.63% |
| Avg. Volume (3M) | 2.20M | 659.95K |
Risk-Adjusted Performance
Risk-Return Positioning
Both ARES and PAYP need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | ARES | PAYP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.22 | -- |
| Sortino Ratio (1Y) | -0.31 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: PayPay (PAYP) earns 18.80% on shareholders’ equity, ranked against its industry; Ares Management (ARES) has no ROE this period.
ARES
Financial Services industry group
--
- Max
- 44.78%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
- ARES
- --
PAYP
Financial Services industry group
18.80%
- Max
- 44.78%
- Q3
- 21.85%
- PAYP
- 18.80%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Ares Management (ARES) at 8.69% and PayPay (PAYP) at 15.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ARES
Financial Services industry group
8.69%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- ARES
- 8.69%
- Q1
- 4.82%
- Min
- -28.52%
PAYP
Financial Services industry group
15.85%
- Max
- 62.84%
- Q3
- 28.05%
- PAYP
- 15.85%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
PayPay (PAYP) at 32.79% runs core operations around its industry’s norm, while Ares Management (ARES) at 2.89% operates in the bottom quartile.
ARES
Financial Services industry group
2.89%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- Q1
- 14.60%
- ARES
- 2.89%
- Min
- -44.34%
PAYP
Financial Services industry group
32.79%
- Max
- 107.33%
- Q3
- 55.90%
- PAYP
- 32.79%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | ARES | PAYP |
|---|---|---|
| ROE (TTM) | -- | 18.80% |
| ROA (TTM) | -- | 1.34% |
| Net Margin (TTM) | 8.69% | 15.85% |
| Operating Margin (TTM) | 2.89% | 32.79% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Ares Management (ARES) at 44.19% sits in the top revenue growth quartile, while PayPay (PAYP) at 25.85% is closer to the peer norm — faster top-line expansion for ARES.
EPS Growth
PayPay (PAYP) at 230.06% clears its industry range for EPS growth, a much stronger earnings trajectory than Ares Management (ARES) at -16.67%, which is closer to a typical peer reading.
Growth Metrics
| Metric | ARES | PAYP |
|---|---|---|
| Revenue Growth (YoY) | 44.19% | 25.85% |
| Revenue Growth (3Y CAGR) | 22.39% | 23.06% |
| EPS Growth (YoY) | -16.67% | 230.06% |
| EPS Growth (3Y CAGR) | 25.02% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Ares Management (ARES) in Financial Services and PayPay (PAYP) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Ares Management (ARES) in Financial Services and PayPay (PAYP) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | ARES | PAYP |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
PayPay (PAYP) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ares Management (ARES) reports a yield of 3.87%, ranking against industry peers normally.
ARES
Financial Services industry group
3.87%
- Max
- 9.77%
- Q3
- 3.92%
- ARES
- 3.87%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
PAYP
Financial Services industry group
0.00%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- PAYP
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Ares Management (ARES) reports payout ratio above 100% at 423.77%, meaning dividends exceeded current-period earnings; PayPay (PAYP) pays no dividend (payout 0.00%).
ARES
Financial Services industry group
423.77%
- ARES
- 423.77%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
PAYP
Financial Services industry group
0.00%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- PAYP
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ARES | PAYP |
|---|---|---|
| Dividend Yield (TTM) | 3.87% | 0.00% |
| Dividend Payout Ratio (TTM) | 423.77% | 0.00% |
Valuation
P/E Ratio (TTM)
PayPay (PAYP) at 23.30 is near its industry’s usual P/E ratio, while Ares Management (ARES) at 109.82 sits above its peer range — an unusually expensive price for ARES’s trailing earnings.
ARES
Financial Services industry group
109.82
- ARES
- 109.82
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
PAYP
Financial Services industry group
23.30
- Max
- 45.85
- Q3
- 24.64
- PAYP
- 23.30
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
PayPay (PAYP) at 0.02 looks cheap on sales in the lower P/S ratio quartile, while Ares Management (ARES) at 8.92 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
ARES
Financial Services industry group
8.92
- Max
- 9.23
- ARES
- 8.92
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
PAYP
Financial Services industry group
0.02
- Max
- 9.23
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- PAYP
- 0.02
- Min
- -0.55
P/B Ratio (MRQ)
Both look rich against book: PayPay (PAYP) at 3.75 sits in the upper P/B ratio quartile, and Ares Management (ARES) at 12.15 prices even higher, above its industry range.
ARES
Financial Services industry group
12.15
- ARES
- 12.15
- Max
- 7.79
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
PAYP
Financial Services industry group
3.75
- Max
- 7.79
- PAYP
- 3.75
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | ARES | PAYP |
|---|---|---|
| P/E Ratio (TTM) | 109.82 | 23.30 |
| P/S Ratio (TTM) | 8.92 | 0.02 |
| P/B Ratio (MRQ) | 12.15 | 3.75 |
| Free Cash Flow Yield (TTM) | -- | -- |