Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
AAMI
Valuation N/A
Acadian Asset Management Inc.
Price$93.30
Model IV—
P/IV—
Market implies +108.2%/yr
AB
Deeply undervalued
ALLIANCEBERNSTEIN HOLDING L.P.
Price$35.30
Model IV$64.10
P/IV0.56
Discount 45%
Return to IV: +81.6%
Market implies -4.7%/yr
vs model +3.8% · below model
ABX
Deeply overvalued
Abacus Global Management, Inc.
Price$8.32
Model IV$2.45
P/IV3.39
Premium +240%
Return to IV: -70.6%
Market implies +14.2%/yr
vs model +15.0% · in line
ABXL
Valuation N/A
Abacus Global Management, Inc.
Price$25.28
Model IV—
P/IV—
Market implies +20.8%/yr
ALTI
Deeply undervalued
AlTi Global, Inc.
Price$2.69
Model IV$5.93
P/IV0.52
Discount 55%
Return to IV: +120.6%
Market implies -13.4%/yr
vs model +35.5% · below model
AMG
Fairly valued
AFFILIATED MANAGERS GROUP, INC.
Price$386.99
Model IV$360.14
P/IV1.00
Premium +7%
Return to IV: -6.9%
Market implies +4.9%/yr
vs model +4.5% · in line
AMP
Deeply undervalued
AMERIPRISE FINANCIAL INC
Price$499.08
Model IV$1,762.19
P/IV0.29
Discount 72%
Return to IV: +253.1%
Market implies -10.4%/yr
vs model +8.3% · below model
APAM
Deeply undervalued
Artisan Partners Asset Management Inc.
Price$33.65
Model IV$58.17
P/IV0.63
Discount 42%
Return to IV: +72.9%
Market implies -3.0%/yr
vs model +5.4% · below model
APO
Valuation N/A
Apollo Global Management, Inc.
Price$115.30
Model IV—
P/IV—
Market implies +36.5%/yr
APOS
Deeply overvalued
Apollo Global Management, Inc.
Price$25.47
Model IV$16.52
P/IV1.52
Premium +54%
Return to IV: -35.1%
Market implies +15.3%/yr
vs model +12.0% · above model
ARES
Valuation N/A
Ares Management Corp
Price$116.26
Model IV—
P/IV—
Market implies +26.7%/yr
BAM
Deeply overvalued
Brookfield Asset Management Ltd.
Price$45.17
Model IV$14.11
P/IV3.18
Premium +220%
Return to IV: -68.8%
Market implies +23.3%/yr
vs model +8.3% · above model
BVC
Valuation N/A
BitVentures Ltd
Price$12.93
Model IV—
P/IV—
Market implies +52.7%/yr
BX
Valuation N/A
Blackstone Inc.
Price$112.68
Model IV—
P/IV—
Market implies +21.9%/yr
CG
Valuation N/A
Carlyle Group Inc.
Price$38.39
Model IV—
P/IV—
Market implies +90.3%/yr
CGABL
Deeply overvalued
Carlyle Group Inc.
Price$15.55
Model IV$11.24
P/IV1.47
Premium +38%
Return to IV: -27.7%
Market implies -1.6%/yr
vs model +2.0% · below model
CNS
Valuation N/A
COHEN & STEERS, INC.
Price$70.71
Model IV—
P/IV—
Market implies +32.1%/yr
DBRG
Deeply undervalued
DigitalBridge Group, Inc.
Price$16.00
Model IV$28.76
P/IV0.56
Discount 44%
Return to IV: +79.8%
Market implies +0.9%/yr
vs model +11.1% · below model
EVR
Deeply overvalued
Evercore Inc.
Price$266.75
Model IV$176.00
P/IV1.50
Premium +52%
Return to IV: -34.0%
Market implies +11.5%/yr
vs model +6.8% · above model
FHI
Deeply undervalued
FEDERATED HERMES, INC.
Price$55.95
Model IV$97.00
P/IV0.58
Discount 42%
Return to IV: +73.4%
Market implies +2.8%/yr
vs model +12.3% · below model
GCMG
Deeply overvalued
GCM Grosvenor Inc.
Price$12.97
Model IV$3.52
P/IV3.76
Premium +268%
Return to IV: -72.9%
Market implies +22.7%/yr
vs model +6.0% · above model
GROW
Valuation N/A
U S GLOBAL INVESTORS INC
Price$2.91
Model IV—
P/IV—
Market implies +21.5%/yr
HLI
Fairly valued
HOULIHAN LOKEY, INC.
Price$125.53
Model IV$120.94
P/IV1.12
Premium +4%
Return to IV: -3.7%
Market implies +4.7%/yr
vs model +4.9% · in line
HLNE
Fairly valued
Hamilton Lane INC
Price$85.66
Model IV$87.34
P/IV0.98
Discount 2%
Return to IV: +2.0%
Market implies +8.9%/yr
vs model +11.6% · in line
HNNA
Deeply undervalued
HENNESSY ADVISORS INC
Price$10.21
Model IV$24.84
P/IV0.41
Discount 59%
Return to IV: +143.3%
Market implies -10.6%/yr
vs model +3.8% · below model
HNNAZ
Undervalued
HENNESSY ADVISORS INC
Price$24.90
Model IV$31.18
P/IV0.81
Discount 20%
Return to IV: +25.2%
Market implies -1.4%/yr
vs model +3.8% · below model
ILLR
Valuation N/A
Triller Group Inc.
Price$0.04
Model IV—
P/IV—
Market implies +0.0%/yr
ILLRW
Deeply overvalued
Triller Group Inc.
Price$0.03
Model IV$0.02
P/IV1.98
Premium +35%
Return to IV: -25.7%
Market implies +0.0%/yr
vs model +17.2% · below model
IVZ
Fairly valued
Invesco Ltd.
Price$30.09
Model IV$32.26
P/IV0.88
Discount 7%
Return to IV: +7.2%
Market implies +2.1%/yr
vs model +3.6% · in line
JHG
Deeply undervalued
JANUS HENDERSON GROUP PLC
Price$51.95
Model IV$84.98
P/IV0.61
Discount 39%
Return to IV: +63.6%
Market implies -0.9%/yr
vs model +6.8% · below model
KKR
Deeply overvalued
KKR & Co. Inc.
Price$89.56
Model IV$19.82
P/IV4.84
Premium +352%
Return to IV: -77.9%
Market implies +23.1%/yr
vs model +4.7% · above model
KKRS
Deeply undervalued
KKR & Co. Inc.
Price$15.53
Model IV$50.57
P/IV0.32
Discount 69%
Return to IV: +225.7%
Market implies -24.2%/yr
vs model +4.7% · below model
KKRT
Valuation N/A
KKR & Co. Inc.
Price$23.04
Model IV—
P/IV—
Market implies +80.6%/yr
LAZ
Deeply overvalued
Lazard, Inc.
Price$35.82
Model IV$13.76
P/IV3.44
Premium +160%
Return to IV: -61.6%
Market implies +17.9%/yr
vs model +4.7% · above model
LCLN
Valuation N/A
Lincoln International, Inc.
Price$24.35
Model IV—
P/IV—
Limited data — see page
MAAS
Deeply undervalued
Maase Inc.
Price$12.29
Model IV$55.18
P/IV0.22
Discount 78%
Return to IV: +349.0%
Market implies -29.0%/yr
vs model +38.5% · below model
MC
Valuation N/A
Moelis & Co
Price$56.27
Model IV—
P/IV—
Limited data — see page
MGR
Valuation N/A
AFFILIATED MANAGERS GROUP, INC.
Price$18.74
Model IV—
P/IV—
Market implies -50.0%/yr
vs model +3.8% · below model
MGRB
Valuation N/A
AFFILIATED MANAGERS GROUP, INC.
Price$15.48
Model IV—
P/IV—
Market implies -50.0%/yr
vs model +3.8% · below model
MGRD
Valuation N/A
AFFILIATED MANAGERS GROUP, INC.
Price$13.91
Model IV—
P/IV—
Market implies -50.0%/yr
MGRE
Deeply undervalued
AFFILIATED MANAGERS GROUP, INC.
Price$21.16
Model IV$357.72
P/IV0.06
Discount 94%
Return to IV: +1,590.5%
Market implies -46.6%/yr
vs model +4.5% · below model
MLCI
Deeply overvalued
Mount Logan Capital Inc.
Price$3.05
Model IV$1.28
P/IV2.63
Premium +138%
Return to IV: -58.0%
Market implies +10.4%/yr
vs model +7.6% · in line
MLCIL
Deeply overvalued
Mount Logan Capital Inc.
Price$22.42
Model IV$9.72
P/IV2.36
Premium +131%
Return to IV: -56.7%
Market implies +0.8%/yr
vs model +7.6% · below model
MORN
Undervalued
Morningstar, Inc.
Price$202.74
Model IV$276.35
P/IV0.66
Discount 27%
Return to IV: +36.3%
Market implies +3.8%/yr
vs model +9.8% · below model
NOAH
Deeply undervalued
NOAH HOLDINGS LTD
Price$7.62
Model IV$15.09
P/IV0.53
Discount 50%
Return to IV: +98.1%
Market implies -10.6%/yr
vs model +1.5% · below model
OWL
Deeply undervalued
BLUE OWL CAPITAL INC.
Price$9.27
Model IV$29.70
P/IV0.32
Discount 69%
Return to IV: +220.4%
Market implies +2.4%/yr
vs model +25.0% · below model
PAX
Undervalued
Patria Investments Ltd
Price$11.26
Model IV$13.68
P/IV0.75
Discount 18%
Return to IV: +21.5%
Market implies +4.2%/yr
vs model +9.9% · below model
PJT
Valuation N/A
PJT Partners Inc.
Price$135.80
Model IV—
P/IV—
Limited data — see page
PS
Valuation N/A
PERSHING SQUARE INC.
Price$54.44
Model IV—
P/IV—
Limited data — see page
RILY
Undervalued
BRC Group Holdings, Inc.
Price$5.16
Model IV$7.17
P/IV1.30
Discount 28%
Return to IV: +39.0%
Market implies -1.6%/yr
vs model +2.0% · below model
RILYG
Deeply overvalued
BRC Group Holdings, Inc.
Price$24.98
Model IV$17.83
P/IV1.39
Premium +40%
Return to IV: -28.6%
Market implies +4.0%/yr
vs model +2.0% · in line
RILYL
Deeply undervalued
BRC Group Holdings, Inc.
Price$9.73
Model IV$17.83
P/IV0.70
Discount 45%
Return to IV: +83.3%
Market implies -10.4%/yr
vs model +2.0% · below model
RILYN
Fairly valued
BRC Group Holdings, Inc.
Price$25.25
Model IV$29.21
P/IV0.86
Discount 14%
Return to IV: +15.7%
Market implies -8.4%/yr
vs model +2.0% · below model
RILYP
Undervalued
BRC Group Holdings, Inc.
Price$9.20
Model IV$13.09
P/IV1.28
Discount 30%
Return to IV: +42.2%
Market implies -5.9%/yr
vs model +2.0% · below model
RILYT
Fairly valued
BRC Group Holdings, Inc.
Price$20.47
Model IV$20.39
P/IV1.03
Premium +0%
Return to IV: -0.4%
Market implies -3.7%/yr
vs model +2.0% · below model
RILYZ
Fairly valued
BRC Group Holdings, Inc.
Price$18.93
Model IV$17.83
P/IV1.10
Premium +6%
Return to IV: -5.8%
Market implies -0.1%/yr
vs model +2.0% · in line
RPC
Deeply overvalued
Ridgepost Capital, Inc.
Price$7.98
Model IV$3.13
P/IV2.64
Premium +155%
Return to IV: -60.7%
Market implies +14.0%/yr
vs model +18.6% · below model
SAMG
Deeply undervalued
Silvercrest Asset Management Group Inc.
Price$10.19
Model IV$28.20
P/IV0.40
Discount 64%
Return to IV: +176.8%
Market implies -11.6%/yr
vs model +5.4% · below model
STEP
Valuation N/A
StepStone Group Inc.
Price$43.91
Model IV—
P/IV—
Market implies +27.5%/yr
vs model +10.5% · above model
TPG
Deeply overvalued
TPG Inc.
Price$45.24
Model IV$16.07
P/IV2.65
Premium +182%
Return to IV: -64.5%
Market implies +30.4%/yr
vs model +20.2% · above model