Stock fact sheet · data as of
Acadian Asset Management (AAMI): fair value, margin of safety and Wheel Score
Ticker symbol AAMI · Financial Services · Asset Management · United States · Growth
Is AAMI undervalued?
Acadian Asset Management (AAMI) closed at 91.62 on 5 Nov 2026, 38% above the GLS average fair value of 66.58. 7 of the 9 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
The 9 models disagree widely: DDM gives 4.56 while GLS Growth gives 210.05. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, AAMI is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 15, growth score 80, out of 100).
Nine valuation models for AAMI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 42.50 | -54% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 16.56 | -82% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 130.84 | +43% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 52.33 | -43% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 210.05 | +129% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 55.70 | -39% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 48.52 | -47% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 4.56 | -95% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 38.12 | -58% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -8.83 | -110% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 94.67 | +3% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health AAMI scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 6.7 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are high - ROIC 20.9%, ROE 132.0%, ROA 11.8% - with debt at 5.33 times equity and a free-cash-flow yield of 1.3%. Debt of 5.33 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is 0.34% with a payout ratio of 6% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Asset Management 96%, Investment Performance 4% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 20.9% |
|---|---|---|---|
| GLS Moat | 6.7 / 10 | ROE | 132.0% |
| Debt / equity | 5.33 | ROA | 11.8% |
| Free-cash-flow yield | 1.3% | Payout ratio | 6% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: Weak
AAMI scores 39 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (948 open interest, 135 a day); and filter 3, below fair value - trades 38% above our fair value, and the parts are thin too - value weak, premium strong, moat good, health good, red flags strong, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 39% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 948 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 381k shares a day on a market cap of $3.3B, with a beta of 1.30 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (948 open interest, 135 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 38% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 38% above fair value | |
| Premium | Strong | implied volatility 39% | |
| Moat | Good | moat 6.7/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Weak | 135 contracts a day, 948 open interest | |
| Stability | Fair | beta 1.30, $3.3B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for AAMI in the nightly calendar. The next ex-dividend date is 11 Dec 2026 (0.1000 per share).
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Acadian Asset Management by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AB AllianceBernstein Holding L.P. | 35.30 | 46.57 | +24% | 40Weak | $3.2B |
| ADX Adams Diversified Equity Fund, Inc. | 25.56 | 118.39 | +78% | 26No options | $3.2B |
| CSQ Calamos Strategic Total Return Fund | 19.89 | 158.12 | +87% | 25No options | $3.2B |
| FSK FS KKR Capital Corp. | 11.46 | 49.95 | +77% | 47Weak | $3.2B |
| HCXY Hercules Capital Inc | 24.35 | 40.93 | +41% | 33No options | $3.2B |
| HTGC Hercules Capital, Inc. | 16.63 | 32.54 | +49% | 53Fair | $3.2B |
| EAPCX Parametric Commodity Strategy Fund | 7.75 | 8.30 | +7% | 16No options | $3.4B |
| UTG Reaves Utility Income Fund | 34.21 | 254.00 | +87% | 25No options | $3.1B |
| GBDC Golub Capital BDC, Inc. | 13.08 | 32.41 | +60% | 76Good | $3.4B |
| FGADX Franklin Gold and Precious Metals Adv | 48.39 | 12.72 | -280% | 12No options | $3.4B |
| YAFIX AMG Yacktman Focused I | 24.55 | 29.22 | +16% | 20No options | $3.1B |
| HFMSX The Hartford MidCap Fund Class R4 | 25.45 | 376.00 | +93% | 28No options | $3.1B |
⚖ Compare AAMI with 7 of them All Financial Services stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about AAMI
Is AAMI undervalued right now?
No: at 91.62 the stock trades 38% above the GLS average fair value of 66.58 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of AAMI and what does it mean?
AAMI scores 39 out of 100 (Weak) - it fails Wheel Trade Filters 1, 3. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for AAMI?
66.58 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Acadian Asset Management report earnings next?
No upcoming earnings date is recorded for AAMI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does AAMI have listed options, and how liquid are they?
Yes. The nightly snapshot found 84 listed contracts with 948 open interest across all expiries and implied volatility of 39% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.