Stock fact sheet · data as of
Acadian Asset Management (AAMI): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Growth
Is AAMI undervalued?
Acadian Asset Management (AAMI) closed at 92.81 on 16 Oct 2026, 48% above the GLS average fair value of 62.56. 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 174.37. 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.
The nightly engine files AAMI under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
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 | 40.60 | -56% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 12.87 | -86% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 140.97 | +52% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 59.98 | -35% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 174.37 | +88% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 49.63 | -47% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 48.38 | -48% | 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 | 31.65 | -66% | 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 | 94.00 | +1% | 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 5.1 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in 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 0.33% with a payout ratio of 8% - 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 | 5.1 / 10 | ROE | 132.0% |
| Debt / equity | 5.33 | ROA | 11.8% |
| Free-cash-flow yield | 1.3% | Payout ratio | 8% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 56: Fair
AAMI scores 56 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 0/25, Health 16/20, Moat 8/15, Premium 20/20, Stability 13/20. Value (0/25) is where the points are missing.
Implied volatility is 39% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,236 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 370k shares a day on a market cap of $3.3B, with a beta of 1.32 - 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 gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -48% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 8 / 15 | moat 5.1/10 | |
| Premium | 20 / 20 | implied volatility 39% | |
| Stability | 13 / 20 | 370k shares/day, $3.3B cap, beta 1.32 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Acadian Asset Management reports earnings on 29 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
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.
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|---|---|---|---|---|---|
| FGADX Franklin Gold and Precious Metals Adv | 50.54 | 12.72 | -297% | 24No options | $3.3B |
| EAPCX Parametric Commodity Strategy Fund | 8.19 | 8.42 | +3% | 39No options | $3.3B |
| UTG Reaves Utility Income Fund | 35.42 | 253.85 | +86% | 39No options | $3.2B |
| ADX Adams Diversified Equity Fund, Inc. | 25.79 | 118.38 | +78% | 39No options | $3.2B |
| CSQ Calamos Strategic Total Return Fund | 20.09 | 158.06 | +87% | 39No options | $3.2B |
| AB AllianceBernstein Holding L.P. | 34.76 | 46.63 | +25% | 73Good | $3.2B |
| WT WisdomTree, Inc. | 21.08 | 19.68 | -7% | 70Good | $3.2B |
| GBDC Golub Capital BDC, Inc. | 12.27 | 32.28 | +62% | 81Prime | $3.2B |
| HCXY Hercules Capital Inc | 24.37 | 33.11 | +26% | 39No options | $3.1B |
| HTGC Hercules Capital, Inc. | 16.66 | 27.42 | +39% | 76Good | $3.1B |
| FCAMX Franklin California High Yield Municipal Fund Class A1 | 9.17 | 6.20 | -48% | 24No options | $3.1B |
| HFMSX The Hartford MidCap Fund Class R4 | 26.61 | 390.89 | +93% | 39No options | $3.1B |
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Start free See the Sunday ScanQuestions about AAMI
Is AAMI undervalued right now?
No: at 92.81 the stock trades 48% above the GLS average fair value of 62.56 (data as of 16 Oct 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 56 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for AAMI?
62.56 per share as of 16 Oct 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?
The next earnings report is due on 29 Oct 2026 (before the open), 13 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does AAMI have listed options, and how liquid are they?
Yes. The nightly snapshot found 194 listed contracts with 1,236 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.