Stock fact sheet · data as of
Abacus Global Management, Inc. (ABX): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Life · United States · High Growth
Is ABX undervalued?
At 7.92 (close of 16 Oct 2026), ABX trades 75% below the GLS average fair value of 32.27. That average comes from 9 models run on the latest filings, and 5 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Abacus Global Management, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between DDM (2.94) and DCF (192.23). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files ABX under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for ABX
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 | 192.23 | +2327% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 5.47 | -31% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 12.52 | +58% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 5.16 | -35% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 17.87 | +126% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 22.06 | +178% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 28.90 | +265% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 2.94 | -63% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 3.24 | -59% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -4.23 | -153% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 13.00 | +64% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Abacus Global Management, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 1.8/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 4.4%, ROE 8.7%, ROA 4.0% - with debt at 0.98 times equity and a free-cash-flow yield of 11.5%.
The dividend yield is 2.53% at a payout ratio of 71%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Asset Management 87%, Origination 10%, Technology Service 4% (quarter Q1 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 4.4% |
|---|---|---|---|
| GLS Moat | 1.8 / 10 | ROE | 8.7% |
| Debt / equity | 0.98 | ROA | 4.0% |
| Free-cash-flow yield | 11.5% | Payout ratio | 71% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 73: Good
With a Wheel Score of 73 - the Good band - Abacus Global Management, Inc. clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 3/15, Premium 19/20, Stability 13/20; Moat (3/15) scores lowest.
Implied volatility is 63% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (19 of 20) because volatility this high usually comes with a reason. Chain open interest is 20,539 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 720k shares a day on a market cap of $775M, with a beta of 0.06 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 75% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 3 / 15 | moat 1.8/10 | |
| Premium | 19 / 20 | implied volatility 63% | |
| Stability | 13 / 20 | 720k shares/day, $775M cap, beta 0.06 |
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
The next earnings report is due on 5 Nov 2026 (after the close), 20 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Life
The 12 companies below are the closest to Abacus Global Management, Inc. by market cap within the Insurance - Life 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 |
|---|---|---|---|---|---|
| MHNC Maiden Holdings North America, Ltd. | 10.55 | 28.51 | +63% | 39No options | $1.0B |
| KCLI Kansas City Life Insurance Company | 36.00 | 22.12 | -63% | 22No options | $349M |
| BHFAP Brighthouse Financial, Inc. | 12.90 | 120.09 | +89% | 39No options | $2.1B |
| FG F&G Annuities & Life, Inc. | 19.61 | 187.35 | +90% | 79Good | $2.6B |
| BHFAM Brighthouse Financial, Inc. | 9.43 | 114.40 | +92% | 39No options | $2.7B |
| BHFAO Brighthouse Financial, Inc. | 13.18 | 120.56 | +89% | 39No options | $2.8B |
| BHFAN Brighthouse Financial, Inc. | 10.53 | 116.21 | +91% | 39No options | $2.8B |
| BHF Brighthouse Financial, Inc. | 48.70 | 178.93 | +73% | 75Good | $2.8B |
| SNFCA Security National Financial Corporation | 9.07 | 137.51 | +93% | 39No options | $214M |
| BHFAL Brighthouse Financial, Inc. | 15.14 | 116.33 | +87% | 39No options | $2.8B |
| PKIN Pekin Life Insurance Company | 11.80 | 4.29 | -175% | 16No options | $201M |
| UTGN UTG, Inc. | 60.00 | 114.95 | +48% | 39No options | $188M |
⚖ Compare ABX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about ABX
Is ABX undervalued right now?
By the GLS models, yes: at 7.92 the stock is 75% below the average fair value of 32.27 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ABX and what does it mean?
ABX scores 73 out of 100 (Good). 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 ABX?
32.27 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 Abacus Global Management, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (after the close), 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ABX have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 20,539 open interest across all expiries and implied volatility of 63% 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.