Stock fact sheet · data as of
Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028 (ABXL): fair value, margin of safety and Wheel Score
Ticker symbol ABXL · Financial Services · Asset Management · United States · Fund / Note
Is ABXL undervalued?
At 25.44 (close of 5 Nov 2026), ABXL trades 24% over the GLS average fair value of 20.58. 2 of the 9 models land above the price and 7 below. A negative margin of safety fails the "below fair value" Wheel Trade Filter - the models see no discount, which does not make the business a poor one, only the price a full one.
There is a wide gap between GLS Growth (1.35) and DCF (106.11). 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.
ABXL looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for ABXL
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 | 106.11 | +317% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 5.15 | -80% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 9.55 | -62% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 3.79 | -85% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 1.35 | -95% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 10.77 | -58% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 9.34 | -63% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 36.32 | +43% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 2.86 | -89% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -4.72 | -119% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028 scores only 2 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. There is no GLS Moat score for ABXL: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are thin or negative - ROIC -3.0%, ROE -5.6%, ROA -2.7% - with debt at 0.91 times equity and a free-cash-flow yield of 1.7%.
The dividend yield is high at 9.70% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -3.0% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | -5.6% |
| Debt / equity | 0.91 | ROA | -2.7% |
| Free-cash-flow yield | 1.7% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 9: No options
No options are listed on Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028 in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 9, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 4k shares a day on a market cap of $2.5B, with a beta of -0.14 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Fails | trades 24% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 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 | Fails | no implied volatility |
| 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 | 24% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta -0.14, $2.5B 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 ABXL in the nightly calendar.
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 Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028 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 |
|---|---|---|---|---|---|
| NVG Nuveen AMT-Free Municipal Credit Income Fund | 11.52 | 18.09 | +36% | 27No options | $2.5B |
| CHCLX AB Discovery Growth Fund, Inc. - Class A | 11.29 | 9.61 | -17% | 11No options | $2.5B |
| ASST Strive, Inc. | 22.92 | - | - | 22Weak | $2.5B |
| KLMN Invesco Exchange-Traded Fund Trust II - Invesco MSCI North America Climate ETF | 31.42 | 2.83 | -1009% | 10No options | $2.5B |
| GDV The Gabelli Dividend & Income Trust | 29.20 | 122.89 | +76% | 33No options | $2.5B |
| BDOAX iShares MSCI Total International Index Fund - Class A | 13.85 | - | - | 14No options | $2.5B |
| FBTAX Fidelity Advisor Biotechnology Fund Class A | 49.07 | 27.82 | -76% | 16No options | $2.4B |
| OXLCM Oxford Lane Capital Corp. | 24.80 | 70.18 | +65% | 27No options | $2.4B |
| UTF Cohen & Steers Infrastructure Fund, Inc | 26.41 | 81.62 | +68% | 27No options | $2.6B |
| MERFX The Merger Fund - Class A | 17.73 | 18.83 | +6% | 14No options | $2.6B |
| CEMDX Cullen Emerging Markets High Dividend Fd Retail Cl | 17.91 | 447.82 | +96% | 25No options | $2.4B |
| LCGNX William Blair Large Cap Growth N | 27.24 | 37.96 | +28% | 24No options | $2.6B |
⚖ Compare ABXL with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about ABXL
Is ABXL undervalued right now?
No: at 25.44 the stock trades 24% above the GLS average fair value of 20.58 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of ABXL and what does it mean?
ABXL has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for ABXL?
20.58 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 Abacus Global Management, Inc. - 9.875% Fixed Rate Senior Notes due 2028 report earnings next?
No upcoming earnings date is recorded for ABXL in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does ABXL have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ABXL, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.