Stock fact sheet · data as of
Apollo Global Management, Inc. (APO): fair value, margin of safety and Wheel Score
Ticker symbol APO · Financial Services · Asset Management · United States · Speculative
Is APO undervalued?
At 122.76 (close of 5 Nov 2026), APO trades 49% below the GLS average fair value of 240.38. That average comes from 3 models run on the latest filings, and 2 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 Apollo Global Management, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
Only 3 of the nine models produced a value (DCF, 10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files APO under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for APO
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 | 524.09 | +327% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 165.49 | +35% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 31.56 | -74% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -267.68 | -318% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 139.00 | +13% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: APO passes 3 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is 6.0 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 moderate - ROIC 9.5%, ROE 15.0%, ROA 0.8% - with debt at 0.57 times equity and a free-cash-flow yield of 11.0%.
The dividend yield is 1.75% at a payout ratio of -109%; 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 Retirement Services 85%, Asset Management 15% (quarter Q2 FY2026).
Institutional ownership scores 8/10, insider activity 2/10 and Congressional trading 6/10 on the GLS smart-money scales; the last recorded Congressional buy was on 10 Aug 2026.
| Piotroski F-score | 3 / 9 | ROIC | 9.5% |
|---|---|---|---|
| GLS Moat | 6.0 / 10 | ROE | 15.0% |
| Debt / equity | 0.57 | ROA | 0.8% |
| Free-cash-flow yield | 11.0% | Payout ratio | -109% |
| Institutions | 8 / 10 | Insiders · Congress | 2 · 6 / 10 |
Wheel Score 53: Fair
APO scores 53 out of 100 on the Wheel Score (Fair band, 50-69) because it fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 4, financially healthy - Piotroski 3/9 (under 6). A stock must pass all 9 Wheel Trade Filters to reach 70. Otherwise the parts read: value strong, premium strong, moat good, health weak, red flags fair, option trading strong, stability good.
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. The option chain is deep: 189,223 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 7.6M shares a day on a market cap of $72.5B, with a beta of 1.58 - 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 good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 3/9 (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 | 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 | Strong | 49% below fair value | |
| Premium | Strong | implied volatility 39% | |
| Moat | Good | moat 6.0/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Fair | Red Flags score 75/100 | |
| Option trading | Strong | 15,138 contracts a day, 189,223 open interest | |
| Stability | Good | beta 1.58, $72.5B 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 APO in the nightly calendar. The shares go ex-dividend on 18 Nov 2026 (0.5625 per share), so a covered call sold before then carries a small early-assignment risk around that date.
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 Apollo Global Management, Inc. 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 |
|---|---|---|---|---|---|
| APOS Apollo Global Management, Inc. | 25.48 | 266.64 | +90% | 34No options | $72.5B |
| AMFCX American Mutual Fund C | 65.27 | 46.45 | -41% | 17No options | $79.2B |
| AMFFX American Funds American Mutual F1 | 66.23 | 34.13 | -94% | 15No options | $80.4B |
| VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 13.47 | 3.43 | -293% | 17No options | $83.7B |
| BAM Brookfield Asset Management Ltd. | 54.11 | 27.25 | -99% | 39Weak | $86.4B |
| KKR KKR & Co. Inc. | 101.34 | 70.43 | -44% | 45Weak | $91.0B |
| BNJ Brookfield Finance Inc. 4.50% P | 14.12 | 4.49 | -214% | 15No options | $92.1B |
| BNH Brookfield Finance Inc. | 14.14 | 4.49 | -215% | 19No options | $92.6B |
| AMPFX AMCAP Fund F-1 | 43.99 | 46.39 | +5% | 19No options | $94.1B |
| BN Brookfield Corporation | 43.10 | 10.27 | -320% | 31Weak | $96.2B |
| RNNEX American Funds The New Economy Fund Class R-2E | 77.44 | 48.86 | -58% | 18No options | $50.5B |
| STT State Street Corporation | 173.41 | 261.67 | +34% | 48Weak | $47.2B |
⚖ Compare APO with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about APO
Is APO undervalued right now?
By the GLS models, yes: at 122.76 the stock is 49% below the average fair value of 240.38 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of APO and what does it mean?
APO scores 53 out of 100 (Fair) - it fails Wheel Trade Filters 2, 4. 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 APO?
240.38 per share as of 5 Nov 2026 - the simple average of the 3 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 Apollo Global Management, Inc. report earnings next?
No upcoming earnings date is recorded for APO in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does APO have listed options, and how liquid are they?
Yes. The nightly snapshot found 658 listed contracts with 189,223 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.