Stock fact sheet · data as of
BlackRock, Inc. (BLK): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Blend
Is BLK undervalued?
BLK closed at 1,120.78 on 16 Oct 2026, more than 30% above the GLS average fair value of 536.85. Only 1 of the 9 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
There is a wide gap between Payback Time (134.37) and Graham Growth (1,496.70). 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 BLK under Blend.
Nine valuation models for BLK
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 | 525.30 | -53% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 611.48 | -45% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 1,496.70 | +34% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 575.59 | -49% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 245.99 | -78% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 416.46 | -63% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 134.37 | -88% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 329.60 | -71% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 496.12 | -56% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -523.23 | -147% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 1,332.50 | +19% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
BlackRock, 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. On durability BLK scores 5.3/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are moderate - ROIC 7.8%, ROE 9.9%, ROA 3.3% - with debt at 0.27 times equity and a free-cash-flow yield of 0.6%.
The dividend yield is 2.00% at a payout ratio of 54%; 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 Investment Advice 88%, Distribution and Shareholder Service 6%, Investment Performance 5% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 2/10 and Congressional trading 1/10 on the GLS smart-money scales; the last recorded insider buy was on 30 Sep 2026; the last recorded Congressional buy was on 10 Aug 2026.
| Piotroski F-score | 6 / 9 | ROIC | 7.8% |
|---|---|---|---|
| GLS Moat | 5.3 / 10 | ROE | 9.9% |
| Debt / equity | 0.27 | ROA | 3.3% |
| Free-cash-flow yield | 0.6% | Payout ratio | 54% |
| Institutions | 10 / 10 | Insiders · Congress | 2 · 1 / 10 |
Wheel Score 58: Fair
A Wheel Score of 58 puts BlackRock, Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 0/25, Health 13/20, Moat 8/15, Premium 19/20 and Stability 18/20; the weakest part is Value (0/25).
Implied volatility is 34% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (19 of 20 points). Chain open interest is 15,948 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.2M shares a day on a market cap of $173.6B, with a beta of 1.42 - 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 18 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -109% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 8 / 15 | moat 5.3/10 | |
| Premium | 19 / 20 | implied volatility 34% | |
| Stability | 18 / 20 | 1.2M shares/day, $173.6B cap, beta 1.42 |
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
No upcoming earnings date is recorded for BLK 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 BlackRock, 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 |
|---|---|---|---|---|---|
| BX Blackstone Inc. | 109.26 | 78.91 | -38% | 60Fair | $125.8B |
| ABALX American Balanced Fund A | 40.32 | 5.03 | -701% | 33No options | $277.5B |
| AFMBX American Balanced Fund F-3 | 40.30 | 5.22 | -671% | 33No options | $277.5B |
| AMPFX AMCAP Fund F-1 | 44.65 | 46.40 | +4% | 39No options | $91.7B |
| VWITX Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 13.11 | 3.41 | -285% | 34No options | $86.9B |
| BNH Brookfield Finance Inc. | 14.54 | 6.34 | -129% | 16No options | $82.4B |
| BN Brookfield Corporation | 36.81 | 11.46 | -221% | 53Fair | $82.2B |
| BNJ Brookfield Finance Inc. 4.50% P | 14.17 | 6.31 | -124% | 16No options | $81.1B |
| KKR KKR & Co. Inc. | 87.63 | 71.78 | -22% | 57Fair | $78.7B |
| AMFFX American Funds American Mutual F1 | 64.37 | 34.13 | -89% | 27No options | $78.1B |
| AMFCX American Mutual Fund C | 63.46 | 46.45 | -37% | 31No options | $77.0B |
| BAM Brookfield Asset Management Ltd. | 45.98 | 27.81 | -65% | 56Fair | $73.4B |
⚖ Compare BLK with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about BLK
Is BLK undervalued right now?
No: at 1,120.78 the stock trades 109% above the GLS average fair value of 536.85 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of BLK and what does it mean?
BLK scores 58 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 BLK?
536.85 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 BlackRock, Inc. report earnings next?
No upcoming earnings date is recorded for BLK in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does BLK have listed options, and how liquid are they?
Yes. The nightly snapshot found 1,000 listed contracts with 15,948 open interest across all expiries and implied volatility of 34% 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.