Abacus Global Management, Inc.

ABX ·Financial, Asset Management, United States
Valuation › AI Valuation

AI Valuation

AI-generated fair value estimate for this company.

AI Fair Value $13.40
Market Price $8.07
Undervalued By 39.8%

Method: 10-year DCF on adjusted net income (proxy for owner earnings): $101M FY26E adjusted net income base (FY26 guided adjusted EPS $1.00-$1.05 x ~98.5M diluted shares); 10% annual growth years 1-5; 5% growth years 6-10; 14% discount rate; 3% terminal growth; 97.79M shares outstanding.

Reasoning: Abacus Global Management is a life-settlement/alternative-asset manager where GAAP net income ($27.7M TTM) is distorted by fair-value and intangible-amortization items, so adjusted net income (~$100M annualized, growing 24% y/y) is the better proxy for recurring economic earnings; the 14% discount rate reflects elevated leverage ($330.6M debt), business-model complexity, and pending defamation litigation.