Abacus Global Management Inc. Class A Common Stock (ABX)
TurnaroundFairStock Score: 70/100 — STEADY
Key Financials
| Current Price | $8.3 |
| Market Cap | $812M |
| P/E Ratio | 30.74 |
| ROE | 6.55% |
| Dividend Yield | 2.28% |
| Sector | Financial Services |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
I look for durable economics, honest accounting, and a price that leaves room for error. Abacus is a small alternative asset manager and life-settlements operator. The filed record shows a turnaround: in fiscal 2023, the year ended 2023-12-31, revenue was $66.4M and net income $9.5M, or $0.16 diluted EPS; in fiscal 2024, the year ended 2024-12-31, revenue rose to $111.9M but the company lost $24.0M, or $0.34 per diluted share; in fiscal 2025, the year ended 2025-12-31, revenue reached $235.2M and net income was $36.5M, or $0.36 diluted EPS. That supports the computed TURNAROUND label. But recent quarters are not clean: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $73.0M and net income $6.6M, or $0.07 diluted EPS, versus fiscal Q2 2025, the quarter ended 2025-06-30, when revenue was $56.2M but net income was $17.6M, or $0.18 diluted EPS. Revenue is growing; profit is not. Financial health is mixed. FairStock calculations at the 2026-10-13 close show P/E 30.07, P/B 1.81, ROE 6.55%, ROCE 7.05%, D/E 0.78, beta 0.05, and a 2.28% dividend yield. Piotroski is 5/9 and FairStock Score 70/100. For a financial company, I would want CET1, net interest margin, or combined ratio, but those are not in the data. ROE is modest against a P/B above 1. The niche may have complexity and underwriting risk, but no clear wide moat is evident. Price looks full unless margins and returns improve.
In plain English: Abacus Global Management manages money and invests in life insurance settlements. The business is growing revenue, but profit has been uneven and fell sharply in the latest quarter compared with a year earlier. At the current price, the stock looks full compared with its yearly profit and modestly above its accounting value.
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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer