Ameriprise Financial Inc vs Blackrock Inc

Ameriprise Financial Inc (AMP) is undervalued and Blackrock Inc (BLK) is overvalued.

Against our estimates of intrinsic value, AMP trades at the wider discount: a margin of safety of +45%, against -46% for BLK.

Values as of the 22 Sept 2026 close.

Ameriprise Financial Inc (AMP)

Discounting its cash flows at 10.2% (average of 3 methods) values the shares at $927.60; the price of $512.37 is 45% below that value, and 72% of that value comes from beyond year five.

Leak Score 96/100 on 9 of 12 signals

Blackrock Inc (BLK)

Discounting its cash flows at 11.0% (average of 3 methods) values the shares at $729.27; the price of $1066.66 is 46% above that value, and 70% of that value comes from beyond year five.

Leak Score 24/100 on 5 of 12 signals

MetricAMPBLK
VerdictUndervaluedOvervalued
Price$512.37$1066.66
Intrinsic value$927.60$729.27
Margin of safety+45%-46%
Leak Score96/100 (9/12)24/100 (5/12)
Market cap$45.3B$173.3B
Revenue growth, 5 years9.5%8.0%
Operating margin27.1%34.0%
Net margin19.9%23.8%
Return on equity63.4%12.3%
Debt to equity1.030.26
P/E12.4x26.5x
Forward P/E9.9x16.6x
P/B7.1x3.0x
Dividend yield1.3%2.1%

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