Ameriprise Financial Inc vs Blackstone Inc

Ameriprise Financial Inc (AMP) is undervalued and Blackstone Inc (BX) is overvalued.

Against our estimates of intrinsic value, AMP trades at the wider discount: a margin of safety of +45%, against -41% for BX.

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

Blackstone Inc (BX)

Discounting its cash flows at 11.5% (average of 3 methods) values the shares at $87.98; the price of $124.01 is 41% above that value, and 68% of that value comes from beyond year five.

Leak Score 57/100 on 8 of 12 signals

MetricAMPBX
VerdictUndervaluedOvervalued
Price$512.37$124.01
Intrinsic value$927.60$87.98
Margin of safety+45%-41%
Leak Score96/100 (9/12)57/100 (8/12)
Market cap$45.3B$154.0B
Revenue growth, 5 years9.5%16.1%
Operating margin27.1%53.9%
Net margin19.9%22.1%
Return on equity63.4%40.5%
Debt to equity1.031.56
P/E12.4x27.8x
Forward P/E9.9x16.6x
P/B7.1x17.1x
Dividend yield1.3%4.2%

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