Brookfield Asset Management Ltd. (BAM) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Brookfield Asset Management Ltd. stock $31.25, price $52.46, that is 40.4% below the price, quality 64 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $23.68 – $60.35 · fair‑value band $15.43 – $56.23 · the $52.46 price screens above the $31.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Brookfield Asset Management Ltd. is a private equity firm specializing in acquisitions and growth capital investments.
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The firm primarily provides its services to institutional clients, high net worth individuals, financial institutions, public and private pension plans, sovereign wealth funds, endowments, and foundations.
The firm manages separate client-focused public and private fund portfolios, listed partnerships, separate accounts, and co-investments. The firm invests in real assets, including real estate, infrastructure, renewable power, private equity, and credit.
The firm employs fundamental and operational analysis to make its investments. The firm uses both in-house and external research to complement its investment process. It was founded in 2022 and is based in New York. Brookfield Asset Management Ltd. operates as a subsidiary of Brookfield Corporation.
Stock analysis
Brookfield Asset Management Ltd. (BAM) currently trades at $52.46, while our model-based Fair Value estimate is $31.25, 40% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $31.25 per share, and 1 of the 13 models we run sit above the $52.46 price.
Bear case: the Asset-Based group reads lowest at $3.53, and 12 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: $15.43 (bear) to $56.23 (bull), the price of $52.46 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Brookfield Asset Management Ltd. reported revenue of $4.9B in FY2025 versus $3.1B in FY2021, a compound +12.3%/yr. Reported net income was $2.5B in FY2025, compounding +8.1%/yr from FY2021.
Key figures
Market cap $84.9B Large · P/E ratio 30.1 · P/S ratio 14.8 · EPS (TTM) $1.74 · Dividend yield 3.6% · Net margin 48.9% · Return on equity 26.8% · Return on assets (EBIT) 54.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 88 out of 100 (medium confidence).
What moves the price
The share trades about 5% below its 52-week high and 25% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −16% fair-value upside, at −40%, BAM screens richer than that median.
Fair Value models
Bear$15.43Fair Value $31.25Bull$56.23
Price $52.46 · Downside -40.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+23.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+17.9%
Start year 2020 (pandemic)
Revenue growth 9 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−16.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
−31.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−35.1%
Dividend (yield on the price)3.6%
Per share before 2016divided by the spin-off factor 1.02
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−19.3% vs 0.4%, slowing
Profit margin 2018 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 60%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 11.9%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+24.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+15.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +21.1% a year for the price and +12.9% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Scale in alternatives supports organization capital and pricing power with high margins and ROE, yet weak innovation and insider signals constrain the business.
Main risk: Rapid advances in AI hardware or data center design could render Brookfield's AI-linked infrastructure assets less valuable or obsolete, hitting returns and attractiveness of its dedicated AI funds to investors.
Bull case: Brookfield could leverage its scale and operational expertise in infrastructure to develop flexible, modular AI assets that adapt to new technologies while expanding specialized credit offerings to maintain fee income.
Bear case: If AI infrastructure investments face rapid obsolescence and regulatory costs escalate, Brookfield might struggle to sustain fundraising momentum in credit and alternatives, eroding its integrated platform advantages.
Brookfield recently closed Oaktree’s asset-backed finance fund at its target size with commitments from major institutions including pension plans and sovereign wealth funds. This builds on the integrated credit platform while the firm also advances AI-linked infrastructure projects. Our models see it as overvalued. Does the push into asset-backed credit deliver steadier fee income than traditional strategies, or does it expose the business to new risks in a crowded private credit market?
Compare Brookfield Asset Management Ltd. with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 593 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Above median
Fair Value upside−40.4% · Bottom 25%
Profitability
Return on equity (12 months)26.8% · Top 25%
Return on assets14.7% · Top 25%
Net margin (12 months)48.9% · Above median
Operating margin (12 months)68.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)60.8% · Top 25%
Dividend yield (12 months)3.6% · Below median
Balance sheet
Debt / equity0.33× · Above median
Valuation Multiplesvs Asset Management median · lower = cheaper
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Is Brookfield Asset Management Ltd. (BAM) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $31.25 versus a price of $52.46, about 40% lower (overvalued).
What is the fair value of BAM?
Our model-based fair value for Brookfield Asset Management Ltd. is $31.25 (as of Nov 5, 2026), built from audited fundamentals. The current price: $52.46.
What is the quality score of BAM?
Brookfield Asset Management Ltd. has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Brookfield Asset Management Ltd. (BAM)?
Our model-based price target is the fair value of $31.25 (as of Nov 5, 2026) from 13 valuation models. Cautious scenario $15.43, optimistic scenario $56.23. It is a calculation from audited fundamentals, not an analyst target.
What is the Brookfield Asset Management Ltd. stock forecast for 2026?
Our models put fair value at $31.25, about 40% lower versus a price of $52.46 (overvalued). Cautious scenario $15.43, optimistic scenario $56.23. The calculation is refreshed regularly with new filings.
What is the revenue of Brookfield Asset Management Ltd. (BAM)?
Brookfield Asset Management Ltd. reported trailing-twelve-month revenue of about $5.7B (latest available figure, as of Nov 5, 2026).
Does Brookfield Asset Management Ltd. pay a dividend?
Brookfield Asset Management Ltd. currently shows a dividend yield of 3.58% relative to its recent price (as of Nov 5, 2026).
What growth is priced into Brookfield Asset Management Ltd. (BAM)?
For today's price to be fair in a discounted-cash-flow model, Brookfield Asset Management Ltd. would have to grow free cash flow by +24.0 % per year for five years (discount rate 10.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.0 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of BAM use?
Our models discount Brookfield Asset Management Ltd. at 10.0 %: a base by market capitalisation (large), damped by beta 1.33, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Brookfield Asset Management Ltd. that is +24.0 % per year a year over ten years, using the same discount rate (10.0 %) and the same formula as our fair value.
How much growth has Brookfield Asset Management Ltd. (BAM) delivered so far?
Over the past 5 years revenue at Brookfield Asset Management Ltd. grew +18.0 % a year. The price currently implies +24.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Brookfield Asset Management Ltd. (BAM) growing?
The median revenue growth in the sector is +9.4 % a year. That is the yardstick for the growth priced into Brookfield Asset Management Ltd. (+24.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Brookfield Asset Management Ltd. (BAM)?
The free-cash-flow yield on the price is 2.47 %: that much free cash flow Brookfield Asset Management Ltd. produces per unit of market value. When it exceeds the discount rate of our models (10.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Brookfield Asset Management Ltd. (BAM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Brookfield Asset Management Ltd. it is $31.25 per share (as of Nov 5, 2026), against a price of $52.46. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is Brookfield Asset Management Ltd. stock overvalued or undervalued in 2026?
As of Nov 5, 2026, BAM trades above its calculated fair value: price $52.46, fair value $31.25, a gap of about −40% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BAM?
No. The price is what the market pays today ($52.46); the fair value is what the company's own numbers justify ($31.25). For Brookfield Asset Management Ltd. the two are $21.21 per share apart. That gap is exactly why we show both numbers side by side.
How much is Brookfield Asset Management Ltd. worth?
The market values Brookfield Asset Management Ltd. at about $84.9B (market capitalisation, as of Nov 5, 2026). Per share that is $52.46; our models calculate a fair value of $31.25 per share.
What do the bullish and bearish scenarios say about BAM?
Our models span a range for Brookfield Asset Management Ltd.: cautious scenario $15.43, base $31.25, optimistic $56.23 per share (as of Nov 5, 2026, price $52.46). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BAM?
Brookfield Asset Management Ltd. trades at a price-to-earnings ratio of 30.1 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $31.25 is built from several models across several years. Other multiples: PEG 1.0, P/B 9.6, P/S 14.8, EV/EBITDA 22.5.
What is the PEG ratio of BAM?
The PEG ratio of Brookfield Asset Management Ltd. is 1.05 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Brookfield Asset Management Ltd. (BAM)?
Balance-sheet figures for Brookfield Asset Management Ltd. (as of Nov 5, 2026): return on equity 26.8%, debt of 0.33 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is BAM from its 52-week high?
Brookfield Asset Management Ltd. trades at $52.46, about 5% below its 52-week high of $55.32 and 25% above the low of $42.02 (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of $31.25 is for.
Which stocks are comparable to Brookfield Asset Management Ltd.?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Apollo Global Management, Inc, State Street Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Brookfield Asset Management Ltd. stock attractive at the current price?
The data as of Nov 5, 2026: price $52.46, calculated fair value $31.25 (−40%), Quality Score 64/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BAM calculated?
We run Brookfield Asset Management Ltd. through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $31.25, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Brookfield Asset Management Ltd. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Brookfield Asset Management Ltd. (BAM)?
The closing price on Nov 5, 2026 was $52.46. Our model-based fair value is $31.25, about 40% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Brookfield Asset Management Ltd. right now?
The model range is unusually wide ($15.43 to $56.23). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Brookfield Asset Management Ltd. (BAM) come from?
Earnings per share at Brookfield Asset Management Ltd. grew +2.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share −12.8 %, EBIT margin +15.0 %, tax rate −0.4 %, residual (interest, one-offs) +3.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Brookfield Asset Management Ltd.
How large is the market capitalisation of Brookfield Asset Management Ltd. (BAM)?
The market capitalisation of Brookfield Asset Management Ltd. is $84.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Brookfield Asset Management Ltd. (BAM)?
The price-to-sales ratio of Brookfield Asset Management Ltd. is 14.8 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Brookfield Asset Management Ltd. (BAM)?
Earnings per share at Brookfield Asset Management Ltd. are $1.74 (price ÷ EPS = P/E 30.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Brookfield Asset Management Ltd. (BAM)?
The dividend yield of Brookfield Asset Management Ltd. is 3.6% (payout 108%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Brookfield Asset Management Ltd. (BAM)?
The net margin of Brookfield Asset Management Ltd. is 48.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Brookfield Asset Management Ltd. (BAM)?
The return on equity (ROE) of Brookfield Asset Management Ltd. is 26.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Brookfield Asset Management Ltd. (BAM)?
On an EBIT basis the return on assets of Brookfield Asset Management Ltd. is 54.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Brookfield Asset Management Ltd. (BAM)?
The operating margin of Brookfield Asset Management Ltd. is 68.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Brookfield Asset Management Ltd. (BAM)?
Revenue at Brookfield Asset Management Ltd. is growing +60.8% versus a year earlier (3y avg +10.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Brookfield Asset Management Ltd. (BAM)?
Earnings per share at Brookfield Asset Management Ltd. are growing +47.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Brookfield Asset Management Ltd. (BAM) carry?
The net debt of Brookfield Asset Management Ltd. is $2.1B (fiscal year 2025, ≈ 1.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 5, 2026