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Aberdeen Group (ABDN) Fair Value & Analysis

Financial Services · GB · Market cap 4.5B GBX

AG Aberdeen Group ABDN · LSE
Price£2.50
Fair Value£3.79
Upside+51.4%
Quality68/100
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Weak Growth
Highly profitable · 28.9% net margin
Low debt · generates free cash flow
5.77% dividend yield
Mixed vs. peers (8/15)
Moderate moat 52/100
Evidence: High Range £2.84 – £4.74 Share as image

Fair value as of: Jul 20, 2026

From 12 valuation models · updated 21 days ago

Share price +3.0% over the past month.

A solid business, screening 51% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (£2.84). The market is more pessimistic than our downside scenario.
  • Solid quality (68/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

£2.59 £0.9831 Fair Value £3.79 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range £0.9831 – £2.59 · fair‑value band £2.84 – £4.74 · the £2.50 price screens below the £3.79 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Aberdeen Group (ABDN) currently trades at £2.50, while our model-based Fair Value estimate is £3.79, implying the stock looks roughly 51.4% undervalued today. The Quality Score stands at 68/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Aberdeen Group generated revenue of £1.3B at a net margin of 28.9%. Revenue grew 1.6% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of £1.2B. Fundamentals as of Jul 20, 2026

Our scenario range runs from £2.84 (bear case) to £4.74 (bull case); at £2.50, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 51%, ABDN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF £2.83 £3.57 £4.80 80
Residual Income £2.36 £2.51 £2.74 76
Rev-Margin DCF £2.24 £2.91 £3.74 74
All 12 models by family
DCF Models
Owner Earnings £3.27 £4.24 £5.97 31
5Y P/E Exit £2.60 £3.47 £4.52 38
10Y P/E Exit £2.64 £3.24 £3.80 35
Earnings-Based
Graham-Dodd £1.52 £1.85 £2.09 54
Dividend Discount
Gordon GGM £1.28 £1.40 £1.57 70
DDM Multi-Stage £1.28 £1.58 £2.00 61
Multiples
P/E Multiple £2.17 £2.90 £3.62 63
P/B Multiple £2.84 £3.79 £4.74 55
Asset-Based
NCAV (Graham) £1.43 £1.92 £2.87 50
Growth DCF
Growth DCF £2.83 £3.57 £4.80 80
Rev-Margin DCF £2.24 £2.91 £3.74 74
Economic Profit
Residual Income £2.36 £2.51 £2.74 76

Widest divergence: DCF Models (£3.47) versus Dividend Discount (£1.40). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.3B GBX
Revenue growth (YoY) +1.6%
Net margin 28.9%
Return on equity 7.8%
Free cash flow 406M GBX FY2025
P/E ratio 11.8
More key figures
Operating margin 13.2%
EPS (TTM) £0.2100
Dividend yield 6.0%
EPS growth (YoY) +97.6%
Net cash 1.2B GBX FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 70 · Market factors (momentum, volatility) 65

Profitability 39
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 79
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Aberdeen Group Plc provides asset management services in the United Kingdom, Europe, North America, and Asia. It makes traditional, private equity/ buyout, venture capital, secondary (direct), secondary (indirect), real estate investments & blend investments in early venture, middle market, growth capital & buyout investments.

Full company description

Aberdeen Group Plc provides asset management services in the United Kingdom, Europe, North America, and Asia. It makes traditional, private equity/ buyout, venture capital, secondary (direct), secondary (indirect), real estate investments & blend investments in early venture, middle market, growth capital & buyout investments. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels. It invests in healthcare, information technology, telecommunication services, media & real estate investments. The firm invests globally. It prefers to have majority stakes in its portfolio companies. Aberdeen Group Plc was founded in 1825 and is based in Edinburgh, United Kingdom with additional offices across Europe, Middle East, Asia Pacific, North America and South America.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aberdeen Group reported revenue of £1.8B in FY2025 versus £1.5B in FY2021, a compound +4.6%/yr. Reported net income was £399M in FY2025, compounding −20.4%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£1.8B
Latest YoY
+17.2%
Avg. growth/yr (3Y)
+7.6%
Avg. growth/yr (5Y)
−13.7%
Avg. growth/yr (20Y)
−6.7%
Revenue +4.6%/yr
FY21 £1.5B
FY22 £1.4B
FY23 £1.5B
FY24 £1.5B
FY25 £1.8B
Net income −20.4%/yr
FY21 £994M
FY22 −£549M
FY23 £1.0M
FY24 £237M
FY25 £399M

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Cite: Fair Value Calculator (2026). "Aberdeen Group Fair Value". https://www.fairvalue-calculator.com/stock/ABDN

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Asset Management · 973 stocks

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.

Quality Score 70 · Top 25%
Fair Value upside +51% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 1% · Below median
Net margin (TTM) 29% · Above median
Operating margin (TTM) 13% · Below median
Revenue growth 2% · Above median
Dividend yield (TTM) 5.8% · Above median
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 11.9× · Pricier than median
P/B 1.18× · Pricier than median
P/S (TTM) 4.51× · Cheaper than median
P/FCF 14.9× · Pricier than median
EV/EBITDA 18.6× · Pricier than 75% of peers
PEG 1.18× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 37
FUTURE 8 · sector 6
PAST 31 · sector 26
HEALTH 94 · sector 95
DIVIDEND 100 · sector 69

Insider activity: 30/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Aberdeen Group (ABDN) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of £3.79 versus a price of £2.50, about +51% (undervalued).
What is the fair value of ABDN?
Our model-based fair value for Aberdeen Group is £3.79 (as of Jul 20, 2026), built from audited fundamentals. The current price is £2.50.
What is the quality score of ABDN?
Aberdeen Group has a Quality Score of 68/100. 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 revenue of Aberdeen Group (ABDN)?
Aberdeen Group reported trailing-twelve-month revenue of about £1.3B (latest available figure, as of Jul 20, 2026).
What is the net profit margin of ABDN?
The net profit margin of Aberdeen Group is about 28.9%, meaning it keeps roughly 28.9% of revenue as net income. Based on the latest reported figures.
Does Aberdeen Group pay a dividend?
Aberdeen Group currently shows a dividend yield of about 5.98% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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