ARES Ares Management

capital_markets · 2026-10-28

N/A

fair · 64

Owner-earnings value$24.49

Price$122.19

Margin of safety -80.0%

Quality gate · 64/100

Returns on capital 17.4/30

Consistency 15.5/22

Margins / pricing power 15.4/16

Balance sheet 11.1/16

Cash conversion 5.0/10

Capital allocation 0/6

Median ROE12.7%

Gross margin55.8%

FCF conversion295%

Share count / yr+7.8%

Profitable years4/4

Moat & management

Owner-earnings inputs

Owner earnings (TTM)	636.35M
Owner-earnings yield	1.6%
Free-cash-flow yield	2.1%
Growth used (normalized)	8.0%
Terminal growth	3.0%
Discount rate (hurdle)	12.0%

⚠ financial — owner earnings ≈ net income · financial — valued by residual income (ROE vs cost of equity on book equity)

Date	Quality	Price	Value	MoS	Rating
2026-10-28	64	$122.19	$24.49	-80.0%	N/A
2026-09-21	64	$123.80	$24.71	-80.0%	N/A
2026-08-13	64	$142.35	$25.43	-82.1%	N/A
2026-07-07	64	$121.83	$25.29	-79.2%	N/A
2026-07-02	64	$113.63	$25.44	-77.6%	N/A
2026-06-30	69	$107.60	$25.59	-76.2%	STRONG SELL
2026-06-25	69	$113.87	$25.55	-77.6%	STRONG SELL
2026-06-23	69	$120.78	$25.41	-79.0%	STRONG SELL

Date

Quality

Price

Value

MoS

Rating

2026-10-28

$122.19

$24.49

-80.0%

N/A

2026-09-21

$123.80

$24.71

-80.0%

N/A

2026-08-13

$142.35

$25.43

-82.1%

N/A

2026-07-07

$121.83

$25.29

-79.2%

N/A

2026-07-02

$113.63

$25.44

-77.6%

N/A

2026-06-30

$107.60

$25.59

-76.2%

STRONG SELL

2026-06-25

$113.87

$25.55

-77.6%

STRONG SELL

2026-06-23

$120.78

$25.41

-79.0%

STRONG SELL

Quality gate · 64/100

Moat & management

Owner-earnings inputs

History