NYSE: EQH · Asset Management
Equitable Holdings (EQH) fair value: undervalued or overvalued?
As of 31 Oct 2026, Faircurve's model values Equitable Holdings (EQH) at $63.09 a share. The stock last closed at $52.91, which puts the model's fair value 19.2% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 5 Nov 2026. Equitable Holdings, Inc.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $62.05 to $63.09 (+1.7%). The multiple the model anchors on moved, lifting the fair value: most of the move.
What the model makes of itThe price of $52.91 is 19.2% below it: Undervalued, on a medium evidence grade.
What's nextNext report on 3 Feb 2027. Options prices imply a move of about 13% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give EQH?
The calibrated range for EQH over 63 trading days is $46.50 to $62.00. It sits around the last close, and its width comes from the volatility that EQH's own options imply (43% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $60.73 to $65.74. In 100% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
Equitable Holdings, Inc. operates as a global, diversified financial services enterprise, delivering its offerings through four primary divisions.
On 31 Oct 2026, Faircurve's model set the fair value of Equitable Holdings at $63.09 a share, the midpoint of 2,000 simulations. The previous run, on 24 Oct 2026, gave $62.05, so the fair value moved +1.7%. In the model's own words, the multiple it anchors on moved, lifting the fair value: most of the move. The calibrated range over 63 trading days is $51.10 to $62.96. Ranges built this way held the price 60% of the time at this horizon, based on 6,661 past valuations refreshed on the same date. The evidence grade is Medium. It covers input completeness, the number of comparable companies and how closely they agree, and the spread of outcomes. It does not say whether the fair value is right.
Equitable Holdings scores 46 out of 100 on overall quality, against comparable companies. Capital discipline scores 81, with net buybacks at 10.8% of market value against a peer median of 5.2%. Profitability scores 23, with ROIC at 4.3% against a peer median of 14.4%. The model compares the company with Franklin Resources, SEI Investments, Invesco, Affiliated Managers Group, T. Rowe Price and Principal Financial Group.
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does EQH report earnings, and how has the stock reacted?
Equitable Holdings's next earnings report is scheduled for 3 Feb 2027. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 7.2% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. EQH's 30 day implied volatility works out to about 12.5% over one month.
On 5 Nov 2026 EQH moved 5.7% in one session, against the 2.0% a day that options had priced: 2.9 times the implied size.
Around its last 2 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across EQH's last 8 reports, ignoring direction, was 3.1%.
Earlier reports are left out: the options record before 23 Sep 2026 is not comparable.
How does EQH score on business quality?
Equitable Holdings's overall quality score is 46 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 23 | 4.3%ROIC | 14.4% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 52 | ||
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 52 | -6.2%Revenue growth, trailing | 6.5% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 81 | 10.8%Net buybacks / market value | 5.2% |
| Balance sheetNet debt to EBITDA and interest coverage. | 74 | -25.76xNet debt / EBITDA | -0.49x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 31 | 11.2 ptsEBITDA margin downside volatility, 5y | 16.3 pts |
How does EQH compare with similar companies?
The companies in asset management closest to Equitable Holdings in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| CG The Carlyle Group Inc. | $39.96 | $33.13 | -17.1% | Low evidence grade |
| BEN Franklin Resources, Inc. | $32.21 | $28.83 | -10.5% | Fairly valued |
| SEIC SEI Investments Company | $105.18 | $102.42 | -2.6% | Fairly valued |
| IVZ Invesco Ltd. | $27.08 | $31.81 | +17.5% | Undervalued |
| AMG Affiliated Managers Group, Inc. | $350.54 | $511.49 | +45.9% | Undervalued |
| TROW T. Rowe Price Group, Inc. | $108.71 | $125.72 | +15.6% | Undervalued |
| PFG Principal Financial Group, Inc. | $112.82 | $108.00 | -4.3% | Fairly valued |
| NTRS Northern Trust Corporation | $171.39 | $153.00 | -10.7% | Low evidence grade |
What the comparable companies' multiples alone would give for EQH, the peer-implied price, is $141.55 a share on this run. The fair value weighs that against the company's own multiple.
Equitable Holdings at a glance
Equitable Holdings, Inc. operates as a global, diversified financial services enterprise, delivering its offerings through four primary divisions.
- Market value
- $14.7B
- Sector
- Financial Services
- Industry
- Asset Management
- Revenue expected, next twelve months
- $17.1B
- Consensus revenue growth, next fiscal year
- +34.3%
- Analysts with estimates
- 8
- Beta to the US market
- 1.11
- First valued by Faircurve
- 11 Jul 2026
At the close of 5 Nov 2026, 56.0% of the 1,065 graded US stocks the model covers traded below the model's fair value. EQH was among them.
How the fair value is worked out: the model prices Equitable Holdings on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for EQH was $62.05. As of 31 Oct 2026 it is $63.09, a change of +1.7%. The multiple the model anchors on moved, lifting the fair value: most of the move. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Equitable Holdings's valuation
Is Equitable Holdings stock undervalued or overvalued?
On Faircurve's model, EQH reads as Undervalued as of 31 Oct 2026. The model's fair value is $63.09 a share against a last close of $52.91, a gap of +19.2%.
What is EQH's fair value?
$63.09 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $60.73 to $65.74.
What price range does the model give EQH?
$46.50 to $62.00 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does Equitable Holdings report earnings next?
The next report is scheduled for 3 Feb 2027. Companies can move their dates.
How much has EQH moved on past earnings reports?
Across its last 8 reports the median two session move was 3.1%, ignoring direction. The largest was -7.3% around the report of 4 Nov 2025.
How confident is the model in this valuation?
The model's evidence grade for EQH is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on EQH
The model holds no idea open on EQH today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on EQH with their outcomes. A free account is enough.