ABX

Abacus Global Management, Inc.

64
Fundamentals77/ 100
Valuation50/ 100
Upside potential61/ 100
Risk potential26/ 100

ABX has the edge over JPM overall, supported by stronger valuation and stronger fundamentals.

JPM

JPMorgan Chase & Co.

57
Fundamentals65/ 100
Valuation38/ 100
Upside potential68/ 100
Risk potential10/ 100

JPM has lower modeled downside risk, despite its lower overall score.

ABX Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

ABX's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like ABX.

JPM Fundamentals

MetricStatus
Healthy
Strong
N/A
N/A

JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.

ABX PE Valuation

CHEAPFAIREXPENSIVE137x275x412x549x
CHEAPFAIREXPENSIVE137x275x412x549x
LevelPEPriceVs current
Forward7.7x$8.78—
Cheap25x$6.77-23%
Fair32x$8.54-2.7%
Current33x$8.78—
Expensive209x$56.46+543%

Historical ranges are pointers, not guarantees.

ABX has the edge over JPM in the historical PE scenario, which offers more potential upside but is not a forecast.

JPM PE Valuation

CHEAPFAIREXPENSIVE5.0x10x15x20x
CHEAPFAIREXPENSIVE5.0x10x15x20x
LevelPEPriceVs current
Cheap9.7x$231-33%
Fair12x$287-16%
Current14x$343—
Forward14x$343—
Expensive15x$361+5.2%

Historical ranges are pointers, not guarantees.

JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.

ABX Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Stable
Limited
Moderate

Analysts expect strong earnings and revenue growth for ABX, with profitability holding steady.

JPM Forward outlook

MetricOutlook
Stable
Growth
Growth
Improving
Limited
Moderate

Analysts expect earnings and revenue growth for JPM, with profitability improving.

ABX Risk to reward

ScenarioChangePrice
Upside+41%$12.38
Downside-26%$6.50

Calculated from the latest close: $8.78 on Nov 12.

ABX trails JPM on modeled risk to reward, with less potential upside relative to its potential downside.

JPM Risk to reward

ScenarioChangePrice
Upside+20%$412.26
Downside-10%$310.03

Calculated from the latest close: $342.82 on Nov 12.

JPM has a better modeled risk to reward balance than ABX, with more potential upside relative to its potential downside.

ABX Earnings Per Share

Q1 2024: $-0.02Q2 2024: $-0.14Q3 2024: $-0.22Q4 2024: $-0.34Q1 2025: $-0.27Q2 2025: $-0.10Q3 2025: $0.04Q4 2025: $0.36Q1 2026: $0.38Q2 2026: $0.27Forward: $1.14
Q1 2024: $-0.02Q2 2024: $-0.14Q3 2024: $-0.22Q4 2024: $-0.34Q1 2025: $-0.27Q2 2025: $-0.10Q3 2025: $0.04Q4 2025: $0.36Q1 2026: $0.38Q2 2026: $0.27Forward: $1.14
QuarterTTM EPSYoY
Forward$1.14+324%
Q2 2026$0.27+$0.37
Q1 2026$0.38+$0.65
Q4 2025$0.36+$0.70
Q3 2025$0.04+$0.26
Q2 2025-$0.10+$0.04
Q1 2025-$0.27-$0.25

ABX has returned to profit: it earned $0.27 per share over the past year, after losing money the year before.

JPM Earnings Per Share

Q4 2023: $16.23Q1 2024: $16.57Q2 2024: $17.94Q3 2024: $17.98Q4 2024: $19.75Q1 2025: $20.38Q2 2025: $19.50Q3 2025: $20.20Q4 2025: $20.02Q1 2026: $20.89Q2 2026: $23.35Q3 2026: $23.85Forward: $24.99
Q4 2023: $16.23Q1 2024: $16.57Q2 2024: $17.94Q3 2024: $17.98Q4 2024: $19.75Q1 2025: $20.38Q2 2025: $19.50Q3 2025: $20.20Q4 2025: $20.02Q1 2026: $20.89Q2 2026: $23.35Q3 2026: $23.85Forward: $24.99
QuarterTTM EPSYoY
Forward$24.99+4.8%
Q3 2026$23.85+18%
Q2 2026$23.35+20%
Q1 2026$20.89+2.5%
Q4 2025$20.02+1.4%
Q3 2025$20.20+12%
Q2 2025$19.50+8.7%
Q1 2025$20.38+23%
Q4 2024$19.75+22%

JPM has the edge over ABX on earnings, with more consistent year-over-year improvement.

ABX Quarterly Revenue

Q3 2023: $21MQ4 2023: $24MQ1 2024: $21MQ2 2024: $29MQ3 2024: $28MQ4 2024: $33MQ1 2025: $44MQ2 2025: $56MQ3 2025: $63MQ4 2025: $72MQ1 2026: $59MQ2 2026: $73M
Q3 2023: $21MQ4 2023: $24MQ1 2024: $21MQ2 2024: $29MQ3 2024: $28MQ4 2024: $33MQ1 2025: $44MQ2 2025: $56MQ3 2025: $63MQ4 2025: $72MQ1 2026: $59MQ2 2026: $73M
QuarterRevenueYoY
Q2 2026$73M+30%
Q1 2026$59.4M+35%
Q4 2025$71.9M+116%
Q3 2025$63M+124%
Q2 2025$56.2M+93%
Q1 2025$44.1M+105%
Q4 2024$33.2M+40%
Q3 2024$28.1M+33%

ABX has the edge over JPM on sales, with more consistent year-over-year improvement.

JPM Quarterly Revenue

Q4 2023: $38.6BQ1 2024: $41.9BQ2 2024: $50.2BQ3 2024: $42.7BQ4 2024: $42.8BQ1 2025: $45.3BQ2 2025: $44.9BQ3 2025: $46.4BQ4 2025: $45.8BQ1 2026: $49.8BQ2 2026: $57.3BQ3 2026: $50.2B
Q4 2023: $38.6BQ1 2024: $41.9BQ2 2024: $50.2BQ3 2024: $42.7BQ4 2024: $42.8BQ1 2025: $45.3BQ2 2025: $44.9BQ3 2025: $46.4BQ4 2025: $45.8BQ1 2026: $49.8BQ2 2026: $57.3BQ3 2026: $50.2B
QuarterRevenueYoY
Q3 2026$50.2B+8.1%
Q2 2026$57.3B+28%
Q1 2026$49.8B+10%
Q4 2025$45.8B+7.1%
Q3 2025$46.4B+8.8%
Q2 2025$44.9B-11%
Q1 2025$45.3B+8.1%
Q4 2024$42.8B+11%

JPM's revenue has grown year over year for five quarters in a row: $50.2B last quarter, up 8.1% from the same quarter a year ago.

ABX Free Cash Flow

Q3 2023: --Q4 2023: −$13MQ1 2024: $2MQ2 2024: −$67MQ3 2024: −$53MQ4 2024: −$92MQ1 2025: −$62MQ2 2025: $76MQ3 2025: −$33MQ4 2025: −$8MQ1 2026: $92MQ2 2026: $38M
Q3 2023: --Q4 2023: −$13MQ1 2024: $2MQ2 2024: −$67MQ3 2024: −$53MQ4 2024: −$92MQ1 2025: −$62MQ2 2025: $76MQ3 2025: −$33MQ4 2025: −$8MQ1 2026: $92MQ2 2026: $38M
QuarterFree cash flowYoY
Q2 2026$38.4M-49%
Q1 2026$91.6M+$153.4M
Q4 2025-$7.6M+$84.6M
Q3 2025-$32.9M+$19.6M
Q2 2025$75.7M+$142.7M
Q1 2025-$61.8M-3036%
Q4 2024-$92.2M-$78.7M
Q2 2024-$67M-$29.1M

ABX has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.

JPM Free Cash Flow

Q4 2023: $60.2BQ1 2024: −$154BQ2 2024: $38.5BQ3 2024: −$74.1BQ4 2024: $148BQ1 2025: −$252BQ2 2025: $29.5BQ3 2025: −$45.2BQ4 2025: $120BQ1 2026: −$212BQ2 2026: −$25.3BQ3 2026: $33.2B
Q4 2023: $60.2BQ1 2024: −$154BQ2 2024: $38.5BQ3 2024: −$74.1BQ4 2024: $148BQ1 2025: −$252BQ2 2025: $29.5BQ3 2025: −$45.2BQ4 2025: $120BQ1 2026: −$212BQ2 2026: −$25.3BQ3 2026: $33.2B
QuarterFree cash flowYoY
Q3 2026$33.2B+$78.4B
Q2 2026-$25.3B-186%
Q1 2026-$211.8B+$40.1B
Q4 2025$119.7B-19%
Q3 2025-$45.2B+$28.9B
Q2 2025$29.5B-23%
Q1 2025-$251.8B-$97.7B
Q4 2024$147.8B+145%

JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.

ABX Total Shares

Q3 2023: 63MQ4 2023: 58MQ1 2024: 63MQ2 2024: 67MQ3 2024: 75MQ1 2025: 97MQ2 2025: 97MQ3 2025: 97MQ4 2025: 99MQ1 2026: 100MQ2 2026: 98M
Q3 2023: 63MQ4 2023: 58MQ1 2024: 63MQ2 2024: 67MQ3 2024: 75MQ1 2025: 97MQ2 2025: 97MQ3 2025: 97MQ4 2025: 99MQ1 2026: 100MQ2 2026: 98M
PeriodChange %Net change
Quarterly-1.1%-1.1M shares
1 year+1.1%+1.1M shares
3 years+128%+55.3M shares

ABX has 98M diluted shares, up 1.1% from a year ago, despite $33M in buybacks over the past year.

JPM Total Shares

Q4 2023: 2.9BQ1 2024: 2.9BQ2 2024: 2.9BQ3 2024: 2.9BQ4 2024: 2.9BQ1 2025: 2.8BQ2 2025: 2.8BQ3 2025: 2.8BQ4 2025: 2.8BQ1 2026: 2.7BQ2 2026: 2.7BQ3 2026: 2.7B
Q4 2023: 2.9BQ1 2024: 2.9BQ2 2024: 2.9BQ3 2024: 2.9BQ4 2024: 2.9BQ1 2025: 2.8BQ2 2025: 2.8BQ3 2025: 2.8BQ4 2025: 2.8BQ1 2026: 2.7BQ2 2026: 2.7BQ3 2026: 2.7B
PeriodChange %Net change
Quarterly-0.4%-11.2M shares
1 year-3.1%-84.6M shares
3 years-8.5%-249M shares
5 years-11%-322M shares
Available history-17%-547M shares

JPM has the edge over ABX on shareholder dilution, with a more favorable share count trend.

ABX Net Leverage

Q1 2024: -2.1xQ2 2024: -3.8xQ3 2024: -0.2xQ4 2024: -18.7xQ1 2025: -1.5xQ2 2025: -1.5xQ3 2025: 4.9xQ4 2025: 3.4xQ1 2026: 2.8xQ2 2026: 3.0x
Q1 2024: -2.1xQ2 2024: -3.8xQ3 2024: -0.2xQ4 2024: -18.7xQ1 2025: -1.5xQ2 2025: -1.5xQ3 2025: 4.9xQ4 2025: 3.4xQ1 2026: 2.8xQ2 2026: 3.0x
QuarterNet LeverageStatus
Q2 20263.0xElevated
Q1 20262.8xModerate
Q4 20253.4xElevated
Q3 20254.9xHigh
Q2 2025-1.5xNet Cash
Q1 2025-1.5xNet Cash
Q4 2024-18.7xNet Cash
Q3 2024-0.2xNet Cash

ABX's net debt is about 3.0 years of its operating earnings (EBITDA), after holding more cash than debt a year ago. Net leverage isn't a meaningful measure for financial services companies like ABX.

JPM Net Leverage

Q4 2023: 0.2xQ1 2024: 0.3xQ2 2024: 0.3xQ3 2024: 0.4xQ4 2024: 0.4xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.6xQ4 2025: 0.5xQ1 2026: 0.6xQ2 2026: 0.5xQ3 2026: 0.5x
Q4 2023: 0.2xQ1 2024: 0.3xQ2 2024: 0.3xQ3 2024: 0.4xQ4 2024: 0.4xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.6xQ4 2025: 0.5xQ1 2026: 0.6xQ2 2026: 0.5xQ3 2026: 0.5x
QuarterNet LeverageStatus
Q3 20260.5xVery low
Q2 20260.5xVery low
Q1 20260.6xVery low
Q4 20250.5xVery low
Q3 20250.6xVery low
Q2 20250.5xVery low
Q1 20250.5xVery low
Q4 20240.4xVery low

JPM has the edge over ABX on leverage, with a lower net debt burden relative to earnings.

ABX Weekly Momentum

MetricValueStatus
RSI48.3Neutral
Stochastic35.8Neutral

ABX's weekly RSI is 48 (neutral) and its Stochastic is 36 (neutral).

JPM Weekly Momentum

MetricValueStatus
RSI54.8Neutral
Stochastic31.5Neutral

JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).

ABX PE vs Financial Services Sector

MetricABXSector medianRelative
PE33x13x150% above
PE %53629 pts below

ABX is trading at 33x earnings, a 150% premium to the Financial Services sector's median of 13x.

JPM PE vs Financial Services Sector

MetricJPMSector medianRelative
PE14x13x10% above
PE %766313 pts above

JPM has the edge over ABX on valuation relative to its sector.

ABX Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$8.365% above
20 week MA$9.356.1% below
50 week MA$8.972.1% below
100 week MA$7.9011% above
200 week MA$8.720.7% above

ABX's trend is mixed: it's above three of its five weekly moving averages, and 0.7% above its 200-week average.

JPM Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$336.81.8% above
20 week MA$345.30.7% below
50 week MA$323.26.1% above
100 week MA$298.915% above
200 week MA$236.645% above

JPM has the edge over ABX on trend strength, trading above more of its moving averages.

ABX Yearly ROI

YearStart priceEnd priceROI
2020$9.76$9.98+2.3%
2021$9.98$9.86-1.2%
2022$9.86$10.1+2.5%
2023$10.1$9.66-4.5%
2024$9.66$7.75-20%
2025$7.75$8.50+9.7%
2026 YTD$8.50$8.78+3.3%

ABX has finished lower in three of the last six years. It's up 3.3% so far in 2026.

JPM Yearly ROI

YearStart priceEnd priceROI
2020$139.1$124.5-11%
2021$124.5$157.3+26%
2022$157.3$131.3-17%
2023$131.3$170.1+30%
2024$170.1$241.2+42%
2025$241.2$327.9+36%
2026 YTD$327.9$342.8+4.5%

JPM has the edge over ABX on returns for 2026, with the stronger performance.

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