Market Pulse44Neutral

Apollo Global Management, Inc.Opportunity Rank #28(APO) Intrinsic Value & DCF Analysis (2026)

Current Price

$135.21

Last updated: Jun 23, 2026

Price vs Intrinsic Value

$135.21
Price
$617.18
Intrinsic Value
Undervalued by 356%MOS: $493.74

Fundamental Score

86/100
Bullish

Weighted across 6 signals

Narrative Score

60/100
Improving

-2 vs previous

Trend Score

61/100
Constructive

As of 2026-06-22

The intrinsic value of Apollo Global Management, Inc. (APO) is estimated at $617.18 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $135.21, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes an 8.26% long-term growth rate and a 9.26% discount rate, reflecting expected future free cash flow and cost of capital.

The intrinsic value of Apollo Global Management, Inc. (APO) is estimated at $617.18 per share based on a 10-year discounted cash flow (DCF) analysis. At the current price of $135.21, the stock appears undervalued relative to its projected cash flow fundamentals. This estimate assumes an 8.26% long-term growth rate and a 9.26% discount rate, reflecting expected future free cash flow and cost of capital.

Valuation Details

$617.18
356.46% upside
20% margin of safety: $493.74
Years: 10Growth Rate: 8.26%
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Fundamental Details

86/100
BullishWeighted across 6 signals
DCF Discount
356.5% discount to price
100
FCF Yield
7.7% trailing FCF yield
100
ROIC vs WACC
ROIC vs WACC unavailable
50
Net Debt / FCF
Net cash position
100
Buybacks
Share count shrinking
80
FCF CAGR (5Y)
496.7% 5Y FCF CAGR (adjusted)
100
Strengths lead the score: DCF Discount, FCF Yield.

Narrative Details

60/100
Improving
-2 vs previous · +2 new driversVs 6-Month Baseline:Average (43rd pct)Weighted across 6 recent drivers
Trend: Deteriorating downConfidence: 97%Updated: 42m ago
Sources: 124 (114 News · 10 Analyst)
Drivers(last 30 days)
65 news sentiment+1.2
8 regulatory scrutiny-0.2
39 legal risk-0.0
Earnings miss-0.0
Earnings beat+0.0
10 analyst reiterations0.0

Trend Details

61/100
ConstructiveAs of 2026-06-22308 daily bars used
6M Relative Strength vs SPY-18.5%
Distance from 52-Week High-13.4%
3M Relative Strength vs SPY+5.9%
Price vs 21 EMA62 · +1.9%
Price vs 50 EMA73 · +5.0%
21 EMA vs 50 EMA73 · +3.0%
3M RS vs SPY73 · +5.9%
6M RS vs SPY11 · -18.5%
Distance from 52W High73 · -13.4%

Investment Coach

Updating... 12d ago
BUYConfidence: 65%
Thesis
Apollo Global Management, Inc. is undervalued with an estimated fair value 85.6% above its current price, supported by a strong fundamental score of 73 and a healthy free cash flow yield of 7.9%. Despite trailing returns relative to its cost of capital, the company's significant free cash flow growth and buybacks present a compelling investment opportunity.
Key Risk
The company's return on invested capital is significantly below its weighted average cost of capital, indicating potential value destruction.
Signals To Watch
  • Monitor whether valuation discount remains above 10%.
  • Track ROIC vs WACC spread for sustained improvement.
  • Follow narrative trend for meaningful shifts in the score direction.
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Historical Growth Rates
Free Cash Flow- - -Trend CAGR: 8.26%5 Year CAGR: 39.69%

Free Cash Flow (in millions)

TTM20252024202320222021202020192018201720162015201420132012201120102009200820072006
$6,004$7,452$3,253$6,322$3,992$1,129-$1,557$1,122$829$817$622$589-$367$1,033$277$765-$212$124$210$863-$1,818

How Intrinziq Estimates Fair Value

Intrinziq estimates Apollo Global Management, Inc.'s intrinsic value using a discounted cash flow (DCF) model based on free cash flow trends and a market-based discount rate. The model projects future cash flows over ten years and discounts them using a market return assumption to estimate fair value.

Apollo Global Management, Inc.Financial Services

Apollo Global Management, Inc. operates as a prominent investment management firm, primarily concentrating its efforts across credit, private equity, and real estate asset classes. Within its private equity division, Apollo engages in a broad spectrum of transactions, ranging from traditional management buyouts, recapitalizations, and distressed acquisitions to corporate carve-outs, growth capital infusions, turnaround financing, bridge loans, strategic acquisitions, and industry consolidation initiatives. This also includes debt investments in real estate and corporate partnerships, along with investments in distressed assets and special situations within the middle market. Its client base is diverse, encompassing sovereign wealth and endowment funds, as well as various other institutional and private investors. The firm constructs and oversees bespoke portfolios for clients and actively manages a suite of investment vehicles, including hedge funds, real estate funds, and private equity funds. Globally, Apollo also deploys capital in fixed income and alternative investment markets. Its fixed income strategies span a wide array, featuring income-oriented senior secured loans, corporate bonds, collateralized loan obligations (CLOs), structured credit products, opportunistic and non-performing loans, distressed debt, mezzanine financing, and other value-oriented fixed income instruments. Apollo seeks investment opportunities across numerous sectors, such as chemicals, energy (including oil, gas, natural resources), metals and mining, agriculture, consumer and retail, distribution and transportation, financial and business services, manufacturing and industrial, media (distribution, cable, entertainment), telecommunications, technology, packaging and materials, and satellite and wireless communications. Geographically, the firm targets investments in Africa, North America (with a strong emphasis on the United States), and Europe, while also making significant inroads into Western Europe and Asia. Its investment methodology combines contrarian insights with a rigorous focus on intrinsic value and distressed situations. Apollo typically commits equity capital ranging from $10 million to $1.5 billion per transaction, generally pursuing companies with an enterprise value between $750 million and $2.5 billion. Proprietary in-house research underpins its investment selection process. The firm is open to acquiring both minority and controlling stakes in its portfolio companies. Established in 1990 and headquartered in New York, New York, Apollo maintains additional offices across North America, Asia, and Europe to support its global operations.