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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Australian Ethical InvestmentASX:AEF 96 Intrinsic Value: Projected FCF is A$2.86 as of Sep. 04, 2026. GuruFocus rates ASX:AEF with a GF Score™ of 96/100 and a GF Value™ of A$6.40 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,216 Asset Management companies, Australian Ethical Investment ranks worse than 80.51% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
The historical rank and industry rank for Australian Ethical Investment's Intrinsic Value: Projected FCF or its related term are showing as below:
ASX:AEF'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.47 Med: 2.19 Max: 7.34
Current: 1.47
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Australian Ethical Investment was 7.34. The lowest was 1.47. And the median was 2.19.
ASX:AEF's Price-to-Projected-FCF is ranked worse than 80.51% of 1216
companies
in the Asset Management industry
Industry Median: 0.9
vs ASX:AEF: 1.47
Australian Ethical Investment (ASX:AEF) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Australian Ethical Investment's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
4.21
/
2.8557392036303
=
1.47
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Australian Ethical Investment Intrinsic Value: Projected FCF Related Terms
Australian Ethical Investment Intrinsic Value: Projected FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Australian Ethical Investment Intrinsic Value: Projected FCF Chart
ASX:AEF vs BLK, BX, KKR: Intrinsic Value: Projected FCF Comparison
For the Asset Management subindustry, Australian Ethical Investment's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Australian Ethical Investment Price-to-Projected-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Australian Ethical Investment's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Australian Ethical Investment's Price-to-Projected-FCF falls into.
Australian Ethical Investment Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of A$2.86 mean?
Australian Ethical Investment (ASX:AEF) has a Intrinsic Value: Projected FCF of A$2.86 as of Sep. 04, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Australian Ethical Investment and its competitors. According to the industry distribution chart, Australian Ethical Investment ranks #979 out of 1216 companies in the Asset Management industry, placing it in the top 80.5%.
Is Australian Ethical Investment's Intrinsic Value: Projected FCF too high?
Australian Ethical Investment's current Intrinsic Value: Projected FCF is A$2.86. Based on the distribution chart, Australian Ethical Investment ranks #979 out of 1216 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Australian Ethical Investment has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Ethical Investment's Intrinsic Value: Projected FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Australian Ethical Investment ranks #979 out of 1216 companies for Intrinsic Value: Projected FCF. This places Australian Ethical Investment in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Asset Management company?
The median Intrinsic Value: Projected FCF among Asset Management companies is 0.90, based on 1,216 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Australian Ethical Investment and its competitors. For the Asset Management industry, the median Intrinsic Value: Projected FCF is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Ethical Investment's current Intrinsic Value: Projected FCF is A$2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Ethical Investment stock overvalued right now?
Based on GuruFocus' analysis, Australian Ethical Investment (ASX:AEF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$6.40, compared to a current price of A$4.21 — trading 34.2% below its estimated fair value. The current Intrinsic Value: Projected FCF is A$2.86. Australian Ethical Investment's overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Australian Ethical Investment (ASX:AEF), the current Intrinsic Value: Projected FCF is A$2.86 as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Australian Ethical Investment (ASX:AEF) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Ethical Investment stock appears to be undervalued.
The current stock price of A$4.21 is trading 34.2% below its estimated GF Value™ of A$6.40.
GuruFocus considers Australian Ethical Investment to be Significantly Undervalued.
Key valuation signals for ASX:AEF:
Intrinsic Value: Projected FCF: A$2.86
GF Value™: A$6.40 vs. price of A$4.21 (34.2% below fair value)
No single metric tells the full story. See the ASX:AEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Ethical Investment Ltd is an Australian-based company engaged in the operating segment of Funds Management. The company is involved in acting as the responsible entity for a range of public offer ethically managed investment schemes and acting as the Trustee of the Australian Ethical Retail Superannuation Fund (Super Fund). The various products offered by the company are Super, Managed funds, ETFs, Insurance, and Pension.
96GF Score
Get the complete analysis for ASX:AEF
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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