JHG vs JMM

Janus Henderson Group plc vs Nuveen Multi-Market Income Fund — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — JHG scores higher on quality with 9.2/10 vs JMM's 1.7/10. JHG trades at $51.75 while JMM trades at $5.82. Both analyzed daily using SEC EDGAR data across 13 institutional models.

JHG

Asset Management
Janus Henderson Group plc
Quality
9.2
out of 10
Value Trap
18
SAFE
Price
$51.75
Last close
Models
13/13
Active
VS

JMM

Asset Management
Nuveen Multi-Market Income Fund
Quality
1.7
out of 10
Value Trap
Price
$5.82
Last close
Models
8/13
Active
JHG
Bayesian DCF sees +75.1% upside
Limited to 2/13 visible models
JMM
2 models active
Quality 1.7/10 — below average

JHG vs JMM — Fair Value Comparison

JHG
$0$36$71$107 Price$51.75 Bayesian …$90.60 (+75.1%) Earnings …$24.60 (-52.5%)
JMM
$0$2$5$7 Price$5.82 Bayesian …$1.51 (-74.0%) Markov DDM$3.71 (-36.8%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType JHG Fair ValueJHG Upside JMM Fair ValueJMM Upside
Bayesian DCF Intrinsic $90.60 +75.1% $1.51 -74.0%
Earnings Power Value Intrinsic $24.60 -52.5%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $16.27 -68.6% $3.71 -36.8%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

JHG vs JMM — Which Stock Is More Undervalued in 2026?

JHG scores higher with a 9.2/10 quality rating vs JMM's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do JHG and JMM Valuations Compare?

At $51.75, JHG trades +75.1% below its Bayesian DCF fair value of $90.60, while JMM at $5.82 trades +74.0% above its estimate of $1.51. JHG shows a wider gap between price and intrinsic value.

Quality of Company: JHG vs JMM

JHG earns a Quality of Company score of 9.2/10 compared to JMM's 1.7/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: JHG vs JMM

Review the value trap analysis for both JHG and JMM to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both JHG and JMM operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

2 of 13 MODELS UNLOCKED

You’re comparing 2 models. 11 more have an opinion.

11 hidden models compare JHG vs JMM differently — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more. Some may disagree with the 2 you see above.

11 additional fair values per stock Full confidence breakdown Live terminal — 5,000+ stocks

Bloomberg Terminal: ~$2,000/mo  ·  FactSet: ~$1,000/mo  ·  CirclFi: $0.90/day

See All 13 Models — $0.90/day

We don’t predict prices. We show you what 13 independent mathematical frameworks say a stock is worth — and let you decide.

See all Asset Management stocks →