Is MGRD or NOAH more undervalued in 2026?

CirclFi compares Affiliated Managers Group, Inc. (MGRD) and Noah Holdings Limited (NOAH) using 13 institutional-grade valuation models. MGRD has a Quality of Company score of 7.9/10 while NOAH scores 8.2/10.

Which is a better buy — MGRD or NOAH?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do MGRD and NOAH valuations compare?

MGRD at $15.07 and NOAH at $10.57 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

MGRD vs NOAH Valuation Comparison 2026 — Intrinsic Value Analysis

MGRD

Investment Advice

Affiliated Managers Group, Inc.

Quality

7.9

out of 10

Value Trap

—

Price

$15.07

Last close

Models

3/13

Active

NOAH

Investment Advice

Noah Holdings Limited

Quality

8.2

out of 10

Value Trap

LOW

Price

$10.57

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	MGRD Fair Value	MGRD Upside	NOAH Fair Value	NOAH Upside
Bayesian DCF	Intrinsic	—	—	$24.45	+131.3%
Earnings Power Value	Intrinsic	—	—	$22.47	+112.6%
EROIC Spread	Intrinsic	$86.70	+475.3%	$20.72	+96.0%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$0.42	-97.2%	—	—
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	$•••.••	••.•%	$•••.••	••.•%

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MGRD vs NOAH — Which Stock Is More Undervalued?

NOAH scores higher with a 8.2/10 quality rating vs MGRD's 7.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Affiliated Managers Group, Inc. (MGRD) and Noah Holdings Limited (NOAH) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

MGRD currently trades at $15.07 with a QOC of 7.9/10, while NOAH trades at $10.57 with a QOC of 8.2/10.

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 Topology), and ensemble methods (CUCE).