John Hancock Income Securities Trust (JHS) Fair Value 2026

JHS · Asset Management ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.0 /10

32 fundamental signals · 3 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-10-07, John Hancock Income Securities Trust (JHS) trades at $10.23, versus a $7.44 median fair value across its 3 active models — 27.2% below the current price. QOC: 5.0/10. Value Trap Risk: 0/100 (SAFE). 3/13 models active.

Key Facts

Ticker
JHS
Price
$10.23
Quality Score
5.0/10
Value Trap Risk
0/100
Models Active
3/13
Last Updated
Strength: Regime Cross-Sectional suggests +6.2% upside with 12% confidence
Risk: Below-average Quality Score of 5.0/10 signals weak fundamentals

Is John Hancock Income Securities Trust (JHS) Undervalued or Overvalued in 2026?

According to CirclFi’s 3-model valuation engine, John Hancock Income Securities Trust (JHS) appears overvalued as of : the median of 3 independent fair value estimates is $7.44, 27.2% below the current price of $10.23. Estimates range from $6.15 to $10.87. JHS scores 5.0/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -20.1% versus its own 13-model consensus, across 3,777 rated companies as of 2026-10-07. JHS’s -27.2% gap is wider than that market norm, and the Asset Management sector median is +3.7%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy John Hancock Income Securities Trust Stock in 2026? →

What Fair Value Does Each Model Give JHS?

3 Intrinsic Value Models vs. Current Price ($10.23)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Low Conviction
 $7.44 -27.2%
Relative · Low Conviction
 $10.87 +6.2%
Option-Based · Low Conviction
 $6.15 -39.9%

All Models Active

All 3 models are displayed above.

What Is JHS's Fair Value Range?

Spread across 3 independent models · $6.15 to $10.87

CirclFi's 3 active models place John Hancock Income Securities Trust (JHS) between $6.15 and $10.87 per share, a spread of 63% of the median. The median of that range — $7.44 — is the fair value CirclFi publishes for JHS, against a current price of $10.23.

Low · PWERMHigh · Regime Cross
$6.15median $7.44$10.87
Where the range comes from
Most bearish modelPWERM$6.15
Most bullish modelRegime Cross-Sectional$10.87
Model agreement1 bullish · 2 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on JHS, not a CirclFi price target. How each model works →

What Is John Hancock Income Securities Trust (JHS) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on John Hancock Income Securities Trust at its current price of $10.23. The median intrinsic value is estimated at $7.44 (-27.2% vs price), with 2 models flagging overvaluation risk. Notably, Regime Cross sees the most upside at +6.2% (fair value: $10.87), while PWERM is the most conservative at -39.9% ($6.15). The spread between these extremes — +46.1% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About JHS?

3 of 13 models are currently active for JHS. Of these, 1 model suggests upside while 2 models suggest overvaluation. Taken together, their median fair value for JHS is $7.44 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does JHS Rank in Asset Management?

Among 187 Asset Management stocks, JHS ranks #111 by Quality of Company score. CirclFi's QOC score of 5.0/10 evaluates 32 fundamental signals. A score of 5.0 reflects mixed fundamentals.

See all Most Undervalued Asset Management Stocks →

John Hancock Income Securities Trust operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is JHS a Value Trap?

CirclFi's Value Trap algorithm assigns JHS a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

3 of 13 models are active for John Hancock Income Securities Trust. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, John Hancock Income Securities Trust is rated at 5.0/10. This moderate-tier score shows mixed signals across our quality framework with notable weaknesses.

The gap between the most bullish and bearish model spans +46.1% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every JHS valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across JHS's 3 active models, average confidence is 12%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy John Hancock Income Securities Trust Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Asset Management Stocks Should You Also Analyze?

11 related Asset Management stocks with 13-model coverage

BGRBlackRock Energy and Resources TrustQOC 5.0RVTRoyce Small-Cap Trust, Inc.QOC 4.9TYTri-Continental CorporationQOC 5.0HQLAbrdn Life Sciences InvestorsQOC 4.9SORSource CapitalQOC 5.0PPTFranklin Premier Income TrustQOC 4.9DFDVDeFi Development Corp.QOC 3.9ARESAres Management CorporationQOC 8.0GSBDGoldman Sachs BDC, Inc.QOC 6.4HLNEHamilton Lane IncorporatedQOC 9.3AMPAmeriprise Financial, Inc.QOC 9.3

Read investment analysis: BGR · RVT · TY · HQL · SOR · PPT · DFDV · ARES · GSBD · HLNE · AMP

Which Other Stocks Have a Similar Quality Score to JHS?

7 companies across all industries closest to JHS’s Quality of Company score of 5.0/10.

FIPFTAI Infrastructure Inc.QOC 5.0ANROAlto Neuroscience, Inc.QOC 5.0FOXXFoxx Development Holdings Inc.QOC 5.0LCFYLocafy LimitedQOC 5.0LIMXLimitless X Holdings Inc.QOC 5.0LUNRIntuitive Machines, Inc.QOC 5.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: FIP · ANRO · FOXX · LCFY · LIMX · LUNR · NVDA

Where Does JHS Sit in CirclFi's Asset Management Rankings?

JHS is ranked against every other Asset Management stock CirclFi covers in each of these screens.

See all Asset Management stocks ranked →

What Else Do Investors Ask About John Hancock Income Securities Trust’s Valuation?

What is John Hancock Income Securities Trust's intrinsic value in 2026?

CirclFi puts John Hancock Income Securities Trust (JHS)'s intrinsic value at $7.44 — the median of 3 independent model estimates as of 2026-10-07, ranging from $6.15 to $10.87. The Quality of Company score is 5.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is JHS overvalued or undervalued right now?

At $10.23, 1 of 3 active models suggest JHS may be undervalued, while 2 indicate potential overvaluation. The median of all 3 fair value estimates is $7.44, 27.2% below the current price of $10.23 — a consensus view that JHS is overvalued. The assessment depends on which methodology best fits John Hancock Income Securities Trust's business model in Asset Management.

What does a Quality of Company score of 5.0 mean for JHS?

John Hancock Income Securities Trust's QOC of 5.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on JHS?

CirclFi analyzes JHS with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 3 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on JHS?

Of the 3 models currently active on JHS, Regime Cross-Sectional is the most bullish at $10.87 per share, and PWERM is the most bearish at $6.15. CirclFi's published fair value for JHS is the median of that range, $7.44, not either extreme. The gap between the two ends equals 63% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is JHS a value trap in 2026?

John Hancock Income Securities Trust's Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 3-model valuation engine, John Hancock Income Securities Trust (JHS) has a median fair value of $7.44 — 27.2% below the current price of $10.23 — as of 2026-10-07.” Source: circlfi.com/stock/JHS/ · Methodology
Primary sources for this JHS valuation

Market data for JHS as of ; valuations recomputed .