Stock fact sheet · data as of
Air T, Inc. (AIRTP): fair value, margin of safety and Wheel Score
Industrials · Conglomerates · United States · Speculative / Distressed
Is AIRTP undervalued?
AIRTP has a margin of safety of 97%: the stock closed at 18.89 on 16 Oct 2026 against a GLS average fair value of 673.71. 6 of the 6 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The 6 models disagree widely: Graham Number gives 113.49 while DCF gives 1,613.40. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files AIRTP under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for AIRTP
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 1,613.40 | +8441% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 113.49 | +501% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 857.03 | +4437% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 374.58 | +1883% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 917.27 | +4756% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 166.48 | +781% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -36.63 | -294% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: AIRTP passes 2 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 4.6 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are high - ROIC 25.6%, ROE 97.7%, ROA 19.1% - with debt at 2.82 times equity and negative free cash flow. Debt of 2.82 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
Air T, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Overnight Air Cargo 53%, Commercial Jet Engines Inventory 36%, Ground Equipment Sales 7% (quarter Q1 FY2027).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | 25.6% |
|---|---|---|---|
| GLS Moat | 4.6 / 10 | ROE | 97.7% |
| Debt / equity | 2.82 | ROA | 19.1% |
| Free-cash-flow yield | -61.9% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
AIRTP has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 1k shares a day on a market cap of $81M, with a beta of 0.24 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 97% margin of safety | |
| Health | 4 / 20 | Piotroski 2/9 | |
| Moat | 7 / 15 | moat 4.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 1k shares/day, $81M cap, beta 0.24 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for AIRTP in the nightly calendar. The shares go ex-dividend on 13 Nov 2026 (0.5000 per share), so a covered call sold before then carries a small early-assignment risk around that date.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Conglomerates
The 12 companies below are the closest to Air T, Inc. by market cap within the Conglomerates industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AIRT Air T, Inc. | 29.84 | 897.40 | +97% | 39No options | $80M |
| CFSU Complete Financial Solutions, Inc. | 0.1150 | - | - | 32No options | $109M |
| APTL Alaska Power & Telephone Company | 91.60 | 51.25 | -79% | 26No options | $118M |
| BBXIB BBX Capital, Inc. | 5.00 | 14.71 | +66% | 37No options | $55M |
| BBXIA BBX Capital, Inc. | 3.75 | 14.71 | +75% | 37No options | $52M |
| TUSK Mammoth Energy Services, Inc. | 2.71 | 0.8281 | -227% | 34Weak | $130M |
| STRRP Star Equity Holdings, Inc. | 9.11 | - | - | 31No options | $38M |
| ATVK Ameritek Ventures, Inc. | 4.01 | 0.7352 | -445% | 18No options | $37M |
| STRR Star Equity Holdings, Inc. | 9.83 | - | - | 24No options | $36M |
| CBRF Cyberfuels Holding Company Inc. | 0.2400 | - | - | 26No options | $26M |
| GPUS Hyperscale Data, Inc. | 0.1451 | - | - | 28No options | $25M |
| RCMT RCM Technologies, Inc. | 38.71 | 44.72 | +13% | 39No options | $275M |
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Start free See the Sunday ScanQuestions about AIRTP
Is AIRTP undervalued right now?
By the GLS models, yes: at 18.89 the stock is 97% below the average fair value of 673.71 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of AIRTP and what does it mean?
AIRTP has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for AIRTP?
673.71 per share as of 16 Oct 2026 - the simple average of the 6 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Air T, Inc. report earnings next?
No upcoming earnings date is recorded for AIRTP in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does AIRTP have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on AIRTP, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.