Stock fact sheet · data as of
Airship AI Holdings, Inc. (AISP): fair value, margin of safety and Wheel Score
Ticker symbol AISP · Technology · Software - Infrastructure · United States · Class A common stock · Value
AISP is Airship AI Holdings, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is AISP undervalued?
AISP has a margin of safety of 92%: the stock closed at 1.85 on 5 Nov 2026 against a GLS average fair value of 23.92. 4 of the 5 valuation models that produced a number sit above the price. Our scans 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.
There is a wide gap between DCF (1.83) and GLS Growth (46.66). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, AISP is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 95, growth score 44, out of 100).
Nine valuation models for AISP
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 | 1.83 | -1% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | 43.59 | +2256% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 19.05 | +930% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 46.66 | +2422% | 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 | 8.47 | +358% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.2357 | -113% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 6.50 | +251% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Airship AI Holdings, Inc. scores only 4 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 2.1/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -466.5%, ROE -410.1%, ROA 150.6% - with debt at -0.12 times equity and negative free cash flow.
Airship AI Holdings, 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 Other Service 100% (fiscal year FY2025).
Institutional ownership scores 2/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | -466.5% |
|---|---|---|---|
| GLS Moat | 2.1 / 10 | ROE | -410.1% |
| Debt / equity | -0.12 | ROA | 150.6% |
| Free-cash-flow yield | -5.5% | Payout ratio | 0% |
| Institutions | 2 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 27: Weak
With a Wheel Score of 27 Airship AI Holdings, Inc. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (3,024 open interest, 62 a day); and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 5, can repay its debt - debt with no positive cash flow to repay it; and filter 7, a premium worth selling - implied volatility 169% (over 80%); and filter 8, big enough - market cap $64M (under $1.0B); and filter 9, not a penny stock - price 1.85 (under $5); Premium (weak) is its weakest part.
Implied volatility is 169%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is 3,024 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 668k shares a day on a market cap of $64M, with a beta of 0.64 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | options too quiet (3,024 open interest, 62 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | implied volatility 169% (over 80%) |
| 8 | Big enough | Fails | market cap $64M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 1.85 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 92% below fair value | |
| Premium | Weak | implied volatility 169% | |
| Moat | Weak | moat 2.1/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Fair | Red Flags score 70/100 | |
| Option trading | Weak | 62 contracts a day, 3,024 open interest | |
| Stability | Fair | beta 0.64, $64M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Airship AI Holdings, Inc. reports earnings on 13 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Infrastructure
The 12 companies below are the closest to Airship AI Holdings, Inc. by market cap within the Software - Infrastructure 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 |
|---|---|---|---|---|---|
| VERI Veritone, Inc. | 0.5646 | - | - | 9Weak | $57M |
| WETO Wetour Robotics Limited | 0.8689 | - | - | 10No options | $71M |
| FATN FatPipe, Inc. | 5.10 | 13.33 | +62% | 28No options | $72M |
| BCRD Blueone Card Inc. | 5.53 | - | - | 11No options | $80M |
| SWMR Swarmer, Inc Common Stock | 7.73 | 0.4502 | -1617% | 14No options | $84M |
| AGPU Axe Compute Inc. | 7.44 | 0.7666 | -871% | 11No options | $85M |
| USIO Usio, Inc. | 3.00 | 0.6052 | -396% | 31Weak | $85M |
| LIDR AEye, Inc. | 1.01 | 1.06 | +5% | 10No options | $47M |
| XNET Xunlei Limited | 3.52 | 148.60 | +98% | 32Weak | $45M |
| VHC VirnetX Holding Corp | 9.65 | 3.83 | -152% | 9No options | $40M |
| SKKY Skkynet Cloud Systems, Inc. | 0.6980 | 0.1079 | -547% | 12No options | $37M |
| XBP XBP Global Holdings, Inc. | 3.02 | 2,404.02 | +100% | 27No options | $36M |
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about AISP
What kind of share is AISP?
AISP is Airship AI Holdings, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is AISP undervalued right now?
By the GLS models, yes: at 1.85 the stock is 92% below the average fair value of 23.92 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of AISP and what does it mean?
AISP scores 27 out of 100 (Weak) - it fails Wheel Trade Filters 1, 4, 5, 7, 8, 9. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for AISP?
23.92 per share as of 5 Nov 2026 - the simple average of the 5 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 Airship AI Holdings, Inc. report earnings next?
The next earnings report is due on 13 Nov 2026 (before the open), 8 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does AISP have listed options, and how liquid are they?
Yes. The nightly snapshot found 14 listed contracts with 3,024 open interest across all expiries and implied volatility of 169% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.