Stock fact sheet · data as of
Allegiant Travel Company (ALGT): fair value, margin of safety and Wheel Score
Industrials · Airlines, Airports & Air Services · United States · Blend
Is ALGT undervalued?
ALGT closed at 70.40 on 16 Oct 2026 against a GLS average fair value of 76.85 - 8.4% below fair value, which our screens read as "fairly priced". 2 of 7 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
The 7 models disagree widely: EPV gives 12.63 while 10 Cap gives 205.08. 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 ALGT under Blend.
Nine valuation models for ALGT
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 | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 44.61 | -37% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 65.04 | -8% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 28.43 | -60% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 69.61 | -1% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 205.08 | +191% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 112.57 | +60% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 12.63 | -82% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -80.08 | -214% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 119.83 | +70% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - ALGT passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 1.3 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 thin or negative - ROIC -1.5%, ROE -4.2%, ROA -1.1% - with debt at 1.77 times equity and a free-cash-flow yield of 6.1%.
Allegiant Travel Company 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 Air related revenue 55%, Scheduled Service Revenue 42%, Co brand Revenue 3% (fiscal year FY2025).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | -1.5% |
|---|---|---|---|
| GLS Moat | 1.3 / 10 | ROE | -4.2% |
| Debt / equity | 1.77 | ROA | -1.1% |
| Free-cash-flow yield | 6.1% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 62: Fair
ALGT scores 62 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 16/25, Health 13/20, Moat 2/15, Premium 18/20, Stability 12/20. Moat (2/15) is where the points are missing.
Implied volatility is 67% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (18 of 20) because volatility this high usually comes with a reason. Chain open interest is 6,013 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 500k shares a day on a market cap of $1.9B, with a beta of 1.54 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 16 / 25 | 8% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 2 / 15 | moat 1.3/10 | |
| Premium | 18 / 20 | implied volatility 67% | |
| Stability | 12 / 20 | 500k shares/day, $1.9B cap, beta 1.54 |
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
The next earnings report is due on 4 Nov 2026 (after the close), 19 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Airlines, Airports & Air Services
The 12 companies below are the closest to Allegiant Travel Company by market cap within the Airlines, Airports & Air Services 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 |
|---|---|---|---|---|---|
| AZUL Azul S.A. | 6.87 | 0.3746 | -1734% | 18Weak | $1.3B |
| JBLU JetBlue Airways Corporation | 3.15 | - | - | 45Weak | $1.2B |
| ULCC Frontier Group Holdings, Inc. | 4.88 | - | - | 43Weak | $1.1B |
| SKYW SkyWest, Inc. | 92.43 | 257.98 | +64% | 87Prime | $3.6B |
| CAAP Corporacion America Airports S.A. | 24.66 | 65.37 | +62% | 80Prime | $4.0B |
| ALK Alaska Air Group, Inc. | 36.50 | - | - | 45Weak | $4.1B |
| OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 91.33 | 555.31 | +84% | 82Prime | $4.4B |
| JOBY Joby Aviation, Inc. | 4.81 | 0.2622 | -1734% | 40Weak | $4.8B |
| PHIG PHI Group, Inc. | 31.00 | 30.16 | -3% | 24No options | $754M |
| RJET Republic Airways Holdings Inc. | 15.76 | 19.33 | +18% | 39No options | $738M |
| VLRS Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | 5.94 | 94.66 | +94% | 45Weak | $683M |
| CPA Copa Holdings, S.A. | 133.91 | 315.20 | +58% | 83Prime | $5.5B |
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Start free See the Sunday ScanQuestions about ALGT
Is ALGT undervalued right now?
Not meaningfully: at 70.40 the stock trades within a few percent of the GLS average fair value of 76.85 (8.4% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of ALGT and what does it mean?
ALGT scores 62 out of 100 (Fair). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for ALGT?
76.85 per share as of 16 Oct 2026 - the simple average of the 7 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 Allegiant Travel Company report earnings next?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ALGT have listed options, and how liquid are they?
Yes. The nightly snapshot found 232 listed contracts with 6,013 open interest across all expiries and implied volatility of 67% 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.