Stock fact sheet · data as of
ASA Gold and Precious Metals Limited (ASA): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Growth
Is ASA undervalued?
ASA has a margin of safety of 96%: the stock closed at 53.90 on 16 Oct 2026 against a GLS average fair value of 1,272.35. 6 of the 7 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.
There is a wide gap between DDM (1.03) and GLS Growth (3,336.95). 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.
The nightly engine files ASA under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for ASA
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 | 181.34 | +236% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 301.00 | +458% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3,117.83 | +5684% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1,362.69 | +2428% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3,336.95 | +6091% | 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 | 1.03 | -98% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 605.64 | +1024% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.3221 | -99% | 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
ASA Gold and Precious Metals Limited scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability ASA scores 6.8/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are high - ROIC 60.4%, ROE 60.4%, ROA 60.3% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is 0.13% with a payout ratio of 0% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 8/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 60.4% |
|---|---|---|---|
| GLS Moat | 6.8 / 10 | ROE | 60.4% |
| Debt / equity | 0.00 | ROA | 60.3% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 8 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 77: Good
With a Wheel Score of 77 - the Good band - ASA Gold and Precious Metals Limited clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 10/15, Premium 20/20, Stability 8/20; Stability (8/20) scores lowest.
Implied volatility is 48% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 273 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 38k shares a day on a market cap of $989M, with a beta of 0.77 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 96% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.8/10 | |
| Premium | 20 / 20 | implied volatility 48% | |
| Stability | 8 / 20 | 38k shares/day, $989M cap, beta 0.77 |
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 ASA in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to ASA Gold and Precious Metals Limited by market cap within the Asset Management 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 |
|---|---|---|---|---|---|
| AFDVX Applied Finance Explorer fund Investor Class | 26.23 | 11.48 | -128% | 26No options | $988M |
| EMO ClearBridge Energy Midstream Opportunity Fund Inc | 49.67 | 160.46 | +69% | 39No options | $994M |
| GSBD Goldman Sachs BDC, Inc. | 8.92 | 16.18 | +45% | 83Prime | $1.0B |
| DOMIX Domini Impact International Equity Fund | 12.59 | 2.18 | -478% | 20No options | $1.0B |
| ACSNX American Century Short Duration Fd Investor Cl | 9.64 | 594.46 | +98% | 39No options | $970M |
| FMIHX FMI Large Cap Fund Investor Class | 14.28 | 438.15 | +97% | 39No options | $1.0B |
| PSGCX Virtus KAR Small-Cap Growth Fund Class C | 9.36 | 43.38 | +78% | 39No options | $1.0B |
| BTX BlackRock Technology and Private Equity Term Trust | 8.68 | 53.23 | +84% | 39No options | $1.0B |
| BAQAX Brown Advisory Emerging Markets Select Fund Advisor Shares | 16.69 | 2.92 | -472% | 18No options | $1.0B |
| AOCIX American Century One Choice Portfolio: Conservative Investor Class | 14.00 | 3.98 | -252% | 18No options | $1.0B |
| FSCO FS Credit Opportunities Corp. | 5.13 | 29.89 | +83% | 39No options | $1.0B |
| OCSL Oaktree Specialty Lending Corporation | 11.78 | 24.83 | +53% | 68Good | $1.0B |
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Start free See the Sunday ScanQuestions about ASA
Is ASA undervalued right now?
By the GLS models, yes: at 53.90 the stock is 96% below the average fair value of 1,272.35 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ASA and what does it mean?
ASA scores 77 out of 100 (Good). 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 ASA?
1,272.35 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 ASA Gold and Precious Metals Limited report earnings next?
No upcoming earnings date is recorded for ASA in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does ASA have listed options, and how liquid are they?
Yes. The nightly snapshot found 126 listed contracts with 273 open interest across all expiries and implied volatility of 48% 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.