Stock fact sheet · data as of
Aurinia Pharmaceuticals Inc. (AUPH): fair value, margin of safety and Wheel Score
Healthcare · Biotechnology · Canada · High Growth
Is AUPH undervalued?
Aurinia Pharmaceuticals Inc. (AUPH) closed at 16.73 on 16 Oct 2026. The GLS average fair value - the simple average of the 7 valuation models that produced a positive number - is 58.34, which puts the price 71% below it. 5 of the 7 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 7 models disagree widely: 10 Cap gives 0.6837 while GLS Growth gives 147.83. 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 AUPH under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for AUPH
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 | 16.03 | -4% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 115.42 | +590% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 48.76 | +191% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 147.83 | +784% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 0.6837 | -96% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 52.84 | +216% | 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 | 26.83 | +60% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 2.42 | -86% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 16.00 | -4% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - AUPH 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 5.1 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are high - ROIC 43.8%, ROE 49.4%, ROA 38.2% - with debt at 0.13 times equity and a free-cash-flow yield of 7.8%.
Aurinia Pharmaceuticals 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 Product 95%, License, Collaboration and Royalty Reve… 5% (quarter Q2 FY2026).
Institutional ownership scores 7/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 43.8% |
|---|---|---|---|
| GLS Moat | 5.1 / 10 | ROE | 49.4% |
| Debt / equity | 0.13 | ROA | 38.2% |
| Free-cash-flow yield | 7.8% | Payout ratio | 0% |
| Institutions | 7 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 81: Prime
AUPH scores 81 out of 100 on the Wheel Score, in the Prime band (80 and above), which fewer than one stock in twenty reaches on any night. The score blends five things a wheel trader checks before selling a cash-secured put: the margin of safety (Value, 25/25), Piotroski health (13/20), the GLS moat (8/15), the option premium on offer (20/20) and how easily the stock trades (15/20).
Implied volatility is 51% 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 43,302 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.0M shares a day on a market cap of $2.2B, with a beta of 1.41 - 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 15 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 71% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 8 / 15 | moat 5.1/10 | |
| Premium | 20 / 20 | implied volatility 51% | |
| Stability | 15 / 20 | 1.0M shares/day, $2.2B cap, beta 1.41 |
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 3 Nov 2026 (before the open), 18 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 Biotechnology
The 12 companies below are the closest to Aurinia Pharmaceuticals Inc. by market cap within the Biotechnology 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 |
|---|---|---|---|---|---|
| HRMY Harmony Biosciences Holdings, Inc. | 38.27 | 105.25 | +64% | 77Good | $2.2B |
| CLDX Celldex Therapeutics, Inc. | 28.93 | 0.2352 | -12198% | 41Weak | $2.3B |
| IRON Disc Medicine, Inc. | 56.65 | 2.31 | -2356% | 20Weak | $2.2B |
| FTRE Fortrea Holdings Inc. | 22.75 | 34.64 | +34% | 45Weak | $2.2B |
| NVAX Novavax, Inc. | 12.82 | - | - | 44Weak | $2.1B |
| PHVS Pharvaris N.V. | 30.02 | 5.50 | -445% | 37Weak | $2.1B |
| VRDN Viridian Therapeutics, Inc. | 18.38 | - | - | 45Weak | $2.1B |
| SLS SELLAS Life Sciences Group, Inc. | 11.88 | 0.6270 | -1795% | 25Weak | $2.4B |
| VCEL Vericel Corporation | 40.25 | 20.44 | -97% | 54Fair | $2.1B |
| ADMA ADMA Biologics, Inc. | 10.73 | 21.14 | +49% | 79Good | $2.4B |
| NAMS NewAmsterdam Pharma Company N.V. | 20.62 | 3.67 | -462% | 37Weak | $2.4B |
| IMNM Immunome, Inc. | 17.40 | 7.38 | -136% | 33Weak | $2.1B |
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Start free See the Sunday ScanQuestions about AUPH
Is AUPH undervalued right now?
By the GLS models, yes: at 16.73 the stock is 71% below the average fair value of 58.34 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of AUPH and what does it mean?
AUPH scores 81 out of 100 (Prime). 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 AUPH?
58.34 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 Aurinia Pharmaceuticals Inc. report earnings next?
The next earnings report is due on 3 Nov 2026 (before the open), 18 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does AUPH have listed options, and how liquid are they?
Yes. The nightly snapshot found 214 listed contracts with 43,302 open interest across all expiries and implied volatility of 51% 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.