Stock fact sheet · data as of
Aware, Inc. (AWRE): fair value, margin of safety and Wheel Score
Ticker symbol AWRE · Technology · Software - Application · United States · Speculative
Is AWRE undervalued?
At 1.01 (close of 5 Nov 2026), AWRE has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -0.38 and it pays no dividend), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.
The nightly engine files AWRE under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for AWRE
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 | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 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 | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 0.7867 | -22% | 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
Aware, Inc. scores only 3 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 3.3/10 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 -19.5%, ROE -22.5%, ROA -15.8% - with debt at 0.15 times equity and negative free cash flow.
Aware, 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 Maintenance 48%, License and Service 44%, Service, Other 9% (quarter Q3 FY2026).
Institutional ownership scores 2/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 2 Nov 2026.
| Piotroski F-score | 3 / 9 | ROIC | -19.5% |
|---|---|---|---|
| GLS Moat | 3.3 / 10 | ROE | -22.5% |
| Debt / equity | 0.15 | ROA | -15.8% |
| Free-cash-flow yield | -26.9% | Payout ratio | 0% |
| Institutions | 2 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 11: Weak
With a Wheel Score of 11 Aware, Inc. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (132 open interest, 43 a day); and filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades right at our fair value; and filter 4, financially healthy - Piotroski 3/9 (under 6); and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 7, a premium worth selling - implied volatility 200% (over 80%); and filter 8, big enough - market cap $22M (under $1.0B); and filter 9, not a penny stock - price 1.01 (under $5); Value (weak) is its weakest part.
Implied volatility is 200%, 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 thin - 132 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 137k shares a day on a market cap of $22M, with a beta of 1.03; 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 (132 open interest, 43 a day) |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 3/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 200% (over 80%) |
| 8 | Big enough | Fails | market cap $22M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 1.01 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% below fair value | |
| Premium | Weak | implied volatility 200% | |
| Moat | Weak | moat 3.3/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 43 contracts a day, 132 open interest | |
| Stability | Fair | beta 1.03, $22M 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
No upcoming earnings date is recorded for AWRE in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to Aware, Inc. by market cap within the Software - Application 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 |
|---|---|---|---|---|---|
| NXPL NextPlat Corp | 8.05 | - | - | 11No options | $22M |
| CRMZ CreditRiskMonitor.com, Inc. | 2.09 | 3.43 | +39% | 33No options | $23M |
| TAOX TAO Synergies Inc. | 2.67 | 2.52 | -6% | 10No options | $21M |
| PAYD PAID, Inc. | 2.50 | 0.2796 | -794% | 17No options | $21M |
| CCG Cheche Group Inc. | 8.25 | 333.16 | +98% | 27No options | $21M |
| FFR FF EAI Robotics Ecosystem Inc. | 0.9404 | 7.71 | +88% | 24No options | $20M |
| RYET Ruanyun Edai Technology Inc. Ordinary shares | 0.6600 | - | - | 12No options | $25M |
| BLIV BeLive Holdings | 2.39 | 0.3485 | -586% | 11No options | $26M |
| INLX Intellinetics, Inc. | 4.11 | 4.12 | +0% | 14No options | $18M |
| MNDO MIND C.T.I. Ltd | 0.9003 | 2.24 | +60% | 37Weak | $18M |
| SAGT SAGTEC GLOBAL Ltd | 0.7950 | 8.77 | +91% | 33No options | $18M |
| PDC Perpetuals.com Ltd | 2.21 | - | - | 7No options | $18M |
Scan the whole market the same way
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 AWRE
Is AWRE undervalued right now?
The GLS models could not value AWRE (the company lost money over the last twelve months, EPS -0.38 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 1.01 against.
What is the Wheel Score of AWRE and what does it mean?
AWRE scores 11 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 3, 4, 6, 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 AWRE?
None of the nine GLS models produced a positive value for AWRE (the company lost money over the last twelve months, EPS -0.38 and it pays no dividend), so there is no GLS fair value tonight.
When does Aware, Inc. report earnings next?
No upcoming earnings date is recorded for AWRE in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does AWRE have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 132 open interest across all expiries and implied volatility of 200% 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.