Stock fact sheet · data as of
Leverage Shares 2X Long CBRS Daily ETF (CBRG): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is CBRG undervalued?
Leverage Shares 2X Long CBRS Daily ETF (CBRG) closed at 1.66 on 16 Oct 2026. None of the nine GLS valuation models produced a positive value for the stock - the company lost money over the last twelve months, EPS -22.46 and it pays no dividend - so there is no GLS average fair value and no margin of safety to report. The quality, option and event numbers below still apply; the Quote page's Wall Street View shows what analysts expect instead.
The nightly engine files CBRG under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for CBRG
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) | 0.0000 | -100% | 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
Financial health is weak: CBRG passes 0 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 0.0 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 0.0%, ROE 0.0%, ROA 0.0% - with debt at 0.00 times equity and negative free cash flow.
Leverage Shares 2X Long CBRS Daily ETF pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 0 / 9 | ROIC | 0.0% |
|---|---|---|---|
| GLS Moat | 0.0 / 10 | ROE | 0.0% |
| Debt / equity | 0.00 | ROA | 0.0% |
| Free-cash-flow yield | -12.9% | Payout ratio | -10% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 30: Weak
CBRG scores 30 out of 100 on the Wheel Score, in the Weak band (under 50). Value 13/25, Health 0/20, Moat 0/15, Premium 5/20, Stability 12/20. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 179%, far above the range the wheel strategy is built for. The premium looks generous; the Wheel Score gives it only 5 of 20 Premium points because moves of that size can blow through any strike. The option chain is deep: 54,788 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 18.5M shares a day on a market cap of $7M, with a beta of 1.75 - 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 | 13 / 25 | 0% margin of safety | |
| Health | 0 / 20 | Piotroski 0/9 | |
| Moat | 0 / 15 | moat 0.0/10 | |
| Premium | 5 / 20 | implied volatility 179% | |
| Stability | 12 / 20 | 18.5M shares/day, $7M cap, beta 1.75 |
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 CBRG 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 Leverage Shares 2X Long CBRS Daily ETF 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 |
|---|---|---|---|---|---|
| WNMLA Winmill & Co. Incorporated | 5.25 | 46.20 | +89% | 39No options | $7M |
| SFES Safeguard Scientifics, Inc. | 0.4700 | 29.17 | +98% | 39No options | $8M |
| BRZL MicroSectors 3X Long Brazil ETN | 42.25 | - | - | 19No options | $8M |
| SMST Defiance Daily Target 2x Short MSTR ETF | 14.75 | 29.39 | +50% | 61Fair | $8M |
| ALTEX Firsthand Alternative Energy | 12.22 | 1,332.47 | +99% | 39No options | $8M |
| NMBL NovaTide Flexible Allocation ETF | 20.81 | 29.67 | +30% | 39No options | $9M |
| BBLS Munificent Seven ETF | 26.74 | 0.2032 | -13059% | 6No options | $9M |
| CAFRX Commonwealth Africa Fund | 11.84 | 371.53 | +97% | 39No options | $9M |
| TWAV TaoWeave, Inc. | 1.45 | - | - | 21No options | $6M |
| ICMB Investcorp Credit Management BDC, Inc. | 0.6850 | 10.44 | +93% | 45Weak | $10M |
| ACII Innovator Index Autocallable Income Strategy ETF | 25.50 | 9.22 | -177% | 8No options | $11M |
| EMES Harbor Emerging Markets Select ETF (EMES) | 26.77 | 1.76 | -1417% | 13No options | $11M |
⚖ Compare CBRG with 7 of them All Financial Services stocks →
Screen 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 same eight-rule screen, 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 CBRG
Is CBRG undervalued right now?
The GLS models could not value CBRG (the company lost money over the last twelve months, EPS -22.46 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 1.66 against.
What is the Wheel Score of CBRG and what does it mean?
CBRG scores 30 out of 100 (Weak). 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 CBRG?
None of the nine GLS models produced a positive value for CBRG (the company lost money over the last twelve months, EPS -22.46 and it pays no dividend), so there is no GLS fair value tonight.
When does Leverage Shares 2X Long CBRS Daily ETF report earnings next?
No upcoming earnings date is recorded for CBRG in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does CBRG have listed options, and how liquid are they?
Yes. The nightly snapshot found 158 listed contracts with 54,788 open interest across all expiries and implied volatility of 179% 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.