Stock fact sheet · data as of
Capital City Bank Group, Inc. (CCBG): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is CCBG undervalued?
Capital City Bank Group, Inc. (CCBG) closed at 48.88 on 16 Oct 2026, close to the GLS average fair value of 51.25 (4.6% below fair value). 4 of the 9 models that produced a number sit above the price, 5 below - the market and our models roughly agree. With little margin of safety either way, the case for or against the stock rests on the quality numbers and the option premium rather than on price.
There is a wide gap between Lynch (4.10) and 10 Cap (108.56). 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 CCBG under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for CCBG
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 | 62.58 | +28% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 52.04 | +6% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 38.04 | -22% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.10 | -92% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 40.33 | -18% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 108.56 | +122% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 99.70 | +104% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 15.74 | -68% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 40.12 | -18% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -220.34 | -551% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 49.50 | +1% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Capital City Bank Group, Inc. scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability CCBG scores 6.7/10 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 moderate - ROIC 9.5%, ROE 11.1%, ROA 1.4% - with debt at 0.17 times equity and a free-cash-flow yield of 8.4%.
The dividend yield is 2.19% at a payout ratio of 29%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Deposit Fees 31%, Mortgage Banking Revenues 25%, Wealth Management Fees 23% (quarter Q2 FY2026).
Institutional ownership scores 7/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 9.5% |
|---|---|---|---|
| GLS Moat | 6.7 / 10 | ROE | 11.1% |
| Debt / equity | 0.17 | ROA | 1.4% |
| Free-cash-flow yield | 8.4% | Payout ratio | 29% |
| Institutions | 7 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 70: Good
With a Wheel Score of 70 - the Good band - Capital City Bank Group, Inc. clears the Sunday Scan's "70 or higher" rule. The parts: Value 14/25, Health 18/20, Moat 10/15, Premium 20/20, Stability 8/20; Stability (8/20) scores lowest.
Implied volatility is 44% 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 - 39 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 63k shares a day on a market cap of $836M, with a beta of 0.34 - 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 | 14 / 25 | 5% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 10 / 15 | moat 6.7/10 | |
| Premium | 20 / 20 | implied volatility 44% | |
| Stability | 8 / 20 | 63k shares/day, $836M cap, beta 0.34 |
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
Capital City Bank Group, Inc. reports earnings on 20 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Capital City Bank Group, Inc. by market cap within the Banks - Regional 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 |
|---|---|---|---|---|---|
| GSBC Great Southern Bancorp, Inc. | 77.63 | 61.31 | -27% | 51Fair | $846M |
| SMBK SmartFinancial, Inc. | 49.76 | 53.46 | +7% | 65Good | $851M |
| HBIA Hills Bancorporation | 47.00 | 20.26 | -132% | 37No options | $820M |
| EGBN Eagle Bancorp, Inc. | 28.02 | 19.06 | -47% | 41Weak | $854M |
| ORRF Orrstown Financial Services, Inc. | 41.49 | 81.71 | +49% | 73Good | $816M |
| THFF First Financial Corporation | 73.01 | 103.28 | +29% | 75Good | $868M |
| SPFI South Plains Financial, Inc. | 42.54 | 48.31 | +12% | 72Good | $801M |
| RCBC River City Bank | 53.59 | 99.75 | +46% | 39No options | $777M |
| FMNB Farmers National Banc Corp. | 15.20 | 20.95 | +27% | 76Good | $901M |
| SBSI Southside Bancshares, Inc. | 30.22 | 39.38 | +23% | 74Good | $901M |
| HTB HomeTrust Bancshares, Inc. | 46.49 | 95.43 | +51% | 81Prime | $776M |
| FISI Financial Institutions, Inc. | 39.27 | 41.19 | +5% | 61Fair | $774M |
⚖ Compare CCBG with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about CCBG
Is CCBG undervalued right now?
Not meaningfully: at 48.88 the stock trades within a few percent of the GLS average fair value of 51.25 (4.6% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of CCBG and what does it mean?
CCBG scores 70 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 CCBG?
51.25 per share as of 16 Oct 2026 - the simple average of the 9 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 Capital City Bank Group, Inc. report earnings next?
The next earnings report is due on 20 Oct 2026 (before the open), 4 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does CCBG have listed options, and how liquid are they?
Yes. The nightly snapshot found 102 listed contracts with 39 open interest across all expiries and implied volatility of 44% 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.