Stock fact sheet · data as of
CONX Corp. (CNXX): fair value, margin of safety and Wheel Score
Real Estate · Real Estate - Services · United States · Value
Is CNXX undervalued?
At 5.56 (close of 16 Oct 2026), CNXX trades 74% below the GLS average fair value of 21.62. That average comes from 7 models run on the latest filings, and 6 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns CONX Corp. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between Payback Time (1.50) and Graham Growth (53.66). 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 CNXX under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for CNXX
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 | 14.75 | +165% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 53.66 | +865% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 13.30 | +139% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 9.74 | +75% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 21.41 | +285% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 1.50 | -73% | 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 | 36.96 | +565% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -4.78 | -186% | 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
CONX Corp. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. 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 2.8/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.4%, ROE -20.4%, ROA 1.4% - with debt at -15.31 times equity and a free-cash-flow yield of 1.4%.
CONX Corp. 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 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 1.4% |
|---|---|---|---|
| GLS Moat | 2.8 / 10 | ROE | -20.4% |
| Debt / equity | -15.31 | ROA | 1.4% |
| Free-cash-flow yield | 1.4% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on CONX Corp. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $105M, with a beta of 0.18 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 74% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 4 / 15 | moat 2.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $105M cap, beta 0.18 |
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 CNXX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Real Estate - Services
The 12 companies below are the closest to CONX Corp. by market cap within the Real Estate - Services 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 |
|---|---|---|---|---|---|
| CPTP Capital Properties, Inc. | 14.68 | 7.73 | -90% | 23No options | $97M |
| STHO Star Holdings | 8.01 | 12.75 | +37% | 66Good | $97M |
| OJOC Ojai Oil Company | 326.00 | 208.44 | -56% | 14No options | $91M |
| DOUG Douglas Elliman Inc. | 1.49 | 6.52 | +77% | 51Fair | $135M |
| RFL Rafael Holdings, Inc. | 1.43 | 1.04 | -37% | 22Weak | $73M |
| ASPS Altisource Portfolio Solutions S.A. | 5.59 | 12.60 | +56% | 39No options | $64M |
| CHCI Comstock Holding Companies, Inc. | 17.28 | 48.66 | +64% | 39No options | $174M |
| TPRP Tower Properties Company | 29,000.00 | 43,759.51 | +34% | 39No options | $174M |
| AZLCZ Aztec Land and Cattle Company, Limited | 2,800.00 | 390.58 | -617% | 16No options | $255M |
| ARL American Realty Investors, Inc. | 16.77 | 13.94 | -20% | 24No options | $271M |
| SEG Seaport Entertainment Group Inc. | 21.69 | - | - | 43Weak | $278M |
| RMR The RMR Group Inc. | 18.12 | 50.01 | +64% | 64Fair | $291M |
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Start free See the Sunday ScanQuestions about CNXX
Is CNXX undervalued right now?
By the GLS models, yes: at 5.56 the stock is 74% below the average fair value of 21.62 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of CNXX and what does it mean?
CNXX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for CNXX?
21.62 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 CONX Corp. report earnings next?
No upcoming earnings date is recorded for CNXX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does CNXX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on CNXX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.