Stock fact sheet · data as of
ChoiceOne Financial Services, Inc. (COFS): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Defensive
Is COFS undervalued?
COFS closed at 32.92 on 16 Oct 2026, 26% below the GLS average fair value of 44.75 from 9 models (6 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 24 of the 25 Value points.
There is a wide gap between Lynch (2.30) and 10 Cap (91.38). 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 COFS under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for COFS
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 | 84.08 | +155% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 51.34 | +56% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 34.78 | +6% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.30 | -93% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 10.67 | -68% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 91.38 | +178% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 70.68 | +115% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.07 | -48% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 40.49 | +23% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -248.93 | -856% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 38.00 | +15% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
ChoiceOne Financial Services, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.8/10 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 3.6%, ROE 6.1%, ROA 0.6% - with debt at 0.67 times equity and a free-cash-flow yield of 11.2%.
The dividend yield is 3.52% at a payout ratio of 31%; 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 Interchange Income 72%, Trust Fee Income 23%, Other Charges and Fees for Customer Ser… 5% (quarter Q2 FY2026).
Institutional ownership scores 6/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 3.6% |
|---|---|---|---|
| GLS Moat | 3.8 / 10 | ROE | 6.1% |
| Debt / equity | 0.67 | ROA | 0.6% |
| Free-cash-flow yield | 11.2% | Payout ratio | 31% |
| Institutions | 6 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on ChoiceOne Financial Services, Inc. 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 140k shares a day on a market cap of $492M, with a beta of 0.64 - 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 | 24 / 25 | 26% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 6 / 15 | moat 3.8/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 140k shares/day, $492M cap, beta 0.64 |
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
ChoiceOne Financial Services, Inc. reports earnings on 23 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 ChoiceOne Financial Services, 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 |
|---|---|---|---|---|---|
| OBT Orange County Bancorp, Inc. | 36.73 | 66.61 | +45% | 39No options | $492M |
| FMAO Farmers & Merchants Bancorp, Inc. | 35.12 | 33.94 | -3% | 63Fair | $484M |
| WTBA West Bancorporation, Inc. | 28.35 | 31.49 | +10% | 64Fair | $483M |
| PBAM Private Bancorp of America, Inc. | 84.35 | 133.28 | +37% | 39No options | $483M |
| PDLB Ponce Financial Group, Inc. | 19.95 | 48.40 | +59% | 79Good | $483M |
| BSRR Sierra Bancorp | 39.15 | 50.19 | +22% | 76Good | $508M |
| FFMR First Farmers Financial Corporation | 37.25 | 61.90 | +40% | 39No options | $517M |
| HBCP Home Bancorp, Inc. | 65.87 | 90.49 | +27% | 80Prime | $518M |
| BWFG Bankwell Financial Group, Inc. | 65.17 | 98.46 | +34% | 39No options | $520M |
| BSVN Bank7 Corp. | 55.49 | 109.57 | +49% | 39No options | $529M |
| CZNC Citizens & Northern Corporation | 25.36 | 35.25 | +28% | 69Good | $455M |
| NPB Northpointe Bancshares, Inc. | 15.62 | 47.93 | +67% | 39No options | $540M |
⚖ Compare COFS with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about COFS
Is COFS undervalued right now?
By the GLS models, moderately: at 32.92 the stock trades 26% below the average fair value of 44.75 (data as of 16 Oct 2026).
What is the Wheel Score of COFS and what does it mean?
COFS 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 COFS?
44.75 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 ChoiceOne Financial Services, Inc. report earnings next?
The next earnings report is due on 23 Oct 2026 (before the open), 7 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does COFS have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on COFS, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.