Stock fact sheet · data as of
DeFi Technologies Inc. (DEFT): fair value, margin of safety and Wheel Score
Ticker symbol DEFT · Financial Services · Financial - Capital Markets · Canada · Value
Is DEFT undervalued?
At 0.3950 (close of 5 Nov 2026), DEFT trades 81% below the GLS average fair value of 2.11. That average comes from 5 models run on the latest filings, and 5 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 DeFi Technologies Inc. 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 EPV (0.7053) and GLS Growth (3.89). 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.
Ranked against every other company we cover, DEFT is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 84, growth score 44, out of 100).
Nine valuation models for DEFT
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 | 0.7297 | +85% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3.63 | +819% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1.59 | +302% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.89 | +884% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 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 | 0.7053 | +79% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.2204 | -156% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 1.25 | +216% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
DeFi Technologies Inc. scores only 4 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 2.0/10 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 high - ROIC 40.2%, ROE 41.7%, ROA 7.6% - with debt at 0.04 times equity and negative free cash flow.
DeFi Technologies Inc. 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 | 40.2% |
|---|---|---|---|
| GLS Moat | 2.0 / 10 | ROE | 41.7% |
| Debt / equity | 0.04 | ROA | 7.6% |
| Free-cash-flow yield | -30.5% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 23: Weak
With a Wheel Score of 23 DeFi Technologies Inc. sits in the Weak band. It fails filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 7, a premium worth selling - implied volatility 256% (over 80%); and filter 8, big enough - market cap $153M (under $1.0B); and filter 9, not a penny stock - price 0.40 (under $5); Premium (weak) is its weakest part.
Implied volatility is 256%, 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 7,959 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.6M shares a day on a market cap of $153M, with a beta of 3.96 - 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 rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (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 256% (over 80%) |
| 8 | Big enough | Fails | market cap $153M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 0.40 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 81% below fair value | |
| Premium | Weak | implied volatility 256% | |
| Moat | Weak | moat 2.0/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 306 contracts a day, 7,959 open interest | |
| Stability | Weak | beta 3.96, $153M 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
DeFi Technologies Inc. reports earnings on 13 Nov 2026 (after the close) - 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 Financial - Capital Markets
The 12 companies below are the closest to DeFi Technologies Inc. by market cap within the Financial - Capital Markets 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 |
|---|---|---|---|---|---|
| HWKE Hawkeye Systems, Inc. | 0.6000 | 84,237.30 | +100% | 21No options | $160M |
| FUFU BitFuFu Inc. | 0.9999 | - | - | 17No options | $167M |
| NAKA Nakamoto Inc. | 6.02 | - | - | 6Weak | $105M |
| CNCK Coincheck Group N.V. | 1.28 | 2.22 | +42% | 28No options | $245M |
| WTF Waton Financial Limited Ordinary Shares | 1.98 | - | - | 13No options | $96M |
| BTBT Bit Digital, Inc. | 0.8343 | 0.0326 | -2456% | 9Weak | $301M |
| SIEB Siebert Financial Corp. | 1.83 | 8.79 | +79% | 31Weak | $75M |
| CFOR CapForce Inc. | 6.90 | 102.05 | +93% | 27No options | $73M |
| GEMI Gemini Space Station, Inc. | 2.81 | - | - | 16Weak | $343M |
| SRL Scully Royalty Ltd. | 4.23 | 5.05 | +16% | 19Weak | $64M |
| BTCS BTCS Inc. | 1.04 | 0.7425 | -40% | 9Weak | $55M |
| ABTC American Bitcoin Corp | 6.24 | - | - | 10Weak | $454M |
⚖ Compare DEFT with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about DEFT
Is DEFT undervalued right now?
By the GLS models, yes: at 0.3950 the stock is 81% below the average fair value of 2.11 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of DEFT and what does it mean?
DEFT scores 23 out of 100 (Weak) - it fails Wheel Trade Filters 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 DEFT?
2.11 per share as of 5 Nov 2026 - the simple average of the 5 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 DeFi Technologies Inc. report earnings next?
The next earnings report is due on 13 Nov 2026 (after the close), 8 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does DEFT have listed options, and how liquid are they?
Yes. The nightly snapshot found 6 listed contracts with 7,959 open interest across all expiries and implied volatility of 256% 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.