Stock fact sheet · data as of
Diamond Hill All Cap Select Fund Class I (DHLTX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is DHLTX undervalued?
At 27.05 (close of 16 Oct 2026), DHLTX trades 68% below the GLS average fair value of 85.03. That average comes from 2 models run on the latest filings, and 2 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 Diamond Hill All Cap Select Fund Class I the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
Only 2 of the nine models produced a value (10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files DHLTX under High Yield Income: a dividend yield above 4%.
Nine valuation models for DHLTX
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 | 50.72 | +87% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 119.34 | +341% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.75 | -94% | 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: DHLTX passes 4 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 5.4 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 1.8%, ROE 3.3%, ROA 1.0% - with debt at 0.87 times equity and a free-cash-flow yield of 2.3%.
The dividend yield is high at 7.72% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 1.8% |
|---|---|---|---|
| GLS Moat | 5.4 / 10 | ROE | 3.3% |
| Debt / equity | 0.87 | ROA | 1.0% |
| Free-cash-flow yield | 2.3% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
DHLTX has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at - a day on a market cap of $485M, with a beta of 1.01; the Stability part of the Wheel Score gives that 7 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 68% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 8 / 15 | moat 5.4/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 7 / 20 | 0k shares/day, $485M cap, beta 1.01 |
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 DHLTX 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 Diamond Hill All Cap Select Fund Class I 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 |
|---|---|---|---|---|---|
| CMJAX Calvert US Mid Cap Core Rspnb Idx A | 50.61 | 745.51 | +93% | 39No options | $487M |
| THW Abrdn World Healthcare Fund | 11.94 | 40.52 | +71% | 39No options | $482M |
| NOAH Noah Holdings Limited | 7.35 | 130.16 | +94% | 59Fair | $491M |
| VGM Invesco Trust for Investment Grade Municipals | 8.85 | 7.97 | -11% | 37No options | $480M |
| BGB Blackstone Strategic Credit Fund | 11.07 | 4.27 | -159% | 25No options | $494M |
| VKQ Invesco Municipal Trust | 8.61 | 8.66 | +1% | 36No options | $476M |
| ANTUX American Century Non-US Intrinsic Value Fund;Inv | 11.29 | 16.67 | +32% | 39No options | $496M |
| BGY BlackRock Enhanced International Dividend Trust | 5.49 | 17.18 | +68% | 39No options | $497M |
| ETO Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | 30.40 | 107.11 | +72% | 39No options | $498M |
| DPG Duff & Phelps Utility and Infrastructure Fund Inc. | 13.14 | 91.92 | +86% | 39No options | $473M |
| UNG United States Natural Gas Fund LP | 11.22 | 12.17 | +8% | 61Fair | $500M |
| NMCO Nuveen Municipal Credit Opportunities Fund | 8.74 | 14.85 | +41% | 39No options | $501M |
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Start free See the Sunday ScanQuestions about DHLTX
Is DHLTX undervalued right now?
By the GLS models, yes: at 27.05 the stock is 68% below the average fair value of 85.03 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of DHLTX and what does it mean?
DHLTX 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 DHLTX?
85.03 per share as of 16 Oct 2026 - the simple average of the 2 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 Diamond Hill All Cap Select Fund Class I report earnings next?
No upcoming earnings date is recorded for DHLTX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does DHLTX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on DHLTX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.