Dynagas LNG Partners LP (DLNG): fair value, margin of safety and Wheel Score

Is DLNG undervalued?

At 3.42 (close of 16 Oct 2026), DLNG trades 89% below the GLS average fair value of 31.13. That average comes from 9 models run on the latest filings, and 8 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 Dynagas LNG Partners LP 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 DDM (2.94) and Graham Growth (59.46). 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 DLNG under High Yield Income: a dividend yield above 4%.

Nine valuation models for DLNG

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.

Quality and financial health

Dynagas LNG Partners LP scores 7 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. A GLS Moat score of 4.1/10 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 moderate - ROIC 8.2%, ROE 13.0%, ROA 7.8% - with debt at 0.59 times equity and a free-cash-flow yield of 59.8%.

The dividend yield is high at 5.85% (payout ratio 21%). 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 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 70: Good

With a Wheel Score of 70 - the Good band - Dynagas LNG Partners LP clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 16/20, Moat 6/15, Premium 17/20, Stability 6/20; Stability (6/20) scores lowest.

Implied volatility is 72% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (17 of 20) because volatility this high usually comes with a reason. Chain open interest is 2,051 contracts across all expiries - enough for the wheel at normal size.

Volume runs at 43k shares a day on a market cap of $124M, with a beta of 0.54 - 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.

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

The next earnings report is due on 19 Nov 2026 (before the open), 34 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Marine Shipping

The 12 companies below are the closest to Dynagas LNG Partners LP by market cap within the Marine Shipping industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

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