Stock fact sheet · data as of
Daqo New Energy Corp. (DQ): fair value, margin of safety and Wheel Score
Ticker symbol DQ · Technology · Semiconductors · China · ADR · Speculative
DQ is an American depositary share (ADR): the US listing of Daqo New Energy Corp., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is DQ undervalued?
At 12.02 (close of 5 Nov 2026), DQ has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -3.40 and it pays no dividend), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.
The nightly engine files DQ under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for DQ
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 | - | - | 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 | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 31.97 | +166% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 11.07 | -8% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Daqo New Energy Corp. scores only 1 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. On durability DQ scores 5.4/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC -3.9%, ROE -3.9%, ROA -2.6% - with debt at 0.00 times equity and negative free cash flow.
Daqo New Energy Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Product 100% (fiscal year FY2017).
Institutional ownership scores 6/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 1 / 9 | ROIC | -3.9% |
|---|---|---|---|
| GLS Moat | 5.4 / 10 | ROE | -3.9% |
| Debt / equity | 0.00 | ROA | -2.6% |
| Free-cash-flow yield | -31.2% | Payout ratio | 0% |
| Institutions | 6 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 28: Weak
With a Wheel Score of 28 Daqo New Energy Corp. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades right at our fair value; and filter 4, financially healthy - Piotroski 1/9 (under 6); and filter 6, no serious red flags - Red Flags score 50 (under 60); and filter 8, big enough - market cap $813M (under $1.0B); Value (weak) is its weakest part.
Implied volatility is 60% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is 21,705 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.3M shares a day on a market cap of $813M, with a beta of 0.67 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| 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 | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 1/9 (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 50 (under 60) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $813M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% below fair value | |
| Premium | Strong | implied volatility 60% | |
| Moat | Fair | moat 5.4/10 | |
| Health | Weak | Piotroski 1/9 | |
| Red Flags | Weak | Red Flags score 50/100 | |
| Option trading | Good | 2,781 contracts a day, 21,705 open interest | |
| Stability | Fair | beta 0.67, $813M 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
No upcoming earnings date is recorded for DQ in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Semiconductors
The 12 companies below are the closest to Daqo New Energy Corp. by market cap within the Semiconductors industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
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|---|---|---|---|---|---|
| CEVA CEVA, Inc. | 28.02 | 4.51 | -521% | 18Weak | $789M |
| AIP Arteris, Inc. | 18.10 | 1.97 | -821% | 13Weak | $890M |
| AEVA Aeva Technologies, Inc. | 9.49 | - | - | 17Weak | $662M |
| AMBQ Ambiq Micro, Inc. | 41.54 | - | - | 17Weak | $1.0B |
| POET POET Technologies Inc. | 4.88 | 0.0041 | -117814% | 23Weak | $644M |
| AOSL Alpha and Omega Semiconductor Limited | 21.17 | 19.70 | -7% | 17Weak | $642M |
| KOPN Kopin Corp. | 3.35 | 1.20 | -180% | 17Weak | $623M |
| WOLF Wolfspeed Inc. | 22.85 | - | - | 15Weak | $1.2B |
| ICHR Ichor Holdings, Ltd. | 33.71 | 3.38 | -897% | 30Weak | $1.3B |
| PLAB Photronics, Inc. | 27.38 | 36.33 | +25% | 42Weak | $1.6B |
| NVEC NVE Corporation | 78.79 | 45.68 | -72% | 21No options | $382M |
| IMOS ChipMOS TECHNOLOGIES Inc. | 51.19 | 40.18 | -27% | 33Weak | $1.8B |
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Start free See the Sunday ScanQuestions about DQ
Is DQ undervalued right now?
The GLS models could not value DQ (the company lost money over the last twelve months, EPS -3.40 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 12.02 against.
What is the Wheel Score of DQ and what does it mean?
DQ scores 28 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 6, 8. 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 DQ?
None of the nine GLS models produced a positive value for DQ (the company lost money over the last twelve months, EPS -3.40 and it pays no dividend), so there is no GLS fair value tonight.
When does Daqo New Energy Corp. report earnings next?
No upcoming earnings date is recorded for DQ in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does DQ have listed options, and how liquid are they?
Yes. The nightly snapshot found 54 listed contracts with 21,705 open interest across all expiries and implied volatility of 60% 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.
Is DQ an ADR?
Yes. DQ is an American depositary share (ADR): the US listing of Daqo New Energy Corp., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.