Stock fact sheet · data as of
Destiny Tech100 Inc. (DXYZ): fair value, margin of safety and Wheel Score
Ticker symbol DXYZ · Financial Services · Asset Management · United States · Speculative
Is DXYZ undervalued?
Destiny Tech100 Inc. (DXYZ) closed at 26.93 on 5 Nov 2026. The GLS average fair value - the simple average of the 6 valuation models that produced a positive number - is 226.48, which puts the price 88% below it. 5 of the 6 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
There is a wide gap between DCF (0.8811) and GLS Growth (517.99). 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 DXYZ 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 DXYZ
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 | 0.8811 | -97% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 50.48 | +87% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 483.97 | +1697% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 211.53 | +685% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 517.99 | +1823% | 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 | 94.01 | +249% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 4.39 | -84% | 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
Destiny Tech100 Inc. scores only 3 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 3.8/10 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 moderate - ROIC 10.1%, ROE 10.1%, ROA 10.0% - with debt at 0.00 times equity and negative free cash flow.
Destiny Tech100 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 3/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 10.1% |
|---|---|---|---|
| GLS Moat | 3.8 / 10 | ROE | 10.1% |
| Debt / equity | 0.00 | ROA | 10.0% |
| Free-cash-flow yield | -0.5% | Payout ratio | 0% |
| Institutions | 3 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 44: Weak
With a Wheel Score of 44 Destiny Tech100 Inc. 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 4, financially healthy - Piotroski 3/9 (under 6); Stability (weak) is its weakest part.
Implied volatility is 63% 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. The option chain is deep: 53,036 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 736k shares a day on a market cap of $1.3B, with a beta of 5.69 - 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 | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 3/9 (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 | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 88% below fair value | |
| Premium | Strong | implied volatility 63% | |
| Moat | Fair | moat 3.8/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Good | Red Flags score 87/100 | |
| Option trading | Good | 2,542 contracts a day, 53,036 open interest | |
| Stability | Weak | beta 5.69, $1.3B 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 DXYZ 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 Destiny Tech100 Inc. 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 |
|---|---|---|---|---|---|
| DESIX DFA Emerging Markets Sustainability Core 1 Portfolio Institutional Class | 12.38 | 7.36 | -68% | 11No options | $1.3B |
| MUC BlackRock MuniHoldings California Quality Fund, Inc. | 10.19 | 20.37 | +50% | 26No options | $1.3B |
| ACEVX American Century International Value Fund Investor Class | 12.80 | 13.20 | +3% | 13No options | $1.3B |
| GSG iShares S&P GSCI Commodity-Indexed Trust | 34.20 | 129.84 | +74% | 45Weak | $1.3B |
| MYI BlackRock MuniYield Quality Fund III, Inc. | 10.21 | 14.39 | +29% | 26No options | $1.2B |
| FLMFX Meeder Muirfield Retail | 11.35 | 6.47 | -75% | 13No options | $1.3B |
| ARTTX Artisan Focus Fund Investor Shares | 27.33 | 14.88 | -84% | 11No options | $1.3B |
| HQH Abrdn Healthcare Investors | 21.56 | 51.71 | +58% | 32No options | $1.2B |
| NFJ Virtus Dividend, Interest & Premium Strategy Fund | 14.40 | 89.22 | +84% | 27No options | $1.4B |
| MSDL Morgan Stanley Direct Lending Fund | 14.42 | 46.72 | +69% | 48Weak | $1.2B |
| BPAIX Boston Partners All-Cap Value Fd Insti Class | 39.45 | - | - | 10No options | $1.4B |
| ECAT BlackRock ESG Capital Allocation Trust | 13.77 | 75.35 | +82% | 31No options | $1.4B |
⚖ Compare DXYZ with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about DXYZ
Is DXYZ undervalued right now?
By the GLS models, yes: at 26.93 the stock is 88% below the average fair value of 226.48 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of DXYZ and what does it mean?
DXYZ scores 44 out of 100 (Weak) - it fails Wheel Trade Filters 2, 4. 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 DXYZ?
226.48 per share as of 5 Nov 2026 - the simple average of the 6 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 Destiny Tech100 Inc. report earnings next?
No upcoming earnings date is recorded for DXYZ in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does DXYZ have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 53,036 open interest across all expiries and implied volatility of 63% 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.