Stock fact sheet · data as of
eHealth, Inc. (EHTH): fair value, margin of safety and Wheel Score
Ticker symbol EHTH · Financial Services · Insurance - Brokers · United States · Value
Is EHTH undervalued?
eHealth, Inc. (EHTH) closed at 0.6347 on 5 Nov 2026. The GLS average fair value - the simple average of the 7 valuation models that produced a positive number - is 12.35, which puts the price 95% below it. 7 of the 7 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 EPV (3.02) and Payback Time (20.67). 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, EHTH is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 97, growth score 53, out of 100).
Nine valuation models for EHTH
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 | 9.83 | +1449% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 15.53 | +2347% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.79 | +970% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 16.60 | +2515% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 14.01 | +2107% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 20.67 | +3157% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 3.02 | +375% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.43 | +126% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 2.25 | +254% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
eHealth, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 2.7/10 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 thin or negative - ROIC 3.6%, ROE 4.1%, ROA 3.2% - with debt at 0.14 times equity and a free-cash-flow yield of 80.9%.
eHealth, Inc. 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 Commission 40%, Medicare 38%, Commission, Members Approved In Prior P… 10% (quarter Q2 FY2026).
Institutional ownership scores 6/10, insider activity 6/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 3.6% |
|---|---|---|---|
| GLS Moat | 2.7 / 10 | ROE | 4.1% |
| Debt / equity | 0.14 | ROA | 3.2% |
| Free-cash-flow yield | 80.9% | Payout ratio | 72% |
| Institutions | 6 / 10 | Insiders · Congress | 6 · 5 / 10 |
Wheel Score 25: Weak
With a Wheel Score of 25 eHealth, Inc. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (823 open interest, 99 a day); and filter 6, no serious red flags - Red Flags score 35 (under 60); and filter 7, a premium worth selling - implied volatility 257% (over 80%); and filter 8, big enough - market cap $20M (under $1.0B); and filter 9, not a penny stock - price 0.63 (under $5); Premium (weak) is its weakest part.
Implied volatility is 257%, 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 thin - 823 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 1.2M shares a day on a market cap of $20M, with a beta of 1.63 - 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 | Fails | options too quiet (823 open interest, 99 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 | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 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 35 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 257% (over 80%) |
| 8 | Big enough | Fails | market cap $20M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 0.63 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 95% below fair value | |
| Premium | Weak | implied volatility 257% | |
| Moat | Weak | moat 2.7/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Weak | Red Flags score 35/100 | |
| Option trading | Weak | 99 contracts a day, 823 open interest | |
| Stability | Weak | beta 1.63, $20M 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 EHTH 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 Insurance - Brokers
The 12 companies below are the closest to eHealth, Inc. by market cap within the Insurance - Brokers 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 |
|---|---|---|---|---|---|
| MAAL The Marketing Alliance, Inc. | 1.58 | 5.14 | +69% | 35No options | $11M |
| AIFU AIFU Inc. | 9.25 | 5.91 | -56% | 16Weak | $55M |
| SLQT SelectQuote, Inc. | 0.4914 | 8.45 | +94% | 31Weak | $88M |
| QDMI QDM International Inc. | 10.30 | 38.45 | +73% | 33No options | $89M |
| XHG XChange TEC.INC | 3.32 | - | - | 13No options | $171M |
| ZBAO Zhibao Technology Inc. Class A Ordinary Shares | 0.2400 | - | - | 12No options | $2M |
| EZRA Reliance Global Group, Inc. | 2.40 | 17.66 | +86% | 27No options | $1M |
| WDH Waterdrop Inc. | 1.01 | 45.70 | +98% | 33No options | $365M |
| TWFG TWFG, Inc. Common Stock | 29.58 | 44.50 | +34% | 33No options | $381M |
| HUIZ Huize Holding Limited | 2.31 | 242.83 | +99% | 29No options | $993K |
| GSHD Goosehead Insurance, Inc | 56.35 | 64.68 | +13% | 37Weak | $2.0B |
| LIFE Ethos Technologies Inc. | 37.13 | 20.58 | -80% | 30Weak | $2.4B |
⚖ Compare EHTH with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about EHTH
Is EHTH undervalued right now?
By the GLS models, yes: at 0.6347 the stock is 95% below the average fair value of 12.35 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of EHTH and what does it mean?
EHTH scores 25 out of 100 (Weak) - it fails Wheel Trade Filters 1, 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 EHTH?
12.35 per share as of 5 Nov 2026 - the simple average of the 7 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 eHealth, Inc. report earnings next?
No upcoming earnings date is recorded for EHTH in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does EHTH have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 823 open interest across all expiries and implied volatility of 257% 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.