Stock fact sheet · data as of
First Acceptance Corporation (FACO): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Property & Casualty · United States · Value
Is FACO undervalued?
First Acceptance Corporation (FACO) closed at 6.12 on 16 Oct 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 30.47, which puts the price 80% below it. 8 of the 8 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 (11.35) and GLS Growth (62.56). 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 FACO under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for FACO
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 | 17.82 | +191% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 11.56 | +89% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 58.45 | +855% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 25.55 | +317% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 62.56 | +922% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 22.60 | +269% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 33.88 | +454% | 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 | 11.35 | +86% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -6.20 | -201% | 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
First Acceptance Corporation scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. 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 4.4/10 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 high - ROIC 12.3%, ROE 15.1%, ROA 4.2% - with debt at 0.23 times equity and a free-cash-flow yield of 14.0%.
First Acceptance Corporation 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 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 12.3% |
|---|---|---|---|
| GLS Moat | 4.4 / 10 | ROE | 15.1% |
| Debt / equity | 0.23 | ROA | 4.2% |
| Free-cash-flow yield | 14.0% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on First Acceptance Corporation in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 9k shares a day on a market cap of $226M, with a beta of 0.22 - 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.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 80% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 7 / 15 | moat 4.4/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 9k shares/day, $226M cap, beta 0.22 |
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 FACO in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Insurance - Property & Casualty
The 12 companies below are the closest to First Acceptance Corporation by market cap within the Insurance - Property & Casualty 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 |
|---|---|---|---|---|---|
| KINS Kingstone Companies, Inc. | 18.58 | 166.33 | +89% | 75Good | $269M |
| NODK NI Holdings, Inc. | 14.86 | 7.83 | -90% | 21No options | $303M |
| GBLI Global Indemnity Group, LLC | 24.25 | 53.58 | +55% | 39No options | $355M |
| PRHIZ Presurance Holdings, Inc. 9.75% Senior Unsecured Notes due 2028 | 26.48 | - | - | 19No options | $357M |
| OIG Orion180 Insurance Group, Inc. Class A | 9.15 | - | - | 22No options | $358M |
| ACIC American Coastal Insurance Corporation | 10.95 | 36.45 | +70% | 74Good | $531M |
| AII American Integrity Insurance Group, Inc. | 27.70 | 130.58 | +79% | 39No options | $543M |
| ROOT Root, Inc. | 49.12 | 146.07 | +66% | 61Fair | $672M |
| DGICB Donegal Group Inc. | 19.15 | 54.91 | +65% | 39No options | $684M |
| DGICA Donegal Group Inc. | 18.51 | 54.05 | +66% | 71Good | $687M |
| MHLA Maiden Holdings, Ltd. 6.625 NT 2046 | 8.91 | 13.70 | +35% | 38No options | $772M |
| HIPO Hippo Holdings Inc. | 35.26 | 130.72 | +73% | 68Good | $930M |
⚖ Compare FACO with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about FACO
Is FACO undervalued right now?
By the GLS models, yes: at 6.12 the stock is 80% below the average fair value of 30.47 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of FACO and what does it mean?
FACO 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 FACO?
30.47 per share as of 16 Oct 2026 - the simple average of the 8 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 First Acceptance Corporation report earnings next?
No upcoming earnings date is recorded for FACO in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does FACO have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on FACO, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.