Stock fact sheet · data as of
Franklin Wireless Corp. (FKWL): fair value, margin of safety and Wheel Score
Ticker symbol FKWL · Technology · Communication Equipment · United States · Speculative
Is FKWL undervalued?
Franklin Wireless Corp. (FKWL) closed at 2.12 on 5 Nov 2026, 260% above the GLS average fair value of 0.5886. 1 of the 1 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
Only 1 of the nine models produced a value (DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files FKWL 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 FKWL
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 | 0.5886 | -72% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 2.09 | -1% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 6.00 | +183% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
No Piotroski health score is on file for FKWL (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. The GLS Moat score is low at 1.6 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -15.6%, ROE -16.2%, ROA -10.2% - with debt at 0.04 times equity and negative free cash flow.
The dividend yield is 1.89% at a payout ratio of -10%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Operating Segments 100% (quarter Q1 FY2026).
Institutional ownership scores 2/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | -15.6% |
|---|---|---|---|
| GLS Moat | 1.6 / 10 | ROE | -16.2% |
| Debt / equity | 0.04 | ROA | -10.2% |
| Free-cash-flow yield | -25.3% | Payout ratio | -10% |
| Institutions | 2 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 12: Weak
FKWL scores 12 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (263 open interest, 32 a day); and filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 260% above our fair value; and filter 5, can repay its debt - debt with no positive cash flow to repay it; and filter 7, a premium worth selling - implied volatility 147% (over 80%); and filter 8, big enough - market cap $25M (under $1.0B); and filter 9, not a penny stock - price 2.12 (under $5), and the parts are thin too - value weak, premium weak, moat weak, health fair, red flags weak, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 147%, 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 - 263 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 10k shares a day on a market cap of $25M, with a beta of 0.29 - 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 | Fails | options too quiet (263 open interest, 32 a day) |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 260% above our fair value |
| 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 | Fails | debt with no positive cash flow to repay 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 | Fails | implied volatility 147% (over 80%) |
| 8 | Big enough | Fails | market cap $25M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 2.12 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 260% above fair value | |
| Premium | Weak | implied volatility 147% | |
| Moat | Weak | moat 1.6/10 | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Weak | Red Flags score 65/100 | |
| Option trading | Weak | 32 contracts a day, 263 open interest | |
| Stability | Fair | beta 0.29, $25M 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
Franklin Wireless Corp. reports earnings on 18 Nov 2026 - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Communication Equipment
The 12 companies below are the closest to Franklin Wireless Corp. by market cap within the Communication Equipment 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 |
|---|---|---|---|---|---|
| FIEE FiEE, Inc. | 3.06 | 9.04 | +66% | 26No options | $26M |
| BOSC B.O.S. Better Online Solutions Ltd. | 4.24 | 14.11 | +70% | 32No options | $30M |
| UTSI UTStarcom Holdings Corp. | 2.10 | - | - | 10No options | $20M |
| CMTL Comtech Telecommunications Corp. | 1.24 | 8.98 | +86% | 23Weak | $37M |
| CLRO ClearOne, Inc. | 5.00 | 0.0009 | -543902% | 11No options | $13M |
| AIRG Airgain, Inc. | 4.23 | - | - | 10Weak | $54M |
| DCM DeFi Capital Markets, Inc. | 3.31 | 6.04 | +45% | 25No options | $10M |
| WSTL Westell Technologies, Inc. | 6.17 | 37.60 | +84% | 34No options | $63M |
| VISL Vislink Technologies, Inc. | 3.96 | - | - | 11No options | $10M |
| GNSS Genasys Inc. | 1.42 | - | - | 14Weak | $65M |
| AMPG AmpliTech Group, Inc. | 2.48 | - | - | 11Weak | $75M |
| INSG Inseego Corp. | 4.83 | 0.5393 | -796% | 6Weak | $83M |
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Start free See the Sunday ScanQuestions about FKWL
Is FKWL undervalued right now?
No: at 2.12 the stock trades 260% above the GLS average fair value of 0.5886 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of FKWL and what does it mean?
FKWL scores 12 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 3, 5, 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 FKWL?
0.5886 per share as of 5 Nov 2026 - the simple average of the 1 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 Franklin Wireless Corp. report earnings next?
The next earnings report is due on 18 Nov 2026, 13 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does FKWL have listed options, and how liquid are they?
Yes. The nightly snapshot found 6 listed contracts with 263 open interest across all expiries and implied volatility of 147% 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.