Gladstone Investment Corporation 4.875% Notes due 2028 (GAINZ): fair value, margin of safety and Wheel Score

Is GAINZ undervalued?

At 24.09 (close of 16 Oct 2026), GAINZ trades 84% below the GLS average fair value of 153.64. That average comes from 7 models run on the latest filings, and 5 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Gladstone Investment Corporation 4.875% Notes due 2028 the full Value points in the Wheel Score - and a closer look at what the market is pricing in.

There is a wide gap between DDM (14.13) and GLS Growth (399.14). 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 GAINZ under High Yield Income: a dividend yield above 4%.

Nine valuation models for GAINZ

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.

Quality and financial health

Gladstone Investment Corporation 4.875% Notes due 2028 scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the Sunday Scan's "6 or more" rule. 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 3.1/10 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 15.0%, ROE 27.6%, ROA 14.0% - with debt at 0.84 times equity and negative free cash flow.

The dividend yield is high at 6.27% (payout ratio 40%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.

Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 39: No options

No options are listed on Gladstone Investment Corporation 4.875% Notes due 2028 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 2k shares a day on a market cap of $614M, with a beta of 0.80; the Stability part of the Wheel Score gives that 7 of 20.

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

The next earnings report is due on 10 Nov 2026 (before the open), 25 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.

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 Gladstone Investment Corporation 4.875% Notes due 2028 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.

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