Stock fact sheet · data as of
Globe Life Inc. (GL): fair value, margin of safety and Wheel Score
Financial Services · Insurance - Life · United States · Value
Is GL undervalued?
At 167.59 (close of 16 Oct 2026), GL trades 36% below the GLS average fair value of 263.49. That average comes from 9 models run on the latest filings, and 6 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 Globe Life Inc. 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 (18.54) and Payback Time (454.33). 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 GL under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for GL
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 | 311.76 | +86% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 165.24 | -1% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 380.55 | +127% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 128.91 | -23% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 340.53 | +103% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 399.77 | +139% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 454.33 | +171% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 18.54 | -89% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 171.75 | +2% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -74.81 | -145% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 187.00 | +12% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Globe Life Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes 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. On durability GL scores 6.3/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are high - ROIC 13.5%, ROE 19.4%, ROA 3.8% - with debt at 0.44 times equity and a free-cash-flow yield of 9.6%.
The dividend yield is 0.75% with a payout ratio of 7% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Life 66%, Health 34% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 4/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 13.5% |
|---|---|---|---|
| GLS Moat | 6.3 / 10 | ROE | 19.4% |
| Debt / equity | 0.44 | ROA | 3.8% |
| Free-cash-flow yield | 9.6% | Payout ratio | 7% |
| Institutions | 10 / 10 | Insiders · Congress | 4 · 5 / 10 |
Wheel Score 79: Good
With a Wheel Score of 79 - the Good band - Globe Life Inc. clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 9/15, Premium 16/20, Stability 16/20; Moat (9/15) scores lowest.
Implied volatility is 31% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (16 of 20 points). Chain open interest is 5,078 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 382k shares a day on a market cap of $12.9B, with a beta of 0.44 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 36% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 9 / 15 | moat 6.3/10 | |
| Premium | 16 / 20 | implied volatility 31% | |
| Stability | 16 / 20 | 382k shares/day, $12.9B cap, beta 0.44 |
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
Globe Life Inc. reports earnings on 21 Oct 2026 (after the close) - 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 Insurance - Life
The 12 companies below are the closest to Globe Life Inc. by market cap within the Insurance - Life 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 |
|---|---|---|---|---|---|
| UNMA Unum Group 6.250% JR NT58 | 20.46 | 56.18 | +64% | 39No options | $14.5B |
| UNM Unum Group | 91.46 | 83.14 | -10% | 72Good | $14.5B |
| JXN Jackson Financial Inc. | 131.56 | 304.00 | +57% | 88Prime | $8.9B |
| VOYA Voya Financial, Inc. | 95.12 | 154.12 | +38% | 79Good | $8.6B |
| PRI Primerica, Inc. | 278.35 | 434.23 | +36% | 83Prime | $8.6B |
| LNC Lincoln National Corporation | 40.01 | 150.63 | +73% | 80Prime | $7.7B |
| PRH Prudential Financial, Inc. 5.95 | 20.24 | 169.97 | +88% | 39No options | $7.0B |
| PRS Prudential Financial, Inc. 5.62 | 19.89 | 170.44 | +88% | 39No options | $6.9B |
| PUK Prudential plc | 23.81 | 52.94 | +55% | 83Prime | $29.3B |
| CNO CNO Financial Group, Inc. | 54.58 | 81.34 | +33% | 82Prime | $5.0B |
| ATHS Athene Holding Ltd. 7.250% Fixe | 23.75 | 119.59 | +80% | 39No options | $4.5B |
| PRU Prudential Financial, Inc. | 113.49 | 395.40 | +71% | 88Prime | $39.2B |
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Start free See the Sunday ScanQuestions about GL
Is GL undervalued right now?
By the GLS models, yes: at 167.59 the stock is 36% below the average fair value of 263.49 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of GL and what does it mean?
GL scores 79 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for GL?
263.49 per share as of 16 Oct 2026 - the simple average of the 9 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 Globe Life Inc. report earnings next?
The next earnings report is due on 21 Oct 2026 (after the close), 5 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does GL have listed options, and how liquid are they?
Yes. The nightly snapshot found 334 listed contracts with 5,078 open interest across all expiries and implied volatility of 31% 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.