Stock fact sheet · data as of
Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs (GOOGM): fair value, margin of safety and Wheel Score
Ticker symbol GOOGM · Communication Services · Internet Content & Information · United States · Depositary preferred shares · Fund / Note
GOOGM is not Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs's common stock: it is a depositary share of its preferred stock - each one a fraction of a single preferred share. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as GOOG (Class C capital stock), GOOGL (Class A common stock).
Is GOOGM undervalued?
GOOGM has a margin of safety of 57%: the stock closed at 42.12 on 5 Nov 2026 against a GLS average fair value of 98.70. 7 of the 9 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between DDM (12.65) and GLS Growth (172.60). 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.
GOOGM looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for GOOGM
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 | 98.60 | +134% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 154.66 | +267% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 161.27 | +283% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 70.48 | +67% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 172.60 | +310% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 122.88 | +192% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 63.80 | +51% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 12.65 | -70% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 31.33 | -26% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.3046 | -99% | 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
No Piotroski health score is on file for GOOGM (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. There is no GLS Moat score for GOOGM: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are high - ROIC 27.9%, ROE 31.8%, ROA 22.2% - with debt at 0.14 times equity and a free-cash-flow yield of 0.6%.
The dividend yield is 0.30% with a payout ratio of 5% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 10/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 27.9% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 31.8% |
| Debt / equity | 0.14 | ROA | 22.2% |
| Free-cash-flow yield | 0.6% | Payout ratio | 5% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 10 / 10 |
Wheel Score 29: No options
No options are listed on Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 29, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 1.3M shares a day on a market cap of $3.60T, with a beta of -1.20 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 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 | 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 | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 57% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Strong | beta -1.20, $3.60T 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
The next earnings report is due on 2 Feb 2027, 89 days away - outside the window of a 30-45-day put sold today.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Internet Content & Information
The 12 companies below are the closest to Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs by market cap within the Internet Content & Information 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 |
|---|---|---|---|---|---|
| GOOGN Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs | 42.16 | 98.75 | +57% | 29No options | $3.62T |
| GOOGL Alphabet Inc. | 288.93 | 271.67 | -6% | 44Weak | $3.53T |
| GOOG Alphabet Inc. | 287.30 | 270.39 | -6% | 44Weak | $3.52T |
| META Meta Platforms, Inc. | 630.00 | 599.65 | -5% | 44Weak | $1.40T |
| SPOT Spotify Technology S.A. | 627.66 | 460.93 | -36% | 43Weak | $129.0B |
| DASH DoorDash, Inc. | 198.59 | 112.83 | -76% | 40Weak | $86.6B |
| BIDU Baidu, Inc. | 80.43 | 428.53 | +81% | 52Fair | $27.4B |
| RDDT Reddit, Inc. | 101.77 | 166.26 | +39% | 82Good | $19.6B |
| TME Tencent Music Entertainment Group | 9.48 | 18.07 | +48% | 54Fair | $15.5B |
| PINS Pinterest, Inc. | 21.22 | 16.34 | -30% | 38Weak | $10.6B |
| SNAP Snap Inc. | 5.92 | 9.86 | +40% | 39Weak | $10.0B |
| MTCH Match Group, Inc. | 40.21 | 92.70 | +57% | 53Fair | $9.2B |
⚖ Compare GOOGM with 7 of them All Communication Services stocks →
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about GOOGM
Is GOOGM the same as Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs stock?
No. GOOGM is not Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs's common stock: it is a depositary share of its preferred stock - each one a fraction of a single preferred share. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as GOOG (Class C capital stock), GOOGL (Class A common stock).
Is GOOGM undervalued right now?
By the GLS models, yes: at 42.12 the stock is 57% below the average fair value of 98.70 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of GOOGM and what does it mean?
GOOGM has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for GOOGM?
98.70 per share as of 5 Nov 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 Alphabet Inc. Depository Shs Repr 1/20th Conv Pfd Registered Shs report earnings next?
The next earnings report is due on 2 Feb 2027, 89 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does GOOGM have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on GOOGM, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.