Stock fact sheet · data as of
U.S. Global Investors, Inc. (GROW): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Defensive
Is GROW undervalued?
U.S. Global Investors, Inc. (GROW) closed at 2.72 on 16 Oct 2026, 17% above the GLS average fair value of 2.32. Only 4 of the 9 models that produced a number value the shares above the current price. The margin of safety is negative, so the stock fails the "below fair value" rule of the Sunday Scan; a premium of this size is common for companies whose growth the models are conservative about.
There is a wide gap between GLS Growth (0.7244) and Graham Number (4.51). 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 GROW under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for GROW
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 | 3.15 | +16% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 4.51 | +66% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3.93 | +44% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.9565 | -65% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.7244 | -73% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 2.48 | -9% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 1.06 | -61% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 1.32 | -51% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 2.75 | +1% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 1.92 | -29% | 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
U.S. Global Investors, Inc. scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 2.9/10 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 moderate - ROIC 6.7%, ROE 6.8%, ROA 6.3% - with debt at 0.00 times equity and a free-cash-flow yield of 2.0%.
The dividend yield is 3.31% at a payout ratio of 37%; 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 Investment And Advisory Services 98%, Administrative Service 2% (quarter Q4 FY2026).
Institutional ownership scores 4/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 6.7% |
|---|---|---|---|
| GLS Moat | 2.9 / 10 | ROE | 6.8% |
| Debt / equity | 0.00 | ROA | 6.3% |
| Free-cash-flow yield | 2.0% | Payout ratio | 37% |
| Institutions | 4 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 U.S. Global Investors, Inc. sits in the Weak band. The parts - Value 5/25, Health 16/20, Moat 4/15, Premium 14/20, Stability 6/20 - show where: Value (5/25) scores lowest.
Implied volatility is 86% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (14 of 20) because volatility this high usually comes with a reason. Chain open interest is thin - 106 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 13k shares a day on a market cap of $33M, with a beta of 0.67 - 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 | 5 / 25 | -17% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 4 / 15 | moat 2.9/10 | |
| Premium | 14 / 20 | implied volatility 86% | |
| Stability | 6 / 20 | 13k shares/day, $33M cap, beta 0.67 |
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 12 Nov 2026 (before the open), 27 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium. The next ex-dividend date is 16 Nov 2026 (0.0075 per share).
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 U.S. Global Investors, Inc. 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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| CPST Calamos S&P 500 Structured Alt Protection ETF - September | 28.23 | - | - | 21No options | $32M |
| GXLM Grayscale Stellar Lumens Trust | 22.74 | - | - | 17No options | $35M |
| MLCI Mount Logan Capital Inc. | 3.17 | 32.60 | +90% | 38No options | $35M |
| RMCO Royalty Management Holding Corporation | 2.35 | 0.1471 | -1497% | 16No options | $36M |
| INOV Innovator Intl Developed Power Buffer ETF | 36.71 | 72.01 | +49% | 39No options | $36M |
| AFALX Applied Finance Dividend Fund Investor Class | 14.11 | 241.67 | +94% | 39No options | $31M |
| BXLC Bexil Corporation | 60.00 | 322.21 | +81% | 39No options | $31M |
| HERZ Herzfeld Credit Income Fund, Inc. | 15.18 | 48.71 | +69% | 39No options | $31M |
| BMNM Bimini Capital Management, Inc. | 3.00 | 198.76 | +98% | 39No options | $30M |
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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 same eight-rule screen, 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 GROW
Is GROW undervalued right now?
No: at 2.72 the stock trades 17% above the GLS average fair value of 2.32 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of GROW and what does it mean?
GROW scores 45 out of 100 (Weak). 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 GROW?
2.32 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 U.S. Global Investors, Inc. report earnings next?
The next earnings report is due on 12 Nov 2026 (before the open), 27 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does GROW have listed options, and how liquid are they?
Yes. The nightly snapshot found 30 listed contracts with 106 open interest across all expiries and implied volatility of 86% 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.