Stock fact sheet · data as of
U.S. Global Investors, Inc. (GROW): fair value, margin of safety and Wheel Score
Ticker symbol GROW · Financial Services · Asset Management · United States · Class A common stock · Value
GROW is U.S. Global Investors, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is GROW undervalued?
U.S. Global Investors, Inc. (GROW) closed at 2.69 on 5 Nov 2026, 16% above the GLS average fair value of 2.33. 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" Wheel Trade Filter; 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.
Ranked against every other company we cover, GROW is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 63, growth score 14, out of 100).
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 | 3.20 | +19% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 4.51 | +68% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3.93 | +46% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.9565 | -64% | 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 | -8% | 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 | +2% | 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 "Piotroski 6 or more" Wheel Trade Filter with room to spare. A GLS Moat score of 4.5/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, 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 2.1%.
The dividend yield is 3.35% 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; the last recorded insider buy was on 3 Nov 2026.
| Piotroski F-score | 7 / 9 | ROIC | 6.7% |
|---|---|---|---|
| GLS Moat | 4.5 / 10 | ROE | 6.8% |
| Debt / equity | 0.00 | ROA | 6.3% |
| Free-cash-flow yield | 2.1% | Payout ratio | 37% |
| Institutions | 4 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 21: Weak
With a Wheel Score of 21 U.S. Global Investors, Inc. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (42 open interest, 9 a day); and filter 3, below fair value - trades 16% above our fair value; and filter 7, a premium worth selling - implied volatility 117% (over 80%); and filter 8, big enough - market cap $33M (under $1.0B); and filter 9, not a penny stock - price 2.69 (under $5); Value (weak) is its weakest part.
Implied volatility is 117%, 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 - 42 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 9k shares a day on a market cap of $33M, with a beta of 0.66 - 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 (42 open interest, 9 a day) |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 16% 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 | 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 | implied volatility 117% (over 80%) |
| 8 | Big enough | Fails | market cap $33M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 2.69 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 16% above fair value | |
| Premium | Weak | implied volatility 117% | |
| Moat | Fair | moat 4.5/10 | |
| Health | Good | Piotroski 7/9 | |
| Red Flags | Good | Red Flags score 82/100 | |
| Option trading | Weak | 9 contracts a day, 42 open interest | |
| Stability | Fair | beta 0.66, $33M 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
U.S. Global Investors, Inc. reports earnings on 12 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk. The shares go ex-dividend on 16 Nov 2026 (0.0075 per share), so a covered call sold before then carries a small early-assignment risk around that date.
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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| SIXD AllianzIM U.S. Equity 6 Month Buffer10 Jun/Dec ETF | 31.45 | - | - | 12No options | $34M |
| RSRFX Reaves Infrastructure Fund Class Inst | 10.90 | 26.58 | +59% | 25No options | $34M |
| RMCO Royalty Management Holding Corporation | 2.29 | 0.1471 | -1459% | 15No options | $35M |
| BXLC Bexil Corporation | 60.00 | 323.16 | +81% | 32No options | $31M |
| GXLM Grayscale Stellar Lumens Trust | 23.17 | - | - | 6No options | $36M |
| LCAP Principal Capital Appreciation Select ETF | 33.65 | 0.4561 | -7277% | 12No options | $37M |
| BMNM Bimini Capital Management, Inc. | 2.96 | 198.93 | +99% | 32No options | $30M |
⚖ Compare GROW with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about GROW
What kind of share is GROW?
GROW is U.S. Global Investors, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is GROW undervalued right now?
No: at 2.69 the stock trades 16% above the GLS average fair value of 2.33 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of GROW and what does it mean?
GROW scores 21 out of 100 (Weak) - it fails Wheel Trade Filters 1, 3, 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 GROW?
2.33 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 U.S. Global Investors, Inc. report earnings next?
The next earnings report is due on 12 Nov 2026 (before the open), 7 days from the data date of 5 Nov 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 4 listed contracts with 42 open interest across all expiries and implied volatility of 117% 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.