Stock fact sheet · data as of
Gold Royalty Corp. (GROY): fair value, margin of safety and Wheel Score
Basic Materials · Gold · Canada · High Growth
Is GROY undervalued?
At 2.94 (close of 16 Oct 2026), GROY trades 774% over the GLS average fair value of 0.3365, with 0 of 5 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
There is a wide gap between EPV (0.0723) and Graham Number (0.6777). 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 GROY under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for GROY
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 | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 0.6777 | -77% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 0.3720 | -87% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.1626 | -94% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.3981 | -86% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 0.0723 | -98% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.4360 | -115% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 5.83 | +98% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Gold Royalty Corp. 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 4.1/10 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 thin or negative - ROIC -0.6%, ROE -0.6%, ROA -0.5% - with debt at 0.00 times equity and negative free cash flow.
Gold Royalty Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 3/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | -0.6% |
|---|---|---|---|
| GLS Moat | 4.1 / 10 | ROE | -0.6% |
| Debt / equity | 0.00 | ROA | -0.5% |
| Free-cash-flow yield | -14.2% | Payout ratio | 0% |
| Institutions | 3 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 56: Fair
A Wheel Score of 56 puts Gold Royalty Corp. in the Fair band - below the 70 the Sunday Scan requires. Value 0/25, Health 16/20, Moat 6/15, Premium 19/20 and Stability 15/20; the weakest part is Value (0/25).
Implied volatility is 64% 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 (19 of 20) because volatility this high usually comes with a reason. The option chain is deep: 54,989 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 1.7M shares a day on a market cap of $681M, with a beta of 1.00; the Stability part of the Wheel Score gives that 15 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -774% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 6 / 15 | moat 4.1/10 | |
| Premium | 19 / 20 | implied volatility 64% | |
| Stability | 15 / 20 | 1.7M shares/day, $681M cap, beta 1.00 |
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 4 Nov 2026 (after the close), 19 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 Gold
The 12 companies below are the closest to Gold Royalty Corp. by market cap within the Gold 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 |
|---|---|---|---|---|---|
| DC Dakota Gold Corp. | 5.52 | 0.2584 | -2036% | 41Weak | $741M |
| MAKO Mako Mining Corp. | 8.94 | 19.18 | +53% | 39No options | $783M |
| GAU Galiano Gold Inc. | 2.19 | 8.35 | +74% | 75Good | $573M |
| OGG Osisko Gold Group Inc. | 2.65 | - | - | 45Weak | $811M |
| RBTK Zhen Ding Resources Inc. | 7.98 | 0.0120 | -66467% | 19No options | $886M |
| THM International Tower Hill Mines Ltd. | 2.00 | 0.0059 | -33829% | 18No options | $523M |
| CTGO Contango Silver & Gold Inc. | 15.15 | 16.12 | +6% | 45Weak | $507M |
| CMCL Caledonia Mining Corporation Plc | 23.70 | 96.25 | +75% | 80Prime | $458M |
| CNL Collective Mining Ltd. | 11.25 | 1.50 | -650% | 16No options | $1.0B |
| VGZ Vista Gold Corp. | 2.55 | 0.1060 | -2305% | 25Weak | $372M |
| IAUX i-80 Gold Corp | 1.53 | - | - | 36No options | $1.3B |
| IDR Idaho Strategic Resources, Inc. | 21.46 | 24.06 | +11% | 65Good | $340M |
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Start free See the Sunday ScanQuestions about GROY
Is GROY undervalued right now?
No: at 2.94 the stock trades 774% above the GLS average fair value of 0.3365 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of GROY and what does it mean?
GROY scores 56 out of 100 (Fair). 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 GROY?
0.3365 per share as of 16 Oct 2026 - the simple average of the 5 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 Gold Royalty Corp. report earnings next?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does GROY have listed options, and how liquid are they?
Yes. The nightly snapshot found 180 listed contracts with 54,989 open interest across all expiries and implied volatility of 64% 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.