Harleysville Financial Corporation (HARL): fair value, margin of safety and Wheel Score

Is HARL undervalued?

Harleysville Financial Corporation (HARL) closed at 33.45 on 5 Nov 2026. The GLS average fair value - the simple average of the 7 valuation models that produced a positive number - is 38.66, so the price sits 13% below it. 4 of the 7 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.

There is a wide gap between Lynch (6.27) and DCF (89.63). 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, neither cheapness nor growth clearly wins for HARL, so the nightly engine files it under Blend (value score 63, growth score 56, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).

Nine valuation models for HARL

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.

Quality and financial health

Harleysville Financial Corporation scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. 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 HARL scores 6.8/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.

Returns on capital are thin or negative - ROIC 4.6%, ROE 12.9%, ROA 1.3% - with debt at 1.77 times equity and negative free cash flow.

The dividend yield is high at 4.19% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.

Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Wheel Score 26: No options

No options are listed on Harleysville Financial Corporation in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 26, 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 2k shares a day on a market cap of $119M, with a beta of 0.17 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.

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 27 Jan 2027, 83 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 Banks

The 8 companies below are the closest to Harleysville Financial Corporation by market cap within the Banks industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare HARL with 7 of them   All Financial Services stocks →