Stock fact sheet · data as of
High Templar Tech Limited (HTT): fair value, margin of safety and Wheel Score
Ticker symbol HTT · Financial Services · Financial - Credit Services · China · ADR · Value
HTT is an American depositary share (ADR): the US listing of High Templar Tech Limited, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is HTT undervalued?
High Templar Tech Limited (HTT) closed at 1.78 on 5 Nov 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 18.60, which puts the price 90% below it. 8 of the 8 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 8 models disagree widely: DCF gives 5.07 while GLS Growth gives 38.76. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, HTT is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 95, growth score 43, out of 100).
Nine valuation models for HTT
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 | 5.07 | +185% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 12.49 | +602% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 36.21 | +1934% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 15.83 | +789% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 38.76 | +2077% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 12.16 | +583% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 21.26 | +1094% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 7.03 | +295% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 7.34 | +312% | 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
Financial health is weak: HTT passes 4 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is 5.2 out of 10: a record that is solid on some of the four parts the score weighs (returns on capital, pricing power, lasting growth, balance sheet) and weaker on others.
Returns on capital are moderate - ROIC 5.4%, ROE 6.1%, ROA 5.2% - with debt at 0.14 times equity and negative free cash flow.
High Templar Tech Limited pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Sales Income 100% (fiscal year FY2025).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 5.4% |
|---|---|---|---|
| GLS Moat | 5.2 / 10 | ROE | 6.1% |
| Debt / equity | 0.14 | ROA | 5.2% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 29: Weak
HTT scores 29 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (1,043 open interest, 11 a day); and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 7, a premium worth selling - implied volatility 312% (over 80%); and filter 8, big enough - market cap $284M (under $1.0B); and filter 9, not a penny stock - price 1.78 (under $5), and the parts are thin too - value strong, premium weak, moat fair, health fair, red flags fair, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 312%, 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 - 1,043 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 70k shares a day on a market cap of $284M, with a beta of 1.26 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; 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 (1,043 open interest, 11 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 | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 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 312% (over 80%) |
| 8 | Big enough | Fails | market cap $284M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 1.78 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 90% below fair value | |
| Premium | Weak | implied volatility 312% | |
| Moat | Fair | moat 5.2/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Fair | Red Flags score 70/100 | |
| Option trading | Weak | 11 contracts a day, 1,043 open interest | |
| Stability | Fair | beta 1.26, $284M 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 14 Dec 2026, 39 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 Financial - Credit Services
The 12 companies below are the closest to High Templar Tech Limited by market cap within the Financial - Credit Services 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 |
|---|---|---|---|---|---|
| RWAY Runway Growth Finance Corp. | 6.56 | 19.52 | +66% | 41Weak | $275M |
| RWAYL Runway Growth Finance Corp. - 7 | 25.35 | 26.69 | +5% | 20No options | $275M |
| PMTS CPI Card Group Inc. | 28.24 | 56.72 | +50% | 32No options | $327M |
| ORBS Eightco Holdings Inc. | 0.7933 | - | - | 11Weak | $333M |
| MFIN Medallion Financial Corp. | 10.37 | 56.16 | +82% | 49Weak | $234M |
| RM Regional Management Corp. | 39.50 | 220.57 | +82% | 52Fair | $353M |
| CPSS Consumer Portfolio Services, Inc. | 10.14 | 71.08 | +86% | 39Weak | $222M |
| TROO TROOPS, Inc. | 1.81 | - | - | 10Weak | $221M |
| TREE LendingTree, Inc. | 38.35 | 147.03 | +74% | 46Weak | $538M |
| OPFI OppFi Inc. | 6.37 | 53.03 | +88% | 41Weak | $543M |
| OPRT Oportun Financial Corporation | 13.01 | 40.48 | +68% | 44Weak | $598M |
| LX LexinFintech Holdings Ltd. | 0.6950 | 40.79 | +98% | 34Weak | $115M |
⚖ Compare HTT with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about HTT
Is HTT undervalued right now?
By the GLS models, yes: at 1.78 the stock is 90% below the average fair value of 18.60 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of HTT and what does it mean?
HTT scores 29 out of 100 (Weak) - it fails Wheel Trade Filters 1, 4, 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 HTT?
18.60 per share as of 5 Nov 2026 - the simple average of the 8 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 High Templar Tech Limited report earnings next?
The next earnings report is due on 14 Dec 2026, 39 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does HTT have listed options, and how liquid are they?
Yes. The nightly snapshot found 4 listed contracts with 1,043 open interest across all expiries and implied volatility of 312% 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.
Is HTT an ADR?
Yes. HTT is an American depositary share (ADR): the US listing of High Templar Tech Limited, whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.