Stock fact sheet · data as of
Intchains Group Limited (ICG): fair value, margin of safety and Wheel Score
Ticker symbol ICG · Technology · Computer Hardware · China · ADR · Speculative
ICG is an American depositary share (ADR): the US listing of Intchains Group 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 ICG undervalued?
At 1.35 (close of 5 Nov 2026), ICG has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -1.37 and it pays no dividend), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.
The nightly engine files ICG under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for ICG
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 | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 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 | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 2.64 | +96% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 2.50 | +86% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Intchains Group Limited scores only 1 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 4.3/10 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 thin or negative - ROIC -5.2%, ROE -5.2%, ROA -5.0% - with debt at 0.00 times equity and negative free cash flow.
Intchains Group 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 Mining Products 50%, Product 50%, Other Revenue 0% (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 | 1 / 9 | ROIC | -5.2% |
|---|---|---|---|
| GLS Moat | 4.3 / 10 | ROE | -5.2% |
| Debt / equity | 0.00 | ROA | -5.0% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 12: No options
No options are listed on Intchains Group Limited in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 12, 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 26k shares a day on a market cap of $41M, with a beta of 1.12; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 1/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay 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 | no implied volatility |
| 8 | Big enough | Fails | market cap $41M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 1.34 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% below fair value | |
| Premium | Weak | no option data | |
| Moat | Fair | moat 4.3/10 | |
| Health | Weak | Piotroski 1/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 1.12, $41M 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
Intchains Group Limited reports earnings on 12 Nov 2026 - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Computer Hardware
The 12 companies below are the closest to Intchains Group Limited by market cap within the Computer Hardware 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 |
|---|---|---|---|---|---|
| AMCI AMC Robotics Corporation | 1.59 | 0.4956 | -220% | 12No options | $38M |
| TACT TransAct Technologies Incorporated | 5.27 | 10.39 | +49% | 40Weak | $54M |
| YIBO Planet Image International Limited Class A | 1.10 | 1.25 | +12% | 16No options | $65M |
| QBAK Qualstar Corporation | 6.20 | 0.3193 | -1842% | 12No options | $26M |
| UAVS AgEagle Aerial Systems, Inc. | 0.3461 | - | - | 8No options | $22M |
| CAN Canaan Inc. | 0.2069 | - | - | 10Weak | $83M |
| VTIX Virtuix Holdings Inc. Class A Common Stock | 0.5460 | - | - | 14No options | $16M |
| KTCC Key Tronic Corporation | 1.46 | 22.37 | +93% | 23Weak | $16M |
| OSS One Stop Systems, Inc. | 4.66 | 0.8432 | -453% | 17Weak | $117M |
| EBON Ebang International Holdings Inc. | 1.79 | 28.84 | +94% | 24No options | $11M |
| BGIN Bgin Blockchain Limited | 1.80 | 0.6119 | -194% | 13No options | $204M |
| BTCT BTC Digital Ltd. | 0.7389 | - | - | 11No options | $7M |
Scan the whole market the same way
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 top 10 stocks that pass all 9 Wheel Trade Filters, 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 ICG
Is ICG undervalued right now?
The GLS models could not value ICG (the company lost money over the last twelve months, EPS -1.37 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 1.35 against.
What is the Wheel Score of ICG and what does it mean?
ICG has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for ICG?
None of the nine GLS models produced a positive value for ICG (the company lost money over the last twelve months, EPS -1.37 and it pays no dividend), so there is no GLS fair value tonight.
When does Intchains Group Limited report earnings next?
The next earnings report is due on 12 Nov 2026, 7 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does ICG have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on ICG, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.
Is ICG an ADR?
Yes. ICG is an American depositary share (ADR): the US listing of Intchains Group 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.