Stock fact sheet · data as of
Johnson Outdoors Inc. (JOUT): fair value, margin of safety and Wheel Score
Consumer Cyclical · Leisure · United States · Speculative / Distressed
Is JOUT undervalued?
At 43.41 (close of 16 Oct 2026), JOUT trades 33% below the GLS average fair value of 65.11. That average comes from 3 models run on the latest filings, and 2 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Johnson Outdoors Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
Only 3 of the nine models produced a value (DCF, 10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files JOUT under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for JOUT
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 | 48.56 | +12% | Present value of the projected free cash flows, discounted at the cost of capital |
| 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 | 127.35 | +193% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 19.42 | -55% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 21.51 | -50% | 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 average - JOUT passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 2.4 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC -7.3%, ROE -8.2%, ROA -5.7% - with debt at 0.12 times equity and a free-cash-flow yield of 6.6%.
The dividend yield is 3.04% at a payout ratio of -170%; 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 Fishing 87%, Diving 13% (quarter Q3 FY2025).
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -7.3% |
|---|---|---|---|
| GLS Moat | 2.4 / 10 | ROE | -8.2% |
| Debt / equity | 0.12 | ROA | -5.7% |
| Free-cash-flow yield | 6.6% | Payout ratio | -170% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: No options
JOUT has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 40k shares a day on a market cap of $450M, with a beta of 0.80 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 7 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 33% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 4 / 15 | moat 2.4/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 7 / 20 | 40k shares/day, $450M cap, beta 0.80 |
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 11 Dec 2026, 56 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 Leisure
The 12 companies below are the closest to Johnson Outdoors Inc. by market cap within the Leisure 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 |
|---|---|---|---|---|---|
| FNKO Funko, Inc. | 6.83 | 15.20 | +55% | 45Weak | $382M |
| TRON Tron Inc. | 1.20 | 0.3000 | -300% | 19Weak | $569M |
| JAKK JAKKS Pacific, Inc. | 29.04 | 38.34 | +24% | 62Fair | $332M |
| LUCK Lucky Strike Entertainment Corporation | 5.09 | 7.69 | +34% | 45Weak | $694M |
| ESCA Escalade, Incorporated | 18.70 | 23.33 | +20% | 66Good | $257M |
| PLAY Dave & Buster's Entertainment, Inc. | 7.15 | 131.44 | +95% | 45Weak | $249M |
| FUN Six Flags Entertainment Corporation | 8.55 | 47.63 | +82% | 45Weak | $875M |
| AOUT American Outdoor Brands, Inc. | 17.76 | 32.60 | +46% | 45Weak | $224M |
| XPOF Xponential Fitness, Inc. | 4.77 | - | - | 43Weak | $201M |
| PRKS United Parks & Resorts Inc. | 32.47 | 75.55 | +57% | 72Good | $1.5B |
| CLAR Clarus Corporation | 3.50 | 1.47 | -138% | 36Weak | $134M |
| PTON Peloton Interactive, Inc. | 5.06 | 7.95 | +36% | 73Good | $2.1B |
⚖ Compare JOUT with 7 of them All Consumer Cyclical stocks →
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Start free See the Sunday ScanQuestions about JOUT
Is JOUT undervalued right now?
By the GLS models, yes: at 43.41 the stock is 33% below the average fair value of 65.11 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of JOUT and what does it mean?
JOUT has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for JOUT?
65.11 per share as of 16 Oct 2026 - the simple average of the 3 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 Johnson Outdoors Inc. report earnings next?
The next earnings report is due on 11 Dec 2026 (before the open), 56 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does JOUT have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on JOUT, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.