Stock fact sheet · data as of
Lands' End, Inc. (LE): fair value, margin of safety and Wheel Score
Consumer Cyclical · Apparel - Retail · United States · Value
Is LE undervalued?
Lands' End, Inc. (LE) closed at 10.28 on 16 Oct 2026. The GLS average fair value - the simple average of the 6 valuation models that produced a positive number - is 319.56, which puts the price 97% below it. 6 of the 6 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.
There is a wide gap between 10 Cap (34.38) and GLS Growth (719.81). 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 LE under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for LE
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 | 66.03 | +542% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 672.54 | +6442% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 293.94 | +2759% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 719.81 | +6902% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 34.38 | +234% | 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 | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 130.64 | +1171% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -4.93 | -148% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 16.50 | +61% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Lands' End, Inc. scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. 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 3.3/10 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 1.1%, ROE 2.3%, ROA 0.7% - with debt at 1.01 times equity and negative free cash flow.
Lands' End, Inc. 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 U Se Commerce 60%, Business Outfitters Revenue 23%, Europe eCommerce 7% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 1.1% |
|---|---|---|---|
| GLS Moat | 3.3 / 10 | ROE | 2.3% |
| Debt / equity | 1.01 | ROA | 0.7% |
| Free-cash-flow yield | -24.2% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 63: Fair
A Wheel Score of 63 puts Lands' End, Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 25/25, Health 9/20, Moat 5/15, Premium 20/20 and Stability 4/20; the weakest part is Stability (4/20).
Implied volatility is 59% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 254 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 165k shares a day on a market cap of $304M, with a beta of 2.26 - 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 gives that 4 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 97% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 5 / 15 | moat 3.3/10 | |
| Premium | 20 / 20 | implied volatility 59% | |
| Stability | 4 / 20 | 165k shares/day, $304M cap, beta 2.26 |
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 8 Dec 2026, 53 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 Apparel - Retail
The 12 companies below are the closest to Lands' End, Inc. by market cap within the Apparel - Retail 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 |
|---|---|---|---|---|---|
| SFIX Stitch Fix, Inc. | 2.39 | 5.26 | +55% | 45Weak | $319M |
| JILL J.Jill, Inc. | 24.68 | 53.48 | +54% | 39No options | $278M |
| SHOE Shoe Station Group Inc. | 13.24 | 32.83 | +60% | 69Good | $359M |
| CURV Torrid Holdings Inc. | 2.45 | 14.03 | +83% | 45Weak | $244M |
| GCO Genesco Inc. | 37.42 | 116.09 | +68% | 68Good | $405M |
| CTRN Citi Trends, Inc. | 49.94 | 20.51 | -144% | 30Weak | $416M |
| ZUMZ Zumiez Inc. | 14.12 | 36.18 | +61% | 74Good | $216M |
| CAL Caleres, Inc. | 13.14 | 42.46 | +69% | 75Good | $453M |
| DLTH Duluth Holdings Inc. | 4.00 | 10.22 | +61% | 64Fair | $152M |
| TLYS Tilly's, Inc. | 4.55 | 3.27 | -39% | 37Weak | $137M |
| AKA a.k.a. Brands Holding Corp. | 10.18 | 29.36 | +65% | 39No options | $112M |
| CRI Carter's Inc. | 32.64 | 88.45 | +63% | 78Good | $1.2B |
Screen 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 same eight-rule screen, 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 LE
Is LE undervalued right now?
By the GLS models, yes: at 10.28 the stock is 97% below the average fair value of 319.56 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of LE and what does it mean?
LE scores 63 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 LE?
319.56 per share as of 16 Oct 2026 - the simple average of the 6 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 Lands' End, Inc. report earnings next?
The next earnings report is due on 8 Dec 2026, 53 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does LE have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 254 open interest across all expiries and implied volatility of 59% 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.