Stock fact sheet · data as of
Simplify Tax Aware Alternatives ETF (LQ): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is LQ undervalued?
At 23.90 (close of 16 Oct 2026), LQ trades 23% over the GLS average fair value of 19.44. 3 of the 7 models land above the price and 4 below. A negative margin of safety costs Value points in the Wheel Score (3 of 25 here) - the models see no discount, which does not make the business a poor one, only the price a full one.
There is a wide gap between DDM (4.41) and Graham Growth (42.26). 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 LQ 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 LQ
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 | 28.96 | +21% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 42.26 | +77% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 10.48 | -56% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 10.55 | -56% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 10.29 | -57% | 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 | 4.41 | -82% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 29.10 | +22% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.0000 | -100% | 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
Simplify Tax Aware Alternatives ETF scores only 0 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 0.0/10 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 0.0%, ROE 0.0%, ROA 0.0% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is 1.26% with a payout ratio of 0% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 0 / 9 | ROIC | 0.0% |
|---|---|---|---|
| GLS Moat | 0.0 / 10 | ROE | 0.0% |
| Debt / equity | 0.00 | ROA | 0.0% |
| Free-cash-flow yield | -1433.2% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 9: No options
No options are listed on Simplify Tax Aware Alternatives ETF in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 9) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 0k shares a day on a market cap of $2M, with a beta of 1.29 - 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 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 3 / 25 | -23% margin of safety | |
| Health | 0 / 20 | Piotroski 0/9 | |
| Moat | 0 / 15 | moat 0.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $2M cap, beta 1.29 |
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
No upcoming earnings date is recorded for LQ in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
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|---|---|---|---|---|---|
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| WR Corgi U.S. War Machine ETF | 27.69 | 39.16 | +29% | 34Weak | $3M |
| PRXI Praxis Impact International ETF | 24.65 | - | - | 27No options | $4M |
| EYES Corgi Data & Surveillance ETF | 29.82 | - | - | 33Weak | $4M |
| ARCX Tradr 2X Long ACHR Daily ETF | 7.04 | 19.23 | +63% | 30Weak | $2M |
| TETAB Alpha G Investment Management, Inc. | 12.83 | 10.51 | -22% | 25No options | $4M |
| CWD CaliberCos Inc. | 0.4359 | - | - | 26No options | $5M |
| ISRL Defiance KSM Israel 120 ETF | 23.74 | 2.69 | -782% | 3No options | $1M |
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Start free See the Sunday ScanQuestions about LQ
Is LQ undervalued right now?
No: at 23.90 the stock trades 23% above the GLS average fair value of 19.44 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of LQ and what does it mean?
LQ 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 LQ?
19.44 per share as of 16 Oct 2026 - the simple average of the 7 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 Simplify Tax Aware Alternatives ETF report earnings next?
No upcoming earnings date is recorded for LQ in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does LQ have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on LQ, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.