Stock fact sheet · data as of
Matthews Emerging Markets Sustainable Future Fund (MASGX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is MASGX undervalued?
MASGX closed at 18.08 on 16 Oct 2026, more than 30% above the GLS average fair value of 10.67. Only 0 of the 6 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
The 6 models disagree widely: GLS Growth gives 2.99 while Graham Number gives 17.70. 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.
The nightly engine files MASGX 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 MASGX
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 | 17.70 | -2% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.49 | -9% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.09 | -77% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2.99 | -83% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 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 | 11.38 | -37% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 11.35 | -37% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.6067 | -103% | 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: MASGX passes 3 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 3.6 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 moderate - ROIC 7.2%, ROE 7.5%, ROA 7.1% - with debt at 0.05 times equity and negative free cash flow.
The dividend yield is high at 4.28% (payout ratio 0%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 7.2% |
|---|---|---|---|
| GLS Moat | 3.6 / 10 | ROE | 7.5% |
| Debt / equity | 0.05 | ROA | 7.1% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 18: No options
MASGX 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" (18 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at - a day on a market cap of $308M, with a beta of 1.31 - 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 | 0 / 25 | -70% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 5 / 15 | moat 3.6/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $308M cap, beta 1.31 |
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 MASGX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Matthews Emerging Markets Sustainable Future Fund by market cap within the Asset Management 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 |
|---|---|---|---|---|---|
| HTFC Horizon Technology Finance Corp | 24.91 | 14.80 | -68% | 18No options | $308M |
| HRZN Horizon Technology Finance Corporation | 4.59 | 9.46 | +51% | 74Good | $308M |
| FAMFX FAM Small Cap Fund Investor Class | 23.12 | 6,575.74 | +100% | 39No options | $307M |
| ZTR Virtus Total Return Fund Inc. | 6.22 | 27.72 | +78% | 39No options | $309M |
| PPT Franklin Premier Income Trust | 3.21 | 5.64 | +43% | 39No options | $307M |
| BKT BlackRock Income Trust, Inc. | 9.62 | 13.54 | +29% | 39No options | $312M |
| BAGAX Brown Advisory Growth Equity Adv Shares | 8.41 | 41.02 | +79% | 39No options | $304M |
| HIO Western Asset High Income Opportunity Fund Inc | 3.29 | 7.21 | +54% | 39No options | $313M |
| HIX Western Asset High Income Fund II Inc | 3.50 | 13.82 | +75% | 39No options | $315M |
| MINVX Madison Large Cap Fund Class Y | 30.86 | 99.74 | +69% | 39No options | $301M |
| FWRLX Fidelity Select Wireless | 14.76 | 77.17 | +81% | 39No options | $301M |
| EFR Eaton Vance Senior Floating-Rate Trust | 10.19 | 33.51 | +70% | 39No options | $301M |
⚖ Compare MASGX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about MASGX
Is MASGX undervalued right now?
No: at 18.08 the stock trades 70% above the GLS average fair value of 10.67 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of MASGX and what does it mean?
MASGX 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 MASGX?
10.67 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 Matthews Emerging Markets Sustainable Future Fund report earnings next?
No upcoming earnings date is recorded for MASGX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does MASGX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on MASGX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.