Stock fact sheet · data as of
Ramaco Resources, Inc. (METC): fair value, margin of safety and Wheel Score
Ticker symbol METC · Energy · Coal · United States · Class A common stock · Speculative
METC is Ramaco Resources, Inc.'s Class A common stock. The company also lists METCB (Class B common stock). The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is METC undervalued?
METC closed at 6.98 on 5 Nov 2026, more than 30% above the GLS average fair value of 1.21. Only 0 of the 2 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 "below fair value" Wheel Trade Filter keeps names like this under 70.
The average is built from just 2 models (DCF, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files METC 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 METC
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 | 1.18 | -83% | 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 | - | - | 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 | 1.23 | -82% | 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) | -1.14 | -116% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 10.67 | +53% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Ramaco Resources, Inc. scores only 3 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 2.7/10 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 -5.4%, ROE -10.6%, ROA -4.5% - with debt at 0.97 times equity and negative free cash flow.
The dividend yield is 1.20% with a payout ratio of 0% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Export Revenues 72%, Domestic Coal Revenues 28% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | -5.4% |
|---|---|---|---|
| GLS Moat | 2.7 / 10 | ROE | -10.6% |
| Debt / equity | 0.97 | ROA | -4.5% |
| Free-cash-flow yield | -44.4% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 19: Weak
With a Wheel Score of 19 Ramaco Resources, Inc. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades 478% above our fair value; and filter 4, financially healthy - Piotroski 3/9 (under 6); and filter 5, can repay its debt - debt with no positive cash flow to repay it; and filter 6, no serious red flags - Red Flags score 35 (under 60); and filter 7, a premium worth selling - implied volatility 88% (over 80%); and filter 8, big enough - market cap $362M (under $1.0B); Value (weak) is its weakest part.
Implied volatility is 88%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is 12,546 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 5.9M shares a day on a market cap of $362M, 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 rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades 478% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 3/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Fails | Red Flags score 35 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 88% (over 80%) |
| 8 | Big enough | Fails | market cap $362M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 478% above fair value | |
| Premium | Fair | implied volatility 88% | |
| Moat | Weak | moat 2.7/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Weak | Red Flags score 35/100 | |
| Option trading | Fair | 2,142 contracts a day, 12,546 open interest | |
| Stability | Fair | beta 1.29, $362M 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
No upcoming earnings date is recorded for METC in the nightly calendar.
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 Coal
The 12 companies below are the closest to Ramaco Resources, Inc. by market cap within the Coal 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 |
|---|---|---|---|---|---|
| METCZ Ramaco Resources, Inc. | 24.48 | 2.75 | -790% | 14No options | $362M |
| METCB Ramaco Resources, Inc. | 3.98 | 0.9654 | -312% | 14No options | $340M |
| NC NACCO Industries, Inc. | 33.67 | 34.10 | +1% | 19No options | $254M |
| PDER Pardee Resources Company | 294.00 | 199.00 | -48% | 17No options | $192M |
| CODQL Coronado Global Resources Inc. | 0.1050 | 0.1728 | +39% | 28No options | $176M |
| AREC American Resources Corporation | 0.9963 | 16.92 | +94% | 24Weak | $107M |
| NRP Natural Resource Partners L.P. | 118.50 | 123.78 | +4% | 70Good | $1.6B |
| AMR Alpha Metallurgical Resources, Inc. | 153.81 | 149.70 | -3% | 28Weak | $1.9B |
| BTU Peabody Energy Corporation | 17.02 | 52.43 | +68% | 48Weak | $2.1B |
| ARLP Alliance Resource Partners, L.P. | 25.18 | 42.92 | +41% | 43Weak | $3.2B |
| CNR Core Natural Resources, Inc. | 80.22 | 191.21 | +58% | 84Good | $4.0B |
| HCC Warrior Met Coal, Inc. | 80.92 | 57.65 | -40% | 40Weak | $4.3B |
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Start free See the Sunday ScanQuestions about METC
What is the difference between METC and METCB?
METC is Ramaco Resources, Inc.'s Class A common stock; METCB is its Class B common stock. They own the same company and report the same earnings, so their prices move almost together. The difference is mainly the vote each share carries, set out in the annual report. For selling options either works - pick the class whose options trade more.
Is METC undervalued right now?
No: at 6.98 the stock trades 478% above the GLS average fair value of 1.21 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of METC and what does it mean?
METC scores 19 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 5, 6, 7, 8. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for METC?
1.21 per share as of 5 Nov 2026 - the simple average of the 2 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 Ramaco Resources, Inc. report earnings next?
No upcoming earnings date is recorded for METC in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does METC have listed options, and how liquid are they?
Yes. The nightly snapshot found 30 listed contracts with 12,546 open interest across all expiries and implied volatility of 88% 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.