Stock fact sheet · data as of
Daily Target 2X Long MSTR ETF (MSTX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Leveraged · United States · Speculative / Distressed
Is MSTX undervalued?
Daily Target 2X Long MSTR ETF (MSTX) closed at 17.36 on 16 Oct 2026. None of the nine GLS valuation models produced a positive value for the stock - the company lost money over the last twelve months, EPS -0.55 and it pays no dividend - so there is no GLS average fair value and no margin of safety to report. The quality, option and event numbers below still apply; the Quote page's Wall Street View shows what analysts expect instead.
The nightly engine files MSTX 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 MSTX
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 | - | - | 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 | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 60.90 | +251% | 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: MSTX passes 1 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 1.6 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 thin or negative - ROIC -51.0%, ROE -58.5%, ROA -46.9% - with debt at 0.15 times equity and negative free cash flow.
Daily Target 2X Long MSTR ETF pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 1 / 9 | ROIC | -51.0% |
|---|---|---|---|
| GLS Moat | 1.6 / 10 | ROE | -58.5% |
| Debt / equity | 0.15 | ROA | -46.9% |
| Free-cash-flow yield | -202.9% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 30: Weak
MSTX scores 30 out of 100 on the Wheel Score, in the Weak band (under 50). Value 13/25, Health 2/20, Moat 2/15, Premium 5/20, Stability 8/20. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 139%, far above the range the wheel strategy is built for. The premium looks generous; the Wheel Score gives it only 5 of 20 Premium points because moves of that size can blow through any strike. The option chain is deep: 114,593 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 7.7M shares a day on a market cap of $55M, with a beta of 4.73 - 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 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 13 / 25 | 0% margin of safety | |
| Health | 2 / 20 | Piotroski 1/9 | |
| Moat | 2 / 15 | moat 1.6/10 | |
| Premium | 5 / 20 | implied volatility 139% | |
| Stability | 8 / 20 | 7.7M shares/day, $55M cap, beta 4.73 |
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 MSTX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Leveraged
The 9 companies below are the closest to Daily Target 2X Long MSTR ETF by market cap within the Asset Management - Leveraged 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 |
|---|---|---|---|---|---|
| ETHT ProShares - Ultra Ether ETF | 15.99 | 1.73 | -822% | 29Weak | $117M |
| BPLSX Boston Partners Long/Short Equity Fund | 18.63 | 16.97 | -10% | 32No options | $135M |
| SDS ProShares - UltraShort S&P500 | 53.71 | 41.68 | -29% | 45Weak | $278M |
| XOMX Direxion Daily XOM Bull 2X ETF | 56.27 | 77.13 | +27% | 39No options | $5M |
| CONX Direxion Daily COIN Bull 2X ETF | 6.66 | 62.46 | +89% | 39No options | $5M |
| EXMAX Eaton Vance Short Duration Muni Opps A | 9.66 | 4.59 | -110% | 27No options | $808M |
| MPG Leverage Shares 2x Long MP Daily ETF | 2.79 | 24.35 | +89% | 33Weak | $906K |
| USX Corgi Total U.S. Market 2x Daily ETF | 24.57 | - | - | 15No options | $492K |
| ASBFX American Funds Short-Term Bond Fund of America;F1 | 9.38 | 54.28 | +83% | 39No options | $12.9B |
⚖ Compare MSTX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about MSTX
Is MSTX undervalued right now?
The GLS models could not value MSTX (the company lost money over the last twelve months, EPS -0.55 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 17.36 against.
What is the Wheel Score of MSTX and what does it mean?
MSTX scores 30 out of 100 (Weak). 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 MSTX?
None of the nine GLS models produced a positive value for MSTX (the company lost money over the last twelve months, EPS -0.55 and it pays no dividend), so there is no GLS fair value tonight.
When does Daily Target 2X Long MSTR ETF report earnings next?
No upcoming earnings date is recorded for MSTX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does MSTX have listed options, and how liquid are they?
Yes. The nightly snapshot found 1,000 listed contracts with 114,593 open interest across all expiries and implied volatility of 139% 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.