Stock fact sheet · data as of
SOLV Energy, Inc. Class A Common Stock (MWH): fair value, margin of safety and Wheel Score
Utilities · Renewable Utilities · United States · Blend
Is MWH undervalued?
At 23.94 (close of 16 Oct 2026), MWH trades 86% over the GLS average fair value of 12.85, with 2 of 8 models above the price. The stock earns none of the Wheel Score's Value points at this price. That is a statement about price against trailing fundamentals, not about the company's prospects - the Wall Street View and the Growth tab on the Quote page carry the forward numbers.
The 8 models disagree widely: GLS Growth gives 3.96 while 10 Cap gives 31.41. 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 MWH under Blend.
Nine valuation models for MWH
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 | 5.25 | -78% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 4.88 | -80% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 19.29 | -19% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 8.03 | -66% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 3.96 | -83% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 31.41 | +31% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 25.18 | +5% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 4.80 | -80% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -3.87 | -116% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 39.67 | +66% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health MWH scores 7/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 2.5 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 high - ROIC 16.1%, ROE 33.0%, ROA 8.2% - with debt at 1.04 times equity and a free-cash-flow yield of 9.9%.
SOLV Energy, Inc. Class A Common Stock 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 New Construction 99%, Other 1% (quarter Q2 FY2026).
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | 16.1% |
|---|---|---|---|
| GLS Moat | 2.5 / 10 | ROE | 33.0% |
| Debt / equity | 1.04 | ROA | 8.2% |
| Free-cash-flow yield | 9.9% | Payout ratio | 22% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 52: Fair
MWH scores 52 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 0/25, Health 16/20, Moat 4/15, Premium 18/20, Stability 15/20. Value (0/25) is where the points are missing.
Implied volatility is 68% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (18 of 20) because volatility this high usually comes with a reason. Chain open interest is 7,041 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 2.0M shares a day on a market cap of $3.0B, with a beta of 2.15 - 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 15 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -86% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 4 / 15 | moat 2.5/10 | |
| Premium | 18 / 20 | implied volatility 68% | |
| Stability | 15 / 20 | 2.0M shares/day, $3.0B cap, beta 2.15 |
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 12 Nov 2026, 27 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Renewable Utilities
The 12 companies below are the closest to SOLV Energy, Inc. Class A Common Stock by market cap within the Renewable Utilities 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 |
|---|---|---|---|---|---|
| FRVO Fervo Energy Company | 10.26 | 0.7406 | -1285% | 27Weak | $3.0B |
| RNW ReNew Energy Global Plc | 6.88 | 110.07 | +94% | 79Good | $2.5B |
| BEPC Brookfield Renewable Corporation | 28.93 | 22.79 | -27% | 45Weak | $4.4B |
| ORA Ormat Technologies, Inc. | 89.54 | 33.44 | -168% | 59Fair | $5.5B |
| CWEN Clearway Energy, Inc. | 29.96 | 134.14 | +78% | 77Good | $6.2B |
| FLNC Fluence Energy, Inc. | 6.43 | - | - | 39Weak | $1.3B |
| BEPI Brookfield Renewable Partners L.P. | 15.12 | 9.61 | -57% | 27No options | $8.4B |
| BEPH Brookfield BRP Holdings (Canada) Inc 4.625 % Notes 2021-Without Fixed Maturity Global Sub | 14.10 | 9.36 | -51% | 27No options | $8.4B |
| BEP Brookfield Renewable Partners L.P. | 28.65 | 12.94 | -121% | 52Fair | $8.6B |
| XIFR XPLR Infrastructure, LP | 9.89 | 9.11 | -9% | 59Fair | $932M |
| ENLT Enlight Renewable Energy Ltd | 70.06 | 22.39 | -213% | 57Fair | $9.8B |
| GFUZ General Fusion Group Ltd. | 7.04 | 1.41 | -399% | 17Weak | $568M |
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 MWH
Is MWH undervalued right now?
No: at 23.94 the stock trades 86% above the GLS average fair value of 12.85 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of MWH and what does it mean?
MWH scores 52 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 MWH?
12.85 per share as of 16 Oct 2026 - the simple average of the 8 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 SOLV Energy, Inc. Class A Common Stock report earnings next?
The next earnings report is due on 12 Nov 2026, 27 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does MWH have listed options, and how liquid are they?
Yes. The nightly snapshot found 90 listed contracts with 7,041 open interest across all expiries and implied volatility of 68% 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.