Stock fact sheet · data as of
Neuberger Next Generation Connectivity Fund Inc. (NBXG): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is NBXG undervalued?
At 15.06 (close of 16 Oct 2026), NBXG trades 83% below the GLS average fair value of 91.03. That average comes from 9 models run on the latest filings, and 9 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Neuberger Next Generation Connectivity Fund Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between DDM (21.37) and GLS Growth (249.02). 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 NBXG 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 NBXG
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 | 57.81 | +284% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 39.79 | +164% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 232.67 | +1445% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 101.69 | +575% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 249.02 | +1554% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 24.07 | +60% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 47.66 | +216% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 21.37 | +42% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 45.20 | +200% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.1049 | -101% | 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
Neuberger Next Generation Connectivity Fund Inc. 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 7.9/10 puts NBXG among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.
Returns on capital are high - ROIC 23.5%, ROE 23.5%, ROA 23.1% - with debt at 0.00 times equity and a free-cash-flow yield of 8.0%.
The dividend yield is high at 9.64% (payout ratio 29%). 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 | 0 / 9 | ROIC | 23.5% |
|---|---|---|---|
| GLS Moat | 7.9 / 10 | ROE | 23.5% |
| Debt / equity | 0.00 | ROA | 23.1% |
| Free-cash-flow yield | 8.0% | Payout ratio | 29% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Neuberger Next Generation Connectivity Fund Inc. in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) 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 150k shares a day on a market cap of $1.2B, with a beta of 1.20; the Stability part of the Wheel Score gives that 9 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 83% margin of safety | |
| Health | 0 / 20 | Piotroski 0/9 | |
| Moat | 12 / 15 | moat 7.9/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 9 / 20 | 150k shares/day, $1.2B cap, beta 1.20 |
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 NBXG 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 Neuberger Next Generation Connectivity Fund Inc. 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 |
|---|---|---|---|---|---|
| JFR Nuveen Floating Rate Income Fund | 7.32 | 7.92 | +8% | 39No options | $1.2B |
| MYI BlackRock MuniYield Quality Fund III, Inc. | 9.78 | 14.39 | +32% | 39No options | $1.2B |
| MPEGX Morgan Stanley Inst Discovery Portfolio;I | 25.02 | 4.62 | -441% | 30No options | $1.2B |
| OIIEX Optimum International Equity Fund Class I | 18.05 | 38.80 | +53% | 39No options | $1.2B |
| MUC BlackRock MuniHoldings California Quality Fund, Inc. | 9.70 | 20.37 | +52% | 39No options | $1.2B |
| FICDX Fidelity Canada Fund | 87.82 | 2,196.72 | +96% | 39No options | $1.2B |
| VCX Fundrise Innovation Fund, LLC | 25.38 | 170.56 | +85% | 73Good | $1.1B |
| DESIX DFA Emerging Markets Sustainability Core 1 Portfolio Institutional Class | 12.91 | 7.78 | -66% | 23No options | $1.2B |
| CAM Alliance Bernstein - AB California Intermediate Municipal ETF | 24.31 | 23.16 | -5% | 22No options | $1.1B |
| KLCIX Federated Hermes Kaufmann Large Cap Fund Institutional Shares | 19.34 | 85.04 | +77% | 39No options | $1.1B |
| ACEVX American Century International Value Fund Investor Class | 12.53 | 13.20 | +5% | 37No options | $1.2B |
| EACAX Eaton Vance California Municipal Opportunities Fund | 9.61 | 13.37 | +28% | 39No options | $1.1B |
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Start free See the Sunday ScanQuestions about NBXG
Is NBXG undervalued right now?
By the GLS models, yes: at 15.06 the stock is 83% below the average fair value of 91.03 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NBXG and what does it mean?
NBXG 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 NBXG?
91.03 per share as of 16 Oct 2026 - the simple average of the 9 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 Neuberger Next Generation Connectivity Fund Inc. report earnings next?
No upcoming earnings date is recorded for NBXG in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does NBXG have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on NBXG, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.