Stock fact sheet · data as of
NewtekOne, Inc. (NEWT): fair value, margin of safety and Wheel Score
Ticker symbol NEWT · Financial Services · Banks - Regional · United States · Speculative Income
Is NEWT undervalued?
At 11.01 (close of 5 Nov 2026), NEWT trades 80% below the GLS average fair value of 54.89. That average comes from 7 models run on the latest filings, and 7 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 NewtekOne, Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 7 models disagree widely: DDM gives 11.18 while DCF gives 123.74. 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 NEWT 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. It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for NEWT
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 | 123.74 | +1024% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 23.52 | +114% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 66.04 | +500% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 25.91 | +135% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 113.29 | +929% | 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 | 11.18 | +2% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 20.56 | +87% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -69.18 | -728% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 14.00 | +27% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: NEWT passes 3 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is 7.7 out of 10 - high returns on capital, steady margins and growth that held up through bad years point to a durable business.
Returns on capital are thin or negative - ROIC 5.0%, ROE 15.2%, ROA 2.2% - with debt at 2.07 times equity and negative free cash flow. Debt of 2.07 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 6.90% (payout ratio 52%). 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. Revenue comes mainly from Electronic Payment Processing 59%, Small Business Finance 27%, Managed Technology Solutions 10% (quarter Q3 FY2014).
Institutional ownership scores 6/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 5.0% |
|---|---|---|---|
| GLS Moat | 7.7 / 10 | ROE | 15.2% |
| Debt / equity | 2.07 | ROA | 2.2% |
| Free-cash-flow yield | -177.6% | Payout ratio | 52% |
| Institutions | 6 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 42: Weak
NEWT scores 42 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (578 open interest, 177 a day); and filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 4, financially healthy - Piotroski 3/9 (under 6); and filter 8, big enough - market cap $318M (under $1.0B), and the parts are thin too - value strong, premium strong, moat good, health weak, red flags weak, option trading weak, stability fair. 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 64% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. Chain open interest is thin - 578 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 317k shares a day on a market cap of $318M, with a beta of 1.38 - 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 | Fails | options too quiet (578 open interest, 177 a day) |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 3/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $318M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 80% below fair value | |
| Premium | Strong | implied volatility 64% | |
| Moat | Good | moat 7.7/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Weak | Red Flags score 60/100 | |
| Option trading | Weak | 177 contracts a day, 578 open interest | |
| Stability | Fair | beta 1.38, $318M 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 NEWT in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to NewtekOne, Inc. by market cap within the Banks - Regional 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 |
|---|---|---|---|---|---|
| FCCO First Community Corporation | 33.67 | 34.27 | +2% | 20No options | $316M |
| ISBA Isabella Bank Corporation | 41.89 | 57.08 | +27% | 32No options | $321M |
| FRAF Franklin Financial Services Corporation | 71.39 | 113.02 | +37% | 33No options | $321M |
| LRBI Lake Ridge Bancorp Inc. | 164.50 | 199.60 | +18% | 28No options | $324M |
| CCFN Muncy Columbia Financial Corporation | 29.40 | 66.66 | +56% | 35No options | $312M |
| ATLO Ames National Corporation | 34.90 | 47.08 | +26% | 52Fair | $309M |
| NEWTI NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 | 25.22 | 110.95 | +77% | 26No options | $308M |
| MYFW First Western Financial, Inc. | 31.55 | 36.82 | +14% | 36Weak | $308M |
| NEWTH NewtekOne, Inc. | 24.79 | 109.43 | +77% | 34No options | $308M |
| NEWTG NewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 2029 | 25.00 | 95.88 | +74% | 23No options | $307M |
| NASB NASB Financial, Inc. | 46.50 | 62.87 | +26% | 33No options | $331M |
| FUNC First United Corporation | 47.30 | 61.15 | +23% | 34No options | $305M |
⚖ Compare NEWT with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about NEWT
Is NEWT undervalued right now?
By the GLS models, yes: at 11.01 the stock is 80% below the average fair value of 54.89 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NEWT and what does it mean?
NEWT scores 42 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 4, 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 NEWT?
54.89 per share as of 5 Nov 2026 - the simple average of the 7 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 NewtekOne, Inc. report earnings next?
No upcoming earnings date is recorded for NEWT in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does NEWT have listed options, and how liquid are they?
Yes. The nightly snapshot found 12 listed contracts with 578 open interest across all expiries and implied volatility of 64% 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.