Stock fact sheet · data as of
NewtekOne, Inc. (NEWT): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · High Yield Income
Is NEWT undervalued?
At 10.94 (close of 16 Oct 2026), NEWT trades 82% below the GLS average fair value of 59.49. 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 GLS Growth gives 131.64. 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 High Yield Income: a dividend yield above 4%.
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 | 123.09 | +1025% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 25.63 | +134% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 72.85 | +566% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 28.12 | +157% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 131.64 | +1103% | 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 | 23.89 | +118% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -69.18 | -732% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 14.00 | +28% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: NEWT passes 4 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 4.4 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 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 6.95% (payout ratio 47%). 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 | 4 / 9 | ROIC | 5.0% |
|---|---|---|---|
| GLS Moat | 4.4 / 10 | ROE | 15.2% |
| Debt / equity | 2.07 | ROA | 2.2% |
| Free-cash-flow yield | -178.7% | Payout ratio | 47% |
| Institutions | 6 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 68: Good
NEWT scores 68 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 25/25), Piotroski health (9/20), the GLS moat (7/15), the option premium on offer (20/20) and how easily the stock trades (8/20). Stability (8/20) is the part holding the score back.
Implied volatility is 52% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 1,783 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 225k shares a day on a market cap of $316M, 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 gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 82% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 7 / 15 | moat 4.4/10 | |
| Premium | 20 / 20 | implied volatility 52% | |
| Stability | 8 / 20 | 225k shares/day, $316M cap, beta 1.38 |
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 4 Nov 2026 (after the close), 19 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 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 |
|---|---|---|---|---|---|
| NEWTP NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B | 24.22 | 103.97 | +77% | 39No options | $316M |
| NEWTG NewtekOne, Inc. 8.50% Fixed Rate Senior Notes due 2029 | 24.74 | 105.71 | +77% | 39No options | $316M |
| NEWTI NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 | 24.93 | 124.94 | +80% | 39No options | $316M |
| FVCB FVCBankcorp, Inc. | 17.53 | 19.45 | +10% | 66Good | $316M |
| NEWTH NewtekOne, Inc. | 24.75 | 124.20 | +80% | 39No options | $316M |
| COSO CoastalSouth Bancshares, Inc. | 26.74 | 46.91 | +43% | 39No options | $320M |
| JMSB John Marshall Bancorp, Inc. | 22.79 | 32.31 | +29% | 77Good | $322M |
| CCFN Muncy Columbia Financial Corporation | 30.48 | 71.38 | +57% | 39No options | $324M |
| CBNA Chain Bridge Bancorp, Inc. | 49.47 | 130.44 | +62% | 39No options | $325M |
| NASB NASB Financial, Inc. | 45.60 | 62.67 | +27% | 39No options | $325M |
| LRBI Lake Ridge Bancorp Inc. | 155.00 | 198.45 | +22% | 39No options | $305M |
| FCCO First Community Corporation | 32.39 | 30.62 | -6% | 38No options | $304M |
⚖ 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 10.94 the stock is 82% below the average fair value of 59.49 (data as of 16 Oct 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 68 out of 100 (Good). 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 NEWT?
59.49 per share as of 16 Oct 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?
The next earnings report is due on 4 Nov 2026 (after the close), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does NEWT have listed options, and how liquid are they?
Yes. The nightly snapshot found 94 listed contracts with 1,783 open interest across all expiries and implied volatility of 52% 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.