Stock fact sheet · data as of
New Fortress Energy Inc. (NFE): fair value, margin of safety and Wheel Score
Ticker symbol NFE · Energy · Oil & Gas Midstream · United States · Class A common stock · Speculative Income
NFE is New Fortress Energy Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is NFE undervalued?
At 4.08 (close of 5 Nov 2026), NFE trades 54% below the GLS average fair value of 8.94. That average comes from 1 models run on the latest filings, and 1 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 New Fortress Energy Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The average is built from just 1 models (DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files NFE 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 NFE
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 | 8.94 | +119% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -1,564.55 | -38447% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 15.25 | +274% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
New Fortress Energy Inc. scores only 3 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. 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 1.1/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -21.1%, ROE -1009.4%, ROA -17.5% - with debt at 46.92 times equity and negative free cash flow. Debt of 46.92 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 14.90% (payout ratio -0%). 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 Interest Income and Other Revenue 100% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 30 Sep 2026.
| Piotroski F-score | 3 / 9 | ROIC | -21.1% |
|---|---|---|---|
| GLS Moat | 1.1 / 10 | ROE | -1009.4% |
| Debt / equity | 46.92 | ROA | -17.5% |
| Free-cash-flow yield | -2399.7% | Payout ratio | -0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 23: Weak
With a Wheel Score of 23 New Fortress Energy Inc. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (12,531 open interest, 75 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 5, can repay its debt - debt with no positive cash flow to repay it; and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 7, a premium worth selling - no implied volatility; and filter 8, big enough - market cap $23M (under $1.0B); and filter 9, not a penny stock - price 4.08 (under $5); Premium (weak) is its weakest part.
No implied volatility is recorded for NFE - the nightly snapshot found no near-the-money contracts 20-60 days out - so it fails the Wheel Trade Filter on premium. Chain open interest is 12,531 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 390k shares a day on a market cap of $23M, with a beta of 1.41 - 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 (12,531 open interest, 75 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 | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $23M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 4.08 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 54% below fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 1.1/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 75 contracts a day, 12,531 open interest | |
| Stability | Fair | beta 1.41, $23M 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
New Fortress Energy Inc. reports earnings on 5 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Midstream
The 12 companies below are the closest to New Fortress Energy Inc. by market cap within the Oil & Gas Midstream 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 |
|---|---|---|---|---|---|
| TMDE TMD Energy Limited | 0.5010 | 0.0625 | -702% | 15No options | $12M |
| MARPS Marine Petroleum Trust | 4.44 | 3.36 | -32% | 18No options | $9M |
| MMLP Martin Midstream Partners L.P. | 1.97 | 4.82 | +59% | 29Weak | $77M |
| BANL CBL International Limited | 2.91 | 10.30 | +72% | 32No options | $6M |
| IMPP Imperial Petroleum Inc. | 4.62 | 25.75 | +82% | 54Fair | $174M |
| IMPPP Imperial Petroleum Inc. | 25.96 | 64.34 | +60% | 34No options | $184M |
| SMC Summit Midstream Corp. | 28.92 | 149.89 | +81% | 45Weak | $399M |
| NFEGP New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock | 227.87 | 20.81 | -995% | 12No options | $559M |
| WHK WhiteHawk Minerals Corp | 24.37 | 2.92 | -735% | 15No options | $560M |
| SBR Sabine Royalty Trust | 67.62 | 45.19 | -50% | 21No options | $986M |
| TK Teekay Corporation | 13.44 | 67.03 | +80% | 85Prime | $1.2B |
| PBT Permian Basin Royalty Trust | 28.49 | 8.25 | -246% | 35Weak | $1.3B |
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Start free See the Sunday ScanQuestions about NFE
What kind of share is NFE?
NFE is New Fortress Energy Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is NFE undervalued right now?
By the GLS models, yes: at 4.08 the stock is 54% below the average fair value of 8.94 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NFE and what does it mean?
NFE scores 23 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 4, 5, 6, 7, 8, 9. 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 NFE?
8.94 per share as of 5 Nov 2026 - the simple average of the 1 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 New Fortress Energy Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 0 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does NFE have listed options, and how liquid are they?
Yes. The nightly snapshot found 10 listed contracts with 12,531 open interest across all expiries. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.