Stock fact sheet · data as of
NICE Ltd. (NICE): fair value, margin of safety and Wheel Score
Ticker symbol NICE · Technology · Software - Application · Israel · ADR · Blend
NICE is an American depositary share (ADR): the US listing of NICE Ltd., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.
Is NICE undervalued?
At 99.59 (close of 5 Nov 2026), NICE trades 64% below the GLS average fair value of 273.38. That average comes from 8 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 NICE Ltd. 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 EPV (78.21) and DCF (467.84). 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.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for NICE, so the nightly engine files it under Blend (value score 63, growth score 59, out of 100).
Nine valuation models for NICE
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 | 467.84 | +370% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 102.23 | +3% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 366.70 | +268% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 157.60 | +58% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 342.60 | +244% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 281.54 | +183% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 390.31 | +292% | 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 | 78.21 | -21% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 2.53 | -97% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 124.20 | +25% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
NICE Ltd. scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. On durability NICE scores 7.3/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are high - ROIC 15.1%, ROE 15.8%, ROA 12.0% - with debt at 0.04 times equity and a free-cash-flow yield of 10.5%.
NICE Ltd. 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 Cloud 76%, Service 19%, Product 5% (fiscal year FY2025).
Institutional ownership scores 7/10, insider activity 1/10 and Congressional trading 10/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 15.1% |
|---|---|---|---|
| GLS Moat | 7.3 / 10 | ROE | 15.8% |
| Debt / equity | 0.04 | ROA | 12.0% |
| Free-cash-flow yield | 10.5% | Payout ratio | 0% |
| Institutions | 7 / 10 | Insiders · Congress | 1 · 10 / 10 |
Wheel Score 87: Prime
With a Wheel Score of 87, NICE Ltd. sits in the Prime band. It passes every Wheel Trade Filter - busy options, a real business, below fair value, healthy accounts, debt it can repay, no serious red flags, a premium worth selling, enough size and price - and ranks near the top on the parts: value strong, premium strong, moat good, health good, red flags good, option trading strong, stability good. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 52% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 50,190 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 1.8M shares a day on a market cap of $5.9B, with a beta of 0.04 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 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 | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 64% below fair value | |
| Premium | Strong | implied volatility 52% | |
| Moat | Good | moat 7.3/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Good | Red Flags score 85/100 | |
| Option trading | Strong | 11,251 contracts a day, 50,190 open interest | |
| Stability | Good | beta 0.04, $5.9B 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 NICE in the nightly calendar.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to NICE Ltd. by market cap within the Software - Application 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 |
|---|---|---|---|---|---|
| RNG RingCentral, Inc. | 77.96 | 162.34 | +52% | 85Prime | $5.8B |
| NIQ NIQ Global Intelligence Plc | 20.27 | 55.44 | +63% | 45Weak | $6.0B |
| OCTV Octave Intelligence plc | 21.56 | 131.67 | +84% | 49Weak | $5.8B |
| YOU Clear Secure, Inc. | 59.08 | 67.15 | +12% | 78Good | $6.1B |
| DLB Dolby Laboratories, Inc. | 65.02 | 53.09 | -22% | 37Weak | $6.1B |
| PEGA Pegasystems Inc. | 34.36 | 46.46 | +26% | 75Good | $5.6B |
| KVYO Klaviyo, Inc. | 21.36 | 6.78 | -215% | 30Weak | $6.4B |
| OTEX Open Text Corporation | 26.59 | 120.87 | +78% | 57Fair | $6.5B |
| DUOL Duolingo, Inc. | 161.27 | 187.31 | +14% | 44Weak | $6.5B |
| BRZE Braze, Inc. | 46.10 | 15.98 | -189% | 23Weak | $5.2B |
| NAVN Navan, Inc. | 27.06 | 3.13 | -764% | 28Weak | $6.6B |
| CVLT Commvault Systems, Inc. | 162.44 | 51.84 | -213% | 41Weak | $6.6B |
Scan 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 top 10 stocks that pass all 9 Wheel Trade Filters, 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 NICE
Is NICE undervalued right now?
By the GLS models, yes: at 99.59 the stock is 64% below the average fair value of 273.38 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NICE and what does it mean?
NICE scores 87 out of 100 (Prime). 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 NICE?
273.38 per share as of 5 Nov 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 NICE Ltd. report earnings next?
No upcoming earnings date is recorded for NICE in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does NICE have listed options, and how liquid are they?
Yes. The nightly snapshot found 102 listed contracts with 50,190 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.
Is NICE an ADR?
Yes. NICE is an American depositary share (ADR): the US listing of NICE Ltd., whose own shares trade on its home exchange. It trades in dollars during US hours; currency moves and the home country's rules also affect it, and the depositary bank charges a small yearly fee.