Stock fact sheet · data as of
Corgi NYC Based ETF (NYNY): fair value, margin of safety and Wheel Score
Ticker symbol NYNY · Financial Services · Asset Management · United States · Fund / Note
Is NYNY undervalued?
Corgi NYC Based ETF (NYNY) closed at 27.65 on 5 Nov 2026. The GLS average fair value - the simple average of the 1 valuation models that produced a positive number - is 31.67, so the price sits 13% below it. 1 of the 1 models value the shares above the current price. A margin of safety between 10% and 30% is where most of the Sunday Scan candidates come from.
Only 1 of the nine models produced a value (10 Cap); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
NYNY looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for NYNY
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 | 31.67 | +15% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -19,697.64 | -71339% | 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
Financial health is average - NYNY passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. There is no GLS Moat score for NYNY: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are thin or negative - ROIC -18.4%, ROE -65.5%, ROA -16.4% - with debt at 2.57 times equity and negative free cash flow. Debt of 2.57 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.
Corgi NYC Based ETF 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 Gaming 76%, Food and Beverage 13%, Room 5% (quarter Q2 FY2019).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -18.4% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | -65.5% |
| Debt / equity | 2.57 | ROA | -16.4% |
| Free-cash-flow yield | -8162.5% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 23: Weak
NYNY scores 23 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (0 open interest, 0 a day); and filter 2, a real business, not a gamble - a fund or note, not a company; and filter 4, financially healthy - Piotroski 5/9 (under 6); and filter 8, big enough - market cap $1M (under $1.0B), and the parts are thin too - value fair, premium fair, moat weak, health fair, red flags fair, 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 25% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 0 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 1k shares a day on a market cap of $830K, with a beta of 0.31 - a low beta, so day-to-day moves are smaller than the market's; 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 (0 open interest, 0 a day) |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (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 $1M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Fair | 13% below fair value | |
| Premium | Fair | implied volatility 25% | |
| Moat | Weak | no moat score | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | Red Flags score 75/100 | |
| Option trading | Weak | 0 contracts a day, 0 open interest | |
| Stability | Fair | beta 0.31, $1M 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 NYNY 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 Corgi NYC Based ETF 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.
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| ISRL Defiance KSM Israel 120 ETF | 22.31 | 2.69 | -729% | 9No options | $1M |
| GLBL Pacer MSCI World Industry Advan | 28.03 | 82.10 | +66% | 28No options | $1M |
| LAZR Tema Photonics & Optical ETF | 30.44 | - | - | 24Weak | $609K |
| AT Defiance Robotics Actuators ETF | 18.55 | 15.01 | -24% | 15No options | $557K |
| ZINC Zacks Income ETF | 26.46 | 155.37 | +83% | 24No options | $529K |
| ARCX Tradr 2X Long ACHR Daily ETF | 6.40 | 19.23 | +67% | 24Weak | $1M |
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⚖ Compare NYNY with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about NYNY
Is NYNY undervalued right now?
By the GLS models, moderately: at 27.65 the stock trades 13% below the average fair value of 31.67 (data as of 5 Nov 2026).
What is the Wheel Score of NYNY and what does it mean?
NYNY scores 23 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 NYNY?
31.67 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 Corgi NYC Based ETF report earnings next?
No upcoming earnings date is recorded for NYNY in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does NYNY have listed options, and how liquid are they?
Yes. The nightly snapshot found 66 listed contracts with 0 open interest across all expiries and implied volatility of 25% 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.