Stock fact sheet · data as of
The New York Times Company (NYT): fair value, margin of safety and Wheel Score
Communication Services · Publishing · United States · High Growth
Is NYT undervalued?
NYT closed at 68.94 on 16 Oct 2026 against a GLS average fair value of 66.66 - 3.4% above fair value, which our screens read as "fairly priced". 3 of 9 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
There is a wide gap between DDM (12.80) and Payback Time (152.25). 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.
The nightly engine files NYT under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for NYT
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 | 61.35 | -11% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 26.25 | -62% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 60.14 | -13% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 20.45 | -70% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 148.41 | +115% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 91.33 | +32% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 152.25 | +121% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 12.80 | -81% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 26.94 | -61% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.4485 | -99% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 81.50 | +18% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
The New York Times Company scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 9.1/10 puts NYT among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.
Returns on capital are high - ROIC 16.5%, ROE 16.9%, ROA 11.5% - with debt at 0.02 times equity and a free-cash-flow yield of 5.6%.
The dividend yield is 1.26% with a payout ratio of 32% - a small yield that leaves most of the earnings in the business. Revenue comes mainly from Subscription 78%, Advertising 22%, Building Real Estate 1% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 16.5% |
|---|---|---|---|
| GLS Moat | 9.1 / 10 | ROE | 16.9% |
| Debt / equity | 0.02 | ROA | 11.5% |
| Free-cash-flow yield | 5.6% | Payout ratio | 32% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 82: Prime
With a Wheel Score of 82, The New York Times Company sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 11/25, Health 18/20, Moat 14/15, Premium 20/20, Stability 20/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.
Implied volatility is 45% 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. The option chain is deep: 54,793 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 2.0M shares a day on a market cap of $11.1B, with a beta of 0.92; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 11 / 25 | -3% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 14 / 15 | moat 9.1/10 | |
| Premium | 20 / 20 | implied volatility 45% | |
| Stability | 20 / 20 | 2.0M shares/day, $11.1B cap, beta 0.92 |
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 (before the open), 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 Publishing
The 12 companies below are the closest to The New York Times Company by market cap within the Publishing 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 |
|---|---|---|---|---|---|
| PSO Pearson plc | 17.31 | 20.66 | +16% | 79Good | $10.4B |
| NWSA News Corporation | 30.22 | 31.98 | +5% | 76Good | $16.9B |
| NWS News Corporation | 33.06 | 32.39 | -2% | 74Good | $17.8B |
| WLYB John Wiley & Sons, Inc. | 51.23 | 94.15 | +46% | 39No options | $2.7B |
| WLY John Wiley & Sons, Inc. | 51.49 | 100.65 | +49% | 81Prime | $2.6B |
| TDAY USA TODAY Co. Inc. | 7.15 | 23.62 | +70% | 45Weak | $1.0B |
| SCHL Scholastic Corporation | 38.94 | 61.77 | +37% | 78Good | $735M |
| GWOX The Goodheart-Willcox Company, Inc. | 360.00 | 346.52 | -4% | 34No options | $168M |
| LEE Lee Enterprises, Incorporated | 6.73 | 190.02 | +96% | 39No options | $150M |
| CMTX COMTEX News Network, Inc. | 5.25 | 131.86 | +96% | 37No options | $83M |
| DTRL The Detroit Legal News Company | 312.00 | 1,251.41 | +75% | 39No options | $12M |
| IDWM IDW Media Holdings, Inc. | 39.05 | 51.03 | +23% | 39No options | $11M |
⚖ Compare NYT with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about NYT
Is NYT undervalued right now?
Not meaningfully: at 68.94 the stock trades within a few percent of the GLS average fair value of 66.66 (3.4% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of NYT and what does it mean?
NYT scores 82 out of 100 (Prime). 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 NYT?
66.66 per share as of 16 Oct 2026 - the simple average of the 9 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 The New York Times Company report earnings next?
The next earnings report is due on 4 Nov 2026 (before the open), 19 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does NYT have listed options, and how liquid are they?
Yes. The nightly snapshot found 304 listed contracts with 54,793 open interest across all expiries and implied volatility of 45% 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.