Stock fact sheet · data as of
One Liberty Properties, Inc. (OLP): fair value, margin of safety and Wheel Score
Real Estate · REIT - Diversified · United States · High Yield Income
Is OLP undervalued?
One Liberty Properties, Inc. (OLP) closed at 22.13 on 16 Oct 2026, close to the GLS average fair value of 22.47 (1.5% below fair value). 3 of the 7 models that produced a number sit above the price, 4 below - the market and our models roughly agree. With little margin of safety either way, the case for or against the stock rests on the quality numbers and the option premium rather than on price.
There is a wide gap between GLS Growth (4.40) and DCF (57.33). 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 OLP under High Yield Income: a dividend yield above 4%.
Nine valuation models for OLP
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 | 57.33 | +159% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 22.10 | -0% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 24.24 | +10% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.01 | -73% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.40 | -80% | 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 | 26.49 | +20% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 16.70 | -25% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -24.10 | -209% | 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
One Liberty Properties, Inc. scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. 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. A GLS Moat score of 2.5/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 3.0%, ROE 8.5%, ROA 3.0% - with debt at 1.82 times equity and negative free cash flow.
The dividend yield is high at 8.13% (payout ratio 93%). 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 Rental income, net 100%, Lease termination fees 0% (quarter Q1 FY2022).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 3.0% |
|---|---|---|---|
| GLS Moat | 2.5 / 10 | ROE | 8.5% |
| Debt / equity | 1.82 | ROA | 3.0% |
| Free-cash-flow yield | -4.0% | Payout ratio | 93% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 56: Fair
A Wheel Score of 56 puts One Liberty Properties, Inc. in the Fair band - below the 70 the Sunday Scan requires. Value 13/25, Health 13/20, Moat 4/15, Premium 18/20 and Stability 8/20; the weakest part is Moat (4/15).
Implied volatility is 33% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (18 of 20 points). Chain open interest is thin - 308 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 152k shares a day on a market cap of $483M, with a beta of 0.91; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 13 / 25 | 1% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 4 / 15 | moat 2.5/10 | |
| Premium | 18 / 20 | implied volatility 33% | |
| Stability | 8 / 20 | 152k shares/day, $483M cap, beta 0.91 |
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 5 Nov 2026, 20 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 REIT - Diversified
The 12 companies below are the closest to One Liberty Properties, Inc. by market cap within the REIT - Diversified 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 |
|---|---|---|---|---|---|
| GOODO Gladstone Commercial Corporation | 17.91 | 19.13 | +6% | 39No options | $552M |
| FVR FrontView REIT, Inc. | 17.10 | 10.38 | -65% | 27No options | $418M |
| AHRT AH Realty Trust, Inc. | 5.97 | 20.83 | +71% | 45Weak | $573M |
| GOOD Gladstone Commercial Corporation | 12.64 | 17.57 | +28% | 67Good | $612M |
| INRE Inland Real Estate Income Trust, Inc. | 10.50 | 7.98 | -32% | 11No options | $379M |
| GOODN Gladstone Commercial Corp Pref | 20.04 | 19.49 | -3% | 39No options | $625M |
| JBGS JBG SMITH Properties | 11.08 | 8.93 | -24% | 45Weak | $649M |
| CTO CTO Realty Growth, Inc. | 20.60 | 23.29 | +12% | 61Fair | $772M |
| CMRF CIM Real Estate Finance Trust, Inc. | 1.83 | 3.56 | +49% | 39No options | $796M |
| ESRT Empire State Realty Trust, Inc. | 4.73 | 5.15 | +8% | 69Good | $814M |
| SAFE Safehold Inc. | 11.55 | 16.42 | +30% | 73Good | $818M |
| NXDT NexPoint Diversified Real Estate Trust | 4.98 | 5.60 | +11% | 45Weak | $264M |
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Start free See the Sunday ScanQuestions about OLP
Is OLP undervalued right now?
Not meaningfully: at 22.13 the stock trades within a few percent of the GLS average fair value of 22.47 (1.5% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of OLP and what does it mean?
OLP scores 56 out of 100 (Fair). 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 OLP?
22.47 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 One Liberty Properties, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026, 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does OLP have listed options, and how liquid are they?
Yes. The nightly snapshot found 76 listed contracts with 308 open interest across all expiries and implied volatility of 33% 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.