Stock fact sheet · data as of
Omada Health (OMDA): fair value, margin of safety and Wheel Score
Healthcare · Medical - Healthcare Information Services · United States · High Growth
Is OMDA undervalued?
OMDA closed at 18.67 on 16 Oct 2026, more than 30% above the GLS average fair value of 4.09. Only 0 of the 7 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the Sunday Scan drops names like this at the "below fair value" rule.
There is a wide gap between EPV (0.8014) and 10 Cap (7.72). 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 OMDA under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for OMDA
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 | 2.62 | -86% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 4.13 | -78% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1.80 | -90% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.42 | -76% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 7.72 | -59% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 7.14 | -62% | 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 | 0.8014 | -96% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 3.22 | -83% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 25.88 | +39% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Omada Health scores 7 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. On durability OMDA scores 5.0/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
Returns on capital are thin or negative - ROIC -5.6%, ROE -5.6%, ROA -4.2% - with debt at 0.00 times equity and a free-cash-flow yield of 2.0%.
Omada Health 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 Service 89%, Hardware 12% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 2/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 7 / 9 | ROIC | -5.6% |
|---|---|---|---|
| GLS Moat | 5.0 / 10 | ROE | -5.6% |
| Debt / equity | 0.00 | ROA | -4.2% |
| Free-cash-flow yield | 2.0% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 2 · 5 / 10 |
Wheel Score 52: Fair
A Wheel Score of 52 puts Omada Health in the Fair band - below the 70 the Sunday Scan requires. Value 0/25, Health 16/20, Moat 8/15, Premium 16/20 and Stability 13/20; the weakest part is Value (0/25).
Implied volatility is 74% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (16 of 20) because volatility this high usually comes with a reason. Chain open interest is 19,005 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.6M shares a day on a market cap of $1.1B, with a beta of 2.02 - 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 gives that 13 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 0 / 25 | -357% margin of safety | |
| Health | 16 / 20 | Piotroski 7/9 | |
| Moat | 8 / 15 | moat 5.0/10 | |
| Premium | 16 / 20 | implied volatility 74% | |
| Stability | 13 / 20 | 1.6M shares/day, $1.1B cap, beta 2.02 |
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 (after the close), 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 Medical - Healthcare Information Services
The 12 companies below are the closest to Omada Health by market cap within the Medical - Healthcare Information Services 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 |
|---|---|---|---|---|---|
| GDRX GoodRx Holdings, Inc. | 3.51 | 3.44 | -2% | 62Fair | $1.2B |
| TDOC Teladoc Health, Inc. | 5.81 | 21.97 | +74% | 45Weak | $1.1B |
| HSTM HealthStream, Inc. | 33.75 | 23.38 | -44% | 56Fair | $1.0B |
| CERT Certara, Inc. | 9.66 | 8.34 | -16% | 45Weak | $1.5B |
| MDRX Veradigm Inc. | 5.00 | - | - | 37No options | $851M |
| OMCL Omnicell, Inc. | 35.95 | 23.57 | -52% | 53Fair | $1.6B |
| PHR Phreesia, Inc. | 10.63 | 14.46 | +26% | 68Good | $657M |
| SOPH SOPHiA GENETICS S.A. | 7.06 | - | - | 45Weak | $601M |
| EVH Evolent Health, Inc. | 4.87 | 4.93 | +1% | 45Weak | $548M |
| PRVA Privia Health Group, Inc. | 21.67 | 42.94 | +50% | 45Weak | $2.8B |
| NRC NRC Health | 21.11 | 8.64 | -144% | 47Weak | $467M |
| CTEV Claritev Corporation | 23.86 | 120.21 | +80% | 45Weak | $404M |
Screen 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 same eight-rule screen, 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 OMDA
Is OMDA undervalued right now?
No: at 18.67 the stock trades 357% above the GLS average fair value of 4.09 (data as of 16 Oct 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of OMDA and what does it mean?
OMDA scores 52 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 OMDA?
4.09 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 Omada Health report earnings next?
The next earnings report is due on 5 Nov 2026 (after the close), 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does OMDA have listed options, and how liquid are they?
Yes. The nightly snapshot found 170 listed contracts with 19,005 open interest across all expiries and implied volatility of 74% 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.