Stock fact sheet · data as of
Orrstown Financial Services, Inc. (ORRF): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · High Growth
Is ORRF undervalued?
ORRF has a margin of safety of 49%: the stock closed at 41.49 on 16 Oct 2026 against a GLS average fair value of 81.71. 7 of the 9 valuation models that produced a number sit above the price. Our screens treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between Lynch (13.48) and GLS Growth (176.99). 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 ORRF under High Growth: revenue and earnings growing fast enough that the growth-based models carry the valuation.
Nine valuation models for ORRF
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 | 94.09 | +127% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 56.90 | +37% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 63.51 | +53% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 13.48 | -68% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 176.99 | +327% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 111.15 | +168% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 152.42 | +267% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 17.22 | -59% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 49.66 | +20% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -200.03 | -582% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 41.00 | -1% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Orrstown Financial Services, 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. On durability ORRF scores 6.6/10 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 moderate - ROIC 8.7%, ROE 13.7%, ROA 1.5% - with debt at 0.57 times equity and a free-cash-flow yield of 10.5%.
The dividend yield is 2.82% at a payout ratio of 26%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Products And Services, Trust And Invest… 40%, Products And Services, Service Charges… 23%, Products And Services, Merchant And Ban… 19% (fiscal year FY2025).
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 8.7% |
|---|---|---|---|
| GLS Moat | 6.6 / 10 | ROE | 13.7% |
| Debt / equity | 0.57 | ROA | 1.5% |
| Free-cash-flow yield | 10.5% | Payout ratio | 26% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 73: Good
With a Wheel Score of 73 - the Good band - Orrstown Financial Services, Inc. clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 10/15, Premium 17/20, Stability 8/20; Stability (8/20) scores lowest.
Implied volatility is 32% 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 (17 of 20 points). Chain open interest is thin - 1,100 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 93k shares a day on a market cap of $816M, with a beta of 0.68 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 49% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.6/10 | |
| Premium | 17 / 20 | implied volatility 32% | |
| Stability | 8 / 20 | 93k shares/day, $816M cap, beta 0.68 |
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
Orrstown Financial Services, Inc. reports earnings on 20 Oct 2026 (after the close) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Orrstown Financial Services, Inc. by market cap within the Banks - Regional 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 |
|---|---|---|---|---|---|
| HBIA Hills Bancorporation | 47.00 | 20.26 | -132% | 37No options | $820M |
| SPFI South Plains Financial, Inc. | 42.54 | 48.31 | +12% | 72Good | $801M |
| CCBG Capital City Bank Group, Inc. | 48.88 | 51.25 | +5% | 70Good | $836M |
| GSBC Great Southern Bancorp, Inc. | 77.63 | 61.31 | -27% | 51Fair | $846M |
| SMBK SmartFinancial, Inc. | 49.76 | 53.46 | +7% | 65Good | $851M |
| EGBN Eagle Bancorp, Inc. | 28.02 | 19.06 | -47% | 41Weak | $854M |
| RCBC River City Bank | 53.59 | 99.75 | +46% | 39No options | $777M |
| HTB HomeTrust Bancshares, Inc. | 46.49 | 95.43 | +51% | 81Prime | $776M |
| FISI Financial Institutions, Inc. | 39.27 | 41.19 | +5% | 61Fair | $774M |
| THFF First Financial Corporation | 73.01 | 103.28 | +29% | 75Good | $868M |
| ALRS Alerus Financial Corporation | 30.71 | 23.47 | -31% | 46Weak | $766M |
| PGC Peapack-Gladstone Financial Corporation | 42.84 | 67.00 | +36% | 81Prime | $759M |
⚖ Compare ORRF with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about ORRF
Is ORRF undervalued right now?
By the GLS models, yes: at 41.49 the stock is 49% below the average fair value of 81.71 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of ORRF and what does it mean?
ORRF scores 73 out of 100 (Good). 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 ORRF?
81.71 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 Orrstown Financial Services, Inc. report earnings next?
The next earnings report is due on 20 Oct 2026 (after the close), 4 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ORRF have listed options, and how liquid are they?
Yes. The nightly snapshot found 88 listed contracts with 1,100 open interest across all expiries and implied volatility of 32% 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.