Stock fact sheet · data as of
T. Rowe Price Retirement 2040 Fund (PARDX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · Speculative / Distressed
Is PARDX undervalued?
PARDX closed at 37.23 on 16 Oct 2026 against a GLS average fair value of 39.50 - 5.7% below fair value, which our screens read as "fairly priced". 1 of 2 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.
The average is built from just 2 models (DCF, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files PARDX under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for PARDX
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 | 0.1028 | -100% | Present value of the projected free cash flows, discounted at the cost of capital |
| 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 | - | - | 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 | 78.89 | +112% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.1363 | -100% | 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
T. Rowe Price Retirement 2040 Fund scores only 2 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.9/10 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 -8.9%, ROE -14.0%, ROA -7.2% - with debt at 0.58 times equity and negative free cash flow.
The dividend yield is 3.84% at a payout ratio of -19%; 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.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 2 / 9 | ROIC | -8.9% |
|---|---|---|---|
| GLS Moat | 1.9 / 10 | ROE | -14.0% |
| Debt / equity | 0.58 | ROA | -7.2% |
| Free-cash-flow yield | -0.1% | Payout ratio | -19% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 34: No options
No options are listed on T. Rowe Price Retirement 2040 Fund in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 34) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $25.9B, with a beta of 1.15; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 15 / 25 | 6% margin of safety | |
| Health | 4 / 20 | Piotroski 2/9 | |
| Moat | 3 / 15 | moat 1.9/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 12 / 20 | 0k shares/day, $25.9B cap, beta 1.15 |
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
No upcoming earnings date is recorded for PARDX 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 T. Rowe Price Retirement 2040 Fund 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.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| APHKX Artisan International Value Fund Institutional Class | 59.78 | 46.89 | -27% | 33No options | $24.6B |
| VIPSX Vanguard Inflation-Protected Securities Fund Investor Shares | 11.21 | 1.17 | -857% | 28No options | $27.3B |
| ARTKX Artisan International Fund | 59.58 | 44.41 | -34% | 34No options | $24.5B |
| APDKX Artisan International Value Fund Advisor Class | 59.43 | 44.81 | -33% | 34No options | $24.4B |
| SLV iShares Silver Trust | 50.22 | - | - | 45Weak | $27.5B |
| FFEGX Fidelity Freedom Index 2030 Fund | 24.04 | 180.21 | +87% | 39No options | $28.3B |
| AMUSX American Funds U.S. Government Securities Fund Class A | 11.44 | 3.53 | -225% | 33No options | $23.3B |
| PFG Principal Financial Group, Inc. | 107.26 | 158.46 | +32% | 78Good | $23.0B |
| JVMAX John Hancock Funds Disciplined Value Mid Cap Fund Class A | 29.35 | 4.94 | -494% | 31No options | $22.5B |
| JVMRX John Hancock Funds Disciplined Value Mid Cap Fund | 31.36 | 5.15 | -509% | 31No options | $22.5B |
| RJF Raymond James Financial, Inc. | 157.25 | 309.84 | +49% | 86Prime | $30.2B |
| NTRSO Northern Trust Corporation | 18.37 | 89.20 | +79% | 39No options | $30.3B |
⚖ Compare PARDX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about PARDX
Is PARDX undervalued right now?
Not meaningfully: at 37.23 the stock trades within a few percent of the GLS average fair value of 39.50 (5.7% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of PARDX and what does it mean?
PARDX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for PARDX?
39.50 per share as of 16 Oct 2026 - the simple average of the 2 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 T. Rowe Price Retirement 2040 Fund report earnings next?
No upcoming earnings date is recorded for PARDX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does PARDX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on PARDX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.