Stock fact sheet · data as of
PBF Energy Inc. (PBF): fair value, margin of safety and Wheel Score
Ticker symbol PBF · Energy · Oil & Gas Refining & Marketing · United States · Class A common stock · Value
PBF is PBF Energy Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is PBF undervalued?
At 72.62 (close of 5 Nov 2026), PBF trades 71% below the GLS average fair value of 247.83. That average comes from 9 models run on the latest filings, and 8 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns PBF Energy Inc. the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 9 models disagree widely: DDM gives 16.19 while 10 Cap gives 619.40. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, PBF is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 84, growth score 22, out of 100).
Nine valuation models for PBF
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 | 89.59 | +23% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 183.42 | +153% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 364.27 | +402% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 90.31 | +24% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 150.66 | +107% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 619.40 | +753% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 465.80 | +541% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 16.19 | -78% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 250.87 | +245% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -26.31 | -136% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 90.40 | +24% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health PBF scores 8/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 3.4 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC -1.9%, ROE -3.0%, ROA -1.2% - with debt at 0.55 times equity and a free-cash-flow yield of 29.7%.
The dividend yield is 1.51% at a payout ratio of 5%; 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 Prior to elimination 50%, Refining Group 50%, Logistics Group 0% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 2/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | -1.9% |
|---|---|---|---|
| GLS Moat | 3.4 / 10 | ROE | -3.0% |
| Debt / equity | 0.55 | ROA | -1.2% |
| Free-cash-flow yield | 29.7% | Payout ratio | 5% |
| Institutions | 10 / 10 | Insiders · Congress | 2 · 5 / 10 |
Wheel Score 53: Fair
PBF scores 53 out of 100 on the Wheel Score (Fair band, 50-69) because it fails filter 5, can repay its debt - debt with no positive cash flow to repay it. A stock must pass all 9 Wheel Trade Filters to reach 70. Otherwise the parts read: value strong, premium good, moat weak, health strong, red flags strong, option trading strong, stability good.
Implied volatility is 77% on the near-the-money contracts 20-60 days out - above the 60% top of the sweet spot. It still passes the 25-80% filter, but the Wheel Score rewards it less because volatility this high usually comes with a reason. The option chain is deep: 55,380 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 4.5M shares a day on a market cap of $8.6B, with a beta of 0.10 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 71% below fair value | |
| Premium | Good | implied volatility 77% | |
| Moat | Weak | moat 3.4/10 | |
| Health | Strong | Piotroski 8/9 | |
| Red Flags | Strong | Red Flags score 95/100 | |
| Option trading | Strong | 9,327 contracts a day, 55,380 open interest | |
| Stability | Good | beta 0.10, $8.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for PBF in the nightly calendar. The shares go ex-dividend on 12 Nov 2026 (0.3250 per share), so a covered call sold before then carries a small early-assignment risk around that date.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Refining & Marketing
The 12 companies below are the closest to PBF Energy Inc. by market cap within the Oil & Gas Refining & Marketing 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 |
|---|---|---|---|---|---|
| UGP Ultrapar Participações S.A. | 5.60 | 11.33 | +51% | 47Weak | $6.0B |
| CVI CVR Energy, Inc. | 43.01 | 52.40 | +18% | 45Weak | $4.3B |
| DINO HF Sinclair Corporation | 104.57 | 208.52 | +50% | 89Prime | $17.9B |
| DK Delek US Holdings, Inc. | 65.46 | 74.93 | +13% | 39Weak | $4.0B |
| IEP Icahn Enterprises L.P. | 5.34 | 13.36 | +60% | 43Weak | $3.8B |
| PARR Par Pacific Holdings, Inc. | 69.66 | 180.52 | +61% | 79Good | $3.5B |
| WKC World Kinect Corporation | 38.00 | 12.65 | -200% | 31Weak | $1.9B |
| CAPL CrossAmerica Partners LP | 20.27 | 27.61 | +27% | 46Weak | $773M |
| PSX Phillips 66 | 259.63 | 548.05 | +53% | 61Fair | $101.3B |
| VLO Valero Energy Corporation | 365.34 | 513.12 | +29% | 91Prime | $101.9B |
| MPC Marathon Petroleum Corporation | 392.68 | 654.26 | +40% | 60Fair | $110.3B |
| APC ARKO Petroleum Corp. Class A Common Stock | 13.74 | 7.11 | -93% | 19No options | $654M |
Scan 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 top 10 stocks that pass all 9 Wheel Trade Filters, 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 PBF
What kind of share is PBF?
PBF is PBF Energy Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is PBF undervalued right now?
By the GLS models, yes: at 72.62 the stock is 71% below the average fair value of 247.83 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of PBF and what does it mean?
PBF scores 53 out of 100 (Fair) - it fails Wheel Trade Filter 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for PBF?
247.83 per share as of 5 Nov 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 PBF Energy Inc. report earnings next?
No upcoming earnings date is recorded for PBF in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does PBF have listed options, and how liquid are they?
Yes. The nightly snapshot found 138 listed contracts with 55,380 open interest across all expiries and implied volatility of 77% 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.