Stock fact sheet · data as of
PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF (PCL): fair value, margin of safety and Wheel Score
Ticker symbol PCL · Financial Services · Asset Management · United States · Fund / Note
Is PCL undervalued?
PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF (PCL) closed at 46.56 on 5 Nov 2026, 101% above the GLS average fair value of 23.11. 7 of the 9 models that produced a number value the shares below the current price. A gap this wide usually means the market is paying for growth or a story the trailing numbers do not show yet; the models work from filed results, not forecasts, so they are conservative by design.
There is a wide gap between GLS Growth (2.43) and DCF (50.43). 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.
PCL looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for PCL
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 | 50.43 | +8% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 14.63 | -69% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 18.17 | -61% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.51 | -90% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2.43 | -95% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 14.23 | -69% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 48.91 | +5% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 42.14 | -9% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 12.52 | -73% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -2,117.63 | -4648% | 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
PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF scores 6 of 9 on the Piotroski F-score: a middling result that passes the "Piotroski 6 or more" Wheel Trade Filter. 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. There is no GLS Moat score for PCL: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are moderate - ROIC 5.7%, ROE 13.3%, ROA 3.9% - with debt at 1.34 times equity and a free-cash-flow yield of 641.7%.
The dividend yield is high at 6.15% (payout ratio 0%). 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 Operating Segments 54%, Southern Resources 21%, Manufacturing 13% (quarter Q4 FY2015).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 5.7% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 13.3% |
| Debt / equity | 1.34 | ROA | 3.9% |
| Free-cash-flow yield | 641.7% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 14: No options
No options are listed on PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 14, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 0k shares a day on a market cap of $72M, with a beta of 0.22 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Fails | trades 101% above our fair value |
| 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 | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on 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 | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $72M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 101% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.22, $72M 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 PCL 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 PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF 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 |
|---|---|---|---|---|---|
| GLV Clough Global Dividend and Income Fund | 5.80 | 45.39 | +87% | 24No options | $72M |
| EEA The European Equity Fund, Inc. | 10.51 | 50.37 | +79% | 24No options | $72M |
| AFCG Advanced Flower Capital Inc. | 3.19 | 4.70 | +32% | 33Weak | $72M |
| FCIVX Frontier MFG Core Infrastructure Fund Service Class | 13.81 | 29.24 | +53% | 26No options | $72M |
| FHLKX Fidelity Health Savings Fund Class K | 11.47 | 1,192.16 | +99% | 30No options | $73M |
| BSVSX Baird Equity Opportunity Fund - Investor Class | 15.78 | 838.35 | +98% | 26No options | $71M |
| GECC Great Elm Capital Corp. | 5.11 | 57.86 | +91% | 27No options | $70M |
| GECCH Great Elm Capital Corp. - 8.125 | 24.82 | 57.51 | +57% | 29No options | $70M |
| BCIC BCP Investment Corporation | 6.03 | 38.60 | +84% | 38Weak | $75M |
| SWZ Total Return Securities Fund | 5.89 | 10.38 | +43% | 25No options | $76M |
| GEG Great Elm Group, Inc. | 2.20 | 7.79 | +72% | 28No options | $68M |
| BUFOX Buffalo Early Stage Growth Fund | 17.70 | 49.79 | +64% | 25No options | $68M |
⚖ Compare PCL with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about PCL
Is PCL undervalued right now?
No: at 46.56 the stock trades 101% above the GLS average fair value of 23.11 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of PCL and what does it mean?
PCL has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for PCL?
23.11 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 PGIM ETF Trust - PGIM Corporate Bond 10+ Year ETF report earnings next?
No upcoming earnings date is recorded for PCL in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does PCL have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on PCL, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.