Stock fact sheet · data as of
Adams Natural Resources Fund Inc (PEO): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is PEO undervalued?
At 29.54 (close of 16 Oct 2026), PEO trades 45% below the GLS average fair value of 53.69. That average comes from 7 models run on the latest filings, and 5 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 Adams Natural Resources Fund Inc the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 7 models disagree widely: GLS Growth gives 16.96 while Graham Growth gives 93.46. 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.
The nightly engine files PEO under High Yield Income: a dividend yield above 4%.
Nine valuation models for PEO
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 | 88.06 | +198% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 59.80 | +102% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 93.46 | +216% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 23.17 | -22% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 16.96 | -43% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 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 | 30.02 | +2% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 64.36 | +118% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.4119 | -101% | 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
Financial health is average - PEO passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 1.9 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 8.3%, ROE 8.3%, ROA 8.1% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is high at 6.91% (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.
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 8.3% |
|---|---|---|---|
| GLS Moat | 1.9 / 10 | ROE | 8.3% |
| Debt / equity | 0.00 | ROA | 8.1% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 63: Fair
PEO scores 63 out of 100 on the Wheel Score (Fair band, 50-64): a usable but unremarkable fit for the wheel strategy. The parts: Value 25/25, Health 11/20, Moat 3/15, Premium 16/20, Stability 8/20. Moat (3/15) is where the points are missing.
Implied volatility is 31% 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 (16 of 20 points). Chain open interest is thin - 261 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 43k shares a day on a market cap of $820M, with a beta of 0.43 - 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 | 45% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 3 / 15 | moat 1.9/10 | |
| Premium | 16 / 20 | implied volatility 31% | |
| Stability | 8 / 20 | 43k shares/day, $820M cap, beta 0.43 |
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 PEO 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 Adams Natural Resources Fund Inc 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 |
|---|---|---|---|---|---|
| OXLC Oxford Lane Capital Corp. | 8.36 | 69.99 | +88% | 39No options | $820M |
| OXLCI Oxford Lane Capital Corp. | 25.12 | 69.99 | +64% | 39No options | $820M |
| AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 23.76 | 134.02 | +82% | 39No options | $818M |
| EEMAX Columbia Emerging Markets Fund | 19.54 | 11.24 | -74% | 18No options | $826M |
| TISVX Transamerica International Sm Cp Val I | 18.97 | 49.95 | +62% | 39No options | $828M |
| VRTS Virtus Investment Partners, Inc. | 122.48 | 211.49 | +42% | 39No options | $811M |
| PML Pimco Municipal Income Fund II | 6.46 | 23.36 | +72% | 39No options | $811M |
| OXLCO Oxford Lane Capital Corp. | 23.40 | 69.99 | +67% | 39No options | $810M |
| MYN BlackRock MuniYield New York Quality Fund, Inc. | 8.86 | 11.98 | +26% | 39No options | $834M |
| KBDC Kayne Anderson BDC, Inc. | 12.63 | 27.63 | +54% | 39No options | $834M |
| PSEC Prospect Capital Corporation | 1.60 | 11.47 | +86% | 78Good | $802M |
| TOPW Roundhill Investments - Top WeeklyPay ETF | 33.79 | 239.92 | +86% | 42Weak | $842M |
⚖ Compare PEO with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about PEO
Is PEO undervalued right now?
By the GLS models, yes: at 29.54 the stock is 45% below the average fair value of 53.69 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of PEO and what does it mean?
PEO scores 63 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 PEO?
53.69 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 Adams Natural Resources Fund Inc report earnings next?
No upcoming earnings date is recorded for PEO in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does PEO have listed options, and how liquid are they?
Yes. The nightly snapshot found 80 listed contracts with 261 open interest across all expiries and implied volatility of 31% 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.