Stock fact sheet · data as of
Adams Natural Resources Fund Inc (PEO): fair value, margin of safety and Wheel Score
Ticker symbol PEO · Financial Services · Asset Management · United States · Fund / Note
Is PEO undervalued?
At 27.99 (close of 5 Nov 2026), PEO trades 49% below the GLS average fair value of 55.18. 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 DCF gives 98.50. 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.
PEO 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 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 | 98.50 | +252% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 59.80 | +114% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 93.46 | +234% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 23.17 | -17% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 16.96 | -39% | 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 | +7% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 64.36 | +130% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -0.4079 | -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 weak: PEO passes 4 of the nine Piotroski tests. Our scans drop the stock at the health filter; a low score is often the reason a stock looks cheap on the valuation models. There is no GLS Moat score for PEO: 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 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 7.29% (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 10/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 28 Oct 2026.
| Piotroski F-score | 4 / 9 | ROIC | 8.3% |
|---|---|---|---|
| GLS Moat | - / 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 | 10 · 5 / 10 |
Wheel Score 40: Weak
PEO scores 40 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 1, options that actually trade - options too quiet (170 open interest, 34 a day); and filter 2, a real business, not a gamble - a fund or note, not a company; and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 8, big enough - market cap $785M (under $1.0B), and the parts are thin too - value strong, premium good, moat weak, health fair, red flags strong, option trading weak, stability fair. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 32% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 170 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 159k shares a day on a market cap of $785M, with a beta of 0.39 - 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 | options too quiet (170 open interest, 34 a day) |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 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 | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Fails | market cap $785M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 49% below fair value | |
| Premium | Good | implied volatility 32% | |
| Moat | Weak | no moat score | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Weak | 34 contracts a day, 170 open interest | |
| Stability | Fair | beta 0.39, $785M 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 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.
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| AMJB Alerian MLP Index ETN | 33.78 | 13,562.93 | +100% | 26No options | $788M |
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| SLVR Sprott Silver Miners & Physical Silver ETF | 47.96 | 93.54 | +49% | 42Weak | $777M |
| TOPW Roundhill Investments - Top WeeklyPay ETF | 31.93 | 220.13 | +85% | 37Weak | $795M |
| GCMG GCM Grosvenor Inc. | 13.03 | 24.52 | +47% | 49Weak | $796M |
| PSEC Prospect Capital Corporation | 1.44 | 7.94 | +82% | 43Weak | $769M |
| ARYVX American Century Global Real Estate Fd Inv Cl | 14.65 | 1,128.66 | +99% | 25No options | $765M |
| RPC Ridgepost Capital, Inc. | 9.68 | 6.72 | -44% | 32Weak | $765M |
| AIO Virtus Artificial Intelligence & Technology Opportunities Fund | 23.50 | 134.03 | +82% | 27No options | $809M |
| FKIFX Fidelity Freedom Index 2010 Fund - Investor Class | 14.04 | 3.89 | -261% | 11No options | $760M |
| CGBD Carlyle Secured Lending, Inc. | 11.04 | 20.16 | +45% | 47Weak | $760M |
| BTO John Hancock Financial Opportunities Fund | 38.22 | 118.17 | +68% | 24No options | $757M |
⚖ 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 27.99 the stock is 49% below the average fair value of 55.18 (data as of 5 Nov 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 40 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 4, 8. 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 PEO?
55.18 per share as of 5 Nov 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 5 Nov 2026; the Calendars page is refreshed every morning.
Does PEO have listed options, and how liquid are they?
Yes. The nightly snapshot found 24 listed contracts with 170 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.