Stock fact sheet · data as of
PGIM Securitized Income ETF (PINC): fair value, margin of safety and Wheel Score
Ticker symbol PINC · Financial Services · Asset Management · United States · Fund / Note
Is PINC undervalued?
PGIM Securitized Income ETF (PINC) closed at 49.31 on 5 Nov 2026, 168% above the GLS average fair value of 18.37. 7 of the 8 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.
The 8 models disagree widely: GLS Growth gives 1.03 while 10 Cap gives 53.43. 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.
PINC 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 PINC
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 | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 18.76 | -62% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 10.46 | -79% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1.71 | -97% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 1.03 | -98% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 53.43 | +8% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 36.75 | -25% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 15.31 | -69% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 9.52 | -81% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.0000 | -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
No Piotroski health score is on file for PINC (the statements it needs were not available), so the Health part of the Wheel Score counts it at half marks - 10 of 20 - rather than marking the stock down for missing data. There is no GLS Moat score for PINC: 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 thin or negative - ROIC 0.0%, ROE 0.0%, ROA 0.0% - with debt at 0.00 times equity and a free-cash-flow yield of 712.9%.
The dividend yield is 2.11% at a payout ratio of 75%; 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 9/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | - / 9 | ROIC | 0.0% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 0.0% |
| Debt / equity | 0.00 | ROA | 0.0% |
| Free-cash-flow yield | 712.9% | Payout ratio | 75% |
| Institutions | 9 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 12: No options
PINC has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (12 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $25M, with a beta of 0.34 - 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 168% 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 $25M (under $1.0B) |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 168% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | no Piotroski score on file - half marks | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta 0.34, $25M 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 PINC 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 Securitized Income 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 |
|---|---|---|---|---|---|
| WBQNL Woodbridge Liquidation Trust | 2.00 | 6.54 | +69% | 26No options | $24M |
| TRLC TriLinc Global Impact Fund, LLC | 0.6250 | 2.46 | +75% | 24No options | $25M |
| TAX EA Series Trust - Cambria Tax Aware ETF | 30.95 | 9.81 | -216% | 11No options | $25M |
| CCOM Simplify Chinese Commodities Strategy No K-1 ETF | 24.23 | 2.29 | -959% | 12No options | $27M |
| DTSGX Wilshire Small Company Growth Portfolio Investment Class Shares | 20.09 | 497.55 | +96% | 27No options | $23M |
| GABBX Gabelli Dividend Growth AAA | 20.41 | 32.78 | +38% | 24No options | $23M |
| GPT Intelligent Alpha Atlas ETF | 32.28 | 3.93 | -721% | 26Weak | $22M |
| HERZ Herzfeld Credit Income Fund, Inc. | 13.64 | 46.24 | +70% | 24No options | $28M |
| TETAA Alpha G Investment Management, Inc. | 17.15 | 10.63 | -61% | 19No options | $28M |
| CATG Leverage Shares 2x Long CAT Daily ETF | 5.27 | 8.73 | +40% | 29Weak | $29M |
| RAND Rand Capital Corp | 9.90 | 18.03 | +45% | 28No options | $29M |
| BMNM Bimini Capital Management, Inc. | 2.96 | 198.93 | +99% | 32No options | $30M |
⚖ Compare PINC with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about PINC
Is PINC undervalued right now?
No: at 49.31 the stock trades 168% above the GLS average fair value of 18.37 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of PINC and what does it mean?
PINC 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 PINC?
18.37 per share as of 5 Nov 2026 - the simple average of the 8 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 Securitized Income ETF report earnings next?
No upcoming earnings date is recorded for PINC in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does PINC have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on PINC, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.