Stock fact sheet · data as of
T. Rowe Price Global Technology Fund (PRGTX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Global · United States · Value
Is PRGTX undervalued?
At 35.88 (close of 16 Oct 2026), PRGTX trades 99% below the GLS average fair value of 2,635.80. That average comes from 8 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 T. Rowe Price Global Technology Fund the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between EPV (771.32) and DCF (4,962.08). 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.
The nightly engine files PRGTX under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for PRGTX
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 | 4,962.08 | +13730% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 888.36 | +2376% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3,970.74 | +10967% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 1,735.46 | +4737% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2,513.38 | +6905% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 2,901.07 | +7985% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 3,344.01 | +9220% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 771.32 | +2050% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,374.95 | -3932% | 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
T. Rowe Price Global Technology Fund scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 3.7/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are moderate - ROIC 5.4%, ROE 13.7%, ROA 3.5% - with debt at 1.53 times equity and a free-cash-flow yield of 312.1%.
T. Rowe Price Global Technology Fund pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 5.4% |
|---|---|---|---|
| GLS Moat | 3.7 / 10 | ROE | 13.7% |
| Debt / equity | 1.53 | ROA | 3.5% |
| Free-cash-flow yield | 312.1% | Payout ratio | 57% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
No options are listed on T. Rowe Price Global Technology Fund in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $6.6B, with a beta of 1.56 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score gives that 10 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 99% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 6 / 15 | moat 3.7/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 10 / 20 | 0k shares/day, $6.6B cap, beta 1.56 |
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 PRGTX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Global
The 12 companies below are the closest to T. Rowe Price Global Technology Fund by market cap within the Asset Management - Global 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 |
|---|---|---|---|---|---|
| MSFBX Morgan Stanley Institutional Global Franchise Portfolio;A | 27.76 | 36.91 | +25% | 39No options | $1.8B |
| ETW Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund | 9.44 | 40.15 | +76% | 39No options | $1.0B |
| MEGI NYLI CBRE Global Infrastructure Megatrends Term Fund | 13.85 | 52.27 | +74% | 39No options | $721M |
| BOE BlackRock Enhanced Global Dividend Trust | 11.45 | 46.31 | +75% | 39No options | $637M |
| IGD Voya Global Equity Dividend and Premium Opportunity Fund | 6.35 | 21.10 | +70% | 39No options | $501M |
| ALTI AlTi Global, Inc. | 2.31 | 1.43 | -62% | 27Weak | $385M |
| GRIN VictoryShares International Free Cash Flow Growth ETF | 32.00 | 77.82 | +59% | 39No options | $355M |
| AWP abrdn Global Premier Properties Fund | 10.09 | 30.47 | +67% | 39No options | $311M |
| EOD Allspring Global Dividend Opportunity Fund of Benef Interest | 6.35 | 34.47 | +82% | 39No options | $273M |
| BGH Barings Global Short Duration High Yield Fund | 13.00 | 21.37 | +39% | 39No options | $261M |
| TQGEX T. Rowe Price Integrated Global Eq | 24.10 | 19,507.15 | +100% | 39No options | $213M |
| ARTHX Artisan Global Equity Fund Investor Shares | 23.29 | 38.75 | +40% | 39No options | $197M |
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Start free See the Sunday ScanQuestions about PRGTX
Is PRGTX undervalued right now?
By the GLS models, yes: at 35.88 the stock is 99% below the average fair value of 2,635.80 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of PRGTX and what does it mean?
PRGTX has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for PRGTX?
2,635.80 per share as of 16 Oct 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 T. Rowe Price Global Technology Fund report earnings next?
No upcoming earnings date is recorded for PRGTX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does PRGTX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on PRGTX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.