Stock fact sheet · data as of
Permianville Royalty Trust (PVL): fair value, margin of safety and Wheel Score
Energy · Oil & Gas Exploration & Production · United States · Speculative / Distressed
Is PVL undervalued?
At 1.78 (close of 16 Oct 2026), PVL trades 14% under the GLS average fair value of 2.07. 5 of the 7 models that produced a value land above the price. A discount of this size counts as a positive margin of safety in every GLS screen; whether it is enough depends on the rest of the picture - the health score, the moat and the option premium below.
The 7 models disagree widely: GLS Growth gives 0.5123 while DCF gives 3.33. 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 PVL under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for PVL
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 | 3.33 | +87% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 2.08 | +17% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 2.82 | +59% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.7000 | -61% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 0.5123 | -71% | 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 | 3.10 | +74% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 1.94 | +9% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.0828 | -95% | 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: PVL passes 3 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 2.7 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 9.0%, ROE 9.0%, ROA 9.0% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is high at 11.85% (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 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 9.0% |
|---|---|---|---|
| GLS Moat | 2.7 / 10 | ROE | 9.0% |
| Debt / equity | 0.00 | ROA | 9.0% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 44: Weak
PVL scores 44 out of 100 on the Wheel Score, in the Weak band (under 50). Value 18/25, Health 7/20, Moat 4/15, Premium 7/20, Stability 8/20. 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 112% on the near-the-money contracts 20-60 days out - above the 60% ceiling of the sweet spot. Premiums are large, but the Wheel Score tapers the Premium points (7 of 20) because volatility this high usually comes with a reason. Chain open interest is 2,731 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 202k shares a day on a market cap of $59M, with a beta of 0.14 - 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 | 18 / 25 | 14% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 4 / 15 | moat 2.7/10 | |
| Premium | 7 / 20 | implied volatility 112% | |
| Stability | 8 / 20 | 202k shares/day, $59M cap, beta 0.14 |
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
The next earnings report is due on 12 Nov 2026, 27 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Exploration & Production
The 12 companies below are the closest to Permianville Royalty Trust by market cap within the Oil & Gas Exploration & Production 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 |
|---|---|---|---|---|---|
| VOC VOC Energy Trust | 3.40 | 5.44 | +37% | 45Weak | $58M |
| LRDC Laredo Oil, Inc. | 0.7000 | - | - | 27No options | $60M |
| CJAX CoJax Oil and Gas Corporation | 3.55 | 57.16 | +94% | 39No options | $50M |
| BSIN Big Sky Industrial Inc. | 1.39 | - | - | 31No options | $73M |
| CRT Cross Timbers Royalty Trust | 12.86 | 7.07 | -82% | 21No options | $77M |
| NRT North European Oil Royalty Trust | 8.43 | 14.13 | +40% | 66Good | $77M |
| INDO Indonesia Energy Corporation Limited | 2.61 | - | - | 29No options | $40M |
| AGIG Abundia Global Impact Group Inc. | 0.8500 | - | - | 24No options | $38M |
| PROP Prairie Operating Co. | 0.3676 | 13.22 | +97% | 45Weak | $36M |
| RSRV The Reserve Petroleum Company | 226.00 | 348.94 | +35% | 39No options | $34M |
| ANNA AleAnna, Inc. | 2.57 | 10.48 | +75% | 39No options | $105M |
| SPND Spindletop Oil & Gas Co. | 4.70 | - | - | 34No options | $31M |
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Start free See the Sunday ScanQuestions about PVL
Is PVL undervalued right now?
By the GLS models, moderately: at 1.78 the stock trades 14% below the average fair value of 2.07 (data as of 16 Oct 2026).
What is the Wheel Score of PVL and what does it mean?
PVL scores 44 out of 100 (Weak). 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 PVL?
2.07 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 Permianville Royalty Trust report earnings next?
The next earnings report is due on 12 Nov 2026, 27 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does PVL have listed options, and how liquid are they?
Yes. The nightly snapshot found 30 listed contracts with 2,731 open interest across all expiries and implied volatility of 112% 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.