Stock fact sheet · data as of
Sinclair, Inc. (SBGI): fair value, margin of safety and Wheel Score
Ticker symbol SBGI · Communication Services · Broadcasting · United States · Class A common stock · Value Income
SBGI is Sinclair, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is SBGI undervalued?
SBGI has a margin of safety of 73%: the stock closed at 14.10 on 5 Nov 2026 against a GLS average fair value of 51.98. 8 of the 9 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
There is a wide gap between GLS Growth (5.75) and Graham Growth (112.31). 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.
Ranked against every other company we cover, SBGI is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 69, growth score 13, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for SBGI
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 | 106.12 | +653% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 15.83 | +12% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 112.31 | +697% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 49.09 | +248% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 5.75 | -59% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 67.50 | +379% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 74.73 | +430% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 14.71 | +4% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 21.82 | +55% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -53.75 | -481% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 19.00 | +35% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Sinclair, Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.4/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -2.3%, ROE -25.3%, ROA -1.9% - with debt at 10.20 times equity and a free-cash-flow yield of 27.7%. Debt of 10.20 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 7.09% (payout ratio 51%). 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. Revenue comes mainly from Local Media 93%, Other Operating 7% (quarter Q2 FY2026).
Institutional ownership scores 6/10, insider activity 8/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | -2.3% |
|---|---|---|---|
| GLS Moat | 3.4 / 10 | ROE | -25.3% |
| Debt / equity | 10.20 | ROA | -1.9% |
| Free-cash-flow yield | 27.7% | Payout ratio | 51% |
| Institutions | 6 / 10 | Insiders · Congress | 8 · 5 / 10 |
Wheel Score 48: Weak
With a Wheel Score of 48 Sinclair, Inc. sits in the Weak band. It fails filter 4, financially healthy - Piotroski 5/9 (under 6); and filter 5, can repay its debt - 22.9 years to repay its debt (over 3); Option trading (weak) is its weakest part.
Implied volatility is 45% on the near-the-money contracts 20-60 days out - inside the 35-60% sweet spot the Wheel Score rewards most: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is 6,638 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 921k shares a day on a market cap of $1.0B, with a beta of 1.21 - 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 rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Fails | 22.9 years to repay its debt (over 3) |
| 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 | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 73% below fair value | |
| Premium | Strong | implied volatility 45% | |
| Moat | Weak | moat 3.4/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Strong | Red Flags score 92/100 | |
| Option trading | Weak | 708 contracts a day, 6,638 open interest | |
| Stability | Fair | beta 1.21, $1.0B 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 SBGI in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Broadcasting
The 12 companies below are the closest to Sinclair, Inc. by market cap within the Broadcasting 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 |
|---|---|---|---|---|---|
| FUBO fuboTV Inc. | 8.23 | - | - | 18Weak | $924M |
| NMAX Newsmax, Inc. | 8.14 | 0.1497 | -5336% | 25Weak | $732M |
| IHRTB iHeartMedia, Inc. | 4.00 | 10.30 | +61% | 25No options | $1.5B |
| EVC Entravision Communications | 7.28 | 3.11 | -134% | 25Weak | $672M |
| GTN Gray Media, Inc. | 4.98 | 29.09 | +83% | 45Weak | $513M |
| IHRT iHeartMedia, Inc. | 2.05 | 10.18 | +80% | 22Weak | $274M |
| SSP The E.W. Scripps Company | 2.88 | - | - | 19Weak | $233M |
| NXST Nexstar Media Group, Inc. | 185.12 | 190.34 | +3% | 34Weak | $5.7B |
| CURI CuriosityStream Inc. | 2.66 | 0.8781 | -203% | 17Weak | $158M |
| SIRI Sirius XM Holdings Inc. | 33.40 | 79.67 | +58% | 60Fair | $11.2B |
| MDIA MediaCo Holding Inc. | 0.9702 | 0.1394 | -596% | 14No options | $76M |
| SGA Saga Communications, Inc. | 7.84 | 16.04 | +51% | 31No options | $50M |
⚖ Compare SBGI with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about SBGI
What kind of share is SBGI?
SBGI is Sinclair, Inc.'s Class A common stock. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is SBGI undervalued right now?
By the GLS models, yes: at 14.10 the stock is 73% below the average fair value of 51.98 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SBGI and what does it mean?
SBGI scores 48 out of 100 (Weak) - it fails Wheel Trade Filters 4, 5. 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 SBGI?
51.98 per share as of 5 Nov 2026 - the simple average of the 9 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 Sinclair, Inc. report earnings next?
No upcoming earnings date is recorded for SBGI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does SBGI have listed options, and how liquid are they?
Yes. The nightly snapshot found 16 listed contracts with 6,638 open interest across all expiries and implied volatility of 45% 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.