Stock fact sheet · data as of
Siebert Financial Corp. (SIEB): fair value, margin of safety and Wheel Score
Ticker symbol SIEB · Financial Services · Financial - Capital Markets · United States · Speculative
Is SIEB undervalued?
SIEB has a margin of safety of 79%: the stock closed at 1.83 on 5 Nov 2026 against a GLS average fair value of 8.79. 1 of the 1 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.
The average is built from just 1 models (10 Cap) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files SIEB under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for SIEB
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 | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 8.79 | +380% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.38 | -24% | 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
Siebert Financial Corp. 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. On durability SIEB scores 6.0/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are moderate - ROIC 5.1%, ROE 5.7%, ROA 0.7% - with debt at 0.13 times equity and a free-cash-flow yield of 25.2%.
Siebert Financial Corp. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Market Making 100% (quarter Q3 FY2025).
Institutional ownership scores 1/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 5.1% |
|---|---|---|---|
| GLS Moat | 6.0 / 10 | ROE | 5.7% |
| Debt / equity | 0.13 | ROA | 0.7% |
| Free-cash-flow yield | 25.2% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 31: Weak
With a Wheel Score of 31 Siebert Financial Corp. sits in the Weak band. It fails filter 1, options that actually trade - options too quiet (82 open interest, 5 a day); and filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 4, financially healthy - Piotroski 5/9 (under 6); and filter 7, a premium worth selling - implied volatility 158% (over 80%); and filter 8, big enough - market cap $75M (under $1.0B); and filter 9, not a penny stock - price 1.83 (under $5); Premium (weak) is its weakest part.
Implied volatility is 158%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. Chain open interest is thin - 82 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 14k shares a day on a market cap of $75M, with a beta of 1.02; 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 (82 open interest, 5 a day) |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 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 | 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 | implied volatility 158% (over 80%) |
| 8 | Big enough | Fails | market cap $75M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 1.83 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 79% below fair value | |
| Premium | Weak | implied volatility 158% | |
| Moat | Good | moat 6.0/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Weak | Red Flags score 60/100 | |
| Option trading | Weak | 5 contracts a day, 82 open interest | |
| Stability | Fair | beta 1.02, $75M 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 SIEB in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
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| NAKA Nakamoto Inc. | 6.02 | - | - | 6Weak | $105M |
| MATH Metalpha Technology Holding Limited | 1.04 | 6.44 | +84% | 28No options | $49M |
| CANG Cango Inc. | 1.22 | - | - | 10Weak | $48M |
| HGBL Heritage Global Inc. | 1.28 | 8.84 | +86% | 34No options | $44M |
| DOMH Dominari Holdings Inc. | 1.64 | 11.43 | +86% | 24Weak | $40M |
| NCTY The9 Limited | 2.54 | 13.54 | +81% | 25No options | $39M |
| DEFT DeFi Technologies Inc. | 0.3950 | 2.11 | +81% | 23Weak | $153M |
| HWKE Hawkeye Systems, Inc. | 0.6000 | 84,237.30 | +100% | 21No options | $160M |
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Start free See the Sunday ScanQuestions about SIEB
Is SIEB undervalued right now?
By the GLS models, yes: at 1.83 the stock is 79% below the average fair value of 8.79 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SIEB and what does it mean?
SIEB scores 31 out of 100 (Weak) - it fails Wheel Trade Filters 1, 2, 4, 7, 8, 9. 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 SIEB?
8.79 per share as of 5 Nov 2026 - the simple average of the 1 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 Siebert Financial Corp. report earnings next?
No upcoming earnings date is recorded for SIEB in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does SIEB have listed options, and how liquid are they?
Yes. The nightly snapshot found 4 listed contracts with 82 open interest across all expiries and implied volatility of 158% 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.