Stock fact sheet · data as of
Southern Company 6.5 % Notes 2025-15.03.85 (SOJF): fair value, margin of safety and Wheel Score
Utilities · Regulated Electric · United States · Speculative / Distressed
Is SOJF undervalued?
Southern Company 6.5 % Notes 2025-15.03.85 (SOJF) closed at 23.07 on 16 Oct 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 34.05, which puts the price 32% below it. 4 of the 8 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 8 models disagree widely: Lynch gives 4.23 while 10 Cap gives 88.93. 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 SOJF 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 SOJF
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 | 56.63 | +145% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 17.06 | -26% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.23 | -82% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 4.26 | -82% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 88.93 | +285% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 45.38 | +97% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 44.14 | +91% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 11.75 | -49% | 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
Financial health is weak: SOJF passes 0 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 0.0 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 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 2.5%.
The dividend yield is 3.36% at a payout ratio of 67%; 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 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 0 / 9 | ROIC | 0.0% |
|---|---|---|---|
| GLS Moat | 0.0 / 10 | ROE | 0.0% |
| Debt / equity | 0.00 | ROA | 0.0% |
| Free-cash-flow yield | 2.5% | Payout ratio | 67% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 32: No options
SOJF has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (32 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 77k shares a day on a market cap of $521M, with a beta of 0.00 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 7 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 32% margin of safety | |
| Health | 0 / 20 | Piotroski 0/9 | |
| Moat | 0 / 15 | moat 0.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 7 / 20 | 77k shares/day, $521M cap, beta 0.00 |
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 SOJF in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Regulated Electric
The 12 companies below are the closest to Southern Company 6.5 % Notes 2025-15.03.85 by market cap within the Regulated Electric 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 |
|---|---|---|---|---|---|
| GNE Genie Energy Ltd. | 16.70 | 19.35 | +14% | 66Good | $440M |
| CNLPL The Connecticut Light and Power Company | 51.82 | 22,217.31 | +100% | 39No options | $313M |
| CNLPM The Connecticut Light and Power Company | 32.37 | 20,634.18 | +100% | 39No options | $313M |
| CNLTL The Connecticut Light and Power Company | 28.80 | 20,343.60 | +100% | 39No options | $313M |
| CNLHN The Connecticut Light and Power Company | 29.90 | 20,433.13 | +100% | 39No options | $313M |
| EAI Entergy Arkansas, Inc. 1M BD 4.875%66 | 18.55 | 1,713.15 | +99% | 39No options | $871M |
| CNTHP The Connecticut Light and Power Company | 51.39 | 22,182.31 | +100% | 39No options | $310M |
| CNTHN The Connecticut Light and Power Company | 38.50 | 21,133.13 | +100% | 39No options | $306M |
| NKLR Terra Innovatum Global N.V. Ordinary shares | 2.58 | 145.33 | +98% | 45Weak | $285M |
| EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | 20.72 | 860.56 | +98% | 39No options | $1.0B |
| IMSR Terrestrial Energy Inc. | 3.22 | 1.28 | -152% | 24Weak | $266M |
| CNTHO The Connecticut Light and Power Company | 41.09 | 21,343.94 | +100% | 39No options | $248M |
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Start free See the Sunday ScanQuestions about SOJF
Is SOJF undervalued right now?
By the GLS models, yes: at 23.07 the stock is 32% below the average fair value of 34.05 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SOJF and what does it mean?
SOJF 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 SOJF?
34.05 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 Southern Company 6.5 % Notes 2025-15.03.85 report earnings next?
No upcoming earnings date is recorded for SOJF in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does SOJF have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on SOJF, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.