Stock fact sheet · data as of
Shutterstock, Inc. (SSTK): fair value, margin of safety and Wheel Score
Ticker symbol SSTK · Communication Services · Internet Content & Information · United States · Speculative Income
Is SSTK undervalued?
SSTK has a margin of safety of 95%: the stock closed at 4.36 on 5 Nov 2026 against a GLS average fair value of 83.84. 3 of the 3 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 3 models (DCF, 10 Cap, DDM) - 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 SSTK 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. It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for SSTK
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 | 159.53 | +3559% | Present value of the projected free cash flows, discounted at the cost of capital |
| 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 | 71.70 | +1545% | 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 | 20.31 | +366% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -11.81 | -371% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 67.00 | +1437% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Shutterstock, Inc. scores only 3 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 7.7/10 puts SSTK among the more durable businesses we track: over up to ten years its returns on capital have stayed high, its margins steady and its balance sheet sound.
Returns on capital are moderate - ROIC 5.1%, ROE 7.8%, ROA 3.4% - with debt at 0.55 times equity and a free-cash-flow yield of 55.1%.
The dividend yield is high at 31.65% (payout ratio -24%). 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 Content 100% (quarter Q2 FY2026).
Institutional ownership scores 7/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 5.1% |
|---|---|---|---|
| GLS Moat | 7.7 / 10 | ROE | 7.8% |
| Debt / equity | 0.55 | ROA | 3.4% |
| Free-cash-flow yield | 55.1% | Payout ratio | -24% |
| Institutions | 7 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 37: Weak
With a Wheel Score of 37 Shutterstock, Inc. sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 4, financially healthy - Piotroski 3/9 (under 6); and filter 6, no serious red flags - Red Flags score 55 (under 60); and filter 7, a premium worth selling - implied volatility 83% (over 80%); and filter 8, big enough - market cap $161M (under $1.0B); and filter 9, not a penny stock - price 4.36 (under $5); Red Flags (weak) is its weakest part.
Implied volatility is 83%, 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 3,271 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 571k shares a day on a market cap of $161M, with a beta of 1.14; 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 | 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 3/9 (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 | Fails | Red Flags score 55 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 83% (over 80%) |
| 8 | Big enough | Fails | market cap $161M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 4.36 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 95% below fair value | |
| Premium | Fair | implied volatility 83% | |
| Moat | Good | moat 7.7/10 | |
| Health | Weak | Piotroski 3/9 | |
| Red Flags | Weak | Red Flags score 55/100 | |
| Option trading | Weak | 311 contracts a day, 3,271 open interest | |
| Stability | Fair | beta 1.14, $161M 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
Shutterstock, Inc. reports earnings on 5 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Internet Content & Information
The 12 companies below are the closest to Shutterstock, Inc. by market cap within the Internet Content & Information 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 |
|---|---|---|---|---|---|
| ZH Zhihu Inc. | 2.71 | - | - | 21Weak | $213M |
| DOYU DouYu International Holdings Limited | 3.68 | 85.13 | +96% | 27No options | $111M |
| ELRE Yinfu Gold Corporation | 0.8600 | - | - | 10No options | $105M |
| TTGT TechTarget, Inc. | 3.49 | - | - | 15Weak | $252M |
| ANGI Angi Inc. | 6.84 | 2.79 | -145% | 26Weak | $277M |
| GIBO GIBO Holdings Limited | 112.34 | - | - | 12No options | $293M |
| FVRR Fiverr International Ltd. | 8.71 | 24.57 | +65% | 49Weak | $313M |
| BZFD BuzzFeed, Inc. | 0.9207 | - | - | 8Weak | $81M |
| UPXI Upexi, Inc. | 0.7663 | - | - | 8Weak | $68M |
| WSHP WeShop Holdings Limited Class A Ordinary Shares | 2.55 | - | - | 10No options | $65M |
| PODC PodcastOne, Inc. | 2.15 | 2.37 | +9% | 16No options | $65M |
| SOHU Sohu.com Limited | 13.62 | 249.14 | +95% | 44Weak | $409M |
⚖ Compare SSTK with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about SSTK
Is SSTK undervalued right now?
By the GLS models, yes: at 4.36 the stock is 95% below the average fair value of 83.84 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of SSTK and what does it mean?
SSTK scores 37 out of 100 (Weak) - it fails Wheel Trade Filters 2, 4, 6, 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 SSTK?
83.84 per share as of 5 Nov 2026 - the simple average of the 3 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 Shutterstock, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 0 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does SSTK have listed options, and how liquid are they?
Yes. The nightly snapshot found 8 listed contracts with 3,271 open interest across all expiries and implied volatility of 83% 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.