Stock fact sheet · data as of
Strategy Inc (STRD): fair value, margin of safety and Wheel Score
Ticker symbol STRD · Technology · Software - Application · United States · Preferred stock · Speculative
STRD is not Strategy Inc's common stock: it is its preferred stock. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as MSTR (Class A common stock).
Is STRD undervalued?
At 71.48 (close of 5 Nov 2026), STRD has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -17.13, it pays no dividend and its debts exceed what its assets would fetch), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.
The nightly engine files STRD 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 STRD
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 | - | - | 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 | - | - | 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) | -572.86 | -901% | 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
Strategy Inc scores only 4 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 2.0/10 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 -6.5%, ROE -7.5%, ROA -6.2% - with debt at 0.16 times equity and negative free cash flow.
Strategy Inc 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 Product Licenses And Subscription Servi… 50%, Subscription And Circulation 47%, License 3% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | -6.5% |
|---|---|---|---|
| GLS Moat | 2.0 / 10 | ROE | -7.5% |
| Debt / equity | 0.16 | ROA | -6.2% |
| Free-cash-flow yield | -29.2% | Payout ratio | -9% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 18: Weak
With a Wheel Score of 18 Strategy 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 3, below fair value - trades right at our fair value; and filter 4, financially healthy - Piotroski 4/9 (under 6); and filter 5, can repay its debt - debt with no positive cash flow to repay it; Value (weak) is its weakest part.
Implied volatility is 29% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is thin - 1,255 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 56k shares a day on a market cap of $1.0B, with a beta of 3.54 - 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 weak.
| 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 | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay 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 | 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 | Weak | 0% below fair value | |
| Premium | Good | implied volatility 29% | |
| Moat | Weak | moat 2.0/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Weak | Red Flags score 60/100 | |
| Option trading | Weak | 1,745 contracts a day, 1,255 open interest | |
| Stability | Weak | beta 3.54, $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 STRD in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Software - Application
The 12 companies below are the closest to Strategy Inc by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
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|---|---|---|---|---|---|
| DJCO Daily Journal Corporation | 662.97 | 346.86 | -91% | 16No options | $914M |
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| RSKD Riskified Ltd. | 8.81 | 9.96 | +12% | 30Weak | $1.2B |
| MITK Mitek Systems, Inc. | 19.09 | 19.51 | +2% | 39Weak | $861M |
| YALA Yalla Group Limited | 5.64 | 16.39 | +66% | 46Weak | $856M |
| LZ LegalZoom.com, Inc. | 6.90 | 6.15 | -12% | 25Weak | $1.2B |
| GTM ZoomInfo Technologies Inc. | 4.26 | 45.98 | +91% | 38Weak | $1.2B |
| IBTA Ibotta, Inc. | 63.03 | 38.28 | -65% | 29Weak | $1.3B |
| PAR PAR Technology Corporation | 19.00 | - | - | 25Weak | $786M |
| RDVT Red Violet, Inc. | 80.00 | 36.25 | -121% | 35Weak | $1.3B |
| MNTN MNTN, Inc Class A | 10.37 | 25.02 | +59% | 33Weak | $776M |
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Start free See the Sunday ScanQuestions about STRD
Is STRD the same as Strategy Inc stock?
No. STRD is not Strategy Inc's common stock: it is its preferred stock. Preferred shares pay a set dividend and rank ahead of the common stock if the company fails, but usually carry no vote and do not share in the company's growth the same way. The valuation models on this page are built for common stock and say little about a preferred share. The common stock trades as MSTR (Class A common stock).
Is STRD undervalued right now?
The GLS models could not value STRD (the company lost money over the last twelve months, EPS -17.13, it pays no dividend and its debts exceed what its assets would fetch), so there is no fair value or margin of safety to compare the price of 71.48 against.
What is the Wheel Score of STRD and what does it mean?
STRD scores 18 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 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 STRD?
None of the nine GLS models produced a positive value for STRD (the company lost money over the last twelve months, EPS -17.13, it pays no dividend and its debts exceed what its assets would fetch), so there is no GLS fair value tonight.
When does Strategy Inc report earnings next?
No upcoming earnings date is recorded for STRD in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does STRD have listed options, and how liquid are they?
Yes. The nightly snapshot found 44 listed contracts with 1,255 open interest across all expiries and implied volatility of 29% 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.