Stock fact sheet · data as of
Tredegar Corporation (TG): fair value, margin of safety and Wheel Score
Industrials · Manufacturing - Metal Fabrication · United States · Value
Is TG undervalued?
Tredegar Corporation (TG) closed at 7.64 on 16 Oct 2026. The GLS average fair value - the simple average of the 7 valuation models that produced a positive number - is 15.52, which puts the price 51% below it. 6 of the 7 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.
There is a wide gap between Lynch (4.41) and GLS Growth (24.40). 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.
The nightly engine files TG under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for TG
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 | 11.88 | +56% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.58 | +117% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4.41 | -42% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 24.40 | +219% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 21.14 | +177% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 19.57 | +156% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 10.63 | +39% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.4080 | -95% | 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
Tredegar Corporation scores 6 of 9 on the Piotroski F-score: a middling result that passes the Sunday Scan's "6 or more" rule. 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 3.9/10 is a weak reading: the ten-year history the score grades (revenue, EPS, book value, margins, cash flow, share count, ROIC) has not been steady, so the Moat part of the Wheel Score contributes little.
Returns on capital are high - ROIC 12.6%, ROE 15.5%, ROA 9.0% - with debt at 0.22 times equity and a free-cash-flow yield of 8.5%.
Tredegar Corporation 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 Exports From United States 100% (quarter Q2 FY2026).
Institutional ownership scores 8/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 12.6% |
|---|---|---|---|
| GLS Moat | 3.9 / 10 | ROE | 15.5% |
| Debt / equity | 0.22 | ROA | 9.0% |
| Free-cash-flow yield | 8.5% | Payout ratio | 0% |
| Institutions | 8 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 72: Good
With a Wheel Score of 72 - the Good band - Tredegar Corporation clears the Sunday Scan's "70 or higher" rule. The parts: Value 25/25, Health 13/20, Moat 6/15, Premium 20/20, Stability 8/20; Moat (6/15) scores lowest.
Implied volatility is 52% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. Chain open interest is thin - 206 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 233k shares a day on a market cap of $267M, with a beta of 0.77 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 51% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 6 / 15 | moat 3.9/10 | |
| Premium | 20 / 20 | implied volatility 52% | |
| Stability | 8 / 20 | 233k shares/day, $267M cap, beta 0.77 |
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
The next earnings report is due on 6 Nov 2026 (before the open), 21 days away; a 30-45-day put sold today would expire after it, which is worth weighing against the premium.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Manufacturing - Metal Fabrication
The 12 companies below are the closest to Tredegar Corporation by market cap within the Manufacturing - Metal Fabrication 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 |
|---|---|---|---|---|---|
| MEC Mayville Engineering Company, Inc. | 14.21 | 9.09 | -56% | 39Weak | $362M |
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| IIIN Insteel Industries, Inc. | 29.67 | 29.67 | +0% | 52Fair | $574M |
| ZJK ZJK Industrial Co., Ltd. | 1.78 | 3.83 | +54% | 39No options | $114M |
| ROCK Gibraltar Industries, Inc. | 36.68 | 32.98 | -11% | 45Weak | $1.1B |
| TPCS TechPrecision Corporation | 5.40 | - | - | 34No options | $55M |
| RYZ Ryerson Holding Corporation | 26.50 | 48.29 | +45% | 45Weak | $1.4B |
| WOR Worthington Industries, Inc. | 62.73 | 48.88 | -28% | 55Fair | $3.1B |
| TRSG Tungray Technologies Inc Class A Ordinary Shares | 1.20 | 0.4709 | -155% | 17No options | $20M |
| GPGI GPGI, Inc. | 12.69 | 2.25 | -465% | 45Weak | $3.7B |
| DPC DPC Holdings Ltd. | 31.77 | - | - | 45Weak | $4.5B |
| CVR Chicago Rivet & Machine Co. | 10.95 | 0.8829 | -1140% | 16No options | $11M |
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Start free See the Sunday ScanQuestions about TG
Is TG undervalued right now?
By the GLS models, yes: at 7.64 the stock is 51% below the average fair value of 15.52 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of TG and what does it mean?
TG scores 72 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for TG?
15.52 per share as of 16 Oct 2026 - the simple average of the 7 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 Tredegar Corporation report earnings next?
The next earnings report is due on 6 Nov 2026 (before the open), 21 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does TG have listed options, and how liquid are they?
Yes. The nightly snapshot found 64 listed contracts with 206 open interest across all expiries and implied volatility of 52% 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.