Stock fact sheet · data as of
Tri-Continental Corporation (TY): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is TY undervalued?
At 34.50 (close of 16 Oct 2026), TY trades 78% below the GLS average fair value of 156.43. That average comes from 7 models run on the latest filings, and 6 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Tri-Continental Corporation the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
There is a wide gap between DCF (3.82) and GLS Growth (381.34). 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 TY under High Yield Income: a dividend yield above 4%.
Nine valuation models for TY
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 | 3.82 | -89% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 73.80 | +114% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 356.30 | +933% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 155.73 | +351% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 381.34 | +1005% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 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 | 54.82 | +59% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 69.21 | +101% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.1979 | -99% | 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
Tri-Continental Corporation scores only 4 of 9 on the Piotroski F-score, which fails the Sunday Scan's "6 or more" rule. 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 4.2/10 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 12.8%, ROE 12.8%, ROA 12.8% - with debt at 0.00 times equity and negative free cash flow.
The dividend yield is high at 10.80% (payout ratio 0%). 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.
Institutional ownership scores 2/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 12.8% |
|---|---|---|---|
| GLS Moat | 4.2 / 10 | ROE | 12.8% |
| Debt / equity | 0.00 | ROA | 12.8% |
| Free-cash-flow yield | 0.0% | Payout ratio | 0% |
| Institutions | 2 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Tri-Continental Corporation in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 26k shares a day on a market cap of $1.8B, with a beta of 0.85; the Stability part of the Wheel Score gives that 9 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 78% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 6 / 15 | moat 4.2/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 9 / 20 | 26k shares/day, $1.8B cap, beta 0.85 |
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 TY in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Tri-Continental Corporation by market cap within the Asset Management 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 |
|---|---|---|---|---|---|
| AMKIX American Century Emerging Markets Fund - I Class | 18.22 | 2.93 | -522% | 14No options | $1.8B |
| AHLPX American Beacon AHL Managed Futures Strategy Fund - Investor Class | 10.78 | 7.10 | -52% | 29No options | $1.8B |
| AEDMX American Century Emerging Markets Fund | 18.24 | 3.25 | -461% | 19No options | $1.8B |
| GOF Guggenheim Strategic Opportunities Fund | 8.60 | 35.85 | +76% | 39No options | $1.8B |
| FDVAX Fidelity Advisor Diversified Intl A | 30.30 | 31.81 | +5% | 39No options | $1.8B |
| MCNVX NYLI MacKay Convertible Fund;I | 22.56 | 25.11 | +10% | 39No options | $1.8B |
| TWMIX American Century Emerging Markets Investor Class | 17.86 | 6.61 | -170% | 23No options | $1.8B |
| USA Liberty All-Star Equity Fund | 5.87 | 7.61 | +23% | 39No options | $1.8B |
| MHD BlackRock MuniHoldings Fund, Inc. | 10.34 | 8.71 | -19% | 39No options | $1.8B |
| PAX Patria Investments Ltd | 11.50 | 12.42 | +7% | 72Good | $1.9B |
| CLM Cornerstone Strategic Value Fund, Inc. | 6.27 | 29.56 | +79% | 39No options | $1.8B |
| AHIVX American Century High Income Fund - Investor Class | 8.31 | 8.30 | -0% | 36No options | $1.8B |
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Start free See the Sunday ScanQuestions about TY
Is TY undervalued right now?
By the GLS models, yes: at 34.50 the stock is 78% below the average fair value of 156.43 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of TY and what does it mean?
TY 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 TY?
156.43 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 Tri-Continental Corporation report earnings next?
No upcoming earnings date is recorded for TY in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does TY have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on TY, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.