Stock fact sheet · data as of
Under Armour, Inc. (UAA): fair value, margin of safety and Wheel Score
Consumer Cyclical · Apparel - Manufacturers · United States · Speculative / Distressed
Is UAA undervalued?
UAA closed at 4.79 on 16 Oct 2026, 20% below the GLS average fair value of 5.99 from 2 models (1 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" rule of the Sunday Scan, and the Wheel Score gives it 21 of the 25 Value points.
The average is built from just 2 models (DCF, 10 Cap) - 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 UAA 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 UAA
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 | 0.9348 | -80% | 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 | 11.05 | +131% | 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 | - | - | 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) | -0.6671 | -114% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 5.79 | +21% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Under Armour, Inc. scores only 3 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 1.9/10 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 thin or negative - ROIC -14.8%, ROE -35.0%, ROA -11.2% - with debt at 1.37 times equity and negative free cash flow.
Under Armour, 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 Apparel 67%, Footwear 22%, Accessories 9% (quarter Q1 FY2027).
Institutional ownership scores 6/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | -14.8% |
|---|---|---|---|
| GLS Moat | 1.9 / 10 | ROE | -35.0% |
| Debt / equity | 1.37 | ROA | -11.2% |
| Free-cash-flow yield | -4.1% | Payout ratio | 0% |
| Institutions | 6 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 45: Weak
With a Wheel Score of 45 Under Armour, Inc. sits in the Weak band, capped at 45 because the engine files it as Speculative / Distressed. The parts - Value 21/25, Health 7/20, Moat 3/15, Premium 20/20, Stability 16/20 - show where: Moat (3/15) scores lowest.
Implied volatility is 55% 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. The option chain is deep: 503,952 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 7.1M shares a day on a market cap of $2.0B, with a beta of 1.62 - 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 gives that 16 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 21 / 25 | 20% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 3 / 15 | moat 1.9/10 | |
| Premium | 20 / 20 | implied volatility 55% | |
| Stability | 16 / 20 | 7.1M shares/day, $2.0B cap, beta 1.62 |
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 5 Nov 2026 (before the open), 20 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 Apparel - Manufacturers
The 12 companies below are the closest to Under Armour, Inc. by market cap within the Apparel - Manufacturers 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 |
|---|---|---|---|---|---|
| UA Under Armour, Inc. | 4.66 | 5.51 | +15% | 45Weak | $2.0B |
| COLM Columbia Sportswear Company | 60.82 | 103.94 | +41% | 85Prime | $3.1B |
| FIGS FIGS, Inc. | 19.54 | 9.87 | -98% | 52Fair | $3.2B |
| GIII G-III Apparel Group, Ltd. | 28.40 | 100.94 | +72% | 81Prime | $1.2B |
| ZGN Ermenegildo Zegna N.V. | 12.79 | 13.84 | +8% | 73Good | $3.4B |
| PVH PVH Corp. | 81.56 | 162.83 | +50% | 45Weak | $3.8B |
| KTB Kontoor Brands, Inc. | 72.94 | 136.04 | +46% | 88Prime | $4.0B |
| GOOS Canada Goose Holdings Inc. | 8.27 | 12.40 | +33% | 74Good | $808M |
| VFC V.F. Corporation | 16.48 | 22.87 | +28% | 86Prime | $6.5B |
| GIL Gildan Activewear Inc. | 41.99 | 20.97 | -100% | 52Fair | $7.8B |
| LEVI Levi Strauss & Co. | 20.65 | 24.40 | +15% | 82Prime | $7.9B |
| OXM Oxford Industries, Inc. | 27.88 | 70.14 | +60% | 45Weak | $418M |
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Start free See the Sunday ScanQuestions about UAA
Is UAA undervalued right now?
By the GLS models, moderately: at 4.79 the stock trades 20% below the average fair value of 5.99 (data as of 16 Oct 2026).
What is the Wheel Score of UAA and what does it mean?
UAA scores 45 out of 100 (Weak). 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 UAA?
5.99 per share as of 16 Oct 2026 - the simple average of the 2 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 Under Armour, Inc. report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 20 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does UAA have listed options, and how liquid are they?
Yes. The nightly snapshot found 210 listed contracts with 503,952 open interest across all expiries and implied volatility of 55% 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.