Stock fact sheet · data as of
WesMark Government Bond Fund (WMBDX): fair value, margin of safety and Wheel Score
Financial Services · Asset Management - Bonds · United States · Blend
Is WMBDX undervalued?
WesMark Government Bond Fund (WMBDX) closed at 7.55 on 16 Oct 2026. The GLS average fair value - the simple average of the 8 valuation models that produced a positive number - is 16.64, which puts the price 55% below it. 2 of the 8 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.
The 8 models disagree widely: Lynch gives 0.8225 while 10 Cap gives 100.44. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files WMBDX under Blend.
Nine valuation models for WMBDX
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 | 6.65 | -12% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 3.32 | -56% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 0.8225 | -89% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 2.58 | -66% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 100.44 | +1230% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 12.86 | +70% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 4.20 | -44% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 2.28 | -70% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -5.04 | -167% | 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
Financial health is average - WMBDX passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 5.0 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 1.5%, ROE 2.1%, ROA 1.4% - with debt at 0.44 times equity and a free-cash-flow yield of 76.5%.
The dividend yield is 3.78% at a payout ratio of 177%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 1.5% |
|---|---|---|---|
| GLS Moat | 5.0 / 10 | ROE | 2.1% |
| Debt / equity | 0.44 | ROA | 1.4% |
| Free-cash-flow yield | 76.5% | Payout ratio | 177% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
WMBDX has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at - a day on a market cap of $162M, with a beta of 1.10; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 55% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 8 / 15 | moat 5.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 0k shares/day, $162M cap, beta 1.10 |
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 WMBDX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Bonds
The 12 companies below are the closest to WesMark Government Bond Fund by market cap within the Asset Management - Bonds 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 |
|---|---|---|---|---|---|
| VBF Invesco Bond Fund | 14.32 | 26.96 | +47% | 39No options | $164M |
| DHY UBS Asset Management High Yield Credit Fund | 16.01 | 31.19 | +49% | 39No options | $166M |
| DMB BNY Mellon Municipal Bond Infrastructure Fund, Inc. | 9.57 | 10.08 | +5% | 35No options | $176M |
| FOSIX Tributary Short-Intermediate Bond Fd Insti | 8.89 | 2.45 | -263% | 23No options | $189M |
| DSCO DoubleLine Securitized Credit ETF | 24.33 | 13.63 | -79% | 8No options | $136M |
| CALI iShares Short-Term California Muni Active ETF | 49.98 | 10.78 | -363% | 9No options | $212M |
| FADLX Frost Low Duration Bond Fund Investor Class Shares | 9.70 | 113.85 | +91% | 39No options | $222M |
| FTPA Franklin Pennsylvania Municipal Income ETF | 8.20 | 2.13 | -285% | 10No options | $281M |
| GBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust | 12.41 | 33.92 | +63% | 39No options | $331M |
| DCIBX DFA California Intermediate-Term Municipal Bond Port | 10.08 | 6.91 | -46% | 19No options | $376M |
| CPTNX American Century Government Bond Investor Class | 8.99 | 10.35 | +13% | 39No options | $406M |
| PCARX PIMCO Credit Opportunities Bond Fund Class INSTL | 9.11 | 15.88 | +43% | 39No options | $453M |
⚖ Compare WMBDX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about WMBDX
Is WMBDX undervalued right now?
By the GLS models, yes: at 7.55 the stock is 55% below the average fair value of 16.64 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of WMBDX and what does it mean?
WMBDX 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 WMBDX?
16.64 per share as of 16 Oct 2026 - the simple average of the 8 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 WesMark Government Bond Fund report earnings next?
No upcoming earnings date is recorded for WMBDX in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does WMBDX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on WMBDX, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.