Micro Cap

PCYO

PURE CYCLE CORP

Deeply overvalued

Utilities

Price$11.11

Model IV$4.42

P/IV2.34

Premium +151% Return to IV: -60.2%

PDC

Perpetuals.com Ltd

Valuation N/A

Technology

Price$3.25

Model IV—

P/IV—

Market implies +42.3%/yr

PDCC

Pearl Diver Credit Co Inc.

Valuation N/A

Unknown

Price$7.95

Model IV—

P/IV—

Limited data — see page

PDEX

PRO DEX INC

Deeply overvalued

Healthcare

Price$62.49

Model IV$44.41

P/IV1.46

Premium +41% Return to IV: -28.9%

Market implies -0.6%/yr vs model +15.0% · below model

PDO

PIMCO Dynamic Income Opportunities Fund

Valuation N/A

Unknown

Price$12.10

Model IV—

P/IV—

Limited data — see page

PDPA

Pearl Diver Credit Co Inc.

Valuation N/A

Unknown

Price$24.98

Model IV—

P/IV—

Limited data — see page

PDSB

PDS Biotechnology Corp

Valuation N/A

Healthcare

Price$1.38

Model IV—

P/IV—

Limited data — see page

PDT

JOHN HANCOCK PREMIUM DIVIDEND FUND

Valuation N/A

Unknown

Price$12.04

Model IV—

P/IV—

Limited data — see page

PDX

PIMCO Dynamic Income Strategy Fund

Valuation N/A

Unknown

Price$20.83

Model IV—

P/IV—

Limited data — see page

PDYN

Palladyne AI Corp.

Valuation N/A

Technology

Price$5.04

Model IV—

P/IV—

Market implies +74.8%/yr

PDYNW

Palladyne AI Corp.

Valuation N/A

Technology

Price$0.00

Model IV—

P/IV—

Market implies -50.0%/yr

PEBK

PEOPLES BANCORP OF NORTH CAROLINA INC

Deeply overvalued

Financial Services

Price$43.78

Model IV$32.87

P/IV1.28

Premium +33% Return to IV: -24.9%

PED

PEDEVCO CORP

Deeply undervalued

Energy

Price$13.47

Model IV$20.64

P/IV0.64

Discount 35% Return to IV: +53.2%

Market implies -2.7%/yr vs model +7.5% · below model

PEO

ADAMS NATURAL RESOURCES FUND, INC.

Valuation N/A

Unknown

Price$28.86

Model IV—

P/IV—

Limited data — see page

PEPG

PepGen Inc.

Valuation N/A

Healthcare

Price$2.62

Model IV—

P/IV—

Limited data — see page

PERF

Perfect Corp.

Fairly valued

Technology

Price$1.92

Model IV$1.79

P/IV1.07

Premium +7% Return to IV: -6.6%

Market implies +8.8%/yr vs model +12.6% · below model

PESI

PERMA FIX ENVIRONMENTAL SERVICES INC

Valuation N/A

Utilities

Price$13.76

Model IV—

P/IV—

Limited data — see page

PETS

PETMED EXPRESS INC

Deeply undervalued

Consumer Cyclical

Price$1.29

Model IV$4.95

P/IV0.44

Discount 74% Return to IV: +285.2%

Market implies -28.1%/yr vs model +2.0% · below model

PETZ

TDH Holdings, Inc.

Valuation N/A

Real Estate

Price$1.26

Model IV—

P/IV—

Market implies +26.2%/yr vs model +3.7% · above model

PEW

GrabAGun Digital Holdings Inc.

Undervalued

Consumer Cyclical

Price$1.86

Model IV$2.61

P/IV0.83

Discount 29% Return to IV: +40.3%

Market implies -6.3%/yr vs model +15.0% · below model

PFAI

Pinnacle Food Group Ltd

Valuation N/A

Basic Materials

Price$3.05

Model IV—

P/IV—

Market implies +57.0%/yr vs model +8.0% · above model

PFBC

Preferred Bank

Valuation N/A

Unknown

Price$102.58

Model IV—

P/IV—

Limited data — see page

PFD

FLAHERTY & CRUMRINE PREFERRED & INCOME FUND INC

Valuation N/A

Unknown

Price$10.58

Model IV—

P/IV—

Limited data — see page

PFL

PIMCO INCOME STRATEGY FUND

Valuation N/A

Unknown

Price$6.94

Model IV—

P/IV—

Limited data — see page

PFN

PIMCO Income Strategy Fund II

Valuation N/A

Unknown

Price$6.25

Model IV—

P/IV—

Limited data — see page

PFO

Flaherty & Crumrine PREFERRED & INCOME OPPORTUNITY FUND INC

Valuation N/A

Unknown

Price$8.56

Model IV—

P/IV—

Limited data — see page

PFSA

Profusa, Inc.

Valuation N/A

Healthcare

Price$1.42

Model IV—

P/IV—

Market implies +16.2%/yr

PFX

PhenixFIN Corp

Valuation N/A

Unknown

Price$44.95

Model IV—

P/IV—

Limited data — see page

PFXNZ

PhenixFIN Corp

Valuation N/A

Unknown

Price$24.07

Model IV—

P/IV—

Limited data — see page

PGAC

PANTAGES CAPITAL ACQUISITION Corp

Valuation N/A

Financial Services

Price$10.77

Model IV—

P/IV—

Limited data — see page

PGACR

PANTAGES CAPITAL ACQUISITION Corp

Valuation N/A

Financial Services

Price$0.19

Model IV—

P/IV—

Limited data — see page

PGACU

PANTAGES CAPITAL ACQUISITION Corp

Valuation N/A

Financial Services

Price$10.89

Model IV—

P/IV—

Limited data — see page

PGP

PIMCO Global StocksPLUS & Income Fund

Valuation N/A

Unknown

Price$8.25

Model IV—

P/IV—

Limited data — see page

PGZ

Principal Real Estate Income Fund

Valuation N/A

Unknown

Price$8.90

Model IV—

P/IV—

Limited data — see page

PHGE

BiomX Inc.

Valuation N/A

Healthcare

Price$0.29

Model IV—

P/IV—

Limited data — see page

PHIO

Phio Pharmaceuticals Corp.

Valuation N/A

Healthcare

Price$0.98

Model IV—

P/IV—

Limited data — see page

PHK

PIMCO HIGH INCOME FUND

Valuation N/A

Unknown

Price$4.16

Model IV—

P/IV—

Limited data — see page

PHUN

Phunware, Inc.

Valuation N/A

Technology

Price$2.11

Model IV—

P/IV—

Market implies +77.3%/yr vs model +2.0% · above model

PIII

P3 Health Partners Inc.

Valuation N/A

Healthcare

Price$4.95

Model IV—

P/IV—

Market implies -50.0%/yr vs model +26.0% · below model

PIIIW

P3 Health Partners Inc.

Valuation N/A

Healthcare

Price$0.01

Model IV—

P/IV—

Market implies -50.0%/yr vs model +26.0% · below model

PINE

Alpine Income Property Trust, Inc.

Deeply overvalued

Financial Services

Price$17.92

Model IV$11.42

P/IV1.48

Premium +57% Return to IV: -36.3%

PJT

PJT Partners Inc.

Valuation N/A

Financial Services

Price$137.28

Model IV—

P/IV—

Limited data — see page

PLAG

Planet Green Holdings Corp.

Valuation N/A

Consumer Defensive

Price$0.71

Model IV—

P/IV—

Market implies +27.7%/yr vs model +2.0% · above model

PLBY

Playboy, Inc.

Deeply overvalued

Consumer Cyclical

Price$0.98

Model IV$0.53

P/IV2.60

Premium +86% Return to IV: -46.4%

Market implies +8.0%/yr vs model +2.0% · above model

PLCE

Childrens Place, Inc.

Valuation N/A

Consumer Cyclical

Price$1.42

Model IV—

P/IV—

Market implies -50.0%/yr vs model +2.0% · below model

PLG

PLATINUM GROUP METALS LTD

Valuation N/A

Basic Materials

Price$1.29

Model IV—

P/IV—

Market implies +46.7%/yr vs model +5.0% · above model

PLMK

Plum Acquisition Corp, IV

Valuation N/A

Financial Services

Price$10.64

Model IV—

P/IV—

Limited data — see page

PLMKU

Plum Acquisition Corp, IV

Valuation N/A

Utilities

Price$10.76

Model IV—

P/IV—

Limited data — see page

PLMKW

Plum Acquisition Corp, IV

Valuation N/A

Utilities

Price$0.40

Model IV—

P/IV—

Limited data — see page

PLRX

PLIANT THERAPEUTICS, INC.

Valuation N/A

Healthcare

Price$1.02

Model IV—

P/IV—

Market implies +46.3%/yr vs model +15.0% · above model

PLRZ

Polyrizon Ltd.

Valuation N/A

Healthcare

Price$8.99

Model IV—

P/IV—

Limited data — see page

PLSM

Pulsenmore Ltd.

Valuation N/A

Healthcare

Price$1.85

Model IV—

P/IV—

Limited data — see page

PLTM

GraniteShares Platinum Trust

Valuation N/A

Financial Services

Price$16.18

Model IV—

P/IV—

Limited data — see page

PLTS

Platinum Analytics Cayman Ltd

Valuation N/A

Technology

Price$17.50

Model IV—

P/IV—

Market implies +31.2%/yr

PLUR

Pluri Inc.

Valuation N/A

Healthcare

Price$0.95

Model IV—

P/IV—

Market implies +12.5%/yr vs model +15.0% · in line

PLUT

Plutus Financial Group Ltd

Valuation N/A

Financial Services

Price$2.07

Model IV—

P/IV—

Market implies +31.8%/yr

PLX

Protalix BioTherapeutics, Inc.

Valuation N/A

Healthcare

Price$2.78

Model IV—

P/IV—

Market implies +18.3%/yr

PLYX

Polaryx Therapeutics, Inc.

Valuation N/A

Healthcare

Price$2.00

Model IV—

P/IV—

Limited data — see page

PMAX

Powell Max Ltd

Deeply overvalued

Technology

Price$0.69

Model IV$0.20

P/IV4.51

Premium +241% Return to IV: -70.6%

Market implies +20.7%/yr vs model +15.0% · above model

PMCB

PharmaCyte Biotech, Inc.

Valuation N/A

Healthcare

Price$0.40

Model IV—

P/IV—

Limited data — see page