Educational use only — not investment advice. "Undervalued / fairly valued / overvalued" and every risk score reflect our models vs. price, which can be wrong or based on stale or incomplete data. Always review the company's own financials and SEC filings, and consult a licensed advisor, before acting.
EXOD
Deeply undervalued
Exodus Movement, Inc.
Price$6.31
Model IV$17.35
P/IV0.41
Discount 64%
Return to IV: +174.9%
Market implies -12.8%/yr
vs model +47.1% · below model
FETH
Valuation N/A
Fidelity Ethereum Fund
Price$24.51
Model IV—
P/IV—
Limited data — see page
FGNX
Valuation N/A
FG Nexus Inc.
Price$6.19
Model IV—
P/IV—
Market implies +92.3%/yr
vs model +2.0% · above model
FGNXP
Valuation N/A
FG Nexus Inc.
Price$24.50
Model IV—
P/IV—
Market implies +51.5%/yr
FLD
Deeply overvalued
Fold Holdings, Inc.
Price$0.55
Model IV$0.27
P/IV2.16
Premium +105%
Return to IV: -51.1%
Market implies +8.6%/yr
vs model +15.0% · below model
FLDDW
Deeply undervalued
Fold Holdings, Inc.
Price$0.10
Model IV$0.31
P/IV0.31
Discount 68%
Return to IV: +209.4%
Market implies -25.0%/yr
vs model +15.0% · below model
FRMM
Valuation N/A
FORUM MARKETS Inc
Price$4.49
Model IV—
P/IV—
Market implies +60.0%/yr
vs model +15.0% · above model
FUFU
Deeply undervalued
Bitfufu Inc.
Price$1.30
Model IV$2.72
P/IV2.00
Discount 52%
Return to IV: +109.6%
Market implies -6.3%/yr
vs model +41.6% · below model
FUFUW
Valuation N/A
Bitfufu Inc.
Price$0.18
Model IV—
P/IV—
Market implies -50.0%/yr
vs model +46.7% · below model
FWDI
Valuation N/A
Forward Industries, Inc.
Price$7.18
Model IV—
P/IV—
Market implies +11.9%/yr
GDOT
Fairly valued
GREEN DOT CORP
Price$12.68
Model IV$13.44
P/IV0.96
Discount 6%
Return to IV: +6.0%
Market implies +5.2%/yr
vs model +8.6% · below model
GEMI
Deeply overvalued
Gemini Space Station, Inc.
Price$4.47
Model IV$3.39
P/IV1.55
Premium +32%
Return to IV: -24.1%
Market implies +8.8%/yr
vs model +35.3% · below model
GHI
Deeply undervalued
Greystone Housing Impact Investors LP
Price$5.10
Model IV$24.00
P/IV0.25
Discount 79%
Return to IV: +370.5%
Market implies -19.5%/yr
vs model +7.3% · below model
GPGI
Valuation N/A
GPGI, Inc.
Price$12.40
Model IV—
P/IV—
Market implies +40.3%/yr
GRAN
Valuation N/A
Grande Group Ltd/HK
Price$1.17
Model IV—
P/IV—
Market implies +56.6%/yr
GREE
Valuation N/A
Greenidge Generation Holdings Inc.
Price$1.62
Model IV—
P/IV—
Market implies -1.0%/yr
vs model +2.0% · in line
GREEL
Valuation N/A
Greenidge Generation Holdings Inc.
Price$25.40
Model IV—
P/IV—
Market implies +38.4%/yr
vs model +2.0% · above model
HIVE
Valuation N/A
HIVE Digital Technologies Ltd.
Price$2.56
Model IV—
P/IV—
Market implies +16.3%/yr
HKD
Deeply undervalued
AMTD Digital Inc.
Price$1.70
Model IV$3.43
P/IV0.53
Discount 50%
Return to IV: +102.0%
Market implies +3.7%/yr
vs model +20.3% · below model
HSCS
Valuation N/A
HeartSciences Inc.
Price$3.04
Model IV—
P/IV—
Market implies +119.4%/yr
HSCSW
Valuation N/A
HeartSciences Inc.
Price$0.07
Model IV—
P/IV—
Market implies +48.8%/yr
HSDT
Valuation N/A
Solana Co
Price$2.38
Model IV—
P/IV—
Market implies +79.3%/yr
vs model +2.7% · above model
HTT
Valuation N/A
High Templar Tech Ltd
Price$2.24
Model IV—
P/IV—
Market implies -50.0%/yr
HUT
Valuation N/A
Hut 8 Corp.
Price$79.59
Model IV—
P/IV—
Market implies +56.8%/yr
vs model +47.2% · above model
IREN
Valuation N/A
IREN Ltd
Price$35.71
Model IV—
P/IV—
Market implies +78.6%/yr
vs model +15.0% · above model
JFIN
Deeply undervalued
Jiayin Group Inc.
Price$1.32
Model IV$11.73
P/IV0.37
Discount 89%
Return to IV: +788.4%
Market implies -13.9%/yr
vs model +25.0% · below model
JFU
Deeply undervalued
9F Inc.
Price$2.74
Model IV$24.47
P/IV0.11
Discount 89%
Return to IV: +793.2%
Market implies -41.0%/yr
vs model +8.0% · below model
KEEL
Valuation N/A
Keel Infrastructure Corp.
Price$3.15
Model IV—
P/IV—
Market implies +64.7%/yr
vs model +15.0% · above model
KLAR
Valuation N/A
Klarna Group plc
Price$13.46
Model IV—
P/IV—
Limited data — see page
LDI
Valuation N/A
loanDepot, Inc.
Price$0.62
Model IV—
P/IV—
Market implies -26.5%/yr
LMFA
Overvalued
LM FUNDING AMERICA, INC.
Price$1.76
Model IV$1.37
P/IV0.19
Premium +28%
Return to IV: -22.0%
Market implies +7.2%/yr
vs model +50.0% · below model
LU
Deeply undervalued
Lufax Holding Ltd
Price$0.95
Model IV$5.50
P/IV0.22
Discount 83%
Return to IV: +480.6%
Market implies -22.3%/yr
vs model +8.0% · below model
LX
Deeply undervalued
LexinFintech Holdings Ltd.
Price$0.69
Model IV$19.21
P/IV0.11
Discount 96%
Return to IV: +2,674.2%
Market implies -50.0%/yr
vs model +7.1% · below model
MARA
Valuation N/A
MARA Holdings, Inc.
Price$9.91
Model IV—
P/IV—
Market implies +88.4%/yr
vs model +24.8% · above model
MATH
Valuation N/A
Metalpha Technology Holding Ltd
Price$0.94
Model IV—
P/IV—
Market implies +73.0%/yr
vs model +15.0% · above model
MBNKO
Valuation N/A
MEDALLION FINANCIAL CORP
Price$23.60
Model IV—
P/IV—
Limited data — see page
MCGA
Valuation N/A
Yorkville Acquisition Corp.
Price$10.35
Model IV—
P/IV—
Limited data — see page
MCGAU
Valuation N/A
Yorkville Acquisition Corp.
Price$10.20
Model IV—
P/IV—
Limited data — see page
MCGAW
Valuation N/A
Yorkville Acquisition Corp.
Price$0.28
Model IV—
P/IV—
Limited data — see page
MDBH
Valuation N/A
MDB Capital Holdings, LLC
Price$2.05
Model IV—
P/IV—
Limited data — see page
MEGL
Valuation N/A
Magic Empire Global Ltd
Price$0.70
Model IV—
P/IV—
Market implies +26.2%/yr
vs model +15.0% · above model
MFIN
Deeply undervalued
MEDALLION FINANCIAL CORP
Price$12.05
Model IV$33.04
P/IV0.29
Discount 64%
Return to IV: +174.2%
Market implies -22.1%/yr
vs model -1.0% · below model
MGLD
Deeply overvalued
Marygold Companies, Inc.
Price$2.00
Model IV$0.17
P/IV5.82
Premium +1,112%
Return to IV: -91.8%
Market implies +35.7%/yr
vs model +2.0% · above model
MI
Overvalued
NFT Ltd
Price$0.89
Model IV$0.76
P/IV3.18
Premium +18%
Return to IV: -15.2%
Market implies +0.4%/yr
vs model +15.0% · below model
MSTR
Valuation N/A
Strategy Inc
Price$151.47
Model IV—
P/IV—
Market implies +78.4%/yr
vs model +2.0% · above model
NAKA
Valuation N/A
Nakamoto Inc.
Price$8.93
Model IV—
P/IV—
Market implies +128.3%/yr
vs model +2.0% · above model
NCPL
Valuation N/A
Netcapital Inc.
Price$1.31
Model IV—
P/IV—
Market implies +57.4%/yr
vs model +2.0% · above model
NCPLW
Valuation N/A
Netcapital Inc.
Price$0.03
Model IV—
P/IV—
Market implies +0.0%/yr
vs model +2.0% · in line
NCTY
Valuation N/A
The9 LTD
Price$3.47
Model IV—
P/IV—
Market implies +113.6%/yr
vs model +2.0% · above model
NU
Valuation N/A
Nu Holdings Ltd.
Price$15.38
Model IV—
P/IV—
Limited data — see page
OPFI
Deeply undervalued
OppFi Inc.
Price$6.09
Model IV$34.20
P/IV0.18
Discount 82%
Return to IV: +461.5%
Market implies -21.3%/yr
vs model +8.5% · below model
OPRT
Fairly valued
Oportun Financial Corp
Price$8.66
Model IV$8.87
P/IV0.96
Discount 2%
Return to IV: +2.5%
Market implies +5.9%/yr
vs model +9.0% · below model
ORIO
Deeply undervalued
Orion Digital Corp.
Price$1.01
Model IV$1.59
P/IV0.65
Discount 36%
Return to IV: +57.4%
Market implies -9.8%/yr
vs model +12.0% · below model
PAPL
Valuation N/A
Pineapple Financial Inc.
Price$0.82
Model IV—
P/IV—
Market implies +16.8%/yr
PGY
Deeply undervalued
Pagaya Technologies Ltd.
Price$18.26
Model IV$40.83
P/IV0.37
Discount 55%
Return to IV: +123.6%
Market implies +4.4%/yr
vs model +23.2% · below model
PURR
Valuation N/A
Hyperliquid Strategies Inc
Price$11.30
Model IV—
P/IV—
Market implies +97.9%/yr
PWP
Deeply overvalued
Perella Weinberg Partners
Price$15.20
Model IV$3.19
P/IV4.20
Premium +377%
Return to IV: -79.0%
Market implies +24.8%/yr
vs model +2.0% · above model
QFIN
Valuation N/A
Qfin Holdings, Inc.
Price$6.10
Model IV—
P/IV—
Market implies -50.0%/yr
RHLD
Valuation N/A
Resolute Holdings Management, Inc.
Price$116.19
Model IV—
P/IV—
Market implies +25.4%/yr
RIOT
Valuation N/A
Riot Platforms, Inc.
Price$16.84
Model IV—
P/IV—
Market implies +46.6%/yr
vs model +32.0% · above model