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Verdict

Deep Undervalued

Every analyzed stock in Deep Undervalued — 1,156 companies. Each card shows price, our model's intrinsic value (IV), and how far price sits above or below it. Click any card for the full analysis. This is a research-triage view, not a buy/sell signal.

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.
"Deep Undervalued" by: Model value (price vs DCF) Owner-earnings return (equity bond)

This lens: price against our probability-weighted DCF value (P/IV). Its own forward record began accruing on 2026-09-10 (daily snapshots); until a year of it exists, the panel below tests the nearest cousin we can measure point-in-time — cheap on book value — and says so.

Market state today: Calm — the S&P 500 closed 3.1% below its 1-year high (as of 2026-09-16). Our rule, the same one used to split every backtest on this site: sell-off = 10% or more below the 1-year high, borderline from 5%, calm otherwise. A further 7.2% fall from here would put us in a sell-off. Since 2006 the market has been in a sell-off 16.6% of the time, across 13 episodes (red bands).
2007200920112013201520172019202120232025
S&P 500 (SPY, adjusted) distance from its trailing 1-year high, weekly. Amber band: borderline (−5% to −10%). Red band: sell-off (below −10%). The dot is today. History to 2026-08-19 from the research database; today from the live feed.
Backtest · point in time · 8,702 entries in the study

Does this screen work? The record for exactly these filters

Screen tested: Proxy: price-to-book ≤ 0.8 (our deep-undervalued band has no point-in-time history yet) · bought the day of the annual report, held 12 months
Robust Buy every company that met this screen on the day it filed its annual report, hold 12 months: on average it beat the S&P 500 by +23.6 pts (608 entries, 188 companies, very unlikely to be luck). 57% of entries beat the S&P; 30% beat it by 30 points or more; 25% trailed it by 20 points or more. Owning everything instead averaged +1.7 pts, so the screen's edge is +21.9 pts.
+23.6 ptsvs S&P, average
57%beat the S&P
30%up 30+ pts vs S&P
25%down 20+ pts vs S&P
+24.1 ptsvs small caps, 12 mo
−16.1 pts 2023worst year to buy ?
6.0luck check ?
Does the holding period matter?3 mo: +4.9 pts 52% beat6 mo: +9.1 pts 54% beat12 mo: +23.6 pts 57% beat24 mo: +35.1 pts 52% beat3 yr, per yr: +6.5 pts 46% beat
Market state at entryCompany-yearsvs S&P 12 movs small caps
Calm ◀ today522+15.2 pts t 5.1+16.9 pts
Sell-off (S&P ≥10% off high)86+74.7 pts t 3.7+67.9 pts
Sector (SEC group)nvs S&P 12 mo3 yrs / yr
Industrials & manufacturing195+23.5 pts t 4.1+3.4 pts
Other64+13.8 pts t 2.0+9.3 pts
Tech hardware & semis54+14.9 pts t 1.1+2.6 pts
Energy51+27.4 pts t 2.0+4.8 pts
Retail & consumer33+33.7 pts t 2.2+21.4 pts
Services33+13.4 pts t 2.1+18.5 pts
Construction28+19.9 pts t 2.0+3.7 pts
Finance & real estate28+4.9 pts t 0.7+3.1 pts

Holds up out of sample? Before 2018: +17.1 pts (n 274, t 5.9). From 2018: +29.0 pts (n 334, t 4.3). Same sign in both halves.

Year2010201120122013201420152016201720182019202020212022202320242025
vs S&P+8 pts+4 pts+16 pts+28 pts+12 pts+2 pts+28 pts+22 pts−2 pts−12 pts+119 pts+18 pts+26 pts−16 pts−0 pts+36 pts
n9245638293651312743672630454650

Read the research behind this screen: Price-to-book still sorts, across all sizes → · Test your own combination in the Screen Lab →

Our model values are recomputed daily but were never stored historically, so this band cannot be backtested honestly yet. Daily snapshots began 2026-09-10; a true record accrues from there. Until then the nearest tested cousin is shown — cheap on book value — and labelled as a proxy. Point-in-time: each entry is one company bought at the first close after its 10-K filing date, using only filings available that day, held 12 months; result = total return minus SPY over the same months (vs IWM for 12 months; 3-yr annualised). Survivorship-tilted universe; no costs; read spreads, not levels. Educational, hypothetical, before costs.

Sort by: A–Z Riskiest Most overvalued Most shorted Buyers' strike Largest
DPZ
DOMINOS PIZZA INC
Deeply undervalued
Consumer Defensive Risk 32 · Moderate
Price$323.77
Model IV$662.56
P/IV0.47
Discount 51% Return to IV: +104.6%
Market implies -2.4%/yr vs model +7.6% · below model
DRI
DARDEN RESTAURANTS INC
Deeply undervalued
Consumer Cyclical Risk 36 · Moderate
Price$209.89
Model IV$315.97
P/IV0.65
Discount 34% Return to IV: +50.5%
Market implies +6.1%/yr vs model +14.7% · below model
DSGR
Distribution Solutions Group, Inc.
Deeply undervalued
Industrials Risk 31 · Moderate
Price$34.75
Model IV$42.64
P/IV0.63
Discount 19% Return to IV: +22.7%
Market implies +15.1%/yr vs model +25.0% · below model
DSX
DIANA SHIPPING INC.
Deeply undervalued
Industrials Risk 33 · Moderate
Price$2.97
Model IV$4.90
P/IV0.48
Discount 39% Return to IV: +64.8%
Market implies -7.5%/yr vs model +3.0% · below model
DTB
DTE ENERGY CO
Deeply undervalued
Utilities Risk 35 · Moderate
Price$15.70
Model IV$91.72
P/IV0.18
Discount 83% Return to IV: +484.2%
DTK
DTE ENERGY CO
Deeply undervalued
Utilities Risk 42 · Elevated
Price$22.10
Model IV$91.72
P/IV0.45
Discount 76% Return to IV: +315.0%
DTW
DTE ENERGY CO
Deeply undervalued
Utilities Risk 38 · Moderate
Price$19.15
Model IV$91.72
P/IV0.23
Discount 79% Return to IV: +379.0%
DUOL
Duolingo, Inc.
Deeply undervalued
Technology Risk 35 · Moderate
Price$151.14
Model IV$241.89
P/IV0.46
Discount 38% Return to IV: +60.0%
Market implies +13.5%/yr vs model +25.0% · below model
DV
DoubleVerify Holdings, Inc.
Deeply undervalued
Technology Risk 26 · Moderate
Price$13.41
Model IV$14.84
P/IV0.65
Discount 10% Return to IV: +10.7%
Market implies +12.4%/yr vs model +19.3% · below model
DVA
DAVITA INC.
Deeply undervalued
Healthcare Risk 39 · Moderate
Price$181.55
Model IV$590.72
P/IV0.33
Discount 69% Return to IV: +225.4%
Market implies -6.6%/yr vs model +9.9% · below model
DVLT
Datavault AI Inc.
Deeply undervalued
Technology Risk 37 · Moderate
Price$0.19
Model IV$0.93
P/IV0.54
Discount 79% Return to IV: +378.1%
Market implies -23.4%/yr vs model +50.0% · below model
DVN
DEVON ENERGY CORP/DE
Deeply undervalued
Energy Risk 39 · Moderate
Price$50.23
Model IV$107.75
P/IV0.41
Discount 53% Return to IV: +114.5%
Market implies -5.7%/yr vs model +4.8% · below model
DX
DYNEX CAPITAL INC
Deeply undervalued
Financial Services Risk 31 · Moderate
Price$12.52
Model IV$43.50
P/IV0.30
Discount 71% Return to IV: +247.4%
DXC
DXC Technology Co
Deeply undervalued
Technology Risk 40 · Elevated
Price$12.12
Model IV$68.35
P/IV0.15
Discount 82% Return to IV: +463.9%
Market implies -26.9%/yr vs model +3.3% · below model
DXLG
DESTINATION XL GROUP, INC.
Valuation N/A
Consumer Cyclical Risk 46 · Elevated
Price$0.64
Model IV—
P/IV—
Market implies -24.2%/yr vs model +2.0% · below model
EA
ELECTRONIC ARTS INC.
Deeply undervalued
Technology Risk 35 · Moderate
Price$209.70
Model IV$214.75
P/IV0.62
Discount 2% Return to IV: +2.4%
Market implies +6.3%/yr vs model +7.9% · in line
EARN
Ellington Credit Co
Deeply undervalued
Financial Services Risk 35 · Moderate
Price$4.32
Model IV$16.97
P/IV0.28
Discount 75% Return to IV: +292.7%
EBS
Emergent BioSolutions Inc.
Deeply undervalued
Healthcare Risk 46 · Elevated
Price$6.38
Model IV$22.34
P/IV0.41
Discount 71% Return to IV: +250.1%
Market implies -21.2%/yr vs model +2.0% · below model
ECX
ECARX Holdings Inc.
Deeply undervalued
Technology Risk 34 · Moderate
Price$1.07
Model IV$4.80
P/IV0.25
Discount 78% Return to IV: +348.5%
Market implies -27.0%/yr vs model +15.0% · below model
EDHL
Everbright Digital Holding Ltd.
Deeply undervalued
Technology Risk 32 · Moderate
Price$4.42
Model IV$6.08
P/IV0.48
Discount 27% Return to IV: +37.4%
Market implies -12.8%/yr vs model +31.7% · below model
EDRY
EuroDry Ltd.
Deeply undervalued
Industrials Risk 41 · Elevated
Price$67.12
Model IV$78.91
P/IV0.29
Discount 15% Return to IV: +17.6%
Market implies +2.2%/yr vs model +8.0% · below model
EDUC
EDUCATIONAL DEVELOPMENT CORP
Deeply undervalued
Consumer Defensive Risk 32 · Moderate
Price$1.31
Model IV$2.78
P/IV0.52
Discount 53% Return to IV: +112.4%
Market implies -9.2%/yr vs model +5.0% · below model
EFOR
Everforth Inc
Deeply undervalued
Technology Risk 40 · Elevated
Price$31.47
Model IV$85.25
P/IV0.27
Discount 63% Return to IV: +170.9%
Market implies -9.3%/yr vs model +7.5% · below model
EFSCP
ENTERPRISE FINANCIAL SERVICES CORP
Deeply undervalued
Financial Services Risk 27 · Moderate
Price$17.59
Model IV$60.73
P/IV0.33
Discount 71% Return to IV: +245.2%
EGY
VAALCO ENERGY INC /DE/
Deeply undervalued
Energy Risk 36 · Moderate
Price$6.32
Model IV$25.19
P/IV0.21
Discount 75% Return to IV: +298.6%
Market implies -12.5%/yr vs model +8.0% · below model
EHTH
eHealth, Inc.
Valuation N/A
Financial Services Risk 39 · Moderate
Price$0.93
Model IV—
P/IV—
Market implies -36.7%/yr vs model +2.0% · below model
EIX
EDISON INTERNATIONAL
Deeply undervalued
Utilities Risk 43 · Elevated
Price$56.00
Model IV$109.77
P/IV0.64
Discount 49% Return to IV: +96.0%
EJH
E-Home Household Service Holdings Ltd
Valuation N/A
Industrials Risk 39 · Moderate
Price$1.22
Model IV—
P/IV—
Market implies -50.0%/yr vs model +2.0% · below model
ELME
Elme Communities
Deeply undervalued
Financial Services Risk 38 · Moderate
Price$1.66
Model IV$8.59
P/IV0.24
Discount 81% Return to IV: +417.7%
ELTK
ELTEK LTD
Deeply undervalued
Technology Risk 31 · Moderate
Price$8.15
Model IV$24.91
P/IV0.37
Discount 67% Return to IV: +205.7%
Market implies -24.8%/yr vs model +11.2% · below model
ELWT
Elauwit Connection, Inc.
Deeply undervalued
Communication Services Risk 25 · Moderate
Price$7.40
Model IV$56.38
P/IV0.13
Discount 87% Return to IV: +662.0%
Market implies -45.7%/yr vs model +50.0% · below model
EMBC
Embecta Corp.
Deeply undervalued
Healthcare Risk 34 · Moderate
Price$4.94
Model IV$34.60
P/IV0.10
Discount 86% Return to IV: +600.5%
Market implies -30.4%/yr vs model +3.0% · below model
ENOV
Enovis CORP
Deeply undervalued
Healthcare Risk 29 · Moderate
Price$19.28
Model IV$54.70
P/IV0.41
Discount 65% Return to IV: +183.7%
Market implies -16.6%/yr vs model +12.1% · below model
ENR
ENERGIZER HOLDINGS, INC.
Deeply undervalued
Technology Risk 47 · Elevated
Price$20.58
Model IV$35.57
P/IV0.51
Discount 42% Return to IV: +72.8%
Market implies -6.3%/yr vs model +3.2% · below model
ENSC
Ensysce Biosciences, Inc.
Deeply undervalued
Healthcare Risk 26 · Moderate
Price$0.48
Model IV$2.69
P/IV0.10
Discount 82% Return to IV: +459.3%
Market implies -39.1%/yr vs model +9.5% · below model
ENSG
ENSIGN GROUP, INC
Deeply undervalued
Healthcare Risk 30 · Moderate
Price$172.75
Model IV$459.50
P/IV0.36
Discount 62% Return to IV: +166.0%
Market implies -0.3%/yr vs model +15.4% · below model
ENVA
Enova International, Inc.
Deeply undervalued
Financial Services Risk 41 · Elevated
Price$173.61
Model IV$1,920.87
P/IV0.08
Discount 91% Return to IV: +1,006.4%
Market implies -17.4%/yr vs model +25.0% · below model
EOG
EOG RESOURCES INC
Deeply undervalued
Energy Risk 33 · Moderate
Price$147.36
Model IV$366.40
P/IV0.36
Discount 60% Return to IV: +148.6%
Market implies -7.7%/yr vs model +4.7% · below model
EOLS
Evolus, Inc.
Deeply undervalued
Healthcare Risk 51 · Elevated
Price$7.84
Model IV$12.33
P/IV0.53
Discount 36% Return to IV: +57.3%
Market implies -8.2%/yr vs model +31.4% · below model
EONR
EON Resources Inc.
Deeply undervalued
Energy Risk 41 · Elevated
Price$0.62
Model IV$7.15
P/IV0.08
Discount 91% Return to IV: +1,059.6%
Market implies -50.0%/yr vs model +0.0% · below model
EPAM
EPAM Systems, Inc.
Undervalued
Technology Risk 30 · Moderate
Price$123.61
Model IV$170.49
P/IV0.60
Discount 27% Return to IV: +37.9%
Market implies +4.9%/yr vs model +11.7% · below model
EPM
EVOLUTION PETROLEUM CORP
Deeply undervalued
Energy Risk 41 · Elevated
Price$3.72
Model IV$18.45
P/IV0.23
Discount 80% Return to IV: +395.8%
Market implies -16.8%/yr vs model +8.0% · below model
EPR
EPR PROPERTIES
Deeply undervalued
Financial Services Risk 42 · Elevated
Price$58.81
Model IV$100.32
P/IV0.57
Discount 41% Return to IV: +70.6%
EPSN
Epsilon Energy Ltd.
Deeply undervalued
Energy Risk 34 · Moderate
Price$6.27
Model IV$13.35
P/IV0.42
Discount 53% Return to IV: +113.0%
Market implies -7.8%/yr vs model +4.7% · below model
EQPT
EquipmentShare.com Inc
Deeply undervalued
Technology Risk 33 · Moderate
Price$18.02
Model IV$42.24
P/IV0.49
Discount 57% Return to IV: +134.4%
Market implies +6.0%/yr vs model +25.0% · below model
ES
EVERSOURCE ENERGY
Deeply undervalued
Utilities Risk 38 · Moderate
Price$68.52
Model IV$102.18
P/IV0.67
Discount 33% Return to IV: +49.1%
ESEA
EUROSEAS LTD.
Deeply undervalued
Industrials Risk 36 · Moderate
Price$74.56
Model IV$533.75
P/IV0.12
Discount 86% Return to IV: +615.9%
Market implies -15.6%/yr vs model +19.2% · below model
ESNT
Essent Group Ltd.
Deeply undervalued
Financial Services Risk 37 · Moderate
Price$68.18
Model IV$93.68
P/IV0.62
Discount 27% Return to IV: +37.4%
ESOA
Energy Services of America CORP
Deeply undervalued
Industrials Risk 33 · Moderate
Price$11.38
Model IV$53.95
P/IV0.28
Discount 79% Return to IV: +374.1%
Market implies -29.0%/yr vs model +35.4% · below model
ESP
ESPEY MFG & ELECTRONICS CORP
Deeply undervalued
Technology Risk 35 · Moderate
Price$63.69
Model IV$134.21
P/IV0.43
Discount 53% Return to IV: +110.7%
Market implies -2.7%/yr vs model +12.0% · below model
ESPR
Esperion Therapeutics, Inc.
Deeply undervalued
Healthcare Risk 28 · Moderate
Price$3.18
Model IV$8.40
P/IV0.37
Discount 62% Return to IV: +164.1%
Market implies -12.4%/yr vs model +50.0% · below model
EVER
EverQuote, Inc.
Deeply undervalued
Technology Risk 36 · Moderate
Price$23.98
Model IV$34.74
P/IV0.55
Discount 31% Return to IV: +44.9%
Market implies +4.1%/yr vs model +13.0% · below model
EVGO
EVgo Inc.
Deeply undervalued
Industrials Risk 41 · Elevated
Price$1.45
Model IV$3.73
P/IV0.60
Discount 61% Return to IV: +157.2%
Market implies -9.8%/yr vs model +50.0% · below model
EVH
Evolent Health, Inc.
Deeply undervalued
Industrials Risk 40 · Elevated
Price$4.10
Model IV$35.54
P/IV0.11
Discount 88% Return to IV: +766.9%
Market implies -44.1%/yr vs model +19.9% · below model
EVTC
EVERTEC, Inc.
Deeply undervalued
Technology Risk 38 · Moderate
Price$29.27
Model IV$80.16
P/IV0.31
Discount 63% Return to IV: +173.9%
Market implies -2.7%/yr vs model +15.1% · below model
EXEL
EXELIXIS, INC.
Deeply undervalued
Healthcare Risk 35 · Moderate
Price$56.12
Model IV$88.60
P/IV0.57
Discount 37% Return to IV: +57.9%
Market implies +5.7%/yr vs model +15.2% · below model
EXFY
Expensify, Inc.
Deeply undervalued
Technology Risk 27 · Moderate
Price$2.16
Model IV$1.90
P/IV0.61
Premium +13% Return to IV: -11.9%
Market implies -1.2%/yr vs model +2.0% · below model
EXLS
ExlService Holdings, Inc.
Deeply undervalued
Technology Risk 27 · Moderate
Price$35.26
Model IV$51.08
P/IV0.57
Discount 31% Return to IV: +44.9%
Market implies +7.9%/yr vs model +16.7% · below model
EXOD
Exodus Movement, Inc.
Deeply undervalued
Financial Services Risk 36 · Moderate
Price$6.01
Model IV$17.35
P/IV0.41
Discount 65% Return to IV: +188.7%
Market implies -13.8%/yr vs model +47.1% · below model
EXPE
Expedia Group, Inc.
Deeply undervalued
Industrials Risk 37 · Moderate
Price$280.83
Model IV$473.64
P/IV0.48
Discount 41% Return to IV: +68.7%
Market implies +4.4%/yr vs model +15.0% · below model