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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
HHS
HARTE HANKS INC
Deeply undervalued
Technology Risk 34 · Moderate
Price$4.30
Model IV$29.79
P/IV0.08
Discount 86% Return to IV: +592.8%
Market implies -44.1%/yr vs model +2.0% · below model
HIMS
Hims & Hers Health, Inc.
Deeply undervalued
Healthcare Risk 39 · Moderate
Price$27.51
Model IV$39.25
P/IV0.67
Discount 30% Return to IV: +42.7%
Market implies +0.6%/yr vs model +50.0% · below model
HKD
AMTD Digital Inc.
Deeply undervalued
Financial Services Risk 31 · Moderate
Price$1.69
Model IV$3.43
P/IV0.53
Discount 51% Return to IV: +103.2%
Market implies +3.7%/yr vs model +20.3% · below model
HLF
HERBALIFE LTD.
Deeply undervalued
Consumer Defensive Risk 35 · Moderate
Price$12.02
Model IV$22.26
P/IV0.43
Discount 46% Return to IV: +85.2%
Market implies -7.6%/yr vs model +3.1% · below model
HLX
HELIX ENERGY SOLUTIONS GROUP INC
Undervalued
Energy Risk 40 · Elevated
Price$10.60
Model IV$14.68
P/IV0.64
Discount 28% Return to IV: +38.5%
Market implies +1.1%/yr vs model +8.0% · below model
HMR
Heidmar Maritime Holdings Corp.
Deeply undervalued
Industrials Risk 40 · Elevated
Price$1.43
Model IV$4.09
P/IV0.30
Discount 65% Return to IV: +185.9%
Market implies -2.7%/yr vs model +17.9% · below model
HNI
HNI CORP
Undervalued
Consumer Cyclical Risk 38 · Moderate
Price$45.93
Model IV$61.06
P/IV0.51
Discount 25% Return to IV: +32.9%
Market implies +1.8%/yr vs model +6.8% · below model
HNNA
HENNESSY ADVISORS INC
Deeply undervalued
Financial Services Risk 34 · Moderate
Price$10.30
Model IV$24.84
P/IV0.41
Discount 59% Return to IV: +141.1%
Market implies -10.5%/yr vs model +3.8% · below model
HOFT
HOOKER FURNISHINGS Corp
Deeply overvalued
Consumer Cyclical Risk 34 · Moderate
Price$13.94
Model IV$8.39
P/IV0.30
Premium +66% Return to IV: -39.8%
Market implies -4.8%/yr vs model -6.7% · in line
HOG
HARLEY-DAVIDSON, INC.
Deeply undervalued
Consumer Cyclical Risk 37 · Moderate
Price$27.87
Model IV$40.64
P/IV0.60
Discount 31% Return to IV: +45.8%
Market implies -3.2%/yr vs model +2.5% · below model
HOLO
MicroCloud Hologram Inc.
Deeply undervalued
Technology Risk 28 · Moderate
Price$1.59
Model IV$3.64
P/IV0.60
Discount 56% Return to IV: +128.8%
Market implies -17.6%/yr vs model +3.7% · below model
HOVNP
HOVNANIAN ENTERPRISES INC
Valuation N/A
Industrials Risk 54 · Elevated
Price$19.30
Model IV—
P/IV—
Market implies -49.7%/yr vs model +3.0% · below model
HPAI
Helport AI Ltd
Deeply undervalued
Technology Risk 29 · Moderate
Price$0.29
Model IV$6.38
P/IV0.16
Discount 95% Return to IV: +2,071.3%
Market implies -26.6%/yr vs model +25.0% · below model
HPK
HighPeak Energy, Inc.
Deeply undervalued
Energy Risk 43 · Elevated
Price$8.47
Model IV$54.04
P/IV0.13
Discount 84% Return to IV: +538.0%
Market implies -23.3%/yr vs model +8.0% · below model
HPP
Hudson Pacific Properties, Inc.
Deeply undervalued
Real Estate Risk 37 · Moderate
Price$12.23
Model IV$24.90
P/IV0.48
Discount 51% Return to IV: +103.6%
Market implies -8.0%/yr vs model +3.9% · below model
HPQ
HP INC
Deeply undervalued
Technology Risk 38 · Moderate
Price$35.48
Model IV$42.20
P/IV0.64
Discount 16% Return to IV: +18.9%
Market implies +3.4%/yr vs model +7.0% · below model
HR
Healthcare Realty Trust Inc
Deeply undervalued
Financial Services Risk 32 · Moderate
Price$18.90
Model IV$29.52
P/IV0.67
Discount 36% Return to IV: +56.2%
HRB
H&R BLOCK INC
Deeply undervalued
Consumer Cyclical Risk 37 · Moderate
Price$45.74
Model IV$120.18
P/IV0.32
Discount 62% Return to IV: +162.7%
Market implies -5.6%/yr vs model +8.1% · below model
HRI
HERC HOLDINGS INC
Deeply undervalued
Technology Risk 34 · Moderate
Price$140.42
Model IV$851.84
P/IV0.16
Discount 84% Return to IV: +506.6%
Market implies -8.8%/yr vs model +25.0% · below model
HRMY
Harmony Biosciences Holdings, Inc.
Deeply undervalued
Healthcare Risk 34 · Moderate
Price$41.52
Model IV$319.11
P/IV0.10
Discount 87% Return to IV: +668.6%
Market implies -7.8%/yr vs model +23.9% · below model
HRTG
Heritage Insurance Holdings, Inc.
Deeply undervalued
Financial Services Risk 33 · Moderate
Price$34.58
Model IV$36.50
P/IV0.59
Discount 5% Return to IV: +5.6%
HRZN
Horizon Technology Finance Corp
Deeply undervalued
Unknown Risk 46 · Elevated
Price$4.90
Model IV$20.78
P/IV0.21
Discount 76% Return to IV: +324.1%
Market implies -18.1%/yr vs model +6.0% · below model
HSHP
Himalaya Shipping Ltd.
Deeply undervalued
Industrials Risk 43 · Elevated
Price$18.09
Model IV$37.13
P/IV0.40
Discount 51% Return to IV: +105.3%
Market implies +8.2%/yr vs model +25.0% · below model
HSTM
HEALTHSTREAM INC
Undervalued
Technology Risk 30 · Moderate
Price$29.11
Model IV$39.69
P/IV0.63
Discount 27% Return to IV: +36.4%
Market implies +1.4%/yr vs model +7.8% · below model
HSY
HERSHEY CO
Deeply undervalued
Consumer Defensive Risk 26 · Moderate
Price$173.68
Model IV$289.17
P/IV0.67
Discount 40% Return to IV: +66.5%
Market implies -1.0%/yr vs model +6.3% · below model
HTCO
High-Trend International Group
Valuation N/A
Industrials Risk 31 · Moderate
Price$2.48
Model IV—
P/IV—
Market implies -50.0%/yr vs model +15.2% · below model
HTLM
HomesToLife Ltd
Deeply undervalued
Consumer Cyclical Risk 30 · Moderate
Price$1.80
Model IV$8.77
P/IV0.23
Discount 79% Return to IV: +387.3%
Market implies -3.5%/yr vs model +25.0% · below model
HTZ
HERTZ GLOBAL HOLDINGS, INC
Deeply undervalued
Industrials Risk 35 · Moderate
Price$2.04
Model IV$70.17
P/IV0.08
Discount 97% Return to IV: +3,339.6%
Market implies -50.0%/yr vs model +8.3% · below model
HURC
HURCO COMPANIES INC
Deeply undervalued
Healthcare Risk 25 · Moderate
Price$21.79
Model IV$30.74
P/IV0.56
Discount 29% Return to IV: +41.1%
Market implies -4.6%/yr vs model +2.6% · below model
HURN
Huron Consulting Group Inc.
Deeply undervalued
Industrials Risk 34 · Moderate
Price$149.93
Model IV$295.72
P/IV0.36
Discount 49% Return to IV: +97.2%
Market implies +3.5%/yr vs model +17.3% · below model
HUYA
HUYA Inc.
Deeply undervalued
Technology Risk 30 · Moderate
Price$2.04
Model IV$4.49
P/IV0.56
Discount 55% Return to IV: +120.2%
Market implies -12.9%/yr vs model +2.0% · below model
HWCPZ
HANCOCK WHITNEY CORP
Deeply undervalued
Financial Services Risk 27 · Moderate
Price$21.30
Model IV$63.33
P/IV0.35
Discount 66% Return to IV: +197.3%
HYFM
HYDROFARM HOLDINGS GROUP, INC.
Valuation N/A
Consumer Defensive Risk 64 · High
Price$0.98
Model IV—
P/IV—
Market implies -45.7%/yr vs model +2.0% · below model
HZO
MARINEMAX INC
Deeply undervalued
Consumer Cyclical Risk 28 · Moderate
Price$52.21
Model IV$53.23
P/IV0.65
Discount 2% Return to IV: +2.0%
Market implies +2.9%/yr vs model +2.9% · in line
IBKR
Interactive Brokers Group, Inc.
Deeply undervalued
Financial Services Risk 22 · Moderate
Price$91.37
Model IV$299.49
P/IV0.29
Discount 69% Return to IV: +227.8%
Market implies -10.5%/yr vs model +10.6% · below model
ICFI
ICF International, Inc.
Undervalued
Industrials Risk 34 · Moderate
Price$88.29
Model IV$119.29
P/IV0.58
Discount 26% Return to IV: +35.1%
Market implies +0.2%/yr vs model +6.0% · below model
ICLR
ICON PLC
Deeply undervalued
Industrials Risk 32 · Moderate
Price$169.31
Model IV$399.30
P/IV0.34
Discount 58% Return to IV: +135.8%
Market implies +5.7%/yr vs model +23.6% · below model
ICMB
Investcorp Credit Management BDC, Inc.
Deeply undervalued
Unknown Risk 42 · Elevated
Price$0.87
Model IV$5.34
P/IV0.24
Discount 84% Return to IV: +517.3%
Market implies -45.3%/yr vs model -7.2% · below model
IFBD
Infobird Co., Ltd
Deeply undervalued
Technology Risk 37 · Moderate
Price$0.99
Model IV$1.89
P/IV0.48
Discount 48% Return to IV: +90.9%
Market implies -18.8%/yr vs model +2.0% · below model
IGIC
International General Insurance Holdings Ltd.
Deeply undervalued
Financial Services Risk 42 · Elevated
Price$25.99
Model IV$36.36
P/IV0.67
Discount 29% Return to IV: +39.9%
IHRT
iHeartMedia, Inc.
Deeply undervalued
Communication Services Risk 50 · Elevated
Price$2.73
Model IV$6.77
P/IV0.58
Discount 60% Return to IV: +148.0%
Market implies -12.9%/yr vs model +3.9% · below model
IIPR
INNOVATIVE INDUSTRIAL PROPERTIES INC
Deeply undervalued
Real Estate Risk 34 · Moderate
Price$56.25
Model IV$126.33
P/IV0.46
Discount 55% Return to IV: +124.6%
Market implies -6.7%/yr vs model +6.0% · below model
IMCR
Immunocore Holdings plc
Deeply undervalued
Healthcare Risk 28 · Moderate
Price$32.60
Model IV$87.31
P/IV0.33
Discount 63% Return to IV: +167.8%
Market implies -19.3%/yr vs model +50.0% · below model
IMPP
Imperial Petroleum Inc./Marshall Islands
Deeply undervalued
Industrials Risk 30 · Moderate
Price$5.79
Model IV$99.88
P/IV0.05
Discount 94% Return to IV: +1,625.0%
Market implies -23.8%/yr vs model +25.0% · below model
IMPPP
Imperial Petroleum Inc./Marshall Islands
Deeply undervalued
Industrials Risk 39 · Moderate
Price$26.10
Model IV$155.33
P/IV0.17
Discount 83% Return to IV: +495.1%
Market implies -4.8%/yr vs model +25.0% · below model
IMXI
International Money Express, Inc.
Deeply undervalued
Technology Risk 46 · Elevated
Price$14.10
Model IV$55.06
P/IV0.27
Discount 74% Return to IV: +290.5%
Market implies -8.3%/yr vs model +12.7% · below model
INCY
INCYTE CORP
Deeply undervalued
Industrials Risk 34 · Moderate
Price$121.47
Model IV$168.99
P/IV0.57
Discount 28% Return to IV: +39.1%
Market implies +6.9%/yr vs model +14.5% · below model
INEO
INNEOVA Holdings Ltd
Deeply undervalued
Industrials Risk 35 · Moderate
Price$0.55
Model IV$1.99
P/IV0.28
Discount 72% Return to IV: +260.4%
Market implies -19.5%/yr vs model +4.8% · below model
INGN
Inogen Inc
Deeply undervalued
Healthcare Risk 32 · Moderate
Price$5.31
Model IV$9.60
P/IV0.68
Discount 45% Return to IV: +80.7%
Market implies -12.7%/yr vs model +2.0% · below model
INGR
Ingredion Inc
Deeply undervalued
Consumer Defensive Risk 40 · Elevated
Price$100.49
Model IV$209.60
P/IV0.48
Discount 52% Return to IV: +108.6%
Market implies -5.3%/yr vs model +4.0% · below model
INLX
INTELLINETICS, INC.
Deeply undervalued
Technology Risk 31 · Moderate
Price$5.50
Model IV$12.61
P/IV0.50
Discount 56% Return to IV: +129.2%
Market implies -22.8%/yr vs model +9.7% · below model
INM
InMed Pharmaceuticals Inc.
Deeply undervalued
Healthcare Risk 26 · Moderate
Price$1.30
Model IV$11.60
P/IV0.14
Discount 89% Return to IV: +791.9%
Market implies -49.8%/yr vs model +26.9% · below model
INMD
InMode Ltd.
Deeply undervalued
Healthcare Risk 37 · Moderate
Price$14.89
Model IV$21.34
P/IV0.65
Discount 30% Return to IV: +43.3%
Market implies +0.5%/yr vs model +7.6% · below model
INR
INFINITY NATURAL RESOURCES, INC.
Deeply undervalued
Energy Risk 30 · Moderate
Price$14.92
Model IV$59.30
P/IV0.23
Discount 75% Return to IV: +297.4%
Market implies -12.4%/yr vs model +8.0% · below model
INSP
Inspire Medical Systems, Inc.
Deeply undervalued
Healthcare Risk 32 · Moderate
Price$73.00
Model IV$180.13
P/IV0.23
Discount 59% Return to IV: +146.8%
Market implies -16.3%/yr vs model +40.6% · below model
INSW
International Seaways, Inc.
Deeply undervalued
Industrials Risk 42 · Elevated
Price$103.65
Model IV$529.26
P/IV0.15
Discount 80% Return to IV: +410.6%
Market implies -2.4%/yr vs model +24.6% · below model
INUV
Inuvo, Inc.
Deeply undervalued
Technology Risk 35 · Moderate
Price$0.62
Model IV$5.53
P/IV0.29
Discount 89% Return to IV: +793.5%
Market implies -48.4%/yr vs model +9.6% · below model
INVA
Innoviva, Inc.
Deeply undervalued
Healthcare Risk 37 · Moderate
Price$20.66
Model IV$64.08
P/IV0.33
Discount 68% Return to IV: +210.2%
Market implies -9.4%/yr vs model +6.5% · below model
INVH
Invitation Homes Inc.
Deeply undervalued
Real Estate Risk 43 · Elevated
Price$27.54
Model IV$57.71
P/IV0.51
Discount 52% Return to IV: +109.5%
Market implies -3.4%/yr vs model +6.9% · below model
INVX
Innovex International, Inc.
Deeply undervalued
Industrials Risk 33 · Moderate
Price$29.08
Model IV$118.71
P/IV0.23
Discount 76% Return to IV: +308.2%
Market implies -1.5%/yr vs model +24.2% · below model