Is ANL or APLM more undervalued in 2026?

CirclFi compares Adlai Nortye Ltd. (ANL) and Apollomics Inc. (APLM) using 13 institutional-grade valuation models. ANL has a Quality of Company score of 1.5/10 while APLM scores 1.8/10.

Which is a better buy — ANL or APLM?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do ANL and APLM valuations compare?

ANL at $11.94 and APLM at $14.15 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ANL vs APLM Valuation Comparison 2026 — Intrinsic Value Analysis

ANL

Pharmaceutical Preparations

Adlai Nortye Ltd.

Quality

1.5

out of 10

Value Trap

SAFE

Price

$11.94

Last close

Models

9/13

Active

APLM

Pharmaceutical Preparations

Apollomics Inc.

Quality

1.8

out of 10

Value Trap

—

Price

$14.15

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	ANL Fair Value	ANL Upside	APLM Fair Value	APLM Upside
Bayesian DCF	Intrinsic	$3.00	-74.8%	$3.73	-73.6%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$20.40	+70.9%	$12.28	-13.2%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$7.86	-49.3%	—	—

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ANL vs APLM — Which Stock Is More Undervalued?

APLM scores higher with a 1.8/10 quality rating vs ANL's 1.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Adlai Nortye Ltd. (ANL) and Apollomics Inc. (APLM) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

ANL currently trades at $11.94 with a QOC of 1.5/10, while APLM trades at $14.15 with a QOC of 1.8/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).