Is ANNX or APLM more undervalued in 2026?

CirclFi compares Annexon, Inc. (ANNX) and Apollomics Inc. (APLM) using 13 institutional-grade valuation models. ANNX has a Quality of Company score of 4.2/10 while APLM scores 1.8/10.

Which is a better buy — ANNX 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 ANNX and APLM valuations compare?

ANNX at $5.37 and APLM at $14.06 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ANNX vs APLM Valuation Comparison 2026 — Intrinsic Value Analysis

ANNX

Biotechnology

Annexon, Inc.

Quality

4.2

out of 10

Value Trap

LOW

Price

$5.37

Last close

Models

7/13

Active

APLM

Biotechnology

Apollomics Inc.

Quality

1.8

out of 10

Value Trap

—

Price

$14.06

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	ANNX Fair Value	ANNX Upside	APLM Fair Value	APLM Upside
Bayesian DCF	Intrinsic	$1.97	-63.4%	$3.72	-73.5%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$2.02	-62.4%	$7.73	-44.5%
PWERM	Option-Based	$5.22	-2.8%	$12.28	-11.9%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%

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ANNX vs APLM — Which Stock Is More Undervalued?

ANNX scores higher with a 4.2/10 quality rating vs APLM's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Annexon, Inc. (ANNX) 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.

ANNX currently trades at $5.37 with a QOC of 4.2/10, while APLM trades at $14.06 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).