Is ANTX or APVO more undervalued in 2026?

CirclFi compares AN2 Therapeutics, Inc. (ANTX) and Aptevo Therapeutics Inc. (APVO) using 13 institutional-grade valuation models. ANTX has a Quality of Company score of 4.3/10 while APVO scores 4.2/10.

Which is a better buy — ANTX or APVO?

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 ANTX and APVO valuations compare?

ANTX at $4.33 and APVO at $4.91 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ANTX vs APVO Valuation Comparison 2026 — Intrinsic Value Analysis

ANTX

Pharmaceutical Preparations

AN2 Therapeutics, Inc.

Quality

4.3

out of 10

Value Trap

SAFE

Price

$4.33

Last close

Models

7/13

Active

APVO

Pharmaceutical Preparations

Aptevo Therapeutics Inc.

Quality

4.2

out of 10

Value Trap

SAFE

Price

$4.91

Last close

Models

6/13

Active

Model-by-Model Comparison

Model	Type	ANTX Fair Value	ANTX Upside	APVO Fair Value	APVO Upside
Bayesian DCF	Intrinsic	$2.08	-52.0%	$6.09	+24.1%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$0.39	-91.1%	$0.36	-92.6%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%

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ANTX vs APVO — Which Stock Is More Undervalued?

ANTX scores higher with a 4.3/10 quality rating vs APVO's 4.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing AN2 Therapeutics, Inc. (ANTX) and Aptevo Therapeutics Inc. (APVO) 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.

ANTX currently trades at $4.33 with a QOC of 4.3/10, while APVO trades at $4.91 with a QOC of 4.2/10.

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).