BYRN vs DFSC

Byrna Technologies, Inc. vs DEFSEC Technologies Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — BYRN scores higher on quality with 8.2/10 vs DFSC's 5.6/10. BYRN trades at $6.22 while DFSC trades at $4.21. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BYRN

Aerospace & Defense
Byrna Technologies, Inc.
Quality
8.2
out of 10
Value Trap
12
SAFE
Price
$6.22
Last close
Models
12/13
Active
VS

DFSC

Aerospace & Defense
DEFSEC Technologies Inc.
Quality
5.6
out of 10
Value Trap
18
SAFE
Price
$4.21
Last close
Models
10/13
Active
BYRN
Quality Score 8.2/10 — top tier
Limited to 2/13 visible models
DFSC
Earnings Power Value sees +47.4% upside
Limited to 2/13 visible models

BYRN vs DFSC — Fair Value Comparison

BYRN
$0$2$5$7 Price$6.22 Bayesian …$1.79 (-71.3%) Earnings …$5.29 (-14.9%)
DFSC
$0$2$3$5 Price$4.21 Bayesian …$0.62 (-85.2%) Earnings …$4.35 (+47.4%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BYRN Fair ValueBYRN Upside DFSC Fair ValueDFSC Upside
Bayesian DCF Intrinsic $1.79 -71.3% $0.62 -85.2%
Earnings Power Value Intrinsic $5.29 -14.9% $4.35 +47.4%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BYRN vs DFSC — Which Stock Is More Undervalued in 2026?

BYRN scores higher with a 8.2/10 quality rating vs DFSC's 5.6/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BYRN and DFSC Valuations Compare?

At $6.22, BYRN trades +71.3% above its Bayesian DCF fair value of $1.79, while DFSC at $4.21 trades +85.2% above its estimate of $0.62. DFSC shows a wider gap between price and intrinsic value.

Quality of Company: BYRN vs DFSC

BYRN earns a Quality of Company score of 8.2/10 compared to DFSC's 5.6/10. This moderate difference suggests one company has an edge in fundamental quality, though both may offer investment merit depending on valuation. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BYRN vs DFSC

BYRN carries a SAFE value trap risk (12/100) while DFSC shows SAFE risk (18/100). Both companies show manageable value trap risk, suggesting their current valuations are not artificially depressed by fundamental deterioration.

Both in Aerospace & Defense

Both BYRN and DFSC operate in Aerospace & Defense, which has 77 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. 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), and ensemble methods (CUCE).

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