Is CAST or NMAX more undervalued in 2026?

CirclFi compares FreeCast, Inc. (CAST) and Newsmax, Inc. (NMAX) using 13 institutional-grade valuation models. CAST has a Quality of Company score of 1.7/10 while NMAX scores 5.3/10.

Which is a better buy — CAST or NMAX?

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 CAST and NMAX valuations compare?

CAST at $0.82 and NMAX at $8.74 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CAST vs NMAX Valuation Comparison 2026 — Intrinsic Value Analysis

CAST

Broadcasting

FreeCast, Inc.

Quality

1.7

out of 10

Value Trap

—

Price

$0.82

Last close

Models

8/13

Active

NMAX

Broadcasting

Newsmax, Inc.

Quality

5.3

out of 10

Value Trap

—

Price

$8.74

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	CAST Fair Value	CAST Upside	NMAX Fair Value	NMAX Upside
Bayesian DCF	Intrinsic	$0.22	-73.5%	$2.00	-77.1%
Earnings Power Value	Intrinsic	—	—	$1.77	-72.2%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$1.46	+95.4%	$8.49	-2.8%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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CAST vs NMAX — Which Stock Is More Undervalued?

NMAX scores higher with a 5.3/10 quality rating vs CAST's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing FreeCast, Inc. (CAST) and Newsmax, Inc. (NMAX) 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.

CAST currently trades at $0.82 with a QOC of 1.7/10, while NMAX trades at $8.74 with a QOC of 5.3/10.

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).