Is CDXS or IFF more undervalued in 2026?

CirclFi compares Codexis, Inc. (CDXS) and International Flavors & Fragran (IFF) using 13 institutional-grade valuation models. CDXS has a Quality of Company score of 6.1/10 while IFF scores 6.8/10.

Which is a better buy — CDXS or IFF?

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 CDXS and IFF valuations compare?

CDXS at $2.77 and IFF at $76.05 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CDXS vs IFF Valuation Comparison 2026 — Intrinsic Value Analysis

CDXS

Industrial Organic Chemicals

Codexis, Inc.

Quality

6.1

out of 10

Value Trap

SAFE

Price

$2.77

Last close

Models

11/13

Active

IFF

Industrial Organic Chemicals

International Flavors & Fragran

Quality

6.8

out of 10

Value Trap

SAFE

Price

$76.05

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	CDXS Fair Value	CDXS Upside	IFF Fair Value	IFF Upside
Bayesian DCF	Intrinsic	$0.35	-87.5%	$46.31	-39.1%
Earnings Power Value	Intrinsic	$0.90	-66.4%	$81.64	+7.3%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
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	$•••.••	••.•%	$•••.••	••.•%

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CDXS vs IFF — Which Stock Is More Undervalued?

IFF scores higher with a 6.8/10 quality rating vs CDXS's 6.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Codexis, Inc. (CDXS) and International Flavors & Fragran (IFF) 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.

CDXS currently trades at $2.77 with a QOC of 6.1/10, while IFF trades at $76.05 with a QOC of 6.8/10.

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).