Is CECO or FTEK more undervalued in 2026?

CirclFi compares CECO Environmental Corp. (CECO) and Fuel Tech, Inc. (FTEK) using 13 institutional-grade valuation models. CECO has a Quality of Company score of 8.1/10 while FTEK scores 7.9/10.

Which is a better buy — CECO or FTEK?

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 CECO and FTEK valuations compare?

CECO at $74.75 and FTEK at $1.48 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CECO vs FTEK Valuation Comparison 2026 — Intrinsic Value Analysis

CECO

Industrial & Commercial Fans & Blowers & Air Purifing Equip

CECO Environmental Corp.

Quality

8.1

out of 10

Value Trap

SAFE

Price

$74.75

Last close

Models

12/13

Active

FTEK

Industrial & Commercial Fans & Blowers & Air Purifing Equip

Fuel Tech, Inc.

Quality

7.9

out of 10

Value Trap

LOW

Price

$1.48

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	CECO Fair Value	CECO Upside	FTEK Fair Value	FTEK Upside
Bayesian DCF	Intrinsic	$3.33	-95.5%	$0.71	-51.7%
Earnings Power Value	Intrinsic	$4.72	-93.7%	$1.23	-23.8%
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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CECO vs FTEK — Which Stock Is More Undervalued?

CECO scores higher with a 8.1/10 quality rating vs FTEK's 7.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing CECO Environmental Corp. (CECO) and Fuel Tech, Inc. (FTEK) 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.

CECO currently trades at $74.75 with a QOC of 8.1/10, while FTEK trades at $1.48 with a QOC of 7.9/10.

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).