Is CFND or CGBD more undervalued in 2026?

CirclFi compares C1 Fund Inc. (CFND) and Carlyle Secured Lending, Inc. (CGBD) using 13 institutional-grade valuation models. CFND has a Quality of Company score of 1.7/10 while CGBD scores 6.6/10.

Which is a better buy — CFND or CGBD?

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 CFND and CGBD valuations compare?

CFND at $3.53 and CGBD at $10.92 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CFND vs CGBD Valuation Comparison 2026 — Intrinsic Value Analysis

CFND

Asset Management

C1 Fund Inc.

Quality

1.7

out of 10

Value Trap

—

Price

$3.53

Last close

Models

5/13

Active

CGBD

Asset Management

Carlyle Secured Lending, Inc.

Quality

6.6

out of 10

Value Trap

—

Price

$10.92

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	CFND Fair Value	CFND Upside	CGBD Fair Value	CGBD Upside
Bayesian DCF	Intrinsic	$0.93	-73.5%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$4.31	+23.1%	—	—
Markov DDM	Intrinsic	—	—	$15.29	+40.1%
ML-RIV	Intrinsic	$2.65	-24.9%	$22.95	+110.2%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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CFND vs CGBD — Which Stock Is More Undervalued?

CGBD scores higher with a 6.6/10 quality rating vs CFND's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing C1 Fund Inc. (CFND) and Carlyle Secured Lending, Inc. (CGBD) 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.

CFND currently trades at $3.53 with a QOC of 1.7/10, while CGBD trades at $10.92 with a QOC of 6.6/10.

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).