Is CLSK or CSHR more undervalued in 2026?

CirclFi compares CleanSpark, Inc. (CLSK) and CoinShares PLC (CSHR) using 13 institutional-grade valuation models. CLSK has a Quality of Company score of 7.3/10 while CSHR scores 3.1/10.

Which is a better buy — CLSK or CSHR?

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 CLSK and CSHR valuations compare?

CLSK at $18.14 and CSHR at $4.80 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

CLSK vs CSHR Valuation Comparison 2026 — Intrinsic Value Analysis

CLSK

Capital Markets

CleanSpark, Inc.

Quality

7.3

out of 10

Value Trap

LOW

Price

$18.14

Last close

Models

13/13

Active

CSHR

Capital Markets

CoinShares PLC

Quality

3.1

out of 10

Value Trap

—

Price

$4.80

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	CLSK Fair Value	CLSK Upside	CSHR Fair Value	CSHR Upside
Bayesian DCF	Intrinsic	$2.42	-86.7%	—	—
Earnings Power Value	Intrinsic	$22.90	+26.3%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$19.01	+4.8%	$2.31	-51.8%
Regime Cross-Sectional	Relative	$19.82	+9.3%	$5.51	-11.2%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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CLSK vs CSHR — Which Stock Is More Undervalued?

CLSK scores higher with a 7.3/10 quality rating vs CSHR's 3.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing CleanSpark, Inc. (CLSK) and CoinShares PLC (CSHR) 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.

CLSK currently trades at $18.14 with a QOC of 7.3/10, while CSHR trades at $4.80 with a QOC of 3.1/10.

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).