CMU vs CSWC

MFS High Yield Municipal Trust vs Capital Southwest Corporation — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — CSWC scores higher on quality with 5.5/10 vs CMU's 1.7/10. CMU trades at $3.37 while CSWC trades at $23.60. Both analyzed daily using SEC EDGAR data across 13 institutional models.

CMU

Asset Management
MFS High Yield Municipal Trust
Quality
1.7
out of 10
Value Trap
Price
$3.37
Last close
Models
10/13
Active
VS

CSWC

Asset Management
Capital Southwest Corporation
Quality
5.5
out of 10
Value Trap
48
WARN
Price
$23.60
Last close
Models
10/13
Active
CMU
2 models active
Quality 1.7/10 — below average
CSWC
ML-RIV sees +29.9% upside
Value Trap 48/100 — caution

CMU vs CSWC — Fair Value Comparison

CMU
$0$1$3$4 Price$3.37 Bayesian …$0.88 (-74.0%) Markov DDM$1.72 (-49.1%)
CSWC
$0$12$24$36 Price$23.60 Bayesian …$1.23 (-94.6%) ML-RIV$30.65 (+29.9%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType CMU Fair ValueCMU Upside CSWC Fair ValueCSWC Upside
Bayesian DCF Intrinsic $0.88 -74.0% $1.23 -94.6%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $1.72 -49.1%
ML-RIV Intrinsic $5.62 +66.6% $30.65 +29.9%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

CMU vs CSWC — Which Stock Is More Undervalued in 2026?

CSWC scores higher with a 5.5/10 quality rating vs CMU's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do CMU and CSWC Valuations Compare?

At $3.37, CMU trades +74.0% above its Bayesian DCF fair value of $0.88, while CSWC at $23.60 trades +94.6% above its estimate of $1.23. CSWC shows a wider gap between price and intrinsic value.

Quality of Company: CMU vs CSWC

CMU earns a Quality of Company score of 1.7/10 compared to CSWC's 5.5/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: CMU vs CSWC

Review the value trap analysis for both CMU and CSWC to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both CMU and CSWC operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. 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), and ensemble methods (CUCE).

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