CSWC vs DFDV

Capital Southwest Corporation vs DeFi Development Corp. — 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 DFDV's 4.7/10. CSWC trades at $23.60 while DFDV trades at $3.29. Both analyzed daily using SEC EDGAR data across 13 institutional models.

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
VS

DFDV

Asset Management
DeFi Development Corp.
Quality
4.7
out of 10
Value Trap
32
LOW
Price
$3.29
Last close
Models
6/13
Active
CSWC
ML-RIV sees +29.9% upside
Value Trap 48/100 — caution
DFDV
PWERM sees +103.2% upside
Quality 4.7/10 — below average

CSWC vs DFDV — Fair Value Comparison

CSWC
$0$12$24$36 Price$23.60 Bayesian …$1.23 (-94.6%) ML-RIV$30.65 (+29.9%)
DFDV
$0$3$5$8 Price$3.29 ML-RIV$3.50 (+6.4%) PWERM$6.68 (+103.2%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType CSWC Fair ValueCSWC Upside DFDV Fair ValueDFDV Upside
Bayesian DCF Intrinsic $1.23 -94.6%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $30.65 +29.9% $3.50 +6.4%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $25.42 +7.7% $6.68 +103.2%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

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

CSWC scores higher with a 5.5/10 quality rating vs DFDV's 4.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do CSWC and DFDV Valuations Compare?

CSWC currently trades at $23.60 while DFDV trades at $3.29. 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 for both companies.

Quality of Company: CSWC vs DFDV

CSWC earns a Quality of Company score of 5.5/10 compared to DFDV's 4.7/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: CSWC vs DFDV

CSWC carries a WARN value trap risk (48/100) while DFDV shows LOW risk (32/100). Stocks with value trap scores above 40 may appear undervalued but face deteriorating fundamentals — declining margins, rising debt, or shrinking revenue can make the apparent discount a trap.

Both in Asset Management

Both CSWC and DFDV 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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