Is FGNX or FMY more undervalued in 2026?

CirclFi compares FG Nexus Inc. (FGNX) and First Trust Motgage Income Fund (FMY) using 13 institutional-grade valuation models. FGNX has a Quality of Company score of 4.5/10 while FMY scores 1.7/10.

Which is a better buy — FGNX or FMY?

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 FGNX and FMY valuations compare?

FGNX at $7.80 and FMY at $11.66 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FGNX vs FMY Valuation Comparison 2026 — Intrinsic Value Analysis

FGNX

Asset Management

FG Nexus Inc.

Quality

4.5

out of 10

Value Trap

LOW

Price

$7.80

Last close

Models

10/13

Active

FMY

Asset Management

First Trust Motgage Income Fund

Quality

1.7

out of 10

Value Trap

—

Price

$11.66

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	FGNX Fair Value	FGNX Upside	FMY Fair Value	FMY Upside
Bayesian DCF	Intrinsic	$0.70	-91.0%	$3.09	-73.5%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$36.48	+367.8%	$8.24	-30.7%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$4.74	-39.2%	$6.44	-44.7%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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FGNX vs FMY — Which Stock Is More Undervalued?

FGNX scores higher with a 4.5/10 quality rating vs FMY's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing FG Nexus Inc. (FGNX) and First Trust Motgage Income Fund (FMY) 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.

FGNX currently trades at $7.80 with a QOC of 4.5/10, while FMY trades at $11.66 with a QOC of 1.7/10.

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).