Is IRIX or MASI more undervalued in 2026?

CirclFi compares IRIDEX Corporation (IRIX) and Masimo Corporation (MASI) using 13 institutional-grade valuation models. IRIX has a Quality of Company score of 6.1/10 while MASI scores 7.3/10.

Which is a better buy — IRIX or MASI?

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 IRIX and MASI valuations compare?

IRIX at $1.05 and MASI at $178.45 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

IRIX vs MASI Valuation Comparison 2026 — Intrinsic Value Analysis

IRIX

Electromedical & Electrotherapeutic Apparatus

IRIDEX Corporation

Quality

6.1

out of 10

Value Trap

SAFE

Price

$1.05

Last close

Models

12/13

Active

MASI

Electromedical & Electrotherapeutic Apparatus

Masimo Corporation

Quality

7.3

out of 10

Value Trap

SAFE

Price

$178.45

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	IRIX Fair Value	IRIX Upside	MASI Fair Value	MASI Upside
Bayesian DCF	Intrinsic	$0.22	-79.4%	$35.69	-80.0%
Earnings Power Value	Intrinsic	$2.12	+105.7%	$87.50	-51.0%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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IRIX vs MASI — Which Stock Is More Undervalued?

MASI scores higher with a 7.3/10 quality rating vs IRIX's 6.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing IRIDEX Corporation (IRIX) and Masimo Corporation (MASI) 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.

IRIX currently trades at $1.05 with a QOC of 6.1/10, while MASI trades at $178.45 with a QOC of 7.3/10.

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).