Is ITW or ZBRA more undervalued in 2026?

CirclFi compares Illinois Tool Works Inc. (ITW) and Zebra Technologies Corporation (ZBRA) using 13 institutional-grade valuation models. ITW has a Quality of Company score of 9.3/10 while ZBRA scores 6.1/10.

Which is a better buy — ITW or ZBRA?

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 ITW and ZBRA valuations compare?

ITW at $247.28 and ZBRA at $243.63 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ITW vs ZBRA Valuation Comparison 2026 — Intrinsic Value Analysis

ITW

General Industrial Machinery & Equipment

Illinois Tool Works Inc.

Quality

9.3

out of 10

Value Trap

—

Price

$247.28

Last close

Models

12/13

Active

ZBRA

General Industrial Machinery & Equipment

Zebra Technologies Corporation

Quality

6.1

out of 10

Value Trap

SAFE

Price

$243.63

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	ITW Fair Value	ITW Upside	ZBRA Fair Value	ZBRA Upside
Bayesian DCF	Intrinsic	$89.32	-63.9%	$15.42	-93.7%
Earnings Power Value	Intrinsic	$97.10	-60.7%	$69.32	-71.5%
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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ITW vs ZBRA — Which Stock Is More Undervalued?

ITW scores higher with a 9.3/10 quality rating vs ZBRA's 6.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Illinois Tool Works Inc. (ITW) and Zebra Technologies Corporation (ZBRA) 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.

ITW currently trades at $247.28 with a QOC of 9.3/10, while ZBRA trades at $243.63 with a QOC of 6.1/10.

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).