Is IXHL or JAGX more undervalued in 2026?

CirclFi compares Incannex Healthcare Inc. (IXHL) and Jaguar Health, Inc. (JAGX) using 13 institutional-grade valuation models. IXHL has a Quality of Company score of 5.3/10 while JAGX scores 4.2/10.

Which is a better buy — IXHL or JAGX?

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 IXHL and JAGX valuations compare?

IXHL at $3.35 and JAGX at $3.55 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

IXHL vs JAGX Valuation Comparison 2026 — Intrinsic Value Analysis

IXHL

Pharmaceutical Preparations

Incannex Healthcare Inc.

Quality

5.3

out of 10

Value Trap

SAFE

Price

$3.35

Last close

Models

9/13

Active

JAGX

Pharmaceutical Preparations

Jaguar Health, Inc.

Quality

4.2

out of 10

Value Trap

WARN

Price

$3.55

Last close

Models

4/13

Active

Model-by-Model Comparison

Model	Type	IXHL Fair Value	IXHL Upside	JAGX Fair Value	JAGX Upside
Bayesian DCF	Intrinsic	$4.37	+30.4%	—	—
First Chicago	Scenario	$5.42	+49.0%	$4.44	+27.9%
ML-RIV	Intrinsic	$2.50	-25.3%	$0.66	-90.2%
Dynamic NAV	Asset-Based	$6.70	+100.1%	—	—
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for IXHL vs JAGX — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

IXHL vs JAGX — Which Stock Is More Undervalued?

IXHL scores higher with a 5.3/10 quality rating vs JAGX's 4.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Incannex Healthcare Inc. (IXHL) and Jaguar Health, Inc. (JAGX) 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.

IXHL currently trades at $3.35 with a QOC of 5.3/10, while JAGX trades at $3.55 with a QOC of 4.2/10.

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).