Is LTBR or NL more undervalued in 2026?

CirclFi compares Lightbridge Corporation (LTBR) and NL Industries, Inc. (NL) using 13 institutional-grade valuation models. LTBR has a Quality of Company score of 4.5/10 while NL scores 6.8/10.

Which is a better buy — LTBR or NL?

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 LTBR and NL valuations compare?

LTBR at $11.48 and NL at $6.07 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

LTBR vs NL Valuation Comparison 2026 — Intrinsic Value Analysis

LTBR

Industrial Inorganic Chemicals

Lightbridge Corporation

Quality

4.5

out of 10

Value Trap

SAFE

Price

$11.48

Last close

Models

7/13

Active

NL

Industrial Inorganic Chemicals

NL Industries, Inc.

Quality

6.8

out of 10

Value Trap

—

Price

$6.07

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	LTBR Fair Value	LTBR Upside	NL Fair Value	NL Upside
Bayesian DCF	Intrinsic	$6.55	-42.9%	$3.98	-34.4%
Earnings Power Value	Intrinsic	—	—	$2.64	-56.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$6.94	-39.6%	$7.62	+25.5%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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LTBR vs NL — Which Stock Is More Undervalued?

NL scores higher with a 6.8/10 quality rating vs LTBR's 4.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Lightbridge Corporation (LTBR) and NL Industries, Inc. (NL) 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.

LTBR currently trades at $11.48 with a QOC of 4.5/10, while NL trades at $6.07 with a QOC of 6.8/10.

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).