Is MMT or MSD more undervalued in 2026?

CirclFi compares MFS Multimarket Income Trust (MMT) and Morgan Stanley Emerging Markets (MSD) using 13 institutional-grade valuation models. MMT has a Quality of Company score of 1.7/10 while MSD scores 1.9/10.

Which is a better buy — MMT or MSD?

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 MMT and MSD valuations compare?

MMT at $4.52 and MSD at $7.34 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

MMT vs MSD Valuation Comparison 2026 — Intrinsic Value Analysis

MMT

Asset Management

MFS Multimarket Income Trust

Quality

1.7

out of 10

Value Trap

—

Price

$4.52

Last close

Models

11/13

Active

MSD

Asset Management

Morgan Stanley Emerging Markets

Quality

1.9

out of 10

Value Trap

—

Price

$7.34

Last close

Models

8/13

Active

Model-by-Model Comparison

Model	Type	MMT Fair Value	MMT Upside	MSD Fair Value	MSD Upside
Bayesian DCF	Intrinsic	$1.20	-73.5%	$1.94	-73.5%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$3.57	-21.1%	—	—
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$5.81	+29.5%	$6.86	-6.7%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

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

Access Full Analysis — From $27/mo →

MMT vs MSD — Which Stock Is More Undervalued?

MSD scores higher with a 1.9/10 quality rating vs MMT's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing MFS Multimarket Income Trust (MMT) and Morgan Stanley Emerging Markets (MSD) 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.

MMT currently trades at $4.52 with a QOC of 1.7/10, while MSD trades at $7.34 with a QOC of 1.9/10.

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).