Is NCMI or SDM more undervalued in 2026?

CirclFi compares National CineMedia, Inc. (NCMI) and Smart Digital Group Limited (SDM) using 13 institutional-grade valuation models. NCMI has a Quality of Company score of 7.0/10 while SDM scores 2.0/10.

Which is a better buy — NCMI or SDM?

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 NCMI and SDM valuations compare?

NCMI at $3.09 and SDM at $1.85 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

NCMI vs SDM Valuation Comparison 2026 — Intrinsic Value Analysis

NCMI

Advertising Agencies

National CineMedia, Inc.

Quality

7.0

out of 10

Value Trap

SAFE

Price

$3.09

Last close

Models

13/13

Active

SDM

Advertising Agencies

Smart Digital Group Limited

Quality

2.0

out of 10

Value Trap

—

Price

$1.85

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	NCMI Fair Value	NCMI Upside	SDM Fair Value	SDM Upside
Bayesian DCF	Intrinsic	$0.40	-87.0%	$0.48	-73.9%
Earnings Power Value	Intrinsic	$7.62	+123.5%	$0.36	-80.4%
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	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

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

Access Full Analysis — From $27/mo →

NCMI vs SDM — Which Stock Is More Undervalued?

NCMI scores higher with a 7.0/10 quality rating vs SDM's 2.0/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing National CineMedia, Inc. (NCMI) and Smart Digital Group Limited (SDM) 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.

NCMI currently trades at $3.09 with a QOC of 7.0/10, while SDM trades at $1.85 with a QOC of 2.0/10.

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).