Is NPK or RCAT more undervalued in 2026?

CirclFi compares National Presto Industries, Inc (NPK) and Red Cat Holdings, Inc. (RCAT) using 13 institutional-grade valuation models. NPK has a Quality of Company score of 7.9/10 while RCAT scores 5.9/10.

Which is a better buy — NPK or RCAT?

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 NPK and RCAT valuations compare?

NPK at $132.00 and RCAT at $14.15 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

NPK vs RCAT Valuation Comparison 2026 — Intrinsic Value Analysis

NPK

Aerospace & Defense

National Presto Industries, Inc

Quality

7.9

out of 10

Value Trap

SAFE

Price

$132.00

Last close

Models

13/13

Active

RCAT

Aerospace & Defense

Red Cat Holdings, Inc.

Quality

5.9

out of 10

Value Trap

SAFE

Price

$14.15

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	NPK Fair Value	NPK Upside	RCAT Fair Value	RCAT Upside
Bayesian DCF	Intrinsic	$19.18	-85.5%	$4.68	-66.9%
Earnings Power Value	Intrinsic	$29.56	-77.6%	$1.78	-84.2%
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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NPK vs RCAT — Which Stock Is More Undervalued?

NPK scores higher with a 7.9/10 quality rating vs RCAT's 5.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing National Presto Industries, Inc (NPK) and Red Cat Holdings, Inc. (RCAT) 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.

NPK currently trades at $132.00 with a QOC of 7.9/10, while RCAT trades at $14.15 with a QOC of 5.9/10.

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).