Is ONL or PINE more undervalued in 2026?

CirclFi compares Orion Properties Inc. (ONL) and Alpine Income Property Trust, I (PINE) using 13 institutional-grade valuation models. ONL has a Quality of Company score of 5.8/10 while PINE scores 6.3/10.

Which is a better buy — ONL or PINE?

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 ONL and PINE valuations compare?

ONL at $2.98 and PINE at $19.27 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ONL vs PINE Valuation Comparison 2026 — Intrinsic Value Analysis

ONL

Real Estate Investment Trusts

Orion Properties Inc.

Quality

5.8

out of 10

Value Trap

SAFE

Price

$2.98

Last close

Models

10/13

Active

PINE

Real Estate Investment Trusts

Alpine Income Property Trust, I

Quality

6.3

out of 10

Value Trap

WARN

Price

$19.27

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	ONL Fair Value	ONL Upside	PINE Fair Value	PINE Upside
Bayesian DCF	Intrinsic	—	—	$23.32	+21.0%
EROIC Spread	Intrinsic	—	—	$6.93	-64.0%
First Chicago	Scenario	$2.16	-27.5%	$27.65	+43.5%
Markov DDM	Intrinsic	$1.01	-65.9%	—	—
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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ONL vs PINE — Which Stock Is More Undervalued?

PINE scores higher with a 6.3/10 quality rating vs ONL's 5.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Orion Properties Inc. (ONL) and Alpine Income Property Trust, I (PINE) 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.

ONL currently trades at $2.98 with a QOC of 5.8/10, while PINE trades at $19.27 with a QOC of 6.3/10.

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).