Is OWL or PAX more undervalued in 2026?

CirclFi compares Blue Owl Capital Inc. (OWL) and Patria Investments Limited (PAX) using 13 institutional-grade valuation models. OWL has a Quality of Company score of 7.4/10 while PAX scores 7.9/10.

Which is a better buy — OWL or PAX?

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 OWL and PAX valuations compare?

OWL at $10.28 and PAX at $11.59 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

OWL vs PAX Valuation Comparison 2026 — Intrinsic Value Analysis

OWL

Investment Advice

Blue Owl Capital Inc.

Quality

7.4

out of 10

Value Trap

SAFE

Price

$10.28

Last close

Models

10/13

Active

PAX

Investment Advice

Patria Investments Limited

Quality

7.9

out of 10

Value Trap

SAFE

Price

$11.59

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	OWL Fair Value	OWL Upside	PAX Fair Value	PAX Upside
Bayesian DCF	Intrinsic	$8.81	-14.3%	$3.90	-66.3%
Earnings Power Value	Intrinsic	—	—	$3.98	-65.6%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$3.40	-65.7%	$5.36	-53.7%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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OWL vs PAX — Which Stock Is More Undervalued?

PAX scores higher with a 7.9/10 quality rating vs OWL's 7.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Blue Owl Capital Inc. (OWL) and Patria Investments Limited (PAX) 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.

OWL currently trades at $10.28 with a QOC of 7.4/10, while PAX trades at $11.59 with a QOC of 7.9/10.

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).