PCF vs PDCC

High Income Securities Fund vs Pearl Diver Credit Company Inc. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — Both PCF and PDCC score 1.7/10 on quality. PCF trades at $5.66 while PDCC trades at $10.04. Both analyzed daily using SEC EDGAR data across 13 institutional models.

PCF

Asset Management
High Income Securities Fund
Quality
1.7
out of 10
Value Trap
Price
$5.66
Last close
Models
9/13
Active
VS

PDCC

Asset Management
Pearl Diver Credit Company Inc.
Quality
1.7
out of 10
Value Trap
Price
$10.04
Last close
Models
6/13
Active
PCF
Markov DDM sees +69.9% upside
Quality 1.7/10 — below average
PDCC
Markov DDM sees +129.1% upside
Quality 1.7/10 — below average

PCF vs PDCC — Fair Value Comparison

PCF
$0$4$7$11 Price$5.66 Bayesian …$1.47 (-74.0%) Markov DDM$9.47 (+69.9%)
PDCC
$0$9$18$27 Price$10.04 Bayesian …$2.61 (-74.0%) Markov DDM$23.26 (+129.1%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType PCF Fair ValuePCF Upside PDCC Fair ValuePDCC Upside
Bayesian DCF Intrinsic $1.47 -74.0% $2.61 -74.0%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $9.47 +69.9% $23.26 +129.1%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%

PCF vs PDCC — Which Stock Is More Undervalued in 2026?

Both PCF and PDCC score 1.7/10 on quality. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do PCF and PDCC Valuations Compare?

At $5.66, PCF trades +74.0% above its Bayesian DCF fair value of $1.47, while PDCC at $10.04 trades +74.0% above its estimate of $2.61. PCF shows a wider gap between price and intrinsic value.

Quality of Company: PCF vs PDCC

PCF earns a Quality of Company score of 1.7/10 compared to PDCC's 1.7/10. The scores are closely matched, indicating similar fundamental quality profiles. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: PCF vs PDCC

Review the value trap analysis for both PCF and PDCC to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Asset Management

Both PCF and PDCC operate in Asset Management, which has 448 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. 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), and ensemble methods (CUCE).

2 of 13 MODELS UNLOCKED

You’re comparing 2 models. 11 more have an opinion.

11 hidden models compare PCF vs PDCC differently — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more. Some may disagree with the 2 you see above.

11 additional fair values per stock Full confidence breakdown Live terminal — 5,000+ stocks

Bloomberg Terminal: ~$2,000/mo  ·  FactSet: ~$1,000/mo  ·  CirclFi: $0.90/day

See All 13 Models — $0.90/day

We don’t predict prices. We show you what 13 independent mathematical frameworks say a stock is worth — and let you decide.

See all Asset Management stocks →