Is QTRX or WAT more undervalued in 2026?

CirclFi compares Quanterix Corporation (QTRX) and Waters Corporation (WAT) using 13 institutional-grade valuation models. QTRX has a Quality of Company score of 7.1/10 while WAT scores 5.7/10.

Which is a better buy — QTRX or WAT?

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 QTRX and WAT valuations compare?

QTRX at $3.06 and WAT at $383.57 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

QTRX vs WAT Valuation Comparison 2026 — Intrinsic Value Analysis

QTRX

Laboratory Analytical Instruments

Quanterix Corporation

Quality

7.1

out of 10

Value Trap

SAFE

Price

$3.06

Last close

Models

11/13

Active

WAT

Laboratory Analytical Instruments

Waters Corporation

Quality

5.7

out of 10

Value Trap

SAFE

Price

$383.57

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	QTRX Fair Value	QTRX Upside	WAT Fair Value	WAT Upside
Bayesian DCF	Intrinsic	$0.46	-84.9%	$15.47	-96.0%
Earnings Power Value	Intrinsic	$5.53	+62.8%	$36.66	-89.7%
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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QTRX vs WAT — Which Stock Is More Undervalued?

QTRX scores higher with a 7.1/10 quality rating vs WAT's 5.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Quanterix Corporation (QTRX) and Waters Corporation (WAT) 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.

QTRX currently trades at $3.06 with a QOC of 7.1/10, while WAT trades at $383.57 with a QOC of 5.7/10.

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).