Is RAY or UG more undervalued in 2026?

CirclFi compares Raytech Holding Limited (RAY) and United-Guardian, Inc. (UG) using 13 institutional-grade valuation models. RAY has a Quality of Company score of 8.2/10 while UG scores 8.5/10.

Which is a better buy — RAY or UG?

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 RAY and UG valuations compare?

RAY at $3.41 and UG at $7.02 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

RAY vs UG Valuation Comparison 2026 — Intrinsic Value Analysis

RAY

Household & Personal Products

Raytech Holding Limited

Quality

8.2

out of 10

Value Trap

SAFE

Price

$3.41

Last close

Models

12/13

Active

UG

Household & Personal Products

United-Guardian, Inc.

Quality

8.5

out of 10

Value Trap

LOW

Price

$7.02

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	RAY Fair Value	RAY Upside	UG Fair Value	UG Upside
Bayesian DCF	Intrinsic	$6.19	+81.5%	$4.83	-31.2%
Earnings Power Value	Intrinsic	$6.13	+79.7%	$2.74	-60.9%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
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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RAY vs UG — Which Stock Is More Undervalued?

UG scores higher with a 8.5/10 quality rating vs RAY's 8.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Raytech Holding Limited (RAY) and United-Guardian, Inc. (UG) 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.

RAY currently trades at $3.41 with a QOC of 8.2/10, while UG trades at $7.02 with a QOC of 8.5/10.

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).