Is SES or SPB more undervalued in 2026?

CirclFi compares SES AI Corporation (SES) and Spectrum Brands Holdings, Inc. (SPB) using 13 institutional-grade valuation models. SES has a Quality of Company score of 4.7/10 while SPB scores 8.7/10.

Which is a better buy — SES or SPB?

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 SES and SPB valuations compare?

SES at $1.31 and SPB at $78.69 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

SES vs SPB Valuation Comparison 2026 — Intrinsic Value Analysis

SES

Miscellaneous Electrical Machinery, Equipment & Supplies

SES AI Corporation

Quality

4.7

out of 10

Value Trap

LOW

Price

$1.31

Last close

Models

11/13

Active

SPB

Miscellaneous Electrical Machinery, Equipment & Supplies

Spectrum Brands Holdings, Inc.

Quality

8.7

out of 10

Value Trap

LOW

Price

$78.69

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	SES Fair Value	SES Upside	SPB Fair Value	SPB Upside
Bayesian DCF	Intrinsic	$0.36	-72.5%	$63.23	-19.6%
Earnings Power Value	Intrinsic	$0.63	-40.4%	$67.75	-13.9%
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	$•••.••	••.•%	$•••.••	••.•%

🔒

Unlock Full 13-Model Comparison

Access all valuation models for SES vs SPB — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

SES vs SPB — Which Stock Is More Undervalued?

SPB scores higher with a 8.7/10 quality rating vs SES's 4.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing SES AI Corporation (SES) and Spectrum Brands Holdings, Inc. (SPB) 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.

SES currently trades at $1.31 with a QOC of 4.7/10, while SPB trades at $78.69 with a QOC of 8.7/10.

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).