Is SPHR or TOON more undervalued in 2026?

CirclFi compares Sphere Entertainment Co. (SPHR) and Kartoon Studios, Inc. (TOON) using 13 institutional-grade valuation models. SPHR has a Quality of Company score of 5.6/10 while TOON scores 3.7/10.

Which is a better buy — SPHR or TOON?

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 SPHR and TOON valuations compare?

SPHR at $133.75 and TOON at $0.68 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

SPHR vs TOON Valuation Comparison 2026 — Intrinsic Value Analysis

SPHR

Entertainment

Sphere Entertainment Co.

Quality

5.6

out of 10

Value Trap

SAFE

Price

$133.75

Last close

Models

13/13

Active

TOON

Entertainment

Kartoon Studios, Inc.

Quality

3.7

out of 10

Value Trap

SAFE

Price

$0.68

Last close

Models

9/13

Active

Model-by-Model Comparison

Model	Type	SPHR Fair Value	SPHR Upside	TOON Fair Value	TOON Upside
Bayesian DCF	Intrinsic	$9.75	-92.7%	$0.15	-78.0%
Earnings Power Value	Intrinsic	$55.11	-58.8%	—	—
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$21.76	-83.7%	$0.13	-81.0%
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 SPHR vs TOON — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

SPHR vs TOON — Which Stock Is More Undervalued?

SPHR scores higher with a 5.6/10 quality rating vs TOON's 3.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Sphere Entertainment Co. (SPHR) and Kartoon Studios, Inc. (TOON) 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.

SPHR currently trades at $133.75 with a QOC of 5.6/10, while TOON trades at $0.68 with a QOC of 3.7/10.

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).