Is TLRY or USNA more undervalued in 2026?

CirclFi compares Tilray Brands, Inc. (TLRY) and USANA Health Sciences, Inc. (USNA) using 13 institutional-grade valuation models. TLRY has a Quality of Company score of 6.8/10 while USNA scores 7.8/10.

Which is a better buy — TLRY or USNA?

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 TLRY and USNA valuations compare?

TLRY at $5.51 and USNA at $18.30 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TLRY vs USNA Valuation Comparison 2026 — Intrinsic Value Analysis

TLRY

Medicinal Chemicals & Botanical Products

Tilray Brands, Inc.

Quality

6.8

out of 10

Value Trap

WARN

Price

$5.51

Last close

Models

10/13

Active

USNA

Medicinal Chemicals & Botanical Products

USANA Health Sciences, Inc.

Quality

7.8

out of 10

Value Trap

LOW

Price

$18.30

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	TLRY Fair Value	TLRY Upside	USNA Fair Value	USNA Upside
Bayesian DCF	Intrinsic	$1.53	-72.2%	$37.21	+103.3%
Earnings Power Value	Intrinsic	—	—	$16.19	-11.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$7.11	+29.0%	$15.66	-14.4%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TLRY vs USNA — Which Stock Is More Undervalued?

USNA scores higher with a 7.8/10 quality rating vs TLRY's 6.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Tilray Brands, Inc. (TLRY) and USANA Health Sciences, Inc. (USNA) 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.

TLRY currently trades at $5.51 with a QOC of 6.8/10, while USNA trades at $18.30 with a QOC of 7.8/10.

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).