Is TNYA or VACH more undervalued in 2026?

CirclFi compares Tenaya Therapeutics, Inc. (TNYA) and Voyager Acquisition Corp (VACH) using 13 institutional-grade valuation models. TNYA has a Quality of Company score of 4.1/10 while VACH scores 3.9/10.

Which is a better buy — TNYA or VACH?

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 TNYA and VACH valuations compare?

TNYA at $0.87 and VACH at $9.61 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TNYA vs VACH Valuation Comparison 2026 — Intrinsic Value Analysis

TNYA

Biological Products, (No Diagnostic Substances)

Tenaya Therapeutics, Inc.

Quality

4.1

out of 10

Value Trap

LOW

Price

$0.87

Last close

Models

8/13

Active

VACH

Biological Products, (No Diagnostic Substances)

Voyager Acquisition Corp

Quality

3.9

out of 10

Value Trap

—

Price

$9.61

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	TNYA Fair Value	TNYA Upside	VACH Fair Value	VACH Upside
Bayesian DCF	Intrinsic	$0.40	-54.5%	$0.82	-91.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$0.79	-9.1%	$3.84	-69.6%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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TNYA vs VACH — Which Stock Is More Undervalued?

TNYA scores higher with a 4.1/10 quality rating vs VACH's 3.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Tenaya Therapeutics, Inc. (TNYA) and Voyager Acquisition Corp (VACH) 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.

TNYA currently trades at $0.87 with a QOC of 4.1/10, while VACH trades at $9.61 with a QOC of 3.9/10.

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).