Is TVE or TXNM more undervalued in 2026?

CirclFi compares Tennessee Valley Authority (TVE) and TXNM Energy, Inc. (TXNM) using 13 institutional-grade valuation models. TVE has a Quality of Company score of 6.1/10 while TXNM scores 8.0/10.

Which is a better buy — TVE or TXNM?

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 TVE and TXNM valuations compare?

TVE at $23.55 and TXNM at $59.21 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TVE vs TXNM Valuation Comparison 2026 — Intrinsic Value Analysis

TVE

Electric Services

Tennessee Valley Authority

Quality

6.1

out of 10

Value Trap

—

Price

$23.55

Last close

Models

8/13

Active

TXNM

Electric Services

TXNM Energy, Inc.

Quality

8.0

out of 10

Value Trap

SAFE

Price

$59.21

Last close

Models

10/13

Active

Model-by-Model Comparison

Model	Type	TVE Fair Value	TVE Upside	TXNM Fair Value	TXNM Upside
Bayesian DCF	Intrinsic	—	—	$20.74	-65.0%
EROIC Spread	Intrinsic	—	—	$16.57	-72.0%
First Chicago	Scenario	$23.25	-1.4%	$94.90	+60.3%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$1.72	-92.7%	—	—
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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TVE vs TXNM — Which Stock Is More Undervalued?

TXNM scores higher with a 8.0/10 quality rating vs TVE's 6.1/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Tennessee Valley Authority (TVE) and TXNM Energy, Inc. (TXNM) 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.

TVE currently trades at $23.55 with a QOC of 6.1/10, while TXNM trades at $59.21 with a QOC of 8.0/10.

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).