Is TXG or WAT more undervalued in 2026?

CirclFi compares 10x Genomics, Inc. (TXG) and Waters Corporation (WAT) using 13 institutional-grade valuation models. TXG has a Quality of Company score of 8.3/10 while WAT scores 5.7/10.

Which is a better buy — TXG or WAT?

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 TXG and WAT valuations compare?

TXG at $28.30 and WAT at $383.57 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

TXG vs WAT Valuation Comparison 2026 — Intrinsic Value Analysis

TXG

Laboratory Analytical Instruments

10x Genomics, Inc.

Quality

8.3

out of 10

Value Trap

SAFE

Price

$28.30

Last close

Models

13/13

Active

WAT

Laboratory Analytical Instruments

Waters Corporation

Quality

5.7

out of 10

Value Trap

SAFE

Price

$383.57

Last close

Models

12/13

Active

Model-by-Model Comparison

Model	Type	TXG Fair Value	TXG Upside	WAT Fair Value	WAT Upside
Bayesian DCF	Intrinsic	$21.24	-25.0%	$15.47	-96.0%
Earnings Power Value	Intrinsic	$5.32	-81.2%	$36.66	-89.7%
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 TXG vs WAT — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more.

Access Full Analysis — From $27/mo →

TXG vs WAT — Which Stock Is More Undervalued?

TXG scores higher with a 8.3/10 quality rating vs WAT's 5.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing 10x Genomics, Inc. (TXG) and Waters Corporation (WAT) 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.

TXG currently trades at $28.30 with a QOC of 8.3/10, while WAT trades at $383.57 with a QOC of 5.7/10.

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).