Is XNCR or XRTX more undervalued in 2026?

CirclFi compares Xencor, Inc. (XNCR) and XORTX Therapeutics Inc. (XRTX) using 13 institutional-grade valuation models. XNCR has a Quality of Company score of 6.1/10 while XRTX scores 3.4/10.

Which is a better buy — XNCR or XRTX?

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 XNCR and XRTX valuations compare?

XNCR at $11.97 and XRTX at $2.26 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

XNCR vs XRTX Valuation Comparison 2026 — Intrinsic Value Analysis

XNCR

Biotechnology

Xencor, Inc.

Quality

6.1

out of 10

Value Trap

SAFE

Price

$11.97

Last close

Models

9/13

Active

XRTX

Biotechnology

XORTX Therapeutics Inc.

Quality

3.4

out of 10

Value Trap

—

Price

$2.26

Last close

Models

7/13

Active

Model-by-Model Comparison

Model	Type	XNCR Fair Value	XNCR Upside	XRTX Fair Value	XRTX Upside
Bayesian DCF	Intrinsic	$1.41	-88.2%	$4.91	+117.4%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$0.99	-91.2%	$4.24	+87.4%
Dynamic NAV	Asset-Based	$5.40	-54.9%	$6.57	+190.8%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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XNCR vs XRTX — Which Stock Is More Undervalued?

XNCR scores higher with a 6.1/10 quality rating vs XRTX's 3.4/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Xencor, Inc. (XNCR) and XORTX Therapeutics Inc. (XRTX) 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.

XNCR currently trades at $11.97 with a QOC of 6.1/10, while XRTX trades at $2.26 with a QOC of 3.4/10.

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).