Almonty Industries Inc. (ALM) Fair Value 2026

ALM · Other Industrial Metals & Mining ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.5 /10

32 fundamental signals · 2 models active

Value Trap Risk

SAFE (10/100)

Quick Summary — As of 2026-08-28, Almonty Industries Inc. (ALM) trades at $18.04, versus a $25.42 median fair value across its 2 active models — 40.9% above the current price. QOC: 5.5/10. Value Trap Risk: 10/100 (SAFE). 2/13 models active.

Key Facts

Ticker
ALM
Price
$18.04
Quality Score
5.5/10
Value Trap Risk
10/100
Models Active
2/13
Last Updated
Strength: Regime Cross-Sectional suggests +152.4% upside with 35% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is Almonty Industries Inc. (ALM) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Almonty Industries Inc. (ALM) appears undervalued as of : the median of 2 independent fair value estimates is $25.42, 40.9% above the current price of $18.04. Estimates range from $5.30 to $45.53. ALM scores 5.5/10 on fundamental quality and 10/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. ALM’s +40.9% gap is wider than that market norm, and the Other Industrial Metals & Mining sector median is -44.1%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Almonty Industries Inc. Stock in 2026? →

What Fair Value Does Each Model Give ALM?

2 Intrinsic Value Models vs. Current Price ($18.04)

Core Models (Unlocked)
Model Fair Value Upside
Relative · Medium Conviction
 $45.53 +152.4%
Relative · Low Conviction
 $5.30 -70.6%

All Models Active

All 2 models are displayed above.

What Is Almonty Industries Inc. (ALM) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Almonty Industries Inc. presents a highly debated valuation profile at its current price of $18.04. The median intrinsic value is estimated at $25.42 (+40.9% median upside), masking a wide model spread between the 1 bullish models and 1 bearish models. Model dispersion is worth noting: Regime Cross targets $45.53 (+152.4%), versus FTNN at $5.30 (-70.6%). This +223.0% range highlights the importance of multi-model analysis rather than relying on any single methodology.

What Do the Models Say About ALM?

2 of 13 models are currently active for ALM. Of these, 1 model suggests upside while 1 model suggests overvaluation. Taken together, their median fair value for ALM is $25.42 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does ALM Rank in Other Industrial Metals & Mining?

Among 65 Other Industrial Metals & Mining stocks, ALM ranks #11 by Quality of Company score. CirclFi's QOC score of 5.5/10 evaluates 32 fundamental signals. A score of 5.5 reflects mixed fundamentals.

See all Most Undervalued Other Industrial Metals & Mining Stocks →

Almonty Industries Inc.'s positioning within the Other Industrial Metals & Mining segment means that working capital efficiency plays an outsized role in fundamental analysis. The sector's unique characteristics — including infrastructure spending cycle — shape both the opportunity set and risk profile.

Is ALM a Value Trap?

CirclFi's Value Trap algorithm assigns ALM a score of 10/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Almonty Industries Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Almonty Industries Inc. scores 5.5 out of 10 on our 32-signal quality assessment, a solid rating that maintains reasonable quality metrics with some areas for improvement. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +223.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ALM valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ALM's 2 active models, average confidence is 20%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Almonty Industries Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Other Industrial Metals & Mining Stocks Should You Also Analyze?

11 related Other Industrial Metals & Mining stocks with 13-model coverage

IPXIperionX LimitedQOC 5.6USGOU.S. GoldMining Inc.QOC 5.5USARUSA Rare Earth, Inc.QOC 5.7VZLAVizsla Silver Corp.QOC 5.5WRNWestern Copper and Gold CorporationQOC 6.1SCZMSantacruz Silver Mining Ltd.QOC 5.3XPLSolitario Resources Corp.QOC 5.0TMCTMC the metals company Inc.QOC 4.1VALEVale S.A.QOC 2.6MTRNMaterion CorporationQOC 8.9BHPBHP Group LimitedQOC 8.3

Read investment analysis: IPX · USGO · USAR · VZLA · WRN · SCZM · XPL · TMC · VALE · MTRN · BHP

Which Other Stocks Have a Similar Quality Score to ALM?

7 companies across all industries closest to ALM’s Quality of Company score of 5.5/10.

PIACPrinceton Capital CorporationQOC 5.5BGLCBioNexus Gene Lab Corp.QOC 5.5ASBPAspire Biopharma Holdings, Inc.QOC 5.5SMCSummit Midstream CorporationQOC 5.5INUVInuvo, Inc.QOC 5.5SPRYARS Pharmaceuticals, Inc.QOC 5.5NVDANVIDIA CorporationQOC 10.0

Read investment analysis: PIAC · BGLC · ASBP · SMC · INUV · SPRY · NVDA

Where Does ALM Sit in CirclFi's Other Industrial Metals & Mining Rankings?

ALM is ranked against every other Other Industrial Metals & Mining stock CirclFi covers in each of these screens.

See all Other Industrial Metals & Mining stocks ranked →

What Else Do Investors Ask About Almonty Industries Inc.’s Valuation?

What is Almonty Industries Inc.'s intrinsic value in 2026?

CirclFi puts Almonty Industries Inc. (ALM)'s intrinsic value at $25.42 — the median of 2 independent model estimates as of 2026-08-28, ranging from $5.30 to $45.53. The Quality of Company score is 5.5/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ALM overvalued or undervalued right now?

At $18.04, 1 of 2 active models suggest ALM may be undervalued, while 1 indicate potential overvaluation. The median of all 2 fair value estimates is $25.42, 40.9% above the current price of $18.04 — a consensus view that ALM is undervalued. The assessment depends on which methodology best fits Almonty Industries Inc.'s business model in Other Industrial Metals & Mining.

What does a Quality of Company score of 5.5 mean for ALM?

Almonty Industries Inc.'s QOC of 5.5/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on ALM?

CirclFi analyzes ALM with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is ALM a value trap in 2026?

Almonty Industries Inc.'s Value Trap score is 10/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Almonty Industries Inc. (ALM) has a median fair value of $25.42 — 40.9% above the current price of $18.04 — as of 2026-08-28.” Source: circlfi.com/stock/ALM/ · Methodology
Primary sources for this ALM valuation
  • Financial statements: Almonty Industries Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001670061) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for ALM as of ; valuations recomputed .