BIO-key International, Inc. (BKYI) Fair Value 2026

BKYI · Security & Protection Services ·

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

Quality Score

6.1 /10

32 fundamental signals · 5 models active

Value Trap Risk

WARN (42/100)

Quick Summary — As of 2026-08-27, BIO-key International, Inc. (BKYI) trades at $3.10, versus a $5.88 median fair value across its 5 active models — 89.6% above the current price. QOC: 6.1/10. Value Trap Risk: 42/100 (WARN). 5/13 models active.

Key Facts

Ticker
BKYI
Price
$3.10
Quality Score
6.1/10
Value Trap Risk
42/100
Models Active
5/13
Last Updated
Strength: ML-RIV suggests +93.3% upside with 53% confidence
Risk: Value Trap score of 42 suggests caution despite apparent undervaluation

Is BIO-key International, Inc. (BKYI) Undervalued or Overvalued in 2026?

According to CirclFi’s 5-model valuation engine, BIO-key International, Inc. (BKYI) appears undervalued as of : the median of 5 independent fair value estimates is $5.88, 89.6% above the current price of $3.10. Estimates range from $2.65 to $5.99. BKYI scores 6.1/10 on fundamental quality and 42/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. BKYI’s +89.6% gap is wider than that market norm. 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 BIO-key International, Inc. Stock in 2026? →

What Fair Value Does Each Model Give BKYI?

5 Intrinsic Value Models vs. Current Price ($3.10)

Core Models (Unlocked)
Model Fair Value Upside
Ensemble · Medium Conviction
 $5.52 +78.2%
Intrinsic · High Conviction
 $5.99 +93.3%
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What Is BKYI's Fair Value Range?

Spread across 5 independent models · $2.65 to $5.99

CirclFi's 5 active models place BIO-key International, Inc. (BKYI) between $2.65 and $5.99 per share, a spread of 57% of the median. The median of that range — $5.88 — is the fair value CirclFi publishes for BKYI, against a current price of $3.10.

Low · Dynamic NAVHigh · ML-RIV
$2.65median $5.88$5.99
Where the range comes from
Most bearish modelDynamic NAV$2.65
Most bullish modelML Residual Income$5.99
Model agreement4 bullish · 1 bearishmoderate

A band of this width is typical. The methods agree on direction but weight growth, reinvestment and risk differently, so treat the median as a centre of gravity rather than a precise target.

Every figure above is one model's standalone output on BKYI, not a CirclFi price target. How each model works →

What Is BIO-key International, Inc. (BKYI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the weight of evidence tilts decidedly bullish for BIO-key International, Inc.. Trading at $3.10 against an estimated intrinsic value of $5.88, 4 of 5 active models flag meaningful upside of +89.6% at the median. The most optimistic model, ML-RIV, places fair value at $5.99 (+93.3%), while Dynamic NAV — the most conservative — estimates $2.65 (-14.7%). This +108.0% gap reflects genuine analytical uncertainty about BIO-key International, Inc.'s intrinsic worth.

What Do the Models Say About BKYI?

5 of 13 models are currently active for BKYI. Of these, 4 models suggest upside while 1 model suggests overvaluation. Taken together, their median fair value for BKYI is $5.88 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does BKYI Rank in Security & Protection Services?

Among 22 Security & Protection Services stocks, BKYI ranks #15 by Quality of Company score. CirclFi's QOC score of 6.1/10 evaluates 32 fundamental signals. A score of 6.1 indicates above-average quality.

BIO-key International, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is BKYI a Value Trap?

CirclFi's Value Trap algorithm assigns BKYI a score of 42/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

5 of 13 models are active for BIO-key International, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, BIO-key International, Inc. is rated at 6.1/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +108.0% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every BKYI 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 BKYI's 5 active models, average confidence is 36%. 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 BIO-key International, Inc. Stock in 2026? →

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

Which Similar Security & Protection Services Stocks Should You Also Analyze?

11 related Security & Protection Services stocks with 13-model coverage

IVDAIveda Solutions, Inc.QOC 6.1SUGPSU Group Holdings LimitedQOC 6.1KSCPKnightscope, Inc.QOC 6.3BAERBridger Aerospace Group Holdings, Inc.QOC 6.0VRMEVerifyMe, Inc.QOC 6.7AGSSAmeriguard Security Services, Inc.QOC 4.5SNTSenstar Technologies CorporationQOC 2.9CIXCompX International Inc.QOC 8.8ADTADT Inc.QOC 7.5NSSCNapco Security Technologies, Inc.QOC 9.6ALLEAllegion plcQOC 9.3

Read investment analysis: IVDA · SUGP · KSCP · BAER · VRME · AGSS · SNT · CIX · ADT · NSSC · ALLE

Which Other Stocks Have a Similar Quality Score to BKYI?

7 companies across all industries closest to BKYI’s Quality of Company score of 6.1/10.

AARDAardvark Therapeutics, Inc.QOC 6.1OZKBank OZKQOC 6.1REKRRekor Systems, Inc.QOC 6.1MMLPMartin Midstream Partners L.P.QOC 6.1BBNXBeta Bionics, Inc.QOC 6.1TSHATaysha Gene Therapies, Inc.QOC 6.1NVDANVIDIA CorporationQOC 10.0

Read investment analysis: AARD · OZK · REKR · MMLP · BBNX · TSHA · NVDA

What Else Do Investors Ask About BIO-key International, Inc.’s Valuation?

What is BIO-key International, Inc.'s intrinsic value in 2026?

CirclFi puts BIO-key International, Inc. (BKYI)'s intrinsic value at $5.88 — the median of 5 independent model estimates as of 2026-08-27, ranging from $2.65 to $5.99. The Quality of Company score is 6.1/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is BKYI overvalued or undervalued right now?

At $3.10, 4 of 5 active models suggest BKYI may be undervalued, while 1 indicate potential overvaluation. The median of all 5 fair value estimates is $5.88, 89.6% above the current price of $3.10 — a consensus view that BKYI is undervalued. The assessment depends on which methodology best fits BIO-key International, Inc.'s business model in Security & Protection Services.

What does a Quality of Company score of 6.1 mean for BKYI?

BIO-key International, Inc.'s QOC of 6.1/10 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 BKYI?

CirclFi analyzes BKYI 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 5 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on BKYI?

Of the 5 models currently active on BKYI, ML Residual Income is the most bullish at $5.99 per share, and Dynamic NAV is the most bearish at $2.65. CirclFi's published fair value for BKYI is the median of that range, $5.88, not either extreme. The gap between the two ends equals 57% of the median — a normal spread for a company of this profile. Browse stocks by value-trap risk →

Is BKYI a value trap in 2026?

BIO-key International, Inc.'s Value Trap score is 42/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries.

Cite this analysis — “According to CirclFi’s 5-model valuation engine, BIO-key International, Inc. (BKYI) has a median fair value of $5.88 — 89.6% above the current price of $3.10 — as of 2026-08-27.” Source: circlfi.com/stock/BKYI/ · Methodology
Primary sources for this BKYI valuation
  • Financial statements: BIO-key International, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001019034) — 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 BKYI as of ; valuations recomputed .

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