DLH Holdings Corp. (DLHC) Fair Value 2026

DLHC · Specialty Business Services ·

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

Quality Score

6.6 /10

32 fundamental signals · 9 models active

Value Trap Risk

WARN (40/100)

Quick Summary — As of 2026-08-28, DLH Holdings Corp. (DLHC) trades at $4.40, versus a $15.79 median fair value across its 9 active models — 258.9% above the current price. QOC: 6.6/10. Value Trap Risk: 40/100 (WARN). 9/13 models active. Within that set, the Bayesian DCF component alone returns $21.20.

Key Facts

Ticker
DLHC
Price
$4.40
Quality Score
6.6/10
Value Trap Risk
40/100
Models Active
9/13
Last Updated
Strength: Bayesian DCF suggests +381.9% upside with 65% confidence
Risk: Value Trap score of 40 suggests caution despite apparent undervaluation

Is DLH Holdings Corp. (DLHC) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, DLH Holdings Corp. (DLHC) appears undervalued as of : the median of 9 independent fair value estimates is $15.79, 258.9% above the current price of $4.40. Estimates range from $2.02 to $22.60. DLHC scores 6.6/10 on fundamental quality and 40/100 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. DLHC’s +258.9% gap is wider than that market norm, and the Specialty Business Services sector median is +1.7%. 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 DLH Holdings Corp. Stock in 2026? →

What Fair Value Does Each Model Give DLHC?

9 Intrinsic Value Models vs. Current Price ($4.40)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $21.20 +381.9%
Intrinsic · High Conviction
 $8.82 +100.4%
Ensemble · Low Conviction
 $15.79 +258.9%
Intrinsic · High Conviction
 $4.04 -8.3%
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What Is DLHC's Fair Value Range?

Spread across 9 independent models · $2.02 to $22.60

CirclFi's 9 active models place DLH Holdings Corp. (DLHC) between $2.02 and $22.60 per share, a spread of 130% of the median. The median of that range — $15.79 — is the fair value CirclFi publishes for DLHC, against a current price of $4.40.

Low · Regime CrossHigh · Sentiment SOTP
$2.02median $15.79$22.60
Where the range comes from
Most bearish modelRegime Cross-Sectional$2.02
Most bullish modelSentiment SOTP$22.60
Model agreement7 bullish · 2 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for DLHC. Treat the median as one reading among several and compare the individual models below before acting.

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

What Is DLH Holdings Corp. (DLHC) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, DLH Holdings Corp.'s intrinsic value is estimated at a median fair value of $15.79. At a current market price of $4.40, 7 of 9 active valuation models identify upside potential, projecting a median implied return of +258.9%. Notably, Sentiment SOTP sees the most upside at +413.6% (fair value: $22.60), while Regime Cross is the most conservative at -54.0% ($2.02). The spread between these extremes — +467.6% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, EPV lean bullish — adding weight to the bullish side of the thesis.

What Do the Models Say About DLHC?

9 of 13 models are currently active for DLHC. Of these, 7 models suggest upside while 2 models suggest overvaluation. Taken together, their median fair value for DLHC is $15.79 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $21.20 on its own, implying +381.9% upside from the current price. See which stocks rank higher →

How Does DLHC Rank in Specialty Business Services?

Among 55 Specialty Business Services stocks, DLHC ranks #28 by Quality of Company score. CirclFi's QOC score of 6.6/10 evaluates 32 fundamental signals. A score of 6.6 indicates above-average quality.

See all Most Undervalued Specialty Business Services Stocks →

DLH Holdings Corp. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is DLHC a Value Trap?

CirclFi's Value Trap algorithm assigns DLHC a score of 40/100 (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

9 of 13 models are active for DLH Holdings Corp.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, DLH Holdings Corp.'s fundamental quality profile registers 6.6/10. This respectable score captures the company's profitability depth, growth consistency, balance sheet resilience, and shareholder return track record.

The gap between the most bullish and bearish model spans +467.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every DLHC 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 DLHC's 9 active models, average confidence is 45%. 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 DLH Holdings Corp. Stock in 2026? →

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

Which Similar Specialty Business Services Stocks Should You Also Analyze?

11 related Specialty Business Services stocks with 13-model coverage

BVBrightView Holdings, Inc.QOC 6.8ADMQADM Endeavors, Inc.QOC 6.3FAFirst Advantage CorporationQOC 6.9ELVGElvictor Group, Inc.QOC 6.3KODKEastman Kodak CompanyQOC 7.0THTarget Hospitality Corp.QOC 6.3FOFAFamily Office of America Inc.QOC 5.2SMXSMX (Security Matters) Public Limited CompanyQOC 1.7UNFUniFirst CorporationQOC 8.0CTASCintas CorporationQOC 9.2RELXRELX PLCQOC 9.2

Read investment analysis: BV · ADMQ · FA · ELVG · KODK · TH · FOFA · SMX · UNF · CTAS · RELX

Which Other Stocks Have a Similar Quality Score to DLHC?

7 companies across all industries closest to DLHC’s Quality of Company score of 6.6/10.

XPERXperi Inc.QOC 6.6CSANCosan S.A.QOC 6.6WLKWestlake CorporationQOC 6.6HTZHertz Global Holdings, Inc.QOC 6.6DOMODomo, Inc.QOC 6.6CLWClearwater Paper CorporationQOC 6.6NVDANVIDIA CorporationQOC 10.0

Read investment analysis: XPER · CSAN · WLK · HTZ · DOMO · CLW · NVDA

Where Does DLHC Sit in CirclFi's Specialty Business Services Rankings?

DLHC is ranked against every other Specialty Business Services stock CirclFi covers in each of these screens.

See all Specialty Business Services stocks ranked →

What Else Do Investors Ask About DLH Holdings Corp.’s Valuation?

What is DLH Holdings Corp.'s intrinsic value in 2026?

CirclFi puts DLH Holdings Corp. (DLHC)'s intrinsic value at $15.79 — the median of 9 independent model estimates as of 2026-08-28, ranging from $2.02 to $22.60. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $21.20 on its own. The Quality of Company score is 6.6/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is DLHC overvalued or undervalued right now?

At $4.40, 7 of 9 active models suggest DLHC may be undervalued, while 2 indicate potential overvaluation. The median of all 9 fair value estimates is $15.79, 258.9% above the current price of $4.40 — a consensus view that DLHC is undervalued. The assessment depends on which methodology best fits DLH Holdings Corp.'s business model in Specialty Business Services.

What does a Quality of Company score of 6.6 mean for DLHC?

DLH Holdings Corp.'s QOC of 6.6/10 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 DLHC?

CirclFi analyzes DLHC 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 9 of 13 are active for this stock. Read the full methodology →

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

Of the 9 models currently active on DLHC, Sentiment SOTP is the most bullish at $22.60 per share, and Regime Cross-Sectional is the most bearish at $2.02. CirclFi's published fair value for DLHC is the median of that range, $15.79, not either extreme. The gap between the two ends equals 130% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is DLHC a value trap in 2026?

DLH Holdings Corp.'s Value Trap score is 40/100 (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 9-model valuation engine, DLH Holdings Corp. (DLHC) has a median fair value of $15.79 — 258.9% above the current price of $4.40 — as of 2026-08-28.” Source: circlfi.com/stock/DLHC/ · Methodology
Primary sources for this DLHC valuation
  • Financial statements: DLH Holdings Corp. 10-K and 10-Q filings on SEC EDGAR (CIK 0000785557) — 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 DLHC as of ; valuations recomputed .

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