Nocopi Technologies, Inc. (NNUP) Fair Value 2026

NNUP · Specialty Chemicals ·

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

Quality Score

6.3 /10

32 fundamental signals · 6 models active

Value Trap Risk

LOW (32/100)

Quick Summary — As of 2026-08-27, Nocopi Technologies, Inc. (NNUP) trades at $1.90, versus a $1.12 median fair value across its 6 active models — 40.9% below the current price. QOC: 6.3/10. Value Trap Risk: 32/100 (LOW). 6/13 models active. Within that set, the Bayesian DCF component alone returns $1.12.

Key Facts

Ticker
NNUP
Price
$1.90
Quality Score
6.3/10
Value Trap Risk
32/100
Models Active
6/13
Last Updated
Strength: 6 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Nocopi Technologies, Inc. (NNUP) Undervalued or Overvalued in 2026?

According to CirclFi’s 6-model valuation engine, Nocopi Technologies, Inc. (NNUP) appears overvalued as of : the median of 6 independent fair value estimates is $1.12, 40.9% below the current price of $1.90. Estimates range from $0.37 to $2.03. NNUP scores 6.3/10 on fundamental quality and 32/100 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. NNUP’s -40.9% gap is wider than that market norm, and the Specialty Chemicals sector median is -35.9%. 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 Nocopi Technologies, Inc. Stock in 2026? →

What Fair Value Does Each Model Give NNUP?

6 Intrinsic Value Models vs. Current Price ($1.90)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $1.12 -40.9%
Ensemble · Low Conviction
 $1.12 -40.8%
Scenario · High Conviction
 $0.37 -80.6%
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What Is NNUP's Fair Value Range?

Spread across 6 independent models · $0.37 to $2.03

CirclFi's 6 active models place Nocopi Technologies, Inc. (NNUP) between $0.37 and $2.03 per share, a spread of 148% of the median. The median of that range — $1.12 — is the fair value CirclFi publishes for NNUP, against a current price of $1.90.

Low · First ChicagoHigh · FTNN
$0.37median $1.12$2.03
Where the range comes from
Most bearish modelFirst Chicago$0.37
Most bullish modelFTNN Topology$2.03
Model agreement1 bullish · 5 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 NNUP. 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 NNUP, not a CirclFi price target. How each model works →

What Is Nocopi Technologies, Inc. (NNUP) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Nocopi Technologies, Inc.'s intrinsic value is estimated at $1.12, suggesting the stock is overvalued at its current price of $1.90. With 5 out of 6 models flagging downside (-40.9% vs price), the market may be pricing in unsustainable growth. The most optimistic model, FTNN, places fair value at $2.03 (+6.9%), while First Chicago — the most conservative — estimates $0.37 (-80.6%). This +87.5% gap reflects genuine analytical uncertainty about Nocopi Technologies, Inc.'s intrinsic worth.

What Do the Models Say About NNUP?

6 of 13 models are currently active for NNUP. Of these, 1 model suggests upside while 5 models suggest overvaluation. Taken together, their median fair value for NNUP is $1.12 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $1.12 on its own, implying -40.9% downside from the current price. See which stocks rank higher →

How Does NNUP Rank in Specialty Chemicals?

Among 69 Specialty Chemicals stocks, NNUP ranks #46 by Quality of Company score. CirclFi's QOC score of 6.3/10 evaluates 32 fundamental signals. A score of 6.3 indicates above-average quality.

See all Most Undervalued Specialty Chemicals Stocks →

As a industrial sector, Nocopi Technologies, Inc. operates in a sector where working capital efficiency is a critical driver of valuation. Investors evaluating NNUP should weigh these sector-specific dynamics alongside our model-derived fair values.

Is NNUP a Value Trap?

CirclFi's Value Trap algorithm assigns NNUP a score of 32/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

6 of 13 models are active for Nocopi Technologies, Inc.. 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, Nocopi Technologies, Inc.'s fundamental quality profile registers 6.3/10. 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 +87.5% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NNUP 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 NNUP's 6 active models, average confidence is 41%. 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 Nocopi Technologies, Inc. Stock in 2026? →

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

Which Similar Specialty Chemicals Stocks Should You Also Analyze?

11 related Specialty Chemicals stocks with 13-model coverage

ECVTEcovyst Inc.QOC 6.3CCThe Chemours CompanyQOC 6.1KROKronos Worldwide, Inc.QOC 6.4LWLGLightwave Logic, Inc.QOC 6.1ASPNAspen Aerogels, Inc.QOC 6.4FFFutureFuel Corp.QOC 6.1BIOFBlue Biofuels, Inc.QOC 4.1AXTAAxalta Coating Systems Ltd.QOC 8.6MTXMinerals Technologies Inc.QOC 7.2ODCOil-Dri Corporation of AmericaQOC 9.2RPMRPM International Inc.QOC 9.0

Read investment analysis: ECVT · CC · KRO · LWLG · ASPN · FF · BIOF · AXTA · MTX · ODC · RPM

Which Other Stocks Have a Similar Quality Score to NNUP?

7 companies across all industries closest to NNUP’s Quality of Company score of 6.3/10.

PLTKPlaytika Holding Corp.QOC 6.3LGPSLogProstyle Inc.QOC 6.3ASTSAST SpaceMobile, Inc.QOC 6.3TOPPToppoint Holdings Inc.QOC 6.3CHRSCoherus Oncology, Inc.QOC 6.3BRTXBioRestorative Therapies, Inc.QOC 6.3NVDANVIDIA CorporationQOC 10.0

Read investment analysis: PLTK · LGPS · ASTS · TOPP · CHRS · BRTX · NVDA

Where Does NNUP Sit in CirclFi's Specialty Chemicals Rankings?

NNUP is ranked against every other Specialty Chemicals stock CirclFi covers in each of these screens.

See all Specialty Chemicals stocks ranked →

What Else Do Investors Ask About Nocopi Technologies, Inc.’s Valuation?

What is Nocopi Technologies, Inc.'s intrinsic value in 2026?

CirclFi puts Nocopi Technologies, Inc. (NNUP)'s intrinsic value at $1.12 — the median of 6 independent model estimates as of 2026-08-27, ranging from $0.37 to $2.03. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $1.12 on its own. The Quality of Company score is 6.3/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NNUP overvalued or undervalued right now?

At $1.90, 1 of 6 active models suggest NNUP may be undervalued, while 5 indicate potential overvaluation. The median of all 6 fair value estimates is $1.12, 40.9% below the current price of $1.90 — a consensus view that NNUP is overvalued. The assessment depends on which methodology best fits Nocopi Technologies, Inc.'s business model in Specialty Chemicals.

What does a Quality of Company score of 6.3 mean for NNUP?

Nocopi Technologies, Inc.'s QOC of 6.3/10 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 NNUP?

CirclFi analyzes NNUP 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 6 of 13 are active for this stock. Read the full methodology →

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

Of the 6 models currently active on NNUP, FTNN Topology is the most bullish at $2.03 per share, and First Chicago is the most bearish at $0.37. CirclFi's published fair value for NNUP is the median of that range, $1.12, not either extreme. The gap between the two ends equals 148% 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 NNUP a value trap in 2026?

Nocopi Technologies, Inc.'s Value Trap score is 32/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 6-model valuation engine, Nocopi Technologies, Inc. (NNUP) has a median fair value of $1.12 — 40.9% below the current price of $1.90 — as of 2026-08-27.” Source: circlfi.com/stock/NNUP/ · Methodology
Primary sources for this NNUP valuation
  • Financial statements: Nocopi Technologies, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000888981) — 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 NNUP as of ; valuations recomputed .

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