Salem Media Group Inc (SALM) Fair Value 2026

SALM · Broadcasting ·

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

Quality Score

6.1 /10

32 fundamental signals · 3 models active

Value Trap Risk

SAFE (13/100)

Quick Summary — As of 2026-08-27, Salem Media Group Inc (SALM) trades at $1.00, versus a $2.35 median fair value across its 3 active models — 135.0% above the current price. QOC: 6.1/10. Value Trap Risk: 13/100 (SAFE). 3/13 models active.

Key Facts

Ticker
SALM
Price
$1.00
Quality Score
6.1/10
Value Trap Risk
13/100
Models Active
3/13
Last Updated
Strength: CUCE Ensemble suggests +479.2% upside with 1% confidence
Risk: Limited model coverage (3/13) may reduce confidence

Is Salem Media Group Inc (SALM) Undervalued or Overvalued in 2026?

According to CirclFi’s 3-model valuation engine, Salem Media Group Inc (SALM) appears undervalued as of : the median of 3 independent fair value estimates is $2.35, 135.0% above the current price of $1.00. Estimates range from $0.54 to $5.79. SALM scores 6.1/10 on fundamental quality and 13/100 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. SALM’s +135.0% 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 Salem Media Group Inc Stock in 2026? →

What Fair Value Does Each Model Give SALM?

3 Intrinsic Value Models vs. Current Price ($1.00)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Medium Conviction
 $0.54 -46.3%
Ensemble · Low Conviction
 $5.79 +479.2%
Intrinsic · Medium Conviction
 $2.35 +135.0%

All Models Active

All 3 models are displayed above.

What Is SALM's Fair Value Range?

Spread across 3 independent models · $0.54 to $5.79

CirclFi's 3 active models place Salem Media Group Inc (SALM) between $0.54 and $5.79 per share, a spread of 224% of the median. The median of that range — $2.35 — is the fair value CirclFi publishes for SALM, against a current price of $1.00.

Low · EPVHigh · CUCE
$0.54median $2.35$5.79
Where the range comes from
Most bearish modelEarnings Power Value (EPV)$0.54
Most bullish modelCUCE$5.79
Model agreement2 bullish · 1 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 SALM. 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 SALM, not a CirclFi price target. How each model works →

What Is Salem Media Group Inc (SALM) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Salem Media Group Inc's intrinsic value is estimated at a median fair value of $2.35. While the stock appears modestly undervalued at $1.00 (implied upside of +135.0%), our analysis suggests a thinner margin of safety across 2 of 3 bullish models. Notably, CUCE sees the most upside at +479.2% (fair value: $5.79), while EPV is the most conservative at -46.3% ($0.54). The spread between these extremes — +525.6% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About SALM?

3 of 13 models are currently active for SALM. Of these, 2 models suggest upside while 1 model suggests overvaluation. Taken together, their median fair value for SALM is $2.35 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does SALM Rank in Broadcasting?

Among 18 Broadcasting stocks, SALM ranks #7 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.

As a telecom operator, Salem Media Group Inc operates in a sector where average revenue per user (ARPU) is a critical driver of valuation. Investors evaluating SALM should weigh these sector-specific dynamics alongside our model-derived fair values.

Is SALM a Value Trap?

CirclFi's Value Trap algorithm assigns SALM a score of 13/100 (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

3 of 13 models are active for Salem Media Group Inc. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi 32-factor quality framework, Salem Media Group Inc's fundamental quality profile registers 6.1/10. 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 +525.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every SALM 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 SALM's 3 active models, average confidence is 21%. 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 Salem Media Group Inc Stock in 2026? →

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

Which Similar Broadcasting Stocks Should You Also Analyze?

10 related Broadcasting stocks with 13-model coverage

SSPThe E.W. Scripps CompanyQOC 6.2FUBOFuboTV Inc.QOC 6.0IHRTiHeartMedia, Inc.QOC 6.2NMAXNewsmax, Inc.QOC 5.9CURICuriosityStream Inc.QOC 6.6SBGISinclair, Inc.QOC 5.9FLZHFlash Sports & Media Holdings, Inc.QOC 5.7UONEUrban One, Inc.QOC 4.8SGASaga Communications, Inc.QOC 6.8NXSTNexstar Media Group, Inc.QOC 7.2

Read investment analysis: SSP · FUBO · IHRT · NMAX · CURI · SBGI · FLZH · UONE · SGA · NXST

Which Other Stocks Have a Similar Quality Score to SALM?

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

IBRXImmunityBio, Inc.QOC 6.1DIBS1stdibs.Com, Inc.QOC 6.1BHBiglari Holdings Inc.QOC 6.1TDAYUSA TODAY Co., Inc.QOC 6.1LWLGLightwave Logic, Inc.QOC 6.1SBFMSunshine Biopharma, Inc.QOC 6.1NVDANVIDIA CorporationQOC 10.0

Read investment analysis: IBRX · DIBS · BH · TDAY · LWLG · SBFM · NVDA

What Else Do Investors Ask About Salem Media Group Inc’s Valuation?

What is Salem Media Group Inc's intrinsic value in 2026?

CirclFi puts Salem Media Group Inc (SALM)'s intrinsic value at $2.35 — the median of 3 independent model estimates as of 2026-08-27, ranging from $0.54 to $5.79. 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 SALM overvalued or undervalued right now?

At $1.00, 2 of 3 active models suggest SALM may be undervalued, while 1 indicate potential overvaluation. The median of all 3 fair value estimates is $2.35, 135.0% above the current price of $1.00 — a consensus view that SALM is undervalued. The assessment depends on which methodology best fits Salem Media Group Inc's business model in Broadcasting.

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

Salem Media Group 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 SALM?

CirclFi analyzes SALM 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 3 of 13 are active for this stock. Read the full methodology →

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

Of the 3 models currently active on SALM, CUCE is the most bullish at $5.79 per share, and Earnings Power Value (EPV) is the most bearish at $0.54. CirclFi's published fair value for SALM is the median of that range, $2.35, not either extreme. The gap between the two ends equals 224% 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 SALM a value trap in 2026?

Salem Media Group Inc's Value Trap score is 13/100 (SAFE). 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 3-model valuation engine, Salem Media Group Inc (SALM) has a median fair value of $2.35 — 135.0% above the current price of $1.00 — as of 2026-08-27.” Source: circlfi.com/stock/SALM/ · Methodology
Primary sources for this SALM valuation
  • Financial statements: Salem Media Group Inc 10-K and 10-Q filings on SEC EDGAR (CIK 0001050606) — 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 SALM as of ; valuations recomputed .