FRMO Corporation (FRMO) Fair Value & Analysis
Financial Services · US · Market cap $276M
Fair value as of: Jun 26, 2026
Analysis
FRMO Corporation (FRMO) currently trades at $6.69, while our model-based Fair Value estimate is $11.23 — implying the stock looks roughly 67.9% undervalued today. We read business quality at 80/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.
About the company
FRMO Corporation, through Horizon Kinetics, LLC, operates as an investment advisory and independent research company in the United States. The company offers in-depth analysis of information-poor, and under-researched companies and strategies to identify complex or overlooked situations. It serves institutional investors. The company was formerly known as FRM Nexus, Inc. and changed its name to FRMO Corporation in November 2001. FRMO Corporation was incorporated in 1993 and is based in White Plains, New York.
Open the full interactive analysis →
Similar stocks
Frequently asked questions
Is FRMO Corporation (FRMO) undervalued?
What is the fair value of FRMO?
What is the quality score of FRMO?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.