EN DE
Watch I-On Digital Corp for free: we tell you when fair value or trend changes.
Data-driven stock valuation

I-On Digital Corp (IONI) fair value: what the stock is really worth

As of Nov 10, 2026: fair value (intrinsic value) of I-On Digital Corp stock $0.09, price $0.13, that is 28.0% below the price, quality 25 out of 100. Rating: overvalued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Technology US

IO I-On Digital Corp logo Thin data Nov 10, 2026

I-On Digital Corp

IONI · US
Expensive, weak quality

Our calculation puts a fair price 28% below what the stock costs today.

Low debt
Mixed vs. peers (3/7)
Fair value $0.0935 · Overvalued
Quality 25/100
Weak Growth (revenue 5y −47.1 %/yr in USD)
Negative free cash flow
Narrow moat 29/100
Thin data
Estimate⚠ Thinly traded
Watch I-On Digital Corp for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$2.07 $0.0550 Fair Value $0.0935 Aug 2020 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

60‑month range $0.0550 – $2.07 · fair‑value band $0.0701 – $0.1168 · the $0.1298 price screens above the $0.0935 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 10, 2026.

Follow I-On Digital in your weekly email

Every Wednesday you see whether I-On Digital is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

I-ON Digital Corp. provides asset-digitization and securitization solutions.

Show moreShow less

Its solutions are engineered to provide a secure, fast, transparent, and institutional-grade digital asset ecosystem that digitizes documentary evidence of ownership asset-backed digital certificates, thus bringing liquidity and recognized value to a diverse array of asset classes; hybrid blockchain architecture that utilizes smart contracts and workflow management AI technologies to digitize ownership records of recoverable gold, precious metal, and mineral reserves into digital certificates that facilitate wealth transfer through asset-backed financial instruments.

It serves claim holders of gold reserves; and high net worth investors within the banking and financial services sector. The company was formerly known as I-ON Communications Corp. and changed its name to I-ON Digital Corp. In May 2019.

I-ON Digital Corp. was founded in 1999 and is headquartered in Chicago, Illinois.

Stock analysis

I-On Digital Corp (IONI) currently trades at $0.1298, while our estimate is $0.0935, 28% below the price, so the stock looks overvalued today.

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: $0.0701 (bear) to $0.1168 (bull), the price of $0.1298 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 25/100 (below-average quality), in the Technology sector.

Weak Growth: Revenue growth is weak, negative or inconsistent.

I-On Digital Corp reported revenue of $433K in FY2025 versus $16.2M in FY2021, a compound −59.6%/yr. Reported net income was −$2.9M in FY2025.

Key figures

Market cap $4.4M Micro · P/S ratio 6.90 · EPS (TTM) $−0.0200 · Return on equity 9.0% · Return on assets (EBIT) −3.3% (4-year average) · Operating margin −600% · Revenue (TTM) $460K · EPS growth (YoY) −24.8%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (medium confidence).

What moves the price

The share trades about 85% below its 52-week high and 62% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Technology peers we cover trades at 13% fair-value upside, at −28%, IONI screens richer than that median.

Fair Value

Bear $0.0701 Fair Value $0.0935 Bull $0.1168
Price $0.1298 · Downside -28.0%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 25/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 1
How much profit the company makes from its sales and capital
Quality Growth 72
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 50
Debt, balance sheet and risk of trouble
Investment 43
Does it invest with discipline instead of growing at any price?
Low Volatility 0
How calm the share price moves, does not count
Price momentum 18
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 3
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Insider trades

In the last 6 months, no officer or director bought or sold shares on the open market.

Plus one other filing such as a grant, option exercise or tax withholding. It is not a market purchase or sale.

Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.

Source: SEC Form 4, as of Nov 10, 2026. All filings at the SEC ↗

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 16/100
Revenue growth is weak, negative or inconsistent.
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−47.1%
Start year 2020 (pandemic). Over 10 years: −14.0% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−13.1%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
16.2% (2020) → −638.7% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

IONI screens overvalued: fair value 28% below the price. Compare with SAP SE →

Compare I-On Digital Corp with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 723 stocks

Beats the industry median on 3/7 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 25 · Bottom 25%
Fair Value upside −28.0% · Below median
Profitability
Return on equity (12 months) 9.0% · Above median
Return on assets −15.8% · Bottom 25%
Balance sheet
Debt / equity 0.01× · Below median

Valuation Multiplesvs Software - Application median · lower = cheaper

P/B 0.31× · Cheapest 25%
P/S (12 months) 9.62× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 25
FUTURE (revenue growth)0 · sector 40
PAST (return on equity)36 · sector 9
HEALTH (low debt)99 · sector 98
DIVIDEND (yield)0 · sector 28

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Adobe Inc ADBE $236.70 $463.72 +96% vs IONI
Salesforce, Inc CRM $213.48 $342.73 +61% vs IONI
Uber Technologies, Inc UBER $70.05 $101.28 +45% vs IONI
Intuit Inc INTU $340.44 $459.14 +35% vs IONI
ServiceNow, Inc NOW $99.61 $112.17 +13% vs IONI
SAP SE SAP €209.95 €173.59 −17% vs IONI
Cadence Design Systems, Inc CDNS $331.64 $225.48 −32% vs IONI
Automatic Data Processing, Inc ADP $305.44 $150.40 −51% vs IONI
Shopify Inc SHOP $146.61 $64.96 −56% vs IONI
Snowflake Inc SNOW $295.76 $73.81 −75% vs IONI

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Free calculator Peter Lynch Fair Value Formula &…Free calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

I-On Digital Corp: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "I-On Digital Corp Fair Value". https://www.fairvalue-calculator.com/stock/IONI

Frequently asked questions

Is I-On Digital Corp (IONI) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is $0.0935 versus a price of $0.1298, about 28% lower (overvalued).
What is the fair value of IONI?
Our estimate for I-On Digital Corp is $0.0935 (as of Nov 10, 2026), built from audited fundamentals. The current price: $0.1298.
What is the quality score of IONI?
I-On Digital Corp has a Quality Score of 25/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for I-On Digital Corp (IONI)?
Our calculated price target is the estimate of $0.0935 (as of Nov 10, 2026). Cautious scenario $0.0701, optimistic scenario $0.1168. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the I-On Digital Corp stock forecast for 2026?
Our estimate puts fair value at $0.0935, about 28% lower versus a price of $0.1298 (overvalued). Cautious scenario $0.0701, optimistic scenario $0.1168. The calculation is refreshed regularly with new filings.
What is the revenue of I-On Digital Corp (IONI)?
I-On Digital Corp reported trailing-twelve-month revenue of about $460K (latest available figure, as of Nov 10, 2026).
What is the intrinsic value of I-On Digital Corp (IONI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For I-On Digital Corp it is $0.0935 per share (as of Nov 10, 2026), against a price of $0.1298.
Is I-On Digital Corp stock overvalued or undervalued in 2026?
As of Nov 10, 2026, IONI trades above its calculated fair value: price $0.1298, fair value $0.0935, a gap of about −28% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of IONI?
No. The price is what the market pays today ($0.1298); the fair value is what the company's own numbers justify ($0.0935). For I-On Digital Corp the two are $0.0363 per share apart. That gap is exactly why we show both numbers side by side.
How much is I-On Digital Corp worth?
The market values I-On Digital Corp at about $4.4M (market capitalisation, as of Nov 10, 2026). Per share that is $0.1298; our models calculate a fair value of $0.0935 per share.
What do the bullish and bearish scenarios say about IONI?
Our models span a range for I-On Digital Corp: cautious scenario $0.0701, base $0.0935, optimistic $0.1168 per share (as of Nov 10, 2026, price $0.1298). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of I-On Digital Corp (IONI)?
Balance-sheet figures for I-On Digital Corp (as of Nov 10, 2026): return on equity 9.0%, debt of 0.01 per unit of equity. They feed the Quality Score of 25/100, which measures business quality independently of the share price.
How far is IONI from its 52-week high?
I-On Digital Corp trades at $0.1298, about 85% below its 52-week high of $0.8700 and 62% above the low of $0.0800 (as of Nov 10, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0935 is for.
Which stocks are comparable to I-On Digital Corp?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is I-On Digital Corp stock attractive at the current price?
The data as of Nov 10, 2026: price $0.1298, calculated fair value $0.0935 (−28%), Quality Score 25/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. I-On Digital Corp itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of I-On Digital Corp (IONI)?
The closing price on Nov 10, 2026 was $0.1298. Our estimate is $0.0935, about 28% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with I-On Digital Corp right now?
The price sits above even our optimistic bull case ($0.1168). The favourable scenario is already priced in. Weak quality (25/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.

Key figures of I-On Digital Corp

How large is the market capitalisation of I-On Digital Corp (IONI)?
The market capitalisation of I-On Digital Corp is $4.4M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of I-On Digital Corp (IONI)?
The price-to-sales ratio of I-On Digital Corp is 6.90 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of I-On Digital Corp (IONI)?
Earnings per share at I-On Digital Corp are $−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of I-On Digital Corp (IONI)?
The return on equity (ROE) of I-On Digital Corp is 9.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of I-On Digital Corp (IONI)?
On an EBIT basis the return on assets of I-On Digital Corp is −3.3% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of I-On Digital Corp (IONI)?
The operating margin of I-On Digital Corp is −600% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast are earnings growing at I-On Digital Corp (IONI)?
Earnings per share at I-On Digital Corp are growing −24.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does I-On Digital Corp (IONI) generate?
The free cash flow of I-On Digital Corp is −$1.0M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does I-On Digital Corp (IONI) carry?
The net debt of I-On Digital Corp is $392K (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch I-On Digital Corp in the live analysis

One click puts I-On Digital Corp on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.