DeFi Technologies Inc. (DEFT)
Financials · NCM
Price as at 30 Sept 2026, 17:29 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
DeFi Technologies Inc. trades at $0.48, which is 40% below the $0.68 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 75 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 5.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
DEFT earnings and analyst estimates
Recommendation mix, 6 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About DeFi Technologies Inc.
DeFi Technologies Inc., a technology company, develops exchange traded products that synthetically track the value of a single DeFi protocol or a basket of protocols in Canada. It provides asset management services, such as indirect exposure to underlying digital assets, digital asset indexes, or other decentralized finance instruments. The company is also involved in early-stage investments in companies, banks, and foundations in the digital asset space; operation of specialized trading desk that focuses on opportunistic trading and arbitrage across the digital asset ecosystem; private research that produces research reports on digital assets; and provision of OTC desk and digital asset liquidity. The company was formerly known as Valour Inc. and changed its name to DeFi Technologies Inc. in July 2023. DeFi Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
DEFT passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
3 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Israel Englander, MILLENNIUM MANAGEMENT LLC$236.5K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$106.9K · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$82.5K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
DEFT peers
The largest companies in the same industry (Capital Markets), then in the same sector.
- NMR Nomura Holdings, Inc.
- LPLA LPL Financial Holdings Inc.
- IREN IREN Limited
- EVR Evercore Inc.
- HUT Hut 8 Corp.
- SF Stifel Financial Corporation
- SOL.AX WHSP Holdings Limited
- BMNR Bitmine Immersion Technologies, Inc.
Every financials company we cover is on the Financials hub.
Common questions
Is DeFi Technologies Inc. (DEFT) undervalued?
Against our fair value estimate of $0.68, DEFT at $0.48 is 40% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own DEFT?
3 of the institutions we track reported a position in DEFT in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is DEFT's P/E ratio?
DEFT trades at 5.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its DEFT data?
Fundamentals for DEFT come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 17:29 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for DEFT, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.