The Journal · July 25, 2026 · engine v0.1.0

The ledger week — 2026-07-25

Fair values that moved

New filings landed; the flagship DCF re-read them. A moved value is a business that changed, not a price that wiggled.

BGMBGM Group Ltd.$2.12 → $0.10 (-95%)
CAGCONAGRA BRANDS INC.$30.07 → $58.28 (+94%)
CAPSCapstone Holding Corp.$0.11 → $0.01 (-91%)
RPMRPM INTERNATIONAL INC/DE/$96.27 → $170.76 (+77%)
LBTYALiberty Global Ltd.$1.39 → $0.48 (-65%)
FDXFEDEX CORP$118.41 → $46.22 (-61%)
IMMRIMMERSION CORP$7.18 → $11.51 (+60%)
IPINTERNATIONAL PAPER CO /NEW/$0.68 → $0.30 (-56%)
TNLTravel & Leisure Co.$3.01 → $1.42 (-53%)
NKENIKE, Inc.$48.90 → $25.72 (-47%)
GPCGENUINE PARTS CO$3.21 → $1.84 (-43%)
REXRRexford Industrial Realty, Inc.$0.67 → $0.39 (-42%)
New to the ledger (38)

First filings processed, first values published.

NSARONSTAR ELECTRIC COentered coverage
TAP-AMOLSON COORS BEVERAGE COentered coverage
CPTPCAPITAL PROPERTIES INC /RI/entered coverage
FZMDFuse Medical, Inc.entered coverage
TPHSTrinity Place Holdings Inc.entered coverage
LAWILLight & Wonder, Inc.entered coverage
TEFOFTELEFONICA S Aentered coverage
SFDLSECURITY FEDERAL CORPentered coverage
RMTHFMAGIC SOFTWARE ENTERPRISES LTDentered coverage
WBHCWILSON BANK HOLDING COentered coverage
GLBZGLEN BURNIE BANCORPentered coverage
PREJFPARTNERRE LTDentered coverage
Where the model changed its mind

The flagship DCF valued these last week and refuses now — a guard fired on the new numbers. The company page says why.

FEIMFREQUENCY ELECTRONICS INCnow: not applicable
HIHOHIGHWAY HOLDINGS LTDnow: not applicable
PKPark Hotels & Resorts Inc.now: not applicable
PRMBPrimo Brands Corpnow: not applicable

Every finding above is computed by the same deterministic engine that runs the site — no hand-picked stocks, no takes. Click through to a company page for the numbers and the filings they came from.