Simon Seojoon Kim, CEO of South Korea-based crypto investment company Hashed, shared the latest data from his valuation tool, which measures Ethereum’s fair value using multiple indicators.
The tool consists of a combination of 12 separate models that calculate Ethereum’s intrinsic value using different methodologies.
According to ETHval data, while Ethereum’s current price is $3,330.6, the composite fair value (all 12 models) is calculated at $6,002.1. This indicates that, according to the model, Ethereum is trading approximately 80% “undervalued” compared to its current price.
Some models in the tool indicate that Ethereum is significantly undervalued. For example, the Metcalfe’s Law model calculates Ethereum’s fair value at $10,820, the staking DCF model at $9,991, and the Ecosystem Settlement (MV=PQ) model at $18,994. In contrast, models like the P/S Ratio (25x) and Fee Yield suggest that the current price may remain high according to some short-term income metrics.
When all these different approaches are averaged, the median value is $4,744.6, while the compound fair value is $6,002.1.
However, some of the models argue that much lower prices for ETH, such as $1,485, $21.2, and $12.9, would be fair.
*This is not investment advice.
