Albertsons Companies Inc (ACI) is slightly undervalued and Grocery Outlet Holding Corp (GO) is overvalued.
Against our estimates of intrinsic value, ACI trades at the wider discount: a margin of safety of +14%, against -31% for GO.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.0% (average of 2 methods) values the shares at $14.03; the price of $12.07 is 14% below that value.
Leak Score 30/100 on 2 of 12 signals
Its through-the-cycle earnings (2.7% median margin), capitalised at 7.8% with no growth, values the shares at $8.78; the price of $11.49 is 31% above that value.
Leak Score 27/100 on 8 of 12 signals
| Metric | ACI | GO |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $12.07 | $11.49 |
| Intrinsic value | $14.03 | $8.78 |
| Margin of safety | +14% | -31% |
| Leak Score | 30/100 (2/12) | 27/100 (8/12) |
| Market cap | $5.9B | $1.1B |
| Revenue growth, 5 years | 3.6% | 8.4% |
| Operating margin | 2.0% | 4.5% |
| Net margin | 0.1% | -8.0% |
| Return on equity | 2.7% | -38.1% |
| Debt to equity | 9.74 | 2.27 |
| P/E | 161.4x | — |
| Forward P/E | — | 17.2x |
| P/B | 3.7x | 1.4x |
| Dividend yield | 4.5% | — |