AGCO Corp (AGCO) is overvalued and CNH Industrial NV (CNH) is overvalued.
Both trade above our estimate of their intrinsic value. AGCO is the closer of the two: -42%, against -308% for CNH.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $85.17; the price of $120.65 is 42% above that value, and 76% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 7.5% (average of 3 methods) values the shares at $3.35; the price of $13.67 is 308% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | AGCO | CNH |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $120.65 | $13.67 |
| Intrinsic value | $85.17 | $3.35 |
| Margin of safety | -42% | -308% |
| Leak Score | 27/100 (3/12) | 0/100 (3/12) |
| Market cap | $8.4B | $16.9B |
| Revenue growth, 5 years | 2.0% | -7.0% |
| Operating margin | 6.6% | 13.3% |
| Net margin | 5.2% | 1.7% |
| Return on equity | 12.9% | 4.0% |
| Debt to equity | 0.70 | 3.39 |
| P/E | 16.7x | 54.8x |
| Forward P/E | 16.5x | 20.7x |
| P/B | 2.1x | 2.2x |
| Dividend yield | 1.0% | 1.1% |