Apple Hospitality REIT Inc (APLE) is slightly undervalued and Host Hotels & Resorts Inc (HST) is undervalued.
Against our estimates of intrinsic value, HST trades at the wider discount: a margin of safety of +34%, against +14% for APLE.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $18.37; the price of $15.78 is 14% below that value, and 79% of that value comes from beyond year five.
Leak Score 30/100 on 2 of 12 signals
Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $33.67; the price of $22.28 is 34% below that value, and 78% of that value comes from beyond year five.
Leak Score 68/100 on 3 of 12 signals
| Metric | APLE | HST |
|---|---|---|
| Verdict | Slightly undervalued | Undervalued |
| Price | $15.78 | $22.28 |
| Intrinsic value | $18.37 | $33.67 |
| Margin of safety | +14% | +34% |
| Leak Score | 30/100 (2/12) | 68/100 (3/12) |
| Market cap | $3.7B | $15.3B |
| Revenue growth, 5 years | 18.6% | 30.4% |
| Operating margin | 17.8% | 14.4% |
| Net margin | 12.2% | 16.5% |
| Return on equity | 5.5% | 15.8% |
| Debt to equity | 0.51 | 0.88 |
| P/E | 21.3x | 14.9x |
| Forward P/E | 21.3x | 20.9x |
| P/B | 1.2x | 2.4x |
| Dividend yield | 6.1% | 7.0% |