Arm Holdings Plc ADR (ARM) is overvalued and SK Hynix Inc ADR (SKHY) is slightly undervalued.
Against our estimates of intrinsic value, SKHY trades at the wider discount: a margin of safety of +14%, against -630% for ARM.
Values as of the 22 Sept 2026 close.
A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $45.67; the price of $333.20 is 630% above that value.
Leak Score 43/100 on 3 of 12 signals
A 12.5x revenue multiple, adjusted for growth and margin, values the shares at $226.78; the price of $195.37 is 14% below that value.
Leak Score 81/100 on 3 of 12 signals
| Metric | ARM | SKHY |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $333.20 | $195.37 |
| Intrinsic value | $45.67 | $226.78 |
| Margin of safety | -630% | +14% |
| Leak Score | 43/100 (3/12) | 81/100 (3/12) |
| Market cap | $355.9B | $1.42T |
| Revenue growth, 5 years | 19.4% | 20.4% |
| Operating margin | 17.3% | 67.8% |
| Net margin | 20.3% | 85.0% |
| Return on equity | 13.4% | 93.7% |
| Debt to equity | 0.06 | 0.08 |
| P/E | 341.8x | 12.7x |
| Forward P/E | 108.7x | 5.8x |
| P/B | 41.2x | 8.2x |
| Dividend yield | — | 0.3% |