Aramark (ARMK) is overvalued and UL Solutions Inc (ULS) is overvalued.
Both trade above our estimate of their intrinsic value. ULS is the closer of the two: -56%, against -73% for ARMK.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.8% (average of 2 methods) values the shares at $32.78; the price of $56.59 is 73% above that value, and 77% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
Discounting its cash flows at 8.6% (average of 3 methods) values the shares at $42.69; the price of $66.65 is 56% above that value, and 77% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | ARMK | ULS |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $56.59 | $66.65 |
| Intrinsic value | $32.78 | $42.69 |
| Margin of safety | -73% | -56% |
| Leak Score | 14/100 (3/12) | 59/100 (3/12) |
| Market cap | $14.9B | $13.5B |
| Revenue growth, 5 years | 7.6% | 5.8% |
| Operating margin | 4.4% | 19.0% |
| Net margin | 1.9% | 16.0% |
| Return on equity | 11.8% | 37.5% |
| Debt to equity | 1.91 | 0.30 |
| P/E | 39.5x | 26.9x |
| Forward P/E | 20.1x | 25.7x |
| P/B | 4.4x | 8.4x |
| Dividend yield | 0.9% | 0.9% |