Amer Sports Inc (AS) is slightly overvalued and Life Time Group Holdings Inc (LTH) is fairly valued.
Against our estimates of intrinsic value, LTH trades at the wider discount: a margin of safety of +3%, against -15% for AS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 12.9% (average of 3 methods) values the shares at $24.00; the price of $27.65 is 15% above that value, and 66% of that value comes from beyond year five.
Leak Score 27/100 on 3 of 12 signals
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $39.20; the price of $38.19 is 3% below that value, and 76% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | AS | LTH |
|---|---|---|
| Verdict | Slightly overvalued | Fairly valued |
| Price | $27.65 | $38.19 |
| Intrinsic value | $24.00 | $39.20 |
| Margin of safety | -15% | +3% |
| Leak Score | 27/100 (3/12) | 14/100 (3/12) |
| Market cap | $16.1B | $8.5B |
| Revenue growth, 5 years | 21.8% | 25.9% |
| Operating margin | 12.9% | 17.2% |
| Net margin | 7.3% | 13.0% |
| Return on equity | 8.8% | 13.4% |
| Debt to equity | 0.16 | 1.29 |
| P/E | 28.9x | 20.9x |
| Forward P/E | 16.9x | 20.9x |
| P/B | 2.3x | 2.6x |