ATI Inc (ATI) is overvalued and Worthington Enterprises Inc (WOR) is overvalued.
Both trade above our estimate of their intrinsic value. ATI is the closer of the two: -228%, against -1185% for WOR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $56.85; the price of $186.56 is 228% above that value, and 74% of that value comes from beyond year five.
Leak Score 69/100 on 10 of 12 signals
Discounting its cash flows at 10.5% (average of 2 methods) values the shares at $4.59; the price of $58.94 is 1185% above that value, and 68% of that value comes from beyond year five.
Leak Score 43/100 on 3 of 12 signals
| Metric | ATI | WOR |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $186.56 | $58.94 |
| Intrinsic value | $56.85 | $4.59 |
| Margin of safety | -228% | -1185% |
| Leak Score | 69/100 (10/12) | 43/100 (3/12) |
| Market cap | $25.4B | $2.9B |
| Revenue growth, 5 years | 9.0% | -15.3% |
| Operating margin | 16.0% | 5.9% |
| Net margin | 10.1% | 11.3% |
| Return on equity | 26.3% | 15.9% |
| Debt to equity | 1.17 | 0.34 |
| P/E | 54.5x | 18.8x |
| Forward P/E | 29.8x | 14.4x |
| P/B | 13.5x | 2.8x |
| Dividend yield | — | 1.4% |