Booz Allen Hamilton Holding Corp (BAH) is undervalued and FTI Consulting Inc (FCN) is slightly undervalued.
Against our estimates of intrinsic value, BAH trades at the wider discount: a margin of safety of +39%, against +13% for FCN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.0% (average of 3 methods) values the shares at $124.45; the price of $76.28 is 39% below that value, and 83% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
Discounting its cash flows at 9.5% (average of 3 methods) values the shares at $155.62; the price of $134.70 is 13% below that value, and 75% of that value comes from beyond year five.
Leak Score 65/100 on 3 of 12 signals
| Metric | BAH | FCN |
|---|---|---|
| Verdict | Undervalued | Slightly undervalued |
| Price | $76.28 | $134.70 |
| Intrinsic value | $124.45 | $155.62 |
| Margin of safety | +39% | +13% |
| Leak Score | 100/100 (3/12) | 65/100 (3/12) |
| Market cap | $9.2B | $3.7B |
| Revenue growth, 5 years | 7.4% | 9.0% |
| Operating margin | 9.7% | 9.7% |
| Net margin | 7.0% | 6.4% |
| Return on equity | 68.1% | 15.6% |
| Debt to equity | 3.46 | 0.95 |
| P/E | 12.0x | 16.3x |
| Forward P/E | 11.3x | 12.3x |
| P/B | 7.6x | 2.8x |
| Dividend yield | 3.2% | — |