Brunswick Corp (BC) is overvalued and Patrick Industries Inc (PATK) is fairly valued.
Against our estimates of intrinsic value, PATK trades at the wider discount: a margin of safety of +4%, against -173% for BC.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.2% (average of 2 methods) values the shares at $24.36; the price of $66.59 is 173% above that value, and 75% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $74.07; the price of $71.06 is 4% below that value, and 79% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | BC | PATK |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $66.59 | $71.06 |
| Intrinsic value | $24.36 | $74.07 |
| Margin of safety | -173% | +4% |
| Leak Score | 0/100 (2/12) | 14/100 (3/12) |
| Market cap | $4.3B | $2.3B |
| Revenue growth, 5 years | 4.3% | 9.7% |
| Operating margin | 5.9% | 7.0% |
| Net margin | -1.5% | 3.7% |
| Return on equity | -4.8% | 13.0% |
| Debt to equity | 1.36 | 1.46 |
| P/E | — | 16.9x |
| Forward P/E | 12.3x | 13.5x |
| P/B | 2.6x | 2.0x |
| Dividend yield | 2.6% | 2.6% |