Brunswick Corp (BC) is overvalued and Polaris Inc (PII) is overvalued.
Both trade above our estimate of their intrinsic value. BC is the closer of the two: -173%, against -836% for PII.
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 8.8% values the shares at $5.76; the price of $53.97 is 836% above that value.
Leak Score 0/100 on 2 of 12 signals
| Metric | BC | PII |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $66.59 | $53.97 |
| Intrinsic value | $24.36 | $5.76 |
| Margin of safety | -173% | -836% |
| Leak Score | 0/100 (2/12) | 0/100 (2/12) |
| Market cap | $4.3B | $3.1B |
| Revenue growth, 5 years | 4.3% | 0.3% |
| Operating margin | 5.9% | 1.8% |
| Net margin | -1.5% | -3.5% |
| Return on equity | -4.8% | -25.8% |
| Debt to equity | 1.36 | 2.46 |
| Forward P/E | 12.3x | 15.8x |
| P/B | 2.6x | 3.7x |
| Dividend yield | 2.6% | 5.0% |