Blackrock Inc (BLK) is overvalued and Brookfield Corp (BN) is overvalued.
Both trade above our estimate of their intrinsic value. BLK is the closer of the two: -46%, against -123% for BN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 11.0% (average of 3 methods) values the shares at $729.27; the price of $1066.66 is 46% above that value, and 70% of that value comes from beyond year five.
Leak Score 24/100 on 5 of 12 signals
Discounting its cash flows at 6.5% (average of 2 methods) values the shares at $16.94; the price of $37.85 is 123% above that value, and 85% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | BLK | BN |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $1066.66 | $37.85 |
| Intrinsic value | $729.27 | $16.94 |
| Margin of safety | -46% | -123% |
| Leak Score | 24/100 (5/12) | 0/100 (3/12) |
| Market cap | $173.3B | $84.5B |
| Revenue growth, 5 years | 8.0% | 4.0% |
| Operating margin | 34.0% | 24.9% |
| Net margin | 23.8% | 1.6% |
| Return on equity | 12.3% | 3.1% |
| Debt to equity | 0.26 | 5.77 |
| P/E | 26.5x | 70.5x |
| Forward P/E | 16.6x | 11.2x |
| P/B | 3.0x | 2.0x |
| Dividend yield | 2.1% | 0.8% |