Carrier Global Corp (CARR) is overvalued and Masco Corp (MAS) is slightly overvalued.
Both trade above our estimate of their intrinsic value. MAS is the closer of the two: -15%, against -77% for CARR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $31.24; the price of $55.26 is 77% above that value, and 73% of that value comes from beyond year five.
Leak Score 45/100 on 9 of 12 signals
Discounting its cash flows at 9.8% (average of 3 methods) values the shares at $60.63; the price of $69.96 is 15% above that value, and 73% of that value comes from beyond year five.
Leak Score 44/100 on 2 of 12 signals
| Metric | CARR | MAS |
|---|---|---|
| Verdict | Overvalued | Slightly overvalued |
| Price | $55.26 | $69.96 |
| Intrinsic value | $31.24 | $60.63 |
| Margin of safety | -77% | -15% |
| Leak Score | 45/100 (9/12) | 44/100 (2/12) |
| Market cap | $45.6B | $13.8B |
| Revenue growth, 5 years | 4.5% | 1.0% |
| Operating margin | 8.2% | 17.7% |
| Net margin | 5.4% | 11.6% |
| Return on equity | 8.4% | — |
| Debt to equity | 0.94 | — |
| P/E | 38.9x | 16.1x |
| Forward P/E | 16.7x | 15.0x |
| P/B | 3.5x | — |
| Dividend yield | 1.7% | 1.8% |