Casey's General Stores Inc (CASY) is overvalued and Williams-Sonoma Inc (WSM) is overvalued.
Both trade above our estimate of their intrinsic value. CASY is the closer of the two: -35%, against -96% for WSM.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $432.79; the price of $584.83 is 35% above that value, and 79% of that value comes from beyond year five.
Leak Score 76/100 on 9 of 12 signals
Discounting its cash flows at 11.3% (average of 3 methods) values the shares at $118.54; the price of $232.69 is 96% above that value, and 68% of that value comes from beyond year five.
Leak Score 71/100 on 9 of 12 signals
| Metric | CASY | WSM |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $584.83 | $232.69 |
| Intrinsic value | $432.79 | $118.54 |
| Margin of safety | -35% | -96% |
| Leak Score | 76/100 (9/12) | 71/100 (9/12) |
| Market cap | $21.6B | $27.4B |
| Revenue growth, 5 years | 18.1% | 2.9% |
| Operating margin | 5.9% | 19.2% |
| Net margin | 4.1% | 14.7% |
| Return on equity | 20.0% | 55.0% |
| Debt to equity | 0.71 | 0.71 |
| P/E | 28.2x | 23.8x |
| Forward P/E | 24.9x | 22.1x |
| P/B | 5.3x | 12.8x |
| Dividend yield | 0.5% | 1.3% |