Crown Holdings Inc (CCK) is undervalued and Smurfit WestRock plc (SW) is overvalued.
Against our estimates of intrinsic value, CCK trades at the wider discount: a margin of safety of +33%, against -27% for SW.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.3% (average of 3 methods) values the shares at $163.13; the price of $109.64 is 33% below that value, and 82% of that value comes from beyond year five.
Leak Score 70/100 on 3 of 12 signals
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $36.68; the price of $46.45 is 27% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | CCK | SW |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $109.64 | $46.45 |
| Intrinsic value | $163.13 | $36.68 |
| Margin of safety | +33% | -27% |
| Leak Score | 70/100 (3/12) | 0/100 (2/12) |
| Market cap | $11.9B | $24.3B |
| Revenue growth, 5 years | 5.7% | 26.2% |
| Operating margin | 12.8% | 5.8% |
| Net margin | 5.9% | 1.6% |
| Return on equity | 27.2% | 2.7% |
| Debt to equity | 2.19 | 0.79 |
| P/E | 15.8x | 49.4x |
| Forward P/E | 12.1x | 13.3x |
| P/B | 4.3x | 1.4x |
| Dividend yield | 1.3% | 4.0% |