Columbia Sportswear Co (COLM) is slightly undervalued and Gildan Activewear Inc (GIL) is overvalued.
Against our estimates of intrinsic value, COLM trades at the wider discount: a margin of safety of +10%, against -65% for GIL.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.2% (average of 3 methods) values the shares at $64.79; the price of $58.43 is 10% below that value, and 75% of that value comes from beyond year five.
Leak Score 43/100 on 3 of 12 signals
Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $28.45; the price of $47.01 is 65% above that value, and 78% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | COLM | GIL |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $58.43 | $47.01 |
| Intrinsic value | $64.79 | $28.45 |
| Margin of safety | +10% | -65% |
| Leak Score | 43/100 (3/12) | 0/100 (3/12) |
| Market cap | $3.0B | $8.7B |
| Revenue growth, 5 years | 6.3% | 12.8% |
| Operating margin | 7.6% | 15.2% |
| Net margin | 6.0% | 1.3% |
| Return on equity | 12.7% | 8.7% |
| Debt to equity | 0.29 | 1.45 |
| P/E | 15.2x | 88.7x |
| Forward P/E | 13.9x | 8.4x |
| P/B | 1.9x | 2.6x |
| Dividend yield | 2.0% | 2.1% |