Compass Inc (COMP) is overvalued and Cushman & Wakefield Ltd (CWK) is undervalued.
Against our estimates of intrinsic value, CWK trades at the wider discount: a margin of safety of +25%, against -30% for COMP.
Values as of the 22 Sept 2026 close.
A 0.9x revenue multiple, discounted for its losses, values the shares at $7.43; the price of $9.67 is 30% above that value.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 8.5% (average of 2 methods) values the shares at $17.06; the price of $12.86 is 25% below that value, and 78% of that value comes from beyond year five.
Leak Score 41/100 on 3 of 12 signals
| Metric | COMP | CWK |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $9.67 | $12.86 |
| Intrinsic value | $7.43 | $17.06 |
| Margin of safety | -30% | +25% |
| Leak Score | 0/100 (3/12) | 41/100 (3/12) |
| Market cap | $7.4B | $3.0B |
| Revenue growth, 5 years | 13.4% | 5.6% |
| Operating margin | -0.2% | 3.8% |
| Net margin | 0.6% | 0.6% |
| Return on equity | 3.6% | 3.5% |
| Debt to equity | 1.38 | 1.50 |
| P/E | 181.4x | 44.3x |
| Forward P/E | 37.4x | 7.5x |
| P/B | 2.5x | 1.5x |