CRA International Inc (CRAI) is slightly undervalued and FTI Consulting Inc (FCN) is slightly undervalued.
Against our estimates of intrinsic value, CRAI trades at the wider discount: a margin of safety of +15%, against +13% for FCN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $186.19; the price of $158.74 is 15% below that value, and 80% of that value comes from beyond year five.
Leak Score 74/100 on 9 of 12 signals
Discounting its cash flows at 9.5% (average of 3 methods) values the shares at $155.62; the price of $134.70 is 13% below that value, and 75% of that value comes from beyond year five.
Leak Score 65/100 on 3 of 12 signals
| Metric | CRAI | FCN |
|---|---|---|
| Verdict | Slightly undervalued | Slightly undervalued |
| Price | $158.74 | $134.70 |
| Intrinsic value | $186.19 | $155.62 |
| Margin of safety | +15% | +13% |
| Leak Score | 74/100 (9/12) | 65/100 (3/12) |
| Market cap | $996M | $3.7B |
| Revenue growth, 5 years | 8.1% | 9.0% |
| Operating margin | 10.0% | 9.7% |
| Net margin | 6.2% | 6.4% |
| Return on equity | 26.0% | 15.6% |
| Debt to equity | 1.67 | 0.95 |
| P/E | 21.1x | 16.3x |
| Forward P/E | 16.6x | 12.3x |
| P/B | 5.5x | 2.8x |
| Dividend yield | 1.4% | — |