CRH Plc (CRH) is undervalued and Vulcan Materials Co (VMC) is overvalued.
Against our estimates of intrinsic value, CRH trades at the wider discount: a margin of safety of +21%, against -60% for VMC.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.1% (average of 3 methods) values the shares at $112.05; the price of $88.04 is 21% below that value, and 72% of that value comes from beyond year five.
Leak Score 53/100 on 6 of 12 signals
Discounting its cash flows at 9.5% (average of 3 methods) values the shares at $155.27; the price of $247.87 is 60% above that value, and 74% of that value comes from beyond year five.
Leak Score 57/100 on 10 of 12 signals
| Metric | CRH | VMC |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $88.04 | $247.87 |
| Intrinsic value | $112.05 | $155.27 |
| Margin of safety | +21% | -60% |
| Leak Score | 53/100 (6/12) | 57/100 (10/12) |
| Market cap | $58.6B | $32.1B |
| Revenue growth, 5 years | 6.3% | 10.3% |
| Operating margin | 14.1% | 20.7% |
| Net margin | 9.9% | 13.8% |
| Return on equity | 16.4% | 13.2% |
| Debt to equity | 0.82 | 0.58 |
| P/E | 15.5x | 29.3x |
| Forward P/E | 13.4x | 23.4x |
| P/B | 2.3x | 3.8x |
| Dividend yield | 1.8% | 0.9% |