Salesforce Inc (CRM) is undervalued and Uber Technologies Inc (UBER) is undervalued.
Against our estimates of intrinsic value, UBER trades at the wider discount: a margin of safety of +70%, against +55% for CRM.
Values as of the 22 Sept 2026 close.
A 9.7x revenue multiple, adjusted for growth and margin, values the shares at $513.01; the price of $233.28 is 55% below that value.
Leak Score 75/100 on 9 of 12 signals
A 8.8x revenue multiple, adjusted for growth and margin, values the shares at $236.26; the price of $69.89 is 70% below that value.
Leak Score 75/100 on 10 of 12 signals
| Metric | CRM | UBER |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $233.28 | $69.89 |
| Intrinsic value | $513.01 | $236.26 |
| Margin of safety | +55% | +70% |
| Leak Score | 75/100 (9/12) | 75/100 (10/12) |
| Market cap | $192.0B | $142.8B |
| Revenue growth, 5 years | 14.3% | 36.1% |
| Operating margin | 21.5% | 13.3% |
| Net margin | 22.0% | 17.3% |
| Return on equity | 19.4% | 38.4% |
| Debt to equity | 1.10 | 0.54 |
| P/E | 21.3x | 15.4x |
| Forward P/E | 14.5x | 15.8x |
| P/B | 5.0x | 5.2x |
| Dividend yield | 0.5% | — |