Carpenter Technology Corp (CRS) is overvalued and Worthington Enterprises Inc (WOR) is overvalued.
Both trade above our estimate of their intrinsic value. CRS is the closer of the two: -112%, against -1185% for WOR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.7% (average of 3 methods) values the shares at $188.36; the price of $400.02 is 112% above that value, and 71% of that value comes from beyond year five.
Leak Score 65/100 on 10 of 12 signals
Discounting its cash flows at 10.5% (average of 2 methods) values the shares at $4.59; the price of $58.94 is 1185% above that value, and 68% of that value comes from beyond year five.
Leak Score 43/100 on 3 of 12 signals
| Metric | CRS | WOR |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $400.02 | $58.94 |
| Intrinsic value | $188.36 | $4.59 |
| Margin of safety | -112% | -1185% |
| Leak Score | 65/100 (10/12) | 43/100 (3/12) |
| Market cap | $19.8B | $2.9B |
| Revenue growth, 5 years | 16.2% | -15.3% |
| Operating margin | 22.5% | 5.9% |
| Net margin | 16.9% | 11.3% |
| Return on equity | 25.7% | 15.9% |
| Debt to equity | 0.33 | 0.34 |
| P/E | 38.0x | 18.8x |
| Forward P/E | 25.1x | 14.4x |
| P/B | 8.9x | 2.8x |
| Dividend yield | 0.2% | 1.4% |