CSX Corp (CSX) is overvalued and Trinity Industries Inc (TRN) is slightly overvalued.
Both trade above our estimate of their intrinsic value. TRN is the closer of the two: -16%, against -94% for CSX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.3% (average of 3 methods) values the shares at $24.06; the price of $46.59 is 94% above that value, and 71% of that value comes from beyond year five.
Leak Score 31/100 on 10 of 12 signals
Discounting its cash flows at 7.1% (average of 3 methods) values the shares at $23.92; the price of $27.82 is 16% above that value, and 83% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | CSX | TRN |
|---|---|---|
| Verdict | Overvalued | Slightly overvalued |
| Price | $46.59 | $27.82 |
| Intrinsic value | $24.06 | $23.92 |
| Margin of safety | -94% | -16% |
| Leak Score | 31/100 (10/12) | 14/100 (3/12) |
| Market cap | $86.3B | $2.2B |
| Revenue growth, 5 years | 5.9% | 4.3% |
| Operating margin | 35.3% | 15.2% |
| Net margin | 22.2% | 16.6% |
| Return on equity | 24.4% | 32.4% |
| Debt to equity | 1.37 | 4.57 |
| P/E | 26.9x | 6.7x |
| Forward P/E | 20.5x | 12.5x |
| P/B | 6.1x | 1.9x |
| Dividend yield | 1.2% | 4.5% |