Cintas Corp (CTAS) is overvalued and RELX Plc ADR (RELX) is slightly overvalued.
Both trade above our estimate of their intrinsic value. RELX is the closer of the two: -8%, against -112% for CTAS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.6% (average of 3 methods) values the shares at $93.81; the price of $198.80 is 112% above that value, and 74% of that value comes from beyond year five.
Leak Score 67/100 on 10 of 12 signals
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $30.61; the price of $32.98 is 8% above that value, and 78% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | CTAS | RELX |
|---|---|---|
| Verdict | Overvalued | Slightly overvalued |
| Price | $198.80 | $32.98 |
| Intrinsic value | $93.81 | $30.61 |
| Margin of safety | -112% | -8% |
| Leak Score | 67/100 (10/12) | 59/100 (3/12) |
| Market cap | $79.7B | $57.4B |
| Revenue growth, 5 years | 9.6% | 6.8% |
| Operating margin | 23.3% | 32.1% |
| Net margin | 17.7% | 23.3% |
| Return on equity | 40.6% | 131.1% |
| Debt to equity | 0.53 | 7.19 |
| P/E | 40.5x | 19.7x |
| Forward P/E | 32.4x | 15.7x |
| P/B | 15.5x | 35.1x |
| Dividend yield | 0.9% | 3.0% |