CVR Energy Inc (CVI) is overvalued and Sunoco LP (SUN) is undervalued.
Against our estimates of intrinsic value, SUN trades at the wider discount: a margin of safety of +21%, against -21% for CVI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.5% (average of 3 methods) values the shares at $42.93; the price of $52.13 is 21% above that value, and 78% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 6.6% (average of 3 methods) values the shares at $92.66; the price of $73.12 is 21% below that value, and 85% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
| Metric | CVI | SUN |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $52.13 | $73.12 |
| Intrinsic value | $42.93 | $92.66 |
| Margin of safety | -21% | +21% |
| Leak Score | 0/100 (3/12) | 56/100 (2/12) |
| Market cap | $5.2B | $15.0B |
| Revenue growth, 5 years | 12.8% | 18.7% |
| Operating margin | 6.8% | 4.9% |
| Net margin | 0.8% | 1.6% |
| Return on equity | 13.9% | 14.5% |
| Debt to equity | 3.43 | 1.78 |
| P/E | 75.9x | 16.0x |
| Forward P/E | 19.1x | 8.0x |
| P/B | 10.0x | 1.5x |
| Dividend yield | 0.7% | 5.5% |