Darling Ingredients Inc (DAR) is overvalued and General Mills Inc (GIS) is overvalued.
Both trade above our estimate of their intrinsic value. DAR is the closer of the two: -40%, against -1087% for GIS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.7% (average of 3 methods) values the shares at $43.98; the price of $61.63 is 40% above that value, and 77% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
Discounting its cash flows at 7.8% (average of 2 methods) values the shares at $2.99; the price of $35.45 is 1087% above that value, and 79% of that value comes from beyond year five.
Leak Score 23/100 on 8 of 12 signals
| Metric | DAR | GIS |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $61.63 | $35.45 |
| Intrinsic value | $43.98 | $2.99 |
| Margin of safety | -40% | -1087% |
| Leak Score | 14/100 (3/12) | 23/100 (8/12) |
| Market cap | $9.7B | $19.0B |
| Revenue growth, 5 years | 11.4% | 0.3% |
| Operating margin | 8.9% | 15.3% |
| Net margin | 9.1% | -0.5% |
| Return on equity | 12.1% | -1.1% |
| Debt to equity | 0.80 | 1.89 |
| P/E | 16.6x | — |
| Forward P/E | 10.1x | 11.1x |
| P/B | 1.9x | 2.6x |
| Dividend yield | — | 6.9% |