DoorDash Inc (DASH) is overvalued and EBay Inc (EBAY) is overvalued.
Both trade above our estimate of their intrinsic value. EBAY is the closer of the two: -78%, against -207% for DASH.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 12.8% (average of 3 methods) values the shares at $62.57; the price of $192.21 is 207% above that value, and 66% of that value comes from beyond year five.
Leak Score 53/100 on 7 of 12 signals
Discounting its cash flows at 10.8% (average of 3 methods) values the shares at $61.38; the price of $109.28 is 78% above that value, and 70% of that value comes from beyond year five.
Leak Score 41/100 on 9 of 12 signals
| Metric | DASH | EBAY |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $192.21 | $109.28 |
| Intrinsic value | $62.57 | $61.38 |
| Margin of safety | -207% | -78% |
| Leak Score | 53/100 (7/12) | 41/100 (9/12) |
| Market cap | $83.3B | $48.6B |
| Revenue growth, 5 years | 36.6% | 4.6% |
| Operating margin | 5.5% | 21.4% |
| Net margin | 5.3% | 18.4% |
| Return on equity | 8.9% | 46.4% |
| Debt to equity | 0.33 | 1.53 |
| P/E | 100.9x | 22.6x |
| Forward P/E | 40.9x | 16.2x |
| P/B | 8.4x | 10.4x |
| Dividend yield | — | 1.1% |