Walt Disney Co (DIS) is slightly overvalued and Netflix Inc (NFLX) is overvalued.
Both trade above our estimate of their intrinsic value. DIS is the closer of the two: -17%, against -23% for NFLX.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.6% (average of 3 methods) values the shares at $88.86; the price of $103.82 is 17% above that value, and 71% of that value comes from beyond year five.
Leak Score 50/100 on 10 of 12 signals
Discounting its cash flows at 11.9% (average of 3 methods) values the shares at $58.62; the price of $72.16 is 23% above that value, and 68% of that value comes from beyond year five.
Leak Score 67/100 on 10 of 12 signals
| Metric | DIS | NFLX |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $103.82 | $72.16 |
| Intrinsic value | $88.86 | $58.62 |
| Margin of safety | -17% | -23% |
| Leak Score | 50/100 (10/12) | 67/100 (10/12) |
| Market cap | $179.3B | $300.5B |
| Revenue growth, 5 years | 7.7% | 12.6% |
| Operating margin | 15.4% | 30.3% |
| Net margin | 8.7% | 28.0% |
| Return on equity | 7.8% | 49.5% |
| Debt to equity | 0.42 | 0.55 |
| P/E | 21.4x | 22.7x |
| Forward P/E | 13.8x | 19.0x |
| P/B | 1.6x | 10.0x |
| Dividend yield | 1.3% | — |