Walt Disney Co (DIS) is slightly overvalued and TKO Group Holdings Inc (TKO) is overvalued.
Both trade above our estimate of their intrinsic value. DIS is the closer of the two: -17%, against -43% for TKO.
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 8.6% (average of 3 methods) values the shares at $131.98; the price of $188.87 is 43% above that value, and 79% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
| Metric | DIS | TKO |
|---|---|---|
| Verdict | Slightly overvalued | Overvalued |
| Price | $103.82 | $188.87 |
| Intrinsic value | $88.86 | $131.98 |
| Margin of safety | -17% | -43% |
| Leak Score | 50/100 (10/12) | 0/100 (3/12) |
| Market cap | $179.3B | $35.7B |
| Revenue growth, 5 years | 7.7% | 37.2% |
| Operating margin | 15.4% | 21.9% |
| Net margin | 8.7% | 4.3% |
| Return on equity | 7.8% | 6.0% |
| Debt to equity | 0.42 | 1.46 |
| P/E | 21.4x | 65.3x |
| Forward P/E | 13.8x | 34.5x |
| P/B | 1.6x | 4.1x |
| Dividend yield | 1.3% | 0.8% |