Envela Corp (ELA) is undervalued and Movado Group Inc (MOV) is slightly overvalued.
Against our estimates of intrinsic value, ELA trades at the wider discount: a margin of safety of +43%, against -8% for MOV.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.7% (average of 3 methods) values the shares at $22.49; the price of $12.84 is 43% below that value, and 82% of that value comes from beyond year five.
Leak Score 80/100 on 10 of 12 signals
Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $30.89; the price of $33.28 is 8% above that value, and 75% of that value comes from beyond year five.
Leak Score 37/100 on 7 of 12 signals
| Metric | ELA | MOV |
|---|---|---|
| Verdict | Undervalued | Slightly overvalued |
| Price | $12.84 | $33.28 |
| Intrinsic value | $22.49 | $30.89 |
| Margin of safety | +43% | -8% |
| Leak Score | 80/100 (10/12) | 37/100 (7/12) |
| Market cap | $333M | $531M |
| Revenue growth, 5 years | 16.2% | 5.5% |
| Operating margin | 9.6% | 7.1% |
| Net margin | 7.6% | 6.0% |
| Return on equity | 32.5% | 8.3% |
| Debt to equity | 0.24 | 0.13 |
| P/E | 14.9x | 18.4x |
| Forward P/E | 20.2x | 14.3x |
| P/B | 4.2x | 1.5x |
| Dividend yield | — | 4.5% |