Envela Corp (ELA) is undervalued and Signet Jewelers Ltd (SIG) is undervalued.
Against our estimates of intrinsic value, ELA trades at the wider discount: a margin of safety of +43%, against +27% for SIG.
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 9.2% (average of 3 methods) values the shares at $137.56; the price of $100.42 is 27% below that value, and 75% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
| Metric | ELA | SIG |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $12.84 | $100.42 |
| Intrinsic value | $22.49 | $137.56 |
| Margin of safety | +43% | +27% |
| Leak Score | 80/100 (10/12) | 100/100 (3/12) |
| Market cap | $333M | $3.8B |
| Revenue growth, 5 years | 16.2% | 5.5% |
| Operating margin | 9.6% | 7.4% |
| Net margin | 7.6% | 5.2% |
| Return on equity | 32.5% | 19.9% |
| Debt to equity | 0.24 | 0.67 |
| P/E | 14.9x | 11.6x |
| Forward P/E | 20.2x | 7.3x |
| P/B | 4.2x | 2.1x |
| Dividend yield | — | 1.4% |