Figs Inc (FIGS) is overvalued and VF Corp (VFC) is overvalued.
Both trade above our estimate of their intrinsic value. VFC is the closer of the two: -45%, against -280% for FIGS.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 10.4% (average of 3 methods) values the shares at $5.12; the price of $19.45 is 280% above that value, and 72% of that value comes from beyond year five.
Leak Score 49/100 on 9 of 12 signals
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $11.84; the price of $17.14 is 45% above that value, and 73% of that value comes from beyond year five.
Leak Score 37/100 on 12 of 12 signals
| Metric | FIGS | VFC |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $19.45 | $17.14 |
| Intrinsic value | $5.12 | $11.84 |
| Margin of safety | -280% | -45% |
| Leak Score | 49/100 (9/12) | 37/100 (12/12) |
| Market cap | $3.2B | $6.7B |
| Revenue growth, 5 years | 19.1% | 0.8% |
| Operating margin | 9.6% | 7.1% |
| Net margin | 8.7% | 2.9% |
| Return on equity | 14.8% | 17.9% |
| Debt to equity | 0.13 | 2.81 |
| P/E | 60.2x | 25.0x |
| Forward P/E | 51.9x | 12.8x |
| P/B | 7.3x | 3.8x |
| Dividend yield | — | 2.1% |