Liberty Media Corp (FWONK) is overvalued and Roku Inc (ROKU) is overvalued.
Both trade above our estimate of their intrinsic value. ROKU is the closer of the two: -111%, against -125% for FWONK.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $39.94; the price of $89.93 is 125% above that value, and 79% of that value comes from beyond year five.
Leak Score 35/100 on 11 of 12 signals
A 1.7x revenue multiple, discounted for its losses, values the shares at $73.75; the price of $155.54 is 111% above that value.
Leak Score 43/100 on 11 of 12 signals
| Metric | FWONK | ROKU |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $89.93 | $155.54 |
| Intrinsic value | $39.94 | $73.75 |
| Margin of safety | -125% | -111% |
| Leak Score | 35/100 (11/12) | 43/100 (11/12) |
| Market cap | $22.5B | $23.1B |
| Revenue growth, 5 years | 31.4% | 21.6% |
| Operating margin | 12.4% | 5.3% |
| Net margin | 9.4% | 6.8% |
| Return on equity | 5.8% | 13.1% |
| Debt to equity | 0.65 | 0.17 |
| P/E | 55.6x | 66.5x |
| Forward P/E | 40.8x | 39.5x |
| P/B | 3.0x | 8.2x |