General Mills Inc (GIS) is overvalued and Hormel Foods Corp (HRL) is overvalued.
Both trade above our estimate of their intrinsic value. HRL is the closer of the two: -27%, against -1087% for GIS.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.8% (average of 2 methods) values the shares at $2.99; the price of $35.45 is 1087% above that value, and 79% of that value comes from beyond year five.
Leak Score 23/100 on 8 of 12 signals
Discounting its cash flows at 7.0% (average of 3 methods) values the shares at $16.02; the price of $20.33 is 27% above that value, and 83% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | GIS | HRL |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $35.45 | $20.33 |
| Intrinsic value | $2.99 | $16.02 |
| Margin of safety | -1087% | -27% |
| Leak Score | 23/100 (8/12) | 0/100 (2/12) |
| Market cap | $19.0B | $11.2B |
| Revenue growth, 5 years | 0.3% | 4.7% |
| Operating margin | 15.3% | 7.4% |
| Net margin | -0.5% | 2.8% |
| Return on equity | -1.1% | 4.3% |
| Debt to equity | 1.89 | 0.36 |
| P/E | — | 32.7x |
| Forward P/E | 11.1x | 12.9x |
| P/B | 2.6x | 1.4x |
| Dividend yield | 6.9% | 5.8% |