Gamestop Corp (GME) is overvalued and Tractor Supply Co (TSCO) is fairly valued.
Both trade above our estimate of their intrinsic value. TSCO is the closer of the two: -1%, against -66% for GME.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 12.4% (average of 3 methods) values the shares at $14.47; the price of $24.03 is 66% above that value, and 64% of that value comes from beyond year five.
Leak Score 49/100 on 10 of 12 signals
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $32.48; the price of $32.84 is 1% above that value, and 79% of that value comes from beyond year five.
Leak Score 55/100 on 10 of 12 signals
| Metric | GME | TSCO |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $24.03 | $32.84 |
| Intrinsic value | $14.47 | $32.48 |
| Margin of safety | -66% | -1% |
| Leak Score | 49/100 (10/12) | 55/100 (10/12) |
| Market cap | $12.1B | $17.1B |
| Revenue growth, 5 years | -6.5% | 7.9% |
| Operating margin | 13.9% | 8.9% |
| Net margin | 25.2% | 6.4% |
| Return on equity | 15.8% | 39.5% |
| Debt to equity | 0.71 | 2.49 |
| P/E | 15.9x | 17.1x |
| Forward P/E | 12.9x | 16.1x |
| P/B | 1.8x | 6.5x |
| Dividend yield | — | 3.0% |