Alphabet Inc (GOOG) is slightly undervalued and Alphabet Inc (GOOGL) is slightly undervalued.
Against our estimates of intrinsic value, GOOGL trades at the wider discount: a margin of safety of +9%, against +9% for GOOG.
Values as of the 22 Sept 2026 close.
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $381.63; the price of $347.41 is 9% below that value.
Leak Score 58/100 on 10 of 12 signals
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $386.09; the price of $351.16 is 9% below that value.
Leak Score 58/100 on 10 of 12 signals
| Metric | GOOG | GOOGL |
|---|---|---|
| Verdict | Slightly undervalued | Slightly undervalued |
| Price | $347.41 | $351.16 |
| Intrinsic value | $381.63 | $386.09 |
| Margin of safety | +9% | +9% |
| Leak Score | 58/100 (10/12) | 58/100 (10/12) |
| Market cap | $4.28T | $4.27T |
| Revenue growth, 5 years | 17.2% | 17.2% |
| Operating margin | 34.0% | 34.0% |
| Net margin | 54.7% | 54.7% |
| Return on equity | 48.7% | 48.7% |
| Debt to equity | 0.18 | 0.18 |
| P/E | 17.4x | 17.6x |
| Forward P/E | 23.0x | 23.2x |
| P/B | 6.8x | 6.9x |
| Dividend yield | 0.2% | 0.2% |