Alphabet Inc (GOOG) is slightly undervalued and Snap Inc (SNAP) is overvalued.
Against our estimates of intrinsic value, GOOG trades at the wider discount: a margin of safety of +11%, against -200% for SNAP.
Values as of the 19 Oct 2026 close.
A 10.6x revenue multiple, adjusted for growth and margin, values the shares at $384.08; the price of $340.16 is 11% below that value.
Leak Score 63/100 on 12 of 12 signals
A 1.0x revenue multiple, discounted for its losses, values the shares at $2.09; the price of $6.27 is 200% above that value.
Leak Score 34/100 on 10 of 12 signals
| Metric | GOOG | SNAP |
|---|---|---|
| Verdict | Slightly undervalued | Overvalued |
| Price | $340.16 | $6.27 |
| Intrinsic value | $384.08 | $2.09 |
| Margin of safety | +11% | -200% |
| Leak Score | 63/100 (12/12) | 34/100 (10/12) |
| Market cap | $4.16T | $10.6B |
| Revenue growth, 5 years | 17.2% | 18.8% |
| Operating margin | 34.0% | -5.1% |
| Net margin | 54.7% | -4.9% |
| Return on equity | 48.7% | -15.6% |
| Debt to equity | 0.18 | 2.19 |
| P/E | 17.1x | — |
| Forward P/E | 22.3x | 41.9x |
| P/B | 6.7x | 5.5x |
| Dividend yield | 0.2% | — |