Alphabet Inc vs Pinterest Inc

Alphabet Inc (GOOGL) is slightly undervalued and Pinterest Inc (PINS) is overvalued.

Against our estimates of intrinsic value, GOOGL trades at the wider discount: a margin of safety of +9%, against -123% for PINS.

Values as of the 22 Sept 2026 close.

Alphabet Inc (GOOGL)

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

Pinterest Inc (PINS)

Discounting its cash flows at 9.1% (average of 3 methods) values the shares at $8.23; the price of $18.39 is 123% above that value, and 77% of that value comes from beyond year five.

Leak Score 27/100 on 3 of 12 signals

MetricGOOGLPINS
VerdictSlightly undervaluedOvervalued
Price$351.16$18.39
Intrinsic value$386.09$8.23
Margin of safety+9%-123%
Leak Score58/100 (10/12)27/100 (3/12)
Market cap$4.27T$10.4B
Revenue growth, 5 years17.2%20.1%
Operating margin34.0%6.3%
Net margin54.7%5.5%
Return on equity48.7%6.5%
Debt to equity0.180.41
P/E17.6x53.6x
Forward P/E23.2x7.7x
P/B6.9x3.6x
Dividend yield0.2%

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