Goldman Sachs Group Inc (GS) is undervalued and Robinhood Markets Inc (HOOD) is overvalued.
Against our estimates of intrinsic value, GS trades at the wider discount: a margin of safety of +78%, against -58% for HOOD.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $4365.21; the price of $949.49 is 78% below that value, and 80% of that value comes from beyond year five.
Leak Score 45/100 on 10 of 12 signals
Discounting its cash flows at 13.0% values the shares at $78.51; the price of $124.25 is 58% above that value.
Leak Score 57/100 on 5 of 12 signals
| Metric | GS | HOOD |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $949.49 | $124.25 |
| Intrinsic value | $4365.21 | $78.51 |
| Margin of safety | +78% | -58% |
| Leak Score | 45/100 (10/12) | 57/100 (5/12) |
| Market cap | $276.5B | $111.7B |
| Revenue growth, 5 years | 18.7% | 36.3% |
| Operating margin | 19.5% | 44.2% |
| Net margin | 14.7% | 41.4% |
| Return on equity | 17.0% | 23.6% |
| Debt to equity | 6.50 | 2.92 |
| P/E | 14.7x | 55.0x |
| Forward P/E | 12.9x | 42.8x |
| P/B | 2.5x | 11.8x |
| Dividend yield | 2.0% | — |