Hyatt Hotels Corp (H) is overvalued and Intercontinental Hotels Group ADR (IHG) is overvalued.
Both trade above our estimate of their intrinsic value. IHG is the closer of the two: -36%, against -270% for H.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.9% (average of 3 methods) values the shares at $42.64; the price of $157.80 is 270% above that value, and 75% of that value comes from beyond year five.
Leak Score 0/100 on 3 of 12 signals
Discounting its cash flows at 9.7% (average of 3 methods) values the shares at $113.93; the price of $154.85 is 36% above that value, and 75% of that value comes from beyond year five.
Leak Score 44/100 on 2 of 12 signals
| Metric | H | IHG |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $157.80 | $154.85 |
| Intrinsic value | $42.64 | $113.93 |
| Margin of safety | -270% | -36% |
| Leak Score | 0/100 (3/12) | 44/100 (2/12) |
| Market cap | $14.9B | $22.7B |
| Revenue growth, 5 years | 27.7% | 16.6% |
| Operating margin | 7.5% | 23.6% |
| Net margin | 1.1% | 13.4% |
| Return on equity | 2.3% | — |
| Debt to equity | 1.36 | — |
| P/E | 195.7x | 33.0x |
| Forward P/E | 32.5x | 23.6x |
| P/B | 4.5x | — |
| Dividend yield | 0.4% | 1.3% |