Robinhood Markets Inc (HOOD) is overvalued and Interactive Brokers Group Inc (IBKR) is undervalued.
Against our estimates of intrinsic value, IBKR trades at the wider discount: a margin of safety of +64%, against -58% for HOOD.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 8.2% (average of 3 methods) values the shares at $252.05; the price of $91.88 is 64% below that value, and 80% of that value comes from beyond year five.
Leak Score 70/100 on 7 of 12 signals
| Metric | HOOD | IBKR |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $124.25 | $91.88 |
| Intrinsic value | $78.51 | $252.05 |
| Margin of safety | -58% | +64% |
| Leak Score | 57/100 (5/12) | 70/100 (7/12) |
| Market cap | $111.7B | $41.6B |
| Revenue growth, 5 years | 36.3% | 33.1% |
| Operating margin | 44.2% | 86.7% |
| Net margin | 41.4% | 10.0% |
| Return on equity | 23.6% | 21.0% |
| Debt to equity | 2.92 | 7.72 |
| P/E | 55.0x | 36.6x |
| Forward P/E | 42.8x | 28.9x |
| P/B | 11.8x | 7.0x |
| Dividend yield | — | 0.4% |