Robinhood Markets Inc (HOOD) is overvalued and Tradeweb Markets Inc (TW) is fairly valued.
Against our estimates of intrinsic value, TW trades at the wider discount: a margin of safety of +1%, against -26% for HOOD.
Values as of the 16 Oct 2026 close.
Discounting its cash flows at 12.9% values the shares at $78.51; the price of $98.87 is 26% above that value.
No Leak Score yet
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $114.15; the price of $113.49 is 1% below that value, and 79% of that value comes from beyond year five.
Leak Score 66/100 on 10 of 12 signals
| Metric | HOOD | TW |
|---|---|---|
| Verdict | Overvalued | Fairly valued |
| Price | $98.87 | $113.49 |
| Intrinsic value | $78.51 | $114.15 |
| Margin of safety | -26% | +1% |
| Leak Score | — | 66/100 (10/12) |
| Market cap | $88.9B | $26.6B |
| Revenue growth, 5 years | 36.3% | 18.1% |
| Operating margin | 44.2% | 43.6% |
| Net margin | 41.4% | 40.6% |
| Return on equity | 23.6% | 14.1% |
| Debt to equity | 2.92 | 0.02 |
| P/E | 43.8x | 27.1x |
| Forward P/E | 32.6x | 24.4x |
| P/B | 9.4x | 3.6x |
| Dividend yield | — | 0.5% |