Herc Holdings Inc vs Ryder System Inc

Herc Holdings Inc (HRI) is overvalued and Ryder System Inc (R) is fairly valued.

Both trade above our estimate of their intrinsic value. R is the closer of the two: -5%, against -68% for HRI.

Values as of the 22 Sept 2026 close.

Herc Holdings Inc (HRI)

Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $85.55; the price of $144.07 is 68% above that value, and 80% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

Ryder System Inc (R)

Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $225.56; the price of $236.50 is 5% above that value, and 80% of that value comes from beyond year five.

Leak Score 14/100 on 3 of 12 signals

MetricHRIR
VerdictOvervaluedFairly valued
Price$144.07$236.50
Intrinsic value$85.55$225.56
Margin of safety-68%-5%
Leak Score0/100 (2/12)14/100 (3/12)
Market cap$4.8B$9.1B
Revenue growth, 5 years19.7%8.5%
Operating margin13.1%8.2%
Net margin1.0%3.8%
Return on equity2.6%16.6%
Debt to equity5.062.94
P/E98.1x19.4x
Forward P/E13.1x13.3x
P/B2.5x3.1x
Dividend yield2.0%1.5%

All stocks in Rental & Leasing Services