Herc Holdings Inc (HRI) is overvalued and United Rentals Inc (URI) is slightly overvalued.
Both trade above our estimate of their intrinsic value. URI is the closer of the two: -19%, against -68% for HRI.
Values as of the 22 Sept 2026 close.
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
Discounting its cash flows at 11.6% (average of 3 methods) values the shares at $879.95; the price of $1043.04 is 19% above that value, and 68% of that value comes from beyond year five.
Leak Score 58/100 on 10 of 12 signals
| Metric | HRI | URI |
|---|---|---|
| Verdict | Overvalued | Slightly overvalued |
| Price | $144.07 | $1043.04 |
| Intrinsic value | $85.55 | $879.95 |
| Margin of safety | -68% | -19% |
| Leak Score | 0/100 (2/12) | 58/100 (10/12) |
| Market cap | $4.8B | $64.9B |
| Revenue growth, 5 years | 19.7% | 13.6% |
| Operating margin | 13.1% | 25.2% |
| Net margin | 1.0% | 15.7% |
| Return on equity | 2.6% | 28.9% |
| Debt to equity | 5.06 | 1.67 |
| P/E | 98.1x | 25.1x |
| Forward P/E | 13.1x | 18.2x |
| P/B | 2.5x | 7.0x |
| Dividend yield | 2.0% | 0.8% |