Host Hotels & Resorts Inc (HST) is undervalued and RLJ Lodging Trust (RLJ) is undervalued.
Against our estimates of intrinsic value, RLJ trades at the wider discount: a margin of safety of +76%, against +34% for HST.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.0% (average of 3 methods) values the shares at $33.67; the price of $22.28 is 34% below that value, and 78% of that value comes from beyond year five.
Leak Score 68/100 on 3 of 12 signals
Discounting its cash flows at 8.3% (average of 3 methods) values the shares at $45.88; the price of $11.03 is 76% below that value, and 79% of that value comes from beyond year five.
Leak Score 72/100 on 8 of 12 signals
| Metric | HST | RLJ |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $22.28 | $11.03 |
| Intrinsic value | $33.67 | $45.88 |
| Margin of safety | +34% | +76% |
| Leak Score | 68/100 (3/12) | 72/100 (8/12) |
| Market cap | $15.3B | $1.7B |
| Revenue growth, 5 years | 30.4% | 23.3% |
| Operating margin | 14.4% | 9.5% |
| Net margin | 16.5% | 0.1% |
| Return on equity | 15.8% | 1.3% |
| Debt to equity | 0.88 | 1.31 |
| P/E | 14.9x | 1869.5x |
| Forward P/E | 20.9x | 320.1x |
| P/B | 2.4x | 0.9x |
| Dividend yield | 7.0% | 5.4% |