Huron Consulting Group Inc (HURN) is slightly overvalued and ICF International Inc (ICFI) is undervalued.
Against our estimates of intrinsic value, ICFI trades at the wider discount: a margin of safety of +31%, against -13% for HURN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 11.4% (average of 3 methods) values the shares at $139.88; the price of $157.86 is 13% above that value, and 69% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
Discounting its cash flows at 7.6% (average of 3 methods) values the shares at $121.43; the price of $83.58 is 31% below that value, and 80% of that value comes from beyond year five.
Leak Score 73/100 on 10 of 12 signals
| Metric | HURN | ICFI |
|---|---|---|
| Verdict | Slightly overvalued | Undervalued |
| Price | $157.86 | $83.58 |
| Intrinsic value | $139.88 | $121.43 |
| Margin of safety | -13% | +31% |
| Leak Score | 14/100 (3/12) | 73/100 (10/12) |
| Market cap | $2.5B | $1.5B |
| Revenue growth, 5 years | 14.3% | 4.4% |
| Operating margin | 11.6% | 8.1% |
| Net margin | 6.4% | 4.9% |
| Return on equity | 26.9% | 8.6% |
| Debt to equity | 2.25 | 0.54 |
| P/E | 23.7x | 17.3x |
| Forward P/E | 14.9x | 10.8x |
| P/B | 6.5x | 1.4x |
| Dividend yield | — | 0.7% |