Intel Corp (INTC) is overvalued and SK Hynix Inc ADR (SKHY) is slightly undervalued.
Against our estimates of intrinsic value, SKHY trades at the wider discount: a margin of safety of +14%, against -1189% for INTC.
Values as of the 22 Sept 2026 close.
Its through-the-cycle earnings (23.1% median margin), capitalised at 13.9% with no growth, values the shares at $9.61; the price of $123.86 is 1189% above that value.
Leak Score 28/100 on 8 of 12 signals
A 12.5x revenue multiple, adjusted for growth and margin, values the shares at $226.78; the price of $195.37 is 14% below that value.
Leak Score 81/100 on 3 of 12 signals
| Metric | INTC | SKHY |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $123.86 | $195.37 |
| Intrinsic value | $9.61 | $226.78 |
| Margin of safety | -1189% | +14% |
| Leak Score | 28/100 (8/12) | 81/100 (3/12) |
| Market cap | $654.7B | $1.42T |
| Revenue growth, 5 years | -7.5% | 20.4% |
| Operating margin | 8.0% | 67.8% |
| Net margin | -19.8% | 85.0% |
| Return on equity | -12.2% | 93.7% |
| Debt to equity | 0.58 | 0.08 |
| P/E | — | 12.7x |
| Forward P/E | 58.2x | 5.8x |
| P/B | 7.1x | 8.2x |
| Dividend yield | 0.0% | 0.3% |