Intel Corp (INTC) is overvalued and Texas Instruments Inc (TXN) is overvalued.
Both trade above our estimate of their intrinsic value. TXN is the closer of the two: -43%, against -830% for INTC.
Values as of the 19 Oct 2026 close.
Its through-the-cycle earnings (25.0% median margin), capitalised at 14.0% with no growth, values the shares at $9.90; the price of $92.03 is 830% above that value.
Leak Score 23/100 on 10 of 12 signals
A 9.6x revenue multiple, adjusted for growth and margin, values the shares at $193.18; the price of $276.15 is 43% above that value.
Leak Score 42/100 on 11 of 12 signals
| Metric | INTC | TXN |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $92.03 | $276.15 |
| Intrinsic value | $9.90 | $193.18 |
| Margin of safety | -830% | -43% |
| Leak Score | 23/100 (10/12) | 42/100 (11/12) |
| Market cap | $486.5B | $252.2B |
| Revenue growth, 5 years | -7.5% | 4.1% |
| Operating margin | 8.0% | 38.1% |
| Net margin | -19.8% | 30.9% |
| Return on equity | -12.2% | 35.0% |
| Debt to equity | 0.58 | 0.78 |
| P/E | — | 42.0x |
| Forward P/E | 42.3x | 26.6x |
| P/B | 5.3x | 14.0x |
| Dividend yield | 0.1% | 2.1% |