Intuitive Surgical Inc (ISRG) is overvalued and Solventum Corp (SOLV) is overvalued.
Both trade above our estimate of their intrinsic value. SOLV is the closer of the two: -73%, against -130% for ISRG.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 11.7% (average of 3 methods) values the shares at $175.09; the price of $402.09 is 130% above that value, and 69% of that value comes from beyond year five.
Leak Score 47/100 on 8 of 12 signals
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $51.30; the price of $88.75 is 73% above that value, and 79% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | ISRG | SOLV |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $402.09 | $88.75 |
| Intrinsic value | $175.09 | $51.30 |
| Margin of safety | -130% | -73% |
| Leak Score | 47/100 (8/12) | 59/100 (3/12) |
| Market cap | $142.0B | $15.1B |
| Revenue growth, 5 years | 18.2% | 0.5% |
| Operating margin | 31.3% | 8.5% |
| Net margin | 28.4% | 17.3% |
| Return on equity | 17.4% | 34.0% |
| Debt to equity | 0.00 | 1.10 |
| P/E | 46.1x | 10.8x |
| Forward P/E | 33.3x | 12.1x |
| P/B | 7.8x | 3.1x |