Johnson Controls International plc (JCI) is overvalued and Owens Corning (OC) is undervalued.
Against our estimates of intrinsic value, OC trades at the wider discount: a margin of safety of +37%, against -153% for JCI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.5% (average of 3 methods) values the shares at $57.92; the price of $146.44 is 153% above that value, and 71% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 9.0% (average of 2 methods) values the shares at $200.21; the price of $126.66 is 37% below that value, and 76% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
| Metric | JCI | OC |
|---|---|---|
| Verdict | Overvalued | Undervalued |
| Price | $146.44 | $126.66 |
| Intrinsic value | $57.92 | $200.21 |
| Margin of safety | -153% | +37% |
| Leak Score | 59/100 (3/12) | 56/100 (2/12) |
| Market cap | $88.7B | $10.0B |
| Revenue growth, 5 years | 1.1% | 7.4% |
| Operating margin | 14.4% | 14.9% |
| Net margin | 14.3% | -6.8% |
| Return on equity | 14.9% | -9.6% |
| Debt to equity | 0.70 | 1.52 |
| P/E | 25.5x | — |
| Forward P/E | 24.1x | 10.6x |
| P/B | 6.6x | 2.6x |
| Dividend yield | 1.1% | 2.4% |