Korn Ferry (KFY) is undervalued and Robert Half Inc (RHI) is overvalued.
Against our estimates of intrinsic value, KFY trades at the wider discount: a margin of safety of +29%, against -233% for RHI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 10.2% (average of 3 methods) values the shares at $106.60; the price of $75.86 is 29% below that value, and 72% of that value comes from beyond year five.
Leak Score 84/100 on 3 of 12 signals
Discounting its cash flows at 9.1% (average of 2 methods) values the shares at $11.30; the price of $37.58 is 233% above that value.
Leak Score 0/100 on 2 of 12 signals
| Metric | KFY | RHI |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $75.86 | $37.58 |
| Intrinsic value | $106.60 | $11.30 |
| Margin of safety | +29% | -233% |
| Leak Score | 84/100 (3/12) | 0/100 (2/12) |
| Market cap | $4.1B | $3.8B |
| Revenue growth, 5 years | 10.1% | 1.0% |
| Operating margin | 13.4% | 0.2% |
| Net margin | 9.2% | 2.2% |
| Return on equity | 14.2% | 9.1% |
| Debt to equity | 0.30 | 0.20 |
| P/E | 14.3x | 32.7x |
| Forward P/E | 11.9x | 19.1x |
| P/B | 1.9x | 3.2x |
| Dividend yield | 2.9% | 5.6% |