Korn Ferry (KFY) is undervalued and TriNet Group Inc (TNET) is undervalued.
Against our estimates of intrinsic value, KFY trades at the wider discount: a margin of safety of +29%, against +22% for TNET.
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 8.8% (average of 3 methods) values the shares at $85.64; the price of $66.71 is 22% below that value, and 76% of that value comes from beyond year five.
Leak Score 100/100 on 3 of 12 signals
| Metric | KFY | TNET |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $75.86 | $66.71 |
| Intrinsic value | $106.60 | $85.64 |
| Margin of safety | +29% | +22% |
| Leak Score | 84/100 (3/12) | 100/100 (3/12) |
| Market cap | $4.1B | $3.1B |
| Revenue growth, 5 years | 10.1% | 4.4% |
| Operating margin | 13.4% | 6.6% |
| Net margin | 9.2% | 3.6% |
| Return on equity | 14.2% | 150.9% |
| Debt to equity | 0.30 | 7.60 |
| P/E | 14.3x | 17.9x |
| Forward P/E | 11.9x | 13.6x |
| P/B | 1.9x | 24.5x |
| Dividend yield | 2.9% | 1.7% |