LCI Industries (LCII) is undervalued and Polaris Inc (PII) is overvalued.
Against our estimates of intrinsic value, LCII trades at the wider discount: a margin of safety of +35%, against -836% for PII.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $134.53; the price of $87.92 is 35% below that value, and 77% of that value comes from beyond year five.
Leak Score 68/100 on 3 of 12 signals
Discounting its cash flows at 8.8% values the shares at $5.76; the price of $53.97 is 836% above that value.
Leak Score 0/100 on 2 of 12 signals
| Metric | LCII | PII |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $87.92 | $53.97 |
| Intrinsic value | $134.53 | $5.76 |
| Margin of safety | +35% | -836% |
| Leak Score | 68/100 (3/12) | 0/100 (2/12) |
| Market cap | $2.1B | $3.1B |
| Revenue growth, 5 years | 8.1% | 0.3% |
| Operating margin | 7.5% | 1.8% |
| Net margin | 5.2% | -3.5% |
| Return on equity | 15.0% | -25.8% |
| Debt to equity | 0.80 | 2.46 |
| P/E | 10.2x | — |
| Forward P/E | 9.2x | 15.8x |
| P/B | 1.5x | 3.7x |
| Dividend yield | 5.2% | 5.0% |