Levi Strauss & Co (LEVI) is fairly valued and VF Corp (VFC) is overvalued.
Against our estimates of intrinsic value, LEVI trades at the wider discount: a margin of safety of +5%, against -73% for VFC.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.8% (average of 3 methods) values the shares at $21.08; the price of $20.06 is 5% below that value, and 73% of that value comes from beyond year five.
Leak Score 43/100 on 3 of 12 signals
Discounting its cash flows at 8.8% (average of 3 methods) values the shares at $7.85; the price of $13.55 is 73% above that value, and 76% of that value comes from beyond year five.
Leak Score 14/100 on 3 of 12 signals
| Metric | LEVI | VFC |
|---|---|---|
| Verdict | Fairly valued | Overvalued |
| Price | $20.06 | $13.55 |
| Intrinsic value | $21.08 | $7.85 |
| Margin of safety | +5% | -73% |
| Leak Score | 43/100 (3/12) | 14/100 (3/12) |
| Market cap | $7.7B | $5.3B |
| Revenue growth, 5 years | 7.1% | 0.8% |
| Operating margin | 11.6% | 7.1% |
| Net margin | 7.3% | 2.9% |
| Return on equity | 25.4% | 17.9% |
| Debt to equity | 1.01 | 2.81 |
| P/E | 16.4x | 19.7x |
| Forward P/E | 11.7x | 10.2x |
| P/B | 3.4x | 3.0x |
| Dividend yield | 3.0% | 2.7% |